Civic Intelligence

Asian Inc.

990 • Fiscal year 2019 • EIN 94-1753170

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileWWW.ASIANINC.ORG
1167 MISSION ST 4TH FloorSan Francisco, CA 94103

(415) 928-5910

Siviq Scores

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

Liabilities / Assets

81st percentile

0.59x

Higher debt load relative to assets than 81% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

1.45x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

61st percentile

7.0%

Higher net margin than 61% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

73rd percentile

$186,821

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

46th percentile

2.1%

Faster asset growth than 46% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

8.8%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$8,818,957

Up $181,027 (+2.1%) from 2018

Net Assets

Up

$3,575,653

Up $254,976 (+7.7%) from 2018

Liabilities

Down

$5,243,304

Down $73,949 (-1.4%) from 2018

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin61st percentile

Revenue

Up

$3,628,497

Up $293,611 (+8.8%) from 2018

Expenses

Up

$3,373,521

Up $285,682 (+9.3%) from 2018

Net Income

Up

$254,976

Up $7,929 (+3.2%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$15M$10M$5.0M$0Assets 2010: $5,945,066Liabilities 2010: $3,810,164Net Assets 2010: $2,134,9022010Assets 2011: $9,554,677Liabilities 2011: $6,087,435Net Assets 2011: $3,467,2422011Assets 2012: $8,849,622Liabilities 2012: $5,768,441Net Assets 2012: $3,081,1812012Assets 2013: $8,472,641Liabilities 2013: $6,020,240Net Assets 2013: $2,452,4012013Assets 2014: $9,145,415Liabilities 2014: $6,812,784Net Assets 2014: $2,332,6312014Assets 2015: $7,305,375Liabilities 2015: $4,416,487Net Assets 2015: $2,888,8882015Assets 2016: $9,036,099Liabilities 2016: $5,744,661Net Assets 2016: $3,291,4382016Assets 2017: $8,638,078Liabilities 2017: $5,518,235Net Assets 2017: $3,119,8432017Assets 2018: $8,637,930Liabilities 2018: $5,317,253Net Assets 2018: $3,320,6772018Assets 2019: $8,818,957Liabilities 2019: $5,243,304Net Assets 2019: $3,575,6532019Assets 2020: $10,510,576Liabilities 2020: $6,160,985Net Assets 2020: $4,349,5912020Assets 2021: $12,344,249Liabilities 2021: $6,616,310Net Assets 2021: $5,727,9392021Assets 2022: $13,642,103Liabilities 2022: $7,573,221Net Assets 2022: $6,068,8822022Assets 2023: $13,830,227Liabilities 2023: $7,483,361Net Assets 2023: $6,346,8662023Assets 2024: $14,814,259Liabilities 2024: $7,260,354Net Assets 2024: $7,553,9052024

Highlighted filing

2019

Assets$8,818,957
Liabilities$5,243,304
Net Assets$3,575,653
Open 2019 Filing

Operations Trend

Revenue Growth63rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $2,441,588Expenses 2010: $2,263,947Net Income 2010: $177,6412010Revenue 2011: $3,670,752Expenses 2011: $3,170,660Net Income 2011: $500,0922011Revenue 2012: $3,393,828Expenses 2012: $3,544,391Net Income 2012: -$150,5632012Revenue 2013: $2,835,712Expenses 2013: $3,167,308Net Income 2013: -$331,5962013Revenue 2014: $3,197,781Expenses 2014: $3,317,662Net Income 2014: -$119,8812014Revenue 2015: $3,381,551Expenses 2015: $3,229,827Net Income 2015: $151,7242015Revenue 2016: $3,532,087Expenses 2016: $3,129,537Net Income 2016: $402,5502016Revenue 2017: $3,253,236Expenses 2017: $3,166,332Net Income 2017: $86,9042017Revenue 2018: $3,334,886Expenses 2018: $3,087,839Net Income 2018: $247,0472018Revenue 2019: $3,628,497Expenses 2019: $3,373,521Net Income 2019: $254,9762019Revenue 2020: $4,378,715Expenses 2020: $3,604,777Net Income 2020: $773,9382020Revenue 2021: $4,897,792Expenses 2021: $3,519,444Net Income 2021: $1,378,3482021Revenue 2022: $4,447,185Expenses 2022: $4,072,368Net Income 2022: $374,8172022Revenue 2023: $4,287,646Expenses 2023: $4,009,662Net Income 2023: $277,9842023Revenue 2024: $5,561,637Expenses 2024: $4,381,533Net Income 2024: $1,180,1042024

