Nonprofit · EIN 76-0316809
ASIAN CHAMBER OF COMMERCE
Tax-exempt · HOUSTON, TX 77042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $396,215 | $397,666 | -$1,451 | $659,949 | $137,217 | $522,732 |
| December 31, 2023 | 990 | $447,029 | $472,641 | -$25,612 | $692,049 | $167,866 | $524,183 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $121,600
- of which government grants
- $4,750
- Membership dues
- $116,850
- Program service revenue
- $209,223
- Investment income
- $19,022
- Net income from fundraising events
- $46,370
- Other revenue
- $46,370
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $153,998
- Salaries, compensation and benefits (total)
- $174,718
- Professional fundraising fees
- $0
- Accounting fees
- $8,447
- Occupancy
- $26,457
- Travel
- $8,332
- Depreciation
- $1,135
- Program services (functional)
- $119,465
- Management and general (functional)
- $278,201
Balance sheet and other
- Total assets, start of year
- $692,049
- Total assets, end of year
- $659,949
- Total liabilities, end of year
- $137,217
- Net assets, end of year
- $522,732
- Land, buildings and equipment
- $805
- Net assets without donor restrictions
- $522,732
- Gross receipts
- $499,917
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1990
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYDNEY DAO | BOARD CHAIR Trustee or director, Officer | 2.3 | $0 |
| DAVID NGUYEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| NICOLE ZHAO | TREASURER Trustee or director, Officer | 1 | $0 |
| YUSI AN | BOARD MEMBER Trustee or director | 1 | $0 |
| FAN CHEN | BOARD MEMBER Trustee or director | 1 | $0 |
| VIC CLEVELAND | BOARD MEMBER Trustee or director | 1 | $0 |
| TING GENG | BOARD MEMBER Trustee or director | 1 | $0 |
| KIMEL HODGES | BOARD MEMBER Trustee or director | 1 | $0 |
| NING KANG | BOARD MEMBER Trustee or director | 1 | $0 |
| KAVEH MCADAM | BOARD MEMBER Trustee or director | 1 | $0 |
| TUAN NGUYEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL PANKRATZ | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTY POISOT | BOARD MEMBER Trustee or director | 1 | $0 |
| RAFI RIZVI | BOARD MEMBER Trustee or director | 1 | $0 |
| YU SUN | BOARD MEMBER Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL YOO | BOARD MEMBER Trustee or director | 1 | $0 |
| NICOLE ZHAO | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYDNEY DAO | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| DAVID NGUYEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| NICOLE ZHAO | TREASURER Trustee or director, Officer | 1 | $0 |
| YUSI AN | BOARD MEMBER Trustee or director | 1 | $0 |
| FAN CHEN | BOARD MEMBER Trustee or director | 1 | $0 |
| VIC CLEVELAND | BOARD MEMBER Trustee or director | 1 | $0 |
| TING GENG | BOARD MEMBER Trustee or director | 1 | $0 |
| CHARLES GENGLER | BOARD MEMBER Trustee or director | 1 | $0 |
| NING KANG | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN MCADAM | BOARD MEMBER Trustee or director | 1 | $0 |
| TUAN NGUYEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL PANKRATZ | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTY POISOT | BOARD MEMBER Trustee or director | 1 | $0 |
| RAFI RIZVI | BOARD MEMBER Trustee or director | 1 | $0 |
| DALIA SHERIF | BOARD MEMBER Trustee or director | 1 | $0 |
| YU SUN | BOARD MEMBER Trustee or director | 1 | $0 |
| RAINIER VILLATUYA | BOARD MEMBER Trustee or director | 1 | $0 |
| NICOLE ZHAO | BOARD MEMBER Trustee or director | 1 | $0 |
| MAY WANG | IMMEDIATE PAST BOARD CHAIR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3535 BRIARPARK DR STE 108, HOUSTON, TX 77042-5275
- In care of
- % LINDA TOYOTA
- Principal officer (990 for 2024)
- SYDNEY DAO, 701 AVENIDA LAS AMERICAS, HOUSTON, TX 77010
- Signed the 990
- SYDNEY DAO, BOARD CHAIR
- Phone
- (713) 782-7222
- Website
- www.asianchamber-hou.org
- Return prepared by
- ERIC ZHANG & ASSOCIATES LLP
Mission
PROMOTING COMMERCE WITH ASIAN AMERICAN BUSINESS AND ASIAN COUNTRIES VIA LUNCHEONS, SEMINARS, AND OTHER NETWORKING EVENTS.
Program accomplishments
- LUNCHEON - A MONTHLY EVENT TO PROMOTE COMMERCIAL CONNECTION FROM BUSINESS TO BUSINESS IN ASIAN COMMUNITY.Expenses $12,799 · revenue $7,285
- SEMINARS/WORKSHOPS - TO PROVIDE NETWORKING OPPORTUNITIES AND PRESENT SPEAKERS ON BUSINESS TOPICS RELATED TO ASIA AND THE ASIAN-AMERICAN COMMUNITY. BUSINESS CONFERENCE - GOAL OF BUSINESS CONFERENCE IS TO EDUCATE AND PROVIDE OPPORTUNITIES OF TRADE THROUGH EDUCATIONALWORKSHOPS AND A BUSINESS EXPO.Expenses $106,666 · revenue $201,938
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 | Not 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
- 76-0316809
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $659,949
- Income (IRS master file)
- $499,917
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $396,215 | $397,666 | $659,949 | XML |
| 990 | December 2023 | $447,029 | $472,641 | $692,049 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 76-0316809).
Questions about ASIAN CHAMBER OF COMMERCE
- What is the EIN of ASIAN CHAMBER OF COMMERCE?
- The employer identification number (EIN) of ASIAN CHAMBER OF COMMERCE is 76-0316809.
- Is ASIAN CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1990.
- Are donations to ASIAN CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 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 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 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 ASIAN CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names SYDNEY DAO.
- Who are the officers and directors of ASIAN CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
- How much revenue does ASIAN CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $396,215, expenses of $397,666 and total assets of $659,949 at year end.
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