Nonprofit · EIN 88-1743363
KOREAN AMERICAN REALTY ASSOCIATION INC
Tax-exempt · FLUSHING, NY 11354
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990-EZ | $54,884 | $40,638 | $14,246 | $15,778 | $0 | $15,778 |
| March 31, 2025 | 990-EZ | $89,137 | $88,964 | $173 | $1,532 | $0 | $1,532 |
| March 31, 2024 | 990-EZ | $28,959 | $27,620 | $1,339 | $1,359 | $0 | $1,359 |
Financial details: 990-EZ for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $49,859
- Membership dues
- $5,025
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $712
- Printing, publications and postage
- $2,643
- Other expenses
- $37,283
- Program services (functional)
- $41,893
Balance sheet and other
- Total assets, start of year
- $1,532
- Total assets, end of year
- $15,778
- Total liabilities, end of year
- $0
- Net assets, end of year
- $15,778
- Cash, savings and investments
- $15,778
- Gross receipts
- $54,884
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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANG HO LEE | DIRECTOR | 5 | $0 |
| KWAN HO YUN | DIRECTOR | 5 | $0 |
| JAY YUN | DIRECTOR | 10 | $0 |
| CHARLES C CHOI | PRESIDENT | 10 | $0 |
990-EZ for the year ended March 31, 2025: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANG HO LEE | DIRECTOR | 5 | $0 |
| KWAN HO YUN | DIRECTOR | 5 | $0 |
| JAY YUN | PRESIDENT | 10 | $0 |
| YUN M PARK | VICE PRESIDENT | 10 | $0 |
990-EZ for the year ended March 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANG HO LEE | DIRECTOR | 5 | $0 |
| KWAN HO YUN | DIRECTOR | 5 | $0 |
| JAY YUN | PRESIDENT | 10 | $0 |
| YUN M PARK | VICE PRESIDENT | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 3717 UNION ST FL 2, FLUSHING, NY 11354-4159
- In care of
- % CHARLES C CHOI
- Signed the 990-EZ
- CHARLES C CHOI, PRESIDENT
- Phone
- (917) 992-3377
- Return prepared by
- HYUNDAE TAX & ACCOUNTING INC
Mission
REALTORS EDUCATION SEMINARS TO ENHANCE MORAL CONDUCTS.
Program accomplishments
- REAL ESTATE AGENTS EDUCATION SEMINARS.Expenses $4,710
- REAL ESTATE AGENTS YEAR END PARTYExpenses $36,223
- REAL ESTATE AGENTS LIBOR EDUCATIONExpenses $960
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990-EZ on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-EZ on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-1743363
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2024
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $15,778
- Income (IRS master file)
- $54,884
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | March 2026 | $54,884 | $40,638 | $15,778 | XML |
| 990-EZ | March 2025 | $89,137 | $88,964 | $1,532 | XML |
| 990-EZ | March 2024 | $28,959 | $27,620 | $1,359 | XML |
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 88-1743363).
Questions about KOREAN AMERICAN REALTY ASSOCIATION INC
- What is the EIN of KOREAN AMERICAN REALTY ASSOCIATION INC?
- The employer identification number (EIN) of KOREAN AMERICAN REALTY ASSOCIATION INC is 88-1743363.
- Is KOREAN AMERICAN REALTY ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2024.
- Are donations to KOREAN AMERICAN REALTY ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KOREAN AMERICAN REALTY ASSOCIATION 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 REALTY ASSOCIATION INC due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KOREAN AMERICAN REALTY ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended March 2026.
- Who are the officers and directors of KOREAN AMERICAN REALTY ASSOCIATION INC?
- The 990-EZ for the year ended March 31, 2026 lists 4 people; 0 received compensation from the organization.
- How much revenue does KOREAN AMERICAN REALTY ASSOCIATION INC have?
- On its 990-EZ for the year ended March 31, 2026 it reported revenue of $54,884, expenses of $40,638 and total assets of $15,778 at year end.
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