Nonprofit · EIN 52-2341318
US-ASEAN BUSINESS COUNCIL INC
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,943,979 | $8,441,962 | $502,017 | $5,937,329 | $5,138,178 | $799,151 |
| December 31, 2023 | 990 | $7,388,992 | $8,096,816 | -$707,824 | $5,237,099 | $5,003,728 | $233,371 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,950,052
- Investment income
- -$6,073
- Net gain from sales of assets
- -$46,121
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,282,477
- Other salaries and wages
- $3,320,423
- Salaries, compensation and benefits (total)
- $5,406,249
- Professional fundraising fees
- $0
- Legal fees
- $41,796
- Accounting fees
- $49,376
- Occupancy
- $387,995
- Travel
- $289,914
- Depreciation
- $127,766
Balance sheet and other
- Total assets, start of year
- $5,237,099
- Total assets, end of year
- $5,937,329
- Total liabilities, end of year
- $5,138,178
- Net assets, end of year
- $799,151
- Land, buildings and equipment
- $244,817
- Publicly traded securities
- $1,308,532
- Net assets without donor restrictions
- $725,151
- Net assets with donor restrictions
- $74,000
- Gross receipts
- $9,570,489
- Employees
- 30
- Volunteers
- 34
- Year formed
- 2001
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ted Osius | President & CEO Trustee or director, Officer | 60 | $410,000 | $4,100 | $53,857 |
| Marc Mealy | Senior VP Officer | 40 | $226,739 | $2,267 | $35,118 |
| Brian McFeeters | Senior VPRegional Director Officer | 40 | $251,795 | $2,518 | $9,756 |
| Margaret Hanson-Muse | COO Officer | 40 | $216,689 | $2,167 | $10,375 |
| Michael Shue | CFO Officer | 40 | $177,254 | $1,772 | $37,896 |
| Thanh Vu Tu | Representative Highest-paid employee | 40 | $148,789 | $0 | $0 |
| Sinta Sirait | Representative Highest-paid employee | 40 | $121,688 | $0 | $0 |
| Florina Vistal | Representative Highest-paid employee | 40 | $120,031 | $0 | $0 |
| Praab Pianskool | Representative Highest-paid employee | 40 | $111,906 | $0 | $0 |
| Angga Antagia | Representative Highest-paid employee | 40 | $106,006 | $0 | $0 |
| Leslie Mancuso | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jake Siewert | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Gregory Walters | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Michael Kiely | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jannik Termansen | Director Trustee or director | 1 | $0 | $0 | $0 |
28 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jean-Philippe Monod | Director Trustee or director | 1 | $0 |
| Shakilla Shahjahan | Director Trustee or director | 1 | $0 |
| Chris Colahan | Director Trustee or director | 1 | $0 |
| Quint Simon | Director Trustee or director | 1 | $0 |
| Penny Burtt | Director Trustee or director | 1 | $0 |
| Ernest Bower IV | Director Trustee or director | 1 | $0 |
| Michaela Browning | Director Trustee or director | 1 | $0 |
| Paul McNamee | Director Trustee or director | 1 | $0 |
| Catherine Simmons | Director Trustee or director | 1 | $0 |
| Anuja Kadian | Director Trustee or director | 1 | $0 |
| Jennifer M Chan | Director Trustee or director | 1 | $0 |
| Sapna Chadha | Director Trustee or director | 1 | $0 |
| Stephen W Braim | Director Trustee or director | 1 | $0 |
| Sarah Kemp | Director Trustee or director | 1 | $0 |
| Prashant Kumar | Director Trustee or director | 1 | $0 |
| Maryscott Greenwood | Director Trustee or director | 1 | $0 |
| Rajeev Menon | Director Trustee or director | 1 | $0 |
| Rafael Frankel | Director Trustee or director | 1 | $0 |
| David Peacock | Director Trustee or director | 1 | $0 |
| Derek Wilkinson | Director Trustee or director | 1 | $0 |
| Mike Pergine | Director Trustee or director | 1 | $0 |
| Anil Argilla | Director Trustee or director | 1 | $0 |
| Becky Fraser | Director Trustee or director | 1 | $0 |
| Johnathan Collard | Director Trustee or director | 1 | $0 |
| Reggie Lai | Director Trustee or director | 1 | $0 |
| Linda Bedran | Director Trustee or director | 1 | $0 |
| Serene Gay | Director Trustee or director | 1 | $0 |
| John Graham | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 44 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TED OSIUS | PRESIDENT AND CEO Trustee or director, Officer | 60 | $426,995 | $50,506 |
| MARC MEALY | CHIEF POLICY OFFICER Officer | 40 | $220,347 | $29,902 |
| MICHAEL SHUE | CHIEF FINANCIAL OFFICER Officer | 38 | $173,699 | $33,273 |
| MARGARET HANSON-MUSE | CHIEF OPERATING OFFICER Officer | 35 | $158,333 | $7,496 |
| MARIO MASAYA | SENIOR RESEARCH DIRECTOR Highest-paid employee | 40 | $127,731 | $30,975 |
| VU TU THANH | CHIEF REPRESENTATIVE Highest-paid employee | 40 | $152,221 | $5,565 |
| HAI PHAM | SENIOR DIRECTOR Highest-paid employee | 40 | $129,832 | $17,184 |
| LILIBETH ALMONTE-ARBEZ | SENIOR DIRECTOR Highest-paid employee | 40 | $116,520 | $30,414 |
| AMB MICHAEL MICHALAK | SENIOR VP/REGIONAL DIRECTOR Officer | 40 | $140,032 | $0 |
| PATRICK KAHN | DIRECTOR Highest-paid employee | 40 | $106,971 | $15,730 |
| ELIZABETH DUGAN | VICE PRESIDENT Officer | 35 | $67,739 | $7,311 |
| AMB BRIAN MCFEETERS | SENIOR VP/REGIONAL DIRECTOR Officer | 40 | $62,500 | $0 |
