2017-11-09T19:56:23-06:00 2016-12-31 JEAN B FOSTER CPA 5150 SUNRISE BLVD SUITE E-1 FAIR OAKS CA 95628 990 2016-01-01 680306606 SACRAMENTO ASIAN PACIFIC CHAMBER OF COMMERCE SACR 9164467883 2331 ALHAMBRA BLVD NO 100 SACRAMENTO CA 95817 PAT FONG KUSHIDA EXECUTIVE DIRECTOR 9164467883 2017-11-09 1 JEAN B FOSTER CPA P00140945 9167124319 X 96.71.208.93 2017-11-09 17:56:00 PS P 654A5F8C2B5C22250A61F736DB3B74236204F001 654A5F8C2B5C22250A61F736DB3B74236204F001 2016 2018-03-14 21:41:22Z PAT FONG KUSHIDA 2331 ALHAMBRA BLVD NO 100 SACRAMENTO CA 95817 740643 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. 25 25 21 0 0 0 412500 476536 254453 203821 4 -944 256 -35270 667213 644143 0 0 0 0 1178550 911234 0 0 0 -548822 -244297 629728 666937 37485 -22794 189366 324160 150748 308336 38618 15824 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 8TH ANNUAL REGIONAL STUDY MISSION. THE STUDY MISSION GAVE THIS YEAR'S 80 PARTICIPANTS AN INSIDE LOOK AT THE ASSETS, TALENT AND OPPORTUNITIES OF THE SIX-COUNTY SACRAMENTO REGION. OVER THE COURSE OF THE TWO-DAY TRIP, PARTICIPANTS WERE REMINDED OF WHAT MAKES SACRAMENTO THE "BEST OF-FIRST AT-LEADER" WITH A FOCUS ON CIVIC AMENITIES, EDUCATION, 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 HELD ITS 5TH ANNUAL NETWORKING NEXUS DURING 2016 WHICH COMBINED SPEED NETWORKING WITH A VENDOR NETWORKING EXPO. THIS YEAR'S EVENT ATTRACTED OVER 400 ATTENDEES REPRESENTING BUSINESSES FROM ACROSS THE REGION WHO WERE PROVIDED OPPORTUNITIES TO MAKE NEW CONNECTIONS AND LEARN ABOUT NEW PROPSPECTS AVAILABLE WITHIN THE SACRAMENTO REGION. THE CHAMBER EXECUTED ALLIANCE CONTRACTS WITH THE CITY OF SACRAMENTO, REGIONAL TRANSIT AND THE SACRAMENTO MUNICIPAL UTILITIES DISTRICT. THROUGH THESE ALLIANCE CONTRACTS, 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 NETWORKING OPPORTUNTITIES. THIS HELPS ENSURE THAT THE CHAMBER'S MEMBER'S HAVE ACCESS TO KEY OPPORTUNITIES IN THE SACRAMENTO REGION. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 1 23 0 1 21 1 0 0 0 0 1 1 0 0 0 0 X 25 25 0 0 0 0 1 1 0 1 1 0 0 1 1 0 0 0 0 1 0 0 CA X X PAT FONG KUSHIDA 9164467883 2331 ALHAMBRA BLVD NO 100 SACRAMENTO CA 95817 X DAMARIS PEREZ TREASURER 6.00 X X 0 0 0 BRYAN GARDNER DIRECTOR 2.00 X 0 0 0 PHILIP ARNDT DIRECTOR 2.00 X 0 0 0 LEONOR DICDICAN DIRECTOR 2.00 X 0 0 0 JOHN COSTA DIRECTOR 2.00 X 0 0 0 KEVIN FERREIRA DIRECTOR 2.00 X 0 0 0 CLARA LEE DIRECTOR 2.00 X 0 0 0 JEFF STIGER DIRECTOR 2.00 X 0 0 0 SCOTT LEWIS DIRECTOR 2.00 X 0 0 0 DAVID LOWE DIRECTOR 2.00 X 0 0 0 JAKE MOSSAWIR DIRECTOR 2.00 X 0 0 0 PAUL LAU BOARD CHAIR 8.00 X X 0 0 0 ALAINE MASUI INCOMING CHAIR 3.00 X X 0 0 0 FRANK LOUIE DIRECTOR 2.00 X 0 0 0 RICK CWYNAR DIRECTOR 2.00 X 0 0 0 CLAY MERRILL DIRECTOR 2.00 X 0 0 0 TIM RAY DIRECTOR 2.00 X 0 0 0 VINCE SALES DIRECTOR 2.00 X 0 0 0 MABEL SALON SECRETARY 4.00 X X 0 0 0 JOHN SHELBY DIRECTOR 2.00 X 0 0 0 RICK HERON DIRECTOR 2.00 X 0 0 0 PAMELA MAXWELL DIRECTOR 2.00 X 0 0 0 BRENT SASAKI DIRECTOR 2.00 X 0 0 0 DAWN SATOW DIRECTOR 2.00 X 0 0 0 WHITNEY YAMAMURA DIRECTOR 2.00 X 0 0 0 PAT FONG KUSHIDA CEO 40.00 X 185000 0 21788 185000 0 21788 1 0 1 0 0 109753 91820 274963 67050 476536 PROGRAM ADMIN FEES 561000 175000 