The Korean American Nail Salon Assoc Inc

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

EIN: 113212678 ✦ Flushing, NY ✦ Designated as a 501(c)(6)

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Overview

What is The Korean American Nail Salon Assoc Inc?

The Korean American Nail Salon Assoc Inc, based in Flushing, New York, serves as a resource for nail salon businesses. Situated at 163-07 Depot Rd 202, this nonprofit organization's primary mission is to support and enhance the nail specialty business. It provides essential guidance and answers to members' queries regarding government regulations related to the nail salon industry. The association's purpose is to contribute positively to the growth and success of its members, ensuring they stay informed and compliant with the necessary rules and regulations.

Is The Korean American Nail Salon Assoc Inc legitimate?

The Korean American Nail Salon Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Korean American Nail Salon Assoc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Korean American Nail Salon Assoc Inc?

The Korean American Nail Salon Assoc Inc's mission is centered around serving its members to enhance their nail specialty business. This organization acts as a resource, providing answers to members' inquiries regarding government rules and regulations related to nail salon operations. By doing so, it aims to support and empower its members in navigating the regulatory landscape of their business. The association's mission is essentially to contribute to the success and growth of the nail salon industry within its community.

What is the revenue of The Korean American Nail Salon Assoc Inc?

The Korean American Nail Salon Assoc Inc's revenue in 2023 was $22,283.

Who are the executives of The Korean American Nail Salon Assoc Inc and what are their salaries?

There is 1 key member and their salary:


Sang Ho Lee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Korean American Nail Salon Assoc Inc?

The Korean American Nail Salon Assoc Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Korean American Nail Salon Assoc Inc

The Korean American Nail Salon Association, Inc., is committed to serving its members by enhancing their nail specialty business. Their mission is centered around addressing inquiries regarding government rules and regulations related to nail salon operations. By doing so, they aim to support their members in navigating the regulatory landscape, thereby fostering a thriving and compliant nail salon industry.

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Impact




October, 2024

The Korean American Nail Salon Association Inc significantly impacts the nail salon industry by providing essential support and resources to its members. By addressing inquiries related to government rules and regulations, the association ensures that nail salon owners and employees are well-informed about compliance requirements, which is crucial for maintaining standards and preventing potential legal issues.

This organization plays a vital role in enhancing the nail specialty business through advocacy, facilitating professional growth, and fostering a sense of community among salon owners. By promoting awareness of best practices and helping members navigate the complexities of the industry, it contributes to the overall improvement of service standards within nail salons. Its efforts not only benefit the members but also elevate the customer experience, ultimately leading to a thriving nail salon community in Flushing, NY, and beyond.




This information is meant to be a general summary of The Korean American Nail Salon Assoc 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
$22,283 (2023)
Expenses
$30,813 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $22,283

Assets and Liabilities:

  • Total Assets: $17,857
  • Total Liabilities: $0
  • Net Assets: $17,857

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Organization Details

Founding Year

1992

Principal Officer

Sang Ho Lee

NTEE Category

Code: S80 - Community improvement

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