Civic Intelligence

Hawaii Korean Chamber of Commerce

EIN 23-7370901 • 501(c)4 • Honolulu, HI

Profile

To enhance business opportunities for our members by promoting korean business diversity and growth, creating economic vitality within hawaii and internationally.

PO Box 2296Honolulu, HI 96804

www.hkccweb.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

4th percentile

-527%

Higher net margin than 4% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

14th percentile

-65%

Faster asset growth than 14% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-62%

Faster revenue growth than 13% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$46,518

Down $84,527 (-65%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$46,518

Down $84,527 (-65%) from 2023

Revenue

Down

$16,027

Down $25,670 (-62%) from 2023

Expenses

Up

$100,555

Up $76,484 (+318%) from 2023

Net Income

Down

-$84,528

Down $102,154 (-580%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2014: $159,707Net Assets 2014: $159,7072014Assets 2015: $172,409Net Assets 2015: $172,4092015Assets 2016: $211,977Net Assets 2016: $211,9772016Assets 2017: $125,617Net Assets 2017: $125,6172017Assets 2018: $142,545Net Assets 2018: $142,5452018Assets 2019: $117,373Net Assets 2019: $117,3732019Assets 2020: $121,452Net Assets 2020: $121,4522020Assets 2021: $114,989Net Assets 2021: $114,9892021Assets 2022: $113,419Liabilities 2022: $0Net Assets 2022: $113,4192022Assets 2023: $131,045Net Assets 2023: $131,0452023Assets 2024: $46,518Net Assets 2024: $46,5182024

Highlighted filing

2024

Assets$46,518
Liabilities-
Net Assets$46,518

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $121,758Expenses 2014: $112,937Net Income 2014: $8,8212014Revenue 2015: $150,187Expenses 2015: $137,485Net Income 2015: $12,7022015Revenue 2016: $168,182Expenses 2016: $128,614Net Income 2016: $39,5682016Revenue 2017: $108,468Expenses 2017: $189,687Net Income 2017: -$81,2192017Revenue 2018: $40,467Expenses 2018: $23,539Net Income 2018: $16,9282018Revenue 2019: $115,897Expenses 2019: $141,068Net Income 2019: -$25,1712019Revenue 2020: $13,795Expenses 2020: $9,716Net Income 2020: $4,0792020Revenue 2021: $2,245Expenses 2021: $8,708Net Income 2021: -$6,4632021Revenue 2022: $224,068Expenses 2022: $225,638Net Income 2022: -$1,5702022Revenue 2023: $41,697Expenses 2023: $24,071Net Income 2023: $17,6262023Revenue 2024: $16,027Expenses 2024: $100,555Net Income 2024: -$84,5282024

Highlighted filing

2024

Revenue$16,027
Expenses$100,555
Net Income-$84,528

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 20, 2025
Return Version
2024v5.0
Gross Receipts
$16,027
Mission and Program Overview

Mission

To enhance business opportunities for our members by promoting korean business diversity and growth, creating economic vitality within hawaii and internationally.

