Korean American Medical Association Inc is located in Englewood Cliffs, NJ. The organization was established in 1978. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean American Medical Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Korean American Medical Association Inc generated $9.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (37.3%) each year. All expenses for the organization totaled $72.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH AND FELLOWSHIPS FOR KOREAN MEDICAL DOCTORS
Describe the Organization's Program Activity:
Part 3
MEDICAL CONFERENCE AND MEETINGS
COMMUNITY ACTIVITY SUPPORT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Kim President | 0 | $0 | |
Chester Koh Chariman | 0 | $0 | |
John Won Director | 0 | $0 | |
Jennifer Lee Director | 0 | $0 | |
Mary Choi Director | 0 | $0 | |
John Yun Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,102 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,388 |
| Gain or Loss | $3,606 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,096 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,800 |
| Total expenses | $72,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |