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Nonprofit · EIN 74-2884277

THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE

Tax-exempt · AUSTIN, TX 78754

Financials

$519K$691K2023$657K$657K2024
Revenue Expenses · by fiscal year end
Financials of THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$656,501$657,186-$685$729,875$86,008$643,867
December 31, 2023990$518,985$690,533-$171,548$690,180$45,629$644,551
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$623,572
of which government grants
$255,000
Program service revenue
$105,562
Investment income
$15,704
Net income from fundraising events
-$88,337
Other revenue
-$88,337

Expenses

Grants and similar amounts paid
$30,000
Compensation of officers, directors and key employees
$168,004
Other salaries and wages
$233,684
Salaries, compensation and benefits (total)
$448,912
Professional fundraising fees
$0
Accounting fees
$17,540
Occupancy
$37,445
Travel
$4,922
Program services (functional)
$293,082
Management and general (functional)
$205,907
Fundraising (functional)
$158,197

Balance sheet and other

Total assets, start of year
$690,180
Total assets, end of year
$729,875
Total liabilities, end of year
$86,008
Net assets, end of year
$643,867
Publicly traded securities
$109
Net assets without donor restrictions
$643,867
Gross receipts
$776,650
Employees
4
Volunteers
45
Year formed
1998
State of legal domicile
TX

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
Mark DuvalPresident & CEO
Trustee or director
50$168,004
Ahmed MoledinaDirector
Trustee or director
1.5$0
Kannan KaliyurDirector
Trustee or director
0.5$0
Ali KhatawDirector
Trustee or director
0.5$0
Yuen YungDirector
Trustee or director
1$0
Clifford ChiuDirector
Trustee or director
0.5$0
Min ChoeDirector
Trustee or director
0.5$0
Rashed IslamDirector
Trustee or director
1.5$0
Naoko ColeDirector
Trustee or director
1$0
Viviene NgoDirector
Trustee or director
0.5$0
Steve MaDirector
Trustee or director
0.5$0
Mojdeh GharbiDirector
Trustee or director
0.5$0
Harrison KimDirector
Trustee or director
0.5$0
Pilar CastilloDirector
Trustee or director
0.5$0
Helen HamanDirector
Trustee or director
0.5$0
8 more people on this return
NameTitleHours / weekCompensation
Jessica HuynhDirector
Trustee or director
0.5$0
Wan KimDirector
Trustee or director
0.5$0
Kurian PanikerDirector
Trustee or director
0.5$0
David TeoDirector
Trustee or director
0.5$0
Jessica Chen Former ChairmanChairman
Officer
0.25$0
Minh TranChairman
Officer
3$0
Sharad MudholSecretary
Officer
1.25$0
Shanaz HemmatiTreasurer
Officer
1.25$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
Ahmed MoledinaDirector
Trustee or director
0.5$0
Kannan KaliyuDirector
Trustee or director
0.5$0
Ali KhatawDirector
Trustee or director
0.5$0
Minh TranDirector
Trustee or director
1$0
Yuen YungDirector
Trustee or director
1$0
Clifford ChiuDirector
Trustee or director
0.5$0
Min ChoeDirector
Trustee or director
1.5$0
Shanaz HemmatiDirector
Trustee or director
0.5$0
Rashed IslamDirector
Trustee or director
0.5$0
Naoko ColeDirector
Trustee or director
0.5$0
Viviene NgoDirector
Trustee or director
0.5$0
Steve MaDirector
Trustee or director
0.5$0
Jessica ChenChairman
Officer
1.5$0
Sharad MudholSecretary
Officer
1$0

Address and contacts

Address (IRS master file)
8001 CENTRE PARK DR STE 160, AUSTIN, TX 78754-5177
In care of
% COI
Principal officer (990 for 2024)
Mark Duval, 8001 Centre Park Drive 160, Austin, TX 78754
Signed the 990
Mark Duval, President & CEO
Phone
(512) 407-8240
Return prepared by
Key Figures LLC

Mission

Promote the Asian Pacific American community and community at large as a catalyst for local and global economic growth through advocacy, connections and education.

990 for the year ended December 31, 2024

Program accomplishments

  • The Greater Austin Asian Chamber of Commerce completed our planned programs for the year including multiple Small Business Masterclass/Workshops (including an event co-hosted with DECA the Diversity and Ethnic Chamber Alliance) attended by over 100 individuals serving over 25 businesses, a "Project Rebuild" grant program where $30,000 was distributed to 10 small businesses. The organization also completed the Annual Fall Classic and the Ovation Gala attended by ~475 individuals. In addition the Chamber launched the GAACC Foundation and launched a new Signature Event: Asia x Austin to explore the growing intersection of Asia and Austin.

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
74-2884277
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$729,875
Income (IRS master file)
$776,650

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$656,501$657,186$729,875XML
990December 2023$518,985$690,533$690,180XML
990December 2022$571,059$535,935$852,834IRS
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 74-2884277).

Questions about THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE

What is the EIN of THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE?
The employer identification number (EIN) of THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE is 74-2884277.
Is THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
Are donations to THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE 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 THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE 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 THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE 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 THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names Mark Duval.
Who are the officers and directors of THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 23 people; 1 received compensation from the organization, the highest $168,004 (Mark Duval, President & CEO).
How much revenue does THE GREATER AUSTIN ASIAN CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $656,501, expenses of $657,186 and total assets of $729,875 at year end.

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