Asian American Insurance And Financial Professional Association
- Assets
- $107.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- City Of Industry, CA
- Founding
- 06/2010
- Data as of
- 10/2021
- EIN
- 26-1470300
Organization Overview
Asian American Insurance And Financial Professional Association is located in City Of Industry, CA. The organization was established in 2010. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Asian American Insurance And Financial Professional Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 10/2021, Asian American Insurance And Financial Professional Association generated $46.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $21.2k during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOLDS AND CONDUCT AN ANNUAL CONVENTION AND GALA EVENT WHERE IT PROVIDE CE CREDITS FOR FINANCIAL PLANNING MEMBERS IN INSURANCE AND FINANCIAL PLANNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bing Cheng Directorpresident | 0 | $0 | |
Lihua Xia Director | 0 | $0 | |
Harry Hu Directorchair | 0 | $0 | |
Anh Doan Director | 0 | $0 | |
Kimberley Ngo Director | 0 | $0 | |
Rachel Fei Treasurerdirector | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $46,000 |
| Total Revenue | $46,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,157 |
| Total expenses | $21,157 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,436 |
| Other assets | $0 |
| Total assets | $107,436 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,436 |
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