ASSOCIATION OF ASIAN AMERICAN INVESTMENT MANAGERS Charity Report

Public IRS 990 nonprofit record

ASSOCIATION OF ASIAN AMERICAN INVESTMENT MANAGERS

EIN 03-0594209

What they do

Founded In The Year 2006, The Association of Asian American Investment Managers (AAAIM) is A National Trade Association Dedicated to The Advance of AAPIs (Asian Americans & Pacific-Islanders) In The Asset Management Industry. AAAIM Supports Those Trying to Access Top Positions At Major Investment Firms While Also Promoting An Entrepreneurial Route for Investment Managers That Start Their Own Firms. AAAIM is Committed to Providing An Association That Creates An Educational Forum for Sharing Expertise Within The AAPI Investment Community; to Build A Pipeline of Next Generation Leaders By Encouraging More AAPI Students to Enter The Field; and to Serve As A Catalyst for Strategic Relationships Between AAPI Managers and Institutional Investors.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $70.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

48.14%of revenue went to mission work70.5% of expenses · Program services

4.44%of revenue went to fundraising6.5% of expenses

$68.30spent for every $100 of revenueRevenue covered expenses this year.

15.71%of revenue went to management and office costs23.0% of expenses

96.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $184,167 for GRACE REYES (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$817,109

Mission workProgram services$393,39348.14% of revenue70.5% of expenses

ManagementOffice and general costs$128,38815.71% of revenue23.0% of expenses

FundraisingAsking for donations$36,2914.44% of revenue6.5% of expenses

Revenue left after expensesReported annual surplus$259,03731.70% of revenueShown in gray on the chart

Total expenses$558,07268.30% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2019CurrentExpense mix: 70.5% mission · 23.0% management · 6.5% fundraisingTotal expenses: 68.30% of revenue

2018Expense mix: 66.3% mission · 27.7% management · 6.0% fundraisingTotal expenses: 53.45% of revenue

2017Expense mix: 64.4% mission · 29.1% management · 6.4% fundraisingTotal expenses: 81.20% of revenue

2016Expense mix: 54.5% mission · 36.6% management · 8.9% fundraisingTotal expenses: 81.65% of revenue

Money in and money out

Revenue$817,109

Expenses$558,072

Annual surplus $259,037 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$393,393 · 70.5% of expenses

Management and office costs$128,388 · 23.0% of expenses

Fundraising$36,291 · 6.5% of expenses

See all reported dollar amounts

Revenue$817,109

Expenses$558,072

Contributions$791,625

Mission work (program services)$393,393

Fundraising$36,291

Management and general$128,388

Stocks and bonds$169,356

Accounting fees$7,500

People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GRACE REYESPRESIDENT · 40 hrs/week $184,167

DIANA LIUDIRECTOR · 5 hrs/week $11,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

GRACE REYESPRESIDENT

DIANA LIUDIRECTOR

ANDREAS MOONDIRECTOR

BENNETT KIMDIRECTOR

BRENDA CHIACHAIRMAN

CLAYTON JUEDIRECTOR

CYNTHIA TSANGDIRECTOR

DAVID LAMDIRECTOR

GORDON LIAODIRECTOR

HEIDI POONDIRECTOR

JAY EUMDIRECTOR

PRASHANT MEHROTRADIRECTOR

SUSAN SOHDIRECTOR

TONY LEEDIRECTOR

WILLIAM PARKDIRECTOR

About this charity

Location: 50 California St, San Francisco, CA 94111
County: City and County of San Francisco
In care of: Jim Park
Primary officer: Jim Park, CEO

How to reach them

WebsiteVisit the charity’s website Phone(310) 795-4370

Filing and classification

Latest tax year: 2019
Tax period began: January 1, 2019
Return type: 990
Tax preparer: MORRIS FINANCIAL ADVISORS INC