Highlighted filing

2019

Revenue$3,628,497
Expenses$3,373,521
Net Income$254,976
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$3,997,893
Mission and Program Overview

Mission

The core mission of ASIAN, Inc. is the empowerment of the Asian American Community to achieve social equality by reducing dependency to create and expand access to opportunities in the areas of business development, housing and education.

The core mission of ASIAN, Inc. is the empowerment of the Asian American Community to achieve social equality by reducing dependency to create and expand access to opportunities in the areas of business development, housing and education. The most significant activities include technical assistance and research for strengthening the infrastructures of Asian American Communities in Northern California and to assist in their physical, economic, and social development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,552,089$3,541,718▼ $10,371
Accounts Receivable$1,617,097$1,774,378▲ $157,281
Cash and Non-Interest-Bearing Accounts$1,721,458$1,539,834▼ $181,624
Other Notes and Loans Receivable, Net$977,416$1,217,269▲ $239,853
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$8,637,930$8,818,957▲ $181,027
Other Assets Total$769,870$745,758▼ $24,112
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,200,841$4,171,067▼ $29,774
Other Liabilities$670,231$611,070▼ $59,161
Accounts Payable and Accrued Expenses$445,129$460,108▲ $14,979
Escrow Account Liability$1,052$1,059▲ $7
Total Liabilities$5,317,253$5,243,304▼ $73,949
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,899,801$3,154,777▲ $254,976
Net Assets With Donor Restrictions$420,876$420,876→ $0
Total Net Assets Fund Balance$3,320,677$3,575,653▲ $254,976
Total Liabilities and Net Assets / Fund Balance$8,637,930$8,818,957▲ $181,027

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,546,864$711,178$3,258,042
Land$983,492-$983,492
Equipment$11,362$78,856$90,218
Other Land Buildings-$12,217$12,217
Other Assets Org$68,985--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael ChanPresidentFT$169,770$17,051$186,821
Lamar HeystekVice PresidentFT$100,000$12,000$112,000
Herbert QuanDirector OF OPFT$85,000$10,200$95,200

Board Members and Trustees

NameTitle
Frank FungChairman
Robert LoVice-chair
Aubri BryanBoard Member
Greg MarutaniBoard member
Jonathan LeongBoard Member
Roger RoyseBoard Member
Yihou HanBoard Member
Christina CiuSecretary
Betty LemTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$175,507
Program Service Revenue
$2,877,768
Investment Income
$23,180
Other Revenue
$552,042
All Other Contributions
$114,863
Change in Net Assets
$254,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,358,354
Other Expenses$1,015,167
Total Fundraising Expense$49,223
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,355,473$195,249$29,864$1,580,586
Occupancy$338,224$62,986$189$401,399
Current Officers, Directors, Trustees, and Key Employees$290,861$103,160-$394,021
Fees for Services Other$337,864$11,280$8,343$357,487
Payroll Taxes$135,873$26,484$2,650$165,007
Other Employee Benefits$106,513$44,341$231$151,085
Pension Plan Contributions$45,069$21,226$1,360$67,655
Travel$55,034$2,555$1,115$58,704
Fees for Services Accounting-$48,007-$48,007
Office Expenses$25,292$10,198$1,152$36,642
Insurance$6,061$24,221-$30,282
Interest$8,345$12,796-$21,141
Depreciation Depletion$8,707$1,659$5$10,371
All Other Expenses$4,983$790$2,316$8,089
Other Expenses$2,494$1,472$1,360$3,966
Total Functional Expenses$2,742,972$581,326$49,223$3,373,521
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$70,402
Fundraising Gross Income$70,402
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$131,046$70,402$70,402$0
Total Events$131,046$70,402$70,402-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$477,259
Line of Credit$133,811
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

