CHINESE AMERICAN MEDICAL SOCIETY

EIN: 133418133 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$1,024,238
Total Expenses
$609,277
Total Assets
$3,002,962
Net Assets
$2,651,855
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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

Formation Year
1964
Legal Domicile
NY
Phone
2123344760
Tax Period
2024-01-01 to 2024-12-31

CHINESE AMERICAN MEDICAL SOCIETY, founded in 1964, is a community nonprofit in the Health Care sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $415K, a strong 41% operating margin.

Mission

The Chinese American Medical Society (the Society) was created in the State of NY in 1964. Its mission is to improve the health status of Chinese Americans and to promote excellence in health care for all through the mobilization of health care professionals. It does this primarily through the holding of annual membership scientific meetings and special scientific meetings for the purpose of exchanging scientific and medical information.

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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 (2024)

Revenue Breakdown

Contributions & Grants $543,622
Program Service Revenue $0
Investment Income $480,616
Other Revenue $0
TOTAL REVENUE $1,024,238

Expense Breakdown

Grants Paid $49,450
Salaries & Benefits $79,925
Fundraising Expenses $310,644
Program Expenses $68,534
Other Expenses $479,902
TOTAL EXPENSES $609,277

Year-over-Year Comparison

2024 2023 Change
Revenue $1,024,238 $599,027 +0.7%
Expenses $609,277 $761,080 -0.2%
Net Income $414,961 $-162,053 -3.6%
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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Governance

Voting Members
17
Independent Members
17
Employees
1
Volunteers
15

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
7
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX J KY MD PRESIDENT 4.00
Officer
$0 $0 $0
NING LIN MD PRESIDENT-ELECT 2.00
Officer
$0 $0 $0
STANLEY YANG MD VICE PRESIDENT 2.00
Officer
$0 $0 $0
BENJAMIN LEE MD SECRETARY 2.00
Officer
$0 $0 $0
JAMES TSAI MD TREASURER 2.00
Officer
$0 $0 $0
VICTOR CHANG MD IMMEDIATE PAST PRESIDENT 2.00
Officer
$0 $0 $0
WARREN W CHIN MD EXECUTIVE DIRECTOR 4.00
Officer
$0 $0 $0
CHRISTOPHER LAU MD VOTING BOARD MEMBER 4.00
Director
$0 $0 $0
CYNTHIA X PAN MD VOTING BOARD MEMBER 4.00
Director
$0 $0 $0
JAMES PARK MD VOTING BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN R LEEMD VOTING BOARD MEMBER 4.00
Director
$0 $0 $0
JOHN WS HO MD VOTING BOARD MEMBER 2.00
Director
$0 $0 $0
JORGE CON MD VOTING BOARD MEMBER 2.00
Director
$0 $0 $0
WENHUI LI PHD VOTING BOARD MEMBER 4.00
Director
$0 $0 $0
MARY LEE-WONG MD VOTING BOARD MEMBER 4.00
Director
$0 $0 $0
SANDRA HO MD VOTING BOARD MEMBER 2.00
Director
$0 $0 $0
WINSON CHEN MD VOTING BOARD MEMBER 4.00
Director
$0 $0 $0
DAVID TW CHIU MD EX-OFFICIO, PRESIDENT 1.00
Director
$0 $0 $0
SUN-HOO FOO MD EX-OFFICIO, BOARD OF DIRECTOR 1.00
Director
$0 $0 $0
PEGGY SHENG EX-OFFICIO,CAIPA REP. 1.00
Director
$0 $0 $0
PERRY PONG MD EX-OFFICIO, CWCHC REP. 1.00
Director
$0 $0 $0
PAULINE LAU MD EX-OFFICIO, CAIPA REP. 1.00
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
2024 $1,024,238 $609,277 $3,002,962 $414,961
2023 $599,027 $752,080 $2,835,765 $-153,053
2023 $599,027 $761,080 $2,835,765 $-162,053
2022 $586,491 $587,160 $2,803,217 $-669
2021 $324,901 $358,916 $3,127,243 $-34,015
2020 $331,947 $391,057 $3,144,916 $-59,110
2019 $898,217 $695,765 $2,739,411 $202,452
2018 $863,779 $635,720 $2,439,002 $228,059
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