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Nonprofit · EIN 41-2260418

KOREATOWN OAKLAND

Tax-exempt · OAKLAND, CA 94612

Financials

$984K$1M2025
Revenue Expenses · by fiscal year end
Financials of KOREATOWN OAKLAND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$983,807$1,026,742-$42,935$315,761$41,962$273,799
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$126,213
of which government grants
$21,200
Program service revenue
$848,322
Investment income
$9,272
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$137,401
Other salaries and wages
$177,666
Salaries, compensation and benefits (total)
$377,399
Professional fundraising fees
$0
Accounting fees
$32,248
Occupancy
$48,588
Travel
$1,088
Program services (functional)
$814,686
Management and general (functional)
$212,056

Balance sheet and other

Total assets, start of year
$374,841
Total assets, end of year
$315,761
Total liabilities, end of year
$41,962
Net assets, end of year
$273,799
Net assets without donor restrictions
$273,799
Gross receipts
$983,807
Employees
7
Volunteers
28
Year formed
2007
State of legal domicile
CA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHARI GODINEZEXECUTIVE DI
Officer
40$137,401
H JOSEPH JUNGPRESIDENT
Trustee or director, Officer
2$0
CURT HAVENVICE PRESIDE
Trustee or director, Officer
2$0
DON MAYBERRYSECRETARY
Trustee or director, Officer
2$0
ALAN WILKTREASURER
Trustee or director, Officer
2$0
NICK MYERHOFFBOARD MEMBER
Trustee or director
1$0
GIDGET PUGHBOARD MEMBER
Trustee or director
1$0
BO HYE KYUNG ALLENBOARD MEMBER
Trustee or director
1$0
MUSTAFA ALSHUGAABOARD MEMBER
Trustee or director
1$0
LIZ EINWILLERBOARD MEMBER
Trustee or director
1$0
CHARLES LONGBOARD MEMBER
Trustee or director
1$0
MIKE THALERBOARD MEMBER
Trustee or director
1$0
KEUN BAE YOOBOARD MEMBER
Trustee or director
1$0
SHAKIRA SCOTTBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2633 TELEGRAPH AVENUE, OAKLAND, CA 94612-1743
Principal officer (990 for 2025)
H JOSEPH JUNG, 2633 TELEGRAPH AVENUE, SUITE 109, OAKLAND, CA 94612
Signed the 990
H JOSEPH JUNG, PRESIDENT
Phone
(510) 343-5439
Return prepared by
MARJTAX INCORPORATED

Mission

PROVIDE MAINTENANCE, SECURITY AND PHYSICAL IMPROVEMENT TO THE BUSINESS DISTRICT. PROVIDE MARKETING SERVICES AND MATERIALS TO PROMOTE KOREA TOWN OAKLAND COMMUNITY THROUGH SPECIAL EVENTS.

990 for the year ended December 31, 2025

Program accomplishments

  • PROWSO: PROWSO STANDS FOR PUBLIC RIGHT OF WAY AND SIDEWALK OPERATIONS. AS PART OF THE FUNCTION OF ORGANIZATION WE ARE TO ASSIST THE MUNICIPAL CORPORATION AND OAKLAND TO EASE THE BURDEN AND CITY SERVICES. WE LESSEN THE BURDEN BY PROVIDING SIDEWALK SWEEPING SERVICES, PAINTING OUT GRAFFITI, PROVIDE DIRECTIONS TO VISITORS IN THE AREA, PROVIDING SUPPLEMENTAL SECURITY SERVICES TO ASSIST THE OAKLAND POLICE DEPARTMENT IN MAINTAINING AREA IN THE COMMUNITY.
    Expenses $451,203
  • OAKLAND FIRST FRIDAY: OAKLAND FIRST FRIDAYS IS AN IMMERSIVE ART AND COMMUNITY EXPERIENCE ON THE FIRST FRIDAY OF EACH MONTH ON TELEGRAPH AVENUE FROM WEST GRAND TO 27TH STREET. EVERY FIRST FRIDAY FROM 5-9:30PM, OAKLAND'S KONO DISTRICT SPRINGS TO LIFE FOR THIS EVENT, WITH GALLERIES, ARTIST COLLECTIVES, STREET ARTISTS, LOCAL CULINARY ARTISANS, PERFORMERS, MUSICIANS, DANCERS, DJ'S, AND-POETS GATHERING FOR OAKLAND FIRST FRIDAY EVENTS.
    Expenses $310,521
  • MARKETING/IDENTITY ENHANCEMENT: PART OF THE FUNCTION OF OUR CORPORATION IS TO BUILD BRAND IDENTITY FOR THE VARIETY OF BUSINESSES AND RESIDENTS OF THE AREA. THE KOREATOWN NORTHGATE DISTRICT IS A TRADITIONAL MIXED USE NEIGHBORHOOD THAT COMBINES RESIDENTIAL, INSTITUTIONAL PLUS A WIDE VARIETY OF ETHNIC RETAIL LAND USES.
    Expenses $52,962

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-2260418
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
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$315,761
Income (IRS master file)
$983,807

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$1,001,865$1,154,818$445,300IRS
990December 2022$1,070,169$1,075,468$620,323IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about KOREATOWN OAKLAND

What is the EIN of KOREATOWN OAKLAND?
The employer identification number (EIN) of KOREATOWN OAKLAND is 41-2260418.
Is KOREATOWN OAKLAND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to KOREATOWN OAKLAND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREATOWN OAKLAND 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 KOREATOWN OAKLAND 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 KOREATOWN OAKLAND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of KOREATOWN OAKLAND?
The 990 for the year ended December 31, 2025 names H JOSEPH JUNG.
Who are the officers and directors of KOREATOWN OAKLAND?
The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $137,401 (SHARI GODINEZ, EXECUTIVE DI).
How much revenue does KOREATOWN OAKLAND have?
On its 990 for the year ended December 31, 2025 it reported revenue of $983,807, expenses of $1,026,742 and total assets of $315,761 at year end.

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