Overview
What is New Jersey Korean American Mutual Aid Association Inc?
New Jersey Korean American Mutual Aid Association Inc is a nonprofit organization situated in Palisades Park, New Jersey. Their primary mission is to offer assistance to individuals experiencing financial hardships. In line with their charitable objectives, they provide financial aid to the families of their members upon their or their family members' demise. Additionally, they cover funeral expenses for impoverished individuals without a family at the time of their passing. Moreover, the association encourages its members to engage in community activities, often focusing on initiatives that benefit the elderly. With a dedicated team of three employees, this organization plays a significant role in supporting its community during times of financial distress.
Is New Jersey Korean American Mutual Aid Association Inc legitimate?
New Jersey Korean American Mutual Aid Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Korean American Mutual Aid 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.
Here are some key statistics you may want to consider:
Executive Compensation: $56,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of New Jersey Korean American Mutual Aid Association Inc
The New Jersey Korean American Mutual Aid Association Inc is committed to assisting individuals who have experienced financial hardships. As part of their charitable purposes, this organization provides financial support to the family members of an individual who has passed away. Furthermore, they offer funding for funeral services for individuals who were impoverished and lacked a family at the time of their death. Beyond offering financial aid, New Jersey Korean American Mutual Aid Association Inc also engages in promotional activities aimed at fostering charitable acts within their membership and the wider community.
Impact
This information is meant to be a general summary of New Jersey Korean American Mutual Aid Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
New Jersey Korean American Mutual Aid Association Inc has a significant impact on the community by providing vital support to individuals facing financial difficulties. They offer financial assistance to families dealing with economic distress following the passing of a member and also provide funding for funeral services for those in need. Additionally, they actively engage their members in charitable activities that benefit seniors and promote community welfare. Their focus on human services underscores their commitment to helping those in need and fostering a sense of solidarity within their community.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2016
Phone
(201) 945-2411
Principal Officer
Keun H Suh
Main Address
438 BROAD AVENUE UNIT 3, PALISADES PARK, NJ, 07650
NTEE Category
Code: P20 - Human services
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