Shic, Inc.: Asian Health Services Exchange
How we got $65K
Based on IRS Form 990 (2024).
What we know
What they do
SHIC, Inc. (Asian Health Services Exchange) runs charitable and humanitarian projects for families affected by poverty and disability, including wheelchair distributions, day camps, picnics, family retreats, and remote medical clinics in China.
From the company's website. Industry: Home health & senior care.
Customers & suppliers
Suppliers & brands
- Joni and Friends International · brand it sells or installs
- Global Health Outreach (GHO) · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHIC, INC.: ASIAN HEALTH SERVICES EXCHANGE this business | $65K | — |
| SPECIAL OLYMPICS OKLAHOMA INC Tulsa · 12 employees | $2.9M | 0.9 mi |
| Actionsteps Counseling Tulsa | $683K | 1.0 mi |
| YOUTH AT HEART Tulsa · 20 employees | $1.2M | 1.0 mi |
| FAMILY LEGACY & WEALTH COUNSEL, PLLC Tulsa · 1 employees | $220K | 1.0 mi |
| CEDAR HILL PSYCHIATRY, LLC Tulsa · 2 employees | $552K | 1.1 mi |
| CLASS TULSA, LLC Tulsa · 25 employees | $2.6M | 1.1 mi |
The full calculation
Calibrated: revenue lowered to 70% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.
| Revenue range | $62K – $68K |
| EBITDA range | $10K – $12K |
| Industry (NAICS) | Services for the Elderly and Persons with Disabilities (624120) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingArvest BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/6/2020 | first | $3K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shic, Inc.: Asian Health Services Exchange
Shic, Inc.: Asian Health Services Exchange is a home health & senior care company in Tulsa, Oklahoma, in business since 2002. It is owned by Paula J. Umscheid (CEO). Its reported annual revenue is about $65K, with roughly $11K of EBITDA. It has about 4 employees.
Common questions
- Who owns Shic, Inc.: Asian Health Services Exchange?
- Shic, Inc.: Asian Health Services Exchange is owned by Paula J. Umscheid (CEO), according to public sources such as the company's website or filings.
- How much revenue does Shic, Inc.: Asian Health Services Exchange make?
- Shic, Inc.: Asian Health Services Exchange reported revenue of about $65K.
- How many employees does Shic, Inc.: Asian Health Services Exchange have?
- About 4, as reported on its PPP loan.
- When was Shic, Inc.: Asian Health Services Exchange founded?
- Shic, Inc.: Asian Health Services Exchange has been in business since 2002.