EIN 46-2071116

National Ace

IRS 501(c) type
501(c)(6)
Num. employees
9
Year formed
2013
Most recent tax filings
2023-12-01
NTEE code, primary
Description
ACE provides business education, training, and community development to improve the quality of life for AAPI communities.
Also known as...
Asian and Pacific Islander American Chamber of Commerce and Entrepreneurship; National Asian and Pacific Islander American Chamber of Commerce and Entrepr
Total revenues
$2,061,081
2023
Total expenses
$2,188,892
2023
Total assets
$1,725,009
2023
Num. employees
9
2023

Program areas at National Ace

Aapistrong - the National Ace works with Asian American and Pacific Islander business communities through our virtual technical assistance program to provide small businesses and entrepreneurs the resources and education they need to be successful. Ace's goal is to help organizations develop effective communications, marketing, and social media by teaching and one-on-one consulting to chambers, non-profit groups, and small businesses who want to transition to digital platforms. Ace also supports minority business enterprises and aapi chambers of Commerce by investing in local communities while working to improve the well-being, economic resilience, and mobility of the minority business community.
Special projects - the National Ace engages in special projects to support aanhpi small business owners across industries by providing cash grants. We provide funding to eligible small business owners to provide working capital for their companies to grow and economically thrive.
Conferences and summits - the National Ace aapistrong annual conference brought together Asian American and Pacific Islander (aapi) entrepreneurs, small business owners, local aapi chambers of Commerce from around the country, corporate partners, and community leaders to engage in leadership programming and network building. Participants will discover innovative opportunities for capital building, receive legislative updates, and hear inspiring stories from entrepreneurs in the community. National Ace also hosts other events and summits for small business owners for access to capital, investing in aanhpi businesses, and staying competitive in a digital world.

Grants made by National Ace

GranteeGrant descriptionAmount
Committee of 100Sponsorship$25,000
Pacific Island Knowledge 2 Action ResourcesSponsorship$18,000
Asian Pacific American Chamber of CommerceSponsorship$18,000
...and 23 more grants made totalling $334,050

Who funds National Ace

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
GofundmeorgSupport Aapi Community$25,000
National Ace FoundationGeneral Support$23,438
AarpSponsorship of the 2022 Virtual Summit$10,000

Personnel at National Ace

NameTitleCompensation
Chiling TongPresident and Chief Executive Officer$253,809
Emily FuderVice President of Programs and Marketing$111,221
Michelle ImFinances and Operations Manager
Garrett GinChair$0
Angela ChangSecretary$0
...and 2 more key personnel

Financials for National Ace

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,253,590
Program services$789,000
Investment income and dividends$17,491
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,000
Total revenues$2,061,081

Form 990s for National Ace

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-03990View PDF
2022-122023-11-08990View PDF
2021-122022-11-07990View PDF
2020-122021-11-09990View PDF
2019-122021-06-08990View PDF
...and 1 more Form 990

Organizations like National Ace

OrganizationLocationRevenue
Centerville Chamber of CommerceCenterville, IA$588,306
United States Hispanic Chamber of Commerce (USHCC)Washington, DC$8,403,407
Abilene Chamber of CommerceAbilene, TX$6,161,492
Greater Winston-SalemWinston Salem, NC$2,593,189
Gilmer County Chamber of CommerceEllijay, GA$2,427,852
Prineville-Crook Co Chamber of CommercePrineville, OR$646,908
Chicagoland Chamber of CommerceChicago, IL$5,346,833
OneRedmondRedmond, WA$987,681
Salem Area Chamber of CommerceSalem, OR$1,866,376
Alaska State Chamber of CommerceAnchorage, AK$745,152
Data update history
August 30, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 29, 2024
Updated personnel
Identified 2 new personnel
August 25, 2024
Used new vendors
Identified 2 new vendors, including , and
August 25, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Gofundmeorg
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsTrade associationsChambers of commerceBusiness and community development organizations
Issues
Community improvementBusiness and industry
Characteristics
Receives government funding
General information
Address
1300 Pennsylvania Ave NW 700
Washington, DC 20004
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
nationalace.org/ 
Phone
(202) 204-2579
IRS details
EIN
46-2071116
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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