ACE FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ACE FOUNDATION (EIN 46-3200311)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-03
- IRS object ID
- 202421859349300032
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-03T10:00:02-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAN GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1020 19TH STREET NW SUITE 800 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463200311 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACEF | BusinessNameControlTxt |
| Phone | 2022042579 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 PENNSYLVANIA AVENUE NW 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHILING TONG | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 2022042579 | PhoneNum |
| Signature | 2024-07-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHILING | PersonFirstNm |
| Person Last | TONG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER S HAN | PreparerPersonNm |
| PTIN | P00633304 | PTIN |
| Phone | 2022937000 | PhoneNum |
| Preparation | 2024-07-03 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ACE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHILING TONG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 PENNSYLVANIA AVENUE NW 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,565,208 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NATIONALACE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | IMPROVE THE QUALITY OF LIFE FOR ASIAN AND PACIFIC ISLANDER AMERICANS THROUGH BUSINESS EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,854,681 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,549,006 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $271,771 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $13,402 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $2,800 | CYOtherRevenueAmt |
| PY Total Revenue | $4,126,452 | PYTotalRevenueAmt |
| CY Total Revenue | $2,565,208 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,302,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,343,438 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,077,062 | PYOtherExpensesAmt |
| CY Other Expenses | $889,895 | CYOtherExpensesAmt |
| PY Total Expenses | $4,379,062 | PYTotalExpensesAmt |
| CY Total Expenses | $2,233,333 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$252,610 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $331,875 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,162,590 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,452,433 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $409,949 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $353,996 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,752,641 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,098,437 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO IMPROVE THE QUALITY OF LIFE FOR ASIAN AND PACIFIC ISLANDER AMERICANS BY ASSISTING THE ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) COMMUNITY THROUGH BUSINESS EDUCATION AND TRAINING, RESEARCH, AND COMMUNITY DEVELOPMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,320,000 | ExpenseAmt |
| Grant | $1,320,000 | GrantAmt |
| Desc | AAPISTRONG: AAPISTRONG IS A NATIONAL CALL-TO-ACTION PROGRAM POWERED BY THE NATIONAL ASIAN/PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE AND ENTREPRENEURSHIP (NATIONAL ACE). THE PROGRAM'S PRIMARY GOAL IS TO CONVENE OUR NETWORK OF AFFILIATE ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) BUSINESS ORGANIZATIONS, ENTREPRENEURS, CORPORATE LEADERS, AND STAKEHOLDERS TO ADVANCE EQUITY, JUSTICE, AND OPPORTUNITY FOR AAPI COMMUNITIES EVERYWHERE.AAPI-OWNED BUSINESSES ARE ABSOLUTELY ESSENTIAL TO THE HEALTH OF NATIONAL AND LOCAL ECONOMIES. 1 IN 10 BUSINESSES IN THE COUNTRY ARE AAPI-OWNED, AND WE OPERATE IN THE FOOD INDUSTRY, HEALTHCARE, CONVENIENCE STORES, SALONS, MANUFACTURING, AND TECHNOLOGY. THE AAPISTRONG PROGRAM FOSTERS THE WELLBEING OF THESE VITAL INSTITUTIONS BY PROVIDING TECHNICAL ASSISTANCE ON BUSINESS RESILIENCE, RESOURCES ON BUSINESS RECOVERY, INFORMATION ON STARTING, GROWING, OR RETAINING A BUSINESS, AND CREATING AVENUES FOR EDUCATION ON ACCESS TO CAPITAL AND CONTRACTING. TOGETHER, WITH OUR PUBLIC AND PRIVATE PARTNERS, WE ARE STANDING UP AGAINST RACIAL DISCRIMINATION WHILE BUILDING COMMUNITY AND SHARING RESOURCES ON HOW AAPI ENTREPRENEURS CAN OVERCOME THE MOST PRESSING CHALLENGES AND BECOME MORE RESILIENT. FROM ANTI-ASIAN HATE TO HEALTH EQUITY, SUSTAINABILITY, AND DIGITAL ADOPTION, THE AAPISTRONG PROGRAM WILL CONTINUE WORKING WITH LOCAL PARTNERS TO PROVIDE BUSINESSES WITH MUCH-NEEDED SERVICES, RESOURCES, AND CONNECTIONS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $213,245 | ExpenseAmt |
