Pacific Asian Consortium In Employment

Name

Pacific Asian Consortium In Employment

Legal name

Pacific Asian Consortium in Employment

Website

https://pacela.org

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Community Development Services

NAICS

Child Care Services (624410), Child Care Services (6244)

SIC

Services-Child Day Care Services (8351)

akta.pro primary industry

Head Start & Public Pre-K Programs (EDACABAK)

Keywords

• Community development services
• Workforce development programs
• Early childhood education
• Affordable housing management
• Small business lending

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Government Grants and Contracts: PACE operates primarily as a federally and state-funded community development organization. Major funding sources include U.S. Department of Health and Human Services (Head Start, LIHEAP, Stop the Hate), California Employment Development Department, California Department of Community Services & Development, and various federal workforce development programs under WIOA.
2. Foundation Grants: PACE receives grants from foundations such as Citi Foundation's Community Progress Makers initiative ($1 million over three years) and other corporate foundations for specific programs and community development initiatives.
3. Corporate and Individual Donations: PACE accepts charitable donations from individuals and corporations. The organization is a 501(c)(3) nonprofit, and donations are tax-deductible. Corporate partners including Comerica Bank ($50,000 contributions) support various programs.
4. CDFI Lending Operations: PACE Finance Corporation (PFC) provides microloans and small business loans as a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE). Revenue is generated through loan interest and fees from small business lending programs.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

PACE is a nonprofit community development organization delivering five integrated programs for low-income and underserved communities in Los Angeles County: small business development and CDFI microloans, Head Start / Early Head Start early childhood education, WorkSource Center employment and workforce services, LIHEAP energy assistance and weatherization, and affordable housing (nearly 1,000 units). All core services are free to eligible clients, with affordable rental housing priced on income tiers down to 20% AMI.

Product overview

PACE is a community development organization offering five core programs: Business (small business development, counseling, and CDFI lending), Education (Head Start/Early Head Start early childhood education), Employment (WorkSource Center workforce services), Energy (LIHEAP utility assistance and weatherization), and Housing (affordable housing management). Additional initiatives include Stop the Hate anti-hate programming and TEACH-LA social enterprise. PACE Finance Corporation (PFC) handles small business lending as a CDFI subsidiary. The organization serves low-income communities across Los Angeles through linguistically and culturally competent services in over 40 languages.

Differentiator

Problem solved

Functional benefit

Products and services

• PACE Business Development Center Promotes growth and expansion of diverse small businesses through business counseling, contracting support, and financial services as an SBA Microloan Intermediary, Community Advantage lender, and CDFI-certified lender.
• PACE Education (Head Start & Early Head Start) Early childhood education programs serving children ages 0-5 and expectant families with comprehensive services including mental health, nutrition, and social services as a delegate agency of LACOE.
• PACE Employment (WorkSource Center) One-stop workforce services under WIOA providing comprehensive employment and training services for job seekers and employers including workshops, supportive services, computer lab access, and personalized employment counseling.
• PACE Energy (LIHEAP) Energy assistance program for low-income households providing utility bill assistance (LIHEAP), energy savings education, and home weatherization in collaboration with LADWP, SoCalGas, and SCE.
• PACE Housing Manages nearly 1,000 affordable housing units for low-income families in Los Angeles, including units set aside for people experiencing homelessness, older adults, individuals with disabilities, and transitional youth.
• Stop the Hate Program Provides community-building, outreach, and prevention/intervention services to combat anti-AAPI hate; offers multilingual SAFE trainings in over 10 languages and supports victims of hate crimes.
• PACE Finance Corporation (PFC) Certified CDFI providing affordable loans and capital access programs for small businesses underserved by traditional banks, including the Small Business Emergency Relief Loan Program offering $5,000 loans.
• TEACH-LA Social enterprise subsidiary providing paid on-the-job training and employment placements in the Early Childhood Education sector as part of the TEACH Track workforce initiative.
• TEACH Track Workforce Initiative Workforce initiative training 144 individuals for quality jobs in the Early Childhood Education sector through paid on-the-job training and credentialing, funded under WIOA.
• Citi Foundation Community Progress Makers Grant Program PACE initiative funded by a $1M Citi Foundation grant to advance economic mobility, environmental sustainability, green economy training, and energy efficiency projects in Los Angeles.

Quantifiable outcome

• Served over 1.4 million individuals and families since 1975
• +3 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

13 partnerships are on record, tiered core and minor.

• New Economics for WomencoreStrategic or Co-development Partner · 27 March 2026PACE partnered with New Economics for Women to co-administer the $400,000 Council District 1 Small Business Grant Program, facilitating access to funding and guiding business owners through the application process.
• Office of Councilmember Eunisses Hernandez (Council District 1)coreStrategic or Co-development Partner · 27 March 2026Partnership with LA City Council District 1 to administer a new $400,000 grant program supporting small businesses in neighborhoods like Westlake, Pico Union, and Highland Park.
• California Office of the Small Business Advocate (CalOSBA)minorStrategic or Co-development Partner · 26 February 2026Director Elmy Bermejo of CalOSBA spoke at PACE's 2026 Lunar New Year Luncheon, encouraging business owners to seek support from organizations like PACE.
• California Infrastructure and Economic Development Bank (IBank)minorStrategic or Co-development Partner · 26 February 2026Executive Director Andy Nakahata of IBank spoke at PACE's 2026 Lunar New Year Luncheon, promoting available resources for small businesses.
• Japanese American Cultural & Community Center (JACCC)minorStrategic or Co-development Partner · 26 February 2026JACCC hosted PACE's 2026 Lunar New Year Luncheon & Celebration, a key community event celebrating Los Angeles' small business community.
• LABCi (Los Angeles Business Capital initiative)coreStrategic or Co-development Partner · 10 October 2024PACE and LABCi partnered to empower small, diverse, and disadvantaged businesses through joint programs supporting entrepreneurship and business development in Los Angeles.
• Korean American Law Enforcement Organization (KALEO)coreStrategic or Co-development Partner · 16 October 2023PACE leads the SAFE (Security and Awareness as Fundamental Education) collaborative in partnership with KALEO, developing multilingual trainings and educational resources to combat anti-Asian hate for AAPI older adults, community members, and law enforcement.
• PACE CarecoreStrategic or Co-development Partner · 16 October 2023PACE partners with PACE Care as part of the SAFE collaborative to provide trainings and informational resources for AAPI community safety and wellness.
• Microsoft (TechSpark LA)coreStrategic or Co-development Partner · 28 September 2023Microsoft and PACE launched a new Information Technology (IT) Career Training Program to provide technology skills training for underserved communities in Los Angeles.
• Los Angeles Department of Water & Power (LADWP)coreStrategic or Co-development PartnerLong-standing partnership for rebate programs, lifeline assistance, and water conservation outreach, with PACE providing in-language community outreach for LADWP customers.
• Southern California Edison (SCE)coreStrategic or Co-development PartnerPartnership for Energy Savings Assistance Program as Quality Inspection and QA Service Provider, verifying contractor installations for SCE customers.
• Southern California Gas CompanycoreStrategic or Co-development PartnerPartnership through SoCalGas Community Investment Fund for energy programs and ESA Program services for income-qualified households.
• Los Angeles County Office of Education (LACOE)coreStrategic or Co-development PartnerPACE serves as a delegate agency of LACOE for Head Start and Early Head Start programs, with LACOE serving as the grantee.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/paceinla
• Facebookfacebook.com/paceinla
• LinkedInlinkedin.com/company/pacific-asian-consortium-in-employment-pace
• Instagraminstagram.com/paceinla

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors3 records

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific Asian Consortium In Employment