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National Asian American Coalition

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 331095784 ✦ Daly city, CA ✦ Designated as a 501(c)(3)

Overview

What is National Asian American Coalition?

The National Asian American Coalition, based in Daly City, California, is a 501(c)(3) nonprofit organization committed to housing counseling, homebuying education, and community involvement. Over the past two years, they have participated in over 77 foreclosure prevention clinics. Their services include financial education workshops, mortgage default and delinquency resolution counseling, and pre-purchase and post-purchase counseling. They also operate a US Department of Treasury-certified Small Business Center, providing access to basic financial services, affordable credit, and investment capital for low-income borrowers. The organization offers guidance online to prospective loan applicants and conducts workshops for business owners. Additionally, they advocate for communities on consumer issues before governmental bodies and engage in ongoing administrative legal proceedings before the California Public Utilities Commission. The Coalition also runs a program called "Owning a Piece of America," aimed at informing, empowering, and inspiring the new immigrant community in Southern California.


Official website here: www.naac.org

Is National Asian American Coalition legitimate?

National Asian American Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Asian American Coalition 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: $877,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,982

For more financial information, click here


Official website here: www.naac.org

What is the mission statement of National Asian American Coalition?

The National Asian American Coalition's mission is to serve as a conduit for economic development, primarily through providing technical assistance to minority groups in California. Their objective is to become the preferred resource for low and moderate income families. This encompasses, but is not limited to, promoting sustainable and responsible homeownership, advocating for homeownership opportunities for low-to-moderate-income individuals and families, and advocating for communities on a wide range of consumer issues before governmental bodies. Additionally, they support small business development for minorities and veterans.


Official website here: www.naac.org

Who is the CEO of National Asian American Coalition?

Filiberto Gonzalez is the Chairperson of National Asian American Coalition. The CEO's salary of National Asian American Coalition is $698,250 and their total compensation is $698,250.


Official website here: www.naac.org

What is the revenue of National Asian American Coalition?

National Asian American Coalition's revenue in 2022 was $10,166,342.


Official website here: www.naac.org

Who are the executives of National Asian American Coalition and what are their salaries?

The average compensation at National Asian American Coalition during 2022 was $96,244. There are 12 employees at National Asian American Coalition.

Here are 11 key members and their salaries (National Asian American Coalition's CEO's salary is $698,250 and their total compensation is $698,250):

    Faith Bautista (President & Ceo)
  • Compensation: $698,250
  • Related: $0
  • Other: $0

    • Josefina Bautista (Cfo)
  • Compensation: $179,701
  • Related: $0
  • Other: $0

    • Cora Oriel (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Santamaria (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Anderson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alicia Atienza (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Hobson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Bryant (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Cross (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nellie Reyes-Schwab (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lidell Page (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.naac.org

    Where can I find the form 990 for National Asian American Coalition?

    The National Asian American Coalition’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.naac.org

    Learn more at the official website: www.naac.org

    Mission Statement of National Asian American Coalition

    The National Asian American Coalition, abbreviated as NAAC, is committed to serving as a conduit for economic development for low and moderate-income families, primarily within minority groups. Their mission extends beyond this, encompassing the promotion of sustainable and responsible homeownership, outreach for small business development among minorities and veterans, and advocacy for homeownership opportunities for those in the lower to moderate income bracket. Furthermore, NAAC is involved in advocating for communities on a wide range of consumer issues before various governmental bodies. Their efforts aim to empower these communities and contribute to their overall well-being.

    Impact

    This information is meant to be a general summary of National Asian American Coalition. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The National Asian American Coalition has had a significant impact in providing economic development opportunities through technical assistance with minority groups in California. Specifically, their activities focus on housing counseling, homebuyer education, and community involvement. In the past two years, NAAC has sponsored or participated in over 77 foreclosure prevention clinics, demonstrating their commitment to preventing foreclosures and ensuring financial stability for families.

    Furthermore, NAAC currently offers financial education workshops, homebuyer education programs, foreclosure prevention clinics, and counseling for mortgage default and delinquency resolution. Their Small Business Center, certified by the US Department of Treasury as a Community Development Financial Institution (CDFI), aims to provide access to basic financial services, affordable credit, and investment capital to low-income borrowers who have been historically underserved by traditional banking institutions.

    Through their interventions in administrative legal proceedings before the California Public Utilities Commission (CPUC), NAAC advocates for the public interest, ensuring safe and reliable utility services at reasonable rates for California residents. Their program "Owning a Piece of America" is dedicated to informing and empowering the immigrant community in Southern California, providing essential information on topics such as homebuying, credit restoration, access to capital for small businesses, and consumer protection.

    In sum, the National Asian American Coalition plays a vital role in advocating for low-to-moderate-income families, minorities, and veterans, and creating homeownership opportunities for underserved communities. Their mission to increase sustainable homeownership and support small business development aligns with their commitment to serving as a conduit for economic empowerment and community advancement.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $296,716
  • Program Service Revenue: $632,198
  • Gross Receipts: $10,167,624

    • Assets and Liabilities:
  • Total Assets: $19,747,862
  • Total Liabilities: $9,095,838
  • Net Assets: $10,652,024
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FRAMEWORK FEES

    Revenue

    $179,820

    LOAN FEES

    Revenue

    $179,344

    INTERVENOR COMPENSATION

    Revenue

    $103,089

    SPONSORSHIPS

    Revenue

    $93,425

    SAN DIEGO 1ST RESPONDER PROGRAM

    Revenue

    $50,000

    Organization Details

    Founding Year

    2004

    Principal Officer

    Filiberto Gonzalez

    Main Address

    318 WESTLAKE CENTER 270, DALY CITY, CA, 94015

    NTEE Category

    Code: P20 - Human services

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