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 2023 annual report at https://asiancdc.org/our-work. The building blocks program provides financial empowerment through home buying workshops, financial literacy 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 | 2024-09-25 |
| Christine Nguyen | Director of Development and Communications | | 2024-09-25 |
| Jeena Chang | Director of Community Programs and Design | | 2023-04-17 |
| Kyle Sullivan | Director of Real Estate | $113,098 | 2023-04-17 |
| Cindy Lai | Office Manager | | 2024-09-25 |
| ...and 12 more key personnel |
Financials for Asian Community Development Corporation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $2,286,753 | $1,665,230 | 37.3% |
| Program services | $2,446,222 | $1,845,029 | 32.6% |
| Investment income and dividends | $163,015 | $54,397 | 199.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $114,078 | $-10,425 | 1194.3% |
| Net gain from sale of non-inventory assets | $26,375 | $-29,368 | 189.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $32,062 | $11,502 | 178.8% |
| Total revenues | $5,068,505 | $3,536,365 | 43.3% |
Organizations like Asian Community Development Corporation
| Organization | Type | Location | Revenue |
|---|
| Urban Neighborhood Initiative | 501(c)(3) | Kansas City, MO | $1,488,749 |
| Moorestown Ecumenical Neighborhood Development (MEND) | 501(c)(3) | Moorestown, NJ | $2,875,789 |
| Builders of Hope CDC | 501(c)(3) | Dallas, TX | $2,156,362 |
| The Renaissance Collaborative | 501(c)(3) | Chicago, IL | $1,532,055 |
| Habitat for Humanity - Montgomery County Habitat for Humanity | 501(c)(3) | Conroe, TX | $6,936,109 |
| Habitat for Humanity - Huntington WV Area Habitat for Humanity | 501(c)(3) | Huntington, WV | $3,182,992 |
| Habitat for Humanity - Macomb County HFH | 501(c)(3) | Mount Clemens, MI | $2,521,632 |
| Coastal Empire Habitat for Humanity | 501(c)(3) | Savannah, GA | $2,424,517 |
| Passaic County Habitat for Humanity | 501(c)(3) | Paterson, NJ | $5,555,484 |
| Habitat for Humanity - Greater Plainfield & Middlesex Coun | 501(c)(3) | Randolph, NJ | $10,311,279 |
Data update history
September 25, 2024
Updated personnel
Identified 4 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
State / local levelReceives government fundingGala fundraisersTax deductible donationsAccepts online 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/
- 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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