Oakland Chinatown Chamber Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE OAKLAND CHINATOWN CHAMBER FOUNDATION (OCC FOUNDATION) WAS FORMED IN 2003 AS A 501c3 CHARITABLE ORGANIZATION TO ACCEPT DONATIONS TOWARDS PROJECTS THAT WILL BENEFIT THE WELFARE OF BUSINESS ENTITIES AND RESIDENTS IN THE OAKLAND CHINATOWN COMMUNITY THROUGH EDUCATIONAL AND CULTURAL ENRICHMENT ACTIVITIES, AS WELL AS ECONOMIC DEVELOPMENT ENDEAVORS. OCCF FACILITATES THE COLLECTION OF DONATIONS FROM BUSINESSES AND INVIDIDUALS TO BENEFIT THE COMMUNITY IN TIME OF EMERGENCIES AND CASUALTIES.
- Income
- $707,142
- Spending
- $700,674
- Spent on programs
- 100%
- Reserves
- 2.6 months of spending
- Largest source of income
- government grants, 56%
- Employees
- 0
- Volunteers
- 8
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 72 out of 100. Higher than 47% of charities in its peer group (community improvement, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
15 of 15Income rose 570% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 23% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $560,886 spent. OCCF received the following grants/contributions on behalf of the Oakland Chinatown Chamber of Commerce totaling $555,334:$362,000 Asian Health Servies (agent for CA Dept of Social Services for Stop the Hate)$133,334 East Bay Community Foundation (agent for Kaiser Permanente)$ 20,000 Neighborhood Voice (City of Oakland)$ 20,000 Pacific Gas & Electric$ 13,750 Port of Oakland$ 4,500 Asian Health Services$ 1,750 Wlad Wlassowsky for Spring Banquet All contributions were transferred over to the Oakland Chinatown Chamber of Commerce with the eception of $62,000 from the Stop the Hate project, which was transferred in early January 2025.
- $134,476 spent. OCCF established a GoFundMe for Oakland Police Officer Le, who was killed in the line of duty late December 2023. The campaign raised $134,476.06. A check for the same amount was delivered to Officer's wife, Sarah Fung in February, 2024.
- $3,575 spent. OCCF was the fiscal agent for a community group who hosted a Ping Pong Tournament in Oakland Chinatown during the StreetFest on August 24-25,2025. We collected $3,200, but spent $3,574.75 on this project.
- In addition to the GoFundMe campaign and the grants that were received andtransferred to Oakland Chinatown Chamber of Commerce, OCCF had the followingprogram expenses:Itemized List of Other Expenses$63,404.50 USMI to install 15 cameras and 3 LED lights in Oakland Chinatown under the Safety Project$ 1,500.00 Oakland Chinatown Chamber to sponsor their Lunar New Year Bazaar and Spring Banquet$ 500.00 Christopher Lavel Jone4s Foundation$ 147.00 Boba with the Cops $ 991.00 Directors Errors and Omissions Insurance Policy) $ 198.15 Directors Annual Planning Meeting) $ 150.00 Sandra Wong, CPA (E-filed Form 990) $ 327.75 Oakland Business License Tax & Registry of Charitable Trust RRF-filing$ 70.49 Printed Checks and Postage$67,288.89 TOTAL
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.