Nonprofit · EIN 52-1132541
WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC
Tax-exempt · WASHINGTON, DC 20001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $274,468 | $255,354 | $19,114 | $653,736 | $0 | $653,736 |
| December 31, 2023 | 990 | $404,660 | $353,613 | $51,047 | $615,580 | $0 | $615,580 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,500
- Program service revenue
- $0
- Investment income
- $46,398
- Net rental income
- $223,570
- Other revenue
- $223,570
Expenses
- Grants and similar amounts paid
- $255,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $255,300
- Management and general (functional)
- $54
Balance sheet and other
- Total assets, start of year
- $615,580
- Total assets, end of year
- $653,736
- Total liabilities, end of year
- $0
- Net assets, end of year
- $653,736
- Land, buildings and equipment
- $1
- Gross receipts
- $275,898
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1977
- State of legal domicile
- DC
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 |
|---|---|---|---|
| WAI MAN LEE | Treasurer Trustee or director, Officer | 2 | $0 |
| KAI F YEE | VICECHAIR Trustee or director, Officer | 1 | $0 |
| YOUNG WOO | Secretary Trustee or director, Officer | 1 | $0 |
| HO-I WU | Director Trustee or director | 1 | $0 |
| HONG YUEN WONG | Director Trustee or director | 1 | $0 |
| ART P LEE | Director Trustee or director | 1 | $0 |
| WALLACE LEE | Director Trustee or director | 1 | $0 |
| JEANNY HO | Director Trustee or director | 1 | $0 |
| SUI CHAN | Director Trustee or director | 1 | $0 |
| RITA LEE | Chairman Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAI MAN LEE | Treasurer Trustee or director, Officer | 2 | $0 |
| KAI F YEE | VICECHAIR Trustee or director, Officer | 1 | $0 |
| YOUNG WOO | Secretary Trustee or director, Officer | 1 | $0 |
| HO-I WU | Director Trustee or director | 1 | $0 |
| HONG YUEN WONG | Director Trustee or director | 1 | $0 |
| ART P LEE | Director Trustee or director | 1 | $0 |
| WALLACE LEE | Director Trustee or director | 1 | $0 |
| JEANNY HO | Director Trustee or director | 1 | $0 |
| SUI CHAN | Director Trustee or director | 1 | $0 |
| RITA LEE | Chairman Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 800 6TH ST NW APT 105, WASHINGTON, DC 20001-3757
- Signed the 990
- WAI MAN LEE, Treasurer
- Phone
- (202) 408-8049
- Return prepared by
- Chawla & Chawla PC
Mission
THE PURPOSES AND OBJECTIVES OF THE CORPORATION ARE TO PROTECT THE PROPERTY; TO OVERSEE THE OPERATION; AND TO PROMOTE THE WELFARE OF THE RESIDENTS
Program accomplishments
- PROVIDED NEWSPAPER SUBSCRIPTIONS AND TV SERVICES TO ALL RESIDENTS. COORDINATED BUS SERVICES TO TAKE RESIDENTS FOR FOOD SHOPPING EXCURSIONS. SPONSORED CHINESE OPERA AND VOLLEYBALL FOR RESIDENTS TO ENJOY CHINESE CULTURE AND SPORTING EVENTS.Expenses $255,000
- EDUCATED THE IMPORTANCE OF COMMUNITY VALUES OF RESPECTING THE RIGHTS, DIFFERENCES, AND DIGNITY OF OTHERS. HONESTY AND INTEGRITY IN DEALING WITH OTHER TENANTS. MUST REACH OUT TO THE COMMUNITY TO SHOW CARE, SUCH AS PAYING THE PROPERTY TAX FOR A SISTER ORGANIZATION, ALSO A 501 (3)(C) ASSOCIATION, SO THAT THE SISTER ORGANIZATION COULD CONTINUE WITH ITS CHARITY FUNCTION. SPONSORED A CONVENTION OF ANOTHER SISTER ORGANIZATION.Expenses $300
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
- 52-1132541
- 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
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $653,736
- Income (IRS master file)
- $275,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $274,468 | $255,354 | $653,736 | XML |
| 990 | December 2023 | $404,660 | $353,613 | $615,580 | XML |
| 990 | December 2022 | $460,627 | $474,677 | $536,523 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 52-1132541).
Questions about WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC
- What is the EIN of WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC?
- The employer identification number (EIN) of WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC is 52-1132541.
- Is WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WASHINGTON CHINATOWN DEVELOPMENT COMPANY 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 WASHINGTON CHINATOWN DEVELOPMENT COMPANY 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 WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does WASHINGTON CHINATOWN DEVELOPMENT COMPANY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $274,468, expenses of $255,354 and total assets of $653,736 at year end.
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