2022-11-15T20:35:18-06:00 2021-12-31 JEAN B FOSTER CPA 5150 SUNRISE BLVD SUITE E-1 FAIR OAKS CA 95628 990 2021-01-01 680306606 SACRAMENTO ASIAN PACIFIC CHAMBER OF COMMERCE SACR 9164467883 1610 R STREET 300 SACRAMENTO CA 95811 PAT FONG KUSHIDA EXECUTIVE DIRECTOR 9164467883 2022-11-15 1 PAT FONG KUSHIDA 999009999 P00140945 9167124319 X 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X PAT FONG KUSHIDA 1610 R STREET 300 SACRAMENTO CA 95811 2745992 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 29 32 0 0 0 253261 841002 4546494 1790352 42 120 0 40000 4799797 2671474 0 0 0 0 2058560 2169859 0 0 0 2332930 -486646 4391490 1683213 408307 988261 2763392 1898460 2212469 359276 550923 1539184 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 VIRTUALLY CONDUCTED ITS 13TH ANNUAL REGIONAL STUDY MISSION. THE STUDY MISSION GAVE THIS YEAR'S 100 PARTICIPANTS AN INSIDE LOOK AT THE ASSETS, TALENT AND OPPORTUNITIES OF THE SIX-COUNTY SACRAMENTO REGION, EXPLORING DOWNTOWN AND MIDTOWN SACRAMENTO THIS YEAR. OVER THE COURSE OF THE TWO-DAY WEBINAR CONFERENCE, 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. THE CHAMBER EXECUTED CONTRACTS WITH THE CITY OF SACRAMENTO TO ASSIST BUSINESSES IMPACTED BY THE COVID-19 PANDEMIC. THROUGH THE CONTRACT, EXECUTED IN COLLABORATION WITH THE PARTNERS OF THE SACRAMENTO INCLUSIVE ECONOMIC DEVELOPMENT COLLABORATIVE, THE CHAMBER WAS ABLE TO CONNECT BUSINESSES TO THE RESOURCES AND TOOLS NEEDED TO BE SUCCESSFUL SUCH AS CONTRACTING OPPORTUNITIES, BUSINESS DEVELOPMENT PROGRAMS, WORKSHOPS, AND 1-ON-1 CONSULTING SERVICES. THIS HELPS ENSURE THAT THE CHAMBER'S MEMBERS HAVE ACCESS TO KEY OPPORTUNITIES IN THE SACRAMENTO REGION, ESPECIALLY DURING THE COVID-19 EPIDEMIC. THE CHAMBER STARTED THE 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. 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. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 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 32 0 1 32 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 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 X DAMARIS PEREZ DIRECTOR 2.00 X 0 0 0 MICHELLE PICARD BOARD CHAIR 8.00 X X 0 0 0 PHILIP ARNDT DIRECTOR 2.00 X 0 0 0 LEONOR DICDICAN DIRECTOR 2.00 X 0 0 0 JOHN COSTA 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 INCOMING CHAIR 2.00 X X 0 0 0 TJ CHEN DIRECTOR 2.00 X 0 0 0 DAVID LOWE PAST CHAIR 2.00 X X 0 0 0 JAY DAY DIRECTOR 2.00 X 0 0 0 PAUL LAU DIRECTOR AT LARGE 2.00 X 0 0 0 JOEL MAIER DIRECTOR 2.00 X 0 0 0 SUNIL BHAGAT DIRECTOR 2.00 X 0 0 0 TYLER KEARNS VICE CHAIR 2.00 X X 0 0 0 HOWARD CHAN DIRECTOR 2.00 X 0 0 0 JOHN KIM 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 DEVAN JOHNSON TREASURER 4.00 X X 0 0 0 NANCY COLEMAN-CHAVEZ DIRECTOR 2.00 X 0 0 0 MICHAEL MARION JR DIRECTOR 2.00 X 0 0 0 FRANK KOBAYASHI DIRECTOR 2.00 X 0 0 0 KATHRYN SHAFER DIRECTOR 2.00 X 0 0 0 MURDOCK SMITH DIRECTOR 2.00 X 0 0 0 JEANNIE WONG DIRECTOR 2.00 X 0 0 0 KRIS RITUALO DIRECTOR 2.00 X 0 0 0 MIKE LEE DIRECTOR 2.00 X 0 0 0 RISA OMEGA DIRECTOR 2.00 X 0 0 0 PAT FONG KUSHIDA CEO 40.00 X 335381 0 45805 FRANK LOUIE COO 40.00 X 162697 0 0 LAUREN OTO VP MARKETING & COMMUNICATIONS 40.00 X 189573 0 0 MAY SAEPHANH VP GLOBAL & DOMESTIC PROGRAMS 40.00 X 178938 0 0 866589 0 45805 4 0 1 0 CXORE LLC 200 B STREET STE F DAVIS CA 95616 IEDC DATA PLATFORM 118555 1 152652 688350 22850 841002 CARES ACT PROGRAMS/ASS 611430 1127057 1127057 BUSINESS DEVELOPMENT P 611430 387480 387480 MEMBER EVENTS 900099 191915 191915 STUDY MISSION 611430 72400 72400 ALLIANCE CONTRACTS 611430 11500 11500 1790352 120 120 74518 74518 0 0 INSURANCE PROCEEDS 900099 40000 40000 40000 2671474 1830352 0 120 X 332027 1751424 52256 34152 15849 26000 280596 58465 23265 2824 2202 2666 9592 CORE/IEDC PROGRAM COSTS 551043 MEMBER EVENTS 56640 INSURED LOSS 40000 STUDY MISSION/PUBLIC PO 11160 -1566948 1683213 X 1643475 1810001 995 995 1112204 67159 844 17097 16576 13368 5874 3208 2763392 1898460 1476810 191776 730798 167500 4861 0 2212469 359276 X 550923 944184 595000 550923 1539184 2763392 1898460 988261 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26000 0 0 1 152652 26000 26000 30530 -4530 16576 13368 3208 3208 X X X 0 0 0 PAT FONG KUSHIDA CEO 285000 0 37121 0 13260 0 0 0 45805 0 381186 0 0 0 LAUREN OTO VP MARKETING & COMMUNICATIONS 189573 0 0 0 0 0 0 0 0 0 189573 0 0 0 MAY SAEPHANH VP GLOBAL & DOMESTIC PROGRAMS 178938 0 0 0 0 0 0 0 0 0 178938 0 0 0 FRANK LOUIE COO 162697 0 0 0 0 0 0 0 0 0 162697 0 0 0 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 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. FORM 990, PART IX, LINE 11G TRAINING 6,570. PROGRAM SERVICES 274,026.