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Nonprofiteer
← ASIAN AMERICAN FEDERATION INC

Form 990 for tax year 2023

Filed by ASIAN AMERICAN FEDERATION INC.

Totals

Total revenue
$12,642,656
Total expenses
$12,916,563
Contributions and grants received
$12,562,695
Grants paid
$7,884,240
Program service revenue
$0
Investment income
$15,221
Other revenue
$64,740
Total assets, end of year
$14,649,236
Total liabilities, end of year
$3,611,219
Net assets or fund balances, end of year
$11,038,017
Program services expenses (Part IX)
$11,031,957
Management and general expenses
$1,244,164
Fundraising expenses
$640,442
Program service expenses (Part III)
$11,031,957

Program services were 85.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $351,396

  • 1e · Government grants (contributions)

    $10,641,183

  • 1f · All other contributions, gifts and grants

    $1,570,116

  • 3 · Investment income

    total $16,141 · excluded $16,141

  • 6a · Gross rents

    real property $53,158

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $53,158

  • 6d · Net rental income or loss

    total $53,158 · excluded $53,158

  • 7a · Gross sales of assets other than inventory

    securities $10,000

  • 7b · Less cost or other basis and sales expenses

    securities $10,920

  • 7c · Gain or loss

    securities -$920

  • 7d · Net gain or loss

    total -$920 · excluded -$920

  • 8a · Fundraising events: gross income

    $151,802

  • 8a · Fundraising events: contributions included on line 1c

    $351,396

  • 8b · Fundraising events: direct expenses

    $151,802

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: OTHER INCOME

    total $11,582 · excluded $11,582

  • 11e · Other revenue, total

    $11,582

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,884,240 · program services $7,884,240

  • 5 · Compensation of officers, directors and key employees

    total $274,308 · program services $109,723 · management and general $27,431 · fundraising $137,154

  • 7 · Other salaries and wages

    total $1,912,690 · program services $1,386,372 · management and general $333,432 · fundraising $192,886

  • 8 · Pension plan contributions

    total $26,072 · program services $18,843 · management and general $4,533 · fundraising $2,696

  • 9 · Other employee benefits

    total $418,884 · program services $293,122 · management and general $70,622 · fundraising $55,140

  • 10 · Payroll taxes

    total $182,114 · program services $125,106 · management and general $30,170 · fundraising $26,838

  • 11c · Fees: accounting

    total $264,813 · management and general $264,813

  • 11d · Fees: lobbying

    total $5,684 · management and general $5,684

  • 11e · Fees: professional fundraising services

    total $54,413 · fundraising $54,413

  • 11f · Fees: investment management

    total $2,890 · management and general $2,890

  • 11g · Fees: other

    total $930,654 · program services $561,349 · management and general $361,755 · fundraising $7,550

  • 12 · Advertising and promotion

    total $48,126 · program services $48,126

  • 13 · Office expenses

    total $126,761 · program services $87,080 · management and general $21,000 · fundraising $18,681

  • 16 · Occupancy

    total $442,826 · program services $304,206 · management and general $73,360 · fundraising $65,260

  • 17 · Travel

    total $62,806 · program services $60,924 · management and general $1,882

  • 22 · Depreciation, depletion and amortization

    total $28,410 · program services $19,516 · management and general $4,707 · fundraising $4,187

  • 23 · Insurance

    total $58,463 · program services $40,163 · management and general $9,684 · fundraising $8,616

  • 24a · Other expenses: SPECIAL EVENT EXPENSES

    total $62,200 · fundraising $62,200

  • 24b · Other expenses: SUPPORT FOR SMALL BUSIN

    total $48,735 · program services $48,735

  • 24c · Other expenses: OTHER EXPENSES

    total $32,805 · program services $12,559 · management and general $18,616 · fundraising $1,630

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $21,647 · program services $14,871 · management and general $3,585 · fundraising $3,191

  • 24e · All other expenses

    total $27,022 · program services $17,022 · management and general $10,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,190,000 · end of year $931,821

  • 2 · Savings and temporary cash investments

    beginning of year $6,846,355 · end of year $3,625,670

  • 3 · Pledges and grants receivable

    beginning of year $8,767,693 · end of year $8,992,147

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,183 · end of year $28,000

  • 10a · Land, buildings and equipment: cost or other basis

    $257,607

  • 10b · Land, buildings and equipment: accumulated depreciation

    $183,607

  • 10c · Land, buildings and equipment, net

    beginning of year $77,321 · end of year $74,000

  • 11 · Investments: publicly traded securities

    beginning of year $347,442 · end of year $381,710

  • 15 · Other assets

    beginning of year $922,765 · end of year $615,888

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,869,201 · end of year $2,959,475

