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National Ace Foundation

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

EIN: 463200311 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is National Ace Foundation?

The National Ace Foundation is a nonprofit organization dedicated to enhancing the lives of Asian and Pacific Islander Americans. They achieve this by providing business education and training, conducting research, and supporting community development within the Asian American and Pacific Islander (AAPI) community. Their mission is to improve the quality of life for AAPI individuals by offering resources that empower businesses and foster sustainable growth. This nonprofit organization strives to contribute to the betterment of the AAPI community, helping to bridge gaps and promote success.


Official website here: www.nationalace.org

Is National Ace Foundation legitimate?

National Ace Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Ace Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nationalace.org

What is the mission statement of National Ace Foundation?

The National Ace Foundation aims to enhance the quality of life for Asian and Pacific Islander Americans by providing business education and training, conducting research, and promoting community development. Their mission is to assist the Asian American and Pacific Islander (AAPI) community in this manner, ultimately aiming to improve their overall well-being. The foundation achieves this goal through empowering AAPI businesses with innovative solutions and economic development strategies.


Official website here: www.nationalace.org

Who is the CEO of National Ace Foundation?

Chiling Tong is the Co-Chair of National Ace Foundation. The CEO's salary of National Ace Foundation is $0 and their total compensation is $0.


Official website here: www.nationalace.org

What is the revenue of National Ace Foundation?

National Ace Foundation's revenue in 2022 was $4,126,452.


Official website here: www.nationalace.org

Who are the executives of National Ace Foundation and what are their salaries?

Here are 16 key members and their salaries (National Ace Foundation's CEO's salary is $0 and their total compensation is $0):

    Jimmy Ferguson (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Huang (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amit Bhatnagar (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cy Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Doi (Director (Since Oct 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Eng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Imada (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chewy Jang (Director (Since Dec 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Fong Kushida (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shau-Wai Lam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marty Lorenzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian So (Director (Since Dec 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bin Yu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chiling Tong (President / Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Oliver (Chief Operating Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nationalace.org

    Where can I find the form 990 for National Ace Foundation?

    The National Ace Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nationalace.org

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

    Mission Statement of National Ace Foundation

    The National Ace Foundation, an esteemed organization, is dedicated to enhancing the lives of Asian and Pacific Islander American (AAPI) communities. This is achieved through a multi-faceted approach that includes business education and training, research, and community development. The primary goal of the foundation is to improve the overall quality of life for AAPI individuals by providing them with the necessary tools and resources to succeed in the business world. By focusing on these key areas, the National Ace Foundation aims to empower and uplift the AAPI community, fostering a more prosperous and thriving society for everyone involved.

    Impact

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




    Saturday, July 20, 2024

    The National Ace Foundation has a significant impact on the quality of life for Asian and Pacific Islander Americans. Through its focus on business education and training, research, and community development, the foundation empowers AAPI businesses and contributes to better community well-being. This organization based in Washington, DC, plays a crucial role in supporting the AAPI community's economic growth and 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: $0
  • Program Service Revenue: $271,771
  • Gross Receipts: $4,126,452

    • Assets and Liabilities:
  • Total Assets: $2,162,590
  • Total Liabilities: $409,949
  • Net Assets: $1,752,641
  • Programs

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

    PROGRAM SERVICE FEES

    Revenue

    $271,771

    Organization Details

    Founding Year

    2013

    Principal Officer

    Chiling Tong

    Main Address

    1300 PENNSYLVANIA AVENUE NW 700, WASHINGTON, DC, 20004

    NTEE Category

    Code: P20 - Human services

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