Overview
What is Faith And Community Empowerment?
Faith and Community Empowerment (FACE) is a nonprofit organization based in Los Angeles, California. Their primary mission is to foster the participation, contribution, and influence of the Asian American community through faith and community partnerships. To achieve this, FACE acts as a bridge between the Asian American community and the wider society, facilitating collaborations between faith-based organizations, community non-profits, and key stakeholders. They help maximize resources and funds, improve access to services for low-income individuals, and revitalize neighborhoods. In the realm of housing, FACE serves as a HUD-approved housing counseling agency, assisting first-time homebuyers through education, financial literacy, and counseling. Prospective homeowners learn about government down payment assistance programs, escrow, and related topics, enabling them to become informed and smart buyers. Since its inception, FACE has connected over 12,000 potential buyers with over $1.8 million in down payment and other assistance. Moreover, FACE provides mortgage relief and foreclosure prevention counseling to existing homeowners, saving over $93 million in mortgages from going into foreclosure. With a team of 6 employees, FACE has garnered over 800 partners across the nation, including the White House, Fortune 500 companies, local non-profits, and key institutional stakeholders. In summary, Faith and Community Empowerment (FACE) works tirelessly to uplift the Asian American community by addressing challenges, enhancing services, and shaping the landscape for the Korean/Asian American and Pacific Islander community.
Official website here: www.facela.org
Is Faith And Community Empowerment legitimate?
Faith And Community Empowerment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith And Community Empowerment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $144,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,781
For more financial information, click here
Official website here: www.facela.org
What is the mission statement of Faith And Community Empowerment?
Faith and Community Empowerment, often referred to as FACE, aims to enhance the participation, contribution, and influence of the Asian American community through collaboration with faith-based organizations and other community non-profits. By building partnerships and maximizing their capacities, FACE seeks to increase access to resources and funds, particularly for low-income individuals and communities. Their mission extends to revitalizing neighborhoods by addressing community challenges, improving the quality of services, and ultimately changing the landscape for the Korean/Asian American and Pacific Islander community. In addition to its mission, FACE serves as a bridge between the Asian American community and the broader society, fostering private and public collaborations. With over 800 partners across the nation, ranging from the White House to Fortune 500 companies and local non-profits, FACE plays a significant role in transforming lives and communities. As a HUD-approved housing counseling agency, FACE assists first-time homebuyers by providing homebuyer education, financial literacy, and counseling. Through their efforts, potential homeowners have access to government down payment assistance programs and other resources, equipping them to make informed and smart buying decisions. To date, FACE has connected over 12,000 potential buyers with over $1.8 million in down payment and other assistance. Furthermore, FACE offers mortgage relief and foreclosure prevention counseling, helping to save over $93 million in mortgages from going into foreclosure.
Official website here: www.facela.org
Who is the CEO of Faith And Community Empowerment?
Hyepin Im is the Chairman of Faith And Community Empowerment. The CEO's salary of Faith And Community Empowerment is $144,000 and their total compensation is $144,000.
Official website here: www.facela.org
What is the revenue of Faith And Community Empowerment?
Faith And Community Empowerment's revenue in 2022 was $768,901.
Official website here: www.facela.org
Who are the executives of Faith And Community Empowerment and what are their salaries?
The average compensation at Faith And Community Empowerment during 2022 was $37,630. There are 6 employees and 70 volunteers at Faith And Community Empowerment.
Here are 8 key members and their salaries (Faith And Community Empowerment's CEO's salary is $144,000 and their total compensation is $144,000):
- Hyepin Im (President/Ceo)
- Filberto Gonzalez (Chairman) [Trustee/Director]
- Justin Davis (Secretary) [Trustee/Director]
- Joseph Kang (Treasurer) [Trustee/Director]
- Rev John Jondai Park (Board Member) [Trustee/Director]
- Steve Suh (Board Member) [Trustee/Director]
- Maury Ruano (Board Member) [Trustee/Director]
- Edward Yen (Board Member) [Trustee/Director]
Official website here: www.facela.org
Where can I find the form 990 for Faith And Community Empowerment?
The Faith And Community Empowerment’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.facela.org
Learn more at the official website: www.facela.org
Mission Statement of Faith And Community Empowerment
Faith and Community Empowerment, commonly known as FACE, is a mission-driven organization with the goal of advancing the participation, contribution, and influence of the Asian American community. They achieve this by fostering partnerships between the Asian American community and the broader community at large. FACE serves as a bridge, connecting and creating collaborations between various stakeholders, including faith-based organizations, community non-profits, and key institutional players. The organization's efforts aim to maximize the capacities of these entities, increase access to resources and funds, and assist low-income individuals and revitalize neighborhoods.
In essence, FACE's mission is to bridge the gap between the Asian American community and the wider society, fostering partnerships and collaborations that empower the community to participate, contribute, and influence. By connecting with a wide range of partners, from the White House to Fortune 500 companies and local non-profits, FACE works to enhance the quality of services for low-income, immigrant, and disenfranchised individuals, ultimately changing the landscape for the Korean/Asian American and Pacific Islander community.
Impact
This information is meant to be a general summary of Faith And Community Empowerment. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Faith And Community Empowerment (FACE) has had a significant impact on the Asian American community and beyond. By serving as a bridge between the Asian American community and the larger society, FACE has facilitated collaborations with a wide range of partners, from the White House to Fortune 500 companies and local nonprofits. Through these partnerships, FACE has been able to maximize the resources and capacities of faith-based organizations and other community nonprofits, ultimately benefiting low-income individuals and revitalizing neighborhoods.
One of FACE's key initiatives is in the realm of homeownership. As a HUD-approved housing counseling agency, FACE has assisted first-time homebuyers in their homeownership journey by providing education, financial literacy, and counseling services. Through this program, over 12,000 potential buyers have been connected with over $1.8 million in down payment and other assistance, making homeownership more achievable for many individuals.
Moreover, FACE offers existing homeowners mortgage relief and foreclosure prevention counseling, leading to savings of over $93 million in prevented foreclosures. By addressing community challenges, enhancing service quality for low-income and disenfranchised individuals, and supporting the Korean/Asian American and Pacific Islander community, FACE has made a tangible difference in transforming lives and communities for the better.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLASSES/WORKSHOPS/CONV
Revenue
$69,546
Organization Details
Founding Year
2001
Phone
(213) 985-1550
Principal Officer
Hyepin Im
Main Address
3550 WILSHIRE BLVD 1124, LOS ANGELES, CA, 90010
Website
www.facela.org
NTEE Category
Code: X20 - Religion related
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