NonprofitsAsian American Chamber Of Commerce Of Illinois

Asian American Chamber Of Commerce Of Illinois

CHICAGO, IL

Total revenue

$334K

Total expenses

$288K

Net assets

$67K

Grants received

$40K

2 grants

EIN

852737629

Tax year

2024

Mission

Mission is to unite and support the asian american business communities throughout the state of illinois. Educational: increase the capacity of asian american and other minority-owned businesses through financial, legal, & strategic education and counseling.

Financials

FY 2024

Revenue

Contributions & grants$334K
Program service revenue
Investment income$4
Other revenue
Total revenue$334K

Expenses

Grants paid
Salaries & benefits$198K
Fundraising
Other expenses$90K
Total expenses$288K
Total assets$70K
Net assets$67K

People

5 listed

NameRoleCompensation

MEGAN NAKANO

EXECUTIVE DIRECTOR

Board

$173K

40 hrs/wk

TERESA GING

BOARD MEMBER

Board

2 hrs/wk

ERNEST WONG

PRESIDENT

Board

2 hrs/wk

SAM KUKADIA

TREASURER

Board

2 hrs/wk

AILEEN KIM

SECRETARY

Board

2 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$20K
General Operating Support - Entrepreneurship
2024
$20K
Grants made at the discretion of Board Members to qualified publicly-supported charities
2023

Funded by

$40K from 1 funder · 2 grants · 2023–2024

The Coleman Foundation Inc

$40K · 2 grants · 2023–2024

Details

EIN852737629
Subsection03
Ruling date2021-10
Formed2020
Employees1
Volunteers5
ASIAN AMERICAN CHAMBER OF COMMERCE OF ILLINOIS — Mission, Financials & Grants Received | Grantivo