The party, based on the same ideals as its first incarnation, was re-established by a group of Assyrian activists in 2002 and is presently headquartered in Baghdad.

The Assyrian Socialist Party was founded in Urmia, Iran[6] in February 1917, inspired by the revolutionary sentiments in Russia which soon thereafter led to the Russian Revolution.

[5][7][1] Arsanis, a graduate of the Lazarev Institute of Oriental Languages, was the first head of the party's central committee.

[8] In April 1917, in response to the genocide,[7] Atturaya issued a Marxist-inspired[1] declaration in Aramaic, the Urmia Manifesto of the United Free Assyria, which called for the establishment of an independent Assyrian state, to "guarantee peace and freedom for all Assyrians in their ancestral land", hopefully with economic and military relations with the Russia.

[6] Atturaya was arrested by the authorities of the Soviet Union in 1924 for his nationalist organizing and, supposedly, suspicions of being a "British spy" and was killed in 1926.