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Nonprofit · EIN 05-0384058

KOREAN ASSOCIATION OF RHODE ISLAND

Tax-exempt · CRANSTON, RI 02910

Financials

$15K$28K2023$30K$31K2024$31K$33K2025
Revenue Expenses · by fiscal year end
Financials of KOREAN ASSOCIATION OF RHODE ISLAND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$31,363$33,376-$2,013$207,736–$207,736
December 31, 2024990-EZ$30,149$30,686-$537$209,749–$209,749
December 31, 2023990-EZ$14,915$28,184-$13,269$210,286–$210,286
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$19,025
Membership dues
$1,040
Program service revenue
$498
Investment income
$0
Other revenue
$10,800

Expenses

Benefits paid to members
$692
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$485
Occupancy
$1,193
Printing, publications and postage
$356
Other expenses
$30,650
Program services (functional)
$19,159

Balance sheet and other

Total assets, start of year
$209,749
Total assets, end of year
$207,736
Total liabilities, end of year
–
Net assets, end of year
$207,736
Cash, savings and investments
$12,999
Land and buildings
$194,737
Gross receipts
$31,363

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANGELA SHARKEYPRESIDENT8$0
SANGWOOK JITREASURER8$0
HEONJO PARKCHAIR OF THE BOARD OF DIRECTORS8$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ANGELA SHARKEYPRESIDENT8$0
SANGWOOK JITREASURER8$0
HEONJO PARKCHAIR OF THE BOARD OF DIRECTORS8$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SANGWOOK JIPRESIDENT8$0
SUZANNE SHARKEYTREASURER8$0
HEONJO PARKCHAIR OF THE BOARD OF DIRECTORS8$0

Address and contacts

Address (IRS master file)
1140 PARK AVE, CRANSTON, RI 02910-3146
In care of
% JIN R HONG
Signed the 990-EZ
SANGWOOK JI, TREASURER
Phone
(401) 782-6674
Return prepared by
Sook J Kim CPA

Mission

Promoting welfare of Korean community

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Promoting social welfare of the Korean-American Community
    Expenses $7,502
  • Supporting Veterans Memorial Park Repair and Veterans Day event
    Expenses $6,893
  • Introduced Korean national event to the community andthe next generation of Korean-American
    Expenses $4,764

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
05-0384058
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1981
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$207,736
Income (IRS master file)
$31,363

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$31,363$33,376$207,736XML
990-EZDecember 2024$30,149$30,686$209,749IRS
990-EZDecember 2023$14,915$28,184$210,286XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0384058).

Questions about KOREAN ASSOCIATION OF RHODE ISLAND

What is the EIN of KOREAN ASSOCIATION OF RHODE ISLAND?
The employer identification number (EIN) of KOREAN ASSOCIATION OF RHODE ISLAND is 05-0384058.
Is KOREAN ASSOCIATION OF RHODE ISLAND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to KOREAN ASSOCIATION OF RHODE ISLAND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN ASSOCIATION OF RHODE ISLAND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KOREAN ASSOCIATION OF RHODE ISLAND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOREAN ASSOCIATION OF RHODE ISLAND last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of KOREAN ASSOCIATION OF RHODE ISLAND?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does KOREAN ASSOCIATION OF RHODE ISLAND have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $31,363, expenses of $33,376 and total assets of $207,736 at year end.

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