The Korean American Seniors Association Of Chicagoland Inc
- Assets
- $189.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1994
- Data as of
- 06/2022
- EIN
- 36-3428296
Organization Overview
The Korean American Seniors Association Of Chicagoland Inc is located in Chicago, IL. The organization was established in 1994. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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 American Seniors Association Of Chicagoland 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 06/2022, Korean American Seniors Association Of Chicagoland Inc generated $34.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ASSISTANCE TO SENIOR CITIZENS, INCLUDING, SOCIAL ACTIVITIES, EDUCATION AND FUNERAL EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chung S Kim President | 20 | $0 | |
Taewoo Kim Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,085 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,550 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,635 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $11,950 |
| Salaries, other compensation, and employee benefits | $4,300 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $13,798 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $30,748 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,958 |
| Other assets | $0 |
| Total assets | $189,110 |
| Total liabilities | $100,075 |
| Net assets or fund balances | $89,035 |
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