philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Ccdc Legacy Foundation FY2022 filing

Tax-deductible

San Francisco, CA501(c)(3)HousingEIN 47-4785589Revenue $165K in FY2022

On file with the IRSchinatowncdc.org615 Grant Avenue, 94108-2433 · San Francisco, CATax-exempt since Aug 2016Supporting org, Type I — 509(a)(3)

This page gets seen. Tell your story. Claim this org.

To support, benefit, and carry out the purposes of chinatown community development center, INC.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $316K a year · 88% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$9K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$165K
-60% vs prior year
Spent
$43K
To programs
94%
Net assets
$7.9M
By yearFY2020–FY2024
Revenue
$165K
FY2022▼ -60%
Tap a bar for its year
Revenue by fiscal year
FY2020$46K
FY2021$413K
FY2022$165K
FY2023$422K
FY2024$751K
Expenses
$43K
FY2022▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$41K
FY2021$44K
FY2022$43K
FY2023$41K
FY2024$49K
Net assets
$7.9M
FY2022▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.2M
FY2021$9.0M
FY2022$7.9M
FY2023$8.7M
FY2024$9.7M

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $40K Management & general 6% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Gordon Chin
Secretary
$0Pt VII · Sec A
Malcolm Yeung
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Howard Chung
Director
$0Pt VII · Sec A
Andrew Huang
Director
$0Pt VII · Sec A
Cindy Louie
Director
$0Pt VII · Sec A
See Ccdc Legacy Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports and benefits Chinatown community development initiatives.

Questions for Ccdc Legacy Foundation

Tap to ask. Ccdc Legacy Foundation sees how many people are interested.

Your first name shows with your question. Ccdc Legacy Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $40K · in their own filed words · FY2022
01

To support, benefit, and carry out the purposes of chinatown community development center, inc.

$40Kprogram expense

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$165K
Ln 12
Investment incomeLn 3$165K
Money outPt IX
$43K
Ln 25
Programscol B$40K
Managementcol C$3K
Owns and owesPt X
$7.9M
net assets · Ln 32
Total assetsLn 16$7.9M
LiabilitiesLn 26$9K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$165K
Gains on assetsLn 7−$61K
Total revenueLn 12$165K
Assets in detailPt X, end of year
InvestmentsLn 11–13$7.6M
Other assetsLn 15$241K
Total assetsLn 16$7.9M
LiabilitiesLn 26$9K
Net assetsLn 32$7.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
InvestmentsLn 11–13$8.9M$7.6M
Total assetsLn 16$9.0M$7.9M
LiabilitiesLn 26$6K$9K
Net assetsLn 32$9.0M$7.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$3K$3K
Other expenses (24a–d)Ln 24$40K$40K
Total functional expensesLn 25$43K$40K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $751K$49K$702K$9.7M 990 PDF
FY2023 $422K$41K$381K$8.7M 990 PDF
FY2022 Viewing $165K$43K$122K$7.9M 990 PDF
FY2021 $413K$44K$369K$9.0M 990 PDF
FY2020 $46K$41K$5K$8.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $164,636 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $413,103$164,636
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $413,103$164,636
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $43,738$42,822
I-18 Total expensesPrior year $43,738$42,822
I-19 Revenue less expensesPrior year $369,365$121,814
Part VI · Governance 5 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $164,636 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $225,402$225,402
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$60,766−$60,766
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $164,636$164,636
Part IX · Statement of functional expenses $42,822 across 2 lines filed
IX-11c Accounting feesManagement $2,515$2,515
IX-24 Other expenses (24a–d)Programs $40,307$40,307
IX-25 Total functional expensesPrograms $40,307 · Management $2,515 · Fundraising $0$42,822
Part X · Balance sheet $7,865,180 assets, 8 lines filed
X-11 Publicly traded securitiesStart of year $8,865,412$7,624,486
X-15 Other assetsStart of year $172,147$240,694
X-16 Total assetsStart of year $9,037,559$7,865,180
X-25 Other liabilitiesStart of year $6,259$8,874
X-26 Total liabilitiesStart of year $6,259$8,874
X-27 Net assets without donor restrictionsStart of year $9,031,300$7,856,306
X-32 Total net assets or fund balancesStart of year $9,031,300$7,856,306
X-33 Total liabilities and net assetsStart of year $9,037,559$7,865,180
Part XI · Reconciliation of net assets $7,856,306 net assets at year end
XI-1 Total revenue$164,636
XI-2 Total expenses$42,822
XI-3 Revenue less expenses$121,814
XI-4 Net assets at start of year$9,031,300
XI-5 Net unrealized gains (losses) on investments−$1,296,808
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,856,306

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.