Asian Americans for Equality
Asian Americans for Equality reported $16.0 million in revenue and $12.3 million in expenses for calendar year 2024. Of every $100 it spent, $70.67 went to program services, $27.02 to management and general costs and $2.31 to fundraising. Its largest source of revenue was contributions and grants: 69.6% of the total. Government grants made up 10.5%. The highest compensation it reported for one person was $345,979 (CHAIRMAN/ED). 7 people received more than $100,000 in reportable compensation. Revenue rose 159% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 70.7% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 27.0% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.3% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 69.6% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 10.5% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 20.8% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $345,979 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.82% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 7 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.7 | 6.8 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expensePlanning and development: in the past three decades, Asian Americans for equality has developed and preserved more than 1,200 affordable apartments in immigrant and low-income communities across new york city. The goal of our housing development work is to create safe and healthy homes for low- and middle-income individuals and families, proviidng the housing stability they need to thrive and preserving the essential character of our diverse neighborhoods. Aafe's planning & development team has a strong track record of innovation, pioneering various programs that have become citywide models…
Community outreach and education: aafe's outreach and education programs are designed to empower community members to become informed and engaged members in their buildings, neighborhoods and civic organizations. Each year, thousands of individuals attend our multilingual educational workshops and community events and participate in our advocacy campaigns. Aafe works to register voters, organize rent stabilized tenants and engage immigrant youth and low-income seniors. More than 100 volunteers help staff our food pantries, back to school giveaways and multicultural holiday celebrations
Housing, immigration and social services: the foundation of aafe's community services is a strong belief that everyone should have equitable access to affordable and safe housing, government safety net programs and healthcare and pathways to U.S. Citizenship for themselves and their families. While maintaining community centers in manhattan's chinatown and the lower east side and flushing and jackson heights in queens, our individual counseling services are available citywide. Aafe provides multilingual assistance in english, chinese, spanish, and korean to help prevent housing displacement…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHAIRMAN/ED Officer, 23.00 hrs/week | $0 | $284,107 | $61,872 | $345,979 |
| MANAGING DIR OF COMMUNITY Highest compensated employee, 23.00 hrs/week | $206,467 | $0 | $64,387 | $270,854 |
| VICE PRESIDENT/CHIEF OF STAFF Officer, 23.00 hrs/week | $199,435 | $0 | $9,430 | $208,865 |
| CHIEF ACCOUNTING OFFICER (OUTGOING) Officer, 23.00 hrs/week | $175,272 | $0 | $21,446 | $196,718 |
| DIRECTOR OF COMMUNITY SERV Highest compensated employee, 35.00 hrs/week | $168,137 | $0 | $13,077 | $181,214 |
| DIRECTOR OF HUMAN RESOURCES Highest compensated employee, 35.00 hrs/week | $167,302 | $0 | $13,077 | $180,379 |
| DIRECTOR OF MARKETING Highest compensated employee, 35.00 hrs/week | $158,725 | $0 | $14,453 | $173,178 |
| SENIOR PROJECT MANAGER Highest compensated employee, 35.00 hrs/week | $140,006 | $0 | $4,972 | $144,978 |
7 people received more than $100,000 in reportable compensation from Asian Americans for Equality (Part VII, line 2). Compensation of current officers, directors and key employees totaled $406K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 565
- Volunteers Part I, line 614
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CONTANGO It services | $255,997 |
| KASIRER LLC Consulting services | $168,000 |
| APOGEE EVENTS Venue and catering | $149,950 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
10 private foundations reported grants to Asian Americans for Equality totaling $52,109 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Asian Americans for Equality's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Asian Americans for Equality, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Asian Americans for Equality spent in 2024, $70.67 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Holy Angels ServicesBelmont, NC · revenue $16M · programs 85.6% · FY2025
- St Vincent Family ServicesColumbus, OH · revenue $16M · programs 88.1% · FY2025
- OnegenerationVan Nuys, CA · revenue $16M · programs 90.1% · FY2025
- The Young Mens Christian Association of Greater Des MoinesDes Moines, IA · revenue $16M · programs 82.8% · FY2025
- Matthew Walker Comprehensive Health CenterNashville, TN · revenue $16M · programs 74.2% · FY2025
Questions people ask
How much of Asian Americans for Equality's spending goes to programs?
In calendar year 2024, Asian Americans for Equality reported that 70.7% of its $12.3 million in expenses went to program services, 27.0% to management and general and 2.3% to fundraising (Form 990, Part IX).
How much does Asian Americans for Equality pay its top executive?
The largest total compensation Asian Americans for Equality reported for one person in calendar year 2024 was $345,979, for the role of CHAIRMAN/ED (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Asian Americans for Equality get its money?
Of $16.0 million in revenue in calendar year 2024, 69.6% came from contributions and grants (including 10.5% from government grants) and 20.8% from program service revenue (Form 990, Part VIII).
Is Asian Americans for Equality a registered charity?
The IRS lists EIN 13-3187792 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543219349311519 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443209349325569 · read the filing
- 2022: Form 990 for calendar year 2022 (amended), object 202403539349300740 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233209349300618 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143199349321329 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003219349319580 · read the filing
All filings for EIN 13-3187792: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.