Asian American Store Ownrers Association Of South Carolina Inc
- Assets
- $47.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orangeburg, SC
- Founding
- Data as of
- 12/2022
- EIN
- 82-4572845
Organization Overview
Asian American Store Ownrers Association Of South Carolina Inc is located in Orangeburg, SC. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asian American Store Ownrers Association Of South Carolina 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 12/2022, Asian American Store Ownrers Association Of South Carolina Inc generated $93.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 58.5% each year . All expenses for the organization totaled $75.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
(A) TO PROMOTE THE CONVENIENCE STORE OWNERS THROUGH EDUCATIONAL EXCHANGES WHICH WOULD INCLUDE BUT NOT LIMITED TO SEMINARS AND CONFERENCES THAT PROMOTE BENEFITS OF CONVENIENCE STORE OWNERS IN SOUTH CAROLINA. (B) TO ACKNOWLEDGE ACHIEVEMENT OF CONVENIENCE STORE OWNERS OF SOUTH CAROLINA, AND TO PROMOTE THE AWARENESS OF AND APPRECIATION FOR THE HISTORICAL CONTRIBUTIONS OF CONVENIENCE STORE OWNERS IN THE UNITED STATES (C) TO ENCOURAGE CONVENIENCE STORE OWNERS TO CONTRIBUTE TO COMMUNITY SERVICES AND THE AMERICAN CIVIL PROCESS, AND TO PROVIDE AND SECURE MEANS FROM AMONG THE MEMBERS OF THE COMMUNITY, AND OTHER RESOURCES FOR EDUCATIONAL AND SOCIO-MEDICAL NEEDS FOR THE NEEDY AND DESERVING PEOPLE (D) TO PROVIDE A NUCLEUS FOR THE FELLOWSHIP AND EXCHANGE OF IDEAS BETWEEN THE PEOPLE OF CONVENIENCE STORE OWNERS IN SOUTH CAROLINA (E) TO ENGAGE IN OTHER ACTIVITIES THAT ARE WITHIN THE SCOPE OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES REVENUE LAW
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bipinchandra Patel Chairman | 1.5 | $0 | |
Devangkumar Patel President | 1.5 | $0 | |
Daxesh Patel CFO | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,280 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,280 |
| 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 | $9,493 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,929 |
| Total expenses | $75,422 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,685 |
| Other assets | $0 |
| Total assets | $47,685 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,685 |