KOREAN AMERICAN REALTY ASSOCIATION INC: Form 990EZ, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- KOREAN AMERICAN REALTY ASSOCIATION INC (EIN 88-1743363)
- Tax period
- 2025-04-01 to 2026-03-31
- Filed
- 2026-08-13
- IRS object ID
- 202602259349201520
- Schema version
- 2025v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-08-13T16:17:40-05:00 | ReturnTs |
| Tax Period End | 2026-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 844699718 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HYUNDAE TAX & ACCOUNTING INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 153-02A NORTHERN BLVD | AddressLine1Txt |
| City | FLUSHING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11354 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2025-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 881743363 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KOREAN AMERICAN REALTY ASSOCIATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CHARLES C CHOI | InCareOfNm |
| Business Name Control | KORE | BusinessNameControlTxt |
| Phone | 9179923377 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 37-17 UNION ST STE 2FL | AddressLine1Txt |
| City | Flushing | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11354 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES C CHOI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9179923377 | PhoneNum |
| Signature | 2026-08-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WUHYOK LEE | PreparerPersonNm |
| PTIN | P00571704 | PTIN |
| Phone | 9177172891 | PhoneNum |
| Preparation | 2026-08-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Gross Receipts | $54,884 | GrossReceiptsAmt |
| Contributions Gifts Grants Etc | $49,859 | ContributionsGiftsGrantsEtcAmt |
| Membership Dues | $5,025 | MembershipDuesAmt |
| Total Revenue | $54,884 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $712 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $2,643 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $37,283 | OtherExpensesTotalAmt |
| Total Expenses | $40,638 | TotalExpensesAmt |
| Excess Or Deficit For Year | $14,246 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $1,532 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,778 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,532 | BOYAmt |
| EOY | $15,778 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,532 | BOYAmt |
| EOY | $15,778 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,532 | BOYAmt |
| EOY | $15,778 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | REALTORS EDUCATION SEMINARS TO ENHANCE MORAL CONDUCTS. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|
| REAL ESTATE AGENTS EDUCATION SEMINARS. | $4,710 |
| REAL ESTATE AGENTS YEAR END PARTY | $36,223 |
| REAL ESTATE AGENTS LIBOR EDUCATION | $960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $41,893 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| SANG HO LEE | ||||
| DIRECTOR | 5.00 | $0 | $0 | $0 |
| KWAN HO YUN | ||||
| DIRECTOR | 5.00 | $0 | $0 | $0 |
| JAY YUN | ||||
| DIRECTOR | 10.00 | $0 | $0 | $0 |
| CHARLES C CHOI | ||||
| PRESIDENT | 10.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES C CHOI | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 37-17 UNION ST | AddressLine1Txt |
| City | FLUSHING | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11354 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5164583346 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | Yes (true) | TanningServicesProvidedInd |
| Form720 Filed | false | Form720FiledInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I Line 16 | Advertising and promotion $3305.00 |
| Part I Line 16 | Information technology $2944.00 |
| Part I Line 16 | Conferences, conventions, and meetings $30534.00 |
| Part I Line 16 | Payments to affiliates $500.00 |
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