Overview

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Est.

1985

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Korean American Chamber of Commerce of Los Angeles (EIN: 95-3997999) is dedicated to promoting the general welfare of the Korean American business community in the Greater Los Angeles area. With an operating budget of approximately $796.9K and total revenue of $812K for the 2025 filing year, the organization relies on multiple funders, with no single source contributing 50% or more of its revenue. Its mission focuses on facilitating the interests and growth of its members within the local business landscape.

Mission Statement

TO PROMOTE THE GENERAL WELFARE OF THE KOREAN AMERICAN BUSINESS COMMUNITY IN THE GREATER LOS ANGELES AREA AND TO ENSURE AND FACILITATE THE INTERESTS AND GROWTH OF OUR MEMBERS
Revenues
$812K
Expenses
$796.9K
Net Income:
+$15.1K
Assets
$737.7K
Liabilities
$15K
Net Assets:
+$722.7K
Operating Budget
$796.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
D
Dongwan Douglas Chong
Board Member
Y
Yoon Jae Park
Board Member
M
Minseon Ko
Board Member

Frequently Asked Questions

What is KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES’s budget?
In 2025, KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES reported an annual operating budget of around $797 thousand. More detailed financial information is available to registered users.
What causes does KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES support?
KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES supports work in Business promotion.
Where does KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES operate?
KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES is headquartered in Los Angeles, CA.
Who funded KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES recently?
In 2023, KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES received grants from KOREAN AMERICAN FOUNDATION, SEOUL MEDICAL CHARITY FOUNDATION, and SAPPHIRE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES received in 2023?
The largest grant to KOREAN AMERICAN CHAMBER OF COMMERCE OF LOS ANGELES in 2023 exceeds $10 thousand.