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New York BBB Wise Giving Report for
Chinese-American Planning Council

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
06/2016
Name:
Chinese-American Planning Council
Address:
150 Elizabeth Street
New York, NY 10012
Phone:
212-941-0920
Web Site:
Year, State Incorporated:
1965, New York
Affiliates:
The Chinatown Planning Council Housing Development Fund Company, Inc., Nan Shan Local Development Corp. , CPC Tribeca Center, Inc., 16 Dutch Housing Development Fund Corp., Chinese-American Planning Council Home Attendant Program, Inc., Chinese-American Local Development Corporation, Asian American Housing Management Company, Inc.
Stated Purpose:
" Improves the quality of life of Chinese Americans in New York City by providing access to services, skills and resources toward the goal of economic self-sufficiency and integration into the American mainstream. "






Evaluation Conclusions
 

              
Chinese-American Planning Council meets the 20 Standards for Charity Accountability.




Programs
 

              
Administers community services, child care, youth services, workforce development, senior services, home attendant services, housing, and cultural services.



Governance
 

              
Chief Executive Officer:
Mr. David S. Chen, Executive Director/ CEO
Compensation*:
$175,811
Chair of the Board:
Mr. Wayne Wong
Chair's Profession / Business Affiliation:
NYS Insurance Fund, Special Investment Officer
Board Size:
20
Paid Staff Size:
580



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Invitations to fund raising events, grant proposals
Fund raising costs were 11% of related contributions. (Related contributions, which totaled $2,093,296, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Chinese-American Planning Council's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Government grants and contracts

$14,609,729

Service fees

1,662,962

Fundraising and events

1,099,252

Contributions and private grants

994,044

Other income and public support

358,928

Investment income

25,876

Total Income

$18,750,791

Program Expenses  

Child care

$5,999,762

Community services

4,199,349

Youth services

2,960,400

Senior citizens' services

2,787,527

Workforce

436,067

Literacy

96,283
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

16,479,388
230,610
2,296,655

$19,006,653

$(255,862)




Uses of Funds as a % of Total Expenses


Programs: 87%  Fund Raising: 1%  Administrative 12% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $5,299,359
Ending net assets 5,278,330
Total liabilities 5,792,540

Total assets

$11,070,870






 

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