Asac Usa Inc

Organization Overview

Asac Usa Inc is located in Doral, FL. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asac USA 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 12/2023, Asac USA Inc generated $206.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $197.4k during the year ending 12/2023. While expenses have increased by 27.1% per year over the past 2 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ASAC USA INCORPORATED (AUI) PROVIDES SUPPORT AND ASSISTANCE TO OTHER NON-PROFIT ORGANIZATIONS. MORE SPECIFICALLY, THE ORGANIZATION WILL PROVIDE CHARITABLE GIVING TO NONPROFIT ORGANIZATIONS AND SIMILAR EXEMPT PROGRAMS IN VENEZUELA, TRINIDAD & TOBAGO AND THE DOMINICAN REPUBLIC

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH & NUTRITION: WE PROVIDE SUPPORT TO VOLUNTEERS AND THE COMMUNITIES THEY SERVE TO MEET THEIR HEALTH NEEDS, SUCH AS OPERATIONS, MEDICAL TREATMENTS, MEDICINES AND MEDICAL SUPPLIES, THROUGH CHARITABLE DONATIONS. IN ADDITION, WE PURCHASE AND DISTRIBUTE FOOD TO FAMILIES AFFECTED BY THE HUMANITARIAN CRISIS IN VENEZUELA DUE TO THE HIGH COST OF FOOD. WE SERVE FAMILIES IN THE STATES OF MIRANDA, LARA, MRIDA, ZULIA, ARAGUA AND CARABOBO.


INFRASTRUCTURE: MAINTENANCE AND DEVELOPMENT OF EDUCATIONAL, TRAINING AND CHARITABLE SPACES, SUCH AS CIVIL WORKS, EQUIPMENT, TECHNOLOGY AND FACILITIES.


EDUCATION: SUPPORT FOR EDUCATIONAL TRAINING INSTITUTION PROGRAMS AND CHARITABLE INSTITUTIONS THROUGH DONATIONS FOR THE DEVELOPMENT OF THEIR MISSION AND OBJECTIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Norma T Alvarez
Treasurer
$0
Albertina M Jimenez
Secretary
$0
Patricia S Williams
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$206,756
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$206,756
Total Program Service Revenue$0
Investment income $0
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 $206,756

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