2020-11-05T15:29:29-05:00 2019-12-31 208401715 TUNG T TU CPA LLC PO BOX 37 VIENNA VA 22183 990 2019-01-01 462071116 ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMME ASIA 1300 PENNSYLVANIA AVE NW STE 700 WASHINGTON DC 20004 CHILING TONG PRESIDENT & CEO 2027150787 2020-11-05 false TUNG TU P00216075 7036365588 2020-11-05 X 98.169.123.38 2020-11-06 16:48:50 51181820203115ydc3jn 2020-11-06 P 3CA2FBC4B8AB4DF5B888458A6F3E82A0049B2843 3CA2FBC4B8AB4DF5B888458A6F3E82A0049B2843 2019 2021-04-22 16:20:28Z 515500 false X WWW.NATIONALACE.ORG X 2013 DC TO IMPROVE THE QUALITY OF LIFE FOR ASIAN AND PACIFIC ISLANDER AMERICANS BY ASSISTING THE ASIAN AMERICAN AND PACIFIC ISLANDER COMMUNITY THROUGH BUSINESS EDUCATION AND TRAINING, RESEARCH, AND COMMUNITY DEVELOPMENT. 21 21 3 0 0 407945 515500 0 0 0 407945 515500 0 0 301589 318236 0 22122 150878 224793 452467 543029 -44522 -27529 183849 126261 65750 35691 118099 90570 TO IMPROVE THE QUALITY OF LIFE FOR ASIAN AND PACIFIC ISLANDER AMERICANS BY ASSISTING THE ASIAN AMERICAN AND PACIFIC ISLANDER COMMUNITY THROUGH BUSINESS EDUCATION AND TRAINING, RESEARCH, AND COMMUNITY DEVELOPMENT. false false 133488 ONE OF ACES FLAGSHIP PROGRAMS IS NEXTGEN: INNER CIRCLES. NEXTGEN SIGNIFIES OUR NEXT GENERATION OF LEADERS AND ENTREPRENEURS IN THE AAPI COMMUNITY. INNER CIRCLES IS A NATIONAL PROGRAM WHERE YOUNG ENTREPRENEURS CAN DISCUSS AND PROBLEM-SOLVE THE TOUGHEST CHALLENGES THEY FACE. PEERS SHARE PROFESSIONAL AND PERSONAL EXPERIENCES THAT CAN HELP OTHERS LEARN, GROW, OR RECEIVE SUPPORT. THIS INVOLVES CREATING A SAFE AND SUPPORTIVE ENVIRONMENT TO DIVE INTO RISKS, FEARS, AND VULNERABILITIES. THE PROGRAM MAINTAINS A SUPPORT NETWORK OF ENTREPRENEURS AND BUSINESS OWNERS OF AAPI HERITAGE TO ENSURE THAT MORE SMALL-BUSINESS ENTERPRISES SUCCEED IN BUILDING THEIR BUSINESSES, FIND WAYS TO CAPITALIZE THEIR BUSINESSES AND CREATE NEW, SUSTAINABLE JOBS. 111205 ACE WORKS TO EDUCATE ASIAN AMERICAN AND PACIFIC ISLANDER BUSINESS COMMUNITIES ON ISSUES THAT WILL DIRECTLY IMPROVE THEIR ECONOMIC, POLITICAL, AND SOCIAL WELL-BEING. NATIONAL ACE HOSTS EVENTS AIMED TO HELP EDUCATE THE MINORITY BUSINESS COMMUNITY. THESE EVENTS INCLUDE ROUNDTABLES AND SYMPOSIUMS COORDINATED WITH FEDERAL GOVERNMENT AGENCIES. MANY OF THESE EVENTS ARE VIRTUAL WEBINARS WHICH COVER TOPICS AROUND ACCESS TO CAPITAL, CONTRACTING OPPORTUNITIES, GRANT WRITING, RETIREMENT SECURITY, FINANCIAL CAPACITY, AND CHALLENGES FACING MINORITY BUSINESS OWNERS. 94151 ACE PROVIDES A UNIFIED NATIONAL VOICE FOR INDIVIDUAL AAPI CHAMBERS OF COMMERCE THROUGHOUT THE COUNTRY. WE PARTNER, THROUGH MEMORANDUMS OF UNDERSTANDING, WITH 25 LOCAL AND REGIONAL CHAMBERS TO PROMOTE AAPI BUSINESS INTERESTS, GROW A LARGE NUMBER OF AAPI ENTREPRENEURS NATIONWIDE, AND EMPOWER AAPI LEADERS TO ADVANCE IN CORPORATE AMERICA. 88488 ACE CONNECTS LOCAL AND REGIONAL AAPI CHAMBERS OF COMMERCE, MOU PARTNERS, AND OTHER STAKEHOLDERS ACROSS THE COUNTRY TO PROVIDE INNOVATIVE BUSINESS SOLUTIONS THROUGH QUALITY PROGRAMS AND SERVICES. ACE ALSO CONTRIBUTES TO OUR NATIONS ECONOMIC GROWTH, BUSINESS DEVELOPMENT, AND GOVERNMENT EFFICIENCY BY SUPPORTING PROGRAMS AND POLICIES THAT CREATE MORE AAPI BUSINESS OWNERS, ENTREPRENEURS, AND CORPORATE LEADERS. 