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CAROLINAS ASIAN AMERICAN CHAMBER OF COMMERCE INC

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Public IRS 990 nonprofit record

CAROLINAS ASIAN AMERICAN CHAMBER OF COMMERCE INC

EIN 56-2153855 · Chambers of Commerce & Business Leagues (S41)

What they do

The Carolinas Asian American Chamber of Commerce Exits to Foster Cooperation and Interaction Within The Asian Communities and Between The Community At Large In Charlotte and The Carolinas for The Betterment of Commerce Culture and Communication. We Promote Sponsor and Support Efforts to Sustain Our Traditional Heritages Through Excellence In Business Practive Education Volunteerism and Public Service.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $43.60 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 2024The charity has a recent tax report to read.

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

They name their leaders8 people are listed in the latest report.

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

Money made simple

441.57%of revenue went to mission work43.6% of expenses · Program services
$1,013.38spent for every $100 of revenueSpending was higher than revenue this year.
$0.13in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $240,237 this year. Ask whether that was planned or caused by a one-time event.

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 2024

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.

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$26,302
Mission workProgram services$116,142441.57% of revenue43.6% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$266,5391,013.38% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$26,302
Expenses$266,539
Annual shortfall $240,237 Expenses were higher than revenue 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)$116,142 · 43.6% of expenses
See all reported dollar amounts
Revenue$26,302
Expenses$266,539
Assets$34,310
Income$26,302
Contributions$26,302
Mission work (program services)$116,142
People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (8)

ANN GONZALESPRESIDENT

DIV BHINGRADIAVP

EILEEN CAIVP

JIAN ZHANGVP

JOHN CHENCHAIRMAN

KEN MAEDAVP

NIMISH BHATTVP

NINI BAUTISTAVP

About this charity

Recognized since
January 2000
Location
12420 LANIER ISLANDS CIR, CHARLOTTE, NC 28273-7147
County
Mecklenburg
In care of
% KI-HYUN CHUN PHD
Primary officer
John Chen, Chairman

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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