ASIA-PACIFIC BUSINESS ASSOCIATION OF INDIANA INC: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ASIA-PACIFIC BUSINESS ASSOCIATION OF INDIANA INC (EIN 27-2826299)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-07-28
IRS object ID
202512099349201076
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-07-28T13:36:33-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN320614599PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SZ Consulting LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13815 River Crossing Pkwy Suite 100AddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46240ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272826299EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASIA-PACIFIC BUSINESS ASSOCIATION OF INDIANA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASIABusinessNameControlTxt
Phone3173661553PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11417 Shelby StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46203ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonXishun ZhangPersonNm
Person TitlePresidentPersonTitleTxt
Phone3173661553PhoneNum
Signature2025-07-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSuiyan ZhangPreparerPersonNm
PTINP01973833PTIN
Phone3176006007PhoneNum
Preparation2025-07-28PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Name ChangeYes (X)NameChangeInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresswww.apbai.orgWebsiteAddressTxt
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$42,650GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$20,000ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$22,650MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$42,650TotalRevenueAmt
Grants And Similar Amounts Paid$1,001GrantsAndSimilarAmountsPaidAmt
Salaries Other Comp Empl Bnft$3,500SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$53,750FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$4,573OtherExpensesTotalAmt
Total Expenses$62,824TotalExpensesAmt
Excess Or Deficit For Year-$20,174ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$33,635NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,461NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$33,479BOYAmt
EOY$13,305EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$156BOYAmt
EOY$156EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$33,635BOYAmt
EOY$13,461EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$33,635BOYAmt
EOY$13,461EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeThe purpose of the Corporation shall be to strengthen the Indiana-Asia-Pacific business relationship, create mutually beneficial business opportunities, and foster a Asia-Pacific-friendly business environment, as well as conduct all activities necessary and convenient thereto. In furtherance of the aforesaid purposes, the Corporation may transact any and all lawful business for which corporations may be incorporated under the Indiana Nonprofit Corporation Act of 1991(the Act)PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomMembership Organization Focused on Promoting Economic Development, Trade and Investment Opportunities BetweenIndiana and Asia Pacific businesses.DescriptionProgramSrvcAccomTxt
FieldValueIRS element (for citing)
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Xishun Zhang
President10.00$0$0$0
Wendy Leutert
Vice President10.00$0$0$0
Elizabeth Head
TREASURER10.00$0$0$0
Naomi Kwang
SECRETARY10.00$0$0$0
Cory Martin from Mission Control LLC
Execitive Director10.00$18,000$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptYes (true)ChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Xishun ZhangBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11417 Shelby StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46203ZIPCd
FieldValueIRS element (for citing)
Phone3173661553PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt V, Line 34The organization changed its name to Asia-Pacific Business Association of Indiana, Inc. Please see attached amended documents from the state.
Pt IVThe Excutive Director - Cory Martin is provided through an Association Management Company. And based on the information from AMC,the fees attributable to the Executive Directors service are $18,000.
Form 990EZ, Part I, Line 10Indianapolis Chinese Community Center, Inc; Grant; Indianapolis Chinese Community Center, Inc: P.O.Box 50914, Indianapolis, IN, 46250; Global Leadership Partner, 1001.
Form 990EZ, Part I, Line 16Dues and Subscriptions 128.
Form 990EZ, Part I, Line 16Insurance 1582.
Form 990EZ, Part I, Line 16Office Supplies & Software 647.
Form 990EZ, Part I, Line 16Payroll Process 541.
Form 990EZ, Part I, Line 16Advertising & Marketing 505.
Form 990EZ, Part I, Line 16Bank Charges & Fees 105.
Form 990EZ, Part I, Line 16Accounting Fees 750.
Form 990EZ, Part I, Line 16QuickBooks Payments Fees 315.

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