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Nonprofit · EIN 52-1238765

KOREA ECONOMIC INSTITUTE OF AMERICA

Tax-exempt · WASHINGTON, DC 20006

Financials

$3.2M$3.5M2023$3.1M$3.4M2024$2.9M$3.1M2025
Revenue Expenses · by fiscal year end
Financials of KOREA ECONOMIC INSTITUTE OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,946,248$3,052,592-$106,344$7,139,398$5,528,916$1,610,482
December 31, 2024990$3,059,106$3,367,493-$308,387$7,966,334$6,299,100$1,667,234
December 31, 2023990$3,223,460$3,472,211-$248,751$8,965,386$7,045,492$1,919,894
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,745,537
of which government grants
$2,745,537
Program service revenue
$163,040
Investment income
$37,671
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,125,234
Salaries, compensation and benefits (total)
$1,476,471
Professional fundraising fees
$0
Legal fees
$44,780
Occupancy
$736,201
Travel
$181,951
Depreciation
$88,906

Balance sheet and other

Total assets, start of year
$7,966,334
Total assets, end of year
$7,139,398
Total liabilities, end of year
$5,528,916
Net assets, end of year
$1,610,482
Land, buildings and equipment
$468,033
Publicly traded securities
$1,061,287
Net assets without donor restrictions
$949,724
Net assets with donor restrictions
$660,758
Gross receipts
$2,946,248
Employees
20
Year formed
1982
State of legal domicile
DC

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SCOTT SNYDERCHIEF EXEC.
Trustee or director, Officer
40$250,000$4,619
MARK TOKOLASECRETARY -E
Former
40$180,040$0
ROSA CHUNGTREASURER
Trustee or director, Officer
40$122,000$0
MARK FITZPATRICKDIRECTOR
Trustee or director
1.2$0$0
STEPHEN HAGGARDDIRECTOR
Trustee or director
1.2$0$0
TAE SOO KANGDIRECTOR
Trustee or director
1.2$0$0
DANNY M LEIPZIGERDIRECTOR
Trustee or director
1.2$0$0
KATY OHDIRECTOR
Trustee or director
1.2$0$0
TAMI OVERBYDIRECTOR
Trustee or director
1.2$0$0
E YOUNG SONGDIRECTOR
Trustee or director
1.2$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
TROY STANGARONESENIOR DIREC
Highest-paid employee
40$242,894$0
SCOTT SNYDERCHIEF EXEC.
Officer
40$187,500$3,591
SANG KIMDIR. COMMUNI
Highest-paid employee
40$146,295$0
MARK TOKOLASECRETARY
Trustee or director, Officer
40$135,630$0
ROSA CHUNGTREASURER
Trustee or director, Officer
40$119,045$0
JOHN WORKDIR. ACADEMI
Highest-paid employee
40$101,922$0
KIM JUNE DONGDIRECTOR
Trustee or director
1.2$0$0
MARK FITZPATRICKDIRECTOR
Trustee or director
1.2$0$0
STEPHEN HAGGARDDIRECTOR
Trustee or director
1.2$0$0
DANNY M LEIPZIGERDIRECTOR
Trustee or director
1.2$0$0
KATY OHDIRECTOR
Trustee or director
1.2$0$0
E YOUNG SONGDIRECTOR
Trustee or director
1.2$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
DORIS K STEPHENSPRESIDENT
Trustee or director, Officer
40$294,310$2,208
MARK TOKOLASECRETARY
Trustee or director, Officer
40$226,795$1,951
TROY STANGARONESENIOR DIREC
Highest-paid employee
40$117,984$0
ROSA CHUNGTREASURER
Trustee or director, Officer
40$104,566$0
WILLIAM BROWNDIRECTOR
Trustee or director
1.2$0$0
KIM JUNE DONGDIRECTOR
Trustee or director
1.2$0$0
MARK FITZPATRICKDIRECTOR
Trustee or director
1.2$0$0
STEPHEN HAGGARDDIRECTOR
Trustee or director
1.2$0$0
DANNY M LEIPZIGERDIRECTOR
Trustee or director
1.2$0$0
KATY OHDIRECTOR
Trustee or director
1.2$0$0
E YOUNG SONGDIRECTOR
Trustee or director
1.2$0$0
SCOTT SNYDERCHIEF EXEC.
Officer
–$0$0

