Killeen Sister Cities Osan Korea Committee Incorporated
- Assets
- $179.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Killeen, TX
- Founding
- 02/2010
- Data as of
- 09/2024
- EIN
- 26-4735274
Organization Overview
Killeen Sister Cities Osan Korea Committee Incorporated is located in Killeen, TX. The organization was established in 2010. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Killeen Sister Cities Osan Korea Committee Incorporated 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 09/2024, Killeen Sister Cities Osan Korea Committee Incorporated generated $18.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $64.8k during the year ending 09/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
KILLEEN SISTER CITIES OSAN KOREA IS A MEMBER OF SISTER CITIES INTERNATIONAL. KSCOK IS A NON-PROFIT ORGANIZATION ESTABLISHED THROUGH THE JOINT EFFORTS OF THE CITY OF KILLEEN AND THE GREATER KILLEEN CHAMBER OF COMMERCE. KSCOK WORKS TO FOSTER AND ENCOURAGE MUTUAL UNDERSTANDING, FRIENDSHIP, AND PEACE THROUGH COMMUNICATION BY CULTURAL, SOCIAL, EDUCATIONAL, AND ECONOMIC EXCHANGES BETWEEN PEOPLE OF THE GREATER KILLEEN AREA AND THE PEOPLE OF SIMILAR CITIES OF OTHER NATIONS. INTERNATIONAL PARTNERSHIPS OFFER A FORUM FOR THE EXCHANGE OF CULTURE, IDEAS, INFORMATION, AND COMMERCE. IT ALSO HELPS CREATE AN AURA OF GOODWILL AND COOPERATION BETWEEN CITIES ALL OVER THE WORLD BY SHOWCASING THE GREATER KILLEEN AREA AS AN INTERNATIONAL CITY. ANY CITIZEN, BUSINESS, OR ORGANIZATION INTERESTED IN FURTHERING THE PURPOSE OF KSCOK MAY BECOME A MEMBER UPON APPROVAL OF THE BOARD OF DIRECTORS AND PAYMENT OF ANNUAL DUES
Describe the Organization's Program Activity:
Part 3
SUPPORT OF LOCAL MEMBERS
BINGO OPERATIONS PROVIDE REVENUE TO THE OPERATIONS OF KILLEEN SISTER CITIES OSAN KOREA'S ACTIVITIES IN THE COMMUNITY
INTERNATIONAL FESTIVAL AND SPRING EVENT - IN FOLLOWING ITS EXCHANGE MISSION, KILLEEN SISTER CITIES HAS PROVIDED A MEDIUM FOR DISPLAYING AND EXCHANGING CULTURE THROUGH DANCE, MUSIC, CRAFTS, AND FOOD. THE INTERNATIONAL FESTIVAL AND SPRING EVENT ARE ONE DAY FREE EVENTS AND FEATURE CULTURAL MUSIC AND DANCE PERFORMANCES, ETHNIC CRAFTS AND FOOD FOR SALE, AND A CHILDREN'S ART CONTEST.
MAINTENANCE OF MONUMENT TO KOREAN US FRIENDSHIP PAVILION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Ploeckelmann Budget Director | 1 | $0 | |
Charlene Myszka Youth Activity Director | 1 | $0 | |
Geraldine Lorio Multicultural Activities | 1 | $0 | |
Agenet Wilkerson Kisd Representative | 1 | $0 | |
Kim Borkowitz Educational Activities And Exchange | 1 | $0 | |
Adrienne Evans Quickley Membership Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,819 |
| Total Program Service Revenue | $575 |
| Membership dues | $470 |
| Investment income | $216 |
| Gain or Loss | -$1,184 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,896 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $132 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,800 |
| Occupancy, rent, utilities, and maintenance | $3,060 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,592 |
| Total expenses | $64,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $179,171 |
| Other assets | $0 |
| Total assets | $179,171 |
| Total liabilities | $0 |
| Net assets or fund balances | $179,171 |
Grants Awarded
Over the last fiscal year, Killeen Sister Cities Osan Korea Committee Incorporated has awarded $458,693 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KILLEEN SISTER CITIES OSAN KOREA PURPOSE: TO USE BINGO PROCEEDS TO SUPPORT THE MISSION OF KILLEEN SISTER CITIES OSAN KOREA | $93,308 |
CITY OF KILLEEN TX PURPOSE: PUBLIC PAVILION TO HONOR RELATIONSHIP BETWEEN USA AND KOREA | $365,385 |