Nonprofit · EIN 95-4754419
KOREATOWN ORGANIZATIONS ASSOCIATION INC
Tax-exempt · LOS ANGELES, CA 90010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,255,860 | $1,063,943 | $191,917 | $5,910,163 | $3,409,893 | $2,500,270 |
| December 31, 2024 | 990 | $1,258,943 | $992,108 | $266,835 | $5,787,265 | $3,478,911 | $2,308,354 |
| December 31, 2023 | 990 | $1,150,541 | $1,049,004 | $101,537 | $5,592,747 | $3,551,228 | $2,041,519 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,233,914
- Investment income
- $21,946
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,251
- Depreciation
- $63,603
- Program services (functional)
- $1,063,943
Balance sheet and other
- Total assets, start of year
- $5,787,265
- Total assets, end of year
- $5,910,163
- Total liabilities, end of year
- $3,409,893
- Net assets, end of year
- $2,500,270
- Land, buildings and equipment
- $4,285,060
- Net assets without donor restrictions
- $2,500,270
- Gross receipts
- $1,255,860
- Employees
- 0
- Year formed
- 1998
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOON BANG | DIRECTOR Trustee or director | – | $0 |
| PAUL KIM | PRESIDENT Trustee or director, Officer | – | $0 |
| ERIN PAK | DIRECTOR Trustee or director | – | $0 |
| EUNICE SONG | SECRETARY Trustee or director | – | $0 |
| SHINAE YOON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOON BANG | DIRECTOR Trustee or director | – | $0 |
| CONNIE CHUNG JOE | SECRETARY Trustee or director | – | $0 |
| PAUL KIM | PRESIDENT Trustee or director, Officer | – | $0 |
| ERIN PAK | DIRECTOR Trustee or director | – | $0 |
| SHINAE YOON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOON BANG | DIRECTOR Trustee or director | – | $0 |
| CONNIE CHUNG JOE | SECRETARY Trustee or director | – | $0 |
| PAUL KIM | PRESIDENT Trustee or director, Officer | – | $0 |
| ERIN PAK | DIRECTOR Trustee or director | – | $0 |
| SHINAE YOON | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 3055 WILSHIRE BLVD STE 710, LOS ANGELES, CA 90010-1133
- Principal officer (990 for 2025)
- PAUL KIM, 3727 W 6TH ST SUITE 408, LOS ANGELES, CA 90020
- Signed the 990
- PAUL KIM, PRESIDENT
- Phone
- (213) 383-1310
- Return prepared by
- KIM & LEE LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4754419 or by the name KOREATOWN ORGANIZATIONS ASSOCIATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
MAINTAIN CULTURAL, CIVIC, COMMUNITY SERVICE CENTER IN KOREATOWN TO SERVE KOREATOWN-BASED COMMUNITY ORGANIZATIONS
Program accomplishments
- MAINTAIN A BUILDING FOR THE USE OF KOREATOWN-BASED COMMUNITY ORGANIZATIONSExpenses $1,063,943 · revenue $1,233,914
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 | 990 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
- 95-4754419
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $5,910,163
- Income (IRS master file)
- $1,255,860
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,255,860 | $1,063,943 | $5,910,163 | IRS |
| 990 | December 2024 | $1,258,943 | $992,108 | $5,787,265 | XML |
| 990 | December 2023 | $1,150,541 | $1,049,004 | $5,592,747 | XML |
| 990 | December 2022 | $1,124,159 | $944,747 | $5,559,596 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 95-4754419).
Questions about KOREATOWN ORGANIZATIONS ASSOCIATION INC
- What is the EIN of KOREATOWN ORGANIZATIONS ASSOCIATION INC?
- The employer identification number (EIN) of KOREATOWN ORGANIZATIONS ASSOCIATION INC is 95-4754419.
- Is KOREATOWN ORGANIZATIONS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to KOREATOWN ORGANIZATIONS ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOREATOWN ORGANIZATIONS ASSOCIATION INC 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 KOREATOWN ORGANIZATIONS ASSOCIATION 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 KOREATOWN ORGANIZATIONS ASSOCIATION INC 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 KOREATOWN ORGANIZATIONS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names PAUL KIM.
- Who are the officers and directors of KOREATOWN ORGANIZATIONS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does KOREATOWN ORGANIZATIONS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,255,860, expenses of $1,063,943 and total assets of $5,910,163 at year end.
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