The Asian Chamber Of Commerce

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

EIN: 760316809 ✦ Houston, TX ✦ Designated as a 501(c)(6)

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Overview

What is The Asian Chamber Of Commerce?

The Asian Chamber of Commerce, situated in Houston, Texas, is a nonprofit organization committed to fostering commercial connections within the Asian community. They achieve this goal through a series of monthly luncheons, seminars, and networking events. The primary objective of these events is to strengthen business relationships between Asian American businesses and Asian countries. With a team of three dedicated employees, the organization serves as a hub for promoting commerce and building a dynamic network within the Asian community.


Official website here: www.asianchamber-hou.org

Is The Asian Chamber Of Commerce legitimate?

The Asian Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Asian 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,388

For more financial information, click here


Official website here: www.asianchamber-hou.org

What is the mission statement of The Asian Chamber Of Commerce?

The Asian Chamber of Commerce's mission is centered around fostering commerce between Asian American businesses and Asian countries. This is achieved through a variety of means, including regular luncheons, seminars, and networking events. These events serve to establish commercial connections within the Asian community, promoting business-to-business interactions. The organization's primary goal is to facilitate commerce between Asian American businesses and Asian nations, thereby strengthening economic ties and opportunities for both parties.


Official website here: www.asianchamber-hou.org

Who is the CEO of The Asian Chamber Of Commerce?

May Wang is the Chair of The Asian Chamber Of Commerce.


Official website here: www.asianchamber-hou.org

What is the revenue of The Asian Chamber Of Commerce?

The Asian Chamber Of Commerce's revenue in 2021 was $436,956.


Official website here: www.asianchamber-hou.org

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

The average compensation at The Asian Chamber Of Commerce during 2021 was $53,796. There are 3 employees at The Asian Chamber Of Commerce.


Here are 14 key members and their salaries:


Bin Yu (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Li (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
May Wang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Chapa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fan Chen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sydney Dao (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Illy Jaffer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ning Kang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Lawson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fay Linn Lee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tuan Nguyen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafi Rizvi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dalia Sherif Phd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rainier Villatuya (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.asianchamber-hou.org

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

The Asian Chamber Of Commerce's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.asianchamber-hou.org

Learn more at the official website: www.asianchamber-hou.org

Mission Statement of The Asian Chamber Of Commerce

The Asian Chamber of Commerce, as an organization, is dedicated to fostering commerce between Asian American businesses and Asian countries. To achieve this, they host a variety of events, primarily luncheons, seminars, and networking sessions. These events serve as platforms for establishing commercial connections within the Asian community, thereby promoting business growth and collaborations. The chamber's mission is to bridge the gap between Asian businesses and their international counterparts, thereby promoting commerce on a global scale.

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Impact




October, 2024

The Asian Chamber of Commerce significantly enhances commercial connections among Asian American businesses and between these businesses and Asian countries. Through a variety of networking events—such as monthly luncheons, seminars, and other gatherings—this organization fosters relationships that drive economic growth and collaboration within the Asian community.

By creating platforms for dialogue and partnership, the chamber promotes mutual understanding and shared opportunities, which are essential for success in an increasingly global economy. Its activities not only strengthen the bonds within the community but also contribute to broader community improvement in Houston and beyond, facilitating greater participation of Asian American businesses in regional and global markets. The impact of these efforts can be seen in the growth and sustainability of businesses that leverage these connections to thrive.




This information is meant to be a general summary of The Asian 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
$436,956 (2021)
Expenses
$323,780 (2021)
Efficiency

Other financial information:

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

  • Investment Income: $49
  • Program Service Revenue: $161,566
  • Gross Receipts: $621,979

Assets and Liabilities:

  • Total Assets: $704,275
  • Total Liabilities: $175,649
  • Net Assets: $528,626

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Programs

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

NETWORKING/RECEPTION

Revenue

$157,406

LUNCHEON

Revenue

$4,160

Organization Details

Founding Year

1990

Principal Officer

May Wang

Main Address

3535 BRIARPARK DR STE 108, HOUSTON, TX, 77042

NTEE Category

Code: S41 - Community improvement

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