2019-11-14T08:40:33-05:00 2018-12-31 208401715 TUNG T TU CPA LLC 7297 LEE HWY STE D2 FALLS CHURCH VA 22042 990 2018-01-01 462071116 ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMME ASIA 1300 PENNSYLVANIA AVE NW STE 700 WASHINGTON DC 20004 CHILING TONG PRESIDENT & CEO 2027150787 2019-11-12 false TUNG TU P00216075 7036365588 2019-11-14 X 108.18.193.131 2019-11-14 08:45:04 5118182019318lbkbac0 2019-11-14 P 655E4D545A43F018C6DCF3E640B8691E784F14D8 655E4D545A43F018C6DCF3E640B8691E784F14D8 2018 2020-03-31 21:24:44Z 407945 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 4 0 0 35000 407945 0 0 0 35000 407945 0 0 301589 0 17723 62608 150878 62608 452467 -27608 -44522 195187 183849 32566 65750 162621 118099 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 144270 ONE OF ACE FOUNDATIONS FLAGSHIP PROGRAMS IS NEXT GENERATION: THE CIRCLE THE CIRCLE IS A LONG-TERM PROGRAM THAT BUILDS COMPETENCIES AND RESOURCES IN A PARADIGM THAT SPEAKS TO THE UNIQUE VIEWS AND EXPRESSION OF AAPI MILLENNIAL ENTREPRENEURS WHO CHALLENGE THE TRADITIONAL METHODS WHICH ARE PERCEIVED TO BE OUTDATED WITH THE FAST-PACED TECHNOLOGICAL, DIGITAL, AND SOCIAL JUSTICE ARENAS FROM WHICH THEY ARE PRIMED. 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. 114897 THE ACE FOUNDATION WORKS TO EDUCATE ASIAN AMERICAN AND PACIFIC ISLANDER BUSINESS COMMUNITIES ON ISSUES THAT WILL DIRECTLY IMPROVE THEIR ECONOMIC, POLITICAL, AND SOCIAL WELL-BEING. WE HOST SEVERAL EVENTS THROUGHOUT EACH CALENDAR YEAR THAT HELP IN EDUCATING THE MINORITY BUSINESS COMMUNITY, INCLUDING EMPLOYEE/BUSINESS RESOURCE GROUP ROUND-TABLES, SYMPOSIUMS IN COORDINATION WITH FEDERAL GOVERNMENT AGENCIES, AND WEBINARS AND WORKSHOPS CENTERED AROUND ACCESS TO CAPITAL, ACCESS TO CONTRACTING OPPORTUNITIES, GRANT WRITING, RETIREMENT SECURITY, FINANCIAL CAPACITY, AND CHALLENGES FACING MILLENNIAL BUSINESS OWNERS. 101073 THE ACE FOUNDATION 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. 360240 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 3 0 true 4 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 DENNIS HUANG 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 15000 150000 0 15000 1 false true false 237583 170362 407945 407945 0 0 0 150000 120000 22500 7500 104340 83473 15651 5216 15860 12688 2379 793 12033 9626 1805 602 19356 15485 2903 968 10375 10375 10959 10959 6759 5408 1014 337 10795 8637 1618 540 17988 14388 2701 899 26932 26932 1330 1065 198 67 PROGRAM SERVICES 65265 62157 2331 777 LICENSE & PERMITS 475 381 70 24 452467 360240 74504 17723 195187 183692 157 195187 183849 32566 58351 7399 32566 65750 X 162621 118099 162621 118099 195187 183849 -44522 0 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED CREDIT CARD 1694 PAYROLL TAXES 5705 7399 407945 407945 407945 452467 452467 452467 false false false CHILING TONG PRESIDENT & CEO 150000 15000 165000 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