NonprofitsAsian Community Development Corp

Housing & Shelter

Asian Community Development Corp

BOSTON, MA

Total revenue

$4.8M

Total expenses

$3.7M

Net assets

$24.7M

Grants received

$4.1M

92 grants

EIN

042988263

Tax year

2024

Mission

The asian community development corporation (acdc) works in underserved and immigrant asian american communities in the greater boston region to create and preserve affordable, sustainable, and healthy neighborhoods. We achieve this by building affordable homes and vibrant spaces, empowering families with asset-building tools, and strengthening communities through resident and youth leadership.

Programs

2 programs

The housing development program works to create and preserve high quality affordable housing to meet the needs of communities of low-income asian american populations. Acdc now has 7 properties in its portfolio that includes 344 affordable rentals.

Expenses: $692K

Youth programs include a high school leadership program, asian voices of organized youth for community empowerment (a-voyce), training youth in community leadership and organizing in chinatown and the greater boston area. Youth also have opportunities to learn about cultural identity, community development, and undertake placekeeping activities, which include resident-led public art projects and cultural events addressing community power and impacts of gentrification. Asian-american identifying high school youth learn entrepreneurship skills and apply these skills through running their own youth-led business providing walking tours of chinatown and other projects.

Expenses: $736K

Financials

FY 2024

Revenue

Contributions & grants$1.6M
Program service revenue$2.7M
Investment income$297K
Other revenue$211K
Total revenue$4.8M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising$231K
Other expenses$2.4M
Total expenses$3.7M
Total assets$43.6M
Net assets$24.7M

People

16 listed

NameRoleCompensation

ANGIE LIOU

EXECUTIVE DIRECTOR

Board

$134K

35 hrs/wk

DANIELLE KIM

DIRECTOR

Board

1 hrs/wk

EMILY YU

VICE CHAIR

Board

1 hrs/wk

EUGENE HO

TREASURER

Board

1 hrs/wk

GEOFFREY WHY

CHAIR

Board

1 hrs/wk

HELEN HAN

DIRECTOR (UNTIL 09/2024)

