Nonprofit · EIN 81-1003212
ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC
Also known as AASOANC
Tax-exempt · WEST COLUMBIA, SC 29169
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $247,744 | $143,562 | $104,182 | $511,911 | $280 | $511,631 |
| December 31, 2023 | 990 | $308,594 | $195,101 | $113,493 | $435,967 | $28,518 | $407,449 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $236,818
- Membership dues
- $236,818
- Program service revenue
- $0
- Investment income
- $10,926
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,036
- Program services (functional)
- $143,562
Balance sheet and other
- Total assets, start of year
- $435,967
- Total assets, end of year
- $511,911
- Total liabilities, end of year
- $280
- Net assets, end of year
- $511,631
- Net assets without donor restrictions
- $511,631
- Gross receipts
- $247,744
- Employees
- 0
- Year formed
- 2017
- State of legal domicile
- NC
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 |
|---|---|---|---|
| KISHOR KANERIA | TREASURER Trustee or director | 0 | $0 |
| ATUL PATEL | DIRECTOR Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mukesh Patel | Treasurer Trustee or director | 14 | $0 |
| ATUL PATEL | Executive Director Trustee or director, Officer | 14 | $0 |
Address and contacts
- Address (IRS master file)
- 113 PROFESSIONAL AVE, WEST COLUMBIA, SC 29169-4711
- In care of
- % ATUL PATEL
- Mailing address (990-N for 2017)
- 4030 WAKE FOREST RD, Raleigh NC 27609
- Principal officer (990 for 2024)
- ATUL PATEL, 12812 ROSALIE ST, RALEIGH, NC 27614
- Principal officer (990-N for 2017)
- ATUL PATEL, 4030 WAKE FOREST RD, Raleigh NC 27609
- Signed the 990
- ATUL PATEL, PRESIDENT
- Phone
- (910) 978-9888
- Return prepared by
- HGCC LLC
Mission
TO CONSTANTLY STRIVE TO MEET OR EXCEED OUR CUSTOMER NEEDS AND EXPECTATIONS OF PRICE, SERVICE,AND SELECTION. TO THIS END, WE WILL PERFORM PERIODIC REVIEWS OF THE MARKETPLACE TO IMPROVE OUR TO CONSTANTLY STRIVE TO MEET OR EXCEED OUR OFFERINGS.
Program accomplishments
- AASOA OF NORTH CAROLINA OFFERS OPPORTUNITIES FOR RETAILERS AS WELL AS SUPPLIERS TO COME TOGETHER AND STRENGTHEN BUSINESS RELATIONSHIPS. BY CONTINUALLY STRIVING TO DEVELOP BENEFITS FOR OUR MEMBERS THROUGH OUR PREFERRED TO CONSTANTLY STRIVE TO MEET OR EXCEED OUR CUSTOMER NEEDS AND EXPECTATIONS OF PRICE, SERVICE, AND SELECTION. TO THIS END, WE WILL PERFORM PERIODIC REVIEWS OF THE MARKETPLACE TO IMPROVE OUR OFFERINGS.Expenses $143,562 · revenue $247,744
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
- 81-1003212
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $511,911
- Income (IRS master file)
- $247,744
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $247,744 | $143,562 | $511,911 | XML |
| 990 | December 2023 | $308,594 | $195,101 | $435,967 | XML |
| 990 | December 2022 | $217,585 | $187,587 | $318,190 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: ATUL PATEL | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-1003212).
Questions about ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC
- What is the EIN of ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC?
- The employer identification number (EIN) of ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC is 81-1003212.
- Is ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
- Are donations to ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC 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 AMERICAN STORE OWNERSASSOCIAT ION OF NC INC 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 AMERICAN STORE OWNERSASSOCIAT ION OF NC INC 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 AMERICAN STORE OWNERSASSOCIAT ION OF NC INC?
- The 990 for the year ended December 31, 2024 names ATUL PATEL.
- Who are the officers and directors of ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does ASIAN AMERICAN STORE OWNERSASSOCIAT ION OF NC INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $247,744, expenses of $143,562 and total assets of $511,911 at year end.
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All nonprofits in WEST COLUMBIA · South Carolina · Community improvement and capacity building