Overview
What is Pacific Asian Consortium In Employment?
The Pacific Asian Consortium In Employment (PACE) is a nonprofit organization based in Los Angeles, California. With a workforce of 375 employees, they serve as a valuable resource for addressing issues related to housing, unemployment, and business development within the community. In particular, PACE focuses on child education and nutrition, as evidenced by their enrollment of 1,170 children in Head Start programs, operation of 15 school sites, and the preparation and serving of 299,542 meals. Their efforts extend beyond economic solutions, as they engage 1,926 children and families through their initiatives. Overall, PACE's mission is to identify, secure, and administer economic solutions while serving the community at large.
Official website here: www.pacela.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The Pacific Asian Consortium in Employment has received an 85% score from Charity Navigator, which reflects a solid performance in accountability and finance. This score is indicative of the organization's commitment to transparency and responsible financial management, as it is based entirely on their accountability and finance metrics.
One of the notable strengths of the organization includes a high percentage of independent board members, with 75% of board members being independent. They also excel in areas such as financial oversight, evidenced by a perfect score in their audit and oversight committee. Additionally, the organization boasts a strong program expense ratio of nearly 90%, indicating that a significant portion of their funds is allocated directly to their programs.
However, there are some limitations noted, particularly regarding their liabilities to assets ratio, which stands at 64.58%. This suggests that the organization may have a higher level of liabilities compared to its assets, a factor that could be of concern in assessing their long-term financial health. Overall, the Pacific Asian Consortium in Employment demonstrates strong accountability practices but may need to address their financial liabilities to enhance their stability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Pacific Asian Consortium In Employment?
86% of 11 reviewers on Facebook would recommend Pacific Asian Consortium In Employment. Here's a brief summary of their insights:
The organization is praised for its commitment to serving ethnic, disadvantaged, and low-income communities. Many reviewers highlight the valuable services offered, showcasing a strong alignment with its mission to uplift these populations.
Overall, the sentiment indicates a positive reception from users, reflecting satisfaction with the support and resources provided by the organization. It is clear that the nonprofit is making a meaningful impact in the lives of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Pacific Asian Consortium In Employment legitimate?
Pacific Asian Consortium In Employment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacific Asian Consortium In Employment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $469,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,974,118
For more financial information, click here
Official website here: www.pacela.org/
What is the mission statement of Pacific Asian Consortium In Employment?
The Pacific Asian Consortium In Employment (PACE) is dedicated to addressing economic challenges related to housing, unemployment, and business development within the community. As a resourceful organization, PACE strives to identify, secure, and administer economic solutions to help overcome these issues while contributing to the greater community.
Moreover, PACE is deeply involved in child education and nutrition services. Through the Headstart program, they support over 1,170 children across 29 school sites. Parents are encouraged to volunteer extensively, contributing 96,629 hours towards their children's education. PACE also prepares and serves over 1,926 meals for children and families, ensuring essential nourishment for those in need.
Official website here: www.pacela.org/
Who is the CEO of Pacific Asian Consortium In Employment?
Kerry N Doi is the Board Member of Pacific Asian Consortium In Employment. The CEO's salary of Pacific Asian Consortium In Employment is $346,778 and their total compensation is $348,379.
Official website here: www.pacela.org/
What is the revenue of Pacific Asian Consortium In Employment?
Pacific Asian Consortium In Employment's revenue in 2022 was $30,459,422.
Official website here: www.pacela.org/
Who are the executives of Pacific Asian Consortium In Employment and what are their salaries?
The average compensation at Pacific Asian Consortium In Employment during 2022 was $41,183. There are 375 employees and 779 volunteers at Pacific Asian Consortium In Employment.
Here are 11 key members and their salaries (Pacific Asian Consortium In Employment's CEO's salary is $346,778 and their total compensation is $348,379):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $346,778
- Related: $0
- Other: $1,601
- Compensation: $190,150
- Related: $0
- Other: $0
- Compensation: $163,232
- Related: $0
- Other: $4,207
- Compensation: $126,190
- Related: $0
- Other: $5,849
- Compensation: $124,268
- Related: $0
- Other: $2,499
- Compensation: $129,855
- Related: $0
- Other: $0
- Compensation: $127,323
- Related: $0
- Other: $1,601
Official website here: www.pacela.org/
Where can I find the form 990 for Pacific Asian Consortium In Employment?
Pacific Asian Consortium In Employment's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pacela.org/
Learn more at the official website: www.pacela.org/
Mission Statement of Pacific Asian Consortium In Employment
Pacific Asian Consortium In Employment, or PACE, is a dynamic organization dedicated to identifying, securing, and administering economic solutions to challenges related to housing, unemployment, and business development, all while serving the community at large. The consortium's primary mission revolves around addressing these pressing issues and making a tangible impact on people's lives.
PACE's commitment to the community is particularly evident in their child education and nutrition services. With 1,170 children enrolled in Headstart programs, the organization plays a crucial role in providing early childhood education to a significant number of young learners. These programs operate at 29 school sites, where dedicated volunteers contribute an impressive 96,629 hours towards the cause. The impact of this investment is evident in the 1,926 families and children who have been served, with a total of 299,542 meals prepared and served.
In addition to its work in education, PACE also makes strides in addressing unemployment. The organization's mission extends beyond identifying and securing economic solutions; it also administers these solutions to ensure they effectively address the underlying issues. By doing so, PACE empowers individuals and families to overcome the challenges they face and build a better future for themselves and their communities.
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Impact
October, 2024
The Pacific Asian Consortium In Employment (PACE) plays a vital role in addressing critical issues related to housing, unemployment, and business development in the community. By focusing on economic solutions, PACE directly impacts the lives of individuals and families in Los Angeles.
Through its child education and nutrition services, PACE has enrolled 1,170 children in its Head Start program across 15 school sites, providing essential early education and developmental support. The program has also engaged parents extensively, contributing an impressive 96,629 volunteer hours, which fosters community involvement and a supportive environment for children's growth.
Moreover, PACE has prepared and served a staggering 299,542 meals, ensuring that children from underprivileged backgrounds receive proper nutrition—crucial for their physical and cognitive development. By serving a total of 1,926 children and families, PACE not only addresses immediate needs but also contributes to the long-term well-being and stability of the community.
Overall, PACE’s initiatives support community improvement by tackling economic challenges and enhancing the quality of life for many vulnerable populations in Los Angeles.
This information is meant to be a general summary of Pacific Asian Consortium In Employment. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $59,951
- Program Service Revenue: $1,007,238
- Gross Receipts: $30,459,422
Assets and Liabilities:
- Total Assets: $12,536,180
- Total Liabilities: $5,819,965
- Net Assets: $6,716,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$1,007,238
Organization Details
Founding Year
1976
Phone
(213) 353-3982Principal Officer
Kerry N Doi
Main Address
1055 WILSHIRE BLVD 1475, LOS ANGELES, CA, 90017
Website
www.pacela.org/NTEE Category
Code: S200 - Community improvement
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