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Korean Center Incorporated

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: Human Services — Multipurpose and Other / Ethnic, Immigrant Centers, Services (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$544k (2023)

Expenses
$658k (2023)

Total Assets
$676k (2023)

Total Liabilities
$7.85k (2023)

Years with multiple filings
Source: Form 990 tax filings from 2011 to 2023

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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$543,952
Expenses
$658,471
Net Income
-$114,519
Net Assets
$668,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $150,718
27.7%
Program Services $199,991
36.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $126,000
23.2%
Net Fundraising $53,747
9.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,496
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $420,854
63.9%
Assets/Debt
Total Assets $676,397
Total Liabilities $7,849
Net Assets $668,548
Compensation
Key Employees and Officers Compensation Related Other
Phil Kang (Chair) $0 $0 $0
Korina Park (Director) $0 $0 $0
Sarah Kim Lee (Director) $0 $0 $0
Sylvia Lee (Director) $0 $0 $0
Anny Hong (Director) $0 $0 $0
Rachel Shay (Director) $0 $0 $0
Kathy Woeber Gardner (Secretary) $0 $0 $0
Christy Ahn (Treasurer) $0 $0 $0
So Eun Park (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$307,520
Expenses
$303,785
Net Income
$3,735
Net Assets
$783,067
Notable Sources of Revenue Percent of Total Revenue
Contributions $111,873
36.4%
Program Services $117,197
38.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $57,000
18.5%
Net Fundraising $16,998
5.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,452
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $45,000
14.8%
Professional Fundraising Fees $0
Other Salaries and Wages $143,123
47.1%
Assets/Debt
Total Assets $801,817
Total Liabilities $18,750
Net Assets $783,067
Compensation
Key Employees and Officers Compensation Related Other
Korina Park (Chair) $0 $0 $0
Christy Ahn (Treasurer) $0 $0 $0
Sarah Kim Lee (Director) $0 $0 $0
Sylvia Lee (Director) $0 $0 $0
Sewon Chung Barrera (Director) $0 $0 $0
Brad Williams (Vice Chair) $0 $0 $0
Andrew Ko (Director) $0 $0 $0
Phil Kang (Director) $0 $0 $0
Anny Hong (Director) $0 $0 $0
Jeanine Kim (Director) $0 $0 $0
So Eun Park (Director) $0 $0 $0
Rachel Shay (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$581,990
Expenses
$430,091
Net Income
$151,899
Net Assets
$779,332
Notable Sources of Revenue Percent of Total Revenue
Contributions $141,856
24.4%
Program Services $186,302
32.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $114,000
19.6%
Net Fundraising $48,921
8.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $90,911
15.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $92,263
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $150,689
35.0%
Assets/Debt
Total Assets $802,792
Total Liabilities $23,460
Net Assets $779,332
Compensation
Key Employees and Officers Compensation Related Other
Korina Park (Chair) $0 $0 $0
Christy Ahn (Treasurer) $0 $0 $0
Sarah Kim (Director) $0 $0 $0
Sedique Popal (Director) $0 $0 $0
Chaiyeon Lee (Director) $0 $0 $0
Brad Williams (Director) $0 $0 $0
Andrew Ko (Director) $0 $0 $0
Phil Kang (Director) $0 $0 $0
Anny Hong (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$429,416
Expenses
$426,588
Net Income
$2,828
Net Assets
$617,856
Notable Sources of Revenue Percent of Total Revenue
Contributions $211,711
49.3%
Program Services $130,855
30.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $85,500
19.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,350
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $221,817
52.0%
Assets/Debt
Total Assets $687,408
Total Liabilities $69,552
Net Assets $617,856
Compensation
Key Employees and Officers Compensation Related Other
Christy Ahn (Director) $0 $0 $0
Sarah Kim (Director) $0 $0 $0
Sedique Popal (Director) $0 $0 $0
Kiyoung Nam (Director) $0 $0 $0
Chaiyeon Lee (Director) $0 $0 $0
Brad Williams (Director) $0 $0 $0
Andrew Ko (Director) $0 $0 $0
Korina Park (Chairman) $0 $0 $0
Phil Kang (Director) $0 $0 $0
Anny Hong (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$476,866
Expenses
$387,936
Net Income
$88,930
Net Assets
$576,297
Notable Sources of Revenue Percent of Total Revenue
Contributions $217,980
45.7%
Program Services $144,886
30.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $114,000
23.9%
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 $194,751
50.2%
Assets/Debt
Total Assets $634,467
Total Liabilities $58,170
Net Assets $576,297
Compensation
Key Employees and Officers Compensation Related Other
Andrew Ko (Director) $0 $0 $0
Brad Williams (Director) $0 $0 $0
Korina Park (Chairman) $0 $0 $0
Anny Hong (Director) $0 $0 $0
Phil Kang (Director) $0 $0 $0
Sarah Kim (Director) $0 $0 $0
Christy Ahn (Director) $0 $0 $0
Sedique Popal (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$267,804
Expenses
$269,054
Net Income
-$1,250
Net Assets
$487,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $72,797
27.2%
Program Services $81,007
30.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $114,000
42.6%
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 $142,013
52.8%
Assets/Debt
Total Assets $506,229
Total Liabilities $18,994
Net Assets $487,235
Compensation
Key Employees and Officers Compensation Related Other
Korina Park (Chairman) $0 $0 $0
Andrew Ko (Director) $0 $0 $0
Brad Williams (Director) $0 $0 $0
Anny Hong (Director) $0 $0 $0
Phil Kang (Director) $0 $0 $0
Jordan Kang (Advisory Board) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$294,372
Expenses
$379,152
Net Income
-$84,780
Net Assets
$470,010
Notable Sources of Revenue Percent of Total Revenue
Contributions $98,687
33.5%
Program Services $81,685
27.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $114,000
38.7%
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 $472,355
