ASIAN PACIFIC HEALTH CARE VENTURE INC

EIN: 954177752 501(c)(3)

Los Angeles, CA

Total Revenue
$37,370,572
Total Expenses
$27,150,571
Total Assets
$57,838,017
Net Assets
$50,092,250
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
Principal Officer
Kazue Shibata
Phone
3236443880
Tax Period
2023-10-01 to 2024-09-30

ASIAN PACIFIC HEALTH CARE VENTURE INC, founded in 1987, is a mid-sized nonprofit that reported $37.4M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.2M, a strong 27% operating margin.

Mission

Asian Pacific Health Care Venture, Inc. is a family of community health centers whose mission is to be the medical home for our patients by providing personalized, quality health care services in a culturally accessible manner.

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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 $13,267,801
Program Service Revenue $21,792,260
Investment Income $1,048,509
Other Revenue $1,262,002
TOTAL REVENUE $37,370,572

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,947,678
Fundraising Expenses $0
Program Expenses $21,616,583
Other Expenses $7,202,893
TOTAL EXPENSES $27,150,571

Year-over-Year Comparison

2023 2022 Change
Revenue $37,370,572 $30,707,656 +0.2%
Expenses $27,150,571 $24,520,698 +0.1%
Net Income $10,220,001 $6,186,958 +0.7%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
189
Volunteers
5

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
3
$763,445
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kazue Shibata CEO 40
Officer
$290,695 $13,114 $303,809
Wendy Mak Physician 40
Highest
$259,870 $12,497 $272,367
Kevin Ko Physician 40
Highest
$249,409 $12,288 $261,697
Jing Deng Physician 40
Highest
$247,044 $12,241 $259,285
Kai En Tang Physician 40
Highest
$239,492 $12,090 $251,582
Raymond Goei Physician 40
Highest
$228,163 $11,863 $240,026
John Hoh Medical Director 40
Officer
$224,748 $11,795 $236,543
Nardo Beltran CFO 40
Officer
$218,225 $4,868 $223,093
Samy Sadighi Vice President 1
Director
$0 $0 $0
Kathy Holliday Board Member 1
Director
$0 $0 $0
Michael Epstein President 1
Director
$0 $0 $0
Dorit Naftalin Board Member 1
Director
$0 $0 $0
Arnel Baluyut Board Member 1
Director
$0 $0 $0
Noel Lingad Board Member 1
Director
$0 $0 $0
Emiliza Batan Secretary 1
Director
$0 $0 $0
Tammy Rassamekiarttisak Treasurer 1
Director
$0 $0 $0
Linda Sohn Board Member 1
Director
$0 $0 $0
Arnold Manalo Board Member 1
Director
$0 $0 $0
Brandy Chow Board Member 1
Director
$0 $0 $0
Catherine Bess Sunga Board Member 1
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 $37,370,572 $27,150,571 $57,838,017 $10,220,001
2023 $30,707,656 $24,520,698 $45,031,815 $6,186,958
2022 $29,432,756 $23,010,843 $36,859,471 $6,421,913
2021 $29,795,515 $21,529,310 $31,429,576 $8,266,205
2020 $19,722,397 $18,481,256 $22,552,611 $1,241,141
2019 $18,929,670 $18,240,084 $20,537,270 $689,586
2018 $18,516,793 $17,111,545 $19,858,076 $1,405,248
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