Boston Okta Korean Business Association Inc
- Assets
- $11.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- Data as of
- 12/2023
- EIN
- 35-2646971
Organization Overview
Boston Okta Korean Business Association Inc is located in Cambridge, MA. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Okta Korean Business Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Boston Okta Korean Business Association Inc generated $17.3k in total revenue. All expenses for the organization totaled $9.7k during the year ending 12/2023. While expenses have increased by 125.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AND WITH WORLD FEDERATION OF OVERSEAS KOREAN TRADERS ASSOCIATION.THROU GH INFORMATION EXCHANGE AND NETWORKING WITHIN THE NEW ENGLAND AREAAND WITH WORLD FEDERATION OF OVERSEAS KOREAN TRADERS ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jin Jang President | 5 | $0 | |
Na Yoon Treasurer | 5 | $0 | |
Hoon Heo Clerk | 5 | $0 | |
Won Ra Director | 5 | $0 | |
Kyung-Shick Choi Director | 5 | $0 | |
Linda Champion Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,520 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,780 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,300 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,740 |
| Total expenses | $9,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,837 |
| Other assets | $0 |
| Total assets | $11,837 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,837 |