Civic Intelligence

Ahsc Qalicb

990 • Fiscal year 2024 • EIN 81-4978022

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 22, 2024

9035 SE Foster RdPortland, OR 97266

(503) 872-8822

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

4th percentile

-79%

Higher net margin than 4% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$193,520

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 34.5% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

1st percentile

-99%

Faster asset growth than 1% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-8.3%

Faster revenue growth than 26% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$86,853

Down $13,954,524 (-99%) from 2023

Net Assets

Up

$86,853

Up $248,666 (+154%) from 2023

Liabilities

Down

$0

Down $14,203,190 (-100%) from 2023

Revenue

Down

$560,150

Down $50,923 (-8.3%) from 2023

Expenses

Up

$1,003,610

Up $56,741 (+6.0%) from 2023

Net Income

Down

-$443,460

Down $107,664 (-32%) from 2023

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2017: $14,805,008Liabilities 2017: $14,354,213Net Assets 2017: $450,7952017Assets 2018: $16,470,823Liabilities 2018: $15,465,320Net Assets 2018: $1,005,5032018Assets 2019: $15,076,717Liabilities 2019: $14,126,539Net Assets 2019: $950,1782019Assets 2020: $14,844,738Liabilities 2020: $14,144,247Net Assets 2020: $700,4912020Assets 2021: $14,608,268Liabilities 2021: $14,162,025Net Assets 2021: $446,2432021Assets 2022: $14,353,857Liabilities 2022: $14,179,874Net Assets 2022: $173,9832022Assets 2023: $14,041,377Liabilities 2023: $14,203,190Net Assets 2023: -$161,8132023Assets 2024: $86,853Liabilities 2024: $0Net Assets 2024: $86,8532024Assets 2025: $74,096Liabilities 2025: $0Net Assets 2025: $74,0962025

Highlighted filing

2024

Assets$86,853
Liabilities$0
Net Assets$86,853

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $344,340Expenses 2017: $27,217Net Income 2017: $317,1232017Revenue 2018: $604,708Expenses 2018: $50,000Net Income 2018: $554,7082018Revenue 2019: $611,073Expenses 2019: $666,398Net Income 2019: -$55,3252019Revenue 2020: $611,073Expenses 2020: $860,760Net Income 2020: -$249,6872020Revenue 2021: $611,073Expenses 2021: $865,321Net Income 2021: -$254,2482021Revenue 2022: $611,073Expenses 2022: $883,333Net Income 2022: -$272,2602022Revenue 2023: $611,073Expenses 2023: $946,869Net Income 2023: -$335,7962023Revenue 2024: $560,150Expenses 2024: $1,003,610Net Income 2024: -$443,4602024Revenue 2025: $0Expenses 2025: $12,757Net Income 2025: -$12,7572025

Highlighted filing

2024

Revenue$560,150
Expenses$1,003,610
Net Income-$443,460
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 22, 2024
Return Version
2023v5.1
Gross Receipts
$560,150
Mission and Program Overview

Mission

The corporation's primary mission is to acquire and develop a health and service center that includes a health clinic, offices, and community space for classes, meal programs, and other community activities.

To acquire and develop a health and service center that will include a health clinic, offices and community space for classes, meal programs, and other community activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,350,754--
Cash and Non-Interest-Bearing Accounts$398,884$86,653▼ $312,231
Prepaid Expenses and Deferred Charges$200$200→ $0
Other Assets Total$1,291,539$0▼ $1,291,539
Total Assets$14,041,377$86,853▼ $13,954,524
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,183,516--
Deferred Revenue$14,280--
Accounts Payable and Accrued Expenses$5,394--
Total Liabilities$14,203,190$0▼ $14,203,190
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-161,813$86,853▲ $248,666
Total Net Assets Fund Balance$-161,813$86,853▲ $248,666
Total Liabilities and Net Assets / Fund Balance$14,041,377$86,853▼ $13,954,524
Compensation and Service Providers

Board Members and Trustees

NameTitle
Holden LeungPresident
John LauDirector
Dr Paul LeungSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$560,150
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-443,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$723,610
Grants and Similar Amounts Paid$280,000
Total Fundraising Expense$21,731
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$217,308$123,141$21,731$362,180
Grants to Domestic Orgs$280,000--$280,000
Interest-$186,960-$186,960
Fees for Services Other-$171,721-$171,721
Insurance-$2,401-$2,401
Other Expenses-$348-$348
Total Functional Expenses$497,308$484,571$21,731$1,003,610
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Asian Health and Service CenterPortland, OR501(c)3Operating Support$280,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization provides a copy of form 990 to the board for review.

