nonprofit logo

Korean Register Of Shipping Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061296306 ✦ Norwood, NJ ✦ Designated as a 501(c)(6)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Korean Register Of Shipping Inc?

Korean Register of Shipping Inc, located in Norwood, New Jersey, is a nonprofit organization with a primary mission to ensure safety at sea. They accomplish this by establishing and improving safety standards globally, aiming to safeguard both lives and property on the water. Their activities involve conducting thorough inspections and tests on various marine-related articles, equipment, and containers, including those for preventing marine pollution and transporting dangerous goods. With a small team of two dedicated individuals, they work tirelessly to maintain the highest quality standards in maritime safety.

Is Korean Register Of Shipping Inc legitimate?

Korean Register Of Shipping Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Korean Register Of Shipping Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,966

For more financial information, click here

What is the mission statement of Korean Register Of Shipping Inc?

The Korean Register of Shipping Inc's mission is centered around promoting safety at sea. They strive to establish and enhance safety standards globally, aiming to safeguard both human lives and property. The organization works towards improving existing safety norms, organizing them on a global scale, and conducting comprehensive inspections and tests on various marine-related articles and equipment to ensure their highest quality.

Who is the CEO of Korean Register Of Shipping Inc?

Yangil Kim is the Employee of Korean Register Of Shipping Inc.

What is the revenue of Korean Register Of Shipping Inc?

Korean Register Of Shipping Inc's revenue in 2022 was $361,000.

Who are the executives of Korean Register Of Shipping Inc and what are their salaries?

The average compensation at Korean Register Of Shipping Inc during 2022 was $87,483. There are 2 employees at Korean Register Of Shipping Inc.


Here are 2 key members and their salaries:


Paul D Thorne (Employee)
  • Compensation: $114,966
  • Related: $0
  • Other: $0
Yangil Kim (President)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Korean Register Of Shipping Inc?

Korean Register Of Shipping Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Korean Register Of Shipping Inc

Korean Register of Shipping Inc, as a leading organization, is dedicated to enhancing the safety of life and property at sea. To achieve this goal, they set and improve global standards of safety, overseeing various aspects such as the quality of ships' articles, equipment for marine pollution prevention, and containers of dangerous goods. Their mission is twofold: firstly, they aim to promote safety by setting forth guidelines, and secondly, they work to improve existing standards on a global scale. This organization plays a crucial role in ensuring the safety of maritime travel, contributing to the protection of both lives and valuable property at sea.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Korean Register Of Shipping Inc significantly contributes to maritime safety and environmental protection by establishing and enhancing safety standards for ships and marine operations. By conducting comprehensive inspections and tests on various ship components, including equipment for marine pollution prevention and the handling of dangerous goods, it ensures that vessels adhere to high-quality standards. This diligent oversight helps prevent accidents, protect life at sea, and mitigate environmental risks associated with maritime activities. Their global engagement in setting and organizing safety standards fosters a safer maritime industry, ultimately benefiting both maritime operators and the communities they serve.




This information is meant to be a general summary of Korean Register Of Shipping Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$361,000 (2022)
Expenses
$360,481 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $361,000

Assets and Liabilities:

  • Total Assets: $61,524
  • Total Liabilities: $4,863
  • Net Assets: $56,661

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1990

Principal Officer

Yangil Kim

Main Address

51 BURLINGTON STREET, NORWOOD, NJ, 07648

NTEE Category

Code: M99Z - Public safety

If you are a representative of Korean Register Of Shipping Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.