Association Of Chinese Americans Inc
- Assets
- $2.1m
- Revenue
- $847.5k
- Investments
- $0.0
- Employees
- 15
- Location
- Madison Heights, MI
- Founding
- 04/1975
- Data as of
- 09/2021
- EIN
- 38-2809409
Organization Overview
Association Of Chinese Americans Inc is located in Madison Heights, MI. The organization was established in 1975. According to its NTEE Classification (R20) the organization is classified as: Civil Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 09/2021, Association Of Chinese Americans Inc employed 15 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Association Of Chinese Americans Inc 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 09/2021, Association Of Chinese Americans Inc generated $847.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $598.3k during the year ending 09/2021. While expenses have increased by 3.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE ATTACHED ADDITIONAL INFORMATION FOR PART III
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PROGRAMS AND ACTIVITIES TO REDUCE STRESS ASSOCIATED WITH LANGUAGE AND CULTURAL BARRIERS.
PROVIDE CULTURAL, FITNESS, LANGUAGE, LEARNING AND NUTRITION PROGRAMS TO IMPROVE MENTAL AND PHYSICAL HEALTH FOR SENIOR CITIZENS.
PROVIDE SUMMER CULTURAL CAMPS, HIGH SCHOOL SCHOLARSHIPS, WORKFORCE LEARNING AND LEADERSHIP PROGRAMS FOR THE YOUTH.
TO PROMOTE CULTURAL DIFFERENCES AND AWARENESS OF DIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Li Executive Director | Officer | 40 | $57,024 |
Peggy Du Executive Director | Officer | 40 | $46,797 |
Chris Quiambao Director | Trustee | 2 | $2,100 |
Shen-Lin Chen President | Trustee | 2 | $0 |
Sharon Dow Vice President | Trustee | 2 | $0 |
Gloria Zhao Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,370 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $169,241 |
| All other contributions, gifts, grants, and similar amounts not included above | $556,187 |
| Noncash contributions included in lines 1a–1f | $71,430 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $726,798 |
| Total Program Service Revenue | $102,648 |
| Investment income | $4,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $275 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,617 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $847,472 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $59,768 |
| Compensation of current officers, directors, key employees. | $598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $210,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,749 |
| Payroll taxes | $20,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,658 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,227 |
| Travel | $2,206 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,788 |
| Insurance | $8,812 |
| All other expenses | $48,774 |
| Total functional expenses | $598,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $347,756 |
| Savings and temporary cash investments | $120,614 |
| Pledges and grants receivable | $134,933 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,529,134 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,593 |
| Total assets | $2,136,030 |
| Accounts payable and accrued expenses | $20,087 |
| Grants payable | $0 |
| Deferred revenue | $2,009 |
| 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 | $4,110 |
| Total liabilities | $26,206 |
| Net assets without donor restrictions | $1,890,641 |
| Net assets with donor restrictions | $219,183 |
| 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 | $2,136,030 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Association Of Chinese Americans Inc has recieved totaling $62,344.
| Awarding Organization | Amount |
|---|---|
National Coalition For Asian Pacific American Community Dev Washington, DC PURPOSE: AAPI Community Resilience Fund; Small Business Network | $27,125 |
Aarp Washington, DC PURPOSE: Grant to support AARP's livable community initiative and gala sponsorship | $11,000 |
Michigan Nonprofit Association Lansing, MI PURPOSE: SUB-GRANT PER ICRC MOU | $8,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $5,102 |
Ford Motor Co Fund Dearborn, MI PURPOSE: COMMUNITY NEEDS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prokids Cincinnati, OH | $16,476,823 | $5,485,514 |
Ohio Casa Gal Association Columbus, OH | $1,021,280 | $689,803 |
Court Appointed Advocates For Children Inc Columbus, IN | $566,115 | $1,331,845 |
Parke County Community Foundation Inc Rockville, IN | $22,805,525 | $2,807,707 |
Council On American-Islamic Relations - Ohio Hilliard, OH | $2,044,865 | $1,334,437 |
Cicoa Foundation Inc Indianapolis, IN | $3,482,974 | $1,031,332 |
Vanderburgh County Casa Incorporated Evansville, IN | $1,281,532 | $1,103,689 |
Pure Hope Coalition Cincinnati, OH | $228,727 | $625,408 |
Casa Of Kent County Inc Grand Rapids, MI | $1,090,804 | $684,716 |
Association Of Chinese Americans Inc Madison Heights, MI | $2,136,030 | $847,472 |
Ohio Network Of Childrens Advocacy Centers Columbus, OH | $200,223 | $546,460 |
Progressive States Action Madison, WI | $609,588 | $541,060 |