Overview
What is Asian American Retailers Association Of Maryland?
The Asian American Retailers Association of Maryland, situated in Savage, MD, serves as a dedicated platform for safeguarding the business interests of its members. Their mission is twofold: fostering a competitive enterprise environment among their members while promoting the systematic growth and economic progression of retail markets. They strive to embody community spirit within their association, thus contributing to the overall development and advancement of retail sectors in the region.
Official website here: www.aaraofmd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Asian American Retailers Association of Maryland has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is based solely on the Accountability & Finance beacon, indicating a strong focus on financial responsibility and organizational transparency. The organization has demonstrated exemplary governance, as evidenced by its fully independent board, with 100% of its members meeting the criteria for independence.
Strengths include a perfect score in several key areas such as the ratio of liabilities to assets and program expenses, which both stand at 0.00% and 100.00% respectively. Additionally, the organization's tax form is appropriately listed on its website, and meeting minutes are documented, illustrating a commitment to transparency. However, there are notable deficiencies, including the absence of a conflict of interest policy, whistleblower policy, and guidelines for document retention and destruction. These gaps indicate areas where the organization may improve its governance practices.
While the organization shows strong performance in financial management, the missing policies could raise concerns regarding internal controls and ethical standards. Enhancing transparency in these areas may bolster the organization's credibility and effectiveness in serving its mission. Overall, the Asian American Retailers Association of Maryland demonstrates a solid foundation, but addressing the noted limitations could further enhance its impact and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Asian American Retailers Association Of Maryland legitimate?
Asian American Retailers Association Of Maryland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian American Retailers Association Of Maryland 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.
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Other Salaries and Wages: $0
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Official website here: www.aaraofmd.org
What is the mission statement of Asian American Retailers Association Of Maryland?
The Asian American Retailers Association of Maryland's mission is centered around supporting its membership, aiming to foster a competitive business environment while maintaining a communal spirit. The association actively works towards the systematic growth and economic enhancement of retail markets. In essence, its purpose is to assist its members in thriving within the retail sector, all the while encouraging a sense of community among them.
Official website here: www.aaraofmd.org
Who is the CEO of Asian American Retailers Association Of Maryland?
Brijesh Shah is the President & of Asian American Retailers Association Of Maryland.
Official website here: www.aaraofmd.org
What is the revenue of Asian American Retailers Association Of Maryland?
Asian American Retailers Association Of Maryland's revenue in 2022 was $74,585.
Official website here: www.aaraofmd.org
Who are the executives of Asian American Retailers Association Of Maryland and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.aaraofmd.org
Where can I find the form 990 for Asian American Retailers Association Of Maryland?
Asian American Retailers Association Of Maryland's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aaraofmd.org
Learn more at the official website: www.aaraofmd.org
Mission Statement of Asian American Retailers Association Of Maryland
The Asian American Retailers Association of Maryland, a notable organization, is dedicated to safeguarding business interests and fostering a competitive spirit among its membership. Its mission is multifaceted, aiming to promote the methodical development and economic advancement of retail markets. With this objective, the association encourages a sense of community spirit within its membership, thereby contributing to the overall growth and success of the retail sector.
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Impact
August, 2024
The Asian American Retailers Association of Maryland's impact can be seen through its efforts to safeguard business interests and promote competitive enterprise within its membership. By advocating for the systematic development and economic advancement of retail markets, the association plays a vital role in supporting Asian American retailers in Maryland. Through its mission to foster community spirit and promote business growth, the association contributes to the overall improvement of the retail sector in the area.
This information is meant to be a general summary of Asian American Retailers Association Of Maryland. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $466
- Program Service Revenue: $39,104
- Gross Receipts: $74,585
Assets and Liabilities:
- Total Assets: $185,665
- Total Liabilities: $0
- Net Assets: $185,665
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRADESHOW
Revenue
$38,750
OTHERS
Revenue
$354
Organization Details
Founding Year
2011
Phone
(443) 864-7521Principal Officer
Brijesh Shah
Main Address
PO BOX 307, SAVAGE, MD, 20763
Website
www.aaraofmd.orgNTEE Category
Code: S20 - Community improvement
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