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Asian Business Institute & Resource Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261988676 ✦ Fresno, CA ✦ Designated as a 501(c)(3)

Overview

What is Asian Business Institute & Resource Center?

The Asian Business Institute & Resource Center is a nonprofit organization situated in Fresno, California, at 7035 N Fruit Avenue. Their primary mission is to establish a robust network of Asian American business owners, advocating for the sustained success of Asian businesses in the Central California region. This is achieved through various programs such as monthly broadcasts, groundwater sustainable and outreach programs, and business technical assistance programs, tailored to support southeast and small businesses in the Central Valley. In addition, they offer social programs to connect farming and food assistance, fostering community engagement and development. Operating with a team of 14 dedicated individuals, the Asian Business Institute & Resource Center serves as a valuable resource for Asian American businesses, promoting growth and advocacy in the region.


Official website here: www.fresnoabirc.org

Is Asian Business Institute & Resource Center legitimate?

Asian Business Institute & Resource Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian Business Institute & Resource Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $40,015
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,694

For more financial information, click here


Official website here: www.fresnoabirc.org

What is the mission statement of Asian Business Institute & Resource Center?

The Asian Business Institute & Resource Center aims to establish a robust network of Asian American business owners in the central California region. This network serves to promote and advocate for the sustained success of Asian businesses within this region. The organization's activities include outreach programs such as a monthly broadcast, groundwater sustainable and outreach programs, and business technical assistance for southeast and small businesses in the Central Valley. Additionally, they offer social programs to connect farming and food assistance, fostering a sense of community and support.


Official website here: www.fresnoabirc.org

Who is the CEO of Asian Business Institute & Resource Center?

Kee Xiong is the Executive Director of Asian Business Institute & Resource Center.


Official website here: www.fresnoabirc.org

What is the revenue of Asian Business Institute & Resource Center?

Asian Business Institute & Resource Center's revenue in 2022 was $1,748,300.


Official website here: www.fresnoabirc.org

Who are the executives of Asian Business Institute & Resource Center and what are their salaries?

The average compensation at Asian Business Institute & Resource Center during 2022 was $25,765. There are 14 employees at Asian Business Institute & Resource Center.

Here are 7 key members and their salaries:

    Blong Xiong (Executive Director)
  • Compensation: $40,015
  • Related: $0
  • Other: $0

    • Stanley Tom (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samantha Yang (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheng Simon Vang (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chorneng Yang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lang Vang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kee Xiong (Deputy Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fresnoabirc.org

    Where can I find the form 990 for Asian Business Institute & Resource Center?

    The Asian Business Institute & Resource Center’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fresnoabirc.org

    Learn more at the official website: www.fresnoabirc.org

    Mission Statement of Asian Business Institute & Resource Center

    The Asian Business Institute & Resource Center is dedicated to fostering a robust network of Asian American business owners in the Central California region. Their mission is centered around promoting and advocating for the sustained success of these businesses. By building this network, the Asian Business Institute & Resource Center aims to contribute positively to the economic landscape of the region.

    The organization implements various outreach programs to achieve its mission. One such program is a monthly broadcast, designed to engage and inform the Asian American business community. Additionally, they offer groundwater sustainable and outreach programs, as well as business technical assistance programs for southeast and small businesses in the Central Valley. These initiatives are all geared towards supporting the growth and success of Asian American businesses in the region.

    Moreover, the Asian Business Institute & Resource Center also organizes social programs that connect farming and food assistance. This aspect of their work underscores their commitment to addressing the unique needs and challenges faced by the Asian American business community. By providing a comprehensive array of programs and resources, the Asian Business Institute & Resource Center is instrumental in empowering Asian American business owners and contributing to the economic vitality of Central California.

    Impact

    This information is meant to be a general summary of Asian Business Institute & Resource Center. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Asian Business Institute & Resource Center's impact can be seen in the growth and success of Asian American businesses in the Central California region. Through their outreach programs, including a monthly broadcast, groundwater sustainable and outreach programs, and business technical assistance programs, they have been instrumental in supporting Southeast and small businesses in the Central Valley. Additionally, their social programs that connect farming and food assistance have made a tangible difference in the community. By building a strong network of Asian American business owners, they have been able to promote and advocate for the sustained success of Asian businesses, ultimately contributing to community improvement in Fresno, California.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30
  • Program Service Revenue: $102,229
  • Gross Receipts: $1,748,300

    • Assets and Liabilities:
  • Total Assets: $1,074,332
  • Total Liabilities: $191,515
  • Net Assets: $882,817
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM INCOME

    Revenue

    $102,229

    Organization Details

    Founding Year

    2009

    Principal Officer

    Kee Xiong

    Main Address

    7035 N FRUIT AVENUE, FRESNO, CA, 93711

    NTEE Category

    Code: S31 - Community improvement

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