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Nonprofit · EIN 23-7257765

GREATER SEATTLE KOREAN ASSOCIATION

Tax-exempt · TUKWILA, WA 98168

Financials

$1.1M$771K2023$173K$159K2024
Revenue Expenses · by fiscal year end
Financials of GREATER SEATTLE KOREAN ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$173,379$158,588$14,791$957,748$176,300$781,448
December 31, 2023990$1,138,196$770,850$367,346$1,046,692$308,267$738,425
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$173,168
of which government grants
$101,710
Membership dues
$9,000
Program service revenue
$0
Investment income
$0
Net rental income
$211
Other revenue
$211

Expenses

Grants and similar amounts paid
$35,167
Other salaries and wages
$14,996
Salaries, compensation and benefits (total)
$16,396
Professional fundraising fees
$0
Legal fees
$500
Accounting fees
$6,700
Occupancy
$4,390
Travel
$3,760
Depreciation
$5,111
Program services (functional)
$93,752
Management and general (functional)
$64,836

Balance sheet and other

Total assets, start of year
$1,046,692
Total assets, end of year
$957,748
Total liabilities, end of year
$176,300
Net assets, end of year
$781,448
Land, buildings and equipment
$852,506
Net assets without donor restrictions
$781,448
Gross unrelated business income
$211
Gross receipts
$208,568
Employees
1
Year formed
2007
State of legal domicile
WA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WONJUN KIMPRESIDENT
Trustee or director, Officer
–$0
ALISA NACHAIRMAN
Trustee or director, Officer
–$0
STACEY YUNSECRETARY &
Officer
–$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
WONJUN KIMPRESIDENT
Trustee or director, Officer
–$0
ALISA NACHAIRMAN
Trustee or director, Officer
–$0
STACEY YUNSECRETARY &
Officer
–$0

Address and contacts

Address (IRS master file)
14001 57TH AVE S STE 100, TUKWILA, WA 98168-5721
Principal officer (990 for 2024)
WONJUN KIM, 10804 56TH PL W, MUKILTEO, WA 98275
Signed the 990
ALISA NA, CHAIRMAN
Phone
(253) 222-3320
Return prepared by
SHK GROUP PLLC

Mission

TO PROMOTE AND PERFORM CULTURAL, EDUCATIONAL AND CHARITABLE ACTIVITIES OF KOREAN COMMUNITIES IN THE STATE OF WASHINGTON.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROMOTE AND PERFORM CULTURAL, EDUCATIONAL AND CHARITABLE ACTIVITIES OF KOREAN COMMUNITIES IN THE STATE OF WASHINGTON.
  • ALL OTHER ACCOMPLISHMENTS
    Expenses $93,752 · grants $35,167

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7257765
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
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$957,748
Income (IRS master file)
$208,568

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$173,379$158,588$957,748XML
990-TDecember 2024–––IRS
990December 2023$1,138,196$770,850$1,046,692XML
990-TDecember 2023–––IRS
990December 2022$195,950$125,779$615,456IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 23-7257765).

Questions about GREATER SEATTLE KOREAN ASSOCIATION

What is the EIN of GREATER SEATTLE KOREAN ASSOCIATION?
The employer identification number (EIN) of GREATER SEATTLE KOREAN ASSOCIATION is 23-7257765.
Is GREATER SEATTLE KOREAN ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to GREATER SEATTLE KOREAN ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREATER SEATTLE KOREAN ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREATER SEATTLE KOREAN ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER SEATTLE KOREAN ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREATER SEATTLE KOREAN ASSOCIATION?
The 990 for the year ended December 31, 2024 names WONJUN KIM.
Who are the officers and directors of GREATER SEATTLE KOREAN ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GREATER SEATTLE KOREAN ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $173,379, expenses of $158,588 and total assets of $957,748 at year end.

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