Public Charity

ASIAN COMMUNITY DEVELOPMENT CORPORATION

ASIAN COMMUNITY DEVELOPMENT CORPORATION, of BOSTON, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.8M in revenue, $3.7M in expenses, $43.6M in total assets. 84 publicly reported grants to this organization, totaling roughly $4.6M, appear in IRS filings.

EIN: 042988263 BOSTON, MA Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$4.8M
Total Expenses$3.7M
Total Assets$43.6M
Grant Records84
Funding Total$4.6M
Filing Years2019–2024

Mission

THE ASIAN COMMUNITY DEVELOPMENT CORPORATION (ACDC) WORKS IN UNDERSERVED AND IMMIGRANT ASIAN AMERICAN COMMUNITIES IN THE GREATER BOSTON REGION TO CREATE AND PRESERVE AFFORDABLE, SUSTAINABLE, AND HEALTHY NEIGHBORHOODS. WE ACHIEVE THIS BY BUILDING AFFORDABLE HOMES AND VIBRANT SPACES, EMPOWERING FAMILIES WITH ASSET-BUILDING TOOLS, AND STRENGTHENING COMMUNITIES THROUGH RESIDENT AND YOUTH LEADERSHIP.

Where $100 goes at Asian Community Development Corporation

How Asian Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$13 Management running the organization
$6 Fundraising raising the next dollar

Inside the $81 for programs

$39
The Asian Community Development Corporation (acdc) works in underserved and immigrant asian american communities in the greater Boston region to create and preserve affordable, sustainable, and healthy neighborhoods
48% of program spending
$22
Youth programs include a high school leadership program, asian voices of organized youth for community empowerment (a-voyce), training youth in community leadership and organizing in chinatown and the…
27% of program spending
$20
The housing development program works to create and preserve high quality affordable housing to meet the needs of communities of low-income asian american populations
25% of program spending
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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.

Officers & Directors

EXECUTIVE DIRECTOR Angie Liou
DIRECTOR Danielle Kim
DIRECTOR Daniel Park
VICE CHAIR Emily Yu
TREASURER Eugene Ho
CHAIR Geoffrey Why

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,154,909 50 grants
Mental Health & Substance Abuse
$353,341 6 grants
Health & Medicine
$351,667 5 grants
Economic Development
$194,500 5 grants
Housing & Homelessness
$167,823 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.8M $3.7M $43.6M
2023 $5.1M $4.0M $37.7M
2022 $3.5M $3.1M $35.5M
2020 $3.2M $2.3M $24.7M
2019 $2.5M $1.9M $23.3M

Between 2019 and 2024, reported annual revenue grew from $2.5M to $4.8M (+90%), with total assets most recently reported at $43.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ASIAN COMMUNITY DEVELOPMENT CORPORATION

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