Taiwanese Chambers of Commerce of New York Inc
Nonprofit profile at a glance
- EIN
- 132878291
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Flushing, NY, USA
- Phone
- 7184613325
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $196,955
- Expenses
- $194,837
- Assets
- $128,125
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Daniel Chang (Vice President)
- SAM LIN (President)
- THOMAS CHANG (Vice President)
- PHILIP WANG (Vice President)
People named in this filing
- Daniel Chang (Vice President)
- Maggie Huang (Direc. Genera)
- JIMMY TSAI (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Chamber of commerce
What it reported doing in 2024
Annual membership meetings are provided to promote the exchange of ideas and the furtherance of the organizations primary exempt purpose.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 90% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 72
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.6%; rating input score 99
- Program expense ratio: 99.7%; rating input score 100
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.1%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 9.2%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 14.4% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 98.6% of revenue deployed · 99.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $194K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 11 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 37/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 21/100.