88488 427332 false true false false false false false false false false false false false true false true true false false false false false false false false false false false true false false false false false false false false false false false true false false true 6 0 true 3 true false false false false false false false false false false false false X 21 21 false false false false false false false true true false false true true true true false false true false false DC X CHILING TONG 2027150787 1300 PENNSYLVANIA AVE NW STE 700 WASHINGTON DC 20004 X AMAR SHOKEEN CHAIRMAN 2.00 0.00 X X 0 0 0 TRACEY DOI TREASURER 2.00 0.00 X X 0 0 0 KAREN ENG SECRETARY 2.00 0.00 X X 0 0 0 THEAR SUZUKI DIRECTOR 1.00 0.00 X 0 0 0 ANDREW CHAU DIRECTOR 1.00 0.00 X 0 0 0 BILL IMADA DIRECTOR 1.00 0.00 X 0 0 0 ED CHAN DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER LAW DIRECTOR 1.00 0.00 X 0 0 0 HELENE YAN DIRECTOR 1.00 0.00 X 0 0 0 SUSAN JIN DAVIS DIRECTOR 1.00 0.00 X 0 0 0 MARIKO CARPENTER DIRECTOR 1.00 0.00 X 0 0 0 WALLACE TSUHA DIRECTOR 1.00 0.00 X 0 0 0 JAMIE CHUNG DIRECTOR 1.00 0.00 X 0 0 0 SHAU-WAI LAM DIRECTOR 1.00 0.00 X 0 0 0 MARTY LORENZO DIRECTOR 1.00 0.00 X 0 0 0 PAT FONG KUSHIDA DIRECTOR 1.00 0.00 X 0 0 0 TERREZ THOMPSON DIRECTOR 1.00 0.00 X 0 0 0 JIMMY FERGUSON DIRECTOR 1.00 0.00 X 0 0 0 GARRETT GIN DIRECTOR 1.00 0.00 X 0 0 0 CY CHEN DIRECTOR 1.00 0.00 X 0 0 0 CHILING TONG PRESIDENT & CEO 40.00 0.00 X 150000 0 10500 150000 0 10500 1 false true false 320000 195500 515500 515500 0 0 0 150000 120000 22500 7500 120000 96000 18000 6000 13885 11108 2083 694 13114 10491 1967 656 21237 16989 3186 1062 4813 3850 722 241 31478 25182 4722 1574 49602 17912 30571 1119 15196 12161 2275 760 17446 13957 2617 872 29678 23742 4452 1484 16630 16630 3200 2560 480 160 PROGRAM SERVICES 45000 45000 SPONSORSHIPS 11750 11750 543029 427332 93575 22122 183692 126261 157 183849 126261 58351 25006 7399 10685 65750 35691 X 118099 90570 118099 90570 183849 126261 -27529 0 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED CREDIT CARD 4468 PAYROLL TAXES 6217 10685 515500 515500 515500 543029 543029 543029 CHILING TONG PRESIDENT & CEO 150000 10500 160500 Form 990 governing body review Part VI line 11 FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVEIWED BY THE PRESIDENT & CEO AND BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. Conflict of interest policy compliance Part VI line 12c OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE ANY INTERESTS THAT MAY GIVE RISE TO CONFLICTS. IF A CONFLICT ARISES, THE INTERESTED PERSON RECUSES THEMSELVES FROM DISCUSSION ON THE MATTER. CEO executive director top management comp Part VI line 15a COMPARABILITY DATA WAS USED WHEN DETERMINING THE COMPENSATION OF THE PRESIDENT & CEO. THE DECISION WAS DOCUMENTED IN THE MEETING MINUTES AFTER APPROVAL BY THE EXECUTIVE COMMITTEE. Governing documents etc available to public Part VI line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. ACE FOUNDATION 1300 PENNSYLVANIA AVE STE 700 WASHINGTON DC 20004 463200311 ADVOCATE OF AAPI BUSINESS INTERESTS DC 501C3 10 N/A false