| Desc | ECONOMIC DEVELOPMENT - ACE FOUNDATION EDUCATES LOCAL AND REGIONAL AAPI CHAMBERS OF COMMERCE, MOU PARTNERS, AND OTHER STAKEHOLDERS ACROSS THE COUNTRY TO PROVIDE INNOVATIVE BUSINESS SOLUTIONS THROUGH QUALITY PROGRAMS AND SERVICES. ACE FOUNDATION ALSO CONTRIBUTES TO OUR NATION'S ECONOMIC GROWTH, BUSINESS DEVELOPMENT, AND GOVERNMENT EFFICIENCY BY SUPPORTING PROGRAMS AND POLICIES THAT CREATE MORE AAPI BUSINESS OWNERS, ENTREPRENEURS, AND CORPORATE LEADERS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $213,245 | ExpenseAmt |
| Desc | EDUCATION - ACE FOUNDATION WORKS TO EDUCATE ASIAN AMERICAN AND PACIFIC ISLANDER BUSINESS COMMUNITIES ON ISSUES THAT WILL DIRECTLY IMPROVE THEIR ECONOMIC, POLITICAL, AND SOCIAL WELL-BEING. ACE FOUNDATION HOSTS EVENTS AIMED TO HELP EDUCATE THE MINORITY BUSINESS COMMUNITY. THESE EVENTS INCLUDE ROUNDTABLES AND SYMPOSIUMS COORDINATED WITH FEDERAL GOVERNMENT AGENCIES. MANY OF THESE EVENTS ARE VIRTUAL WEBINARS WHICH COVER TOPICS AROUND ACCESS TO CAPITAL, CONTRACTING OPPORTUNITIES, GRANT WRITING, RETIREMENT SECURITY, FINANCIAL CAPACITY, AND CHALLENGES FACING MINORITY BUSINESS OWNERS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $23,438 | ExpenseAmt |
| Grant | $23,438 | GrantAmt |
| Desc | OTHER PROGRAMS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $23,438 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $23,438 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $1,769,928 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHILING TONG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022042579 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 PENNSYLVANIA AVENUE NW NO 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| KAREN ENG | ||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JIMMY FERGUSON | ||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TRACEY DOI | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| AMIT BHATNAGAR | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARIKO CARPENTER | ||||||
| DIRECTOR (FROM JUNE THRU DEC 2023) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CY CHEN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TAMMY FUNASAKI | ||||||
| DIRECTOR (AS OF OCT 2023) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DENNIS HUANG | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BILL IMADA | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHEWY JANG | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SHAU-WAI LAM | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARTY LORENZO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| IAN SO | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BIN YU | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHILING TONG | ||||||
| PRESIDENT AND CEO | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ACE | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 PENSYLVANIA AVE NW 700 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | MANAGEMENT & ADMINISTRATIVE SVCS | ServicesDesc |
| Compensation | $760,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,549,006 | AllOtherContributionsAmt |
| Total Contributions | $2,549,006 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,402 | TotalRevenueColumnAmt |
| Exclusion | $13,402 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| MISCELLANEOUS REVENUE | 900099 | $1,800 | $1,800 |
| SPEAKER FEES | 900099 | $1,000 | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,800 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,565,208 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $16,202 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,343,438 | TotalAmt |
| Program Services | $1,343,438 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $460,000 | TotalAmt |
| Management And General | $460,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2 | TotalAmt |
| Management And General | $2 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,490 | TotalAmt |
| Program Services | $126,490 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,000 | TotalAmt |
| Program Services | $300,000 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,366 | TotalAmt |
| Management And General | $1,366 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SUBSCRIPTIONS | Desc |
