Overview
What is Korean-American Senior Citizens Association Inc?
The Korean-American Senior Citizens Association Inc is a nonprofit organization committed to assisting senior immigrants in adjusting to life in the USA. They provide valuable adult education services, including English as a second language classes and citizenship education, to their 336 members for a total of 1,556 hours. Beyond education, they honor special occasions with memorial services and organize group tours to historical, cultural, and educational sites for 360 members, fostering a sense of community and preserving heritage.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating (73%)
The Korean-American Senior Citizens Association Inc has received a two-star rating from Charity Navigator, indicating that it could enhance its accountability and financial transparency. The organization's overall score of 73% reflects some strengths, such as having a fully independent board and a commendable program expense ratio of 91.57%, which suggests a strong commitment to its mission.
However, the nonprofit faces several significant limitations, especially in governance practices. It lacks key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have all contributed to its lower accountability score. Moreover, the association’s website is not listed on its tax form, and other required documents are missing from its online presence, which may hinder public trust.
Overall, while the Korean-American Senior Citizens Association Inc demonstrates effective program spending and board independence, addressing its governance deficiencies is crucial for improving its rating and enhancing stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Korean-American Senior Citizens Association Inc legitimate?
Korean-American Senior Citizens Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean-American Senior Citizens 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: $0
For more financial information, click here
What is the mission statement of Korean-American Senior Citizens Association Inc?
The Korean-American Senior Citizens Association is a non-profit organization committed to aiding senior immigrants in adjusting to life in the USA. Their mission includes offering adult education services, such as English as a second language classes and citizenship education, to their 336 members for an accumulated total of 1,556 hours. Additionally, they honor special occasions by organizing memorial services and arrange group tours to historical, cultural, and educational sites for a community of 360 members. Overall, the association serves to facilitate the settlement process for senior immigrants in the USA.
Who is the CEO of Korean-American Senior Citizens Association Inc?
Kwang W Lee is the Vice Preside of Korean-American Senior Citizens Association Inc.
What is the revenue of Korean-American Senior Citizens Association Inc?
Korean-American Senior Citizens Association Inc's revenue in 2022 was $160,163.
Who are the executives of Korean-American Senior Citizens Association Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Korean-American Senior Citizens Association Inc?
Korean-American Senior Citizens Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Korean-American Senior Citizens Association Inc
The Korean-American Senior Citizens Association is a non-profit organization dedicated to assisting senior individuals in their transition to life in the USA. Their primary mission is to provide adult education services, catering to the needs of their 336 members. This encompasses English as a second language classes and citizenship education, which are offered for a total of 1,556 hours. Furthermore, the organization demonstrates its commitment to commemorating special days by holding memorial services. Additionally, they organize group tours to historical, cultural, and educational sites, benefiting 360 of their members.
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Impact
October, 2024
The Korean-American Senior Citizens Association Inc significantly enhances the lives of seniors, facilitating their transition and integration into American society. By offering essential adult education services, such as English as a second language and citizenship education, the organization empowers its 336 members to navigate daily challenges more confidently, amassing a total of 1,556 hours of educational support.
Additionally, the association fosters community and cultural connection by organizing memorial services for significant occasions and providing enriching group tours to historical, cultural, and educational sites for 360 members. This not only helps seniors bond with one another but also deepens their understanding of their new environment, promoting a sense of belonging and identity. Through these initiatives, the association plays a crucial role in supporting the well-being and integration of Korean-American seniors in Rockville, MD.
This information is meant to be a general summary of Korean-American Senior Citizens 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 2022.
- Investment Income: $10
- Program Service Revenue: $129,523
- Gross Receipts: $160,163
Assets and Liabilities:
- Total Assets: $193,257
- Total Liabilities: $0
- Net Assets: $193,257
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LUNCH FOR SENIORS
Revenue
$73,778
GROUP TOUR & MEMORIAL SVSC
Revenue
$29,805
EDUCATION
Revenue
$25,940
Organization Details
Founding Year
1989
Phone
(301) 438-7304Principal Officer
Kwang W Lee
Main Address
4401 MUNCASTER MILL RD, ROCKVILLE, MD, 20853
NTEE Category
Code: P81Z - Human services
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