2024-11-13T14:28:46-08:00 2023-12-31 113555144 John Vazzana CPA PLLC 70 72nd Street Brooklyn NY 11209 990 2023-01-01 881524156 Welcome To Chinatown Inc WELC 4106082996 115 Bowery New York NY 10002 Victoria Lee Chief Executive Officer 4106082996 2024-09-23 true true John Vazzana P00229851 7184911241 2023 2024-10-15 13:58:12Z Victoria Lee 115 Bowery Ground FL New York NY 10002 794419 false X www.welcometochinatown.com X 2022 DE Driving Manhattans Chinatown towards a future where tradition meets innovation, our mission is to bolster local businesses and entrepreneurs and to forge connections within and across our community. 6 6 4 71 0 0 0 791596 0 400 0 0 -35087 0 756909 0 14071 0 129775 0 26214 0 246095 0 389941 0 366968 0 2288894 0 1921926 0 366968 Driving Manhattans Chinatown towards a future where tradition meets innovation, our mission is to bolster local businesses and entrepreneurs and to forge connections within and across our community. Together, we will keep Chinatown open as a beacon of cultural and economic resilience. false false 310877 14071 400 Our work is carried out through programming and events at our Small Business Innovation Hub - the first-in-kind gathering space to empower small businesses, build bridges and champion sustainable growth. The Hub - Our Small Business Innovation Hub includes programming and events across our Coach, Connect, Invest, and Innovate verticals. The Hubs co-working and meeting rooms provide third-party spaces for our community to foster collaboration and innovation to build Chinatowns long term economic and cultural sustainability. We hosted 52 events and programs in 2023. Longevity Fund (Coach + Invest) - We provided small businesses and budding entrepreneurs training and hands on support with a focus on succession planning and new business incubation. Our Longevity Fund helps small businesses and entrepreneurs reach their targets through funding and venture support. We supported 97 businesses and residents in 2023. Community Outreach (Connect) - We drove collaboration to build community while reaching goals. We hosted family meals, connected small businesses with corporate partners, and created Made in Chinatown Labs to foster the freelance economy. We engaged about 43,000 attendees in 2023. 310877 true true false false false false false false false false true false false true true false true false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 10 0 4 true false false false false false true true false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false NY X X Victoria Lee 2012642202 115 Bowery New York NY 10002 Victoria Lee Chief Executive Officer 40.00 X 22909 0 2015 Jennifer Tam Chairman 1.00 X X 0 0 0 Gerald Lam Treasurer 1.00 X X 0 0 0 Andrew Tein Secretary 1.00 X X 0 0 0 Pam Yang Director 1.00 X 0 0 0 Linus Li Director 1.00 X 0 0 0 Golam Khan Director 1.00 X 0 0 0 22909 0 2015 false false false 36412 755184 15645 791596 Program Service Fees 900099 400 0 0 400 2423 36412 37510 -35087 0 -35087 756909 400 0 -35087 14071 14071 24925 17447 3739 3739 90684 67081 5436 18167 5999 4379 480 1140 8167 5962 653 1552 21000 10500 10500 0 59055 43050 16005 0 606 0 0 606 1369 136 1233 0 121555 109400 12155 0 1737 1303 434 0 1952 1464 488 0 1560 1170 390 0 License, dues, and fees 225 0 225 0 Postage and delivery 180 90 90 0 Processing and other fees 2032 0 1022 1010 Program expenses & supplies 34824 34824 0 0 389941 310877 52850 26214 0 352430 0 3419 53856 0 0 53856 0 1879189 0 2288894 0 21924 0 1900002 0 1921926 X 366968 0 366968 0 2288894 366968 X X false true X true false X 0 0 791596 791596 0 0 0 791596 791596 335340 456256 0 0 0 791596 400 X 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 53856 0 53856 53856 Operating right-of-use asset 1831189 Security deposit 48000 1879189 Operating lease liability 1900002 1900002 793659 36750 36750 756909 756909 426691 36750 36750 389941 389941 Holiday Fundraiser 38835 36412 2423 21060 16450 38835 36412 2423 21060 16450 37510 -35087 true Hardship Assistance 14 14071 Pt I Line 2 The organization maintains specific records and performs followup procedures for all families who receive assistance. Pt VI, Line 11b A qualified and authorized person shall complete the annual Form 990 informational return. The return shall be reviewed by the CEO and then presented to all board members either via e-mail or by paper copy prior to its filing with the IRS. Pt VI, Line 12c Each director, principal and officer, shall annually sign a statement which affirms such person has agreed to comply with the policy and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Pt VI, Line 15a The salaries of the officers, if any, shall be fixed by resolution of the board of directors. In all cases, any salaries received by officers of this organization shall be reasonable. All officer salaries shall be approved in advance in accordance with the organizations conflict of interest policy. Pt VI, Line 15b See Part VI, Line 15a Pt VI, Line 19 The organization makes its Governing Documents, Conflicts of Interest Policy and Financial Statements available to the public upon written request. Pt XII, Line 2c The independent members of the governance board act as the audit committee and assume responsibility for the oversight of the audit of the financial statements and the selection of the independent accountant. Form 990, Part IX, Line 11g Strategic consulting 15000. 0. 15000. 0. Form 990, Part IX, Line 11g Payroll Administration 1005. 0. 1005. 0. Form 990, Part IX, Line 11g Program Consultants 43050. 43050. 0. 0.