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Asian Pacific American Chamber Of Commerce

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

EIN: 383572921 ✦ Clawson, MI ✦ Designated as a 501(c)(6)

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Overview

What is Asian Pacific American Chamber Of Commerce?

The Asian Pacific American Chamber of Commerce (APACC) is a nonprofit organization situated in Clawson, Michigan. Their primary mission is to foster business relationships between Asian and U.S.-based companies, aiming to boost economic growth for Asian Pacific Americans. They accomplish this through events like the APACC East-West Connection, which offers a platform for networking and exploring business opportunities. This event features speaker forums discussing trends in the Asian Pacific regions and Michigan, as well as segments focused on relationship building and procurement opportunities. The APACC's activities are geared towards promoting beneficial partnerships and fostering economic advancement within the Asian Pacific American community.


Official website here: www.apacc.net

Is Asian Pacific American Chamber Of Commerce legitimate?

Asian Pacific American Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Asian Pacific American Chamber Of Commerce submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $85,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,808

For more financial information, click here


Official website here: www.apacc.net

What is the mission statement of Asian Pacific American Chamber Of Commerce?

The Asian Pacific American Chamber of Commerce's mission is to foster business relationships between Asian and U.S.-based companies. Their primary goal is to advance the economic standing of Asian Pacific Americans. To achieve this, they organize events like the APACC East-West Connection, which provides a platform for networking and exploring business opportunities. The chamber focuses on building relationships with OEMs, Tier 1 & 2 suppliers, and MBEs, offering a speaker forum on business growth trends in Asian Pacific regions and locally. The events aim to provide procurement opportunities and facilitate relationship building with key buyers and suppliers.


Official website here: www.apacc.net

Who is the CEO of Asian Pacific American Chamber Of Commerce?

Duc Nguyen Abrahamson is the Executive Director of Asian Pacific American Chamber Of Commerce.


Official website here: www.apacc.net

What is the revenue of Asian Pacific American Chamber Of Commerce?

Asian Pacific American Chamber Of Commerce's revenue in 2022 was $269,029.


Official website here: www.apacc.net

Who are the executives of Asian Pacific American Chamber Of Commerce and what are their salaries?


Here are 20 key members and their salaries:


Duc Nguyen Abrahamson (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Ha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shilpan Amin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linglong He (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tel Ganesan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Hsu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R J King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Lefevre (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chao Meng (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Masumoto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rona M Lum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Rosario (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Naidoo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Qiong Sun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Townsend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Wang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sucheta Walimbe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.apacc.net

Where can I find the form 990 for Asian Pacific American Chamber Of Commerce?

Asian Pacific American Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.apacc.net

Learn more at the official website: www.apacc.net

Mission Statement of Asian Pacific American Chamber Of Commerce

The Asian Pacific American Chamber of Commerce (APACC) is committed to fostering business relationships between Asian and U.S.-based companies. Its mission lies in promoting the economic advancement of Asian Pacific Americans. By organizing events such as the APACC East-West Connection, this nonprofit seeks to explore business opportunities and strengthen connections between Asian and U.S. companies, OEMs, Tier 1 & 2 suppliers, and MBEs. The focus is on building relationships and providing procurement opportunities, as evident through the meet the Buyer segments. Attendees, numbering 169, benefit from a speaker forum that outlines trends in business growth and opportunities in the Asian Pacific regions, as well as locally in Michigan. Overall, the APACC serves as a platform for fostering business relationships and promoting economic advancement for Asian Pacific Americans.

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Impact




October, 2024

The Asian Pacific American Chamber of Commerce significantly impacts the business landscape by facilitating connections between Asian and U.S.-based companies while promoting the economic advancement of Asian Pacific Americans. Through events like the APACC East-West Connection, the organization fosters valuable business relationships and networking opportunities. These events allow attendees to explore procurement opportunities with OEMs, Tier 1 and Tier 2 suppliers, and minority business enterprises (MBEs), thus driving economic growth and collaboration.

In Michigan, events such as the East-West Connection have become essential platforms for Asian Pacific American businesses to engage with key industry leaders and stakeholders. By focusing on current trends and opportunities in both local and Asian Pacific regions, APACC enhances the visibility of these businesses while encouraging participation from a wide range of entrepreneurs. The attendance of over 169 participants in Clawson, MI, underscores the growing demand for such networking platforms.

Essentially, APACC plays a crucial role in community improvement, enabling businesses to thrive by promoting collaboration, innovation, and partnership in the rapidly evolving economic landscape.




This information is meant to be a general summary of Asian Pacific American Chamber Of Commerce. 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
$269,029 (2022)
Expenses
$268,435 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,051
  • Program Service Revenue: $197,826
  • Gross Receipts: $269,029

Assets and Liabilities:

  • Total Assets: $469,748
  • Total Liabilities: $138,149
  • Net Assets: $331,599

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Annual Dinner

Revenue

$153,636

East West Business Connection

Revenue

$20,230

Miscellaneous Activities

Revenue

$30

Blood of the Dragon

Revenue

$23,930

Organization Details

Founding Year

2003

Principal Officer

Duc Nguyen Abrahamson

Main Address

P O Box 54, Clawson, MI, 48017

NTEE Category

Code: S41 - Community improvement

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