Korean Apparel Manufacturers Association Inc

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

EIN: 954276029 ✦ Los angeles, CA ✦ Designated as a 501(c)(6)

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Overview

What is Korean Apparel Manufacturers Association Inc?

The Korean Apparel Manufacturers Association Inc, located in Los Angeles, California, serves as a mutual benefit association for its members within the Korean garment wholesale industry. Their primary mission is to educate and enlighten this specific sector through various means, including lectures, seminars, and charitable works. By engaging in these activities, the association aims to contribute positively to the industry and its members.

Is Korean Apparel Manufacturers Association Inc legitimate?

Korean Apparel Manufacturers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Korean Apparel Manufacturers 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 Apparel Manufacturers Association Inc?

The Korean Apparel Manufacturers Association Inc is committed to enlightening and educating the Korean garment wholesale industry. They achieve this goal through various means such as lectures, seminars, and charitable works. The organization's activities are geared towards the mutual benefit of its members and other domestic organizations. Their mission is to contribute to the growth and development of the garment industry by sharing knowledge and resources. The Association also engages in charitable works, demonstrating their commitment to giving back to the community.

Who is the CEO of Korean Apparel Manufacturers Association Inc?

Richard Cho is the Cfo of Korean Apparel Manufacturers Association Inc.

What is the revenue of Korean Apparel Manufacturers Association Inc?

Korean Apparel Manufacturers Association Inc's revenue in 2022 was $116,053.

Who are the executives of Korean Apparel Manufacturers Association Inc and what are their salaries?


Here are 3 key members and their salaries:


Young Gi Chang (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Young Gi Chang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Cho (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Korean Apparel Manufacturers Association Inc?

Korean Apparel Manufacturers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Korean Apparel Manufacturers Association Inc

The Korean Apparel Manufacturers Association Inc, in its mission, focuses on enlightening and educating the Korean garment wholesale industry. They accomplish this through various means, including lectures, seminars, and charitable works. By engaging in these activities, the association aims to benefit its members and other domestic organizations within the industry. The organization's mission is centered around fostering growth and knowledge within the Korean garment wholesale sector, ultimately contributing to its overall development.

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Impact




October, 2024

The Korean Apparel Manufacturers Association Inc significantly impacts the Korean garment wholesale industry by providing education and resources aimed at enhancing industry knowledge and practices. Through lectures and seminars, it equips members and stakeholders with vital insights into market trends, manufacturing techniques, and best business practices.

Additionally, its mutual benefit program fosters collaboration among members, strengthening the network within the industry and enhancing collective bargaining power. Assistance offered to other domestic organizations further amplifies its reach, contributing to community improvement by promoting economic stability and growth in the garment sector. By focusing on enlightenment and support, the association plays a crucial role in advancing the professionalism and competitiveness of the Korean apparel industry in Los Angeles, CA, and beyond.




This information is meant to be a general summary of Korean Apparel Manufacturers 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.

Revenue
$116,053 (2022)
Expenses
$122,990 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20
  • Program Service Revenue: $36,848
  • Gross Receipts: $116,053

Assets and Liabilities:

  • Total Assets: $4,390
  • Total Liabilities: $0
  • Net Assets: $4,390

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

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Revenue

$3,108

COVID TEST SERVICE

Revenue

$33,740

Organization Details

Founding Year

1989

Principal Officer

Richard Cho

Main Address

1458 S SAN PEDRO ST STE L60, Los Angeles, CA, 90015

NTEE Category

Code: S41 - Community improvement

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