Korean American Association Of Greater Cleveland is located in Independence, OH. The organization was established in 1979. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean American Association Of Greater Cleveland 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 12/2023, Korean American Association Of Greater Cleveland generated $91.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $32.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY SERVICES - CULTURAL GARDEN
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Jong Dae Moon President | 10 | $0 | |
| Hanna Woo Treasurer | 10 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,370 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $19,048 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $9,360 | 
| Other Revenue | $18,344 | 
| Total Revenue | $91,122 | 
| 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 | $564 | 
| Other expenses | $32,021 | 
| Total expenses | $32,585 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,002 | 
| Other assets | $0 | 
| Total assets | $229,444 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $229,444 |