Aapi Of Hampton Roads Inc
- Assets
- $149.0k
- Revenue
- $277.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Portsmouth, VA
- Founding
- 10/2009
- Data as of
- 12/2022
- EIN
- 51-0569999
Organization Overview
Aapi Of Hampton Roads Inc is located in Portsmouth, VA. The organization was established in 2009. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aapi Of Hampton Roads Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Aapi Of Hampton Roads Inc generated $277.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $239.6k during the year ending 12/2022. While expenses have increased by 12.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Aapi Of Hampton Roads Inc has awarded 38 individual grants totaling $723,238. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RENDER, CONTRIBUTE TO FREE MEDICAL SERVICE,HOLD HEALTH FAIRS TO HOLD AN ANNUAL GALA (FUNDRAISING EVENT) TO RAISE FUNDS FOR GRANTS TO AREA HOSPITALS, FREE CLINICS AND TO CONTRIBUTE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 2022 GALA WAS ORGANIZED AFTER TWO YEARS OF COVID-19 RESTRICTIONS. OUR ORGANIZATION PROVIDED CASH GRANT SCHOLARSHIP TO HEALTH SERVICES STUDENTS IN AREA UNIVERSITY, AREA FREE CLINICS AND TO HEALTH FOUNDATIONS. ABOUT 300 PEOPLE ATTENDED THE FUNDRAISING EVENT IN SEPTEMBER 2022
THE ANNUAL HEALTH FAIR COULD NOT BE ORGANIZED DUE TO COVID-19 RESTRICTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Soham G Sheth President | Trustee | 2 | $0 |
Vandana Patel Vice President | Trustee | 2 | $0 |
Hemang Shah Director | Trustee | 2 | $0 |
Pramod Malik Director | Trustee | 2 | $0 |
Parthiv J Seth Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,500 |
| Fundraising events | $263,599 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,099 |
| Total Program Service Revenue | $0 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $277,116 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $140,788 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,250 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $88,528 |
| Total functional expenses | $239,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,681 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,275 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,956 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $148,956 |
| Total liabilities and net assets/fund balances | $148,956 |
Grants Awarded
Over the last fiscal year, Aapi Of Hampton Roads Inc has awarded $137,788 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CHESAPEAKE CARE FREE CLINIC PURPOSE: Medical services | $10,000 |
HOPES FREE CLINIC PURPOSE: Medical services | $10,000 |
WESTERN TIDEWATER FREE CLINC PURPOSE: Meddical Services | $10,000 |
GLOUCESTER-MATTHWES FREE CLINIC PURPOSE: Medical services | $10,000 |
BON SECOURS FOUNDATION PURPOSE: Medical services | $10,000 |
RIVERSIDE FOUNDATION PURPOSE: Medical service | $10,000 |