2026-07-30T10:06:03-05:00 2025-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2025-01-01 462071116 ASIAN & PACIFIC ISLANDER AMERICAN CHAMBER OF COMMERCE & ENTREPRENEURSHIP ASIA 2026276889 1455 PENNSYLVANIA AVENUE NW 400 WASHINGTON DC 20004 CHILING TONG PRESIDENT AND CEO 2026276889 2026-07-29 1 JENNIFER S HAN P00633304 2022937000 2026-07-29 2025 2025-03-06 01:10:19Z X NATIONAL ACE CHILING TONG 1455 PENNSYLVANIA AVENUE NW 400 WASHINGTON DC 20004 2467266 0 X WWW.NATIONALACE.ORG X 2013 DC ADVANCE THE SMALL BUSINESS COMMUNITY BY FOSTERING ECONOMIC GROWTH. 16 15 12 30 0 0 2155161 1937642 469500 492500 26221 19255 5097 17869 2655979 2467266 15000 0 0 0 1105498 1117007 0 0 0 1528109 1332754 2648607 2449761 7372 17505 1703213 1710509 93243 72635 1609970 1637874 X TO EMPOWER ASIAN AMERICAN AND PACIFIC ISLANDER (AAPI) AND ALL SMALL BUSINESS OWNERS AND ENTREPRENEURS BY PROVIDING ACCESS TO VALUABLE RESOURCES, SUPPORT NETWORKS, AND FUNDING OPPORTUNITIES. OUR MISSION IS TO CONNECT THESE BUSINESS OWNERS WITH THE CAPITAL AND TOOLS NEEDED TO OVERCOME GROWTH CHALLENGES AND ACHIEVE SUCCESS, FOSTERING A THRIVING COMMUNITY OF INNOVATIVE AND RESILIENT ENTERPRISES. 0 0 SMALL BUSINESS PRIORITY - NATIONAL ACE WORKS WITH ALL SMALL BUSINESS COMMUNITIES THROUGH OUR TECHNICAL ASSISTANCE PROGRAM TO PROVIDE SMALL BUSINESSES AND ENTREPRENEURS THE RESOURCES AND EDUCATION THEY NEED TO BE SUCCESSFUL. ACE'S GOAL IS TO HELP ORGANIZATIONS DEVELOP EFFECTIVE COMMUNICATIONS, MARKETING, AND SOCIAL MEDIA BY TEACHING AND ONE-ON-ONE CONSULTING TO CHAMBERS, NON-PROFIT GROUPS, AND SMALL BUSINESSES WHO WANT TO TRANSITION TO DIGITAL PLATFORMS. ACE ALSO SUPPORTS BUSINESS ENTERPRISES AND CHAMBERS OF COMMERCE BY INVESTING IN LOCAL COMMUNITIES WHILE WORKING TO IMPROVE THE WELL-BEING, ECONOMIC RESILIENCE, AND MOBILITY OF THE SMALL BUSINESS COMMUNITY. CONFERENCES AND SUMMITS - THE NATIONAL ACE ANNUAL CONFERENCE BROUGHT TOGETHER ENTREPRENEURS, SMALL BUSINESS OWNERS, LOCAL CHAMBERS OF COMMERCE FROM AROUND THE COUNTRY, CORPORATE PARTNERS, AND COMMUNITY LEADERS TO ENGAGE IN LEADERSHIP PROGRAMMING AND NETWORK BUILDING. PARTICIPANTS WILL DISCOVER INNOVATIVE OPPORTUNITIES FOR CAPITAL BUILDING, RECEIVE LEGISLATIVE UPDATES, AND HEAR INSPIRING STORIES FROM ENTREPRENEURS IN THE COMMUNITY. NATIONAL ACE ALSO HOSTS OTHER EVENTS AND SUMMITS FOR SMALL BUSINESS OWNERS FOR ACCESS TO CAPITAL, INVESTING IN SMALL BUSINESSES, AND STAYING COMPETITIVE IN A DIGITAL WORLD. POLICY - NATIONAL ACE WORKS TO EMPOWER THE SMALL BUSINESS COMMUNITY BY ADVOCATING FOR POLICIES THAT HELP ENTREPRENEURS THRIVE. THE ORGANIZATION BRIDGES THE GAP BETWEEN SMALL BUSINESS OWNERS AND POLICYMAKERS THROUGH INITIATIVES LIKE CAPITOL HILL DAY, WHERE ENTREPRENEURS AND CHAMBER PARTNERS MEET DIRECTLY WITH MEMBERS OF CONGRESS AND ADMINISTRATION OFFICIALS TO ENSURE THEIR VOICES HELP SHAPE FEDERAL POLICY DECISIONS. THIS YEAR, 62 