2025-11-14T08:33:56-08:00 2024-12-31 113555144 John Vazzana CPA PLLC 70 72nd Street Brooklyn NY 11209 990 2024-01-01 881524156 Welcome To Chinatown Inc WELC 6464102391 115 Bowery New York NY 10002 Victoria Lee Chief Executive Officer 6464102391 2025-09-15 true true John Vazzana P00229851 7184911241 2024 2025-03-06 01:10:19Z Victoria Lee 115 Bowery Ground FL New York NY 10002 1652226 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 4 210 0 0 791596 1611043 400 9618 815 -35087 -134314 756909 1487162 14071 39477 0 129775 488606 0 133269 246095 1129625 389941 1657708 366968 -170546 2288894 3412912 1921926 3216490 366968 196422 Welcome to Chinatown strengthens Chinatowns small business ecosystem through coaching, capital matchmaking, cultural integration, and thought leadership. We provide entrepreneurs with the tools, data, and community infrastructure needed to thrive while ensuring that Chinatowns cultural heritage remains central to its economic future. false false 1236830 39477 9618 In 2024, Welcome to Chinatown (WtC) launched the newly renovated Small Business Innovation Hub at 115 Bowery-the neighborhoods first community space dedicated to entrepreneurial growth and cultural preservation. Through 50+ workshops and activations, WtC served 452 entrepreneurs through business coaching, succession planning, and digital readiness. WtCs public programming garnered 28K attendees, including through our tentpole Lunar New Year programming. As for summer 2024, WtC is one of 26 New York State Entrepreneurs Assistance Centers servicing Lower Manhattan small businesses with a special focus on AAPI small businesses and entrepreneurs more broadly. - In 2024, WtC continued its organizational evolution from pandemic response to long-term community development. Building on findings from its 2022 Chinatown Impact Study and the 2024 Succession Planning Framework developed with HR&A Advisors, WtC expanded its program infrastructure and internal systems to support measurable, lasting impact. - To meet the growing demand for programs and create lasting community infrastructure, WtC completed a major capital renovation of its Small Business Innovation Hub at 115 Bowery. This project represented a significant investment in the neighborhoods future and was financed through a mix of public support, private contributions, and mission- aligned debt, allowing WtC to scale its impact while establishing a sustainable long-term base for operations. - WtC also deepened cross-sector collaboration through convenings such as the Chinatown Food Systems Roundtable and the North America Chinatown Solidarity Conference, reinforcing its role as a trusted convener among public, private, and philanthropic partners. These efforts strengthened Chinatowns small-business ecosystem while building institutional capacity for financial management, program evaluation, and community engagement. - Collectively, these initiatives position Welcome to Chinatown as a leading model for community-based economic development-linking entrepreneurship, cultural preservation, and data-driven policy to ensure that Manhattans Chinatown remains a vibrant, self-sustaining economy for generations to come. 1236830 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 true false false false false false false false false false false false false false true 19 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 6464102391 115 Bowery New York NY 10002 Victoria Lee Chief Executive Officer 40.00 X 121340 0 11022 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 121340 0 11022 1 false false false Bellwood NY Inc 588 Court Street Brooklyn NY 11231 Construction 544366 1 141859 469500 999684 1611043 Program Service Fees 900099 9618 0 0 9618 815 0 815 30750 141859 165064 -134314 0 -134314 1487162 9618 0 -133499 39477 39477 121341 101117 10112 10112 304660 221403 66865 16392 31700 24000 5728 1972 30905 23398 5584 1923 4835 4835 0 0 90690 0 90690 0 416795 254129 75908 86758 7571 4400 151 3020 12748 11487 1261 0 33904 10905 11283 11716 337254 337254 0 0 56966 55834 1084 48 22048 20819 1208 21 28150 28150 0 0 22484 22484 0 0 7618 310 7308 0 Food - Participants 29800 28964 836 0 Program expenses & supplies 27084 27084 0 0 Processing and other fees 15391 6646 8538 207 Books, Subscriptions, Reference 9174 9174 0 0 7113 4960 1053 1100 1657708 1236830 287609 133269 352430 504761 0 416000 3419 10342 787606 22484 53856 765122 1879189 1716687 2288894 3412912 21924 177125 0 35000 0 1231000 1900002 1773365 1921926 3216490 X 366968 196422 366968 196422 2288894 3412912 -170546 X X false true X true false X 0 0 791596 1654930 2446526 0 0 0 791596 1654930 2446526 0 2446526 0 0 815 815 0 0 2447341 10018 X 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 745447 20273 725174 19832 558 19274 22327 1653 20674 765122 Operating right-of-use asset 1666767 Security deposit 49920 1716687 Operating lease liability 1773365 1773365 1511412 24250 24250 1487162 1487162 1681958 24250 24250 1657708 1657708 Gala 172609 141859 30750 7340 39684 15112 102928 172609 141859 30750 7340 39684 15112 102928 165064 -134314 true Small business recovery & development grants 5 39477 Pt I Line 2 The Organization monitors the use of grant funds through required reporting from grantees, follow-up communications, and periodic check-ins. Staff maintain regular contact with recipient businesses to ensure funds are used for their intended purposes and to provide ongoing technical support. Jennifer Tam Director Working Capital X 35000 35000 false true true 35000 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 consultant s 74919. 0. 0. 74919. Form 990, Part IX, Line 11g Project manager 107000. 107000. 0. 0. Form 990, Part IX, Line 11g Production consultants 19313. 15063. 4250. 0. Form 990, Part IX, Line 11g Payroll administration fees 3265. 0. 3265. 0. Form 990, Part IX, Line 11g Other Program consultants 64226. 63991. 235. 0. Form 990, Part IX, Line 11g Other consultants 148072. 68075. 68158. 11839.