Korean American Coalition

Organization Overview

Korean American Coalition is located in Los Angeles, CA. The organization was established in 1984. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Korean American Coalition employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean American Coalition 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 12/2022, Korean American Coalition generated $566.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $527.8k during the year ending 12/2022. While expenses have increased by 15.0% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FACILITATE THE KOREAN AMERICAN COMMUNITY'S PARTICIPATION IN CIVIC, LEGISLATIVE, AND COMMUNITY AFFAIRS, ENCOURAGING THE COMMUNITY TO CONTRIBUTE TO AND BECOME AN INTEGRAL PART OF THE BROADER SOCIETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EMPOWERMENT


SPECIAL PROJECT


CIVIC ENGAGEMENT,CENSUS,VOTER REGISTRATION


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Board, Officers & Key Employees

Name (title)Compensation
Eunice Song
Executive/ad
$126,064
Robert J Kang ESQ
Board Vice C
$0
Albert J Jang
Treasurer
$0
Garrett Lee
Secretary
$0
Susie Oh
Board Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$232,166
Membership dues$0
Fundraising events$8,246
Related organizations$287,645
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$528,057
Total Program Service Revenue$30,968
Investment income $6,955
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $565,980

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