BUSINESS LEADERS FROM NATIONAL ACE AND ITS PARTNER ORGANIZATIONS MET WITH 40 CONGRESSIONAL OFFICES. ADDITIONALLY, NATIONAL ACE CONDUCTS POLICY RESEARCH TO ADDRESS CRITICAL DATA GAPS ON ISSUES INCLUDING SMALL BUSINESS CAPITAL SOURCES AND THE OPERATIONAL REALITIES OF MICRO-BUSINESSES. OUR RESEARCH AND ADVOCACY ARE ALSO INFORMED BY SMALL BUSINESS ROUNDTABLES HOSTED ACROSS THE COUNTRY. THESE DISCUSSIONS BRING TOGETHER ENTREPRENEURS, CORPORATE PARTNERS, AND GOVERNMENT LEADERS TO ENGAGE IN CONVERSATIONS ABOUT ISSUES IMPACTING SMALL BUSINESSES. THESE SESSIONS FOCUS ON TOPICS RANGING FROM WORKFORCE DEVELOPMENT AND ACCESS TO FUNDING TO THE ADOPTION OF EMERGING TECHNOLOGIES LIKE AI AND MENTAL HEALTH. NATIONAL ACE ACTIVELY PARTICIPATES IN BROADER COALITION INITIATIVES, ISSUES STRATEGIC POLICY UPDATES TO CORPORATE SPONSORS, AND SUBMITS FORMAL LETTERS OF SUPPORT TO CHAMPION BUSINESS-FRIENDLY LEGISLATION. IN 2025, NATIONAL ACE HOSTED SEVEN IN-PERSON SMALL BUSINESS ROUNDTABLES NATIONWIDE. MBDA SPECIAL PROJECTS ACE NEXTGEN 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 12 1 0 0 0 0 1 1 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X MICHELLE IM 2026276889 1455 PENNSYLVANIA AVENUE NW 400 WASHINGTON DC 20004 GARRETT GIN CHAIR 2.00 X X 0 0 0 GRACE LEE TREASURER 2.00 X X 0 0 0 VIVIAN YOUNG SECRETARY 2.00 X X 0 0 0 ADEEL AFSHAR DIRECTOR (THRU SEPTEMBER) 1.00 X 0 0 0 JASON CHAN DIRECTOR 1.00 X 0 0 0 MELODY CHEN DIRECTOR 1.00 X 0 0 0 SUSAN JIN DAVIS DIRECTOR 1.00 X 0 0 0 JIMMY FERGUSON DIRECTOR 1.00 X 0 0 0 KAREN IDENO DIRECTOR (THRU MAY) 1.00 X 0 0 0 BILL IMADA DIRECTOR 1.00 X 0 0 0 JOON KIM DIRECTOR 1.00 X 0 0 0 PAT FONG KUSHIDA DIRECTOR/CONSULTANT 4.00 X 0 0 0 CHRIS LAW DIRECTOR 1.00 X 0 0 0 ROBERTO LLAMES DIRECTOR 1.00 X 0 0 0 MANUMALO MUASAU DIRECTOR 1.00 X 0 0 0 ANDREW MOY DIRECTOR 1.00 X 0 0 0 SANDEEP NAIN DIRECTOR (THRU JANUARY) 1.00 X 0 0 0 GEORGE TANAKA DIRECTOR 1.00 X 0 0 0 TONY WALLER DIRECTOR 1.00 X 0 0 0 HELENE YAN DIRECTOR 1.00 X 0 0 0 CHILING TONG PRESIDENT AND CEO 40.00 X 330916 0 17705 JAN-IE LOW SVP OF CORP. STRAT. AND DEVELOPMENT 40.00 X 160031 0 4151 MICHELLE IM SR. FINANCE/ADMIN MANAGER 40.00 X 108023 0 9020 598970 0 30876 3 0 1 0 PUBLIC PRIVATE STRATEGIES 776 GIRARD STREET NW WASHINGTON DC 20001 POLICY CONSULTING 132716 1 292308 1645334 1937642 MANAGEMENT FEES 900099 460000 460000 CONFERENCE REVENUE 900099 32500 32500 492500 19255 19255 MISCELLANEOUS REVENUE 900099 17582 17582 REIMBURSEMENT 900099 287 287 17869 2467266 0 0 529624 X 512803 497057 9893 20393 76861 7886 81032 10 893898 13620 65104 21097 21726 94576 40402 313 4008 SUBSCRIPTIONS 45736 BAD DEBT EXPENSE 35000 DUES & MEMBERSHIPS 7511 LICENSE & PERMITS 835 2449761 602262 621766 123333 82787 134393 135538 9218 9049 481 169 543150 562394 299594 307855 1703213 1710509 93243 72635 93243 72635 X 1299970 1042874 310000 595000 1609970 1637874 1703213 1710509 