Program areas at Asian Community Development Corporation
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. Asian cdc's website provides a wealth of information and videos about its programs see the 2022 annual report at https://asiancdc.org/2022impacts. The building blocks program provides financial empowerment through home buying workshops, financial litereacy training, matched savings program, and 1 on 1 housing counseling. Its monthly workshops program for first-time homebuyers is the only hud-approved workshop in new england that provides chinese language service on a regular basis.
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 greater boston area. Youth also have opportunities to learn about cultural identity, Community Development, and undertake placekeeping activities, which include resident-led public art projects and cultural events addressing Community power and impacts of gentrification. Asian-american identifying high school youth learn entrepreneurship skills and apply these skills through running their own youth-led business providing walking tours of chinatown and other projects.
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. Acdc now has 7 properties in its portfolio that includes 344 affordable rentals.
Who funds Asian Community Development Corporation
Grants from foundations and other nonprofits
Personnel at Asian Community Development Corporation
Name | Title | Compensation | Date of data |
---|
Angie Liou | Executive Director | $103,033 | 2023-11-13 |
Christine Nguyen | Director of Development and Communications | | 2023-04-17 |
Jeena Chang | Director of Community Programs and Design | | 2023-04-17 |
Kyle Sullivan | Director of Real Estate | $113,098 | 2023-04-17 |
Michelle Zhang | | Operations and Human Resources Manager | | 2023-04-17 |
...and 11 more key personnel |
Financials for Asian Community Development Corporation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $1,665,230 | $2,137,829 | -22.1% |
Program services | $1,845,029 | $1,576,105 | 17.1% |
Investment income and dividends | $54,397 | $31,650 | 71.9% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $-10,425 | $-17,329 | 39.8% |
Net gain from sale of non-inventory assets | $-29,368 | $7,289 | -502.9% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $11,502 | $170,970 | -93.3% |
Total revenues | $3,536,365 | $3,906,514 | -9.5% |
Organizations like Asian Community Development Corporation
Organization | Type | Location | Revenue |
---|
The Renaissance Collaborative | 501(c)(3) | Chicago, IL | $1,532,055 |
Builders of Hope CDC | 501(c)(3) | Dallas, TX | $2,156,362 |
Moorestown Ecumenical Neighborhood Development (MEND) | 501(c)(3) | Moorestown, NJ | $2,770,530 |
Front Steps Housing and Services | 501(c)(3) | Cleveland, OH | $1,368,687 |
Housing Plus Solutions | 501(c)(3) | Brooklyn, NY | $8,640,993 |
Waco Habitat for Humanity | 501(c)(3) | Waco, TX | $1,688,581 |
Habitat for Humanity South Sarasota County | 501(c)(3) | Venice, FL | $4,204,303 |
Habitat for Humanity Winona-Fillmore Counties | 501(c)(3) | Winona, MN | $1,393,958 |
Habitat for Humanity of Michigan | 501(c)(3) | Lansing, MI | $3,183,302 |
Central Delaware Habitat for Humanityinc | 501(c)(3) | Dover, DE | $2,244,682 |
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Used new vendors
Identified 1 new vendor, including
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 8, 2023
Received grants
Identified 2 new grant, including a grant for $86,736 from National CAPACD Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
State / local levelReceives government fundingGala fundraisersTax deductible donations
General information
- Address
- 38 Oak St
- Boston, MA 02111
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
- Website URL
- asiancdc.org/Â
- Phone
- (617) 482-2380
IRS details
- EIN
- 04-2988263
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1987
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L20: Housing Development, Construction, Management
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Independent
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