Association of Asian American Investment Managers

EIN: 611929006 501(c)(3) Community Improvement

San Francisco, CA

Total Revenue
$1,921,346
Total Expenses
$1,705,316
Total Assets
$2,228,584
Net Assets
$1,838,084
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Tax Period
2024-01-01 to 2024-12-31

Association of Asian American Investment Managers, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.7M left a modest 11% surplus.

Mission

Founded in the Year 2006, the Association of Asian American Investment Managers AAAIM is a national trade association dedicated to the advance of AAPIs Asian Americans & Pacific-Islanders in the asset management industry. AAAIM supports those trying to access top positions at major investment firms while also promoting an entrepreneurial route for investment managers that start their own firms. AAAIM is committed to providing an association that creates an educational forum for sharing expertise within the AAPI investment community to build a pipeline of next generation leaders by encouraging more AAPI students to enter the field and to serve as a catalyst for strategic relationships between AAPI managers and institutional investors.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,555,873
Program Service Revenue $345,952
Investment Income $19,521
Other Revenue $0
TOTAL REVENUE $1,921,346

Expense Breakdown

Grants Paid $3,090
Salaries & Benefits $608,397
Fundraising Expenses $170,223
Program Expenses $1,069,950
Other Expenses $1,093,829
TOTAL EXPENSES $1,705,316

Year-over-Year Comparison

2024 2023 Change
Revenue $1,921,346 $1,767,969 +0.1%
Expenses $1,705,316 $1,413,826 +0.2%
Net Income $216,030 $354,143 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
N/A
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
2
$455,250
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jim Park CEO 40.00
Officer
$354,882 $0 $354,882
Catherine Canlas Vice President 40.00
Officer
$100,368 $0 $100,368
Brenda Chia Chairman 1.00
Director
$0 $0 $0
Gordon Liao Chairman 1.00
Director
$0 $0 $0
William Park Director 1.00
Director
$0 $0 $0
Prashant Mehrotra Director 1.00
Director
$0 $0 $0
Susan Soh Director 1.00
Director
$0 $0 $0
David Lam Director 1.00
Director
$0 $0 $0
Johnny Wu Director 1.00
Director
$0 $0 $0
Sanjiv Shah Chairman 1.00
Director
$0 $0 $0
Suzanne Wong Treasurer 1.00
Director
$0 $0 $0
York Lo Director 1.00
Director
$0 $0 $0
Deepa Patil Madhani Director 1.00
Director
$0 $0 $0
Sammy Suzuki Director 1.00
Director
$0 $0 $0
Sona Menon Director 1.00
Director
$0 $0 $0
David Sheng Director 1.00
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 $1,921,346 $1,705,316 $2,228,584 $216,030
2023 $1,767,969 $1,413,826 $1,790,136 $354,143
2022 $1,477,064 $1,379,247 $1,438,911 $97,817
2021 $951,076 $815,709 $1,237,344 $135,367
2020 $373,635 $331,894 $1,099,729 $41,741
2019 $29,393 $128,075 $992,986 $-98,682
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