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EIN 85-2737629

Asian American Chamber of Commerce of Illinois

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Chicago
State
Illinois
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
S41: Promotion of Business
Description
Asian American Chamber of Commerce of Illinois conducts research to determine the needs of Asian American and other minority entrepreneurs through interviews and surveys, which informs the direction and development of the organization's advocacy and programming. The chamber also educates and increases the capacity of Asian American and other minority-owned businesses through financial, legal, strategic education, and counseling. Its location is in Elk Grove Village, IL.
Total revenues
$48,674
2023
Total expenses
$188,653
2023
Total assets
$21,652
2023
Num. employees
1
2023

Program areas at Asian American Chamber of Commerce of Illinois

1. Conducted needs survey of Illinois sbdc directors.2. Partnerships created with several Asian American community organizations.3. Created organization website and and referrak networks.4. Hosted several webinars with il dceo and other community organizations.5. In-person educational and training seminars.6. Assistance with minority certification.

Who funds Asian American Chamber of Commerce of Illinois

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Coleman Foundation IncorporatedGrants Made at the Discretion of Board Members To Qualified Publicly-Supported Charities$20,000

Personnel at Asian American Chamber of Commerce of Illinois

NameTitleCompensation
Megan NakanoExecutive Director$75,000
Aileen KimSecretary$0
Ernest C. WongPresident$0
Sam KukadiaTreasurer$0

Financials for Asian American Chamber of Commerce of Illinois

RevenuesFYE 12/2023
Total grants, contributions, etc.$48,670
Program services$0
Investment income and dividends$4
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$48,674

Form 990s for Asian American Chamber of Commerce of Illinois

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-10-12990View PDF
2020-122022-05-17990EZView PDF

Organizations like Asian American Chamber of Commerce of Illinois

OrganizationLocationRevenue
Hispanic Chamber of Commerce of WisconsinMilwaukee, WI$206,926
Kansas Nonprofit ChamberWichita, KS$147,305
Salem Area Chamber of CommerceSalem, MO$167,196
PFC Black Chamber of CommerceUpper Marlboro, MD$81,735
Dodgeville Area Chamber of ComDodgeville, WI$174,330
LeadingAge Gulf StatesMarrero, LA$119,949
Camilla Chamber of CommerceCamilla, GA$80,252
Dewitt Chamber and DevelopmentDe Witt, IA$238,396
Northern Virginia Black Chamber of CommerceVienna, VA$132,153
Jackson Madison County African American Chamber of CommerceJackson, TN$61,592
Data update history
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from The Coleman Foundation Incorporated
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 30, 2023
Updated personnel
Identified 5 new personnel
November 26, 2023
Used new vendors
Identified 1 new vendor, including
June 10, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
5415 N Clark St
Chicago, IL 60640
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
aaccil.org/ 
IRS details
EIN
85-2737629
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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