Skip to main content

Nonprofit · EIN 84-3982396

KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC

Tax-exempt · WOBURN, MA 01801

Financials

$14K$15K2024
Revenue Expenses · by fiscal year end
Financials of KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$13,503$14,791-$1,288$10,685–$10,685
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,266
Membership dues
$8,276
Program service revenue
$0
Investment income
$0
Net income from fundraising events
-$39

Expenses

Grants and similar amounts paid
$4,135
Compensation of officers, directors and key employees
$0
Other expenses
$10,656
Program services (functional)
$7,827

Balance sheet and other

Total assets, start of year
$13,466
Total assets, end of year
$10,685
Total liabilities, end of year
–
Net assets, end of year
$10,685
Cash, savings and investments
$10,685
Gross receipts
$14,753

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
YOUNG SOO CHANGPRESIDENT12$0
BOMIN KIMTREASURER2$0
RICHARD KIMCLERK2$0
NIKKIE PARKVICE PRESIDENT2$0
RICHARD CHOIVICE PRESIDENT2$0
WOO SEOK YANGSECRETARY GENERAL2$0

Address and contacts

Address (IRS master file)
13 CAMPBELL ST, WOBURN, MA 01801-3605
Signed the 990-EZ
YOUNG SOO CHANG, PRESIDENT
Phone
(978) 994-0306
Return prepared by
BOSTON TAX INTERNATIONAL INC

Mission

TO SPREAD KOREAN CULTURE IN GREATER MASS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • KOREAN INDEPENDENCE DAY CELEBRATION - OVER 300 KOREANS GOT TOGETHER TOCELEBRATE KOREAN INDEPENDENCE DAY (8/15) WITH CEREMONIES, LUNCH, A SING-ALONGCONTEST, AND VARIOUS GAMES.
    Expenses $5,115
  • Korean Independence Movement Event we commemorated the March 1st Korean Independence Movement, educating participants and supporting Korean organizations through presentations and cultural activities.
    Expenses $1,462
  • KIMCHI FESTIVAL - OVER 400 KOREANS AND NON-KOREANS JOINED TO ENJOY KOREAN FOOD,LEARN TO MAKE KIMCHI, PARTICIPATE IN VARIOUS KOREAN FOLK GAMES, AND VIEW TAE KWONDO DEMONSTRATIONS AND TRADITIONAL KOREAN FAN DANCES. A CULTURAL EVENT TO SHOWCASE KOREAN FOOD AND CULTURE TO THE LOCALS.
    Expenses $1,250

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

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025Check at the IRS
2023April 30, 2024September 16, 2024Check at the IRS

IRS record

EIN
84-3982396
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
2020
Accounting year ends
April
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$10,685
Income (IRS master file)
$14,753

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$13,503$14,791$10,685XML
990-EZDecember 2022–––IRS
990-EZApril 2022–––IRS
990-EZApril 2021–––IRS
990-EZApril 2020–––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 84-3982396).

Questions about KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC

What is the EIN of KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC?
The employer identification number (EIN) of KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC is 84-3982396.
Is KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does KOREAN AMERICAN SOCIETY OF MASSACHUSETTS INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $13,503, expenses of $14,791 and total assets of $10,685 at year end.

Other nonprofits in WOBURN

All nonprofits in WOBURN · Massachusetts · Community improvement and capacity building