New Jersey Korean American Chamber Of Commerce Inc
- Assets
- $5.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Fort Lee, NJ
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 45-4433431
Organization Overview
New Jersey Korean American Chamber Of Commerce Inc, operating under the name The Workd Okta New Jersey, is located in Fort Lee, NJ. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workd Okta New Jersey 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 12/2021, Workd Okta New Jersey generated $96.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $119.6k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NON-BUSINESS AND NON-PUCUNIARY PURPOSE OF THE ORGANIZATION ARE TO PROTECT AND PROMOTE THE INTERESTS OF THOSE WHO ARE ENGAGE IN THE TRADIG INDUSTRY WITHIN THE NEW JERSEYMETRO AREA BY SUPPORTING THE EXCHANGE OF INFORMATION AND KNOWLEDGE AMONGST ITS MEMBERS AND TO ENDEAVOR TO INCULCATE AND MAINTAIN HIGH MORALITY AND FOSTER A SPIRIT OF FRIENDSHIP AND BENEVOLENCE AMONGST ITS MEMBER.
Describe the Organization's Program Activity:
Part 3
TO PROTECT AND PROMOTE THE INTERESTS OF THOSE WHO ARE ENGAGE IN THE TRADIG INDUSTRY WITHIN THE NEW JERSEY METRO AREA BY SUPPORTING THE EXCHANGE OF INFORMATION AND KNOWLEDGE THROUGH SEMINAR AND MEETING AMONGST ITS MEMBERS.
TO ENDEAVOR TO INCULCATE AND MAINTAIN HIGH MORALITY AND FOSTER A SPIRIT OF FRIENDSHIP AND BENEVOLENCE AMONGST ITS MEMBERS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,574 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,574 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,664 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $115,932 |
| Total expenses | $119,596 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,906 |
| Other assets | $0 |
| Total assets | $5,906 |
| Total liabilities | $5,200 |
| Net assets or fund balances | $706 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Jersey Korean American Chamber Of Commerce Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Fa Park Family Founation Inc Alpine, NJ PURPOSE: OPERATING CONTRIBUTION | $2,000 |
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Wildwood Programs Inc Latham, NY | $26,961,317 | $41,590,830 |
Green Chimneys Childrens Services Inc Brewster, NY | $40,286,634 | $28,138,217 |
Times Square District Management Association New York, NY | $18,451,564 | $28,017,921 |
Childrens Center For Treatment And Education Bradford, PA | $5,348,327 | $25,705,354 |
52 Broadway Realty Corp New York, NY | $50,887,165 | $15,066,010 |
Peter Becker Community Harleysville, PA | $93,663,279 | $25,907,614 |
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |
Horizon Village Inc Sanborn, NY | $19,517,446 | $18,747,224 |