Civic Intelligence

Chinese Economic Development Council Inc.

990 • Fiscal year 2021 • EIN 04-2565019

Jan 01, 2021 to Dec 31, 2021 • Filed on May 02, 2022

Organization ProfileCEDC-BOSTON.ORG
65 Harrison Ave 7th FloorBoston, MA 02111

(617) 482-1011

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

42nd percentile

0.04x

Higher debt load relative to assets than 42% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.81x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

41st percentile

5.1%

Faster asset growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

49%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Up

$4,632,952

Up $226,552 (+5.1%) from 2020

Net Assets

Up

$4,461,096

Up $226,552 (+5.4%) from 2020

Liabilities

Flat

$171,856

Flat from 2020

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin98th percentile

Revenue

Up

$211,297

Up $69,249 (+49%) from 2020

Expenses

Up

$15,470

Up $15,274 (+7793%) from 2020

Net Income

Up

$195,827

Up $53,975 (+38%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,009,122Liabilities 2010: $405,092Net Assets 2010: $1,604,0302010Assets 2011: $2,120,187Liabilities 2011: $496,092Net Assets 2011: $1,624,0952011Assets 2012: $2,509,427Liabilities 2012: $856,373Net Assets 2012: $1,653,0542012Assets 2013: $2,551,783Liabilities 2013: $856,371Net Assets 2013: $1,695,4122013Assets 2014: $2,589,728Liabilities 2014: $886,373Net Assets 2014: $1,703,3552014Assets 2015: $2,611,592Liabilities 2015: $886,873Net Assets 2015: $1,724,7192015Assets 2016: $2,600,187Liabilities 2016: $886,873Net Assets 2016: $1,713,3142016Assets 2017: $4,166,195Liabilities 2017: $886,875Net Assets 2017: $3,279,3202017Assets 2018: $4,375,501Liabilities 2018: $886,875Net Assets 2018: $3,488,6262018Assets 2019: $3,989,507Liabilities 2019: $145,720Net Assets 2019: $3,843,7872019Assets 2020: $4,406,400Liabilities 2020: $171,856Net Assets 2020: $4,234,5442020Assets 2021: $4,632,952Liabilities 2021: $171,856Net Assets 2021: $4,461,0962021Assets 2022: $4,891,190Liabilities 2022: $145,720Net Assets 2022: $4,745,4702022Assets 2023: $5,293,627Liabilities 2023: $160,721Net Assets 2023: $5,132,9062023Assets 2024: $6,173,437Liabilities 2024: $491,198Net Assets 2024: $5,682,2392024

Highlighted filing

2021

Assets$4,632,952
Liabilities$171,856
Net Assets$4,461,096
Open 2021 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $11,5052010Revenue 2011: $28,914Expenses 2011: $8,849Net Income 2011: $20,0652011Expenses 2012: $4,1702012Revenue 2013: $47,409Expenses 2013: $5,051Net Income 2013: $42,3582013Revenue 2014: $17,584Expenses 2014: $9,641Net Income 2014: $7,9432014Revenue 2015: $26,765Expenses 2015: $5,401Net Income 2015: $21,3642015Revenue 2016: $28,371Expenses 2016: $39,775Net Income 2016: -$11,4042016Revenue 2017: $34,820Expenses 2017: $72,989Net Income 2017: -$38,1692017Revenue 2018: $282,124Expenses 2018: $72,818Net Income 2018: $209,3062018Revenue 2019: $355,897Expenses 2019: $736Net Income 2019: $355,1612019Revenue 2020: $142,048Expenses 2020: $196Net Income 2020: $141,8522020Revenue 2021: $211,297Expenses 2021: $15,470Net Income 2021: $195,8272021Revenue 2022: $354,559Expenses 2022: $8,800Net Income 2022: $345,7592022Revenue 2023: $429,558Expenses 2023: $4,034Net Income 2023: $425,5242023Revenue 2024: $945,992Expenses 2024: $11,901Net Income 2024: $934,0912024

Highlighted filing

2021

Revenue$211,297
Expenses$15,470
Net Income$195,827
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 2, 2022
Return Version
2021v4.0
Gross Receipts
$211,297
Mission and Program Overview

Mission

To promote, assist, and coordinate the economic physical and social development of chinese communities, primarily in boston, mass.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,308,326$2,258,326▼ $50,000
Savings and Temporary Cash Investments$2,015,269$2,244,230▲ $228,961
Cash and Non-Interest-Bearing Accounts$82,805$80,396▼ $2,409
Accounts Receivable-$50,000-
Total Assets$4,406,400$4,632,952▲ $226,552
Liabilities
Other Liabilities$145,843$145,843→ $0
Unsecured Notes Loans Payable$26,013$26,013→ $0
Total Liabilities$171,856$171,856→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,234,544$4,461,096▲ $226,552
Total Net Assets Fund Balance$4,234,544$4,461,096▲ $226,552
Total Liabilities and Net Assets / Fund Balance$4,406,400$4,632,952▲ $226,552

