East Bay Korean-American Senior Services Center
- Assets
- $265.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 10/1982
- Data as of
- 12/2022
- EIN
- 94-2813695
Organization Overview
East Bay Korean-American Senior Services Center is located in Oakland, CA. The organization was established in 1982. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Bay Korean-American Senior Services Center 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 12/2022, East Bay Korean-American Senior Services Center generated $90.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $68.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 8 years. 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
SENIOR SERVICE PROGRAMSPROVIDING SOCIAL SERVICES AND MEALS PROGRAM FOR KOREAN-AMERICAN SENIORS IN OAKLAND, COUNTY OF ALAMEDA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanna Kim-Selby Executive Direc | 40 | $0 | |
Dong Woo Lee CFO | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,403 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,641 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,046 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,580 |
| Professional fees and other payments to independent contractors | $705 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $221 |
| Other expenses | $49,423 |
| Total expenses | $67,979 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,025 |
| Other assets | $0 |
| Total assets | $265,001 |
| Total liabilities | $1,717 |
| Net assets or fund balances | $263,284 |