| Total | $2,037 | TotalAmt |
| Management And General | $2,037 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,233,333 | TotalAmt |
| Program Services | $1,769,928 | ProgramServicesAmt |
| Management And General | $463,405 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,949,351 | BOYAmt |
| EOY | $872,561 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $48,438 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,900 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $558 | BOYAmt |
| EOY | $2,338 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,527,321 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,781 | BOYAmt |
| EOY | $1,775 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,162,590 | BOYAmt |
| EOY | $2,452,433 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $63,333 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $23,438 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $409,949 | BOYAmt |
| EOY | $267,225 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $409,949 | BOYAmt |
| EOY | $353,996 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,357,641 | BOYAmt |
| EOY | $1,988,437 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $395,000 | BOYAmt |
| EOY | $110,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,752,641 | BOYAmt |
| EOY | $2,098,437 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,162,590 | BOYAmt |
| EOY | $2,452,433 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $331,875 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $13,921 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $311,710 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $297,402 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,902,722 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,854,681 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,549,006 | CurrentTaxYearAmt |
| Total | $11,915,521 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $311,710 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $297,402 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,902,722 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,854,681 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,549,006 | CurrentTaxYearAmt |
| Total | $11,915,521 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,815,236 | SubstantialContributorsTotAmt |
| Public Support Total170 | $4,100,285 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $18 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year | $13,402 | CurrentTaxYearAmt |
| Total | $13,420 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $2,800 | CurrentTaxYearAmt |
| Total | $2,800 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $11,931,741 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $385,001 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.34360 | PublicSupportCY170Pct |
| Public Support PY170 | 0.36490 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS REVENUE - 2023 AMOUNT: $ 1,000. SPEAKER FEES - 2023 AMOUNT: $ 1,800. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATE | Desc |
| Amt | $267,225 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $267,225 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2023 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (74 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|---|---|
| ALOHA ISLAND MARKET AZ | |||||||||
| 454 N LINDSAY RD A2 | MESA | AZ | 85213 | 854071080 | $50,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| RANKEN NOODLE HOUSE LLC | |||||||||
| 133 COMMERCE SQUARE PL | GAITHERSBURG | MD | 20878 | 841777220 | $50,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SUNHEE'S FARM AND KITCHEN LLC | |||||||||
| 95-97 FERRY STREET | TROY | NY | 12180 | 811221282 | $50,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE & ENTREPRENEURSHIP | |||||||||
| 1300 PENNSYLVANIA AVENUE NW SUITE | WASHINGTON | DC | 20004 | 462071116 | $23,438 | $0 | GENERAL SUPPORT | 700 | 501(C)(6) |
| A VERY GOOD FOOD COMPANY LLC | |||||||||
| 9623 FAIRFAX BLVD | FAIRFAX | VA | 22031 | 882229020 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| ADOBO LLC | |||||||||
| 4086 COVINGTON HIGHWAY STE 600 | DECATUR | GA | 30032 | 842091345 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| AZN CONCEPTS LLC | |||||||||
| 1919 W PECOS AVE | MESA | AZ | 85202 | 843428161 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| BANHKHOTLADY | |||||||||
