The Korean Cleaners Association Of New York Inc is located in Brooklyn, NY. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Cleaners Association Of New York 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 12/2022, Korean Cleaners Association Of New York Inc generated $13.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $19.4k 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
KCANY DISSEMINATES IMPORTANT INFORMATION REGARDING DRY-CLEANING INDUSTRY- RELATED GOVERNMENT REGULATIONS AND CHANGES IN MARKET TRENDS. KCANY PROVIDES USEFUL INFORMATION FOR ITS MEMBERS TO EXECUTE THEIR DAILY BUSINESS ACTIVITIES THROUGH A WELL-ESTABLISHED ONLINE PRESENCE AS WELL AS SOCIAL MEDIA SERVICE PLATFORMS. KCANY EDUCATES MEMBERS ON ENVIRONMENTAL COMPLIANCE AND HOLDS SEMINARS FOR REGULATION COMPLIANCE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Soon Gyu Kim Director | 0 | $0 | |
Seung Soon Park Director | 0 | $0 | |
Kyoung Scik Lim Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,957 |
| 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 | $12,957 |
| 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 | $2,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,920 |
| Other expenses | $14,230 |
| Total expenses | $19,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,834 |
| Other assets | $0 |
| Total assets | $5,834 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,834 |