WISCONSIN CHINESE CHAMBER OF COMMERCE

EIN: 823171078 501(c)(3) Community Improvement

WAUWATOSA, WI

Total Revenue
$614,167
Total Expenses
$689,043
Total Assets
$347,453
Net Assets
$273,759
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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

Principal Officer
CHRIS GAN
Phone
2625734668
Tax Period
2023-01-01 to 2023-12-31

WISCONSIN CHINESE CHAMBER OF COMMERCE is a small nonprofit in the Community Improvement sector that reported $614K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $689K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE WISCONSIN CHINESE CHAMBER OF COMMERCE (WCCC) IS A NON-PROFIT ORGANIZATION DEDICATED TO THE SUPPORT AND GROWTH OF MINORITY/CHINESE BUSINESSES IN WISCONSIN. BACKED BY A DIVERSE BUSINESS ASSISTANCE PROGRAM GRANT, WE'RE ABLE TO PROVIDE A POWERFUL SUITE OF DIGITAL MARKETING SERVICES DESIGNED TO ELEVATE OUR MEMBERS PRESENCE IN THE ONLINE SPACE, THEREBY BOOSTING THEIR POTENTIAL FOR SUCCESS.

Program Service Accomplishments

Program 1
Expenses: $665,439 Revenue: $18,441

THE DIGITAL MARKETING EXPENSE TO PROMOTE MEMBER BUSINESSES THROUGH BLOG ARTICLES, BUSINESS LISTINGS, PROMOTIONAL VIDEOS, AND OTHER CONTENT VIA WCCC SOCIAL MEDIA PLATFORMS AND GOOGLE ADS, WEBINARS...

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THE DIGITAL MARKETING EXPENSE TO PROMOTE MEMBER BUSINESSES THROUGH BLOG ARTICLES, BUSINESS LISTINGS, PROMOTIONAL VIDEOS, AND OTHER CONTENT VIA WCCC SOCIAL MEDIA PLATFORMS AND GOOGLE ADS, WEBINARS, AND WORKSHOPS ETC.

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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 $581,525
Program Service Revenue $18,441
Investment Income $0
Other Revenue $14,201
TOTAL REVENUE $614,167

Expense Breakdown

Grants Paid $0
Salaries & Benefits $206,132
Fundraising Expenses $0
Program Expenses $665,439
Other Expenses $482,911
TOTAL EXPENSES $689,043

Year-over-Year Comparison

2023 2022 Change
Revenue $614,167 $495,824 +0.2%
Expenses $689,043 $162,548 +3.2%
Net Income $-74,876 $333,276 -1.2%
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
9
Independent Members
9
Employees
2
Volunteers
25

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
3
$338,909
Total Directors
9
$338,909
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WENBIN YUAN CEO 40.00
Officer Director
$145,800 $0 $145,800
ZIMING WU TREASURER 40.00
Officer Director
$112,308 $0 $112,308
CHRIS GAN PRESIDENT 40.00
Officer Director
$80,801 $0 $80,801
MINGTAO JIANG DIRECTOR 1.00
Director
$0 $0 $0
CHARLES LI DIRECTOR 1.00
Director
$0 $0 $0
HAIYUN LU DIRECTOR 1.00
Director
$0 $0 $0
YAN LU DIRECTOR 1.00
Director
$0 $0 $0
ZHANG WANG DIRECTOR 1.00
Director
$0 $0 $0
FANNI XIE DIRECTOR 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 No data No data No data No data
2023 $614,167 $689,043 $347,453 $-74,876
2022 $495,824 $162,548 $447,488 $333,276
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