| 11142 FAYE AVE | GARDEN GROVE | CA | 92840 | 851662903 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| BELA VEGETARIAN RESTAURANT | |||||||||
| PO BOX 56 | NORTHAMPTON | MA | 01061 | 043331552 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| BIG SAI'S HAWAIIAN BARBEQUE | |||||||||
| 2672 N HILL FIELD RD SUITE 4 | LAYTON | UT | 84041 | 900667243 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| BOBALOOMPIA LLC | |||||||||
| 5038 SHILOH VILLAGE DR | TYLER | TX | 75703 | 464638945 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| BOWERY GYOKAI LLC | |||||||||
| 44 BOWERY GROUND FLOOR | NEW YORK | NY | 10013 | 820781646 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| CHEUNG LEE GARDEN INC | |||||||||
| 428 WATER ST | GARDINER | ME | 04345 | 010444498 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| DAE JANG GEUM | |||||||||
| 10194 BALTIMORE NATIONAL PIKE SUITE | ELLICOTT CITY | MD | 21042 | 814031897 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | 111 | |
| DNN NA LLC | |||||||||
| 5660 SELMARAINE DRIVE K3 | CULVER CITY | CA | 90230 | 923385396 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| DUMPLING HAUS LLC | |||||||||
| 1701 CALIFORNIA ST | HOUSTON | TX | 77006 | 822783806 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| EAST WOK LANDSTAR LLC | |||||||||
| 13807 LANDSTAR BLVD SUITE 112 | ORLANDO | FL | 32824 | 824819048 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| FORK AND SPOON FOOD HOUSE LLC | |||||||||
| 5430 SE 104TH AVE | PORTLAND | OR | 97266 | 831269914 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| GEN TECH LLC | |||||||||
| 131 IVY STREET | CHESTERTON | IN | 46304 | 824983662 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| GOLDEN DRAGON RESTAURANT LLC | |||||||||
| 7173 SAINT ANDREWS ROAD | COLUMBIA | SC | 29212 | 822486734 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| GUERRILLA FOOD LLC | |||||||||
| 17740 WOODWARD AVE | DETROIT | MI | 48203 | 465027886 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| HABIBI GRILL | |||||||||
| 3460 S REDWOOD RD 5A | SALT LAKE CITY | UT | 84119 | 873724061 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| HAO CHI INC | |||||||||
| 629 S BROADWAY | BALTIMORE | MD | 21231 | 841861137 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| HARVEST SOIL LLC | |||||||||
| 307 NE THORNTON PLACE APT 314 | SEATTLE | WA | 98125 | 810755778 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| HUE VIETAMESE RESTAURANT | |||||||||
| 2699 SOUTH KINNICKINNIC AVENUE | MILWAUKEE | WI | 53207 | 271284196 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| ICED LLC | |||||||||
| 4131 N ROCKWELL ST K5 | CHICAGO | IL | 60618 | 882507055 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| ISLAND FIYAH GRILL LLC | |||||||||
| 1437 N KING ST SUITE B | HONOLULU | HI | 96817 | 920376275 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| JOYU TEA & COFFEE LLC | |||||||||
| 429 SOUTHGATE AVE | VIRGINIA BEACH | VA | 23462 | 883601128 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| JUKIMOO LLC | |||||||||
| 338 PROSPECT PLACE APT 4-I | BROOKLYN | NY | 11238 | 261429181 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| KABOB STOP LLC | |||||||||
| 291 E 3300 S | SOUTH SALT LAKE | UT | 84111 | 861934184 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| KABOBI LLC | |||||||||
| 22863 LACEY OAK TER | STERLING | VA | 20166 | 844940875 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| KAI POPS LLC | |||||||||
| 182 N 2040 E | SPANISH FORK | UT | 84660 | 852297268 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| KANDAHAR KABAB INC | |||||||||
| 2331 LINCOLN ST | NORTH BELLMORE | NY | 11710 | 824078861 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| KORAI KITCHEN LLC | |||||||||
| 66 VAN REIPEN AVENUE APT 1 | JERSEY CITY | NJ | 07306 | 474304896 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| KOREAN FUSION INC | |||||||||
| 67 LUBEC STREET APT 4 | BOSTON | MA | 02128 | 462832083 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| KRAKATOA MIAMI LLC | |||||||||
| 732 NE 87TH STREET | MIAMI | FL | 33138 | 821273368 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| LE GOURMET | |||||||||
| 665 GALWAY DR | IOWA CITY | IA | 52246 | 811548605 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| LE'S KITCHEN | |||||||||
| 112 DEVONSHIRE | HEWITT | TX | 76643 | 863211581 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| MAI'S DELI LLC | |||||||||
