Korean Drycleaners & Laundry Association Of Southern Calif
- Assets
- $135.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gardena, CA
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 33-0211745
Organization Overview
Korean Drycleaners & Laundry Association Of Southern Calif is located in Gardena, CA. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Drycleaners & Laundry Association Of Southern Calif 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 12/2022, Korean Drycleaners & Laundry Association Of Southern Calif generated $15.2k 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 (23.1%) each year. All expenses for the organization totaled $64.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF COMMON INTEREST AS DRY CLEANERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yoon Dong Kim Chief Executive Officer | 1 | $0 | |
Jason DO Secretary | 1 | $0 | |
Jason DO Chief Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,186 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,186 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,000 |
| Professional fees and other payments to independent contractors | $3,450 |
| Occupancy, rent, utilities, and maintenance | $12,441 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,006 |
| Total expenses | $64,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,346 |
| Other assets | $0 |
| Total assets | $135,646 |
| Total liabilities | $1,221 |
| Net assets or fund balances | $134,425 |