| JEFFREY PERLMAN | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAKE SIEWERT | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TAREQ MUHMOOD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LESLIE MANCUSO | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JB SIMKO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JANNIK TERMANSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS COLAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| QUINT SIMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL MCNAMEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHERINE SIMMONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CLAUDIA LORENZO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG SCHULZE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER CHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAWAL PREET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAELA BROWNING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN BRAIM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF RITTENER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAJEEV MENON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAFAEL FRANKEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID PEACOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEAN GARFIELD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEREK WILKINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE PERGINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MONICA BAUER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANIL ARGILLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER SELFRIDGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGORY WALTERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PENNY BURTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE KIELY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LINDA BEDRAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN GRAHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 17TH ST NW STE 411, WASHINGTON, DC 20036-4720
- In care of
- % MICHAEL SHUE
- Principal officer (990 for 2024)
- Michael Shue, 1101 17th Street NW Ste 411, Washington, DC 20036
- Signed the 990
- MICHAEL SHUE, CFO
- Phone
- (202) 289-1911
- Website
- WWW.USASEAN.ORG
- Return prepared by
- Mullins PC
Mission
See Schedule O.
Program accomplishments
- The Council conducts research and analysis of economic, environmental, financial, political, and social conditions in the ten countries of The Association of Southeast Asian Nations (ASEAN). The Council utilizes the results of its research and analysis to inform members by providing educational programs, technical information for product innovation, trade missions, and convening multiple meetings with ASEAN heads of state and ministers.
- The Council has sectoral initiatives benefitting members at both the local and regional level for the following industries: information communication technology, customs, food & agriculture, defense, energy, financial services, health & life sciences, infrastructure, manufacturing, and travel & tourism.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-2341318
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $5,937,329
- Income (IRS master file)
- $9,570,489
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,943,979 | $8,441,962 | $5,937,329 | XML |
| 990 | December 2023 | $7,388,992 | $8,096,816 | $5,237,099 | XML |
| 990 | December 2022 | $7,713,661 | $7,135,549 | $6,662,570 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2341318).
Questions about US-ASEAN BUSINESS COUNCIL INC
- What is the EIN of US-ASEAN BUSINESS COUNCIL INC?
- The employer identification number (EIN) of US-ASEAN BUSINESS COUNCIL INC is 52-2341318.
- Is US-ASEAN BUSINESS COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2002.
- Are donations to US-ASEAN BUSINESS COUNCIL INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does US-ASEAN BUSINESS COUNCIL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of US-ASEAN BUSINESS COUNCIL INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did US-ASEAN BUSINESS COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of US-ASEAN BUSINESS COUNCIL INC?
- The 990 for the year ended December 31, 2024 names Michael Shue.
- Who are the officers and directors of US-ASEAN BUSINESS COUNCIL INC?
- The 990 for the year ended December 31, 2024 lists 43 people; 10 received compensation from the organization, the highest $410,000 (Ted Osius, President & CEO).
- How much revenue does US-ASEAN BUSINESS COUNCIL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,943,979, expenses of $8,441,962 and total assets of $5,937,329 at year end.
Other nonprofits in WASHINGTON
- AMERICA VOTES EIN 26-4568349 · last filed 990 for 2025
- AMERICAN ASSOCIATION OF STATE HIGHWAY & TRANSPORTATION OFFICIALS EIN 53-0204654 · last filed 990 for 2025
- CORPORATION FOR TRAVEL PROMOTION EIN 36-4681868 · last filed 990 for 2025
- NORTH AMERICAN ELECTRIC RELIABILITY CORP EIN 20-4821888 · last filed 990 for 2024
- EDISON ELECTRIC INSTITUTE EIN 13-0659550 · last filed 990 for 2024
- HOUSE MAJORITY FORWARD EIN 83-4185105 · last filed 990 for 2024
- SOUNDEXCHANGE INC EIN 76-0742496 · last filed 990 for 2024
- GREEN BUSINESS CERTIFICATION INC EIN 26-0893414 · last filed 990 for 2024
All nonprofits in WASHINGTON · District of Columbia · Community improvement and capacity building