  • 19 · Deferred revenue

    beginning of year $49,999 · end of year $10,708

  • 25 · Other liabilities

    beginning of year $968,892 · end of year $641,036

  • 27 · Net assets without donor restrictions

    beginning of year $9,046,935 · end of year $9,111,205

  • 28 · Net assets with donor restrictions

    beginning of year $2,231,732 · end of year $1,926,812

Mission and programs · 2023

Mission

ESTABLISHED IN 1989, THE ASIAN AMERICAN FEDERATION (AAF) IS THE STRONGEST LEADERSHIP ORGANIZATION IN NEW YORK SERVING 1.5 MILLION ASIAN NEW YORKERS. OUR MISSION IS TO RAISE THE INFLUENCE AND WELL-BEING OF THE PAN-ASIAN AMERICAN COMMUNITY THROUGH RESEARCH, POLICY ADVOCACY, PUBLIC AWARENESS, AND NONPROFIT SUPPORT. AAF DOES THIS WORK IN PARTNERSHIP WITH APPROXIMATELY 70 ORGANIZATIONS THAT ARE DEEPLY ROOTED IN OUR COMMUNITIES AND PROVIDE SOCIAL SERVICES TO THOSE IN NEED.

Activities or mission (Part I)

RAISE THE INFLUENCE AND WELL-BEING OF THE PAN-ASIAN AMERICAN COMMUNITY.

