National Korean American Service And Education Consortium Inc

Organization Overview

National Korean American Service And Education Consortium Inc is located in Chicago, IL. The organization was established in 1996. According to its NTEE Classification (R30) the organization is classified as: Intergroup & Race Relations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 06/2021, National Korean American Service And Education Consortium Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Korean American Service And Education Consortium Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, National Korean American Service And Education Consortium Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $2.6m during the year ending 06/2021. While expenses have increased by 16.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, National Korean American Service And Education Consortium Inc has awarded 18 individual grants totaling $6,030,965. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ORGANIZE KOREAN AND ASIAN AMERICANS TO ACHIEVE SOCIAL, RACIAL AND ECONOMIC JUSTICE

Describe the Organization's Program Activity:

Part 3 - Line 4a

CIVIC PARTICIPATION - PROMOTING AND HELPING KOREAN AMERICAN AND IMMIGRANTS OBTAIN AMERICAN CITIZENSHIP AND VOTING RIGHTS WITH THE GREATER GOAL OF BUILDING A NATIONAL MOVEMENT FOR SOCIAL CHANGE; AND HELPING KOREAN AMERICANS AND IMMIGRANTS PROTECT THEIR CIVIL RIGHTS AND LIBERTIES.


IMMIGRANT RIGHTS - ENHANCING THE LIVES OF KOREAN AMERICANS AND IMMIGRANTS THROUGH EDUCATION, ADVOCACY, CULTURE AND COMMUNITY SERVICES.


EDUCATION ACCESS AND YOUTH EMPOWERMENT - HELPING KOREAN AMERICANS AND IMMIGRANTS ACCESS IN-STATE TUITIONS AND SCHOLARSHIPS REGARDLESS OF THEIR IMMIGRATION STATUS; AND CARING FOR THE GROWTH OF KOREAN AMERICAN AND IMMIGRANT YOUTH DEVELOPMENT AND LEADERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Rebecca Belcore
Co-Director
$59,192
Jung Woo Kim
Director
$59,192
Sookyung Linda Oh
Co-Director
$52,858
Nancy Wu
Director
$47,846
Ju Hong
Chair
$0
Amanda Lowrey
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,040,809
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,040,809
Total Program Service Revenue$0
Investment income $3,542
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,044,351

Grants Awarded

Over the last fiscal year, National Korean American Service And Education Consortium Inc has awarded $354,105 in support to 3 organizations.

Grant RecipientAmount

CHICAGO CENTER FOR LEADERSHIP AND TRANSFORMATION

PURPOSE: EDUCATION

$169,105

North Wales, PA

PURPOSE: IMMIGRANT RIGHTS AND CIVIC PARTICIPATION

$130,000

Chicago, IL

PURPOSE: IMMIGRANT RIGHTS AND CIVIC PARTICIPATION

$55,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 27 grants that National Korean American Service And Education Consortium Inc has recieved totaling $2,406,271.

Awarding OrganizationAmount
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$300,000
The Jpb Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$300,000
New Venture Fund

Washington, DC

PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

$282,500
Neo Philanthropy Inc

New York, NY

PURPOSE: Program Grant

$250,000
Unbound Philanthropy

New York, NY

PURPOSE: FOR SUPPORT OF THE VALUE OUR FAMILIES COALITION TO ADDRESS FUTURE FLOW AND FAMILY IMMIGRATION ISSUES

$150,000
Ford Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$150,000
View Grant Recipient Profile

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