irs program accomplishments · form 990 part iii · fy2020
what they reported doing
Program narrative the organization filed with the IRS. Ordered by program spending.
- #1 primary $40KAnnual banquet - An event to bring together political and business leaders in increase awareness of the issues concerning small asian-owned businesses.
- #2 $17KAsian Sun publication - A quarterly publication featuring articles about asian-owned businesses and upcoming community events.
activities · 8 groups
what they do
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AAPI Leadership & Professional Development 4 activities
- Leadership development for AAPI communityInvests in leadership development programs aimed at cultivating the next generation of leaders within the Arizona AAPI community.
- Leadership development for AAPI community membersInvests in leadership development programs to cultivate the next generation of leaders within the Arizona AAPI community.
- Support economic growth and community connections for Arizona AAPI communityProvides resources, mentorship, advocacy, and opportunities to support economic growth and strengthen community connections among Arizona's AAPI population.
- Support economic growth and community connections for Arizona AAPI communityProvides resources, mentorship, advocacy, and opportunities to support economic growth and strengthen community connections among Arizona's AAPI population.
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Local Cultural & Business News Publishing 2 activities
- Operate online networking platform for Asian businesses and professionalsManages an online platform designed to foster connections, innovation, and collaboration among Asian businesses and professionals in Arizona.
- Publish quarterly magazine for AANHPI communityProduces and distributes a quarterly magazine that highlights stories, events, and achievements within the Asian American, Native Hawaiian, and Pacific Islander (AANHPI) community in Arizona.
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Local Business Advocacy & Economic Development 1 activity
- Advocate for members with government entitiesServes as a liaison between chamber members and state, county, and local governments to represent member interests and support policy engagement.
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Member Business Promotion Services 1 activity
- Deliver business consulting and technical assistanceProvides chamber members with business consulting and technical assistance to strengthen operations and growth.
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Member Networking & Communication Services 1 activity
- Facilitate business and cultural relationship buildingSupports and promotes business, cultural, and educational relationships between chamber members and the general public, serving as a resource center for networking and marketing.
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Cultural Heritage Festivals & Celebrations 1 activity
- Host night market events for small business promotionOrganizes signature night market events that have drawn 7,000 total attendees and featured over 150 vendors, generating $250,000 in revenue for small businesses.
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Member Ambassador Program Operations 1 activity
- Implement organizational development initiativesExecuted Phase 1 initiatives focused on brand development, community engagement, and establishing foundational partnerships to strengthen the chamber’s infrastructure.
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Event-Based Internships in Sports & Culture 1 activity
- Offer internships for professional developmentProvides internship opportunities in Community Outreach and Communications & Marketing, with potential roles in photography, videography, and website design to support workforce development.
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financials · form 990 · fy2020
revenue
Total revenue$213K
Contributions & grants$213K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$203K
Program expenses72%
Admin / overhead28%
Fundraising0%
Salaries & benefits$25K
Grants paid out$147K
Largest expense lineCompensation
balance sheet
Total assets$20K
Cash$20K
Investments$0
Liabilities$0
Net assets$20K
Liquid reserves1.2 mo
1 years on record · 2020–2020
leadership · form 990 part vii · fy2020
who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Vicente Reid | CEO | 15 | $18K |
board members · 9
- Jenny Poon — Vice Chair
- Rana Sodhi — Director
- Ryan Winkle — Chair
- Star Reyes — Director
- Steven Diep — Director
- Suzie Moreno — Director
- TJ Greene — Director
- Tomas Leon — Director
- William Nguyen — Director
relationships · 1
who they work with
- International District Partner — Connects diverse cultures into spaces like the International District to foster collaboration and shared prosperity.