Address and contacts

Address (IRS master file)
1800 K ST NW STE 300, WASHINGTON, DC 20006-2225
Principal officer (990 for 2025)
SCOTT SNYDER, 1800 K STREET NW SUITE 300, WASHINGTON, DC 20006
Signed the 990
SCOTT SNYDER, CHIEF EXEC. OFFICER
Phone
(202) 464-1982
Return prepared by
DELEON & STANG CPAS AND ADVISORS

Mission

THE INSTITUTE WAS FORMED TO HELP AMERICANS UNDERSTAND THE BREADTH AND IMPORTANCE OF OUR RELATIONS WITH THE REPUBLIC OF KOREA. THROUGH ITS PUBLICATIONS, SOCIAL MEDIA, PROGRAMS, AND PUBLIC EVENTS, KEI SEEKS TO ADVANCE THE SCHOLARSHIP AND UNDERSTANDING OF KOREA IN WAYS THAT WILL INFORM POLICY-MAKERS AND THE AMERICAN PUBLIC OF THE SECURITY, ECONOMIC AND POLITICAL IMPLICATIONS OF OUR CONNECTIONS TO THE KOREAN PENINSULA.

990 for the year ended December 31, 2025

Program accomplishments

  • SPONSOR AND ORGANIZE OUTREACH PROGRAMS THAT INFORM UNIVERSITY STUDENTS AND PUBLIC AFFAIRS GROUPS ABOUT KOREA AND THE IMPORTANCE OF THE U.S. - KOREA RELATIONSHIP. IN 2023, KEIA ORGANIZED VARIOUS ACADEMIC AND OUTREACH PROGRAMS THROUGHOUT THE UNITED STATES.
  • SPONSOR AND CO-SPONSOR CONFERENCES, POLICY SEMINARS AND ROUNDTABLE DISCUSSIONS ON TOPICAL ISSUES RELATED TO KOREA OR THE U.S. - KOREA RELATIONSHIP.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1238765
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,139,398
Income (IRS master file)
$2,946,248

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,946,248$3,052,592$7,139,398IRS
990December 2024$3,059,106$3,367,493$7,966,334IRS
990December 2023$3,223,460$3,472,211$8,965,386XML
990December 2022$3,018,908$3,352,154$9,555,889IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 52-1238765).

Questions about KOREA ECONOMIC INSTITUTE OF AMERICA

What is the EIN of KOREA ECONOMIC INSTITUTE OF AMERICA?
The employer identification number (EIN) of KOREA ECONOMIC INSTITUTE OF AMERICA is 52-1238765.
Is KOREA ECONOMIC INSTITUTE OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1999.
Are donations to KOREA ECONOMIC INSTITUTE OF AMERICA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KOREA ECONOMIC INSTITUTE OF AMERICA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KOREA ECONOMIC INSTITUTE OF AMERICA 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 KOREA ECONOMIC INSTITUTE OF AMERICA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of KOREA ECONOMIC INSTITUTE OF AMERICA?
The 990 for the year ended December 31, 2025 names SCOTT SNYDER.
Who are the officers and directors of KOREA ECONOMIC INSTITUTE OF AMERICA?
The 990 for the year ended December 31, 2025 lists 10 people; 3 received compensation from the organization, the highest $250,000 (SCOTT SNYDER, CHIEF EXEC.).
How much revenue does KOREA ECONOMIC INSTITUTE OF AMERICA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,946,248, expenses of $3,052,592 and total assets of $7,139,398 at year end.

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