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Korea America Economic Association Dept Of Economics & Geography

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: International, Foreign Affairs and National Security / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$128k (2025)

Expenses
$145k (2025)

Total Assets
$631k (2025)

Total Liabilities
$0 (2025)

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Jan.
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$127,865
Expenses
$145,144
Net Income
-$17,279
Net Assets
$630,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $104,868
82.0%
Program Services $0
Investment Income -$3,769
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $26,766
20.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $630,995
Total Liabilities $0
Net Assets $630,995
Compensation
Key Employees and Officers Compensation Related Other
Kwang Soo Cheong (President) $0 $0 $0
Jaewoo Lee (President Elect) $0 $0 $0
Sokbae Lee (Vice President) $0 $0 $0
Kyoo Il Kim (Secretary General) $0 $0 $0
Kyungmin Kim (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$75,921
Expenses
$91,224
Net Income
-$15,303
Net Assets
$445,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $70,284
92.6%
Program Services $0
Investment Income -$4,933
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,570
13.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $524,070
Total Liabilities $78,835
Net Assets $445,235
Compensation
Key Employees and Officers Compensation Related Other
Kwang Soo Cheong (President El) $0 $0 $0
Yongseok Shin (Vice Preside) $0 $0 $0
Kyoo Il Kim (Secretary Ge) $0 $0 $0
Yoonseok Lee (Treasurer) $0 $0 $0
Yoosoon Chang (President) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,131
Expenses
$216,513
Net Income
-$140,382
Net Assets
$460,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $76,131
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $460,538
Total Liabilities $0
Net Assets $460,538
Compensation
Key Employees and Officers Compensation Related Other
Donggyu Sul (President) $0 $0 $0
Jaebeom Kim (Vice Preside) $0 $0 $0
Byung Cheol Kim (Secretary Ge) $0 $0 $0
Yoonseok Lee (Treasurer) $0 $0 $0
Yoosoon Chang (President El) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$71,778
Expenses
$38,965
Net Income
$32,813
Net Assets
$600,920
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,170
54.6%
Program Services $0
Investment Income $32,608
45.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $600,920
Total Liabilities $0
Net Assets $600,920
Compensation
Key Employees and Officers Compensation Related Other
Donggyu Sul (President) $0 $0 $0
Jaebeom Kim (Vice Preside) $0 $0 $0
Byung Cheol Kim (Secretary Ge) $0 $0 $0
Yoonseok Lee (Treasurer) $0 $0 $0
Yoosoon Chang (President El) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$175,008
Expenses
$19,504
Net Income
$155,504
Net Assets
$568,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $56,154
32.1%
Program Services $0
Investment Income $118,854
67.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $568,107
Total Liabilities $0
Net Assets $568,107
Compensation
Key Employees and Officers Compensation Related Other
Yoo Soon Chang (President) $0 $0 $0
Chi Young Choi (President El) $0 $0 $0
Youngseok Shin (Vice Preside) $0 $0 $0
Byung Cheol Kim (Secretary) $0 $0 $0
Suyong Song (Treasurer) $0 $0 $0
Yoonseok Lee (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$114,149
Expenses
$45,027
Net Income
$69,122
Net Assets
$412,603
Notable Sources of Revenue Percent of Total Revenue
Contributions $49,936
43.7%
Program Services $0
Investment Income $64,213
56.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $412,603
Total Liabilities $0
Net Assets $412,603
Compensation
Key Employees and Officers Compensation Related Other
Jinyong Hahn (President) $0 $0 $0
Yoosoon Chang (President Elect) $0 $0 $0
Hyeongwoo Kim (Secretary) $0 $0 $0
Kyoo Il Kim (Treasurer) $0 $0 $0
Hyungsik Moon (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$63,926
Expenses
$57,094
Net Income
$6,832
Net Assets
$343,481
Notable Sources of Revenue Percent of Total Revenue
Contributions $71,890
> 100%
Program Services $0
Investment Income -$7,964
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $343,481
Total Liabilities $0
Net Assets $343,481
Compensation
Key Employees and Officers Compensation Related Other
