Chinatown Manpower Project Inc
- Assets
- $4.4m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 70
- Location
- New York, NY
- Founding
- 01/1976
- Data as of
- 06/2022
- EIN
- 13-2755214
Organization Overview
Chinatown Manpower Project Inc is located in New York, NY. The organization was established in 1976. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2022, Chinatown Manpower Project Inc employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinatown Manpower Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Chinatown Manpower Project Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. While expenses have increased by 5.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CMP'S MISSION, THEN AND NOW, IS TO PROVIDE VOCATIONAL TRAINING, EMPLOYMENT SERVICES, AND EDUCATIONAL PROGRAMS TO PEOPLE FROM DIVERSE BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAIN AND EARN WORKED WITH DISCONNECTED YOUTH TO PROVIDE WORK READINESS, JOB/COLLEGE PLACEMENT. THE PROGRAM ALLOWED YOUTH TO REMAIN CONNECTED TO THE GREATER COMMUNITY THROUGHOUT THE PANDEMIC.
NEIGHBORHOOD DEVELOPMENT AREA, CHINESE SCHOOL, BUSINESS OUTREACH CENTER, ONA, AND SUMMER YOUTH EMPLOYMENT.
CAREER & COMMUNITY DEVELOPMENT: WORKING WITH 1,527 INDIVIDUALS, THE PROGRAM PROVIDED DIGITAL LITERACY TRAINING, SKILL BUILDING WORKSHOPS WITH CORPORATE VOLUNTEERS, VIRTUAL JOB FAIRS, NUMEROUS WEBINARS, AND CONNECTING INDIVIDUALS TO RESOURCES.
ADULT LITERACY: PROVIDED 296 INDIVIDUALS WITH OBTAINING ENGLISH LANGUAGE SKILLS TO HELP THEM AND THEIR FAMILIES NAVIGATE THEIR COMMUNITY AND ACCESS RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William G Leung Chairman | OfficerTrustee | 3 | $0 |
Jeffrey D Leong Vice Chairman | OfficerTrustee | 3 | $0 |
Tony C Wong Treasurer | OfficerTrustee | 3 | $0 |
Alison Yu Secretary | OfficerTrustee | 3 | $0 |
Deborah Chan Director | Trustee | 3 | $0 |
David Ho Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $168,334 |
| Related organizations | $0 |
| Government grants | $2,148,622 |
| All other contributions, gifts, grants, and similar amounts not included above | $563,724 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,880,680 |
| Total Program Service Revenue | $352,712 |
| Investment income | $38,245 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$208,808 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,065,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,959,149 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $88,301 |
| Payroll taxes | $118,658 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,741 |
| Fees for services: Other | $79,094 |
| Advertising and promotion | $77,419 |
| Office expenses | $132,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $90,626 |
| Travel | $13,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,110 |
| Insurance | $33,013 |
| All other expenses | $85,918 |
| Total functional expenses | $2,777,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $758,618 |
| Savings and temporary cash investments | $619,572 |
| Pledges and grants receivable | $1,411,306 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $109,764 |
| Net Land, buildings, and equipment | $257,334 |
| Investments—publicly traded securities | $1,215,831 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,372,425 |
| Accounts payable and accrued expenses | $441,267 |
| Grants payable | $0 |
| Deferred revenue | $123,763 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $565,030 |
| Net assets without donor restrictions | $3,276,822 |
| Net assets with donor restrictions | $530,573 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,372,425 |