17505 10399 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9218 9049 169 169 DUE FROM AFFILIATE 307015 DEPOSITS 840 307855 X PART X, LINE 2: THE ORGANIZATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2025 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. X X 0 0 0 CHILING TONG PRESIDENT AND CEO 250916 0 80000 0 0 0 17705 0 0 0 348621 0 0 0 JAN-IE LOW SVP OF CORP. STRAT. AND DEVELOPMENT 139275 0 20756 0 0 0 4151 0 0 0 164182 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE PRESIDENT & CEO AND THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. THE PERIODIC REVIEW, AT A MINIMUM, INCLUDES THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INURNMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ACE'S EXECUTIVE/GOVERNANCE COMMITTEE REVIEWS COMPENSATION FINDINGS AND PROVIDES RECOMMENDATIONS AND GUIDANCE ON THE COMPENSATION PACKAGE. AFTER REVIEWING THE REPORT FINDINGS AND CONSIDERING THE DATA REGARDING COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, THE EXECUTIVE/GOVERNANCE COMMITTEE TAKES ACTION AND RECOMMENDS THE COMPENSATION PACKAGE FOR THE PRESIDENT & CEO. THE PROCESS WAS LAST CONDUCTED IN DECEMBER 2024. THE PROCESS FOR DETERMINING THE COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES INCLUDES ALL OF THE FOLLOWING ELEMENTS: 1. REVIEWING THE ORGANIZATION'S STRUCTURE, INCLUDING THE OPERATING BUDGET, KEY METRICS, AND INDUSTRY. 2. REVIEWING AVAILABLE POSITION DESCRIPTIONS AND ORGANIZATIONAL CHARTS TO IDENTIFY JOB DUTIES AND RESPONSIBILITIES. 3. IDENTIFYING AND ANALYZING COMPENSATION DATA FROM PUBLISHED INDUSTRY SOURCES AND PEER NATIONAL DATA, BOTH FOR BASE SALARY AND TOTAL CASH COMPENSATION (ANNUAL BASE PLUS ANNUAL BONUS). ADDITIONALLY, MARKET FINDINGS FOR OTHER OFFICERS OR KEY EMPLOYEES ARE PRESENTED TO ACE'S PRESIDENT & CEO FOR REVIEW AND DISCUSSION. BASED ON A DISCUSSION WITH THE PRESIDENT & CEO REGARDING THE JOB PERFORMANCE, TENURE, AND KEY CONTRIBUTIONS OF THESE INDIVIDUALS, AN ANNUAL ADJUSTMENT TO THEIR 2025 BASE PAY WAS MADE. THIS PROCESS WAS LAST CONDUCTED IN DECEMBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION, UPON REQUEST, MAKES AVAILABLE ITS FORM 990 AND ALL OTHER DOCUMENTS REQUIRED BY LAW TO BE MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS AND ANY POLICY DOCUMENTS ARE PROVIDED TO THE INTERESTED PARTIES, SUCH AS FUNDERS, UPON REQUEST. THE BOARD OF DIRECTORS RESERVES THE RIGHT TO EVALUATE THE NECESSITY OF EACH SUCH REQUEST FOR FINANCIAL STATEMENTS AND POLICY DOCUMENTS AND TO DETERMINE, IN ITS SOLE DISCRETION, WHETHER TO RELEASE THESE DOCUMENTS TO AN OUTSIDE PARTY. FORM 990, PART IX, LINE 11G CONSULTANT SERVICES 401,158. PROGRAM MANAGEMENT 191,364. POLICY CONSULTING 134,029. SPONSORSHIP 115,205. PHOTOGRAPHY 11,800. OTHER PROGRAM SERVICES 15,400. AUDIO VISUAL COST 15,877. PAYROLL PROCESSING 9,065. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.