American-China Society Of Indiana
- Assets
- $71.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/2011
- Data as of
- 12/2021
- EIN
- 27-2826299
Organization Overview
American-China Society Of Indiana is located in Indianapolis, IN. The organization was established in 2011. 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 an independent organization and not affiliated with a larger national or regional group of organizations. American-China Society Of Indiana 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 12/2021, American-China Society Of Indiana generated $115.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $95.3k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
MEMBERSHIP ORGANIZATION FOCUSED ON PROMOTING ECONOMIC DEVELOPMENT, TRADE AND INVESTMENT OPPORTUNITIESBETWEEN INDIANA AND CHINA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin Renk Officer | 40 | $68,350 | |
Naomi Kwang Chair | 1 | $0 | |
Andrea Richter-Garry Vice Chair | 1 | $0 | |
Jay Chu Member | 0.25 | $0 | |
Weilin Long Member | 0.25 | $0 | |
Brian Gildea Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,691 |
| Total Program Service Revenue | $20,000 |
| Membership dues | $49,074 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,349 |
| Other Revenue | $0 |
| Total Revenue | $115,114 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,287 |
| Professional fees and other payments to independent contractors | $5,577 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,448 |
| Total expenses | $95,312 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,066 |
| Other assets | $0 |
| Total assets | $71,066 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,066 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American-China Society Of Indiana has recieved totaling $1,050.
| Awarding Organization | Amount |
|---|---|
Telamon Foundation Inc Carmel, IN PURPOSE: GENERAL | $1,050 |
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