Mission
TO INCREASE ECONOMIC OPPORTUNITIES FOR ASIAN AMERICANS.
Public Charity
ASIAN ECONOMIC DEVELOPMENT ASSOCIATION
ASIAN ECONOMIC DEVELOPMENT ASSOCIATION is a Public Charity headquartered in SAINT PAUL, MN. Financial data from the 2024 filing: $1.1M revenue, $1.2M expenses, $2.3M total assets. 34 publicly reported grants to this organization, totaling roughly $2.6M, appear in IRS filings.
EIN: 411911474
SAINT PAUL, MN
Job Training
NTEE: J22
Latest filing: 2024
Total Revenue$1.1M
Total Expenses$1.2M
Total Assets$2.3M
Grant Records34
Funding Total$2.6M
Filing Years2019–2024
Where $100 goes at Asian Economic Development Association
How Asian Economic Development Association divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$83
Programs
the work itself
$13
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $83 for programs
$83
In 2024, aeda achieved several major milestones, significantly boosting its program services and community engagement
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PROGRAM COSTS
$50,750
SEE PART IV
$220,500
PROGRAM COSTS
$95,750
Neighborhood Strategies
$30,000
Legacy Grant to Celebrate Southeast Asian American Diaspora and Experiences
$18,425
Showing up to 5 of 34 total records — full history available with membership.
Officers & Directors
MEMBER
Christopher Ratsamy
MEMBER
Ericka Trinh
MEMBER
Luke Wang
CHAIR
May Lee-Yang
EXECUTIVE DIRECTOR
Va-Megn Thoj
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.1M | $1.2M | $2.3M |
| 2023 | $1.7M | $881K | $2.5M |
| 2022 | $809K | $1.1M | $1.5M |
| 2020 | $1.8M | $1.1M | $1.4M |
| 2019 | $1.0M | $945K | $677K |
Between 2019 and 2024, reported annual revenue grew from $1.0M to $1.1M (+7%), with total assets most recently reported at $2.3M.
Interactive year-over-year charts and full filing details available with membership.