“The outside, independent cpa prepares the form 990, the board members review the form 990 before filing it.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The conflict of interest policy is monitored and reviewed by the board annually and signed in order to show compliance.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The compensation of the top management official (the president) is determined by a compensation and benefits survey report for nonprofits as well as a review and approval by the board of directors.the other officers or key employees' compensations are determined, reviewed and approved by the president.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Asian Inc
EIN
94-1753170
Phone
4159285910
Address
1167 MISSION ST 4TH Floor, SAN FRANCISCO, CA 94103

Signing Officer

Name
Lamar Heystek
Title
Vice President
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lamar Heystek
Formed
1971
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
45
Volunteers
17

Preparer

Firm
Chek Tan and Company Llp
Address
309 4TH AVE STE 300, SAN FRANCISCO, CA 94118
Preparer
Yunyu Huang
Phone
4156738573
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B: Explanation of escrow account liability

“ASIAN, Inc. holds certain accounts in trust for others in the course of its affordable housing program operations. The balances consist of tenant deposits and operating accounts for affiliates for which ASIAN, Inc. serves as property manager.”

Part X : FIN48 Footnote

“ASIAN, Inc. and its nonprofit Affiliates NHRC II, NHRC III, NHCR IV, Minna Inc., Van Ness Inc., Natoma Inc., and O'Farrell Inc. are exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. The limited partnerships: Natoma LP, Van Ness LP, Minna LP, Turk LP, Lassen LP, and Post LP, are pass-through entities not subject to income taxation except for the annual California limited partnership fee of $800. All taxable income,deductions, and tax credits are passed to, and are reportable by the partners individually. In 2019, the partnerships paid $4,800 in California limited partnership fees.Generally accepted accounting principles provides accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by ASIAN, Inc. in its federal and state tax returns are more likely than not to be sustained upon examination. ASIAN, Inc.'s respective returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.”