175000 STUDY MISSION 611430 18871 18871 NETWORKING NEXUS 900099 7110 7110 OTHER MEMBER EVENTS 900099 2840 2840 203821 6 6 950 -950 -950 -950 60280 91820 95550 -35270 -35270 644143 203821 0 -36214 X 185000 666828 29667 29739 25455 68406 30292 8062 31077 1989 2918 7620 1645 4508 MEMBER EVENTS 39515 STUDY MISSION PROGRAM 22783 NETWORKING NEXUS 17386 PROGRAM COSTS 15007 -520960 666937 X 43338 139192 135085 136143 9724 30426 69336 50937 1219 18399 189366 324160 134273 127821 8975 173015 7500 7500 150748 308336 X 38618 15824 38618 15824 189366 324160 -22794 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 69336 50937 18399 18399 X 734694 90551 90551 644143 0 644143 757488 90551 90551 666937 0 666937 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 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT COSTS - ANNUAL DINNER TREATED AS A FUNDRAISER ON T/R 95,550. RECLASSIFIED NEGATIVE REVENUE -4,999. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT COSTS - ANNUAL DINNER TREATED AS A FUNDRAISER ON T/R 95,550. RECLASSIFIED NEGATIVE REVENUE -4,999. X 0 ANNUAL DINNER 150900 90620 60280 12500 36129 11650 35271 API SPORTS NIGHT 1200 1200 152100 91820 60280 12500 36129 11650 35271 95550 -35270 CORPORATE ADDRESS 2331 ALHAMBRA BLVD SUITE 100 SACRAMENTO CA 95817 1 X X 0 0 0 PAT FONG KUSHIDA CEO 185000 0 0 0 0 0 0 0 21788 0 206788 0 0 0 PAT FONG KUSHIDA EXECUTIVE DIRECTOR TEMPORARY WORKING CAPITAL LOAN TO THE ORGANIZATION X 30000 7500 0 0 1 7500 PAT FONG KUSHIDA EXECUTIVE DIRECTOR 7500 LOAN TO ORGANIZATION FOR WORKING CAPITAL ON OCTOBER 15, 2010. TOTAL LOAN = $30,000. BALANCE AT 12/31/16 = $7,500. 0 CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE SHARED COSTS 675960 CALIF ASIAN PACIFIC CHAMBER OF COMMERCE (CAPCC) SHARES THE SERVICES OF THE EXEC DIRECTOR; OFFICE COSTS; STAFF; AND OTHER ADMINISTRATIVE FUNCTIONS UNDER A MEMO OF UNDERSTANDING. CAPCC REIMBURSES THIS ORGANIZATION ($520,960 DURING 2016) AND PAYS AN ADMINISTRATION FEE ($155,000 FOR 2016) FOR ITS SHARE OF THE COSTS INCURRED TO ADMINISTER CAPCC PROGRAMS AND MANAGEMENT OF THE ORGANIZATION. CAPCC IS A NOT-FOR-PROFIT ORGANIZATION WITH A LIASON THAT ATTENDS SACC BOARD MEETINGS. 0 CALIFORNIA ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION SHARED COSTS 20000 CALIF ASIAN PACIFIC CHAMBER OF COMMERCE FOUNDATION (CAPCCF) SHARES THE SERVICES OF THE EXEC DIRECTOR; OFFICE COSTS; STAFF; AND OTHER ADMINISTRATIVE FUNCTIONS UNDER A MEMO OF UNDERSTANDING. CAPCCF PAYS AN ADMINISTRATIVE FEE TO REIMBURSE THIS ORGANIZATION FOR ADMINISTRATIVE EXPENSES INCURRED ON ITS BEHALF. CAPCCF IS A NOT-FOR-PROFIT ORGANIZATION. 0 X PRINT ADVERTISING 2 40000 WHAT DONOR WOULD CHA 0 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 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15A CEO COMPENSATION APPROVED BY THE BOARD AND DOCUMENTED VIA CONTRACT. 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 SOCIAL MEDIA/NEWSLETTER CONSULTANT 14,156. MEMBERSHIP 21,250. SPECIAL PROJECTS 33,000. FORM 990 PART IX LINE 24E ALL OTHER EXPENSES INCLUDE NEGATIVE $520,960 FOR PAYROLL COST REIMBURSEMENTS RECEIVED FROM ANOTHER UNRELATED NOT-FOR-PROFIT ORGANIZATION FOR SHARED PERSONNEL.