Nonprofit · EIN 74-1949079
CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC
Tax-exempt · MISSOURI CITY, TX 77459
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $97,964 | $75,956 | $22,008 | $1,446,669 | $0 | $1,446,669 |
| December 31, 2023 | 990 | $85,209 | $96,419 | -$11,210 | $1,309,759 | $0 | $1,309,759 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $41,533
- Program service revenue
- $0
- Investment income
- $56,431
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $60,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $645
- Program services (functional)
- $60,780
- Management and general (functional)
- $3,705
- Fundraising (functional)
- $11,471
Balance sheet and other
- Total assets, start of year
- $1,309,759
- Total assets, end of year
- $1,446,669
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,446,669
- Publicly traded securities
- $1,111,043
- Net assets without donor restrictions
- $1,446,669
- Gross receipts
- $97,964
- Employees
- 0
- Volunteers
- 40
- Year formed
- 1977
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILIP SUN | PRESIDENT Trustee or director | 1 | $0 |
| CHRISTINA MA | VICE PRESIDENT Trustee or director | 1 | $0 |
| ALICE LEE | SECRETARY Trustee or director | 1 | $0 |
| TERRY CHEN | TREASURER Trustee or director | 1 | $0 |
| ANNIE MAK | TRUSTEE Trustee or director | 1 | $0 |
| JAMES TANG | TRUSTEE Trustee or director | 1 | $0 |
| JESSICA LI | TRUSTEE Trustee or director | 1 | $0 |
| LILLIAN CHAN | TRUSTEE Trustee or director | 1 | $0 |
| PETER CHANG | TRUSTEE Trustee or director | 1 | $0 |
| PETER LEUNG | TRUSTEE Trustee or director | 1 | $0 |
| VICTORIA CHIN | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILIP SUN | PRESIDENT Trustee or director | 1 | $0 |
| CHRISTINA MA | VICE PRESIDENT Trustee or director | 1 | $0 |
| ALICE LEE | SECRETARY Trustee or director | 1 | $0 |
| TERRY CHEN | TREASURER Trustee or director | 1 | $0 |
| ANNIE MAK | TRUSTEE Trustee or director | 1 | $0 |
| JAMES TANG | TRUSTEE Trustee or director | 1 | $0 |
| JESSICA LI | TRUSTEE Trustee or director | 1 | $0 |
| LILLIAN CHAN | TRUSTEE Trustee or director | 1 | $0 |
| PETER CHANG | TRUSTEE Trustee or director | 1 | $0 |
| PETER LEUNG | TRUSTEE Trustee or director | 1 | $0 |
| VICTORIA CHIN | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2415 PENINSULAS DR, MISSOURI CITY, TX 77459-4353
- In care of
- % HARRY GEE
- Principal officer (990 for 2024)
- TERRY CHEN, 2415 PENINSULAS DR, Missouri City, TX 77459
- Signed the 990
- TERRY CHEN, TREASURER
- Phone
- (713) 725-6675
- Return prepared by
- LIAO KIN & COMPANY PC
Mission
THE FUND AWARDS SCHOLARSHIPS TO QUALIFIED AND NEEDY STUDENTS TO PERSUE HIGHER EDUCATION AND FOR PURPOSE OF RECOGNISING AND ENCOURAGING STUDENTS IN THE HOUSTON AREA.
Program accomplishments
- SCHOLARSHIPExpenses $60,500 · grants $60,500 · revenue $97,964
- MEMBERSHIPExpenses $280 · grants $280
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-1949079
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,446,669
- Income (IRS master file)
- $97,964
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $97,964 | $75,956 | $1,446,669 | XML |
| 990 | December 2023 | $85,209 | $96,419 | $1,309,759 | XML |
| 990 | December 2022 | $58,673 | $37,652 | $1,228,019 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-1949079).
Questions about CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC
- What is the EIN of CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC?
- The employer identification number (EIN) of CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC is 74-1949079.
- Is CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC?
- The 990 for the year ended December 31, 2024 names TERRY CHEN.
- Who are the officers and directors of CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does CHINESE PROFESSIONAL CLUB SCHOLARSHIP FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $97,964, expenses of $75,956 and total assets of $1,446,669 at year end.
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