Raw XML AppendixShowing 400 of 869 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0445129
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0460108
IRS990/AccountsReceivableGrp/BOYAmt01617097
IRS990/AccountsReceivableGrp/EOYAmt01774378
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The core mission of ASIAN, Inc. is the empowerment of the Asian American Community to achieve social equality by reducing dependency to create and expand access to opportunities in the areas of business development, housing and education. The most significant activities include technical assistance and research for strengthening the infrastructures of Asian American Communities in Northern California and to assist in their physical, economic, and social development.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0114863
IRS990/AllOtherExpensesGrp/FundraisingAmt02316
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0790
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04983
IRS990/AllOtherExpensesGrp/TotalAmt08089
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ASIAN INC
IRS990/BooksInCareOfDetail/PhoneNum04159285910
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01167 MISSION ST 4TH Floor
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN FRANCISCO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094118
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01721458
IRS990/CashNonInterestBearingGrp/EOYAmt01539834
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0103160
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0290861
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0394021
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContriRptFundraisingEventAmt060644
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0175507
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt023180
IRS990/CYOtherExpensesAmt01015167
IRS990/CYOtherRevenueAmt0552042
IRS990/CYProgramServiceRevenueAmt02877768
IRS990/CYRevenuesLessExpensesAmt0254976
IRS990/CYSalariesCompEmpBnftPaidAmt02358354
IRS990/CYTotalExpensesAmt03373521
IRS990/CYTotalFundraisingExpenseAmt049223
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03628497
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt05
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01659
IRS990/DepreciationDepletionGrp/ProgramServicesAmt08707
IRS990/DepreciationDepletionGrp/TotalAmt010371
IRS990/Desc0HOUSING DEVELOPMENT PROGRAM DEVELOPS HOUSING PROJECTS FOR LOW-TO-MODERATE INCOME HOUSEHOLDS IN SAN FRANCISCO AND SAN JOSE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0420876
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0420876
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt045
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt01052
IRS990/EscrowAccountLiabilityGrp/EOYAmt01059
IRS990/ExpenseAmt01663233
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt048007
IRS990/FeesForServicesAccountingGrp/TotalAmt048007
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt08343
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt011280
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0337864
IRS990/FeesForServicesOtherGrp/TotalAmt0357487
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt113.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt017051
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt112000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CHAN
IRS990/Form990PartVIISectionAGrp/PersonNm1LAMAR HEYSTEK
IRS990/Form990PartVIISectionAGrp/PersonNm2HERBERT QUAN
IRS990/Form990PartVIISectionAGrp/PersonNm3FRANK FUNG
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT LO
IRS990/Form990PartVIISectionAGrp/PersonNm5GREG MARUTANI
IRS990/Form990PartVIISectionAGrp/PersonNm6AUBRI BRYAN
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTINA CIU
IRS990/Form990PartVIISectionAGrp/PersonNm8YIHOU HAN
IRS990/Form990PartVIISectionAGrp/PersonNm9JONATHAN LEONG
IRS990/Form990PartVIISectionAGrp/PersonNm10ROGER ROYSE
IRS990/Form990PartVIISectionAGrp/PersonNm11BETTY LEM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0169770
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1100000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt285000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director OF OP
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt060644
IRS990/FundraisingDirectExpensesAmt070402
IRS990/FundraisingGrossIncomeAmt070402
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03997893
IRS990/GrossRentsGrp/RealAmt0724557
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt024221
IRS990/InsuranceGrp/ProgramServicesAmt06061
IRS990/InsuranceGrp/TotalAmt030282
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt012796
IRS990/InterestGrp/ProgramServicesAmt08345
IRS990/InterestGrp/TotalAmt021141
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt023180
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023180
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0802251
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03552089
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03541718
IRS990/LandBldgEquipCostOrOtherBssAmt04343969
IRS990/LegalDomicileStateCd0CA
IRS990/LessRentalExpensesGrp/RealAmt0298994
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The core mission of ASIAN, Inc. is the empowerment of the Asian American Community to achieve social equality by reducing dependency to create and expand access to opportunities in the areas of business development, housing and education. The most significant activities include technical assistance and research for strengthening the infrastructures of Asian American Communities in Northern California and to assist in their physical, economic, and social development.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04200841
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04171067
IRS990/NetAssetsOrFundBalancesBOYAmt03320677
IRS990/NetAssetsOrFundBalancesEOYAmt03575653
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0425563
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0425563
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02899801
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03154777
IRS990/NoncashContributionsAmt03136
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0189
IRS990/OccupancyGrp/ManagementAndGeneralAmt062986
IRS990/OccupancyGrp/ProgramServicesAmt0338224
IRS990/OccupancyGrp/TotalAmt0401399
IRS990/OfficeExpensesGrp/FundraisingAmt01152
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010198
IRS990/OfficeExpensesGrp/ProgramServicesAmt025292
IRS990/OfficeExpensesGrp/TotalAmt036642
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0769870
IRS990/OtherAssetsTotalGrp/EOYAmt0745758
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0231
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt044341
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0106513
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0151085
IRS990/OtherExpensesGrp/Desc0MISC. EXPENSE
IRS990/OtherExpensesGrp/Desc1TRAINING
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt0390
IRS990/OtherExpensesGrp/FundraisingAmt1248
IRS990/OtherExpensesGrp/FundraisingAmt21360
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011659
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11267
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21976
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31472
IRS990/OtherExpensesGrp/ProgramServicesAmt04657
IRS990/OtherExpensesGrp/ProgramServicesAmt110023
IRS990/OtherExpensesGrp/ProgramServicesAmt27499
IRS990/OtherExpensesGrp/ProgramServicesAmt32494
IRS990/OtherExpensesGrp/TotalAmt016706
IRS990/OtherExpensesGrp/TotalAmt111538
IRS990/OtherExpensesGrp/TotalAmt210835
IRS990/OtherExpensesGrp/TotalAmt33966
IRS990/OtherLiabilitiesGrp/BOYAmt0670231
IRS990/OtherLiabilitiesGrp/EOYAmt0611070
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0126479
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0126479
IRS990/OtherRevenueTotalAmt0126479
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt029864
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0195249
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01355473
IRS990/OtherSalariesAndWagesGrp/TotalAmt01580586
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0977416
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01217269
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02650
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026484
IRS990/PayrollTaxesGrp/ProgramServicesAmt0135873
IRS990/PayrollTaxesGrp/TotalAmt0165007
IRS990/PensionPlanContributionsGrp/FundraisingAmt01360
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021226
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt045069
IRS990/PensionPlanContributionsGrp/TotalAmt067655
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Lamar Heystek
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/Desc0ASSET MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt084480
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12099701
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2693587
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt084480
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12099701
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2693587
IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENT PROVIDES MANAGEMENT AND TECHNICAL ASSISTANCE PRIMARILY TO A VARIETY OF SMALL AND LARGER ASIAN AMERICAN AND OTHER MINORITY BUSINESSES AND IS FUNDED BY FEDERAL MBDA, DEPARTMENT OF COMMERCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01079739
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt068271
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0278829
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019990
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0833467
IRS990/PYOtherRevenueAmt0411566
IRS990/PYProgramServiceRevenueAmt02624501
IRS990/PYRevenuesLessExpensesAmt0247047
IRS990/PYSalariesCompEmpBnftPaidAmt02254372
IRS990/PYTotalExpensesAmt03087839
IRS990/PYTotalRevenueAmt03334886
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0254976
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0425563
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02809497
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0114863
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0129400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0238783
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01281312
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01402217
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03166575
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0448743
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0399937
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0310358
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0600156