Jinyong Hahn (President Elect) $0 $0 $0
Chi Young Choi (Vice President) $0 $0 $0
Chang Jin Kim (President) $0 $0 $0
Kyoo Il Kim (Treasurer) $0 $0 $0
Hyeongwoo Kim (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129,206
Expenses
$84,444
Net Income
$44,762
Net Assets
$336,649
Notable Sources of Revenue Percent of Total Revenue
Contributions $70,027
54.2%
Program Services $0
Investment Income $59,179
45.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $336,649
Total Liabilities $0
Net Assets $336,649
Compensation
Key Employees and Officers Compensation Related Other
Junsoo Lee (President) $0 $0 $0
Inhyuck Ha (Vice President) $0 $0 $0
Chang Jin Kim (President Elect) $0 $0 $0
Kyoo Il Kim (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$78,016
Expenses
$38,266
Net Income
$39,750
Net Assets
$298,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $48,438
62.1%
Program Services $0
Investment Income $29,578
37.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $298,937
Total Liabilities $0
Net Assets $298,937
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Junsoo Lee (President) $0 $0 $0
Inhyuck Ha (Vice President) $0 $0 $0
Hyeongwoo Kim (Secretary) $0 $0 $0
Chang Jin Kim (President Elect) $0 $0 $0
Kyoo Il Kim (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,430
Expenses
$60,824
Net Income
-$14,394
Net Assets
$259,138
Notable Sources of Revenue Percent of Total Revenue
Contributions $54,499
> 100%
Program Services $0
Investment Income -$8,069
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $259,138
Total Liabilities $0
Net Assets $259,138
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Yeon Koo Che (President) $0 $0 $0
In Uck Park (President Elect) $0 $0 $0
Hyungsik Moon (Vice President) $0 $0 $0
Chi Young Choi (Secretary General) $0 $0 $0
Yongseok Shin (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$94,999
Expenses
$59,901
Net Income
$35,098
Net Assets
$273,533
Notable Sources of Revenue Percent of Total Revenue
Contributions $75,617
79.6%
Program Services $0
Investment Income $19,382
20.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $273,533
Total Liabilities $0
Net Assets $273,533
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jay Pil Choi (President) $0 $0 $0
Yeon Koo Che (President Elect) $0 $0 $0
Sunghyun Henry Kim (Vice President) $0 $0 $0
Chi Young Choi (Secretary General) $0 $0 $0
Yongseok Shin (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,848
Expenses
$61,233
Net Income
$15,615
Net Assets
$238,435
Notable Sources of Revenue Percent of Total Revenue
Contributions $69,424
90.3%
Program Services $0
Investment Income $7,424
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $238,435
Total Liabilities $0
Net Assets $238,435
Compensation
Key Employees and Officers Compensation Related Other
Jay Pil Choi (President) $1,500 $0 $0
Yongsung Chang (Vice President) $1,500 $0 $0
Jay Hwa Hong (Treasurer) $1,000 $0 $0
Yeon Koo Che (President Elect) $0 $0 $0
Sunghyun Henry Kim (Vice President) $0 $0 $0
Chi Young Choi (Secretary General) $0 $0 $0
Yongseok Shin (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Jan.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$85,716
Expenses
$51,301
Net Income
$34,415
Net Assets
$203,923
Notable Sources of Revenue Percent of Total Revenue
Contributions $81,614
95.2%
Program Services $0
Investment Income $4,102
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $203,923
Total Liabilities $0
Net Assets $203,923

Document Links

Fiscal Year Ending Jan.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$58,758
Expenses
$48,304
Net Income
$10,454
Net Assets
$154,492
Notable Sources of Revenue Percent of Total Revenue
Contributions $54,705
93.1%
Program Services $0
Investment Income $4,053
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $154,492
Total Liabilities $0
Net Assets $154,492

Document Links

Fiscal Year Ending Jan.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Jan.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Jan.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Jan.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Jan.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Jan.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Jan.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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