SAINT PAUL, MN
Asian Economic Development Association
Quick Facts
- EIN
- 41-1911474
- Location
- SAINT PAUL, MN
- Category
- Human Services
- NTEE Code
- J22
- Total Assets
- $2.3M
- Annual Income
- $1.2M
- Annual Revenue
- $1.1M
- IRS Ruling Year
- 1999
- Tax Subsection
- 501(c)(03)
About This Organization
Asian Economic Development Association is a nonprofit organization based in SAINT PAUL, MN. It received its IRS tax-exempt ruling in 1999. The organization is classified under IRC Section 501(c)(03). It operates in the area of human services. Total assets are reported at $2.3M. Annual income is $1.2M. The organization has received $1.6M in foundation grants from 9 funders. It has received $170K in federal awards from 3 agencies.
Grants Received from Foundations
Foundation grants awarded to Asian Economic Development Association, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Target Foundation | $150K | 2024 | ECONOMIC OPPORTUNITY - HOMETOWN |
| Kresge Foundation | $100K | 2023 | OPERATING SUPPORT TO CONTINUE TO BOLSTER ASIAN ECONOMIC DEVELOPMENT ASSOCIATION'S CREATIVE PLACEMAKING ACTIVITIES AND PARTICIPATION IN KRESGE'S BUILDING AND SUPPORTING EQUITABLE DEVELOPMENT (BASED) INITIATIVE. |
| Mcknight Foundation | $75K | 2023 | To support the Little Mekong Market Cooperative and incubator, which will create up to 50 microbusinesses and anchor wealth building in Little Mekong by helping to transfer an asset to BIPOC business owners |
| F R Bigelow Foundation Trust 555 | $4K | 2023 | GENERAL OPERATING SUPPORT |
| Sierra Health Foundation | $2K | 2023 | MATCHING GIFT |
| Kresge Foundation | $100K | 2022 | OPERATING SUPPORT TO CONTINUE TO BOLSTER ASIAN ECONOMIC DEVELOPMENT ASSOCIATION'S CREATIVE PLACEMAKING ACTIVITIES AND PARTICIPATION IN KRESGE'S BUILDING AND SUPPORTING EQUITABLE DEVELOPMENT (BASED) INITIATIVE. |
| Kresge Foundation | $100K | 2022 | OPERATING SUPPORT TO CONTINUE TO BOLSTER ASIAN ECONOMIC DEVELOPMENT ASSOCIATION'S CREATIVE PLACEMAKING ACTIVITIES AND PARTICIPATION IN KRESGE'S BUILDING AND SUPPORTING EQUITABLE DEVELOPMENT (BASED) INITIATIVE. |
| Mcknight Foundation | $75K | 2022 | To support the Little Mekong Market Cooperative and incubator, which will create up to 50 microbusinesses and anchor wealth building in Little Mekong by helping to transfer an asset to BIPOC business owners |
| Mcknight Foundation | $75K | 2022 | To support the Little Mekong Market Cooperative and incubator, which will create up to 50 microbusinesses and anchor wealth building in Little Mekong by helping to transfer an asset to BIPOC business owners |
| Mardag Foundation | $25K | 2022 | SE ASIAN ARTIST ENGAGEMENT AND DEVELOPMENT |
| Mardag Foundation | $25K | 2022 | SE ASIAN ARTIST ENGAGEMENT AND DEVELOPMENT |
| Kresge Foundation | $200K | 2021 | OPERATING SUPPORT TO CONTINUE TO BOLSTER ASIAN ECONOMIC DEVELOPMENT ASSOCIATION'S CREATIVE PLACEMAKING ACTIVITIES AND PARTICIPATION IN KRESGE'S BUILDING AND SUPPORTING EQUITABLE DEVELOPMENT (BASED) INITIATIVE. |
| Mcknight Foundation | $50K | 2021 | for general operating support, and for capital to redevelop a vacant commercial space in Little Mekong as a new Creative Makers Business Incubator |
| Mcknight Foundation | $50K | 2021 | for general operating support, and for capital to redevelop a vacant commercial space in Little Mekong as a new Creative Makers Business Incubator |
| Mcknight Foundation | $50K | 2021 | for general operating support, and for capital to redevelop a vacant commercial space in Little Mekong as a new Creative Makers Business Incubator |
| Kresge Foundation | $203K | 2020 | OPERATING SUPPORT TO BOLSTER ASIAN ECONOMIC DEVELOPMENT ASSOCIATIONS CREATIVE PLACEMAKING ACTIVITIES AND OFFSET EXPENSES RELATED TO PARTICIPATION IN KRESGES BUILDING AND SUPPORTING EQUITABLE DEVELOPMENT (BASED) INITIATIVE. |
| Otto Bremer Trust | $75K | 2020 | GENERAL OPERATING SUPPORT |
| Mcknight Foundation | $50K | 2020 | For general operating support |
| Mcknight Foundation | $50K | 2020 | For general operating support, and for capital to redevelop a vacant commercial space in Little Mekong as a new Creative Makers Business Incubator |
| Mcknight Foundation | $50K | 2020 | For general operating support, and for capital to redevelop a vacant commercial space in Little Mekong as a new Creative Makers Business Incubator |
| Mcknight Foundation | $50K | 2020 | For general operating support |
| Bush Foundation | $25K | 2020 | TO BE A LEADER AND LEARNER AS A MEMBER OF COMMUNITY CREATIVITY COHORT 2, A 3-YEAR PARTICIPANT-LED CAPACITY BUILDING EFFORT TO SUPPORT ORGANIZATIONS LED BY AND SERVING PEOPLE OF COLOR AND INDIGENOUS PEOPLE, RURAL COMMUNITIES, AND SMALLER CITIES AND TOWNS |
| Kresge Foundation | $20K | 2020 | TO SUPPORT THE DEVELOPMENT OF A COMMUNITY FOOD CENTER AND ADVANCE URBAN FARMING, CREATIVE PLACEMAKING, AND BUSINESS DEVELOPMENT ACTIVITIES AS PART OF THE FRESH, LOCAL AND EQUITABLE INITIATIVE. |
| Edwards Lifesciences Foundation | $150 | 2020 | MATCHING GIFTS GRANT |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of the Treasury | 1 awards totaling $125,000 | $125K | 2022 |
| Department of Agriculture | 1 awards totaling $35,000 | $35K | 2022 |
| National Endowment for the Arts | 1 awards totaling $10,000 | $10K | 2022 |
Frequently Asked Questions
What does Asian Economic Development Association do?
Asian Economic Development Association is a nonprofit organization focused on human services, based in SAINT PAUL, MN. It is classified under IRC Section 501(c)(03).
Who funds Asian Economic Development Association?
Asian Economic Development Association has received foundation grants from Target Foundation, Kresge Foundation, Mcknight Foundation, and others. It has also received federal awards from Department of the Treasury, Department of Agriculture, National Endowment for the Arts.
What is Asian Economic Development Association's annual revenue?
Asian Economic Development Association reports total assets of $2.3M. Annual income is $1.2M.
Where is Asian Economic Development Association located?
Asian Economic Development Association is located in SAINT PAUL, MN.
Is Asian Economic Development Association a 501(c)(3)?
Yes, Asian Economic Development Association is a 501(c)(3) tax-exempt organization. Its EIN is 41-1911474. Donations to this organization may be tax-deductible.
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