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Nonprofit · EIN 95-1476343

LOS ANGELES CHINATOWN BUSINESS COUNCIL

Tax-exempt · LOS ANGELES, CA 90012

Financials

$2.5M$2.2M2023
Revenue Expenses · by fiscal year end
Financials of LOS ANGELES CHINATOWN BUSINESS COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$2,487,055$2,174,217$312,838$407,239$12,603$394,636
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,487,055
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$129,661
Salaries, compensation and benefits (total)
$129,661
Professional fundraising fees
$0
Accounting fees
$21,729
Occupancy
$14,900
Depreciation
$4,587
Program services (functional)
$2,058,817
Management and general (functional)
$115,400

Balance sheet and other

Total assets, start of year
$311,613
Total assets, end of year
$407,239
Total liabilities, end of year
$12,603
Net assets, end of year
$394,636
Land, buildings and equipment
$3,723
Net assets without donor restrictions
$394,636
Gross receipts
$2,487,055
Employees
1
Volunteers
65
Year formed
1999
State of legal domicile
CA

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
GEORGE YUEXECUTIVE DIRECTOR
Trustee or director, Officer
40$129,661
JENNIFER KIMDIRECTOR
Trustee or director
1$0
GARRETT QUONDIRECTOR
Trustee or director
1$0
JASON FUJIMOTODIRECTOR
Trustee or director
1$0
JUDY LIAODIRECTOR
Trustee or director
1$0
OCEOLA REFETOFFDIRECTOR
Trustee or director
1$0
ALEXIS READINGERDIRECTOR
Trustee or director
1$0
ANDREW BINDERDIRECTOR
Trustee or director
1$0
QUENTIN BEAUVAISDIRECTOR
Trustee or director
1$0
RON LOUIEDIRECTOR
Trustee or director
1$0
JIMMY UNGDIRECTOR
Trustee or director
1$0
VINCENT KORTHDIRECTOR
Trustee or director
1$0
HECTOR VERDUGODIRECTOR
Trustee or director
1$0
JENNI HARRISDIRECTOR
Trustee or director
1$0
IRENE LI WILLIAMSTREASURER
Trustee or director, Officer
1$0
3 more people on this return
NameTitleHours / weekCompensation
SCOTT LEEPRESIDENT
Trustee or director, Officer
1$0
MARTIN LEESECRETARY
Trustee or director, Officer
1$0
GEORGE YUVICE PRESIDENT
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
727 N BROADWAY STE 208, LOS ANGELES, CA 90012-2864
In care of
% GEORGE YU
Principal officer (990 for 2023)
GEORGE YU, 727 N BROADWAY STE 208, Los Angeles, CA 90012
Signed the 990
GEORGE YU, EXECUTIVE DIREC
Return prepared by
Jian W Ning CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 95-1476343 or by the name LOS ANGELES CHINATOWN BUSINESS COUNCIL.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO ADVOCATE, FACILITATE AND/OR DIRECTLY IMPROVE PUBLIC SAFETY, CONDUCT SIDEWALK, GRAFFITI AND STREETSCAPE CLEANING PROGRAMS, IMAGE ENHANCEMENT AND PUBLE SPACE PROGRAMS TO CREATE A SAFER, CLEANER, WELL-MANAGED LOS ANGELES CHINATOWN.

990 for the year ended December 31, 2023

Program accomplishments

  • TO FUND DAILY SIDEWALK SWEEPING SERVICES AND CHINATOWN LOOKS CLEANER THAN IT EVER HAS PROGRAM. ALSO FUNDED A PRIVATE SECURITY PATROL THAT COLLABORATES WITH THE LAPD IN DISCOURAGING PANHANDLERS AND OTHER NUISANCES FROM THE AREA.
    Expenses $2,058,817

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
95-1476343
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$407,239
Income (IRS master file)
$2,487,055

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$2,487,055$2,174,217$407,239XML
990December 2022$2,232,478$2,318,396$311,613IRS
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 95-1476343).

Questions about LOS ANGELES CHINATOWN BUSINESS COUNCIL

What is the EIN of LOS ANGELES CHINATOWN BUSINESS COUNCIL?
The employer identification number (EIN) of LOS ANGELES CHINATOWN BUSINESS COUNCIL is 95-1476343.
Is LOS ANGELES CHINATOWN BUSINESS COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
Are donations to LOS ANGELES CHINATOWN BUSINESS COUNCIL tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOS ANGELES CHINATOWN BUSINESS COUNCIL 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 LOS ANGELES CHINATOWN BUSINESS COUNCIL 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 LOS ANGELES CHINATOWN BUSINESS COUNCIL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of LOS ANGELES CHINATOWN BUSINESS COUNCIL?
The 990 for the year ended December 31, 2023 names GEORGE YU.
Who are the officers and directors of LOS ANGELES CHINATOWN BUSINESS COUNCIL?
The 990 for the year ended December 31, 2023 lists 18 people; 1 received compensation from the organization, the highest $129,661 (GEORGE YU, EXECUTIVE DIRECTOR).
How much revenue does LOS ANGELES CHINATOWN BUSINESS COUNCIL have?
On its 990 for the year ended December 31, 2023 it reported revenue of $2,487,055, expenses of $2,174,217 and total assets of $407,239 at year end.

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