Nonprofit · EIN 84-2227725
CHINESE AMERICAN CHAMBER OF COMMERCE - MN
Tax-exempt · MINNEAPOLIS, MN 55425
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $917,057 | $961,895 | -$44,838 | $768,765 | $0 | $768,765 |
| December 31, 2023 | 990 | $2,335,834 | $2,319,004 | $16,830 | $197,416 | $0 | $197,416 |
| December 31, 2022 | 990 | $1,435,663 | $1,408,913 | $26,750 | $264,162 | $69,600 | $194,562 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $914,965
- of which government grants
- $870,365
- Program service revenue
- $0
- Investment income
- $2,092
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $137,576
- Salaries, compensation and benefits (total)
- $148,100
- Professional fundraising fees
- $0
- Legal fees
- $8,730
- Occupancy
- $1,826
- Program services (functional)
- $932,195
- Management and general (functional)
- $29,700
Balance sheet and other
- Total assets, start of year
- $197,416
- Total assets, end of year
- $768,765
- Total liabilities, end of year
- $0
- Net assets, end of year
- $768,765
- Net assets without donor restrictions
- $768,765
- Gross receipts
- $917,057
- Employees
- 11
- Year formed
- 2019
- State of legal domicile
- MN
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 |
|---|---|---|---|
| XIAOSHAN ZHANG | BOARD TREASU Trustee or director, Officer | 16 | $22,400 |
| STEVEN J ZENG | EXECUTIVE DI Trustee or director, Officer | 16 | $12,000 |
| FENG CAO | BOARD CHAIR Trustee or director, Officer | 4 | $6,000 |
| LIN ZHIXIAN | BOARD ADVISO Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANGE HWANG | BOARD ADVISO Trustee or director, Officer | 40 | $92,062 |
| JIN D CHEN | BOARD CHAIR Trustee or director, Officer | 40 | $62,205 |
| XING ZHAO | BOARD TREASU Trustee or director, Officer | – | $0 |
| ZHONG QUIN ZHENG | BOARD SECRET Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIN D CHEN | BOARD CHAIR Trustee or director, Officer | 40 | $73,787 |
| ANGE HWANG | BOARD ADVISO Trustee or director, Officer | 40 | $70,800 |
| XING ZHAO | BOARD TREASU Trustee or director, Officer | – | $0 |
| ZHONG QUIN ZHENG | BOARD SECRET Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 7901 12TH AVE S, MINNEAPOLIS, MN 55425-1017
- In care of
- % CHINESE AMERICAN CHAMBER OF
- Mailing address (990-N for 2020)
- 7901 12TH AVE S, MINNEAPOLIS MN 55425
- Principal officer (990 for 2024)
- STEVEN J ZENG, 7901 12TH AVE S, MINNEAPOLIS, MN 55425
- Principal officer (990-N for 2020)
- JIN D CHEN, 7901 12TH AVE S, BLOOMINGTON MN 55425
- Signed the 990
- STEVEN J ZENG, EXECUTIVE DIRECTOR
- Phone
- (952) 452-0792
- Website
- HTTP://MNCBC.ORG
- Return prepared by
- COMMUNITY CPA & ASSOCIATES INC
Mission
EXEMPT STATEMENT OF ACHIEVEMENT AND PURPOSE: THE CHINESE AMERICAN CHAMBER OF COMMERCE, MN IS A NON-PROFIT ORGANIZATION ESTABLISHED BY THE US GOVENMENT AND AIMED AT CHINESE PEOPLE IN MINNESOTA AND BEYOND. THE MISSION OF THE CHAMBER OF COMMERCE IS TO PROVIDE SERVICES TO CHINESE BUSINESSMEN IN THE UNITED STATES, SAFEGUARD THE LEGITMATE RIGHTS AND INTERESTS OF CHINESE BUSINESSMEN, ESTABLISH A BUSINESS PLATFORM, AND PLAY A ROLE AS A BRIDGE AND LINK TO PROMOTE THE DEVELOPMENT OF US-CHINA TRADE RELATIONS AND EXCHANGES BETWEEN ENTERPRISES.
Program accomplishments
- ASSIST IN COVID VACCINATION FOR THE COMMUNITYExpenses $721,332
- BRINGING RESOURCES AND INFORMATION TO DIS-CONNECTED GROUPS FOR ENGAGEMENT/EDUCATION/EVOLUTION. STEB-BY-STEP GUIDANCE FOR SBA LOAN/GRANT APPLICATIONS. BUSINESS DEVELOPMENT (ACCESS TO CAPITAL, CONTRACTING, AND PROCUREMENT ASSITANCE). MARKETING COACH (MULTIMEDIA/WEB DEVELOPMENT, SOCIAL MEDIA). OPERATION CONSULTATIONS (QUICKBOOK 101, AND PAYROLL DEVELOPMENT) IN BOTH ENGLISH AND HERITAGE LANGUAGES THROUGHOUT MN.Expenses $210,863
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
- 84-2227725
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $768,765
- Income (IRS master file)
- $917,057
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $917,057 | $961,895 | $768,765 | XML |
| 990 | December 2023 | $2,335,834 | $2,319,004 | $197,416 | XML |
| 990 | December 2022 | $1,435,663 | $1,408,913 | $264,162 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: JIN D CHEN | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 84-2227725).
Questions about CHINESE AMERICAN CHAMBER OF COMMERCE - MN
- What is the EIN of CHINESE AMERICAN CHAMBER OF COMMERCE - MN?
- The employer identification number (EIN) of CHINESE AMERICAN CHAMBER OF COMMERCE - MN is 84-2227725.
- Is CHINESE AMERICAN CHAMBER OF COMMERCE - MN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to CHINESE AMERICAN CHAMBER OF COMMERCE - MN tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHINESE AMERICAN CHAMBER OF COMMERCE - MN 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 AMERICAN CHAMBER OF COMMERCE - MN 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 AMERICAN CHAMBER OF COMMERCE - MN 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 AMERICAN CHAMBER OF COMMERCE - MN?
- The 990 for the year ended December 31, 2024 names STEVEN J ZENG.
- Who are the officers and directors of CHINESE AMERICAN CHAMBER OF COMMERCE - MN?
- The 990 for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $22,400 (XIAOSHAN ZHANG, BOARD TREASU).
- How much revenue does CHINESE AMERICAN CHAMBER OF COMMERCE - MN have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $917,057, expenses of $961,895 and total assets of $768,765 at year end.
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