Korean American Society Of Greater Kansas City Inc is located in Overland Park, KS. The organization was established in 1976. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, 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. Korean American Society Of Greater Kansas City 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 12/2021, Korean American Society Of Greater Kansas City Inc generated $47.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $49.3k during the year ending 12/2021. 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 Program Activity:
Part 3
HOSTED EVENTS AND FESTIVALS IN ORDER TO DEVELOP AND PROMOTE THE COMMON WELFARE OF MEMBERS, AND CONTRIBUTE TOWARD BETTER UNDERSTANDING AND EXCHANGE OF KOREAN AND AMERICAN CULTURES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith Ahn President | 3 | $0 | |
Junsu Kim Vice President | 3 | $0 | |
Junhwan Kim Treasurer | 3 | $0 | |
John Yoon Vice President | 1 | $0 | |
Sungbae Kim Chairman | 1 | $0 | |
June Cho Secretary General | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $45,272 |
Total Program Service Revenue | $0 |
Membership dues | $2,380 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1 |
Total Revenue | $47,653 |
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 | $350 |
Occupancy, rent, utilities, and maintenance | $4,731 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $44,262 |
Total expenses | $49,343 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,527 |
Other assets | $0 |
Total assets | $5,527 |
Total liabilities | $0 |
Net assets or fund balances | $5,527 |
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