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Nonprofit · EIN 68-0423644

CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION

Tax-exempt · SACRAMENTO, CA 95811

Financials

$1.1M$970K2023$1M$1M2024
Revenue Expenses · by fiscal year end
Financials of CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,042,438$1,029,562$12,876$1,134,421$382,873$751,548
December 31, 2023990$1,091,680$970,274$121,406$1,219,719$481,047$738,672
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,042,473
Program service revenue
$0
Investment income
$0
Net income from fundraising events
-$35
Other revenue
-$35

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,500
Travel
$40
Program services (functional)
$823,368
Management and general (functional)
$186,097
Fundraising (functional)
$20,097

Balance sheet and other

Total assets, start of year
$1,219,719
Total assets, end of year
$1,134,421
Total liabilities, end of year
$382,873
Net assets, end of year
$751,548
Net assets without donor restrictions
$492,199
Net assets with donor restrictions
$259,349
Gross receipts
$1,065,829
Employees
0
Volunteers
0
Year formed
1993
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN COSTADIRECTOR
Trustee or director
0.5$0
KATHY MCKIMDIRECTOR
Trustee or director
0.5$0
ROB FONGPRESIDENT
Trustee or director, Officer
0.5$0
ROSIE DAUZSECRETARY
Trustee or director, Officer
0.5$0
JOHN GUTIERREZDIRECTOR
Trustee or director
0.5$0
MICHELLE PICARDTREASURER
Trustee or director, Officer
0.5$0
IAN SODIRECTOR
Trustee or director
0.5$0
LAKHI SIAPDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
MATT BARNESDIRECTOR
Trustee or director
0.5$0
KATHY MCKIMDIRECTOR
Trustee or director
0.5$0
ROB FONGPRESIDENT
Trustee or director, Officer
0.5$0
ROSIE DAUZSECRETARY
Trustee or director, Officer
0.5$0
JOHN GUTIERREZDIRECTOR
Trustee or director
0.5$0
MICHELLE PICARDDIRECTOR
Trustee or director
0.5$0
IAN SOCHAIR ELECT
Trustee or director, Officer
0.5$0
CAROL ZHENGDIRECTOR
Trustee or director
0.5$0
LAKHI SIAPDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1610 R ST STE 300, SACRAMENTO, CA 95811-6683
In care of
% PAT FONG KUSHIDA
Principal officer (990 for 2024)
PAT FONG KUSHIDA, 1610 R STREET 300, SACRAMENTO, CA 95811
Signed the 990
PAT FONG KUSHIDA, CEO
Phone
(916) 446-7883
Return prepared by
JEAN B FOSTER CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 68-0423644 or by the name CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION.

