Form 990, Part VI, Section B, Line 11B
“Page 6, part vi, line 10 - the executive director and board review the form 990 before it is finalized.”
990 • Fiscal year 2023 • EIN 23-2303766
Scores are not available for this record yet.
Assets
Down$5,233,437
Down $64,675 (-1.2%) from 2022
Net Assets
Up$5,163,483
Up $103,249 (+2.0%) from 2022
Liabilities
Down$69,954
Down $167,924 (-71%) from 2022
Revenue
Down$1,710,276
Down $229,905 (-12%) from 2022
Expenses
Up$1,447,593
Up $258,305 (+22%) from 2022
Net Income
Down$262,683
Down $488,210 (-65%) from 2022
Provide the members of our community with the support services that they need to achieve personal growth and pursue community growth. To that end, kcdsc is designed as a one-stop center, serving the needs of newly-arrived immigrants and refugees as well as other low-income and/or minority groups. Kcdsc offers a wide array of free or low cost services to these community members including childcare, after school tutoring, social services for elderly, housing counseling, housing development, business corridor revitalization, and legal and immigration assistance.
Korean community development services center's (kcdsc) mission is to provide the members of our community with support services that they need to achieve personal growth and pursue community growth. Kcdsc also provides services to newly-arrived immigrants and refugees as well as other low income and/or minority group.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,909,652 | $4,019,298 | ▲ $1,109,646 |
| Accounts Receivable | $207,005 | $328,224 | ▲ $121,219 |
| Cash and Non-Interest-Bearing Accounts | $512,839 | $174,128 | ▼ $338,711 |
| Total Assets | $5,298,112 | $5,233,437 | ▼ $64,675 |
| Other Assets Total | $1,668,616 | $711,787 | ▼ $956,829 |
| Liabilities | |||
| Other Liabilities | $235,862 | $69,954 | ▼ $165,908 |
| Mortgage Notes Payable Secured by Investment Property | $2,016 | $0 | ▼ $2,016 |
| Total Liabilities | $237,878 | $69,954 | ▼ $167,924 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $5,059,155 | $5,163,483 | ▲ $104,328 |
| Net Assets With Donor Restrictions | $1,079 | $0 | ▼ $1,079 |
| Total Net Assets Fund Balance | $5,060,234 | $5,163,483 | ▲ $103,249 |
| Total Liabilities and Net Assets / Fund Balance | $5,298,112 | $5,233,437 | ▼ $64,675 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,402,849 | $1,352,176 | $4,755,025 |
| Leasehold Improvements | $483,663 | $206,324 | $689,987 |
| Equipment | $64,537 | $324,687 | $389,224 |
| Land | $68,249 | - | $68,249 |
| Other Assets Org | $5,626 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Dr Jin H Yu | President/executive Direct | PT | $30,000 | $30,000 |
| Name | Title |
|---|---|
| Donald Yu | Board Chair |
| Jim Cho | Board Chair |
| Donald Stafford | Board Member |
| Dr Chung Wha Lee Iyengar | Board Member |
| Jim Reed | Board Member |
| Shirley Gregory | Board Member & Amp Secreta |
| Jay W Kang | Secretary and Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $855,072 |
| Salaries, Compensation, and Employee Benefits | $592,521 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $288,286 | $252,607 | - | $540,893 |
| Depreciation Depletion | $165,502 | - | - | $165,502 |
| Insurance | $102,992 | $17,624 | - | $120,616 |
| Fees for Services Other | $57,870 | $14,298 | - | $72,168 |
| Other Expenses | $69,795 | $269 | - | $69,795 |
| All Other Expenses | $67,534 | $1,031 | - | $68,565 |
| Payroll Taxes | $31,710 | $19,918 | - | $51,628 |
| Fees for Services Accounting | $432 | $39,540 | - | $39,972 |
| Office Expenses | $29,182 | $510 | - | $29,692 |
| Conferences and Meetings | $6,252 | $61 | - | $6,313 |
| Occupancy | - | $2,376 | - | $2,376 |
| Interest | - | $2,203 | - | $2,203 |
| Travel | $1,560 | - | - | $1,560 |
| Advertising | $40 | - | - | $40 |
| Total Functional Expenses | $1,097,156 | $350,437 | $0 | $1,447,593 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,447,593 |
| Total Expenses per Audited Statements | $1,447,593 |
| Total Expenses per Form 990 | $1,447,593 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Security Deposits | $58,170 |
| Accrued Payroll | $8,369 |
| Note Payable - Current Portion | $3,415 |
“Page 6, part vi, line 10 - the executive director and board review the form 990 before it is finalized.”
“The annual budget, which included compensation, is approved by the board.”
