Program areas at Asian Pacific Islander Small Business Program
The Asian Pacific Islander Small Business Program is organized and operates for the exclusive benefit of the Small Business Program of ltsc cdc. Api sbp and ltsc cdc have parallel purpose. Ltsc cdc seeks to support the history, culture and economic development of minority and low-income communities, with api sbp's primary purpose, as defined in the articles of incorporation, to raise funds and develop community support for the Small Business programs of ltsc cdc. All funds received by api sbp are given directly to ltsc cdc for use in its Small Business Program or to be solely used for charitable activities, which support and benefit the Small Business programs of ltsc cdc.the funds raised by the organization are used to support the Small Business assistance Program of ltsc cdc. The Program assisted approximately 2,000 entreprenuers during the year. The Program functions primarily in five neighborhoods of the city of los angeles & one neighborhood of the city of long beach, all which are federally-defined low-moderate income areas.
Grants made by Asian Pacific Islander Small Business Program
Who funds Asian Pacific Islander Small Business Program
Grants from foundations and other nonprofits
Personnel at Asian Pacific Islander Small Business Program
| Name | Title | Compensation | Date of data |
|---|
| Ron Fong | Executive Director | | 2023-10-21 |
| Erich Nakano | Board Member | $0 | 2024-11-26 |
| Chanchanit Martorell | President | $0 | 2024-06-30 |
| Kimmy Maniquis | Treasurer | $0 | 2024-06-30 |
| Fidji Victoriano | Past Treasurer | $0 | 2021-06-30 |
Financials for Asian Pacific Islander Small Business Program
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $526,656 | $384,946 | 36.8% |
| Program services | $0 | $10,000 | -100% |
| Investment income and dividends | $828 | $781 | 6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $527,484 | $395,727 | 33.3% |
Organizations like Asian Pacific Islander Small Business Program
| Organization | Type | Location | Revenue |
|---|
| Arg Cultivators Community | 501(c)(3) | Mesa, AZ | $618,049 |
| National Ace Foundation | 501(c)(3) | Washington, DC | $2,565,208 |
| Emerging Technology Centers | 501(c)(3) | Baltimore, MD | $843,299 |
| Mid-South Minority Council Tadp | 501(c)(3) | Memphis, TN | $680,969 |
| The Foundation of the Women Presidents Organization | 501(c)(3) | New York, NY | $551,750 |
| Microbusiness Advancement Center of Southern Arizona | 501(c)(3) | Tucson, AZ | $850,744 |
| Awesome Center for Entrepreneurship | 501(c)(3) | Lexington, KY | $1,035,052 |
| Shes Well Networked | 501(c)(3) | Baltimore, MD | $255,004 |
| Kukolu | 501(c)(3) | Kaneohe, HI | $570,051 |
| La Plaza Delaware | 501(c)(3) | Georgetown, DE | $657,767 |
Data update history
January 26, 2025
Updated personnel
Identified 1 new personnel
January 12, 2025
Received grants
Identified 1 new grant, including a grant for $35,000 from National CAPACD August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 26, 2023
Received grants
Identified 1 new grant, including a grant for $115,250 from National CAPACD Nonprofit Types
Civic / social organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Business and industry
Characteristics
Provides grantsTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 231 E Third St G-106
- Los Angeles, CA 90013
- Metro area
- Los Angeles-Long Beach-Anaheim, CA
- County
- Los Angeles County, CA
- Website URL
- apisbp.org/Â
- Phone
- (213) 473-1605
IRS details
- EIN
- 20-0726638
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2004
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 813410: Civic and Social Organizations
- Parent/child status
- Subordinate organization
California AB-488 details
- AB 488 status
- May Not Operate or Solicit for Charitable Purposes
- Charity Registration status
- Delinquent
- FTB status revoked
- Not revoked
- AG Registration Number
- 127950
- FTB Entity ID
- 2572091
- AB 488 data last updated ("as-of") date
- 2025-02-05
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