Nonprofit · EIN 46-5032789
KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC
Tax-exempt · FLUSHING, NY 11354
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $241,644 | $4,375 | $237,269 | $1,204,380 | $93,725 | $1,110,655 |
| December 31, 2024 | 990 | $151,508 | $5,700 | $145,808 | $1,052,448 | $179,062 | $873,386 |
| December 31, 2023 | 990 | $42,008 | $13,125 | $28,883 | $901,303 | $173,725 | $727,578 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $202,400
- Program service revenue
- $0
- Investment income
- $39,244
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,250
- Program services (functional)
- $1,000
- Management and general (functional)
- $3,375
Balance sheet and other
- Total assets, start of year
- $1,052,448
- Total assets, end of year
- $1,204,380
- Total liabilities, end of year
- $93,725
- Net assets, end of year
- $1,110,655
- Net assets without donor restrictions
- $1,110,655
- Gross receipts
- $241,644
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- NY
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yunhee Chung | President Trustee or director | 2 | $0 |
| Susan Kim | Director Trustee or director | 2 | $0 |
| Anthony Jung MD | Director Trustee or director | 2 | $0 |
| JD Kim | Director Trustee or director | 2 | $0 |
| Chang Suk Lee MD | Director Trustee or director | 2 | $0 |
| Byungchul Kang | Director Trustee or director | 2 | $0 |
| Kunil Bae MD | Director Trustee or director | 2 | $0 |
| Changrae Kim MD | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yunhee Chung | President Trustee or director | 2 | $0 |
| Susan Kim | Director Trustee or director | 2 | $0 |
| Anthony Jung MD | Director Trustee or director | 2 | $0 |
| JD Kim | Director Trustee or director | 2 | $0 |
| Chang Suk Lee MD | Director Trustee or director | 2 | $0 |
| Byungchul Kang | Director Trustee or director | 2 | $0 |
| Kunil Bae MD | Director Trustee or director | 2 | $0 |
| Changrae Kim MD | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yunhee Chung | President Trustee or director | 2 | $0 |
| Susan Kim | Director Trustee or director | 2 | $0 |
| Anthony Jung MD | Director Trustee or director | 2 | $0 |
| JD Kim | Director Trustee or director | 2 | $0 |
| Chang Suk Lee MD | Director Trustee or director | 2 | $0 |
| Byungchul Kang | Director Trustee or director | 2 | $0 |
| Kunil Bae MD | Director Trustee or director | 2 | $0 |
| Changrae Kim MD | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 142-18 38TH AVE APT 1B, FLUSHING, NY 11354-5654
- Signed the 990
- Yunhee Chung, President
- Return prepared by
- Z BEST CPA PLLC
Mission
The mission of this foundation is to assist the growing number of Korean American elderly in New York Metropolitan region by providing the eldercare services in tailored and linguistically competent manner and to provide the support for those fighting the battle against cancer in our community. The foundations overarching goal is to make a difference in peoples lives providing much needed services.
Program accomplishments
- The mission of this foundation is to assist the growing number of Korean American elderly in New York Metropolitan region by providing the eldercare services in tailored and linguistically competent manner and to provide the support for those fighting the battle against cancer in our community. The foundations overarching goal is to make a difference in peoples lives providing much needed services.Expenses $1,000 · grants $1,000 · revenue $297,800
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5032789
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $1,204,380
- Income (IRS master file)
- $241,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $241,644 | $4,375 | $1,204,380 | IRS |
| 990 | December 2024 | $151,508 | $5,700 | $1,052,448 | IRS |
| 990 | December 2023 | $42,008 | $13,125 | $901,303 | XML |
| 990 | December 2022 | $122,177 | $3,135 | $792,420 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 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 46-5032789).
Questions about KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC
- What is the EIN of KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC?
- The employer identification number (EIN) of KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC is 46-5032789.
- Is KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC 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 WAYNE CANCER & ELDER CARE FOUNDATION INC 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 AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does KOREAN AMERICAN WAYNE CANCER & ELDER CARE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $241,644, expenses of $4,375 and total assets of $1,204,380 at year end.
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