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Filipino-American Development Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943300090 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Filipino-American Development Foundation?

The Filipino-American Development Foundation (FADF) is a nonprofit organization, established in March 1997, based in San Francisco, California. Situated at 1010 Mission St Ste B, this organization is dedicated to improving the social, physical, and economic well-being of the Filipino American community, particularly focusing on the needs of seniors and immigrant families. With a mission to take a responsive, participatory, and asset-based approach, FADF serves around 2000 clients annually at its Bayanihan Community Center through diverse programs such as after-school activities, community mental health services, and cultural and art events for low-income families. The organization's efforts extend beyond these services, also involving itself in community development strategies and economic initiatives to combat displacement of the Filipino residents and promote their sustainability. FADF, with a workforce of 59 employees, plays an instrumental role in strengthening the cultural district of SOMA Pilipinas, designated by the City of San Francisco in 2016, which spans 1.5 miles.


Official website here: www.bayanihancc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star Rating

The Filipino-American Development Foundation has received a solid rating of 88%, showcasing a commendable level of accountability and financial health. The organization exhibits strong governance, evidenced by its 87% independent board members and a robust financial oversight committee. Additionally, the foundation maintains a healthy liabilities to assets ratio of 44.88%, indicating sound financial management.

Despite its strengths, there are notable areas for improvement. The foundation lacks a whistleblower policy and document retention policy, both of which are critical for transparency and accountability. Furthermore, the absence of posted tax forms on its website may hinder potential donors' ability to access key financial information.

Overall, while the Filipino-American Development Foundation demonstrates effective financial practices and strong governance, addressing the gaps in policy documentation could enhance its trustworthiness and operational transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Filipino-American Development Foundation legitimate?

Filipino-American Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Filipino-American Development Foundation 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: $164,919
Professional Fundraising Fees: $0
Other Salaries and Wages: $860,585

For more financial information, click here


Official website here: www.bayanihancc.org

What is the mission statement of Filipino-American Development Foundation?

The Filipino-American Development Foundation (FADF), established in March 1997, is a nonprofit organization dedicated to improving the social, physical, and economic well-being of the Filipino American community, particularly focusing on underserved segments. Their community involvement primarily caters to the needs of senior citizens and immigrant families in San Francisco. FADF adopts a responsive, participatory, and asset-based approach to serve around 2000 clients annually at their Bayanihan Community Center through various programs. These include after-school initiatives, mental health services, and cultural and art activities tailored for low-income families.


Official website here: www.bayanihancc.org

What is the revenue of Filipino-American Development Foundation?

Filipino-American Development Foundation's revenue in 2023 was $2,462,732.


Official website here: www.bayanihancc.org

Who are the executives of Filipino-American Development Foundation and what are their salaries?

The average compensation at Filipino-American Development Foundation during 2023 was $16,812. There are 61 employees at Filipino-American Development Foundation.

Here are 8 key members and their salaries:


Gayle Romasanta (Executive Dir.)
  • Compensation: $148,333
  • Related: $0
  • Other: $0
Mc Canlas (Director)
  • Compensation: $16,586
  • Related: $0
  • Other: $0
Carolyn Sideco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerel Baldomero (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Estonina (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernice Sy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Sy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Deguzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bayanihancc.org

Where can I find the form 990 for Filipino-American Development Foundation?

Filipino-American Development Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bayanihancc.org

Learn more at the official website: www.bayanihancc.org

Mission Statement of Filipino-American Development Foundation

The Filipino-American Development Foundation, established in March 1997, is a nonprofit organization committed to enhancing the social, physical, and economic wellbeing of the Filipino American community. With a particular focus on underserved segments of this community, the organization adopts a responsive, participatory, and asset-based approach. This strategy allows the Filipino-American Development Foundation to serve approximately 2000 clients annually through its Bayanihan Community Center. The organization offers a variety of programs tailored to the needs of seniors and immigrant families in San Francisco. These programs include after-school initiatives, community mental health services, and cultural and art programming, all aimed at uplifting the lives of low-income families. In summary, the Filipino-American Development Foundation is dedicated to empowering the Filipino American community by providing resources and initiatives that improve their overall wellbeing and address their unique needs.

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Impact




July, 2024

The Filipino-American Development Foundation's impact is significant in the San Francisco community, particularly among the Filipino American population. Through its Bayanihan Community Center, FADF serves around 2000 clients annually, focusing on the needs of seniors and immigrant families. Their programs include after-school activities, community mental health support, and cultural and art programming for low-income families. Additionally, FADF plays a crucial role in the SOMA Pilipinas Filipino Cultural District, working on cultural preservation, community development, and economic initiatives to address the displacement of Filipino residents and promote their sustainability. By addressing the social, physical, and economic well-being of the Filipino American community, FADF is making a tangible difference in the lives of underserved individuals in San Francisco.




This information is meant to be a general summary of Filipino-American Development Foundation. 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.

Revenue
$2,462,732 (2023)
Expenses
$1,914,314 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $48,707
  • Program Service Revenue: $187,805
  • Gross Receipts: $2,462,732

Assets and Liabilities:

  • Total Assets: $3,062,235
  • Total Liabilities: $1,374,565
  • Net Assets: $1,687,670

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Fiscal Sponshership Rev

Revenue

$164,100

Rental Income

Revenue

$23,705

Organization Details

Founding Year

1997

Principal Officer

Carolyn Sideco

NTEE Category

Code: P840 - Human services

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