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Nonprofit · EIN 04-1175471

CHINESE MERCHANTS ASSOCIATION

Tax-exempt · BOSTON, MA 02111

Financials

$315K$148K2023$418K$561K2024
Revenue Expenses · by fiscal year end
Financials of CHINESE MERCHANTS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$418,084$561,020-$142,936$2,052,322$171,062$1,881,260
December 31, 2023990$314,990$147,675$167,315$2,458,730$434,533$2,024,197
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$11,231
Membership dues
$9,176
Program service revenue
$0
Investment income
$11,699
Net rental income
$395,154
Other revenue
$395,154

Expenses

Grants and similar amounts paid
$391,813
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$5,550
Depreciation
$43,468
Program services (functional)
$481,347
Management and general (functional)
$79,673

Balance sheet and other

Total assets, start of year
$2,458,730
Total assets, end of year
$2,052,322
Total liabilities, end of year
$171,062
Net assets, end of year
$1,881,260
Land, buildings and equipment
$1,160,841
Gross receipts
$546,946
Employees
0
Year formed
1903
State of legal domicile
MA

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.

NameTitleHours / weekCompensation
JAMES CHANPRESIDENT
Trustee or director, Officer
2$0
ZHAN T WONGVICE-PRESIDENT
Trustee or director, Officer
1.5$0
HUNG GOONCLERK
Trustee or director, Officer
1.5$0
PAULA CHANTREASURER
Trustee or director, Officer
1.5$0
HERMAN TANGDIRECTOR
Trustee or director
1$0
MELVIN LEEDIRECTOR
Trustee or director
1$0
FAI MAN ENGDIRECTOR
Trustee or director
1$0
RAYMOND ENGDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JAMES CHANPRESIDENT
Trustee or director, Officer
2$0
RAYMOND ENGVICE-PRESIDENT
Trustee or director, Officer
1.5$0
HUNG GOONCLERK
Trustee or director, Officer
1.5$0
PAULA CHANTREASURER
Trustee or director, Officer
1.5$0
HERMAN TANGDIRECTOR
Trustee or director
1$0
MELVIN LEEDIRECTOR
Trustee or director
1$0
FAI MAN ENGDIRECTOR
Trustee or director
1$0
BING SZETODIRECTOR
Trustee or director
1$0
FRANK WONGDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
20 HUDSON ST, BOSTON, MA 02111-1902
Principal officer (990 for 2024)
PAULA CHAN, 20 HUDSON STREET, BOSTON, MA 02111
Signed the 990
PAULA CHAN, TREASURER
Phone
(617) 482-3972
Return prepared by
C&Z Associates

Mission

ENCOURAGING CULTURAL PROGRAMS

990 for the year ended December 31, 2024

Program accomplishments

  • Donations to groups promoting Chinese culture.
    grants $4,988
  • Payments to affiliates to support similar purposes.
    grants $386,825
  • Chinese celebrations - promoting Chinese culture and hosting community events
    Expenses $89,534

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-1175471
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1943
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,052,322
Income (IRS master file)
$546,946

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$418,084$561,020$2,052,322XML
990December 2023$314,990$147,675$2,458,730XML
990December 2022-$1,739$111,255$2,348,036IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 04-1175471).

Questions about CHINESE MERCHANTS ASSOCIATION

What is the EIN of CHINESE MERCHANTS ASSOCIATION?
The employer identification number (EIN) of CHINESE MERCHANTS ASSOCIATION is 04-1175471.
Is CHINESE MERCHANTS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1943.
Are donations to CHINESE MERCHANTS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHINESE MERCHANTS ASSOCIATION 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 MERCHANTS ASSOCIATION 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 MERCHANTS ASSOCIATION 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 MERCHANTS ASSOCIATION?
The 990 for the year ended December 31, 2024 names PAULA CHAN.
Who are the officers and directors of CHINESE MERCHANTS ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does CHINESE MERCHANTS ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $418,084, expenses of $561,020 and total assets of $2,052,322 at year end.

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