Program Services

DescriptionGrantsExpenses
THE ANNUAL KOREAN FESTIVAL IS ONE OF THE PREMIER CULTURAL EVENTS IN HAWAII, BRINGING TOGETHER A BROAD ARRAY OF LOCAL BUSINESSES, COMMUNITY GROUPS AND INDIVIDUAL VOLUNTEERS FROM THE KOREAN COMMUNITY IN A JOINT CELEBRATION OF THEIR UNIQUE HERITAGE.$88,700$91,117
HKCC PARTICIPATES IN THE ANNUAL STATE OF HAWAII DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM (DBEDT) BUSINESS TRADE MISSION TO SOUTH KOREA. THE GOAL OF THE MISSION IS TO BROADEN AND DEEPEN HAWAII'S RELATIONSHIP WITH KOREA IN THE AREAS OF GOVERNMENT, BUSINESS, EDUCATION, TOURISM, ARCHITECTURAL AND TOURISM DEVELOPMENT SERVICES, TECHNOLOGY, AND CULTURE AND THE ARTS.-$2,268
THE HAWAII KOREAN CHAMBER OF COMMERCE (HKCC) MEMBERSHIP ENCOMPASSES A BROAD CROSS-SECTION OF BUSINESSES, PROFESSIONALS, AND ENTREPRENEURS. HKCC PROMOTES BUSINESS DEVELOPMENT, TRADE, AND TOURISM BETWEEN HAWAII AND KOREA THROUGH NON-RECURRING INNOVATIVE PROGRAMS NOT PREVIOUSLY LISTED.-$375
HKCC HOLDS NUMEROUS FINANCIAL PLANNING SEMINARS EACH YEAR FOR THE KOREAN COMMUNITY THROUGH THE HELP OF ITS DIRECTORS AND MEMBERS, WHO REPRESENT FIRMS SUCH AS MORGAN STANLEY DEAN WITTER, MERRILL LYNCH, AXA, AND EDWARD JONES. HKCC ALSO BENEFITS KOREAN SENIOR CITIZENS WITH SPECIAL SEMINARS, SUCH AS THE AARP SEMINAR ON MEDICARE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GINA K NAKAMURAPresident-$0--
KYONG WON OHVice-Preside-$0--
GRACE OGAWASecretary-$0--
RYAN HAMADONTreasurer-$0--
KAREN CHOEDirector-$0--
DAEJIN KIMDirector-$0--
JASON NAMDirector-$0--
KIMBERLY PAFUNDIDirector-$0--
SHANNON KIM HACKETTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hawaii Korean Chamber of Commerce
EIN
23-7370901
Phone
8085233393
Address
PO BOX 2296, HONOLULU, HI 96804

Signing Officer

Name
Gina K Nakamura
Title
President
Phone
8085443581
Signed
2025-08-20
Discuss with paid preparer
Yes

Preparer

Firm
Tatsuguchi CPA LLC
Address
1314 S KING ST STE 309, HONOLULU, HI 96814
Preparer
Reid Tatsuguchi
Phone
8085892100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: hawaii korean chamber of commerce address: p.o. Box 2296 honolulu, hi 96814 cash contribution: 88,700

Form 990-ez, Part I, Line 16

Expenses information technology 306 travel 457 travel 2,268 conference, meetings 1,240 insurance 877 memberships & dues 435 supplies 323 total 5,906

Form 990-ez, Part II, Line 24

Loan to hkcc foundation 39,400 0 total 39,400 0

Form 990-ez, Part III

To enhance business opportunities for our members by promoting korean business diversity and growth, creating economic vitality within hawaii and internationally.

Form 990-ez, Part III, Line 28

The annual korean festival is one of the premier cultural events in hawaii, bringing together a broad array of local businesses, community groups and individual volunteers from the korean community in a joint celebration of their unique heritage.

Form 990-ez, Part III, Line 29

Hkcc participates in the annual state of hawaii department of business, economic development and tourism (dbedt) business trade mission to south korea. The goal of the mission is to broaden and deepen hawaii's relationship with korea in the areas of government, business, education, tourism, architectural and tourism development services, technology, and culture and the arts.

Form 990-ez, Part III, Line 30

Hkcc holds numerous financial planning seminars each year for the korean community through the help of its directors and members, who represent firms such as morgan stanley dean witter, merrill lynch, axa, and edward jones. Hkcc also benefits korean senior citizens with special seminars, such as the aarp seminar on medicare.

Form 990-ez, Part III, Line 31

The hawaii korean chamber of commerce (hkcc) membership encompasses a broad cross-section of businesses, professionals, and entrepreneurs. Hkcc promotes business development, trade, and tourism between hawaii and korea through non-recurring innovative programs not previously listed.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: HAWAII KOREAN CHAMBER OF COMMERCE ADDRESS: P.O. BOX 2296 HONOLULU, HI 96814 CASH CONTRIBUTION: 88,700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INFORMATION TECHNOLOGY 306 TRAVEL 457 TRAVEL 2,268 CONFERENCE, MEETINGS 1,240 INSURANCE 877 MEMBERSHIPS & DUES 435 SUPPLIES 323 TOTAL 5,906
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