  • POLICY & ADVOCACY:1) CO-LED THE EQUITY BUDGET COALITION TO SECURE $30 MILLION FROM NEW YORK STATE TO FUND OVER 136 ORGANIZATIONS ACROSS THE STATE, WITH APPROXIMATELY 40% OF GRANTEES LOCATED IN LONG ISLAND AND UPSTATE NEW YORK.2) PLANNED AND ORGANIZED A LEGISLATIVE WORKSHOP ON ASIAN-LATINO CIVIC SOLIDARITY AT THE SOMOS, INC. CONFERENCE IN PUERTO RICO, THE FIRST-EVER ASIAN WORKSHOP HELD AT SOMOS.3) PROVIDED TESTIMONY AT OVER 17 CITY AND STATE HEARINGS.CIVIC ENGAGEMENT:1) LED THE 10-MEMBER AAPI POWER COALITION, WORKING IN PARTNERSHIP WITH THE COALITION TO MAKE OVER 300,000 CONTACTS WITH ASIAN VOTERS FROM DIVERSE BACKGROUNDS THROUGH TARGETED CAMPAIGNS, WHICH INCLUDED PHONE, TEXT, AND MAIL OUTREACH, AS WELL AS IN-PERSON CANVASSING AND PRINT ADVERTISEMENTS; THROUGH THE NEW YORK CIVIC ENGAGEMENT TABLE'S SPOKE CAMPAIGNS, AAF AND COALITION MEMBERS REACHED OVER 150,000 ASIAN NEW YORKERS VIA TEXT-BANKING ALONE.2) AAF VOTER FESTIVALS ENGAGED 202,205 VOTERS IN PERSON; 110,000 THROUGH DIGITAL TEXT-BANKING; AND 41,309 THROUGH MAILERS.3) CREATED AND DISSEMINATED NOVEMBER GENERAL ELECTION VOTER GUIDES IN ENGLISH AND EIGHT ASIAN LANGUAGES: ARABIC, BENGALI, CHINESE (TRADITIONAL AND SIMPLIFIED), KOREAN, PUNJABI, TAGALOG, AND URDU.HOPE AGAINST HATE CAMPAIGN:1) AAF'S HOPE AGAINST HATE CAMPAIGN HAS TRAINED OVER 4,800 COMMUNITY MEMBERS ACROSS 300+ WORKSHOPS IN SITUATIONAL AWARENESS, CONFLICT DE-ESCALATION, UPSTANDER INTERVENTION, AND SELF-DEFENSE SKILLS, IN CLOSE PARTNERSHIP WITH AAF'S MEMBER AND PARTNER ORGANIZATIONS.2) AAF'S HOPE AGAINST HATE PARTNERS HAVE CONNECTED OVER 1,300 INDIVIDUALS TO VICTIM SUPPORT SERVICES.3) AAF'S SAFETY BOOKLETS, VIDEOS, AND RESOURCES HAVE BEEN DISTRIBUTED TO OVER 9,400 AMERICANS.MENTAL HEALTH:1) WORKED WITH AAF'S ASIAN AMERICAN MENTAL HEALTH ROUNDTABLE PARTNERS TO PROVIDE OVER 13,000 MENTAL HEALTH AND CASE MANAGEMENT SERVICES TO SUPPORT ASIAN NEW YORKERS IN NAVIGATING THEIR MENTAL, EMOTIONAL, AND PHYSICAL HEALTH.2) EXPANDED OUR ASIAN MENTAL HEALTH DIRECTORY TO 432 NEW YORK MENTAL HEALTH PROVIDERS, WHO, COMBINED, SPEAK 19 ASIAN LANGUAGES.3) CREATED A MENTAL HEALTH HUB TO SERVE AS ONE-STOP SHOP FOR NONPROFITS AND COMMUNITY MEMBERS TO ACCESS MENTAL HEALTH INFORMATION AND RESOURCES IN 5 ASIAN LANGUAGES (E.G. ARABIC, BANGLA, CHINESE, HINDI, AND KOREAN). IMMIGRANT INTEGRATION:1) DISSEMINATED RESOURCES TO 47 IMMIGRANTS AND COMMUNITY LEADERS ON THE IMMIGRANT COMMUNITY'S NEEDS.2) HOSTED SIX ROUNDTABLES WITH NONPROFIT LEADERS TO DISCUSS IMMIGRANT NEEDS, PROMOTE COLLABORATION, AND STRENGTHEN RELATIONSHIPS.3) COORDINATED EIGHT TRAINING SESSIONS FOR 81 IMMIGRANTS ON ISSUES MOST SALIENT TO THE IMMIGRANT COMMUNITY, INCLUDING WORKFORCE DEVELOPMENT AND EARLY CHILDHOOD DEVELOPMENT.NONPROFIT SUPPORT:1) THROUGH AAF'S NONPROFIT RESILIENCY SERIES, TRAINED 72 EXECUTIVE DIRECTORS AND OTHER SENIOR LEADERS IN LEADERSHIP AND STRATEGY; FINANCIAL LEADERSHIP AND SUSTAINABILITY; POWER AND INFLUENCE; AND TRUST AND RETENTION.2) THROUGH AAF'S LEADERS IN TRAINING PROGRAM, TRAINED 19 MID- TO SENIOR-LEVEL MANAGERS AND DIRECTORS ON HOW TO EFFECTIVELY BUILD, ENGAGE, AND SUPPORT THEIR TEAMS USING EFFECTIVE LEADERSHIP SKILLS.SMALL BUSINESS/ECONOMIC EMPOWERMENT:1) PROVIDED 100 ASIAN SMALL BUSINESSES WITH DIRECT TECHNICAL ASSISTANCE AND TRAININGS TO SUPPORT THEIR OPERATIONS.2) LAUNCHED TWO NEW NONPROFIT SUPPORT PROGRAMS FOR SMALL BUSINESS OWNERS.SENIORS:1) LED THE 12-MEMBER ASIAN SENIORS WORKING GROUP TO IMPLEMENT POLICY PRIORITIES TO ADDRESS THE MOST URGENT SERVICE NEEDS OF ASIAN SENIORS IN NEW YORK CITY.RESEARCH:1) PRODUCED THREE IN-DEPTH REPORTS ON MENTAL HEALTH AND THE STATE OF KOREAN OLDER ADULTS NATIONWIDE; THREE BRIEFS ON POVERTY AMONG ASIAN NEW YORKERS, AN ANALYSIS OF THE SPECIAL ELECTION IN NEW YORK'S CONGRESSIONAL DISTRICT 3, AND THE IMPACT OF AAF'S HOPE AGAINST HATE CAMPAIGN; AND LAUNCHED A RELATIONSHIP TEXTING FIELD EXPERIMENT STUDY DESIGN.

    Expenses $11,031,957 · Grants $7,884,240

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kim Lee

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    5
  • Marie Silloway

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    5
  • Jean Siao

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Emily Clarice Ho Mathews

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Stella Aquino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chris M Kwok

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Hwang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Priya Pereira-Sawian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Frances Wong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Yue

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jo-Ann Yoo

    EXECUTIVE DIRECTOR

    Total calculated
    $222,123
    From this org
    $200,183
    From related orgs
    $0
    Other
    $21,940
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $200,183
    Bonus
    $0
    Other
    $0
    Deferred
    $3,250
    Nontaxable benefits
    $18,690
    Filer's total
    $222,123
  • Joo Han

    DEPUTY DIRECTOR

    Total calculated
    $143,469
    From this org
    $130,538
    From related orgs
    $0
    Other
    $12,931
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
30 April 2025
IRS schema version
2023v6.0
Source object
202541209349303439

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