Asian American Restaurant Association Corp
- Assets
- $59.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fresh Meadows, NY
- Founding
- Data as of
- 02/2024
- EIN
- 20-8794205
Organization Overview
Asian American Restaurant Association Corp is located in Fresh Meadows, NY.
For the year ending 02/2024, Asian American Restaurant Association Corp generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $1.4k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (24.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROMOTES DINING OUT, ENCOURAGE RESTAURANT CAREERS,PUBLICIZE THE INDUSTRY'S COMMITMENT TO FOOD SAFETY, HIGHLIGHT THE ASIANRESTAURANT INDUSTRY'S IMPACT ON THE ECONMY AND LOCAL COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter How President | 5 | $0 | |
Kenny Wo Chu Treasurer | 5 | $0 | |
Ping Wai Wong Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26 |
| Total expenses | $1,401 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,004 |
| Other assets | $0 |
| Total assets | $59,877 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,877 |