NonprofitsAsian Inc

Community Improvement & Capacity Building

Asian Inc

SAN FRANCISCO, CA

Total revenue

$5.6M

Total expenses

$4.4M

Net assets

$7.6M

Grants received

$2.2M

43 grants

EIN

941753170

Tax year

2024

Mission

The core mission of ASIAN, Inc. is the empowerment of the Asian American Community to achieve social equality by reducing dependency to create and expand access to opportunities in the areas of business development, housing and education. The most significant activities include technical assistance and research for strengthening the infrastructures of Asian American Communities in Northern California and to assist in their physical, economic, and social development.

Programs

1 program

Housing development program develops housing projects for low-to-moderate income households in san francisco and san jose.

Expenses: $1.5M

Financials

FY 2024

Revenue

Contributions & grants$673K
Program service revenue$3.5M
Investment income$127K
Other revenue$1.2M
Total revenue$5.6M

Expenses

Grants paid
Salaries & benefits$2.9M
Fundraising$47K
Other expenses$1.5M
Total expenses$4.4M
Total assets$14.8M
Net assets$7.6M

People

16 listed

NameRoleCompensation

LAMAR HEYSTEK

President

Board

$169K

40 hrs/wk

CHRISTINA CIU

Secretary

Board

2 hrs/wk

ANDREW CHAU

BOARD MEMBER

Board

2 hrs/wk

JONATHAN LEONG

BOARD MEMBER

Board

2 hrs/wk

ROGER ROYSE

BOARD MEMBER

Board

2 hrs/wk

ELJAY FEUERMAN

BOARD MEMBER

Board

2 hrs/wk

FRANK FUNG

Chairman

Board

2 hrs/wk

ROBERT LO

VICE-CHAIR

Board

2 hrs/wk

SONYA TRAC

BOARD MEMBER

Board

2 hrs/wk

BETTY LEM

Treasurer

Board

2 hrs/wk

AUBRI BRYAN

BOARD MEMBER

Board

2 hrs/wk

DAVID MENDOZA

PROJET DIRECTOR

Staff

$140K

40 hrs/wk

TONY TANG

BIZ PROGR DIRECTOR

Staff

$126K

40 hrs/wk

ARMAND PANTALEON

DIRECTOR OF RE MGM

Staff

$117K

40 hrs/wk

NOBBY CHENG

HOUSING DIRECTOR

Staff

$110K

40 hrs/wk

DRO ABRAHAMIAN

COO

Staff

$39K

40 hrs/wk

Independent contractors

Fennemore Wendel LLP

LEGAL SERVICE

$135K

Grants received

Showing 43 of 43

FromAmountPurposeYear
$400K
COMMUNITY PROGRESS MAKERS
2024
$224K
HOUSING COUNSELING & EDUCATION
2024
$13K
General operating support
2024
$3K
SPONSORSHIP FOR DRUNKEN DRAGON ANNUAL GALA
2024
$2K
GENERAL SUPPORT
2024
$2K
TO SUPPORT DEAR COMMUNITY PROJECT.
2024
$1K
Education, help minority owned business
2024
$179K
HOUSING COUNSELING & EDUCATION
2023
$30K
Small Business Technical Assistance for LMI Limited-English Proficient Microenterprise Owners
2023
$25K
PROGRAM/OPERATING SUPPORT
2023
$25K
ECONOMIC OPPORTUNITY
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2023
$10K
Neighborhood Strategies
2023
$5K
For grant recipient's exempt purposes
2023
$3K
SPONSORSHIP FOR DEAR COMMUNITY RESILLENT RABBIT GALA
2023
$316K
HOUSING COUNSELING & EDUCATION
2022
$35K
Small Business Network
2022
$25K
PROGRAM/OPERATING SUPPORT
2022
$10K
FUNDRAISER CONTRIBUTION
2022
$10K
EDUCATION, HELP MINORITY OWNED BUS.
2022
$9K
TO SUPPORT DEAR COMMUNITY PROJECT.
2022
$6K
PROGRAM GRANT
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$30K
COVID-19 Intervention for LMI Limited-English Proficient Small Business Recovery & Foreclosure Intervention
2021
$20K
Small Business Network
2021
$6K
PROGRAM GRANT
2021
$250K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2020
$200K
ADVISED - FOR SUPPORTING SMALL BUSINESS THROUGH MODERNIZING INFRASTRUCTURE FOR REPORTING, EVALUATION, AND LEARNING TO BETTER SUPPORT YOUR LOCAL COMMUNITY.
2020
$50K
Community Development
2020
$25K
Emergency COVID19 Intervention for LMI LEP Minority Business & Foreclosure Prevention
2020
$10K
Listos Outreach Grant
2020
$5K
COVID
2020
$1K
GENERAL FUND
2020
$376
EMPLOYEE MATCHING GIFTS
2020
$22K
DESIGNATED BY DONOR TO AGENCY & PROGRAM GRANT - CENSUS, VITA
2019
$25K
PROGRAM/OPERATING SUPPORT
2018
$5K
PROGRAM GRANT TO SUPPORT ECONOMIC SUCCESS SERVICES
2018

Funded by

$2.2M from 25 funders · 43 grants · 2018–2024

Consumer Credit Counseling Service Of

$719K · 3 grants · 2022–2024

Citi Foundation

$400K · 1 grant · 2024

Jpmorgan Chase Foundation

$250K · 1 grant · 2020

The San Francisco Foundation

$200K · 1 grant · 2020

The Bank of America Charitable Foundation Inc

$126K · 6 grants · 2018–2023

Comerica Charitable Foundation

$85K · 3 grants · 2020–2023

Mufg Union Bank Foundation Ag

$80K · 2 grants · 2020–2021

National Coalition for Asian Pacific

$65K · 3 grants · 2021–2023

Details

EIN941753170
NTEE codeS30Z
Subsection03
Ruling date1976-02
Formed1971
Employees46
Volunteers2
ASIAN INC — Mission, Financials & Grants Received | Grantivo