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The Korea Society

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

EIN: 521714111 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Korea Society?

The Korea Society is a renowned nonprofit organization situated in New York. Its primary mission is to foster a deeper understanding and cooperation between the United States and South Korea. They achieve this goal through strategic policy programs and internationally acclaimed media initiatives. By doing so, they aim to strengthen the bond of awareness and mutual understanding between the two nations. Their initiatives have gained recognition for their significant contribution to US-Korea relations.


Official website here: www.koreasociety.org

Is The Korea Society legitimate?

The Korea Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Korea Society 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: $309,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $945,610

For more financial information, click here


Official website here: www.koreasociety.org

What is the mission statement of The Korea Society?

The Korea Society's mission is centered around enhancing the relationship between the United States and Korea. Through policy programs and internationally acclaimed media initiatives, it works towards fostering awareness, understanding, and cooperation between the two nations. This organization serves as a bridge, promoting mutual understanding and collaboration to strengthen the bond between these two significant entities.


Official website here: www.koreasociety.org

Who is the CEO of The Korea Society?

Thomas Byrne is the Chair of The Korea Society. The CEO's salary of The Korea Society is $292,112 and their total compensation is $309,682.


Official website here: www.koreasociety.org

What is the revenue of The Korea Society?

The Korea Society's revenue in 2022 was $5,439,144.


Official website here: www.koreasociety.org

Who are the executives of The Korea Society and what are their salaries?

The average compensation at The Korea Society during 2022 was $54,578. There are 23 employees and 46 volunteers at The Korea Society.

Here are 32 key members and their salaries (The Korea Society's CEO's salary is $292,112 and their total compensation is $309,682):

    Thomas J Byrne (President And Ceo)
  • Compensation: $292,112
  • Related: $0
  • Other: $17,570

    • Jiyoung Suh (Senior Director Of Development)
  • Compensation: $108,298
  • Related: $0
  • Other: $24,686

    • Kathleen Stephens (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carter Booth (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Young Choi (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Byeong Chan Bai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Bratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Young Ht Cho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jun Choi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyoungsik Choi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Do (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Greenwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ji Hoon Hong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas C Hubbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Song K Jung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abraham Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hae-Young Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mee Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sangjun Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Lippert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tami Overby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chong-Yun Park (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William R Rhodes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • General Walter Sharp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip D Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yong Sohn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gene Yoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tae-Bong Yoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.koreasociety.org

    Where can I find the form 990 for The Korea Society?

    The The Korea Society’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.koreasociety.org

    Learn more at the official website: www.koreasociety.org

    Mission Statement of The Korea Society

    The Korea Society, a notable organization, works diligently to enhance the connections between the United States and Korea. It achieves this mission by fostering awareness, understanding, and cooperation through strategic policy programs and renowned media initiatives based in New York City. This nonprofit organization plays a crucial role in bridging the gap between these two nations, promoting mutual respect and collaboration.

    Impact

    This information is meant to be a general summary of The Korea Society. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Korea Society plays a vital role in strengthening the bonds of awareness, understanding, and cooperation between the US and Korea. Through its policy programs and internationally recognized media initiatives in New York, The Korea Society effectively promotes US-Korea relations and fosters cross-cultural understanding. Its impact can be seen in the enhancement of bilateral cooperation and mutual understanding between the two countries, contributing to a more harmonious and productive relationship on the international stage.





    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 2022.

  • Investment Income: $1,966,847
  • Program Service Revenue: $281,177
  • Gross Receipts: $7,338,351

    • Assets and Liabilities:
  • Total Assets: $27,540,832
  • Total Liabilities: $4,062,367
  • Net Assets: $23,478,465
  • Programs

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

    KOREAN STUDIES

    Revenue

    $275,787

    POLICY

    Revenue

    $3,485

    CORPORATE

    Revenue

    $1,305

    ARTS & CULTURE

    Revenue

    $600

    Organization Details

    Founding Year

    1990

    Principal Officer

    Thomas Byrne

    Main Address

    350 MADISON AVENUE 24TH FLOOR, NEW YORK, NY, 10017

    NTEE Category

    Code: Q200 - International

    If you are a representative of The Korea Society and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.