National Asian American Coalition

Organization Overview

National Asian American Coalition is located in Daly City, CA. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2020, National Asian American Coalition employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Asian American Coalition 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 12/2020, National Asian American Coalition generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (24.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE CONDUIT OF ECONOMIC DEVELOPMENT VIA TECHNICAL ASSISTANCE WITH MINORITY GROUPS IN CA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FORECLOSURE INTERVENTION AND DEFAULT COUNSELING - THROUGH PARTNERSHIP AND COMMUNITY INVOLVEMENT, NAAC 501(C)(3) EITHER SPONSORED OR PARTICIPATED IN MORE THAN 77 FORECLOSURE PREVENTION CLINICS IN THE LAST TWO YEARS. NAAC CURRENTLY PROVIDES FINANCIAL EDUCATION AND HOMEBUYER EDUCATION WORKSHOPS, FORCLOSURE PREVENTION CLINICS, MORTGAGE DEFAULT AND DELINQUENCY RESOLUTION COUNSELING, PRE-PURCHASE & POST PURCHASE COUNSELING.MICRO-BUSINESS TECHNICAL ASSISTANCE PROGRAM AIMS TO PROVIDE BUSINESS OWNERS WITH FUNDAMENTAL MANAGEMENT SKILLS TRAINING IN SPECIFIC CORE COMPETENCES NEEDED TO MANAGE AND OPERATE A SUCCESSFUL SMALL BUSINESS. IT IS DESIGNED TO PROVIDE PROGRAM PARTICIPANTS WITH DEFINITIVE BLUE PRINTS FOR MANAGING AND OPERATING A SUCCESSFUL MICRO-BUSINESS.PROJECT REBOUND PROGRAM - THE ORGANIZATION PURCHASES OR RECEIVES DONATED RESIDENCES DIRECTLY FROM VARIOUS BANKS AND SELLS THEM TO QUALIFYING PEOPLE THROUGH THE PROJECT REBOUND PROGRAM.AS PART OF ITS PROGRAM SERVICES, THE NATIONAL ASIAN AMERICAN COALITION (NAAC), ON BEHALF OF THE PUBLIC, IS ENGAGED IN ONGOING ADMINISTRATIVE LEGAL PROCEEDINGS BEFORE THE CALIFORNIA PUBLIC UTILITIES COMMISSION (CPUC). CPUC IS A GOVERNMENT AGENCY THAT REGULATES PRIVATELY-OWNED UTILITY COMPANIES ENSURING THAT CALIFORNIA UTILITY CUSTOMERS HAVE SAFE, RELIABLE UTILITY SERVICE AT REASONABLE RATES, PROTECTING AGAINST FRAUD, AND PROMOTING THE HEALTH OF CALIFORNIA'S ECONOMY. DURING THE TAX YEAR NAAC WAS AWARDED INTERVENOR COMPENSATION IN ONE DECISION AGAINST UTILITY COMPANIES.


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Board, Officers & Key Employees

Name (title)Compensation
Faith Bautista
President/ceo
$186,916
Josefina Bautista
CFO
$146,467
Cora M Oriel
Chair
$0
Pablo Wong
Treasurer
$0
James Santa Maria
Co-Chairman
$0
Alice G Atienza
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $178,700
All other contributions, gifts, grants, and similar amounts not included above$1,148,645
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,327,345
Total Program Service Revenue$211,902
Investment income $65,443
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,768,918
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,618,777

Grants Recieved

Over the last fiscal year, we have identified 7 grants that National Asian American Coalition has recieved totaling $1,701,545.

Awarding OrganizationAmount
Homefree Usa Inc

Landover, MD

PURPOSE: Property purchased for renovation and sale ot low and moderate income potential home owners.

$1,396,445
Silicon Valley Bank Foundation

Santa Clara, CA

PURPOSE: PPP CDFI GRANT - NATIONAL ASIAN AMERICAN COALITION FOR $100,000

$100,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$100,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$75,000
Banc Of California Charitable Foundation

Santa Ana, CA

PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT COMMUNITY DEVELOPMENT PROGRAMS

$20,000
Comerica Charitable Foundation

Detroit, MI

PURPOSE: SUPPORTING NAAC PROGRAMS FOR REVITALIZING HOUSING COUNSELING SERVICES IN THE WAKE OF COVID-19

$10,000
View Grant Recipient Profile

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