TAIWANESE CHAMBERS OF COMMERCE OF NEW YORK INC

EIN: 132878291

FLUSHING, NY

Total Revenue
$270,212
Total Expenses
$242,792
Total Assets
$126,007
Net Assets
$126,007
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile
NY
Phone
7184613325
Tax Period
2023-01-01 to 2023-12-31

TAIWANESE CHAMBERS OF COMMERCE OF NEW YORK INC is a small nonprofit that reported $270K in total revenue in fiscal year 2023. Expenses of $243K left a modest 10% surplus.

Mission

CHAMBER OF COMMERCE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $124,582
Program Service Revenue $145,620
Investment Income $10
Other Revenue $0
TOTAL REVENUE $270,212

Expense Breakdown

Grants Paid $31,504
Salaries & Benefits $18,000
Fundraising Expenses $0
Program Expenses $242,792
Other Expenses $193,288
TOTAL EXPENSES $242,792

Year-over-Year Comparison

2023 2022 Change
Revenue $270,212 N/A N/A
Expenses $242,792 N/A N/A
Net Income $27,420 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
38
Employees
N/A
Volunteers
7

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$18,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Howard Liao Secretary 2.00
Officer
$18,000 $0 $18,000
YUCHING JAMES PAI President 2.00
Officer Director
$0 $0 $0
JOEY CHIANG Director Genera 2.00
Officer Director
$0 $0 $0
SCOTT HUANG Secretary Gener 2.00
Officer Director
$0 $0 $0
JIMMY TSAI Treasurer 2.00
Officer Director
$0 $0 $0
SAM LIN Vice President 2.00
Officer Director
$0 $0 $0
THOMAS CHANG Vice President 2.00
Officer Director
$0 $0 $0
PHILIP WANG Vice President 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $270,212 $242,792 $126,007 $27,420
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