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

Mission

TO STRENGTHEN UNDERSERVED, DIVERSE COMMUNITIES THROUGH LEADERSHIP, PROFESSIONAL DEVELOPMENT AND EDUCATION, COMMUNITY ECONOMIC AND WORKFORCE DEVELOPMENT, ALONG WITH CULTURAL DIPLOMACY PROGRAMS THAT BUILD CAPACITY WITHIN THE STATE'S NEXT GENERATION OF ASIAN AMERICAN PACIFIC ISLANDER LEADERS' ETHNIC-BASED GROWER ASSOCIATIONS, COMMUNITY-BASED SERVICE AND FAITH-BASED ORGANIZATIONS, BUSINESS AND CIVIL SOCIETY ORGANIZATIONS WHO RELFECT THE DIVERSE TAPESTRY OF CALIFORNIA'S ASIAN AMERICAN AND PACIFIC ISLANDER COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CATALYST LEADERSHIP PROGRAM, NOW IN ITS 17TH YEAR, PROVIDED 25 INDIVIDUALS WITH A 9-MONTH, HANDS-ON LEADERSHIP DEVELOPMENT PROGRAM DESIGNED TO DEVELOP THE MANAGEMENT SKILLS OF DIVERSE YOUNG PROFESSIONALS AND EMERGING LEADERS. PARTICIPANTS DEVELOP AN INDIVIDUAL LEADERSHIP PLAN; JOIN COMMUNITY, SOCIAL SERVICE OR PROFESSIONAL ORGANIZATIONS; AND MEET WITH COMMUNITY LEADERS IN ORDER TO FORGE KEY RELATIONSHIPS WITHIN THE STATE. OVER 300 INDIVUDLAS HAVE GRADUATED FROM THE CATALYST LEADERSHIP PROGRAM.THE CAL ASIAN FOUNDATION CONTINUED THE AAPI LIFT PROGRAM IN 2024. AAPI LIFT IS A LEADERSHIP PROGRAM THAT FOCUSES ON MENTORING COMMUNITY LEADERS, BUSINESS OWNERS, AND ENTREPRENEURS FOR PUBLIC SERVICE, ADVOCACY AND/OR PUBLIC OFFICE. THE PROGRAM COMBINES LEADERSHIP DEVELOPMENT WITH INDIVIDUALIZED MENTORSHIP, EQUIPPING PARTICIPANTS WITH THE SKILLS AND INSIGHTS NEEDED TO BECOME CHANGEMAKERS IN THEIR COMMUNITIES, COVERING TOPICS SUCH AS BUILDING COALITIONS, COMMUNICATING YOUR AGENDA, RUNNING WINNING CAMPAIGNS, AND GOVERNING EFFECTIVELY.THE CAL ASIAN FOUNDATION CONTINUED ITS "NETGEN EMPOWER U" PROGRAM IN 2024. NEXTGEN EMPOWER U IS A 3-MONTH PROGRAM DESIGNED TO EMPOWER SOCIOECONOMICALLY DISADVANTAGED FIRST- AND SECOND-GENERATION YOUNG ADULTS SUPPORTING THEIR JOURNEY THROUGH HIGHER EDUCATION AND CAREER SUCCESS. THE PROGRAM TOUCHES ON TOPICS SUCH AS RELATIONSHIP BUILDING, COMMUNICATION, EDUCATION, CAREER DEVELOPMENT, AND FINANCIAL MANAGEMENT.
    Expenses $77,777
  • THE FOUNDATION CONTINUES TO SUPPORT STATE-WIDE EFFORTS OF CHAMBERS OF COMMERCE WITH THEIR WORK TO MAINTAIN AND EXPAND BUSINESS CENTERS PROVIDING TECHNICAL ASSISTANCE AND BUSINESS SERVICES TO MINORITY BUINESS ENTERPRISES, AS WELL AS ASSISTING WITH FINANCING AND CONTRACT OPPORTUNITIES. THE FOUNDATION ALSO SUPPORTED THEIR EFFORTS TO PROMOTE DIVERSITY, EQUITY AND INCLUSION TO ADVANCE OPPORTUNITES AND ENSURE INVESTMENTS CALIFORNIA'S DIVERSE COMMUNITIES.
    Expenses $440,860
  • THE FOUNDATION PARTICIPATED IN THE "STOP THE HATE" PROGRAM IN PARTNERSHIP WITH THE SIERRA HEALTH FOUNDATION AND THE CALIFORNIA DEPT OF SOCIAL SERVICES TO PROTECT AAPI COMMUNITIES FROM HATE CRIMES. THE PROGRAM ALSO ASSISTS THE AAPI BUSINESS COMMUNITY PREVENT AND OVERCOME AAPI HATE.THE FOUNDATION WAS ALSO AWARDED A GRANT TO ASSIST WITH WORK ON A REGIONAL IMMIGRATION PLAN, TO UNDERSTAND THE CURRENT STATE OF IMMIGRATION IN CALIFORNIA, ASSIST WITH IMMIGRATION REFORM, AND HELP INTEGRATE EFFORTS.
    Expenses $258,012
  • KITCHEN INNOVATION ELECTRICAL DEVELOPMENT PROGRAM,CONNECTING POINT EVENTS, ETC.
    Expenses $46,719

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
68-0423644
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,134,421
Income (IRS master file)
$1,065,829

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,042,438$1,029,562$1,134,421XML
990December 2023$1,091,680$970,274$1,219,719XML
990December 2022$688,908$605,951$901,992IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 68-0423644).

Questions about CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION

What is the EIN of CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION?
The employer identification number (EIN) of CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION is 68-0423644.
Is CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE 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 CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION?
The 990 for the year ended December 31, 2024 names PAT FONG KUSHIDA.
Who are the officers and directors of CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,042,438, expenses of $1,029,562 and total assets of $1,134,421 at year end.

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