Korean-American Foundation Of New Jersey Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832690655 ✦ Palisades park, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Korean-American Foundation Of New Jersey Inc?

The Korean-American Foundation of New Jersey Inc is a nonprofit organization devoted to preserving and nurturing Korean cultural beliefs, values, and philosophies. Actively engaging in the development of future Korean-American leaders in New Jersey is a primary goal. To achieve this, they have initiated a program centered around constructing and maintaining a community center in Palisades Park, NJ. This center aims to provide a platform for fostering these ideals and nurturing young leaders within the community.

Is Korean-American Foundation Of New Jersey Inc legitimate?

Korean-American Foundation Of New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean-American Foundation Of New Jersey Inc submitted a form 990EZ, 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.

What is the mission statement of Korean-American Foundation Of New Jersey Inc?

The Korean-American Foundation of New Jersey's mission is centered around nurturing and advocating for the Korean beliefs, values, and philosophies. The organization is dedicated to cultivating leadership potential among the upcoming Korean-American generations. A significant part of their mission involves actively engaging in the development of these talents. They further their objectives by establishing and maintaining a community center. This center serves as a hub for fostering Korean culture and traditions, thereby contributing to the overall growth and integration of the Korean-American community.

Who is the CEO of Korean-American Foundation Of New Jersey Inc?

Elynn Kim is the President of Korean-American Foundation Of New Jersey Inc.

What is the revenue of Korean-American Foundation Of New Jersey Inc?

Korean-American Foundation Of New Jersey Inc's revenue in 2022 was $11,400.

Who are the executives of Korean-American Foundation Of New Jersey Inc and what are their salaries?


Here are 3 key members and their salaries:


Andy Kim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elynn Kim (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay J Kim (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Korean-American Foundation Of New Jersey Inc?

Korean-American Foundation Of New Jersey Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Korean-American Foundation Of New Jersey Inc

The Korean-American Foundation of New Jersey plays a significant role in fostering and promoting Korean beliefs, values, and philosophies. This organization is dedicated to nurturing the leadership talents of the upcoming Korean-American generation in New Jersey. One of their primary initiatives is the development and maintenance of a community center in Palisades Park, New Jersey. This center serves as a hub for the Korean-American community, providing a platform for the preservation and cultivation of their unique cultural heritage. The Korean-American Foundation of New Jersey is actively involved in the development of future leaders, ensuring that the rich Korean traditions and values are passed down to the next generation.

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Impact




August, 2024

The Korean-American Foundation Of New Jersey Inc plays a crucial role in fostering and promoting Korean beliefs, values, and philosophies. By actively participating in the development of leadership talents among the next Korean-American generations in New Jersey, the organization is contributing to the preservation and growth of Korean culture within the community. Their commitment to building and maintaining a community center in Palisades Park, NJ, demonstrates their dedication to creating a space where cultural heritage can be celebrated and shared. Through these efforts, the foundation is making a positive impact on the Korean-American community in New Jersey.




This information is meant to be a general summary of Korean-American Foundation Of New Jersey 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.

Revenue
$11,400 (2022)
Expenses
$331 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $11,400

Assets and Liabilities:

  • Total Assets: $38,774
  • Total Liabilities: $0
  • Net Assets: $38,774

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Organization Details

Principal Officer

Elynn Kim

Main Address

320 E CENTRAL BLVD, PALISADES PARK, NJ, 07650

NTEE Category

Code: A23 - Arts

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