Korean Air Conditioning & Refrig Assoc Of Ny Inc
- Assets
- $254.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flushing, NY
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 11-3261970
Organization Overview
Korean Air Conditioning & Refrig Assoc Of Ny Inc is located in Flushing, NY. The organization was established in 2000. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Air Conditioning & Refrig Assoc Of NY Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Korean Air Conditioning & Refrig Assoc Of NY Inc generated $55.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $57.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ho Y Kim Board Member | 0 | $0 | |
Scott Kim Honorary Pre | 0 | $0 | |
Peter H Choe Board Chairm | 0 | $0 | |
Sc Lee Secretary Ma | 0 | $0 | |
Kyu O Han Board Member | 0 | $0 | |
Jong K Bahk Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,562 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,262 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,125 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,415 |
| Other expenses | $53,397 |
| Total expenses | $57,937 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $254,796 |
| Other assets | $0 |
| Total assets | $254,796 |
| Total liabilities | $0 |
| Net assets or fund balances | $254,796 |