Civic Intelligence

Asiam Community Development Inc

990 • Fiscal year 2010 • EIN 26-0393429

Jan 01, 2010 to Dec 31, 2010 • Filed on Jul 29, 2011

700 East Palisade Avenue07632
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.64x

Higher debt load relative to assets than 80% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$2,667,996

No earlier filing loaded for comparison.

Net Assets

$955,339

No earlier filing loaded for comparison.

Liabilities

$1,712,657

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$210,514

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,667,996Liabilities 2010: $1,712,657Net Assets 2010: $955,3392010Assets 2011: $2,671,292Liabilities 2011: $1,670,180Net Assets 2011: $1,001,1122011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2010

Assets$2,667,996
Liabilities$1,712,657
Net Assets$955,339

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0Expenses 2010: $210,5142010Expenses 2011: $207,8112011Expenses 2012: $118,0902012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014

Highlighted filing

2010

Revenue-
Expenses$210,514
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Jul 29, 2011
Return Version
2010v3.2
Gross Receipts
$253,807
Mission and Program Overview

Major Activities

Activity 2
From and after 2011, the organization also intends to make grants to other charitable organizations to the extent that it has funds available to do so.
Filing and Contact Details

Filer

EIN
26-0393429
Raw XML Appendix320 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPartnership0false
IRS990/Activity2/Description0FROM AND AFTER 2011, THE ORGANIZATION ALSO INTENDS TO MAKE GRANTS TO OTHER CHARITABLE ORGANIZATIONS TO THE EXTENT THAT IT HAS FUNDS AVAILABLE TO DO SO.
IRS990/ActivityOrMissionDescription0Development of Community Center
IRS990/AddressPrincipalOfficerUS/AddressLine10147 TRUMAN DRIVE
IRS990/AddressPrincipalOfficerUS/City0CRESSKILL
IRS990/AddressPrincipalOfficerUS/State0NJ
IRS990/AddressPrincipalOfficerUS/ZIPCode007626
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IRS990/CapStckTrstPrinCurrentFunds/EOY0955339
IRS990/CashNonInterestBearing/BOY024690
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IRS990/DescribedIn501C30true
IRS990/Description0THE ORGANIZATION OWNS A BUILDING LOCATED IN PALISADES PARK, NEW JERSEY, WHICH THE ORGANIZATION ACQUIRED FOR THE PURPOSE OF DEVELOPING A COMMUNITY CENTER FOR THE GENERAL PUBLIC. THE ORGANIZATION HAS BEEN UNABLE TO OBTAIN A REAL ESTATE TAX ADJUSTMENT FROM LOCAL AUTHORITIES AND IS UNWILLING TO CONTINUE THE PROJECT WITHOUT LOCAL GOVERNMENT SUPPORT. THE ORGANIZATION IS SEEKING TO SELL THE BUILDING AND ACQUIRE A SUBSTITUTE BUILDING TO SERVE ITS CHARITABLE PURPOSE, BUT HAS BEEN UNABLE TO DO SO IN THE CURRENT ECONOMIC ENVIRONMENT. THE BUILDING HAS BEEN VACANT SINCE ITS DATE OF PURCHASE BY THE ORGANIZATION.
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IRS990/Form990PartVIISectionA/AverageHoursPerWeek20.25
IRS990/Form990PartVIISectionA/AverageHoursPerWeek30.25
IRS990/Form990PartVIISectionA/AverageHoursPerWeek40.25
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IRS990/Form990PartVIISectionA/NamePerson3EDWARD C YU
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IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization21950
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/Title0Trustee & President
IRS990/Form990PartVIISectionA/Title1Trustee & Secretary
IRS990/Form990PartVIISectionA/Title2Trustee & Treasurer
IRS990/Form990PartVIISectionA/Title3Trustee
IRS990/Form990PartVIISectionA/Title4Trustee
IRS990/Form990ProvidedToGoverningBody0false
IRS990/FormersListed0false
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IRS990/FundsToPayPremiums0false
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts0253807
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
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IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartVII0X
IRS990/Interest/Fundraising00
IRS990/Interest/ManagementAndGeneral00
IRS990/Interest/ProgramServices0145405
IRS990/Interest/Total0145405
IRS990/InvestmentIncomeCurrentYear07
IRS990/InvestmentIncome/ExclusionAmount07
IRS990/InvestmentIncomePriorYear033
IRS990/InvestmentIncome/TotalRevenueColumn07
IRS990/InvestmentInJointVenture0false
IRS990/LandBuildingsEquipmentBasis02616209
IRS990/LandBuildingsEquipmentBasisNet/BOY02616209
IRS990/LandBuildingsEquipmentBasisNet/EOY02616209
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0Development of Community Center
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/MortNotesPyblSecuredInvestProp/BOY01755142
IRS990/MortNotesPyblSecuredInvestProp/EOY01712657
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IRS990/NbrIndependentVotingMembers05
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IRS990/NbrVotingMembersGoverningBody05
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IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109600
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IRS990/NumberW2GIncluded00
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IRS990/Occupancy/Total058162
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IRS990/OfficerMailingAddress0false
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY013552
