American Chinese Herb Trade Association is located in San Francisco, CA. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Chinese Herb Trade Association 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, American Chinese Herb Trade Association generated $74.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (45.9%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE CHINESE MEDICIEN AND HERBOLOGY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenny Lau President | 0 | $0 | |
Bo Chao Dai Treasurer | 0 | $0 | |
Edward Lau Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,177 |
| Total Program Service Revenue | $12,197 |
| Membership dues | $6,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,374 |
| 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 | $120 |
| Occupancy, rent, utilities, and maintenance | $20,400 |
| Printing, publications, postage, and shipping | $1,346 |
| Other expenses | $26,835 |
| Total expenses | $48,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,608 |
| Other assets | $0 |
| Total assets | $190,429 |
| Total liabilities | $0 |
| Net assets or fund balances | $190,429 |