Nonprofit · EIN 95-3214153
ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC
Tax-exempt (reinstated) · MONTEREY PARK, CA 91754
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $175,579 | $509,530 | -$333,951 | $1,168,751 | $10,000 | $1,158,751 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $132
- Interest
- $74,800
- Net gain from sales of assets
- $98,462
- Other income
- $2,185
Expenses
- Grants and similar amounts paid
- $9,000
- Compensation of officers, directors and key employees
- $235,000
- Salaries, compensation and benefits (total)
- $111,315
- Disbursements for charitable purposes
- $9,000
- Excise tax on investment income
- $2,410
Balance sheet and other
- Total assets, start of year
- $1,580,907
- Total assets, end of year
- $1,168,751
- Total liabilities, end of year
- $10,000
- Net assets, end of year
- $1,158,751
- Fair market value of assets
- $1,168,431
- Qualifying distributions
- $9,000
- Net investment income
- $173,394
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NORMAN LEE 216 W GARVEY AVE E, MONTEREY PARK, CA 91754 | Executive Dir. | 40 | $235,000 |
| ANN TSUCHIYA 216 W GARVEY AVE E, MONTEREY PARK, CA 91754 | PROGRAM ADMIN | 40 | $0 |
| DANIEL CHIU 216 W GARVEY AVE E, MONTEREY PARK, CA 91754 | BOARD OF DIRECT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 216 W GARVEY AVE E, MONTEREY PARK, CA 91754-1688
- Signed the 990-PF
- NORMAN LEE, Executive Dir.
- Phone
- (626) 572-7021
- Website
- WWW.AAEDE.INFO
- Return prepared by
- Sequoia Tax & Financial Services
California records
California keeps its own records of charities and corporations. Search them by EIN 95-3214153 or by the name ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 95-3214153
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2026
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $1,168,751
- Income (IRS master file)
- $506,978
Revocation and reinstatement
- Exemption revoked
- May 15, 2022
- Posted by the IRS
- July 10, 2023
- Reinstated
- Effective May 15, 2022
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $175,579 | $509,530 | $1,168,751 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990 | November 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 95-3214153).
Questions about ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC
- What is the EIN of ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC?
- The employer identification number (EIN) of ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC is 95-3214153.
- Is ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
- Are donations to ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $235,000 (NORMAN LEE, Executive Dir.).
- How much revenue does ASIAN/AMERICAN ECONOMIC DEVELOPMENT ENTERPRISES INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $175,579, expenses of $509,530 and total assets of $1,168,751 at year end.
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All nonprofits in MONTEREY PARK · California · Youth development