Emerging Markets Investors Alliance Inc
- Assets
- $930.2k
- Revenue
- $899.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Long Island City, NY
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-3263443
Organization Overview
Emerging Markets Investors Alliance Inc is located in Long Island City, NY. The organization was established in 2015. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emerging Markets Investors Alliance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Emerging Markets Investors Alliance Inc generated $899.0k in total revenue. All expenses for the organization totaled $432.5k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENABLE INSTITUTIONAL EMERGING MARKET INVESTORS TO SUPPORT GOOD GOVERNANCE, PROMOTE SUSTAINABLE DEVELOPMENT, AND IMPROVE INVESTMENT PERFORMANCE IN THE GOVERNMENTS AND COMPANIES IN WHICH THEY INVEST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING INFORMATIONAL EVENTS TO INVESTORS ON TOPICS RELATING TO TRANSPARENCY AND ANTI-CORRUPTION, HUMAN RIGHTS, ANIMAL WELFARE, THE ENVIRONMENT, AND CORPORATE GOVERNANCE. ALSO PRODUCE MATERIALS THAT INVESTORS CAN USE TO INFORM THEMSELVES SO THAT THEY CAN BECOME EFFECTIVE ADVOCATES ON ISSUES INCLUDING GOOD GOVERNANCE AND ENVIRONMENTAL SUSTAINABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xxx Jasbeena Chairperson | OfficerTrustee | 4 | $0 |
Ashok Parameswaran Secretary | OfficerTrustee | 60 | $66,000 |
Eric Fine Director | Trustee | 1 | $0 |
Michael Cirami Director | Trustee | 1 | $0 |
Ajata Mediratta Director | Trustee | 1 | $0 |
Jonathan Chou Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $802,565 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $822,565 |
| Total Program Service Revenue | $76,315 |
| Investment income | $114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $898,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,000 |
| Compensation of current officers, directors, key employees. | $55,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $253,034 |
| Advertising and promotion | $0 |
| Office expenses | $5,853 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,608 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,173 |
| All other expenses | $0 |
| Total functional expenses | $432,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $758,208 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $172,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $930,208 |
| Accounts payable and accrued expenses | $1,211 |
| Grants payable | $0 |
| Deferred revenue | $82,559 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $83,770 |
| Net assets without donor restrictions | $652,478 |
| Net assets with donor restrictions | $193,960 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $930,208 |