| 104 S MEMORIAL DR | APPLETON | WI | 54911 | 271959104 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| MELBOURNE HOP BO CHINESE RESTAURANT INC | |||||||||
| 182 N 2040 E | SPANISH FORK | UT | 84660 | 852297268 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| MILBINA INC | |||||||||
| 4712 N KIMBALL AVE | CHICAGO | IL | 60625 | 874331703 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| MUANG THAI RESTAURANT INC | |||||||||
| 2637 N CLAIREMONT AVE | EAU CLAIRE | WI | 54703 | 462412975 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| NA NA'S KITCHEN INC | |||||||||
| 301 VISITACION AVE | BRISBANE | CA | 94005 | 471581093 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| NAMASTE NATURAL PRODUCTS LLC | |||||||||
| 2512 HENNEPIN AVE | MINNEAPOLIS | MN | 55405 | 260794708 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| NO KE ALOHA INC | |||||||||
| 3411 S FLANDERS WAY | AURORA | CO | 80013 | 473786927 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| NV FOOD VENTURE | |||||||||
| 4161 S EASTERN AVENUE UNIT A-1 2 | LAS VEGAS | NV | 89119 | 823121726 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| OM NAMO BHAGVATE VASU DEVAY LLC | |||||||||
| 9 EAST STATE STREET | TRENTON | NJ | 08608 | 471839520 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| PARACHUTE RESTAURANT LLC | |||||||||
| 3500 N ELSTON AVENUE UNIT 1 | CHICAGO | IL | 60618 | 462979063 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| PATRICIA GROUP CORP | |||||||||
| 4624 N WINCHESTER AVE | CHICAGO | IL | 60640 | 475405042 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| PB POKE HOUSE | |||||||||
| 4150 MISSION BLVD 145 | SAN DIEGO | CA | 92109 | 824222574 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| PHUKET THAI RESTAURANT | |||||||||
| 901 N PACIFIC COAST HWY 100B | REDONDO BEACH | CA | 90277 | 882587370 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| PLATFORM Z | |||||||||
| 375 CONSHOHOCKEN STATE RD | BALA CYNWYD | PA | 19004 | 882770983 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| QI INC | |||||||||
| 970 N BROADWAY STE 112 | LOS ANGELES | CA | 90012 | 364938877 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| RASOI VENTURES LLC | |||||||||
| 417 W PEACE ST 938 | RALEIGH | NC | 27603 | 830688631 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| RICH HARVEST FOODS LLC | |||||||||
| 6448 EAST HIGHWAY 290 SUITE A-100 | AUSTIN | TX | 78723 | 841932599 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| RLM CREATIVE | |||||||||
| 3702 MEADOW LANE | SALINE | MI | 48176 | 834039842 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| ROEBLING PIZZA LLC | |||||||||
| 65 SOUTH 11TH STREET APT 4C | BROOKLYN | NY | 11249 | 882845868 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SANDBOX 999 CORP | |||||||||
| 1721 E COLTON AVE SPC 99 | REDLANDS | CA | 92374 | 861979591 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SAUCY CHICK ROTISSERIE | |||||||||
| 5400 GOLDEN WEST | TEMPLE CITY | CA | 91780 | 852627105 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SILICON BEACH DINER | |||||||||
| 2720 NEILSON WAY | SANTA MONICA | CA | 90405 | 831222803 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SIMPLY KHMER | |||||||||
| 26 LINCOLN STREET | LOWELL | MA | 01851 | 833012769 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SOCOLA CHOCOLATIER | |||||||||
| 535 FOLSOM ST | SAN FRANCISCO | CA | 94105 | 273194493 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SOUL SISTERS ENTERPRISE LLC | |||||||||
| 9535 BRADDOCK RD | FAIRFAX | VA | 22032 | 842709396 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SU888 INC | |||||||||
| 319 E 2ND ST SUITE 205 | LOS ANGELES | CA | 90012 | 842245420 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| SUASDAY HANOVER LLC | |||||||||
| 227 HANOVER ST | BOSTON | MA | 02113 | 871598441 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| TANG AND JAVA | |||||||||
| 22776 VENTURA BOULEVARD SUITE D | WOODLAND HILLS | CA | 91364 | 861919161 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| TASTE OF PEARL LLC | |||||||||
| 7097 SE LANGWOOD ST | HILLSBORO | OR | 97123 | 821301140 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| TOKEMOANA'S LLC | |||||||||
| 1124 MANDELA COURT | EAST PALO ALTO | CA | 94303 | 881104218 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| TWISTED FILIPINO LLC | |||||||||
