National Coalition For Asian Pacific American Community Dev
- Assets
- $7.7m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 25
- Location
- Washington, DC
- Founding
- 06/2001
- Data as of
- 12/2022
- EIN
- 91-2121566
Organization Overview
National Coalition For Asian Pacific American Community Dev is located in Washington, DC. The organization was established in 2001. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, National Coalition For Asian Pacific American Community Dev employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Coalition For Asian Pacific American Community Dev is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, National Coalition For Asian Pacific American Community Dev generated $7.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $6.8m during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, National Coalition For Asian Pacific American Community Dev has awarded 375 individual grants totaling $13,703,933. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL HOUSING COUNSELING PROGRAM - NATIONAL CAPACD IS A HOUSING COUNSELING INTERMEDIARY THAT SUPPORTS A NETWORK OF TRUSTED COMMUNITY-BASED ORGANIZATIONS (CBOS). THESE ORGANIZATIONS DELIVER CULTURALLY AND LINGUISTICALLY APPROPRIATE HOUSING COUNSELING SERVICES TO THE HOMELESS, LOW- AND MODERATE-INCOME RENTERS, HOMEBUYERS, AND HOMEOWNERS. WE PROVIDE GRANTS AND TRAINING RESOURCES THAT SUPPORT HOUSING COUNSELING SERVICES, OUTREACH ACTIVITIES, CAPACITY BUILDING, AND TRAINING. WE USE A PEER-TO-PEER APPROACH TO SHARE BEST PRACTICES AND STRATEGIES AMONG CBOS. IN 2022, THE NETWORK OF 12 ORGANIZATIONS SERVED OVER 5,000 LOW AND MODERATE-INCOME AA AND NHPIS, HELPING TO ENSURE INDIVIDUALS AND FAMILIES COULD REMAIN IN THEIR HOMES OR BUILD THEIR ASSETS THROUGH HOMEOWNERSHIP.
SMALL BUSINESS NETWORK / CREATIVE PLACEMAKING - NATIONAL CAPACD IS BUILDING THE CAPACITY OF TRUSTED, CULTURALLY COMPETENT, AND LINGUISTICALLY CAPABLE COMMUNITY BASED ORGANIZATIONS THROUGH A COMBINATION OF GROUP TRAINING AND INDIVIDUALIZED TECHNICAL ASSISTANCE FOCUSED ON BUSINESS COUNSELING AND MICRO-LENDING PRACTICE, AS WELL AS TRAININGS AND OPPORTUNITIES FOR PEER SHARING FOCUSED ON PLANNING AND POLICY TO SUPPORT NEIGHBORHOOD ECONOMIC STABILIZATION.
AAPI COMMUNITY RESILIENCE FUND - IN RESPONSE TO THE COVID-19 PANDEMIC, NATIONAL CAPACD LAUNCHED THE AAPI COMMUNITY RESILIENCE FUND. THIS FUND DROVE NATIONAL RESOURCES TO LOCAL, LOW-INCOME AAPI COMMUNITIES WITH LIMITED ACCESS TO FEDERAL AND PHILANTHROPIC FUNDING AND WHOSE NEEDS ARE TYPICALLY IGNORED BY MAINSTREAM RELIEF AND RECOVERY EFFORTS. IN 2022, THE COMMUNITY RESILIENCE FUND FOCUSED ON CROSS-RACIAL ALLYSHIP, HEALING, AND SOLIDARITY. THE FUND PROVIDED SUB-GRANTS TO 21 AA AND NHPI ORGANIZATIONS ACROSS THE COUNTRY TO SUPPORT THEIR OWN RACIAL HEALING AND ORGANIZATIONAL ANTI-RACISM WORK AND IMPLEMENT ACTIVITIES THAT BUILD MULTI-RACIAL COALITIONS AND ADVANCE A PROGRESSIVE AGENDA FOR EQUITABLE AND RACIALLY JUST COMMUNITY REINVESTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Yu Co-Chair | OfficerTrustee | 1.5 | $0 |
Rachelle Pastor Arizmendi Co-Chair | OfficerTrustee | 1.5 | $0 |
Duncan Hwang Secretary | OfficerTrustee | 1 | $0 |
Angie Liou Treasurer | OfficerTrustee | 1 | $0 |
Chhaya Chhoum At Large Board Member | Trustee | 1 | $0 |
Inhe Choi At Large Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $83,750 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $709,123 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,836,976 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,629,849 |
| Total Program Service Revenue | $31,725 |
| Investment income | $12,305 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,680,530 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,015,707 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $164,740 |
| Compensation of current officers, directors, key employees. | $18,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,578,891 |
| Pension plan accruals and contributions | $57,652 |
| Other employee benefits | $186,182 |
| Payroll taxes | $129,366 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $807,094 |
| Advertising and promotion | $15,065 |
| Office expenses | $94,462 |
| Information technology | $27,836 |
| Royalties | $0 |
| Occupancy | $136,375 |
| Travel | $98,861 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $487,474 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,408 |
| All other expenses | $0 |
| Total functional expenses | $6,845,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,465,600 |
| Savings and temporary cash investments | $2,439,868 |
| Pledges and grants receivable | $2,639,479 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,760 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $136,235 |
| Total assets | $7,711,942 |
| Accounts payable and accrued expenses | $281,776 |
| Grants payable | $584,205 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $124,123 |
| Total liabilities | $990,104 |
| Net assets without donor restrictions | $721,405 |
| Net assets with donor restrictions | $6,000,433 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,711,942 |
Grants Awarded
Over the last fiscal year, National Coalition For Asian Pacific American Community Dev has awarded $2,947,158 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
AHANA MULTI-ETHNIC BUSINESS ASSOCIATION PURPOSE: Small Business Network | $15,000 |
ALLIANCE OF RI SOUTHEAST ASIANS PURPOSE: AAPI Community Resilience Fund | $25,000 |
ALLIANCE FOR MULTICULTURAL COMMUNITY SERVICES PURPOSE: Asset Building; Small Business Network; Housing Counseling | $58,450 |
APANO COMMUNITIES UNITED FUND PURPOSE: Asset Building; Small Business Network; Housing Counseling; AAPI Community Resilience Fund; Community Empowerment | $65,450 |
ASIA PACIFIC CULTURAL CENTER PURPOSE: AAPI Community Resilience Fund | $20,000 |
ASIAN AMERICAN LEAD PURPOSE: AAPI Community Resilience Fund | $20,000 |