Overview

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Est.

1996

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Korean American Insurance & Financial Professional Association (EIN: 95-4587632) is a nonprofit organization dedicated to promoting business and providing essential resources to the Korean community, primarily through the publication of a consumer insurance guidebook in the Korean language and newsletters for its members. With an operating budget of $136.8K and total revenue of $114.3K for the 2024 filing year, the organization appears to rely heavily on a single funder, which contributed $142.3K. More information can be found on their website at www.kaifpa.org.

Mission Statement

PUBLICATION OF CONSUMER INSURANCE GUIDE BOOK IN KOREAN LANGUAGE FOR BENEFIT OF KOREAN COMMUNITY IN GENERAL. PUBLICATION OF NEWSLETTERS TO MEMBERS TO PROVIDE FORUM AND INFORMATION
Revenues
$114.3K
Expenses
$136.8K
Net Income:
-$22.4K
Assets
$26.9K
Liabilities
$0
Net Assets:
+$26.9K
Operating Budget
$136.8K
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
$1K
Largest grant received
$1K
J
Jane Shin
Board Member
B
Billy Woo
Board Member
D
Daewoo Lee
Board Member

Frequently Asked Questions

What is KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION’s budget?
In 2024, KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION reported an annual operating budget of around $137 thousand. More detailed financial information is available to registered users.
What causes does KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION support?
KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION supports work in Insurance and Business promotion.
Where does KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION operate?
KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION is headquartered in Los Angeles, CA.
Who funded KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION recently?
In 2022, KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION received grants from SEOUL MEDICAL CHARITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION received in 2022?
The largest grant to KOREAN AMERICAN INSURANCE &FINANCIAL PROFESSIONAL ASSOCIATION in 2022 exceeds $1,000.