Adi Association
- Assets
- $168.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Ramon, CA
- Founding
- Data as of
- 12/2023
- EIN
- 84-3498733
Organization Overview
Adi Association is located in San Ramon, CA. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Adi 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 12/2023, Adi Association generated $11.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (48.1%) each year. All expenses for the organization totaled $70.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THIS CORPORATION IS A NONPROFIT MUTUAL BENEFIT CORPORATION ORGANIZED UNDER THE CALIFORNIA NONPROFIT MUTUAL BENEFIT CORPORATION LAW.THE PURPOSE OF THIS CORPORATION IS TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY, OTHER THAN CREDIT UNION BUSINESS, FOR WHICH A CORPORATION MAY BE ORGANIZED UNDER SUCH LAW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramesh Kesanupalli CEO | 24 | $0 | |
Abbie Barbir Secretary | 8 | $0 | |
Abbie Barbir CFO | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,246 |
| 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 | $11,246 |
| 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 | $20,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $360 |
| Other expenses | $49,985 |
| Total expenses | $70,845 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,525 |
| Other assets | $0 |
| Total assets | $168,525 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,525 |