Nonprofit · EIN 52-1569630
KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND
Tax-exempt · SILVER SPRING, MD 20901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,584,983 | $1,730,130 | -$145,147 | $11,025,134 | $8,926,144 | $2,098,990 |
| December 31, 2023 | 990 | $1,480,064 | $1,616,409 | -$136,345 | $11,325,448 | $9,081,311 | $2,244,137 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,552,385
- Investment income
- $299
- Net rental income
- $30,904
- Other revenue
- $32,299
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $236,721
- Salaries, compensation and benefits (total)
- $308,227
- Professional fundraising fees
- $0
- Depreciation
- $402,514
- Program services (functional)
- $1,624,121
- Management and general (functional)
- $106,009
Balance sheet and other
- Total assets, start of year
- $11,325,448
- Total assets, end of year
- $11,025,134
- Total liabilities, end of year
- $8,926,144
- Net assets, end of year
- $2,098,990
- Land, buildings and equipment
- $10,348,007
- Net assets without donor restrictions
- $2,098,990
- Gross receipts
- $1,584,983
- Employees
- 5
- Year formed
- 1987
- State of legal domicile
- MD
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY PARK | Secretary Trustee or director, Officer | 1 | $0 |
| TIMOTHY HYON | Director Trustee or director | 1 | $0 |
| SUE KANG | Treasurer Trustee or director, Officer | 1 | $0 |
| ELIZABETH SANGHEE KIM | Director Trustee or director | 1 | $0 |
| STEPHEN YUNG | Director Trustee or director | 1 | $0 |
| GINA KIM AHN | Vice President Trustee or director, Officer | 1 | $0 |
| TONY CHOE | Director Trustee or director | 1 | $0 |
| HAROLD PYON | Director Trustee or director | 1 | $0 |
| PHILLIP S CHO | Director Trustee or director | 1 | $0 |
| DAVID LEE | Director Trustee or director | 1 | $0 |
| PETER W RIM | President Trustee or director, Officer | 1 | $0 |
| SU JIN YON | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY PARK | Director Trustee or director | 1 | $0 |
| TIMOTHY HYON | Director Trustee or director | 1 | $0 |
| SUE KANG | Director Trustee or director | 1 | $0 |
| ELIZABETH SANGHEE KIM | Director Trustee or director, Officer | 1 | $0 |
| HAROLD PYON | Director Trustee or director | 1 | $0 |
| PHILLIP S CHO | Treasurer Trustee or director, Officer | 1 | $0 |
| DAVID LEE | Director Trustee or director | 1 | $0 |
| PETER W RIM | President Trustee or director, Officer | 1 | $0 |
| STEPHEN YUNG | Director Officer | 1 | $0 |
| GINA KIM AHN | Director Officer | 1 | $0 |
| TONE CHOE | Director Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 440 UNIVERSITY BOULEVARD EAST, SILVER SPRING, MD 20901-3665
- Principal officer (990 for 2024)
- PETER W RIM, 440 University Boulevard East, Silver Spring, MD 20901
- Signed the 990
- PETER W RIM, President
- Phone
- (301) 445-5540
- Website
- www.ugkcshc.com
- Return prepared by
- DUNHAM AUKAMP & RHODES PLC
Mission
TO PROVIDE ADEQUATE AND AFFORDABLE HOUSING TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF ELDERLY AND HANDICAPPED INDIVIDUALS
Program accomplishments
- PROVIDING ADEQUATE HOUSING FOR THE ELDERLY AND PERSONS WITH MOBILITY, HEARING AND VISUAL IMPAIRMENTS BY OFFERING 91 RENTAL UNITS TO ELIGIBLE INDIVIDUALS.Expenses $1,624,121
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1569630
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $11,025,134
- Income (IRS master file)
- $1,584,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,584,983 | $1,730,130 | $11,025,134 | XML |
| 990 | December 2023 | $1,480,064 | $1,616,409 | $11,325,448 | XML |
| 990 | December 2022 | $1,163,787 | $1,670,039 | $12,670,451 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 52-1569630).
Questions about KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND
- What is the EIN of KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND?
- The employer identification number (EIN) of KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND is 52-1569630.
- Is KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND 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 KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND?
- The 990 for the year ended December 31, 2024 names PETER W RIM.
- Who are the officers and directors of KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does KOREAN COMMUNITY SENIOR HOUSING CORP OF MARYLAND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,584,983, expenses of $1,730,130 and total assets of $11,025,134 at year end.
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