| 2525 SE CLINTON ST | PORTLAND | OR | 97202 | 823173513 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| VIETFIVE LLC | |||||||||
| 1116 W MADISON STREET | CHICAGO | IL | 60607 | 872588239 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| WING FUNG INTERNATIONAL LLC | |||||||||
| 1514 ASH LN | CORINTH | TX | 76210 | 830915573 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| WOK STAR INC | |||||||||
| 15730 HARTSOOK STREET | ENCINO | CA | 91436 | 273067994 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| WOOLY PIG | |||||||||
| 2295 3RD ST | SAN FRANCISCO | CA | 94107 | 824218862 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| ZANGIRI HEADS LLC | |||||||||
| 35 MADISON STREET APT 3A | BROOKLYN | NY | 11238 | 883424315 | $15,000 | $0 | REOPENING OR CAPACITY BUILDING FOR RESTAURANTS | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 74 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | A REPORT IS SENT OUT 6 MONTHS AFTER GRANT FUNDS ARE AWARDED. THE ORGANIZATION ASKS RECIPIENTS TO DESCRIBE HOW THEY USE THE FUNDS AND HOW THE FUNDS HAVE IMPACTED THEIR BUSINESS. RECIPIENTS ARE ALSO REQUIRED TO SUBMIT PHOTOS OF ANY IMPROVEMENTS MADE. THE FOLLOWING IS THE LIST OF QUESTIONS ASKED TO RECIPIENTS: (1)HOW DID YOU USE THE FUNDS? (2)HOW DID THE FUNDS IMPACT YOUR BUSINESS? (3)CAN YOU GIVE ANY SPECIFIC EXAMPLES OF HOW THE FUNDS HELPED YOU ACHIEVE A BUSINESS GOAL OR GROW IN CAPACITY? (4)PLEASE INCLUDE ANY PHOTOS OF IMPROVEMENTS MADE WITH THE FUNDS TO YOUR BUSINESS, OR A PHOTO OF YOU IN FRONT OF YOUR PLACE OF BUSINESS. IF YOU ARE FAMILY-RUN, SHARE A PHOTO OF YOU AND YOUR FAMILY IN THE RESTAURANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE & ENTREPRENEURSHIP (ACE), AN AFFILIATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(6). ACE'S BOARD OF DIRECTORS ESTABLISHES AND APPROVES THE COMPENSATION FOR ITS PRESIDENT & CEO. ACE'S BOARD OF DIRECTORS CREATES A COMPENSATION COMMITTEE TO REVIEW COMPENSATION FINDINGS AND PROVIDE RECOMMENDATIONS AND GUIDANCE ON THE COMPENSATION PACKAGE. AFTER REVIEWING THE REPORT FINDINGS AND CONSIDERING THE DATA REGARDING COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, THE COMPENSATION COMMITTEE TAKES ACTION AND RECOMMENDS THE COMPENSATION PACKAGE FOR THE CEO. THE PROCESS WAS LAST CONDUCTED IN NOVEMBER 2021. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE MANAGEMENT AND ADMINISTRATIVE SERVICES AGREEMENT ("AGREEMENT") IS MADE BY AND BETWEEN THE ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE AND ENTREPRENEURSHIP, A DISTRICT OF COLUMBIA NONPROFIT CORPORATION ("ACE") AND THE ACE FOUNDATION, A DISTRICT OF COLUMBIA NONPROFIT CORPORATION (THE "FOUNDATION"). MANAGEMENT AND ADMINISTRATIVE SERVICES INCLUDES, BUT IS NOT LIMITED TO: (A) SUPERVISION OF ALL PERSONS WHO PERFORM COMPENSATED SERVICES ON BEHALF OF THE FOUNDATION (B) ADMINISTRATION OF ALL FUNDS RECEIVED BY THE FOUNDATION (C) MAINTENANCE OF ACCURATE, COMPLETE, AND SEPARATE FINANCIAL RECORDS (D) ACKNOWLEDGMENT OF CONTRIBUTIONS (E) CONTROL |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE PRESIDENT & CEO AND THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | IN ADHERENCE TO THE CONFLICT OF INTEREST POLICY, BOARD OF DIRECTORS AND STAFF MUST DISCLOSE ANY CONFLICTS OF INTEREST AND ABSTAIN FROM VOTING ON ANY MATTERS FOR WHICH HE OR SHE HAS A CONFLICT. THE MEMBER WITH A CONFLICT RECUSES HIMSELF OR HERSELF FROM THE DISCUSSION, AND THE REMAINING BOARD MEMBERS RESOLVE THE MATTER IN WHAT IS DEEMED THE BEST INTEREST OF THE FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FOUNDATION DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE & ENTREPRENEURSHIP (ACE), AN AFFILIATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(6). ACE'S BOARD OF DIRECTORS ESTABLISHES AND APPROVES THE COMPENSATION FOR ITS PRESIDENT & CEO. ACE'S BOARD OF DIRECTORS CREATES A COMPENSATION COMMITTEE TO REVIEW COMPENSATION FINDINGS AND PROVIDE RECOMMENDATIONS AND GUIDANCE ON THE COMPENSATION PACKAGE. AFTER REVIEWING THE REPORT FINDINGS AND CONSIDERING THE DATA REGARDING COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, THE COMPENSATION COMMITTEE TAKES ACTION AND RECOMMENDS THE COMPENSATION PACKAGE FOR THE CEO. THE PROCESS WAS LAST CONDUCTED IN NOVEMBER 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES AVAILABLE UPON REQUEST THE FOLLOWING: 1. GOVERNING DOCUMENTS 2. CONFLICT OF INTEREST POLICY 3. FINANCIAL STATEMENTS |
| FORM 990, PART XI, LINE 2C: | THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |