Korean American Medical Association Of Usa Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

Donations to this organization are not tax deductible.

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. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$479,999
Expenses
$379,074
Net Income
$100,925
Net Assets
$198,669
Notable Sources of Revenue Percent of Total Revenue
Contributions $469,020
97.7%
Program Services $0
Investment Income $6,327
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $367
0.1%
Net Inventory Sales $0
Other Revenue $4,285
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $20,000
5.3%
Assets/Debt
Total Assets $199,138
Total Liabilities $469
Net Assets $198,669
Compensation
Key Employees and Officers Compensation Related Other
Brice Choi (Director) $0 $0 $0
Michelle Kim (Director) $0 $0 $0
Chester Koh (Chairman) $0 $0 $0
Jennifer I Lee (Director) $0 $0 $0
Kiro John Yun (Director) $0 $0 $0
Sung Uk Jang (Vice Preside) $0 $0 $0
John H Won (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,347
Expenses
$85,608
Net Income
-$48,261
Net Assets
$97,744
Notable Sources of Revenue Percent of Total Revenue
Contributions $31,508
84.4%
Program Services $0
Investment Income $5,669
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $170
0.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $20,000
23.4%
Assets/Debt
Total Assets $98,455
Total Liabilities $711
Net Assets $97,744
Compensation
Key Employees and Officers Compensation Related Other
Brice Choi (Director) $0 $0 $0
Michelle Kim (Director) $0 $0 $0
Chester Koh (Chairman) $0 $0 $0
Jennifer I Lee (Director) $0 $0 $0
John H Won (Director) $0 $0 $0
K John Yun (Director) $0 $0 $0
John H Won (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$236,721
Expenses
$243,280
Net Income
-$6,559
Net Assets
$146,005
Notable Sources of Revenue Percent of Total Revenue
Contributions $234,680
99.1%
Program Services $0
Investment Income $1,876
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $165
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $15,333
6.3%
Assets/Debt
Total Assets $146,503
Total Liabilities $498
Net Assets $146,005
Compensation
Key Employees and Officers Compensation Related Other
Brice Choi (Director) $0 $0 $0
Mary Choi (Director) $0 $0 $0
Michelle Kim (Director) $0 $0 $0
Chester Koh (Chairman) $0 $0 $0
Jennifer I Lee (President) $0 $0 $0
Sunhye Lee (Executive Di) $0 $0 $0
John Won (Director) $0 $0 $0
John Yun (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,239
Expenses
$245,542
Net Income
-$115,303
Net Assets
$152,564
Notable Sources of Revenue Percent of Total Revenue
Contributions $130,239
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 $15,333
6.2%
Assets/Debt
Total Assets $154,687
Total Liabilities $2,123
Net Assets $152,564
Compensation
Key Employees and Officers Compensation Related Other
Mary Choi (Director) $0 $0 $0
Michelle Kim (Prsident) $0 $0 $0
Chester Koh (Chairman) $0 $0 $0
Jennifer Lee (Director) $0 $0 $0
Sunhye Lee (Executive Di) $0 $0 $0
John Won (Director) $0 $0 $0
John Yun (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$296,995
Expenses
$39,771
Net Income
$257,224
Net Assets
$263,702
Notable Sources of Revenue Percent of Total Revenue
Contributions $296,995
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 $15,333
38.6%
Assets/Debt
Total Assets $268,521
Total Liabilities $4,819
Net Assets $263,702
Compensation
Key Employees and Officers Compensation Related Other
Brice Choi (Director) $0 $0 $0
Mary Choi (Prsident) $0 $0 $0
Stanley Kim (Vice Chairma) $0 $0 $0
John Oh (Director) $0 $0 $0
James Park (Director) $0 $0 $0
John Won (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$324,725
Expenses
$318,247
Net Income
$6,478
Net Assets
$6,478
Notable Sources of Revenue Percent of Total Revenue
Contributions $324,725
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 $6,996
Total Liabilities $518
Net Assets $6,478
Compensation
Key Employees and Officers Compensation Related Other
Brice Choi (Director) $0 $0 $0
Daniel Kim (Director) $0 $0 $0
Stanley Kim (Vice Chairma) $0 $0 $0
John Oh (Director) $0 $0 $0
James S Park (Prsident) $0 $0 $0
John Won (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

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 financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited 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 for 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?

Most organizations that have been recognized as tax exempt by the IRS have to file the 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 the 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," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

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 Employer Identification Numbers 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.
  • 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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us