Korean American Community Housing Services Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382517932 ✦ Milford, MI ✦ Designated as a 501(c)(3)

Overview

What is Korean American Community Housing Services Inc?

Korean American Community Housing Services Inc is a nonprofit organization that dedicates its efforts to supporting senior citizens. Their primary mission is to provide financial assistance for rental payments, ensuring affordability and stability for elderly residents. In the city of Wayne, Michigan, they have established 80 units of housing specifically designed for senior citizens. By offering this service, they contribute to the well-being and independence of senior citizens in their community.


Is Korean American Community Housing Services Inc legitimate?

Korean American Community Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean American Community Housing Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,049

For more financial information, click here


What is the mission statement of Korean American Community Housing Services Inc?
Who is the CEO of Korean American Community Housing Services Inc?
What is the revenue of Korean American Community Housing Services Inc?
Who are the executives of Korean American Community Housing Services Inc and what are their salaries?
Where can I find the form 990 for Korean American Community Housing Services Inc?

Mission Statement of Korean American Community Housing Services Inc

Korean American Community Housing Services Inc, a nonprofit organization, is dedicated to supporting senior citizens. Their primary mission is to provide rental payments, ensuring that elderly individuals can maintain stable housing. Through their initiatives, they have successfully provided 80 units of housing in the city of Wayne, Michigan, specifically tailored for senior citizens. By offering this vital service, Korean American Community Housing Services Inc is making a significant impact in the lives of elderly individuals, enabling them to age with dignity and security.

Impact

This information is meant to be a general summary of Korean American Community Housing Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Korean American Community Housing Services Inc has made a significant impact by providing rental payments for seniors. They have successfully provided 80 units of housing in the city of Wayne, Michigan, specifically for senior citizens in need. This initiative has directly contributed to improving the quality of life for seniors in the community by ensuring they have safe and affordable housing options.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $704
  • Program Service Revenue: $851,315
  • Gross Receipts: $877,284

    • Assets and Liabilities:
  • Total Assets: $2,000,555
  • Total Liabilities: $3,151,229
  • Net Assets: -$1,150,674
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT ASSISTANCE PAYM

    Revenue

    $565,964

    RENT REVENUE

    Revenue

    $219,632

    SERVICE COORDINATOR IN

    Revenue

    $62,777

    LAUNDRY AND VENDING RE

    Revenue

    $2,446

    TENANT CHARGES

    Revenue

    $496

    Organization Details

    Founding Year

    1984

    Principal Officer

    Jin Sang Kim

    Main Address

    950 CORPORATE OFFICE DRIVE 200, MILFORD, MI, 48381

    NTEE Category

    Code: L22 - Housing

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