“Page 6, part c, line 19 - kcdsc makes its governing documents and financial statements available in paper form to the public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | KOREAN COMMUNITY DEVELOPMENT SERVICES CENTER'S (KCDSC) MISSION IS TO PROVIDE THE MEMBERS OF OUR COMMUNITY WITH SUPPORT SERVICES THAT THEY NEED TO ACHIEVE PERSONAL GROWTH AND PURSUE COMMUNITY GROWTH. KCDSC ALSO PROVIDES SERVICES TO NEWLY-ARRIVED IMMIGRANTS AND REFUGEES AS WELL AS OTHER LOW INCOME AND/OR MINORITY GROUP. |
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| IRS990/Desc | 0 | DAYCARE CENTER PROGRAM- KCDSC PROVIDES EXTENDED DAY CARE FOR CHILDREN OF IMMIGRANTS AS WELL AS OTHER LOW INCOME FAMILIES. THIS PROGRAM ALSO OFFERS A PRESCHOOL PROGRAM. |
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| IRS990/MissionDesc | 0 | PROVIDE THE MEMBERS OF OUR COMMUNITY WITH THE SUPPORT SERVICES THAT THEY NEED TO ACHIEVE PERSONAL GROWTH AND PURSUE COMMUNITY GROWTH. TO THAT END, KCDSC IS DESIGNED AS A ONE-STOP CENTER, SERVING THE NEEDS OF NEWLY-ARRIVED IMMIGRANTS AND REFUGEES AS WELL AS OTHER LOW-INCOME AND/OR MINORITY GROUPS. KCDSC OFFERS A WIDE ARRAY OF FREE OR LOW COST SERVICES TO THESE COMMUNITY MEMBERS INCLUDING CHILDCARE, AFTER SCHOOL TUTORING, SOCIAL SERVICES FOR ELDERLY, HOUSING COUNSELING, HOUSING DEVELOPMENT, BUSINESS CORRIDOR REVITALIZATION, AND LEGAL AND IMMIGRATION ASSISTANCE. |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 657464 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | HOUSING DEVELOPMENT - KCDSC ACQUIRES RESIDENTIAL PROPERTIES AND RENTS THE PROPERTIES TO IMMIGRANTS AND OTHER LOW INCOME FAMILIES. |
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| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 657464 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | ALL OTHER PROGRAMS - KCDSC OFFERS VARIOUS OTHER SERVICES TO THE ASIAN-AMERICAN IMMIGRANTS, SUCH AS: BILINGUAL AND CITIZENSHIP EDUCATION, SOCIAL SECURITY AND MEDICAID SERVICES, AND HOUSING REFERRALS FOR LOW-INCOME HOUSING. |
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| IRS990/PYExcessBenefitTransInd | 0 | 0 |
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| IRS990/PYOtherExpensesAmt | 0 | 640088 |
| IRS990/PYOtherRevenueAmt | 0 | 23469 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1749283 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 750893 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 549200 |
| IRS990/PYTotalExpensesAmt | 0 | 1189288 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1940181 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 262683 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 853894 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 180866 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 167075 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 593475 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 170465 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 263895 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1375776 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 143 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 354 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 22 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 534 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 626 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 16506 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 108792 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1168 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17143 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 144235 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.90480 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.92310 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1375776 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 180866 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 167075 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 593475 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 170465 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 263895 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1375776 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1520545 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3402849 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1352176 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4755025 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 64537 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 324687 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 389224 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1447593 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 68249 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 68249 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 483663 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 206324 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 689987 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 49142 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 629184 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 26835 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 1000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 5626 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | PREPAID INSURANCE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | HOUSING DEVELOPMENT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | PREPAID EXPENSES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | 6279188 CBANKCREDITLINE 5/28/15 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | ACCRUED EXPENSES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 8369 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 58170 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 3415 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED PAYROLL |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | NOTE PAYABLE - CURRENT PORTION |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1710276 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 4019298 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 711787 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1447593 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 69954 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1710276 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1710276 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1447593 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PAGE 6, PART VI, LINE 10 - THE EXECUTIVE DIRECTOR AND BOARD REVIEW THE FORM 990 BEFORE IT IS FINALIZED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ANNUAL BUDGET, WHICH INCLUDED COMPENSATION, IS APPROVED BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PAGE 6, PART C, LINE 19 - KCDSC MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE IN PAPER FORM TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | PA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 5298112 |
| IRS990/TotalAssetsEOYAmt | 0 | 5233437 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 5298112 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5233437 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 180866 |
| IRS990/TotalEmployeeCnt | 0 | 26 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 350437 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1097156 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1447593 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 237878 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 69954 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 237878 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 69954 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 5060234 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 5163483 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1097156 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1511358 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 30000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 18052 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1511358 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1710276 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 2 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 5298112 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 5233437 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 1560 |
| IRS990/TravelGrp/TotalAmt | 0 | 1560 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.