Overview
What is Korean-American Senior Mutual Association Inc?
The Korean-American Senior Mutual Association Inc, located at 35-06 Leavitt Street, Flushing, New York 11354, is a nonprofit organization committed to offering burial benefits and assistance, as well as engaging in community service. They have assisted 253 families with funeral expenses, a testament to their mission to support the community during challenging times. With a team of five dedicated individuals, this organization strives to provide essential support and aid to its members, contributing positively to the local community.
Is Korean-American Senior Mutual Association Inc legitimate?
Korean-American Senior Mutual Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean-American Senior Mutual Association 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: $155,270
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What is the mission statement of Korean-American Senior Mutual Association Inc?
The Korean-American Senior Mutual Association Inc's mission is centered around providing support, specifically in the form of burial benefits and assistance, to its community members. This organization also engages in community service. Through their Burial Benefits Program, they partially cover funeral expenses for the deceased, extending aid to 253 families.
Who is the CEO of Korean-American Senior Mutual Association Inc?
Kwang S Bae is the President of Korean-American Senior Mutual Association Inc.
What is the revenue of Korean-American Senior Mutual Association Inc?
Korean-American Senior Mutual Association Inc's revenue in 2020 was $4,226,074.
Who are the executives of Korean-American Senior Mutual Association Inc and what are their salaries?
The average compensation at Korean-American Senior Mutual Association Inc during 2020 was $31,054. There are 5 employees and 10 volunteers at Korean-American Senior Mutual Association Inc.
Here are 6 key members and their salaries:
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- Other: $0
Where can I find the form 990 for Korean-American Senior Mutual Association Inc?
Korean-American Senior Mutual Association Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Korean-American Senior Mutual Association Inc
The Korean-American Senior Mutual Association Inc is an organization committed to providing support in three key areas. Its primary mission is to offer burial benefits and assistance to families in need upon the demise of their loved ones. By paying a portion of the funeral expenses, the association alleviates some of the financial burden during this challenging time. In the 2022 period, this service was extended to 253 families, demonstrating the association's dedication to its community.
Beyond its burial benefits program, Korean-American Senior Mutual Association Inc also engages in community service. While specific details about these activities are not provided, it can be inferred that the association recognizes the importance of contributing to its community beyond direct financial aid. By focusing on both burial benefits and community service, the Korean-American Senior Mutual Association Inc aims to provide holistic support to its members and the wider Korean-American senior community.
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Impact
October, 2024
Korean-American Senior Mutual Association Inc significantly impacts the community by offering essential burial benefits and assistance, which is crucial for families during times of loss. The organization has provided financial support for funeral expenses to 253 families, alleviating some of the emotional and financial burdens associated with bereavement. By focusing on this aspect of human services, the association fosters a sense of community and support among its members, ensuring that families are not left to navigate these challenges alone. The commitment to community service strengthens social ties and promotes a caring environment, especially for seniors, making it a vital resource in Flushing, NY.
This information is meant to be a general summary of Korean-American Senior Mutual Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $4,394
- Gross Receipts: $4,226,074
Assets and Liabilities:
- Total Assets: $1,826,883
- Total Liabilities: $10,318
- Net Assets: $1,816,565
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Organization Details
Founding Year
1996
Phone
(718) 762-3515Principal Officer
Kwang S Bae
Main Address
35-06 LEAVITT STREET, FLUSHING, NY, 11354
NTEE Category
Code: P81Z - Human services
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