Form 990, Part VI, Section B, Line 12C

Each board member is provided a copy of the policy annually and it is reviewed at the annual meeting.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Ahsc Qalicb
EIN
81-4978022
Phone
5038728822
Address
9035 SE FOSTER RD, PORTLAND, OR 97266

Signing Officer

Name
Holden Leung
Title
President
Phone
5038728822
Signed
2024-11-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holden Leung
Formed
2016
Legal Domicile
Or
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Hoffman Stewart & Schmidt Pc
Address
3 CENTERPOINTE DRIVE SUITE 300, LAKE OSWEGO, OR 97035-8663
Preparer
Todd D Massinger
Phone
5032205900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 0. Management and general expenses 171,721. Fundraising expenses 0. Total expenses 171,721.

FORM 990, PART XI, LINE 9:

Unwind of nmtc project 692,126.

Form 990, Part XII, Line 2C

No changes have been made from the prior year.

Financial Statement Notes

PART X, LINE 2:

Management does not believe the organization has taken any uncertain tax positions.

Raw XML AppendixShowing 400 of 422 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.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION IS IDENTIFIED ON SCHEDULE A, PART I. THE ORGANIZATION HAS THE SAME MISSION AS ITS SUPPORTED ORGANIZATION BY ACQUIRING AND DEVELOPING A HEALTH AND SERVICE CENTER THAT WILL INCLUDE A HEALTH CLINIC, OFFICES, AND COMMUNITY SPACE FOR CLASSES, MEAL PROGRAMS, AND OTHER COMMNITY ACTIVITIES. FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 2B THE ORGANIZATION'S INVOLVEMENT WITH THE SUPPORTED ORGANIZATION IS REQUIRED BY THE NEW MARKETS TAX CREDIT PROGRAM REGULATIONS. THE SUPPORTED ORGANIZATION WOULD HAVE OTHERWISE ENGAGED IN THE SAME ACTIVITIES IF NOT FOR THE ROLE OF THE ORGANIZATION.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AHSC QALICB IS A SUPPORTING ORGANIZATION FOR ASIAN HEALTH AND SERVICE CENTER. AS SUCH, PERIODIC GRANTS ARE MADE TO THIS ORGANIZATION.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HOLDEN LEUNG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0193520
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0PROPERTY AND EQUIPMENT TRANSFERRED TO SUPPORTED 501(C)3 ORGANIZATION UPON UNWIND OF NEW MARKETS TAX CREDIT
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0ASIAN HEALTH AND SERVICE CENTER
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02024-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0931192100
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt013506313
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)3
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0COST
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt09035 SE FOSTER RD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0PORTLAND
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0OR
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd097266
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES A COPY OF FORM 990 TO THE BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER IS PROVIDED A COPY OF THE POLICY ANNUALLY AND IT IS REVIEWED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 171,721. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 171,721.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNWIND OF NMTC PROJECT 692,126.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES HAVE BEEN MADE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd01
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ASIAN HEALTH AND SERVICE CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0931192100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HEALTH AND SOCIAL SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09035 SE FOSTER RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PORTLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd097266
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0280000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1560150
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt213506313
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL PAYMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL PAYMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ASIAN HEALTH AND SERVICE CENTER
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ASIAN HEALTH AND SERVICE CENTER
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ASIAN HEALTH AND SERVICE CENTER
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2I
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt014041377
IRS990/TotalAssetsEOYAmt086853
IRS990/TotalAssetsGrp/BOYAmt014041377
IRS990/TotalAssetsGrp/EOYAmt086853
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021731
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0484571
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0497308
IRS990/TotalFunctionalExpensesGrp/TotalAmt01003610
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014203190
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt014203190
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-161813
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt086853
IRS990/TotalOtherCompensationAmt07890
IRS990/TotalProgramServiceExpensesAmt0497308
IRS990/TotalProgramServiceRevenueAmt0560150
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0560150
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0560150
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014041377
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt086853
IRS990/TotReportableCompRltdOrgAmt0185630
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09035 SE FOSTER RD
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097266
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.AHSCPDX.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HOLDEN LEUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05038728822
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-22

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