Nonprofit · EIN 93-1178266
OREGON KOREAN FOUNDATION
Tax-exempt · PORTLAND, OR 97223
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $27,854 | $66,462 | -$38,608 | $285,405 | $2,500 | $282,905 |
| June 30, 2024 | 990 | $65,347 | $54,877 | $10,470 | $323,513 | $2,000 | $321,513 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $23,056
- Program service revenue
- $3,025
- Investment income
- $1
- Net rental income
- $1,772
- Other revenue
- $1,772
Expenses
- Grants and similar amounts paid
- $24,370
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $900
- Occupancy
- $26,712
- Depreciation
- $9,634
- Program services (functional)
- $66,020
- Management and general (functional)
- $442
Balance sheet and other
- Total assets, start of year
- $323,513
- Total assets, end of year
- $285,405
- Total liabilities, end of year
- $2,500
- Net assets, end of year
- $282,905
- Land, buildings and equipment
- $256,276
- Net assets without donor restrictions
- $28,647
- Net assets with donor restrictions
- $254,258
- Gross unrelated business income
- $3,025
- Gross receipts
- $47,624
- Employees
- 0
- Volunteers
- 50
- State of legal domicile
- OR
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YONG KIM | CO-CHAIR Trustee or director, Officer | 5 | $0 |
| HYONG J YU | CO-CHAIR Trustee or director, Officer | 5 | $0 |
| GREG CALDWELL | SECRETARY Trustee or director, Officer | 5 | $0 |
| CHUCK YU | DIRECTOR Trustee or director | 5 | $0 |
| SUNG YI | DIRECTOR Trustee or director | 5 | $0 |
| SHARON KIM | DIRECTOR Trustee or director | 5 | $0 |
| KOICHI KIM | DIRECTOR Trustee or director | 5 | $0 |
| SUN HYE LEE | DIRECTOR Trustee or director | 5 | $0 |
| CASEY NAKATA | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YONG KIM | CO-CHAIR Trustee or director, Officer | 5 | $0 |
| HYONG J YU | CO-CHAIR Trustee or director, Officer | 5 | $0 |
| GREG CLAWELL | DIRECTOR Trustee or director | 5 | $0 |
| CHUCK YU | DIRECTOR Trustee or director | 5 | $0 |
| SUNG YI | DIRECTOR Trustee or director | 5 | $0 |
| SHARON KIM | DIRECTOR Trustee or director | 5 | $0 |
| KOICHI KIM | DIRECTOR Trustee or director | 5 | $0 |
| SUN HYE LEE | DIRECTOR Trustee or director | 5 | $0 |
| CASEY NAKATA | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 7650 SW 181ST AVE, PORTLAND, OR 97223-0000
- Principal officer (990 for 2024)
- YONG KIM
- Signed the 990
- YONG KIM, CO-CHAIR
- Phone
- (503) 314-4241
- Return prepared by
- BRIAN K KIM CPA PC
Mission
TO PROMOTE, PRESERVE AND SHARE THE KOREAN CULTURAL HERITAGE AND IMPROVE THE QUALITY OF LIFE FOR THE KOREAN AMERICAN COMMUNITIES IN OREGON AND SUPPORTING SUCH ORGANIZATIONS
Program accomplishments
- CONTRIBUTION TO OREGON COMMUNITY FOUNDATION TO PROMOTE ITS 501C(3) ACTIVITIESExpenses $21,370 · grants $21,370
- CONTRIBUTION TO KOREAN AMERICAN SOCIETY TO PROMOTE ITS 501C(3) PURPOSEExpenses $1,000 · grants $1,000
- CONTRIBUTION TO PORTLAND STATE UNIVERSITY TO PROMOTE ITS 501C(3) PURPOSEExpenses $2,000 · grants $2,000
- GRANTS WERE MADE IN ORDER TO ACCOMPLISH OKF'S 501C(3) PURPOSEExpenses $41,650
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 93-1178266
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $285,405
- Income (IRS master file)
- $47,624
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $27,854 | $66,462 | $285,405 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $65,347 | $54,877 | $323,513 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $52,392 | $72,381 | $313,043 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $92,573 | $85,487 | $333,034 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | $21,028 | $39,051 | $325,946 | IRS |
| 990-T | June 2021 | – | – | – | 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 93-1178266).
Questions about OREGON KOREAN FOUNDATION
- What is the EIN of OREGON KOREAN FOUNDATION?
- The employer identification number (EIN) of OREGON KOREAN FOUNDATION is 93-1178266.
- Is OREGON KOREAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to OREGON KOREAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OREGON KOREAN FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of OREGON KOREAN FOUNDATION 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 OREGON KOREAN FOUNDATION 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 OREGON KOREAN FOUNDATION?
- The 990 for the year ended June 30, 2025 names YONG KIM.
- Who are the officers and directors of OREGON KOREAN FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does OREGON KOREAN FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $27,854, expenses of $66,462 and total assets of $285,405 at year end.
Other nonprofits in PORTLAND
- SELF ENHANCEMENT INC EIN 93-1086629 · last filed 990 for 2025
- ALBINA HEAD START INC EIN 92-1069936 · last filed 990 for 2025
- ECOTRUST EIN 93-1050144 · last filed 990 for 2024
- MACDONALD CENTER EIN 93-1060938 · last filed 990 for 2024
- PORTLAND COMMUNITY REINVESTMENT INITIATIVES INC EIN 93-1059146 · last filed 990 for 2024
- GOLDEN BOND RESCUE OF OREGON INC EIN 93-1112566 · last filed 990 for 2025
- CAMPBELL INSTITUTE EIN 93-1095351 · last filed 990 for 2025
- PORTLAND CITY UNITED SOCCER CLUB INC EIN 93-1079241 · last filed 990 for 2026