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Asian Business Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208835997 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Asian Business Center?

The Asian Business Center is a nonprofit organization dedicated to fostering business growth and development. Their primary focus lies in offering education, training, research, and scholarship opportunities within this field. They are committed to empowering individuals by equipping them with the necessary skills and knowledge required for success in the business world. Their mission extends beyond just education, also involving research and scholarship to contribute to the broader business landscape. Furthermore, they contribute to economic development by promoting local businesses and industries.


Official website here: www.asianbusinesscenter.org

Is Asian Business Center legitimate?

Asian Business Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian Business Center submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.asianbusinesscenter.org

What is the mission statement of Asian Business Center?

The Asian Business Center's mission revolves around promoting business education, training, research, and scholarship, with a focus on economic development. The organization offers a business education and training program, aiming to equip individuals with the necessary skills and knowledge in the field of business. The center's activities are centered around these areas, contributing to the broader objective of fostering business growth and development.


Official website here: www.asianbusinesscenter.org

Who is the CEO of Asian Business Center?

Jim Song is the Treasurer of Asian Business Center.


Official website here: www.asianbusinesscenter.org

What is the revenue of Asian Business Center?

Asian Business Center's revenue in 2021 was $39,758.


Official website here: www.asianbusinesscenter.org

Who are the executives of Asian Business Center and what are their salaries?


Here are 3 key members and their salaries:


Karen Park (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Song (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Huang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.asianbusinesscenter.org

Where can I find the form 990EZ for Asian Business Center?

Asian Business Center's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.asianbusinesscenter.org

Learn more at the official website: www.asianbusinesscenter.org

Mission Statement of Asian Business Center

The Asian Business Center, as an organization, is dedicated to promoting business education, training, research, scholarship, and economic development. Their primary focus lies in providing a comprehensive business education and training program, aiming to equip individuals with the necessary skills and knowledge required to thrive in the business world. The center's mission is to contribute to this field through its various initiatives, including ongoing research and scholarship, thereby fostering a vibrant and dynamic business community.

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Impact




August, 2024

The Asian Business Center in Los Angeles, CA has a significant impact on the community by providing business education, training, research, scholarship, and economic development opportunities. Through its programs and initiatives, the Asian Business Center plays a vital role in enhancing the entrepreneurial skills and knowledge of individuals, contributing to the growth and sustainability of businesses in the region. Additionally, the organization's focus on community improvement fosters a supportive environment for economic development and drives positive change within the local business community.




This information is meant to be a general summary of Asian Business Center. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$39,758 (2021)
Expenses
$17,370 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $9
  • Program Service Revenue: $199
  • Gross Receipts: $39,758

Assets and Liabilities:

  • Total Assets: $252,037
  • Total Liabilities: $0
  • Net Assets: $252,037

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Organization Details

Principal Officer

Jim Song

Main Address

767 N HILL STREET 308, LOS ANGELES, CA, 90012

NTEE Category

Code: S200 - Community improvement

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