Nonprofit · EIN 20-0557881
IOWA ASIAN ALLIANCE FOUNDATION
Tax-exempt · WDM, IA 50266
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $448,057 | $498,939 | -$50,882 | $382,471 | $41,806 | $340,665 |
| December 31, 2024 | 990 | $475,955 | $435,029 | $40,926 | $433,924 | $46,761 | $387,163 |
| December 31, 2023 | 990 | $438,987 | $438,674 | $313 | $369,982 | $25,099 | $344,883 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $178,484
- Program service revenue
- $269,365
- Investment income
- $208
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,290
- Compensation of officers, directors and key employees
- $103,385
- Salaries, compensation and benefits (total)
- $111,035
- Professional fundraising fees
- $0
- Accounting fees
- $1,653
- Occupancy
- $3,107
- Travel
- $2,545
- Depreciation
- $663
- Program services (functional)
- $408,877
- Management and general (functional)
- $90,062
Balance sheet and other
- Total assets, start of year
- $433,924
- Total assets, end of year
- $382,471
- Total liabilities, end of year
- $41,806
- Net assets, end of year
- $340,665
- Land, buildings and equipment
- $2,290
- Net assets without donor restrictions
- $296,846
- Net assets with donor restrictions
- $43,819
- Gross receipts
- $448,057
- Employees
- 1
- Volunteers
- 450
- Year formed
- 2002
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NU HUYNH | EXECUTIVE DI Officer | 40 | $103,385 |
| EMILY FELDMANN | CHAIR/SECRET Trustee or director, Officer | 2 | $0 |
| MAULIK SHROFF | TREASURER Trustee or director, Officer | 2 | $0 |
| MINDY CAVAN | DIRECTOR/TRE Trustee or director, Officer | 2 | $0 |
| DAVID YOSHIMURA | GOVERNANCE Trustee or director | 2 | $0 |
| LIAT KINARD | RECOGNITION Trustee or director | 2 | $0 |
| ROD SUHR | SECRETARY Trustee or director | 2 | $0 |
| CHEN HUANG | DIRECTOR Trustee or director | 2 | $0 |
| DANIEL HERTING | DIRECTOR Trustee or director | 2 | $0 |
| HELEN LIU | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NU HUYNH | EXECUTIVE DI Officer | 40 | $93,000 |
| MARK THEIS | CHAIR Trustee or director, Officer | 2 | $0 |
| MINDY CAVAN | TREASURER Trustee or director, Officer | 2 | $0 |
| EMILY FELDMANN | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVID YOSHIMURA | GOVERNANCE Trustee or director | 2 | $0 |
| LIAT KINARD | RECOGNITION Trustee or director | 2 | $0 |
| ROD SUHR | DIRECTOR Trustee or director | 2 | $0 |
| CHEN HUANG | DIRECTOR Trustee or director | 2 | $0 |
| DANIEL HERTING | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NU HUYNH | EXECUTIVE DI Officer | 40 | $88,304 |
| MARK THEIS | CHAIR Trustee or director, Officer | 2 | $0 |
| MINDY CAVAN | TREASURER Trustee or director, Officer | 2 | $0 |
| EMILY FELDMANN | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVID YOSHIMURA | GOVERNANCE Trustee or director | 2 | $0 |
| LIAT KINARD | RECOGNITION Trustee or director | 2 | $0 |
| ROD SUHR | DIRECTOR Trustee or director | 2 | $0 |
| CHEN HUANG | DIRECTOR Trustee or director | 2 | $0 |
| DANIEL HERTING | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1415 28TH ST STE 400, WDM, IA 50266-1450
- In care of
- % IOWA ASIAN ALLIANCE
- Principal officer (990 for 2025)
- NU HUYNH, 1415 28TH ST SUITE 400, WEST DES MOINES, IA 50266
- Signed the 990
- NU HUYNH, EXECUTIVE DIRECTOR
- Phone
- (515) 282-8192
- Website
- WWW.IOWAASIANALLIANCE.COM
- Return prepared by
- COMMUNITY CPA & ASSOCIATES INC
Mission
OUR MISSION IS TO UNITE DIVERSE ASIAN, ASIAN AMERICAN, AND PACIFIC ISLANDER COMMUNITIES WITH THE PURPOSE OF FOSTERING ECONOMIC GROWTH AND BROADER COMMUNITY DEVELOPMENT WITHIN THE STATE OF IOWA
Program accomplishments
- THE ORGANIZATION COLLABORATED WITH THE PRIVATE AND PUBLIC SECTORS TO PROMOTE COMMUNICATION AND CULTURAL VITALITY, LEADERSHIP AND EDUCATIONAL ADVANCEMENT, CIVIC RESPONSIBILITY AND ENGAGEMENT AND BUSINESS AND ECONOMIC GROWTH.Expenses $145,590 · grants $5,290 · revenue $23,650
- CELEBRASIAN, THE ANNUAL ASIAN HERITAGE FESTIVAL IS IAA'S SIGNATURE EVENT ATTRACTING OVER 50K ATTENDEES ANNUALLY. THE PURPOSE OF CELEBRASIAN IS TO INCREASE PUBLIC AWARENESS OF THE SOCIAL, CULTURAL AND ECONOMIC CONTRIBUTIONS OF ASIAN AMERICANS/ PACIFIC ISLANDERS IN IOWA. IT ALSO SERVES TO BRING ALL THE ASIAN AMERICAN COMMUNITIES TOGETHER AS A CRITICAL MASS IN A SINGLE, UNIFIED EVENT THAT SHOWCASES THE TRADITIONAL HERITAGE AND CONTEMPORARY CONTRIBUTIONS OF ASIAN COMMUNITIES IN IOWA THROUGH ART, MUSIC, FOOD, DEMONSTRATIONS, AND HANDS-ON ACTIVITIES.Expenses $263,287 · revenue $210,950
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0557881
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $382,471
- Income (IRS master file)
- $448,057
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $448,057 | $498,939 | $382,471 | IRS |
| 990 | December 2024 | $475,955 | $435,029 | $433,924 | IRS |
| 990 | December 2023 | $438,987 | $438,674 | $369,982 | XML |
| 990 | December 2022 | $499,718 | $367,589 | $384,612 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0557881).
Questions about IOWA ASIAN ALLIANCE FOUNDATION
- What is the EIN of IOWA ASIAN ALLIANCE FOUNDATION?
- The employer identification number (EIN) of IOWA ASIAN ALLIANCE FOUNDATION is 20-0557881.
- Is IOWA ASIAN ALLIANCE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to IOWA ASIAN ALLIANCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IOWA ASIAN ALLIANCE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IOWA ASIAN ALLIANCE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IOWA ASIAN ALLIANCE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IOWA ASIAN ALLIANCE FOUNDATION?
- The 990 for the year ended December 31, 2025 names NU HUYNH.
- Who are the officers and directors of IOWA ASIAN ALLIANCE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $103,385 (NU HUYNH, EXECUTIVE DI).
- How much revenue does IOWA ASIAN ALLIANCE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $448,057, expenses of $498,939 and total assets of $382,471 at year end.
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