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Nonprofit · EIN 45-4433431

NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC

Tax-exempt · FORT LEE, NJ 07024

Financials

$74K$73K2023$58K$66K2024$48K$90K2025
Revenue Expenses · by fiscal year end
Financials of NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$48,043$90,278-$42,235$2,275$51,890-$49,615
December 31, 2024990-EZ$58,464$66,347-$7,883$3,820$11,200-$7,380
December 31, 2023990-EZ$74,338$73,040$1,298$5,704$5,200$504
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$48,043

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$90,278
Program services (functional)
$45,421

Balance sheet and other

Total assets, start of year
$3,820
Total assets, end of year
$2,275
Total liabilities, end of year
$51,890
Net assets, end of year
-$49,615
Cash, savings and investments
$2,275
Gross receipts
$48,043

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
HENRY KIMPRESIDENT0$0
990-EZ for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
CHIN SON HONGPRESIDENT0$0
990-EZ for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
CHIN SON HONGPRESIDENT0$0

Address and contacts

Address (IRS master file)
2 EXECUTIVE DR STE 210, FORT LEE, NJ 07024-3320
In care of
% THE WORLD OKTA NEW JERSEY
Signed the 990-EZ
HENRY KIM, PRESIDENT
Return prepared by
MINYONG SONG CPA PC

Mission

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.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $45,421
  • TO ENDEAVOR TO INCULCATE AND MAINTAIN HIGH MORALITY AND FOSTER A SPIRIT OF FRIENDSHIP AND BENEVOLENCE AMONGST ITS MEMBERS.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
45-4433431
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$2,275
Income (IRS master file)
$48,043

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$48,043$90,278$2,275XML
990-EZDecember 2024$58,464$66,347$3,820IRS
990-EZDecember 2023$74,338$73,040$5,704XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4433431).

Questions about NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC

What is the EIN of NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC is 45-4433431.
Is NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2014.
Are donations to NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC?
The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does NEW JERSEY KOREAN AMERICAN CHAMBER OF COMMERCE INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $48,043, expenses of $90,278 and total assets of $2,275 at year end.

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