Overview
What is Busan Trade Office La Inc?
Busan Trade Office LA Inc, a nonprofit organization based in Los Angeles, California, primarily focuses on promoting trade relations between the City of Busan in South Korea and the United States. They achieve this objective by offering free consulting services in legal and business affairs, thus fostering a conducive environment for mutual growth and collaboration between the two entities. With a team of four dedicated individuals, they provide valuable information to both parties, helping to strengthen the trade ties between Busan and the USA.
Is Busan Trade Office La Inc legitimate?
Busan Trade Office La Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Busan Trade Office La 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: $18,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,046
For more financial information, click here
What is the mission statement of Busan Trade Office La Inc?
The mission of Busan Trade Office La Inc is to foster trade connections between the United States and the city of Busan, South Korea, by offering free legal and business consultation services. This organization aims to promote mutual understanding and cooperation between the two entities, providing valuable information to both parties. By offering these services freely, Busan Trade Office La Inc seeks to facilitate and encourage commercial exchanges between the USA and Busan, ultimately benefiting both economies.
Who is the CEO of Busan Trade Office La Inc?
Eunyoung Ju is the CEO of Busan Trade Office La Inc The CEO's salary of Busan Trade Office La Inc is $0 and their total compensation is $0.
What is the revenue of Busan Trade Office La Inc?
Busan Trade Office La Inc's revenue in 2023 was $309,689.
Who are the executives of Busan Trade Office La Inc and what are their salaries?
The average compensation at Busan Trade Office La Inc during 2023 was $36,509. There are 4 employees at Busan Trade Office La Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Busan Trade Office La Inc?
Busan Trade Office La Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Busan Trade Office La Inc
Busan Trade Office La Inc, a renowned organization, is committed to fostering trade relations between the city of Busan and the United States. They achieve this goal by offering free consulting services in the areas of legal and business affairs. The organization's mission is to serve as a bridge, providing valuable information and guidance to both American and Busan South Korea businesses. By doing so, they aim to facilitate a smoother and more successful exchange of goods and services between the two entities. Through their consulting services, Busan Trade Office La Inc plays a significant role in promoting mutual understanding and cooperation between the two nations, ultimately contributing to a stronger and more interconnected global economy.
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Impact
October, 2024
Busan Trade Office La Inc plays a crucial role in fostering economic relationships between Busan, South Korea, and the United States. By providing free consulting services on legal and business matters, it effectively lowers barriers for businesses in both regions to engage in trade. This support can lead to increased export and import opportunities, enhancing market access and promoting cross-border collaborations.
The office offers vital resources and information that help U.S. businesses navigate the complexities of trading with South Korea, while simultaneously assisting Busan-based companies in understanding the U.S. market. By facilitating these connections, Busan Trade Office La Inc contributes to the growth of both the Los Angeles and Busan economies, encouraging cultural exchange and investment opportunities.
Overall, the impact of the Busan Trade Office La Inc extends beyond just trade facilitation; it serves as a bridge that strengthens bilateral relations, promotes mutual understanding, and supports local enterprises in capitalizing on international markets.
This information is meant to be a general summary of Busan Trade Office La 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 2023.
- Investment Income: $21
- Gross Receipts: $309,689
Assets and Liabilities:
- Total Assets: $74,711
- Total Liabilities: $34,903
- Net Assets: $39,808
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Organization Details
Founding Year
2013
Principal Officer
Eunyoung Ju
NTEE Category
Code: Z99 - Unknown
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