Form 990 for tax year 2022
Filed by BROOKLYN CHINESE-AMERICAN ASSOCIATION INC.
Totals
- Total revenue
- $21,244,140
- Total expenses
- $20,101,154
- Contributions and grants received
- $21,049,212
- Grants paid
- $0
- Program service revenue
- $194,761
- Investment income
- $167
- Other revenue
- $0
- Total assets, end of year
- $28,546,686
- Total liabilities, end of year
- $12,926,197
- Net assets or fund balances, end of year
- $15,620,489
- Program services expenses (Part IX)
- $18,704,866
- Management and general expenses
- $1,396,288
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $18,704,866
Program services were 93.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$20,861,240
-
1f · All other contributions, gifts and grants
$187,972
-
2a · Program service revenue: CHILD CARE SERVICES
total $194,761 · related or exempt $194,761
-
3 · Investment income
total $167 · excluded $167
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $9,766,469 · program services $9,565,026 · management and general $201,443
-
9 · Other employee benefits
total $1,439,416 · program services $1,413,290 · management and general $26,126
-
11c · Fees: accounting
total $123,510 · program services $75,624 · management and general $47,886
-
11g · Fees: other
total $359,055 · program services $308,890 · management and general $50,165
-
16 · Occupancy
total $3,814,664 · program services $3,000,977 · management and general $813,687
-
17 · Travel
total $37,557 · program services $37,362 · management and general $195
-
23 · Insurance
total $435,005 · program services $351,655 · management and general $83,350
-
24a · Other expenses: EDUCATIONAL MATERIALS
total $1,661,385 · program services $1,600,368 · management and general $61,017
-
24b · Other expenses: MEALS AND REFRESHMENTS
total $1,100,024 · program services $1,095,607 · management and general $4,417
-
24c · Other expenses: SUPPLIES
total $717,068 · program services $682,617 · management and general $34,451
-
24d · Other expenses: PARENT INVOLVEMENT
total $212,513 · program services $204,880 · management and general $7,633
-
24e · All other expenses
total $434,488 · program services $368,570 · management and general $65,918
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,027,523 · end of year $6,168,690
-
3 · Pledges and grants receivable
beginning of year $6,216,220 · end of year $2,582,710
-
7 · Other notes and loans receivable
beginning of year $13,323 · end of year $13,323
-
9 · Prepaid expenses and deferred charges
beginning of year $37,627 · end of year $41,199
-
10a · Land, buildings and equipment: cost or other basis
$10,182,004
-
10b · Land, buildings and equipment: accumulated depreciation
$605,255
-
10c · Land, buildings and equipment, net
beginning of year $6,960,592 · end of year $9,576,749
-
15 · Other assets
beginning of year $233,440 · end of year $10,164,015
-
17 · Accounts payable and accrued expenses
beginning of year $2,145,597 · end of year $468,867
-
19 · Deferred revenue
beginning of year $326,026 · end of year $612,622
-
24 · Unsecured notes and loans payable
beginning of year $1,050,000
-
25 · Other liabilities
beginning of year $280,528 · end of year $11,844,708
-
27 · Net assets without donor restrictions
beginning of year $14,686,574 · end of year $14,689,896
-
28 · Net assets with donor restrictions
end of year $930,593
Mission and programs · 2022
Mission
THE ORGANIZATION IS A MULTI-SOCIAL SERVICES ORGANIZATION SERVING THE ASIAN-AMERICAN COMMUNITIES OF BROOKLYN.
-
CHILD CARE PROGRAMS - INCLUDES DAY CARE & SUMMER PROGRAMS FOR PRE-SCHOOL CHILDREN FROM LOW INCOME FAMILIES.
Expenses $11,279,443 · Revenue $194,761
-
YOUTH PROGRAMS - INCLUDES EDUCATIONAL, RECREATIONAL & COUNSELING SERVICES.
Expenses $4,330,227
-
SENIOR CITIZEN PROGRAMS - INCLUDES EDUCATIONAL,RECREATIONAL & CULTURAL ACTIVITIES AND VARIOUS SENIOR ASSISTANCE SERVICES.
Expenses $1,868,752
-
OTHER PROGRAM SERVICES 1,226,444: THIS AMOUNT REPRESENTS COMMUNITY PROGRAMS - VARIOUS COMMUNITY SERVICES - INCLUDES CRIME VICTIMS ASSISTANCE, NUTRITION EDUCATION AND OUTREACH SERVICES AND OTHER COMMUNITY EVENTS AND FUNCTIONS.
Expenses $1,226,444
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul MakPAUL MAK
PRESIDENT/CE
- Total calculated
- $242,000
- From this org
- $242,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $242,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $242,000
-
Haney HoHANEY HO
VICE-PRESIDE
- Total calculated
- $181,284
- From this org
- $181,284
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,284
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $181,284
-
Samuel CheungSAMUEL CHEUNG
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Cecilia FungCECILIA FUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tony FungTONY FUNG
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Margaret LamMARGARET LAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shiu Kam LeungSHIU KAM LEUNG
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Shao Juan LiangSHAO JUAN LIANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danny TsoiDANNY TSOI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BROOKLYN COMMUNITY DEVELOPMENT CORP BROOKLYN COMMUNITY DEVELOPMENT CORP
501C3 · DEVELOPMEN · NY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349304488
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