Overview
What is Korean Community Development Services Center?
The Korean Community Development Services Center (KCDSC) is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to support the personal growth and community development of its members, predominantly comprising newly arrived immigrants, refugees, and low-income populations. As a one-stop center, KCDSC offers various free or affordable services, including childcare, after-school tutoring, social services for the elderly, housing counseling, housing development, business corridor revitalization, and legal and immigration assistance. In addition, the organization provides an extended daycare program and a preschool for children from immigrant and low-income families. With a team of 27 dedicated employees, KCDSC plays a crucial role in uplifting its community.
Official website here: www.koreancenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Korean Community Development Services Center has achieved a notable Four-Star rating on Charity Navigator, reflecting its strong performance in Accountability and Finance. The charity's overall score is derived entirely from its accountability measures, which have earned a high score of 96%. This indicates a high level of transparency and stewardship of funds, ensuring that donations are used effectively to support the organization's mission.
Strengths of the organization include its independent governance structure, with 85% of board members being independent and a balanced board size of six independent members. Additionally, the charity has received perfect scores in various accountability metrics, such as the presence of an audit and oversight committee and a comprehensive conflict of interest policy. The strong program expense ratio of 86.78% further illustrates that the majority of funds are directed towards its programs rather than administrative costs.
While the organization demonstrates significant strengths in transparency and financial management, there are no noted limitations in the available data. This positive assessment positions the Korean Community Development Services Center as a reliable and effective nonprofit focused on community development services.
This AI summary has been generated from information found on Charity Navigator.
Is Korean Community Development Services Center legitimate?
Korean Community Development Services Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean Community Development Services Center 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: $480,993
For more financial information, click here
Official website here: www.koreancenter.org
What is the mission statement of Korean Community Development Services Center?
The Korean Community Development Services Center (KCDSC) is committed to assisting its community members in achieving personal growth and fostering community development. As a one-stop center, KCDSC caters to the needs of newly-arrived immigrants and refugees, as well as other low-income and minority groups. The center offers a variety of free or low-cost services, including childcare, after-school tutoring, social services for the elderly, housing counseling, housing development, business corridor revitalization, and legal and immigration assistance. By providing these services, KCDSC aims to support and empower its community members in their personal and collective growth.
Official website here: www.koreancenter.org
Who is the CEO of Korean Community Development Services Center?
Dr Jin Yu is the President/Executive Director of Korean Community Development Services Center.
Official website here: www.koreancenter.org
What is the revenue of Korean Community Development Services Center?
Korean Community Development Services Center's revenue in 2022 was $1,940,181.
Official website here: www.koreancenter.org
Who are the executives of Korean Community Development Services Center and what are their salaries?
The average compensation at Korean Community Development Services Center during 2022 was $17,815. There are 27 employees and 8 volunteers at Korean Community Development Services Center.
Here are 7 key members and their salaries:
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.koreancenter.org
Where can I find the form 990 for Korean Community Development Services Center?
Korean Community Development Services Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.koreancenter.org
Learn more at the official website: www.koreancenter.org
Mission Statement of Korean Community Development Services Center
The Korean Community Development Services Center (KCDSC) is committed to supporting its community members in their personal growth and community advancement. To achieve this goal, KCDSC operates as a one-stop center, catering to the needs of various low-income and minority groups, including newly-arrived immigrants and refugees. The center provides a diverse range of free or low-cost services to these community members. Some of these services include childcare, after-school tutoring, social services for the elderly, housing counseling, housing development, business corridor revitalization, and legal and immigration assistance. By offering this array of supportive services, KCDSC aims to empower its community members and contribute to their overall well-being.
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
The Korean Community Development Services Center (KCDSC) plays a vital role in enhancing the well-being of its community members, particularly newly-arrived immigrants, refugees, and low-income families in Philadelphia. By operating as a one-stop center, KCDSC provides essential support services aimed at fostering personal growth and community development.
Their daycare and preschool programs ensure that children of immigrant families receive quality care and early education, which is crucial for the development of young minds. KCDSC extends its impact through after-school tutoring, helping children excel academically while providing working parents with peace of mind.
Additionally, the center offers vital social services for the elderly, housing counseling, and assistance with housing development, which are instrumental in improving living conditions and ensuring stability within the community. KCDSC also actively engages in business corridor revitalization, fostering economic growth and opportunities for local entrepreneurs.
Legal and immigration assistance is another critical aspect of KCDSC’s services, helping individuals navigate complex legal landscapes to secure their rights and residency. Collectively, these programs not only address immediate needs but also contribute to the long-term growth and integration of diverse community members into the fabric of Philadelphia.
This information is meant to be a general summary of Korean Community Development Services Center. 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 2022.
- Investment Income: $354
- Program Service Revenue: $1,749,283
- Gross Receipts: $1,940,181
Assets and Liabilities:
- Total Assets: $5,298,112
- Total Liabilities: $237,878
- Net Assets: $5,060,234
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE INCOME
Revenue
$1,223,009
RENTAL INCOME
Revenue
$526,274
Organization Details
Founding Year
1984
Phone
(215) 276-8830Principal Officer
Dr Jin Yu
Main Address
6055 NORTH FIFTH STREET, PHILADELPHIA, PA, 19120
Website
www.koreancenter.orgNTEE Category
Code: P84 - Human services
If you are a representative of Korean Community Development Services Center 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.