ASIAN COMMUNITY DEVELOPMENT CORP

BOSTON, MA, 02111-0000 (617) 482-2380 Est. 1987 EIN 04-2988263

L20Z— Housing & Shelter Form 990 501(c)(3)

WWW.ASIANCDC.ORG

Mission

THE ASIAN COMMUNITY DEVELOPMENT CORPORATION (ACDC) WORKS IN UNDERSERVED AND IMMIGRANT ASIAN AMERICAN COMMUNITIES IN THE GREATER BOSTON REGION TO CREATE AND PRESERVE AFFORDABLE, SUSTAINABLE, AND HEALTHY NEIGHBORHOODS. WE ACHIEVE THIS BY BUILDING AFFORDABLE HOMES AND VIBRANT SPACES, EMPOWERING FAMILIES WITH ASSET-BUILDING TOOLS, AND STRENGTHENING COMMUNITIES THROUGH RESIDENT AND YOUTH LEADERSHIP.

Financials

Total Revenue

$4,785,869

Total Expenses

$3,733,823

Net Assets

$24,705,760

15 employees 100 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

6.6 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 5.6%

Expenses ↓ 5.6%

Revenue Sources

Contributions 33.3% Earned revenue 56.1% Investment 6.2% Other 4.0%

Expense Breakdown

Program 73.5% Management 20.3% Fundraising 6.2%

Officers & Key Employees (16)

Sign up free to see all officers. We treat individual compensation with extra care; named amounts are on Grow plans.

Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$4,785,869 ↓	$3,733,823	$24,705,760
2023 Form 990	$5,068,505 ↑	$3,954,751	$24,100,634
2022 Form 990	$3,536,365 ↑	$3,083,157	$22,865,307
2020 Form 990	$3,168,257 ↑	$2,299,206	$20,983,927
2019 Form 990	$2,516,433 ↑	$1,919,499	$20,011,262
2018 Form 990	$1,291,737	$1,587,324	$7,005,785