Board

1 hrs/wk

JARONE LEE

DIRECTOR

Board

1 hrs/wk

JEFFREY HSI

DIRECTOR

Board

1 hrs/wk

DANIEL PARK

DIRECTOR

Board

1 hrs/wk

MAI DU

DIRECTOR

Board

1 hrs/wk

MICHAEL S GRECO

DIRECTOR

Board

1 hrs/wk

NICK CHAU

DIRECTOR

Board

1 hrs/wk

PAUL W LEE

DIRECTOR

Board

1 hrs/wk

VINCENT LAU

ASST. CLERK

Board

1 hrs/wk

YONGMEI CHEN

ASST. TREASURER

Board

1 hrs/wk

KAREN SOOHOO

DIRECTOR

Board

1 hrs/wk

Independent contractors

ICON ARCHITECTURE

ARCHITECTURAL SERVICES

$160K

Grants received

Showing 92 of 92

FromAmountPurposeYear
$10K
PROGRAM SUPPORT
2024
$10K
PROGRAM SUPPORT
2024
$62K
Operating Support/Annual Fund
2023
$56K
Community Impact
2023
$50K
EXEMPT PURPOSE
2023
$40K
EXEMPT PURPOSE
2023
$30K
SUPPORT FOR SOCIAL SERVICE PROGRAMS OR EDUCATIONAL PROGRAMS
2023
$22K
ACTIVATING BOSTON PILOT GRANT
2023
$20K
EXEMPT PURPOSE
2023
$20K
COMBAT ANTI-ASIAN VIOLENCE
2023
$17K
Youth Development
2023
$15K
OUT-OF-SCHOOL TIME INITIATIVE
2023
$15K
BUILDING BLOCKS
2023
$14K
GENERAL OPERATING, CREATION AND/OR PRESENTING SUPPORT
2023
$10K
Community Development
2023
$167K
CARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS
2022
$100K
Community Development
2022
$47K
SUMMER LEARNING COMMUNITY
2022
$46K
Housing Counseling; AAPI Community Resilience Fund
2022
$44K
Community Impact
2022
$26K
GENERAL SUPPORT
2022
$22K
ACTIVATING BOSTON PILOT GRANT
2022
$20K
EXEPMT PRUPOSE
2022
$16K
EXEMPT PURPOSE
2022
$12K
TO SUPPORT UNDERSERVED AND IMMIGRANT ASIAN AMERICAN COMMUNITIES IN THE GREATER BOSTON REGION TO CREATE AND PRESERVE AFFORDABLE, SUSTAINABLE, AND HEALTHY NEIGHBORHOODS.
2022
$9K
SUB-GRANT TO OTHER ORGANIZATIONS IN THE APIS CAN COALITION FROM THE NELLIE MAE GRANT THAT CPA RECEIVED ON BEHALF OF APISCAN
2022
$180K
Emergency Support
2021
$167K
COMMUNITY SUPPORT
2021
$133K
Operating Support/Annual Fund
2021
$125K
Community Impact
2021
$121K
EXEMPT PURPOSE
2021
$87K
Housing Counseling; AAPI Community Resilience Fund
2021
$50K
Community Development
2021
$10K
OLMSTED NOW PARKS EQUITY AND SPACIAL JUSTICE PROJECT ON BOSTON GREENSPACE
2021
$10K
Community Health
2021
$10K
BUILDING BLOCKS PROGRAM
2021
$8K
ASIAN VOICES OF ORGANIZED YOUTH FOR COMMUNITY EMPOWERMENT
2021
$5K
Building Blocks program
2021
$5K
EXEMPT PURPOSE
2021
$100
GENERAL SUPPORT
2021
$304K
Community Impact
2020
$175K
Emergency Support
2020
$167K
COMMUNITY SUPPORT
2020
$77K
Housing Counseling; Asset Building
2020
$50K
Operating Support/Annual Fund
2020
$50K
OPEN DEVELOPMENT
2020
$45K
EXEMPT PURPOSE
2020
$28K
CIVIC ACTION GRANT & ASIAN RELEIF FUND
2020
$15K
COVID-19 Response Fund
2020
$10K
GENERAL OPERATING, CREATION AND/OR PRESENTING SUPPORT
2020
$10K
BUILDING BLOCKS PROGRAM
2020
$5K
General & Unrestricted
2020
$5K
SUPPORT SOLIDARITY ECONOMY FIELD LEADERSHIP EFFORTS BASED ON PROPOSALS
2020
$3K
GENERAL OPERATING SUPPORT
2020
$3K
PROGRAM SUPPORT
2020
$2K
EXEMPT PURPOSE
2020
$1K
Capital Campaign
2020
$125K
Community Impact
2019
$115K
CIVIC ACTION GRANT & ASIAN RELEIF FUND
2019
$59K
Emergency Support
2019
$50K
OPEN DEVELOPMENT
2019
$50K
Housing and Shelter
2019
$20K
Housing Counseling
2019
$15K
Operating Support/Annual Fund
2019
$10K
Community Health
2019
$7K
For grant recipient's exempt purposes
2019
$5K
BUILDING BLOCKS
2019
$127K
Community Impact
2018
$68K
HOUSING COUNSELING
2018
$50K
OPEN DEVELOPMENT
2018
$27K
CIVIC ACTION GRANT/MALDEN CIVIC ACTION GRANT
2018
$103K
Community Impact
2017
$50K
OPEN DEVELOPMENT
2017
$20K
PROGRAM SUPPORT
2017
$15K
Community Development
2017
$10K
Annual Fund
2017
Operating Support
2017

Funded by

$4.1M from 35 funders · 92 grants · 2017–2024

Boston Foundation Inc

$985K · 20 grants · 2017–2023

United Way Of Massachusetts Bay Inc

$884K · 7 grants · 2017–2023

Beth Israel Deaconess Medical Center

$500K · 3 grants · 2020–2022

National Coalition for Asian Pacific

$416K · 7 grants · 2018–2024

Eastern Bank Foundation

$204K · 5 grants · 2020–2023

Asian Healthcare Foundation Of

$200K · 4 grants · 2017–2020

Chinese Progressive Association

$199K · 5 grants · 2017–2022

American Online Giving Foundation Inc

$137K · 2 grants · 2023–2024

Details

EIN042988263
NTEE codeL20Z
Subsection03
Ruling date1998-10
Formed1987
Employees15
Volunteers100
ASIAN COMMUNITY DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo