CHINATOWN DISTRICT MANAGEMENT ASSOCIATION INC

EIN: 455491393 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$1,928,222
Total Expenses
$2,063,177
Total Assets
$2,157,642
Net Assets
$1,884,112
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
WELLINGTON CHEN
Phone
2123469288
Tax Period
2022-07-01 to 2023-06-30

CHINATOWN DISTRICT MANAGEMENT ASSOCIATION INC, founded in 2012, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2022.

Mission

PROMOTE THE VITALITY AND ECONOMIC GROWTH OF A BUSINESS IMPROVEMENT DISTRICT LOCATED IN NYC.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $77,514
Program Service Revenue $1,805,394
Investment Income $45,314
Other Revenue $0
TOTAL REVENUE $1,928,222

Expense Breakdown

Grants Paid $6,489
Salaries & Benefits $351,152
Fundraising Expenses $13,819
Program Expenses $1,787,300
Other Expenses $1,705,536
TOTAL EXPENSES $2,063,177

Year-over-Year Comparison

2022 2021 Change
Revenue $1,928,222 $1,968,598 0.0%
Expenses $2,063,177 $1,690,835 +0.2%
Net Income $-134,955 $277,763 -1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
29
Independent Members
29
Employees
N/A
Volunteers
309

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
$161,334
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK YEE CHAIR 0.50
Officer Director
$0 $0 $0
KENNY CHAN FIRST VICE-CHAIR 0.50
Officer Director
$0 $0 $0
MICHAEL SALZHAUER SECOND VICE-CHAIR 0.50
Officer Director
$0 $0 $0
STEPHEN CHEUNG THIRD VICE-CHAIR 0.50
Officer Director
$0 $0 $0
NOLAN CHENG SECRETARY 0.50
Officer Director
$0 $0 $0
TONY C WONG TREASURER 0.50
Officer Director
$0 $0 $0
ANDREW CHANG DIRECTOR 0.50
Director
$0 $0 $0
ANDREW MARCUS DIRECTOR 0.50
Director
$0 $0 $0
ANTHONY P COLOMBINI DIRECTOR 0.50
Director
$0 $0 $0
CHUN KA LUK DIRECTOR 0.50
Director
$0 $0 $0
DAVID FU DIRECTOR 0.50
Director
$0 $0 $0
DIMAS VARGAS DIRECTOR 0.50
Director
$0 $0 $0
EDWARD J CUCCIA DIRECTOR 0.50
Director
$0 $0 $0
GABE B MUI DIRECTOR 0.50
Director
$0 $0 $0
HEI CHAN DIRECTOR 0.50
Director
$0 $0 $0
IAN WANG DIRECTOR 0.50
Director
$0 $0 $0
JAMES T TANG DIRECTOR 0.50
Director
$0 $0 $0
JIMMY CHENG DIRECTOR 0.50
Director
$0 $0 $0
JOHN J PASQUALE DIRECTOR 0.50
Director
$0 $0 $0
JOHN K YU DIRECTOR 0.50
Director
$0 $0 $0
JUDY NG DIRECTOR 0.50
Director
$0 $0 $0
KENNETH LEUNG DIRECTOR 0.50
Director
$0 $0 $0
KENNETH MA DIRECTOR 0.50
Director
$0 $0 $0
MAX NG DIRECTOR 0.50
Director
$0 $0 $0
RAYMOND TSANG DIRECTOR 0.50
Director
$0 $0 $0
SIO WAI SANG DIRECTOR 0.50
Director
$0 $0 $0
STELLA CHAN DIRECTOR 0.50
Director
$0 $0 $0
STELLA SHIU DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM H SU DIRECTOR 0.50
Director
$0 $0 $0
WELLINGTON Z CHEN EXECUTIVE DIRECTOR 25.00
Officer
$0 $36,334 $161,334
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,928,222 $2,063,177 $2,157,642 $-134,955
2022 $1,968,598 $1,690,835 $2,192,939 $277,763
2021 $1,898,753 $1,384,753 $1,883,329 $514,000
2020 $1,904,464 $1,608,192 $1,365,945 $296,272
2019 $1,679,850 $1,504,559 $1,110,450 $175,291
2018 $1,459,736 $1,313,629 $947,077 $146,107
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHINATOWN DISTRICT MANAGEMENT ASSOCIATION INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.