EIN 33-1095784

National Asian American Coalition (NAAC)

IRS 501(c) type
501(c)(3)
Num. employees
11
Year formed
2004
Most recent tax filings
2023-12-01
Description
The National Asian American Coalition is a HUD-approved housing counseling 501(c)(3) nonprofit organization focusing on housing, small business, diversity and consumer protection issues, and advocates on behalf of underserved minority communities.
Also known as...
Mabuhay Alliance; Mabuhay Alliance No A
Total revenues
$1,559,027
2023
Total expenses
$3,315,633
2023
Total assets
$15,602,056
2023
Num. employees
11
2023

Program areas at NAAC

Housing counseling and home buying education and community involvement, naac 501(c)(3) currently provides financial education and homebuyer education counselling to first time homebuyers under the wish and other down payment assistance programs sponsored by various banks and the city of san diego. Naac small business center is a us department of treasury-certified community development financial institution (cdfi) mission-driven to provide access to basic financial services, affordable credit, and investment capital to low-income borrowers who have historically been left out of traditional banking services. We provide guidance online to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan program that is suited for their business. Conduct critical workshops to business owners in a way that is scalable and effective to business owners when ideal. The topics will be led by subject matter experts in the areas of business planning, sources of credit, financial presentation, and business model changes. Lead borrowers to resources that are provided to reputable agencies such as the sba, women business centers, small business development companies, and veteran centers. Pursuit of strategic opportunities for a particular business or group that create mutual and effective and profitable relations.

Grants made by NAAC

GranteeGrant descriptionAmount
Community VenturesSupport Youth Leaders Program$162,649
Community VenturesSupport Youth Leaders Program$162,649

Who funds National Asian American Coalition (NAAC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Homefree USAProperty Purchased for Renovation and Sale To Low and Moderate Income Potential Homeowners.$7,077,082
Banc of California Charitable FoundationThe Purpose of This Grant Is To Support Community Development Programs$50,000

Personnel at NAAC

NameTitleCompensation
Faith BautistaPresident and Chief Executive Officer$698,250
Filiberto GonzalezChief Executive Officer
Mel DimacaliChief Financial Officer Interim
Ariel McCartyChief of Staff
Dennis HeruelaMarketing and Programs Director
...and 15 more key personnel

Financials for NAAC

RevenuesFYE 12/2023
Total grants, contributions, etc.$675,013
Program services$240,019
Investment income and dividends$422,437
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$713
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$220,845
Total revenues$1,559,027

Form 990s for NAAC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-23990View PDF
2022-122024-07-23990View PDF
2022-122023-11-15990View PDF
2021-122024-07-23990View PDF
2021-122023-11-07990View PDF
...and 12 more Form 990s
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2021
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Updated personnel
Identified 4 new personnel
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Banc of California Charitable Foundation
December 24, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
Social advocacy organizationsHuman rights organizationsCivil rights and social justice organizationsCharities
Issues
Human servicesHuman rights
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
318 Westlake Ctr 270
Daly City, CA 94015
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Mateo County, CA
Website URL
naac.org/ 
Phone
(650) 952-0522
Facebook page
nationalasianamericancoalition 
Twitter profile
@officialnaac 
IRS details
EIN
33-1095784
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
R20: Civil Rights, Advocacy for Specific Groups
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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