EIN 13-3801336

Asian American Business Development Center

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
1994
Most recent tax filings
2023-09-01
NTEE code, primary
Description
Asian American Business Development Center assists Asian-American business owners in developing marketing and financing strategies through the provision of technical and professional assistance.
Total revenues
$1,590,149
2023
Total expenses
$1,262,499
2023
Total assets
$1,256,226
2023
Num. employees
5
2023

Program areas at Asian American Business Development Center

To provide asian-american Business owners with technical and professional assistance in developing marketing and financing strategies.

Who funds Asian American Business Development Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Asian American FoundationTaaf Representation and Resources Initiative$125,000
The Blackbaud Giving FundGeneral Support$25,020
Goldman Sachs GivesCommunity Outreach & Enrichment Programs$10,000
...and 4 more grants received

Personnel at Asian American Business Development Center

NameTitleCompensation
John WangPresident$108,500
Bo ChenSecretary$0
Ilwon KangTreasurer$0

Financials for Asian American Business Development Center

RevenuesFYE 09/2023
Total grants, contributions, etc.$1,579,324
Program services$0
Investment income and dividends$10,825
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,590,149

Form 990s for Asian American Business Development Center

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-14990View PDF
2021-092022-08-12990View PDF
2020-092021-09-03990View PDF
2019-092020-10-08990View PDF
...and 10 more Form 990s

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ConprmetidosCorpSan Juan, PR$936,762
Region 10 League for Economic Assistance and PlanningMontrose, CO$4,484,381
South Segment CDCHalliday, ND$4,587,145
Southside Together Organizing For PowerChicago, IL$887,294
Data update history
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $25,020 from The Blackbaud Giving Fund
February 4, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from General Atlantic Foundation
December 27, 2023
Received grants
Identified 1 new grant, including a grant for $125,000 from The Asian American Foundation
September 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
390 Fifth Ave 510
New York, NY 10018
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
aabdc.com/ 
Phone
(212) 966-0100
IRS details
EIN
13-3801336
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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