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IRS990/OtherExpensePriorYear0208173
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IRS990/OtherExpenses/Fundraising00
IRS990/OtherExpenses/ManagementAndGeneral0944
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IRS990/OtherExpenses/Total0944
IRS990/OtherRevenueCurrentYear00
IRS990/PartialLiquidation0false
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY00
IRS990/ProhibitedTaxShelterTrans0false
IRS990/QuidProQuoContributions0false
IRS990/ReconcilationRevenueExpenses043293
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
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IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY043293
IRS990/RevenuesLessExpensesPriorYear034860
IRS990/SalariesEtcCurrentYear00
IRS990/SavingsAndTempCashInvestments/BOY012737
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IRS990ScheduleA/First5Years1700X
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0253800
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IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0173000
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years01003500
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IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years0688
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IRS990ScheduleA/InvestmentIncomePercentage00
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IRS990ScheduleA/PublicSupportPercentage50900
IRS990ScheduleA/PublicSupportPertcentage17000
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
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IRS990ScheduleD/Buildings/BookValue01593271
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IRS990ScheduleD/TotalOfBookValueLandBuildings02616209
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0Sam S. Kim and Sunwoo Kim, both Trustees of the organization, are husband and wife
IRS990ScheduleO/GeneralExplanation/Explanation1Form 990 is prepared by one of the organization's trustees (a CPA) and reviewed by its President
IRS990ScheduleO/GeneralExplanation/Explanation2Documents are provided upon request of interested parties
IRS990ScheduleO/GeneralExplanation/Identifier0Pt VI-A, Line 2
IRS990ScheduleO/GeneralExplanation/Identifier1Pt VI-B, Line 11a
IRS990ScheduleO/GeneralExplanation/Identifier2Pt VI-C, Line 19
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IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine10700 EAST PALISADE AVENUE
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IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/ZIPCode007632
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IRS990ScheduleR/Form990ScheduleRPartI/NameOfDisregardedEntity/BusinessNameLine10225 COMMERCIAL AVENUE REALTY LLC
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IRS990/TheBooksAreInCareOf/AddressUS/State0NJ
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode007632
IRS990/TheBooksAreInCareOf/NamePerson0SAM S KIM
IRS990/TheBooksAreInCareOf/TelephoneNumber02015675050
IRS990/TotalAssets/BOY02667188
IRS990/TotalAssetsBOY02667188
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IRS990/TotalCompGT150K0false
IRS990/TotalContributions0253800
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IRS990/TotalFunctionalExpenses/Fundraising00
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IRS990/TotalGrossUBI00
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IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers01
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IRS990/TotalProfFundrsngExpCY00
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IRS990/TotalRevenueCurrentYear0253807
IRS990/TotalRevenue/ExclusionAmount07
IRS990/TotalRevenuePriorYear0243033
IRS990/TotalRevenue/TotalRevenueColumn0253807
IRS990/TransactionRelatedEntity0false
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UponRequest0X
IRS990/WebSite0N/A
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation02007
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0260393429
ReturnHeader/Filer/Name/BusinessNameLine10ASIAM COMMUNITY DEVELOPMENT INC
ReturnHeader/Filer/NameControl0ASIA
ReturnHeader/Filer/Phone02015675050
ReturnHeader/Filer/USAddress/AddressLine10700 EAST PALISADE AVENUE
ReturnHeader/Filer/USAddress/City0ENGLEWOOD CLIFFS
ReturnHeader/Filer/USAddress/State0NJ
ReturnHeader/Filer/USAddress/ZIPCode007632
ReturnHeader/Officer/DateSigned02011-07-29
ReturnHeader/Officer/Name0SAM S KIM
ReturnHeader/Officer/Phone02015675050
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02011-07-25
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10JAMES B VAN EPPS ESQ
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine107 CEDAR STREET SUITE C
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0SUMMIT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NJ
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode007901
ReturnHeader/Preparer/Name0JAMES B VAN EPPS ESQ
ReturnHeader/Preparer/Phone09089189100
ReturnHeader/Preparer/SelfEmployed0X
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02010-01-01
ReturnHeader/TaxPeriodEndDate02010-12-31
ReturnHeader/TaxYear02010
ReturnHeader/Timestamp02011-08-10T08:44:04-07:00

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