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ASIAN ECONOMIC DEVELOPMENT ASSOCIATION

ASIAN ECONOMIC DEVELOPMENT ASSOCIATION

St. Paul, MN, US
501(c)3
EIN
41-1911474
Logo for "ASIAN ECONOMIC DEVELOPMENT ASSOCIATION"

ASIAN ECONOMIC DEVELOPMENT ASSOCIATION

St. Paul, MN, US
501(c)3
EIN
41-1911474

Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Asian Economic Development Association (EIN: 41-1911474) is a nonprofit organization dedicated to increasing economic opportunities for Asian Americans through job training initiatives. With an operating budget of $1.2 million and total revenue of $1.1 million for the 2024 filing year, the organization is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. More information can be found on their website, AEDAMN.ORG.

Mission Statement

TO INCREASE ECONOMIC OPPORTUNITIES FOR ASIAN AMERICANS.
Revenues

$1.1M

Expenses

$1.2M

Net Income:
-$152.6K
Assets

$2.3M

Liabilities

$200.7K

Net Assets:
+$2.1M
Operating Budget

$1.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

7

Median grant size
$101K
Largest grant received
$250K
V
Va-Megn Thoj
Board Member
E
Ericka Trinh
Board Member
M
May Lee-Yang
Board Member

Frequently Asked Questions

What is ASIAN ECONOMIC DEVELOPMENT ASSOCIATION’s budget?
In 2024, ASIAN ECONOMIC DEVELOPMENT ASSOCIATION reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does ASIAN ECONOMIC DEVELOPMENT ASSOCIATION support?
ASIAN ECONOMIC DEVELOPMENT ASSOCIATION supports work in Job training.
Where does ASIAN ECONOMIC DEVELOPMENT ASSOCIATION operate?
ASIAN ECONOMIC DEVELOPMENT ASSOCIATION is headquartered in St. Paul, MN.
Who funded ASIAN ECONOMIC DEVELOPMENT ASSOCIATION recently?
In 2024, ASIAN ECONOMIC DEVELOPMENT ASSOCIATION received grants from THE MINNEAPOLIS FOUNDATION, LOCAL INITIATIVES SUPPORT CORPORATION, and Minnesota Humanities Center. More information on this organization’s funders is available to registered users.
What is the largest grant ASIAN ECONOMIC DEVELOPMENT ASSOCIATION received in 2024?
The largest grant to ASIAN ECONOMIC DEVELOPMENT ASSOCIATION in 2024 exceeds $250 thousand.
What is ASIAN ECONOMIC DEVELOPMENT ASSOCIATION’s reliance on government grants?
ASIAN ECONOMIC DEVELOPMENT ASSOCIATION relied on government grants for more than 40% of their total revenue in 2024.
Overview
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