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$5,425$5,425
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Edward ChiangChairman
Allen ChinVice Chairma
Amy GuenDirector
Angela YangDirector
Chutze ChouDirector
Felix LuiDirector
Frank ChenDirector
Frank WongDirector
Paul ChanDirector
Wey HsiaoDirector
Robert WangClerk
Al ChaoExecutive
Margaret ChenExecutive
Rosemary LamExecutive
Wanchin ChouExecutive
Marianna S RiemerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,000
Program Service Revenue
$192,994
Investment Income
$9,303
Other Revenue
$0
Change in Net Assets
$195,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$6,378--$6,378
Other Expenses$70--$70
Total Functional Expenses$15,470$0$0$15,470
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate - Realty$119,707
Due to Affiliate - Realty$26,136
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Board members nominate, vote and elect new board members.”

Form 990, Page 6, Part VI, Line 11B

“Executive board reviews the return before filing form 990”

Form 990, Page 6, Part VI, Line 19

“Documents are available at the corporate offices during regular business hours.”

Filing and Contact Details

Filer

Filer Name
Chinese Economic Development
EIN
04-2565019
Phone
6174821011
Address
65 HARRISON AVE 7TH FLOOR, BOSTON, MA 02111

Signing Officer

Name
Edward Chiang
Title
Chairman
Phone
6174821011
Signed
2022-05-02

Organization Details

Principal Officer
Edward Chiang
Formed
1974
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
W a Leonard & Co Pc
Address
1500 BOSTON PROVIDENCE TPKE STE 36, NORWOOD, MA 02062-4631
Preparer
Penelope Murray CPA
Phone
7817622027
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Oxford place limited partnership k-1 30,725”

