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Nonprofit · EIN 20-0726638

ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED

Tax-exempt · LOS ANGELES, CA 90013

Financials

$396K$532K2022$527K$527K2023$266K$156K2024
Revenue Expenses · by fiscal year end
Financials of ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$265,788$155,501$110,287$996,827$441$996,386
June 30, 2024990$527,484$527,020$464$1,211,099$325,000$886,099
June 30, 2023990$395,727$531,527-$135,800$1,194,923$309,288$885,635
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$265,700
Program service revenue
$0
Investment income
$88
Other revenue
$0

Expenses

Grants and similar amounts paid
$150,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$155,501

Balance sheet and other

Total assets, start of year
$1,211,099
Total assets, end of year
$996,827
Total liabilities, end of year
$441
Net assets, end of year
$996,386
Net assets without donor restrictions
$996,386
Gross receipts
$265,788
Employees
0
Volunteers
0
Year formed
2004
State of legal domicile
CA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHANCHANIT MARTORELLPRESIDENT
Trustee or director, Officer
0$0
KIMMY MANIQUISTREASURER
Trustee or director, Officer
0$0
ERICH NAKANODIRECTOR
Trustee or director
0$0
PETER NGDIRECTOR
Trustee or director
0$0
JOHNG HO SONGDIRECTOR
Trustee or director
0$0
SUSANA SNGIEMDIRECTOR
Trustee or director
0$0
PEYMAN MALAZDIRECTOR
Trustee or director
0$0
TAKAO SUZUKIDIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
CHANCHANIT MARTORELLPRESIDENT
Trustee or director, Officer
0$0
KIMMY MANIQUISTREASURER
Trustee or director, Officer
0$0
ERICH NAKANODIRECTOR
Trustee or director
0$0
PETER NGDIRECTOR
Trustee or director
0$0
JOHNG HO SONGDIRECTOR
Trustee or director
0$0
SUSANA SNGIEMDIRECTOR
Trustee or director
0$0
PEYMAN MALAZDIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
CHANCHANIT MARTORELLPRESIDENT
Trustee or director, Officer
0$0
KIMMY MANIQUISTREASURER
Trustee or director, Officer
0$0
ERICH NAKANODIRECTOR
Trustee or director
0$0
PETER NGDIRECTOR
Trustee or director
0$0
JOHNG HO SONGDIRECTOR
Trustee or director
0$0
SUSANA SNGIEMDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
231 E THIRD STREET G-106, LOS ANGELES, CA 90013-1493
In care of
% H COOKE SUNOO
Principal officer (990 for 2024)
TAKAO SUZUKI, 231 E THIRD STREET G-106, LOS ANGELES, CA 90013
Signed the 990
TAKAO SUZUKI, CO-EXECUTIVE DIRECTOR
Phone
(213) 473-1605
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 20-0726638 or by the name ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE MISSION OF THE ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM IS TO ASSIST THE DEVELOPMENT OF SMALL & MICRO BUSINESSES IN LOS ANGELES WITH A PARTICULAR FOCUS ON THE CHINESE, CAMBONIAN, KOREAN, JAPANESE, THAI, AND FILIPINO BUSINESS COMMUNITIES, ESPECIALLY THOSE OF LOW-INCOME IMMIGRANTS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM IS ORGANIZED AND OPERATES FOR THE EXCLUSIVE BENEFIT OF THE SMALL BUSINESS PROGRAM OF LTSC CDC. API SBP AND LTSC CDC HAVE PARALLEL PURPOSE. LTSC CDC SEEKS TO SUPPORT THE HISTORY, CULTURE AND ECONOMIC DEVELOPMENT OF MINORITY AND LOW-INCOME COMMUNITIES, WITH API SBP'S PRIMARY PURPOSE, AS DEFINED IN THE ARTICLES OF INCORPORATION, TO RAISE FUNDS AND DEVELOP COMMUNITY SUPPORT FOR THE SMALL BUSINESS PROGRAMS OF LTSC CDC. ALL FUNDS RECEIVED BY API SBP ARE GIVEN DIRECTLY TO LTSC CDC FOR USE IN ITS SMALL BUSINESS PROGRAM OR TO BE SOLELY USED FOR CHARITABLE ACTIVITIES, WHICH SUPPORT AND BENEFIT THE SMALL BUSINESS PROGRAMS OF LTSC CDC.THE FUNDS RAISED BY THE ORGANIZATION ARE USED TO SUPPORT THE SMALL BUSINESS ASSISTANCE PROGRAM OF LTSC CDC. THE PROGRAM ASSISTED APPROXIMATELY 2,000 ENTREPRENUERS DURING THE YEAR. THE PROGRAM FUNCTIONS PRIMARILY IN FIVE NEIGHBORHOODS OF THE CITY OF LOS ANGELES & ONE NEIGHBORHOOD OF THE CITY OF LONG BEACH, ALL WHICH ARE FEDERALLY-DEFINED LOW-MODERATE INCOME AREAS.
    Expenses $155,501 · grants $150,000 · revenue $88

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-0726638
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$996,827
Income (IRS master file)
$265,788

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$265,788$155,501$996,827XML
990June 2024$527,484$527,020$1,211,099XML
990June 2023$395,727$531,527$1,194,923XML
990June 2022$909,936$387,773$1,385,725IRS
990June 2021–––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 20-0726638).

Questions about ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED

What is the EIN of ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED?
The employer identification number (EIN) of ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED is 20-0726638.
Is ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED 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 ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED?
The 990 for the year ended June 30, 2025 names TAKAO SUZUKI.
Who are the officers and directors of ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED have?
On its 990 for the year ended June 30, 2025 it reported revenue of $265,788, expenses of $155,501 and total assets of $996,827 at year end.

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