Public Charity

KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC

KOREAN AMERICAN MEDICAL ASSOCIATION OF USA INC, of ENGLEWOOD CLIFFS, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $480K in revenue, $379K in expenses, $199K in total assets. 3 publicly reported grants to this organization, totaling roughly $100K, appear in IRS filings.

EIN: 823304552 ENGLEWOOD CLIFFS, NJ Latest filing: 2024
Total Revenue$480K
Total Expenses$379K
Total Assets$199K
Grant Records3
Funding Total$100K
Filing Years2019–2024

Mission

THE PURPOSES FOR WHICH THE CORPORATION IS FORMED ARE TO PROVIDE BOTH DOMESTIC AND FOREIGN SUPPORT TO DOCTORS, MEDICAL STUDENTS, AND OTHER HEALTHCARE PROVIDERS DESERVING OF ASSISTANCE. MORE SPECIFICALLY, THE PURPOSES OF THE CORPORATION SHALL INCLUDE THE FOLLOWING: (I) PROVIDING FUNDING AND SUPPORT TO DISADVANTAGED STUDENTS SEEKING AN EDCUATION IN THE MEDICAL FIELD; (II) SCHOLARSHIPS AND FELLOWSHIPS TO MEDICAL STUDENTS AND DOCTORS AND PROVIDING TRAINING THROUGH VARIOUS EXCHANGE PROGRAMS; (III) DISTRIBUTING MEDICAL EQUIPMENT, MATERIALS, AND SUPPLIES TO HEALTHCARE PROVIDERS IN NEED OF ASSISTANCE; (IV) SUPPORTING OTHER ORGANIZATIONS THAT PROVIDE THE FOREGOING SERVICES CONSISTENT WITH THE CORPORATIONS PURPOSES; AND (V) TO DO ANY OTHER ACT OR THING NECESSARY OR INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OR FINANCIAL GAIN OF ITS MEMBERS, IF ANY, DIRECTORS, OFFICERS, EXCEPT AS PERMITTED BY LAW.

Officers & Directors

DIRECTOR Brice Choi
CHAIRMAN Chester Koh
DIRECTOR Jennifer I Lee
PRESIDENT John H Won
DIRECTOR Kiro John Yun
DIRECTOR Michelle Kim

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY SUPPORT
$50,000 2 grants
Unspecified
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $480K $379K $199K
2023 $37K $86K $98K
2022 $237K $243K $147K
2020 $297K $40K $269K
2019 $325K $318K $7K

Between 2019 and 2024, reported annual revenue grew from $325K to $480K (+48%), with total assets most recently reported at $199K.

Interactive year-over-year charts and full filing details available with membership.

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