EIN 85-2737629

Asian American Chamber of Commerce of Illinois

Name: Asian American Chamber of Commerce of Illinois financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Elk Grove Village

State

Illinois

Year formed

2020

Most recent tax filings

2022-12-01

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

$255,988

2022

Total expenses

$97,598

2022

Total assets

$189,357

2022

Num. employees

2022

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

Grantmaker	Grantmaker tax period	Description	Amount
The Coleman Foundation Incorporated	2023-12	Grants Made at the Discretion of Board Members To Qualified Publicly-Supported Charities	$20,000

Personnel at Asian American Chamber of Commerce of Illinois

Name	Title	Compensation	Date of data
Megan Nakano	Executive Director	$75,000	2023-12-07
Ernest C. Wong	President	$0	2023-12-07
Sam Kukadia	Treasurer	$0	2023-12-07
Aileen Kim	Secretary	$0	2023-12-07

Financials for Asian American Chamber of Commerce of Illinois

Revenues	FYE 12/2022
Total grants, contributions, etc.	$255,981
Program services	$0
Investment income and dividends	$7
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	$255,988

Form 990s for Asian American Chamber of Commerce of Illinois

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-10-12	990	View PDF
2020-12	2022-05-17	990EZ	View PDF

Organizations like Asian American Chamber of Commerce of Illinois

Organization	Type	Location	Revenue
Jackson Area Manufacturers Association	501(c)(3)	Jackson, MI	$829,236
New York Women's Chamber of Commerce	501(c)(3)	New York, NY	$1,051,802
Greater Philadelphia Hispanic Chamber of Commerce	501(c)(3)	Philadelphia, PA	$1,051,305
African American Chamber of Commerce of Wisconsin	501(c)(3)	Milwaukee, WI	$585,843
Dodgeville Area Chamber of Com	501(c)(3)	Dodgeville, WI	$132,487
Hispanic Chamber of Commerce of Wisconsin	501(c)(3)	Milwaukee, WI	$206,926
Franklinton Board of Trade	501(c)(3)	Columbus, OH	$315,077
Camilla Chamber of Commerce	501(c)(3)	Camilla, GA	$80,252
Beverly Chamber of Commerce	501(c)(3)	Beverly, MA	$297,890
Rhode Island Hispanic Chamber of Commerce	501(c)(3)	Providence, RI	$635,579

Data update history

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

June 1, 2023

Posted financials

Added Form 990N for fiscal year 2021

Nonprofit Types

Trade associationsBusiness and community development organizationsCharities

Issues

Business and industry

Characteristics

Partially liquidatedFundraising eventsState / local levelReceives government fundingTax deductible donationsAccepts online donations

General information

Address: 1040 Bona Ventura Dr; Elk Grove Village, IL 60007
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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Asian American Chamber of Commerce of Illinois

Program areas at Asian American Chamber of Commerce of Illinois

Who funds Asian American Chamber of Commerce of Illinois

Personnel at Asian American Chamber of Commerce of Illinois

Financials for Asian American Chamber of Commerce of Illinois

Form 990s for Asian American Chamber of Commerce of Illinois

Organizations like Asian American Chamber of Commerce of Illinois

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