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Nonprofit · EIN 36-3235868

KOREAN AMERICAN ASSOCIATION OF CHICAGO

Tax-exempt · GLENVIEW, IL 60025

Financials

$230K$212K2024
Revenue Expenses · by fiscal year end
Financials of KOREAN AMERICAN ASSOCIATION OF CHICAGO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$230,440$211,952$18,488$1,291,760$0$1,291,760
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$208,251
Membership dues
$24,960
Program service revenue
$7,590
Investment income
$5,143
Other revenue
$9,456

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$22,300
Salaries, compensation and benefits (total)
$23,024
Professional fundraising fees
$0
Accounting fees
$1,320
Travel
$14,068
Depreciation
$36,399
Program services (functional)
$78,378
Management and general (functional)
$133,574

Balance sheet and other

Total assets, start of year
$1,294,945
Total assets, end of year
$1,291,760
Total liabilities, end of year
$0
Net assets, end of year
$1,291,760
Land, buildings and equipment
$1,136,399
Net assets without donor restrictions
$1,279,320
Net assets with donor restrictions
$12,440
Gross unrelated business income
$14,599
Gross receipts
$230,440
Employees
0
Volunteers
1
Year formed
1983
State of legal domicile
IL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAE EUN HEOVICE PRESIDENT
Trustee or director
40$22,300
JULIE CHOIPRESIDENT
Trustee or director
40$0
DONNIE B C OHDIRECTOR
Trustee or director
0$0
STEVEN H LEEDIRECTOR
Trustee or director
0$0
KIRAN KIMCHAIRMAN
Trustee or director
0$0
MICHELLE KIMDIRECTOR
Trustee or director
0$0
SEI CHAI CHANGDIRECTOR
Trustee or director
0$0
SUNNY KIMDIRECTOR
Trustee or director
0$0
SUNGMIN KIMDIRECTOR
Trustee or director
0$0
SUNG WUN KIMDIRECTOR
Trustee or director
0$0
PAUL KIMDIRECTOR
Trustee or director
0$0
JENNIFER NODIRECTOR
Trustee or director
0$0
MUN HUI KANGDIRECTOR
Trustee or director
0$0
LUCY PAIKDIRECTOR
Trustee or director
0$0
BYUNG MOONDIRECTOR
Trustee or director
0$0
13 more people on this return
NameTitleHours / weekCompensation
YOUNG E PARKDIRECTOR
Trustee or director
0$0
JANE PARKDIRECTOR
Trustee or director
0$0
SUNGHOON SONDIRECTOR
Trustee or director
0$0
ANDREW OHVICE CHAIRMAN
Trustee or director
0$0
KWIJUNG GRACE RYUDIRECTOR
Trustee or director
0$0
JAE YOONTREASURER
Trustee or director
0$0
GUNIL DANNY PARKSECRETARY
Trustee or director
0$0
RANSIL PARKDIRECTOR
Trustee or director
0$0
SI SEOK SEODIRECTOR
Trustee or director
0$0
KYONGHWA YUNDIRECTOR
Trustee or director
0$0
SOO JAE LEEDIRECTOR
Trustee or director
0$0
OKSOON CHODIRECTOR
Trustee or director
0$0
JUNG JA HURHDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
615 MILWAUKEE AVE STE 11, GLENVIEW, IL 60025-3878
Principal officer (990 for 2024)
JULIE E CHOI, 619 MILWAUKEE, GLENVIEW, IL 60025
Signed the 990
JULIE E CHOI, PRESIDENT
Phone
(773) 878-1900
Return prepared by
PH Accounting & Tax Service Inc

Mission

PROMOTE THE STATUS OF THE KOREAN COMMUNITY IN MAINSTREAM AMERICAN SOCIETY, ADVANCE CIVIL RIGHTS FOR KOREAN AMERICANS, GUIDE THE TRANSITION OF NEWLY ARRIVED KOREAN IMMIGRANTS, PROVIDE JOB-MARKET INFORMATION.

990 for the year ended June 30, 2025

Program accomplishments

  • KOREAN FESTIVAL
    Expenses $4,466
  • EVENT CEREMONIES
    Expenses $54,365
  • DONATION & OUTREACH
    Expenses $17,868
  • PT III, LINE 4D KOREAN AMERICAN DAY $1,679
    Expenses $1,679

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
36-3235868
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
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P84Z)
Assets (IRS master file)
$1,291,760
Income (IRS master file)
$230,440

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$230,440$211,952$1,291,760XML
990June 2023$974,117$290,434$1,278,234IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 36-3235868).

Questions about KOREAN AMERICAN ASSOCIATION OF CHICAGO

What is the EIN of KOREAN AMERICAN ASSOCIATION OF CHICAGO?
The employer identification number (EIN) of KOREAN AMERICAN ASSOCIATION OF CHICAGO is 36-3235868.
Is KOREAN AMERICAN ASSOCIATION OF CHICAGO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to KOREAN AMERICAN ASSOCIATION OF CHICAGO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN AMERICAN ASSOCIATION OF CHICAGO 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 KOREAN AMERICAN ASSOCIATION OF CHICAGO due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOREAN AMERICAN ASSOCIATION OF CHICAGO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of KOREAN AMERICAN ASSOCIATION OF CHICAGO?
The 990 for the year ended June 30, 2025 names JULIE E CHOI.
Who are the officers and directors of KOREAN AMERICAN ASSOCIATION OF CHICAGO?
The 990 for the year ended June 30, 2025 lists 28 people; 1 received compensation from the organization, the highest $22,300 (JAE EUN HEO, VICE PRESIDENT).
How much revenue does KOREAN AMERICAN ASSOCIATION OF CHICAGO have?
On its 990 for the year ended June 30, 2025 it reported revenue of $230,440, expenses of $211,952 and total assets of $1,291,760 at year end.

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