2024-11-15T17:08:07-06:00 2023-12-31 JEAN B FOSTER CPA 5150 SUNRISE BLVD SUITE E-1 FAIR OAKS CA 95628 990 2023-01-01 680306606 SACRAMENTO ASIAN PACIFIC CHAMBER OF COMMERCE SACR 9162966069 1610 R STREET 300 SACRAMENTO CA 95811 PAT FONG KUSHIDA EXECUTIVE DIRECTOR 9162966069 2024-11-14 1 0 P00140945 9167124319 X 2023 2024-10-15 13:58:12Z PAT FONG KUSHIDA 1610 R STREET 300 SACRAMENTO CA 95811 4021043 0 X WWW.SACASIANCC.ORG X 1997 CA TO CREATE A POSITIVE ENVIRONMENT FOR LOCAL BUSINESS, GOVERNMENT, EDUCATIONAL INSTITUTIONS AND TRADE. TO PROMOTE, NUTURE AND PROPEL ECONOMIC GROWTH IN THE REGION. 29 28 38 0 0 0 2071401 3051345 1185195 964868 2901 4830 0 0 3259497 4021043 0 0 0 0 2552702 2935740 0 0 0 1133882 847203 3686584 3782943 -427087 238100 2067124 1942606 960326 589856 1106798 1352750 X TO EDUCATE OUR MEMBERS AND THE COMMUNITY BY DEVELOPING PROGRAMS DESIGNED TO STRENGTHEN AND EXPAND THE POTENTIAL OF ASIAN PACIFIC ISLANDER (API) BUSINESSES AND THE API COMMUNITY. SACC'S CORE COMPETENCY AND OUR COMPETITIVE ADVANTAGE IS OUR PORTFOLIO OF TECHNICAL ASSISTANCE PROGRAMS THAT MEET THE NEEDS OF OUR ETHNICALLY DIVERSE SMALL BUSINESS OCMMUNITY. 0 0 THE CHAMBER CONDUCTED ITS 5TH ANNUAL REGIONAL STUDY MISSION. THE STUDY MISSION GAVE THIS YEAR'S 75 PARTICIPANTS AN INSIDE LOOK AT THE ASSETS, TALENT AND OPPORTUNITIES OF THE SIX-COUNTY SACRAMENTO REGION, EXPLORING DOWNTOWN SACRAMENTO, ELK GROVE, AND RANCHO CORDOVA THIS YEAR. OVER THE COURSE OF THE ONE-DAY STUDY MISSION, PARTICIPANTS WERE REMINDED OF WHAT MAKES THE SACRAMENTO REGION THE "BEST OF-FIRST AT-LEADER" WITH A FOCUS ON CIVIC AMENITIES, EDUCATION, HEALTHCARE, INNOVATION, AND MORE. PARTICIPANTS REPRESENT DIFFERENT LOCAL BUSINESS LEADERS WANTING TO LEARN MORE ABOUT DIFFERENT PROGRAMS AND MOVEMENTS THAT ARE HELPING TO GROW THE SACRAMENTO REGION.GROW THE SACRAMENTO REGION. THE CHAMBER, IN COLLABORATION WITH THE PARTNERS OF THE SACRAMENTO INCLUSIVE ECONOMIC DEVELOPMENT COLLABORATIVE,EXECUTED CONTRACTS WITH THE CITY OF SACRAMENTO AND COUNTY OF SACRAMENTO TO ASSIST BUSINESSES THROUGH ITS MINORITY BUSINESS ASSISTANCE RECOVERY KICKSTART (MBARK) PROGRAM TO ASSIST BUSINESSES IN NEED OF TECHNICAL ASSISTANCE OR CONSULTING SERVICES TO EITHER START OR GROW THEIR BUSINESS. MBARK IS A COMPREHENSIVE,MULTI-PRONGED APPROACH GEARED TO ASSIST MINORITY SMALL BUSINESS OWNERS IN THE COMMUNITY, PROVIDING CONTRACTING OPPORTUNITIES, BUSINESS DEVELOPMENT TRAINING,WORKSHOPS, AND 1-ON-1 CONSULTING SERVICES. MBARK UTILIZES SACC'S UNDERSTANDING AND EXPERTISE ON WHAT MINORITY SMALL BUSINESS OWNERS MAY NEED AND SHOWCASES HOW TO PROACTIVELY ENGAGE THEM IN ORDER TO STABILIZE AND GROW THEIR BUSINESSES. THE CHAMBER HELD ITS SECOND ANNUAL AAPI NIGHT MARKET IN DOWNTOWN SACRAMENTO. BRINGING TOGETHER MORE THAN 50 LOCALLY OWNED AND OPERATED AAPI BUSINESSES AND FOOD TRUCKS. THE AAPI NIGHT MARKET WAS ATTENDED BY MORE THAN 2,500 PEOPLE FROM AROUND THE SACRAMENTO REGION AND PROVIDED AN OPPORTUNITY TO CELEBRATE AAPI BUSINESSES WITHIN THE SACRAMENTO COMMUNITY. THE AAPI NIGHT MARKET ALSO HOSTED PERFORMANCES BY SEVERAL LIVE LOCAL MUSICIANS. