CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE

EIN: 383737264 Community Improvement

SACRAMENTO, CA

Total Revenue
$4,199,097
Total Expenses
$3,449,318
Total Assets
$3,924,714
Net Assets
$3,285,677
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
PAT FONG KUSHIDA
Phone
9164467883
Tax Period
2023-01-01 to 2023-12-31

CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $4.2M in total revenue in fiscal year 2023. The organization ran a surplus of $750K, a strong 18% operating margin.

Mission

TO GROW AND EMPOWER THE ASIAN PACIFIC ISLANDER BUSINESS COMMUNITY THROUGHOUT CALIFORNIA THROUGH ACCESS, EDUCATION AND OPPORTUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,112,507
Program Service Revenue $1,052,367
Investment Income $34,223
Other Revenue $0
TOTAL REVENUE $4,199,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $3,449,318
TOTAL EXPENSES $3,449,318

Year-over-Year Comparison

2023 2022 Change
Revenue $4,199,097 $4,026,976 +0.0%
Expenses $3,449,318 $3,312,997 +0.0%
Net Income $749,779 $713,979 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
34
Independent Members
34
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHERIN BORG DIRECTOR 1.00
Director
$0 $0 $0
KARA BUSH DIRECTOR 0.50
Director
$0 $0 $0
TIM YAMAUCHI DIRECTOR 1.00
Director
$0 $0 $0
KATHY MCKIM PAST CHAIR 1.00
Officer Director
$0 $0 $0
JASON CHAN DIRECTOR 0.50
Director
$0 $0 $0
RENA DAVIS DIRECTOR 0.50
Director
$0 $0 $0
PETER KENNY DIRECTOR 0.50
Director
$0 $0 $0
HEIDI BARSUGLIA DIRECTOR AT LARGE 0.50
Director
$0 $0 $0
GEORGE TANAKA DIRECTOR AT LARGE 0.50
Director
$0 $0 $0
PAPIA GAMBELINE DIRECTOR 0.50
Director
$0 $0 $0
ED MANNING DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL KORPIEL DIRECTOR 0.50
Director
$0 $0 $0
JOHN GUTIERREZ CHAIR 2.00
Officer Director
$0 $0 $0
PRADIP KHEMANI DIRECTOR 0.50
Director
$0 $0 $0
LUPA DE LA CRUZ DIRECTOR AT LARGE 0.50
Director
$0 $0 $0
LEONOR DICDICAN DIRECTOR 0.50
Director
$0 $0 $0
KEVIN LOSCOTOFF DIRECTOR 0.50
Director
$0 $0 $0
PRISCILLA LIM DIRECTOR 0.50
Director
$0 $0 $0
LAMABERT HSU INCOMING CHAIR 0.50
Officer Director
$0 $0 $0
HENRY LI TREASURER 0.50
Officer Director
$0 $0 $0
BILL MUELLER DIRECTOR 0.50
Director
$0 $0 $0
FLOREINE KAHN DIRECTOR 0.50
Director
$0 $0 $0
MONA ROGERS DIRECTOR 0.50
Director
$0 $0 $0
JOHN YUNG SECRETARY 0.50
Officer Director
$0 $0 $0
MALCOLM MCFARLAND DIRECTOR 0.50
Director
$0 $0 $0
RON WONG DIRECTOR 0.50
Director
$0 $0 $0
AIKO YAMAKAWA DIRECTOR 0.50
Director
$0 $0 $0
KENT KAUSS DIRECTOR 0.50
Director
$0 $0 $0
MELINDA YEE FRANKLIN DIRECTOR 0.50
Director
$0 $0 $0
JEFF STIGER DIRECTOR 0.50
Director
$0 $0 $0
KATHRYN SCOTT DIRECTOR 0.50
Director
$0 $0 $0
JOHN TANG DIRECTOR AT LARGE 0.50
Director
$0 $0 $0
KAREN WOODRUFF DIRECTOR 0.50
Director
$0 $0 $0
DR WHITNEY YAMAMURA DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,199,097 $3,449,318 $3,924,714 $749,779
2022 $4,026,976 $3,312,997 $3,142,557 $713,979
2021 $3,895,620 $2,837,822 $2,371,070 $1,057,798
2020 $3,262,617 $2,794,818 $1,117,877 $467,799
2019 $2,521,441 $2,110,256 $692,842 $411,185
2018 $1,644,282 $1,753,194 $217,545 $-108,912
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