The Korean American Seniors Association Of Chicagoland Inc in Chicago, Illinois (IL)
Table of contents:
| The Korean American Seniors Association Of Chicagoland Inc | |
| Employer Identification Number (EIN) | 363428296 |
| Name of Organization | The Korean American Seniors Association Of Chicagoland Inc |
| Address | 4344 W Lawrence Ave, Chicago, IL 60630-2644 |
| Activities | Other inner city or community benefit activities |
| Subsection | Charitable Organization |
| Ruling Date | 01/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $239,416 |
| Amount of Income | $18,058 |
| Form 990 Revenue Amount | $18,058 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General) |
Non-representatives - add comments:
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $12,804 | $14,950 |
| Contributions, gifts, grants, and similar amounts received | $3,150 | $2,734 |
| Program service revenue including government fees and contracts | $0 | $1,346 |
| Membership dues and assessments | $9,654 | $10,832 |
| Investment income | $0 | $38 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $31,785 | $15,474 |
| Total net assets | $176,646 | $141,694 |
| Excess/Deficit for the year | $-18,981 | $-524 |
| Net assets or fund balances at beginning of year | $195,627 | $146,235 |
| Other changes in net assets or fund balances | $0 | $-4,017 |
| Net assets or fund balances at end of year | $176,646 | $141,694 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $276,646 | $242,141 |
| Total liabilities | $100,000 | $100,447 |
| Net assets or fund balances | $176,646 | $141,694 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $438,837 |
| Subtotal | $438,837 |
| Gifts, grants, contributions, and membership fees received | $438,837 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $438,837 |
| Public support | $438,837 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | The Juvenile Justice Initiative | 518 Davis St Ste 211, Evanston, IL 60201-4624 | IL | 2002-07 | $332,148 |
| 2 | The Kalo Foundation Of Park Ridge | 255 N Northwest Hwy, Park Ridge, IL 60068-3343 | IL | 2007-03 | $110,475 |
| 3 | The Karla Scherer Foundation | 737 N Michigan Ave Ste 2330, Chicago, IL 60611-2680 | IL | 1990-01 | $249,906 |
| 4 | The King Family Foundation | 1415 W 22nd St Ste 400, Oak Brook, IL 60523-2023 | IL | 1995-03 | $14,678,422 |
| 5 | The Kings Daughters Childrens Home, Dba New Horizons Counseling Center | 34 N Whistler Ave, Freeport, IL 61032-4069 | IL | 1941-10 | $2,376,749 |
| 6 | The Kipper Family Foundation | C/O B Pitstick 20 N Martingale Rd, Schaumburg, IL 60173 | IL | 1960-09 | $44 |
| 7 | The Kiwanis Club Of Greater Chicago Ekiwanis Foundation | PO BOX 957021, Hoffman Est, IL 60195-7021 | IL | 2007-08 | $6,729 |
| 8 | The Kjellstrom Family Foundation | 5901 Churchview Dr, Rockford, IL 61107-6105 | IL | 2005-01 | $1,393,135 |
| 9 | The Knee Society Inc | 6300 N River Rd Ste 727, Rosemont, IL 60018-4238 | IL | 1985-06 | $549,340 |
| 10 | The Korean American School Of Heritage & Culture, Little Ol Korea | 2241 White Oak Dr, Northbrook, IL 60062-6359 | IL | 2006-11 | $84,255 |
| 11 | The Korean American Seniors Association Of Chicagoland Inc | 4344 W Lawrence Ave, Chicago, IL 60630-2644 | IL | 1994-01 | $18,058 |
| 12 | The Kreilick Family Foundation Inc | 155 N Harbor Dr Apt 1908, Chicago, IL 60601-5003 | IL | 2000-01 | $404,064 |
| 13 | The Kusinski Family Foundation, Heather K White Ttee | 1938 E Lincoln Hwy Ste 210, New Lenox, IL 60451-3846 | IL | 2009-02 | $127,242 |
| 14 | The Kwame Nkrumah Academy Inc | 314 W 108th St, Chicago, IL 60628-3332 | IL | 2008-06 | $2,378,285 |
| 15 | The Lakeside Cemetery Association Of Libertyville Lake County | PO BOX 500, Libertyville, IL 60048-0500 | IL | 1999-04 | $121,631 |
| 16 | The Lane School Parent-Teacher Organization Of Hinsdale | C/O C Godfrey 500 N Elm Street, Hinsdale, IL 60521 | IL | 1996-01 | $116,005 |
| 17 | The Lawn Institute Foundation | 2 E Main St, East Dundee, IL 60118-1322 | IL | 1994-01 | $288,081 |
| 18 | The Lawyers Club Of Chicago | PO BOX 2902, Chicago, IL 60690-2902 | IL | 1983-03 | $60,622 |
| 19 | The Lazzara Family Foundation | 7951 Drew Ave, Burr Ridge, IL 60527-5932 | IL | 1983-09 | $1,922,819 |
| 20 | The Learning Center House Of Connections | 2153 S Millard Ave, Chicago, IL 60623-3162 | IL | 1988-10 | $131,295 |
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