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ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INCORPORATED

EIN 20-0726638 LOS ANGELES, CA

Revenue 2024
$265,788
Expenses 2024
$155,501

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S112
Classification
1000
Street
231 E THIRD STREET G-106

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE MISSION OF THE ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM IS TO ASSIST THE DEVELOPMENT OF SMALL & MICRO BUSINESSES IN LOS ANGELES WITH A PARTICULAR FOCUS ON THE CHINESE, CAMBONIAN, KOREAN, JAPANESE, THAI, AND FILIPINO BUSINESS COMMUNITIES, ESPECIALLY THOSE OF LOW-INCOME IMMIGRANTS.

  • 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.

    Expenses $155,501 · Grants $150,000 · Revenue $88

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • CHANCHANIT MARTORELL

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • KIMMY MANIQUIS

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • ERICH NAKANO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • PETER NG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • JOHNG HO SONG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • SUSANA SNGIEM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • PEYMAN MALAZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • TAKAO SUZUKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $265,788
    Expenses
    $155,501
    Contributions
    $265,700
    Grants paid
    $150,000
  • 2023
    Revenue
    $527,484
    Expenses
    $527,020
    Contributions
    $526,656
    Grants paid
    $525,000
  • 2022
    Revenue
    $395,727
    Expenses
    $531,527
    Contributions
    $384,946
    Grants paid
    $525,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $909,936
    Expenses
    $387,773
    Assets (EOY)
    $1,385,725

  • 2020 · 990

    Revenue
    $479,650
    Expenses
    $325,725
    Assets (EOY)
    $499,197

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.