Raw XML Appendix391 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt050000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE, ASSIST, AND COORDINATE THE ECONOMIC PHYSICAL AND SOCIAL DEVELOPMENT OF CHINESE COMMUNITIES, PRIMARILY IN BOSTON, MASS.
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHINESE ECONOMIC DEVELOPMENT
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0CEDC INC
IRS990/BooksInCareOfDetail/PhoneNum06174821011
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt065 HARRISON AVE
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt065 HARRISON AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002111
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt082805
IRS990/CashNonInterestBearingGrp/EOYAmt080396
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt09000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt09303
IRS990/CYOtherExpensesAmt015470
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0192994
IRS990/CYRevenuesLessExpensesAmt0195827
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt015470
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0211297
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO ENHANCE AND IMPROVE THE WELL BEING OF THE ASIAN COMMUNITY IN THE AREAS OF LOW-INCOME HOUSING, EDUCATION, JOB TRAINING AND BUSINESS DEVELOPMENT IN BOSTON AREA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt015470
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0EDWARD CHIANG
IRS990/Form990PartVIISectionAGrp/PersonNm1ALLEN CHIN
IRS990/Form990PartVIISectionAGrp/PersonNm2MARIANNA S RIEMER
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT WANG
IRS990/Form990PartVIISectionAGrp/PersonNm4ROSEMARY LAM
IRS990/Form990PartVIISectionAGrp/PersonNm5MARGARET CHEN
IRS990/Form990PartVIISectionAGrp/PersonNm6WANCHIN CHOU
IRS990/Form990PartVIISectionAGrp/PersonNm7AL CHAO
IRS990/Form990PartVIISectionAGrp/PersonNm8FELIX LUI
IRS990/Form990PartVIISectionAGrp/PersonNm9FRANK CHEN
IRS990/Form990PartVIISectionAGrp/PersonNm10PAUL CHAN
IRS990/Form990PartVIISectionAGrp/PersonNm11ANGELA YANG
IRS990/Form990PartVIISectionAGrp/PersonNm12AMY GUEN
IRS990/Form990PartVIISectionAGrp/PersonNm13CHUTZE CHOU
IRS990/Form990PartVIISectionAGrp/PersonNm14WEY HSIAO
IRS990/Form990PartVIISectionAGrp/PersonNm15FRANK WONG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt09000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0211297
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt016
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt06378
IRS990/InsuranceGrp/TotalAmt06378
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt09303
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09303
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05425
IRS990/LandBldgEquipCostOrOtherBssAmt05425
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE, ASSIST, AND COORDINATE THE ECONOMIC PHYSICAL AND SOCIAL DEVELOPMENT OF CHINESE COMMUNITIES, PRIMARILY IN BOSTON, MASS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04234544
IRS990/NetAssetsOrFundBalancesEOYAmt04461096
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04234544
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04461096
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt030725
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc1BANK SERV FEES
IRS990/OtherExpensesGrp/Desc2MASS ATTORNEY GENERAL
IRS990/OtherExpensesGrp/ProgramServicesAmt07961
IRS990/OtherExpensesGrp/ProgramServicesAmt11061
IRS990/OtherExpensesGrp/ProgramServicesAmt270
IRS990/OtherExpensesGrp/TotalAmt07961
IRS990/OtherExpensesGrp/TotalAmt11061
IRS990/OtherExpensesGrp/TotalAmt270
IRS990/OtherLiabilitiesGrp/BOYAmt0145843
IRS990/OtherLiabilitiesGrp/EOYAmt0145843
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02308326
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02258326
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0EDWARD CHIANG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/BusinessCd1531190
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEE -
IRS990/ProgramServiceRevenueGrp/Desc1OXFORD PLACE K-1
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0225000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-32006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0225000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-32006
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE LOW-INCOME HOUSING AT OXFORD PLACE.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0-32006
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09093
IRS990/PYOtherExpensesAmt0196
IRS990/PYOtherRevenueAmt0132955
IRS990/PYRevenuesLessExpensesAmt0141852
IRS990/PYTotalExpensesAmt0196
IRS990/PYTotalRevenueAmt0142048
IRS990/ReconcilationRevenueExpnssAmt0195827
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0225000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02015269
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02244230
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0375000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0300000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0250000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0934000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02041
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016308
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt055897
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt032124
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0115673
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0470221
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88980
IRS990ScheduleA/PublicSupportPY170Pct00.67600
IRS990ScheduleA/PublicSupportTotal170Amt0934000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0375000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0300000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0250000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0934000
IRS990ScheduleA/TotalSupportAmt01049673
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05425
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05425
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0119707
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126136
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE - REALTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE - REALTY
IRS990ScheduleD/TotalLiabilityAmt0145843
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS NOMINATE, VOTE AND ELECT NEW BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE BOARD REVIEWS THE RETURN BEFORE FILING FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE AT THE CORPORATE OFFICES DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OXFORD PLACE LIMITED PARTNERSHIP K-1 30,725
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04406400
IRS990/TotalAssetsEOYAmt04632952
IRS990/TotalAssetsGrp/BOYAmt04406400
IRS990/TotalAssetsGrp/EOYAmt04632952
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt015470
IRS990/TotalFunctionalExpensesGrp/TotalAmt015470
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0171856
IRS990/TotalLiabilitiesEOYAmt0171856
IRS990/TotalLiabilitiesGrp/BOYAmt0171856
IRS990/TotalLiabilitiesGrp/EOYAmt0171856
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04234544
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04461096
IRS990/TotalProgramServiceExpensesAmt015470
IRS990/TotalProgramServiceRevenueAmt0192994
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0202297
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211297
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04406400
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04632952
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt026013
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt026013
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08 ALICE DR
IRS990/USAddress/CityNm0WAYLAND
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001778
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0CEDC-BOSTON.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD CHIANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06174821011
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHINESE ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0CHIN
ReturnHeader/Filer/EIN0042565019
ReturnHeader/Filer/PhoneNum06174821011
ReturnHeader/Filer/USAddress/AddressLine1Txt065 HARRISON AVE 7TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002111
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043220874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0W A LEONARD & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01500 BOSTON PROVIDENCE TPKE STE 36
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0020624631
ReturnHeader/PreparerPersonGrp/PhoneNum07817622027
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PENELOPE MURRAY CPA
ReturnHeader/ReturnTs02022-05-13T07:47:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EDWARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHIANG
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,632,952
Liabilities
$171,856
Net assets
$4,461,096
Revenue
$211,297
Expenses
$15,470
Net income
$195,827
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$0.49$5.68$0.95$0.01$0.93
2023Detailed filing. Detailed filing data is available for this year.$5.29$0.16$5.13$0.43$0.00$0.43
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.89$0.15$4.75$0.35$0.01$0.35
2021Detailed filing. Detailed filing data is available for this year.$4.63$0.17$4.46$0.21$0.02$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$0.17$4.23$0.14$0.00$0.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$0.15$3.84$0.36$0.00$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.38$0.89$3.49$0.28$0.07$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$0.89$3.28$0.03$0.07$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.89$1.71$0.03$0.04$0.01
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.61$0.89$1.72$0.03$0.01$0.02
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.59$0.89$1.70$0.02$0.01$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.86$1.70$0.05$0.01$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$0.86$1.65$0.00
2011Summary only. Only limited summary data is available for this year.$2.12$0.50$1.62$0.03$0.01$0.02
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.41$1.60$0.01