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,818,957
Liabilities
$5,243,304
Net assets
$3,575,653
Revenue
$3,628,497
Expenses
$3,373,521
Net income
$254,976
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.8$7.26$7.55$5.56$4.38$1.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$7.48$6.35$4.29$4.01$0.28
2022Detailed filing. Detailed filing data is available for this year.$13.6$7.57$6.07$4.45$4.07$0.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$6.62$5.73$4.90$3.52$1.38
2020Detailed filing. Detailed filing data is available for this year.$10.5$6.16$4.35$4.38$3.60$0.77
2019Detailed filing. Detailed filing data is available for this year.$8.82$5.24$3.58$3.63$3.37$0.25
2018Detailed filing. Detailed filing data is available for this year.$8.64$5.32$3.32$3.33$3.09$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.64$5.52$3.12$3.25$3.17$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.04$5.74$3.29$3.53$3.13$0.40
2015Detailed filing. Detailed filing data is available for this year.$7.31$4.42$2.89$3.38$3.23$0.15
2014Detailed filing. Detailed filing data is available for this year.$9.15$6.81$2.33$3.20$3.32$0.12
2013Summary only. Only limited summary data is available for this year.$8.47$6.02$2.45$2.84$3.17$0.33
2012Summary only. Only limited summary data is available for this year.$8.85$5.77$3.08$3.39$3.54$0.15
2011Summary only. Only limited summary data is available for this year.$9.55$6.09$3.47$3.67$3.17$0.50
2010Summary only. Only limited summary data is available for this year.$5.95$3.81$2.13$2.44$2.26$0.18