Total Liabilities $2,345
Net Assets $470,010
Compensation
Key Employees and Officers Compensation Related Other
Andrew Ko (Chairman) $0 $0 $0
Chong Hui Park (Vice Chairma) $0 $0 $0
Steve Syim (Treasurer) $0 $0 $0
Tom Hundt (Secretary) $0 $0 $0
Jane Lee (Director) $0 $0 $0
Jordan Kang (Director) $0 $0 $0
Jean Kim (Director) $0 $0 $0
Geoffey Shin (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$412,652
Expenses
$511,109
Net Income
-$98,457
Net Assets
$554,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $158,807
38.5%
Program Services $160,845
39.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $93,000
22.5%
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 $257,024
50.3%
Assets/Debt
Total Assets $562,934
Total Liabilities $8,144
Net Assets $554,790
Compensation
Key Employees and Officers Compensation Related Other
Andrew Ko (Director) $0 $0 $0
Tom Hundt (Treasurer) $0 $0 $0
Jordan Kang (Chairman) $0 $0 $0
Brad Williams (Director) $0 $0 $0
Kenneth Kim (Secretary) $0 $0 $0
Korina Park (Director) $0 $0 $0
Phil Kang (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$370,721
Expenses
$299,243
Net Income
$71,478
Net Assets
$653,247
Notable Sources of Revenue Percent of Total Revenue
Contributions $105,626
28.5%
Program Services $148,472
40.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $116,623
31.5%
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 $176,436
59.0%
Assets/Debt
Total Assets $671,439
Total Liabilities $18,192
Net Assets $653,247
Compensation
Key Employees and Officers Compensation Related Other
Brad Williams (Director) $0 $0 $0
Jordan Kang (Director) $0 $0 $0
Sumi Levy (Director) $0 $0 $0
Jay Kim (Director) $0 $0 $0
Kina Kim (Director) $0 $0 $0
Andrew Ko (Chairman) $0 $0 $0
Tom Hundt (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$351,342
Expenses
$269,689
Net Income
$81,653
Net Assets
$590,444
Notable Sources of Revenue Percent of Total Revenue
Contributions $132,720
37.8%
Program Services $134,622
38.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $84,000
23.9%
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 $126,732
47.0%
Assets/Debt
Total Assets $596,486
Total Liabilities $6,042
Net Assets $590,444
Compensation
Key Employees and Officers Compensation Related Other
Jane Lee (Director) $0 $0 $0
Sumi Lee (Director) $0 $0 $0
James Suh (Director) $0 $0 $0
Jordan Kang (Director) $0 $0 $0
Jean Kim (Director) $0 $0 $0
Geoffey Shin (Director) $0 $0 $0
Jong Soo Kim (Director) $0 $0 $0
Seung Jun Tim Yoon (Director) $0 $0 $0
Jay Pfaffman (Director) $0 $0 $0
Hynngman Paul Kim (Director) $0 $0 $0
Andrew Ko (Chairman) $0 $0 $0
Chong Hui Park (Vice Chairman) $0 $0 $0
Steve Syim (Treasurer) $0 $0 $0
Tom Hundt (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$324,890
Expenses
$314,802
Net Income
$10,088
Net Assets
$570,442
Notable Sources of Revenue Percent of Total Revenue
Contributions $136,137
41.9%
Program Services $105,753
32.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $83,000
25.5%
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 $143,238
45.5%
Assets/Debt
Total Assets $570,442
Total Liabilities $0
Net Assets $570,442
Compensation
Key Employees and Officers Compensation Related Other
Jane Lee (Director) $0 $0 $0
Sumi Lee (Director) $0 $0 $0
James Suh (Director) $0 $0 $0
Jordan Kang (Director) $0 $0 $0
Jean Kim (Director) $0 $0 $0
Geoffey Shin (Director) $0 $0 $0
Jong Soo Kim (Director) $0 $0 $0
Seung Jun Tim Yoon (Director) $0 $0 $0
Andrew Ko (Chairman) $0 $0 $0
Chong Hui Park (Vice Chairman) $0 $0 $0
Steve Syim (Treasurer) $0 $0 $0
Tom Hundt (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$144,123
Expenses
$197,023
Net Income
-$52,900
Net Assets
$530,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $98,528
68.4%
Program Services $22,230
15.4%
Investment Income $35
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $23,330
16.2%
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 $66,302
33.7%
Assets/Debt
Total Assets $530,326
Total Liabilities $0
Net Assets $530,326

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,683
Expenses
$51,128
Net Income
-$28,445
Net Assets
$583,226
Notable Sources of Revenue Percent of Total Revenue
Contributions $22,369
98.6%
Program Services $0
Investment Income $164
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $150
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $7,906
15.5%
Assets/Debt
Total Assets $587,286
Total Liabilities $4,060
Net Assets $583,226

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,233
Expenses
$26,015
Net Income
-$16,782
Net Assets
$611,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,830
95.6%
Program Services $0
Investment Income $191
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $212
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $7,830
30.1%
Assets/Debt
Total Assets $615,101
Total Liabilities $4,060
Net Assets $611,041

Document Links

Fiscal Year Ending June
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 June
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 June
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 June
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 June
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 June
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 June
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 June
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 June
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

Fiscal Year Ending June
2001

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.

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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 »

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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.
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  • 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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