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 38 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 29 28 1 0 0 0 1 1 0 1 1 0 0 1 1 0 0 0 0 1 1 0 CA X X PAT FONG KUSHIDA 9164467883 1610 R STREET 300 SACRAMENTO CA 95811 JENNIFER ABLOG DIRECTOR 2.00 X 0 0 0 MICHELLE PICARD PAST CHAIR 2.00 X X 0 0 0 BERNADETTE AUSTIN DIRECTOR 2.00 X 0 0 0 LEONOR DICDICAN DIRECTOR 2.00 X 0 0 0 CLAY MERRILL VICE CHAIR 2.00 X X 0 0 0 KEVIN FERREIRA DIRECTOR 2.00 X 0 0 0 TIM YAMAUCHI DIRECTOR 2.00 X 0 0 0 AMANDA MERZ CHAIR 8.00 X X 0 0 0 TJ CHEN DIRECTOR 2.00 X 0 0 0 DAVID LOWE VICE CHAIR 2.00 X X 0 0 0 JAY DAY DIRECTOR 2.00 X 0 0 0 PAUL LAU VICE CHAIR 2.00 X X 0 0 0 JOEL MAIER DIRECTOR 2.00 X 0 0 0 SUNIL BHAGAT DIRECTOR 2.00 X 0 0 0 TYLER KEARNS DIRECTOR 2.00 X 0 0 0 HOWARD CHAN DIRECTOR 2.00 X 0 0 0 TINA JOHNSON DIRECTOR 2.00 X 0 0 0 HENRY LI CHAIR ELECT 2.00 X X 0 0 0 MABEL SALON SECRETARY 4.00 X X 0 0 0 NANCY COLEMAN-CHAVEZ VICE CHAIR 2.00 X X 0 0 0 FRANK KOBAYASHI DIRECTOR 2.00 X 0 0 0 DONALD SUPAT DIRECTOR 2.00 X 0 0 0 MURDOCK SMITH DIRECTOR 2.00 X 0 0 0 JEANNIE WONG VICE CHAIR 2.00 X X 0 0 0 KRIS RITUALO DIRECTOR 2.00 X 0 0 0 MIKE LEE TREASURER 4.00 X X 0 0 0 RISA OMEGA DIRECTOR 2.00 X 0 0 0 AMY WARSHAUER DIRECTOR 2.00 X 0 0 0 PAT FONG KUSHIDA CEO 40.00 X 404091 0 15415 FRANK LOUIE COO 40.00 X 165000 0 0 LAUREN OTO VP MARKETING & COMMUNICATI 40.00 X 162888 0 0 MAY SAEPHANH VP GLOBAL & DOMESTIC PROGR 40.00 X 179425 0 0 911404 0 15415 4 0 1 0 COMMUNITY STRONG STRATEGIES 200 B STREET DAVIS CA 95616 PROGRAM SERVICES/CONSULTING 272770 HACKER LAB 3519 BRADSHAW SACRAMENTO CA 95817 PROGRAM SERVICES/CONSULTING 237597 THANH MAI NGUYEN 8189 SPIELBERG WAY SACRAMENTO CA 95829 PROGRAM SERVICES/CONSULTING 136000 BOLINGER GOVERNMENT AFFAIRS 130 46TH STREET SACRAMENTO CA 95819 GOVERNMENT AFFAIRS 130000 4 186930 2411425 452990 3051345 MINORITY BIZ ASSISTANC 611430 515000 515000 SMALL BIZ CENTER 611430 336930 336930 MEMBER EVENTS 900099 72938 72938 ADMIN SUPPORT CAPCC 561000 40000 40000 964868 4830 4830 4021043 969698 0 0 911404 1753064 61620 209652 11040 25985 3000 65359 28249 34340 9082 14277 1313 17057 SERVICES - ARPA/MBARK P 2113778 MEMBER EVENTS 290633 STUDY MISSION/PUBLIC PO 20407 PAYROLL COSTS REIMBURSE -1787317 3782943 X 470604 49330 123418 136006 1446529 1731877 25260 25393 16576 16576 1313 0 2067124 1942606 643864 573311 316462 16545 960326 589856 X 694326 1244295 412472 108455 1106798 1352750 2067124 1942606 238100 7852 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 598721 142500 13429 155929 186930 -31001 16576 16576 0 0 X PART X, LINE 2: THE CHAMBER HAS APPLIED THE ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. X X X 0 0 0 PAT FONG KUSHIDA CEO 354091 0 50000 0 0 0 0 0 15415 0 419506 0 0 0 MAY SAEPHANH VP GLOBAL & DOMESTIC PROGR 179425 0 0 0 0 0 0 0 0 0 179425 0 0 0 FRANK LOUIE COO 165000 0 0 0 0 0 0 0 0 0 165000 0 0 0 LAUREN OTO VP MARKETING & COMMUNICATI 162888 0 0 0 0 0 0 0 0 0 162888 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ONE BOARD MEMBER PROVIDED CONSULTING SERVICES THROUGH HIS BUSINESS AND WAS PAID FAIR VALUE OF $6,000. FORM 990, PART VI, SECTION A, LINE 6 CHAMBER MEMBERS HAVE ACCESS TO A VARIETY OF SERVICES AND INFORMATION TO PROMOTE THEIR BUSINESS IN THE COMMUNITY. THERE IS ONE LEVEL OF MEMBER FOR WHICH ALL MEMBERS HAVE EQUAL VOTING POWER. FORM 990, PART VI, SECTION A, LINE 7A ONE CLASS OF MEMBERSHIP FOR WHICH EACH MEMBER MAY VOTE ON ITEMS THAT THE GOVERNING BODY BELIEVES WILL HAVE A SIGNIFICANT IMPACT ON THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B COPY OF THE COMPLETED FORM 990 PROVIDED TO THE EXECUTIVE COMMITTEE AND FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION APPROVED BY THE BOARD AND DOCUMENTED VIA CONTRACT. THE BOARD CONSISTS OF KNOWLEDGEABLE BUSINESS OWNERS THAT CONSIDER COMPARABLE SALARIES WHEN NEGOTIATING. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST.