Skip to content
Nonprofiteer
← KOREAN WOMENS ASSOCIATION

Form 990 for tax year 2022

Filed by KOREAN WOMENS ASSOCIATION.

Totals

Total revenue
$72,355,152
Total expenses
$67,903,073
Contributions and grants received
$70,601,863
Grants paid
$0
Program service revenue
$1,836,873
Investment income
$168,936
Other revenue
-$252,520
Total assets, end of year
$44,870,929
Total liabilities, end of year
$8,723,519
Net assets or fund balances, end of year
$36,147,410
Program services expenses (Part IX)
$66,722,409
Management and general expenses
$882,442
Fundraising expenses
$298,222
Program service expenses (Part III)
$66,722,409

Program services were 98.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $125,122

  • 1e · Government grants (contributions)

    $69,002,315

  • 1f · All other contributions, gifts and grants

    $1,474,426

  • 2a · Program service revenue: CLIENT FEES AND OTHER INCOME

    total $1,836,873 · related or exempt $1,836,873

  • 3 · Investment income

    total $168,936 · excluded $168,936

  • 6a · Gross rents

    real property $636,314

  • 6b · Less rental expenses

    real property $736,898

  • 6c · Rental income or loss

    real property -$100,584

  • 6d · Net rental income or loss

    total -$100,584 · related or exempt -$100,584

  • 8a · Fundraising events: gross income

    $4,000

  • 8a · Fundraising events: contributions included on line 1c

    $125,122

  • 8b · Fundraising events: direct expenses

    $155,936

  • 8c · Net income from fundraising events

    total -$151,936 · excluded -$151,936

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $291,221 · program services $287,256 · management and general $2,416 · fundraising $1,549

  • 7 · Other salaries and wages

    total $41,622,235 · program services $41,089,598 · management and general $306,176 · fundraising $226,461

  • 8 · Pension plan contributions

    total $1,496,360 · program services $1,464,695 · management and general $25,449 · fundraising $6,216

  • 9 · Other employee benefits

    total $7,346,135 · program services $7,267,601 · management and general $47,269 · fundraising $31,265

  • 10 · Payroll taxes

    total $4,421,977 · program services $4,403,449 · fundraising $18,528

  • 11b · Fees: legal

    total $80,885 · program services $74,077 · management and general $6,808

  • 11c · Fees: accounting

    total $74,020 · management and general $74,020

  • 11g · Fees: other

    total $98,438 · management and general $98,438

  • 12 · Advertising and promotion

    total $45,665 · program services $41,342 · management and general $388 · fundraising $3,935

  • 13 · Office expenses

    total $375,118 · program services $346,835 · management and general $24,875 · fundraising $3,408

  • 14 · Information technology

    total $85,594 · program services $68,809 · management and general $16,526 · fundraising $259

  • 16 · Occupancy

    total $246,815 · program services $239,226 · management and general $7,576 · fundraising $13

  • 17 · Travel

    total $754,052 · program services $751,136 · management and general $1,393 · fundraising $1,523

  • 22 · Depreciation, depletion and amortization

    total $292,514 · program services $245,663 · management and general $46,851

  • 23 · Insurance

    total $363,160 · program services $306,466 · management and general $56,348 · fundraising $346

  • 24a · Other expenses: DIRECT PROGRAM EXPENSE

    total $8,325,424 · program services $8,325,424

  • 24b · Other expenses: TRAINING

    total $750,193 · program services $746,380 · management and general $3,379 · fundraising $434

  • 24c · Other expenses: TELECOMMUNICATIONS AND

    total $292,972 · program services $278,440 · management and general $13,862 · fundraising $670

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $240,651 · program services $215,007 · management and general $22,479 · fundraising $3,165

  • 24e · All other expenses

    total $699,644 · program services $571,005 · management and general $128,189 · fundraising $450

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,415,010 · end of year $12,519,230

  • 2 · Savings and temporary cash investments

    beginning of year $16,798,759 · end of year $12,476,867

  • 3 · Pledges and grants receivable

    beginning of year $106,296 · end of year $70,866

  • 4 · Accounts receivable

    beginning of year $4,661,525 · end of year $5,239,862

  • 6 · Loans and receivables from disqualified persons

    beginning of year $758,744 · end of year $758,744

  • 9 · Prepaid expenses and deferred charges

    beginning of year $26,623 · end of year $26,623

  • 10a · Land, buildings and equipment: cost or other basis

    $20,294,629

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,289,399

  • 10c · Land, buildings and equipment, net

    beginning of year $12,262,520 · end of year $13,005,230

  • 15 · Other assets

    beginning of year $186,048 · end of year $773,507

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,103,180 · end of year $4,857,322

  • 23 · Secured mortgages and notes payable

    beginning of year $3,417,014 · end of year $3,406,149

  • 25 · Other liabilities

    beginning of year $0 · end of year $460,048

  • 27 · Net assets without donor restrictions

    beginning of year $31,274,976 · end of year $35,789,584

  • 28 · Net assets with donor restrictions

    beginning of year $420,355 · end of year $357,826

Mission and programs · 2022

Mission

KWA PARTNERS WITH DIVERSE COMMUNITIES TO EMPOWER INDIVIDUALS TO LIVE SAFE AND DIGNIFIED LIVES.

  • IN-HOME CARE: KWA HOME CARE HAS PROVIDED HOUSEHOLD AND PERSONAL CARE SERVICES (SUCH AS ASSISTANCE WITH TAKING MEDICATIONS AND BATHING) TO THE ELDERLY AND DISABLED THROUGHOUT THE PUGET SOUND FOR OVER 20 YEARS. ONE OF THE LARGEST AND MOST RESPECTED HOME CARE PROVIDERS IN THE STATE SINCE 1989, KWS HAS A STELLAR REPUTATION FOR PROVIDING EXCELLENT CARE AND COMPASSION TO A WIDE RANGE OF CLIENTS ENABLING THEM TO REMAIN IN THE COMFORT OF THEIR OWN HOMES. KWA HOME CARE HAS 1,416 CAREGIVERS SERVING APPROXIMATELY 1,739 CLIENTS A YEAR.

    Expenses $54,089,150 · Revenue $1,836,873

  • RENTAL ASSISTANCE: UNDER THE CARES ACT, THE RENTAL ASSISTANCE SERVICE PROVIDED FUNDS TO DISTRIBUTE FINANCIAL ASSISTANCE TO ELIGIBLE RENTERS. THE PRIMARY GOAL OF THIS PROGRAM WAS TO PREVENT EVICTIONS AND HOMELESSNESS BY HELPING TENANTS COVER THEIR RENTAL PAYMENTS AND RELATED EXPENSES. HERE ARE SOME KEY FEATURES THAT WERE GENERALLY ASSOCIATED WITH THE RENTAL ASSISTANCE SERVICE UNDER THE CARES ACT: THE SPECIFIC ELIGIBILITY CRITERIA COULD VARY BY LOCATION, BUT GENERALLY, INDIVIDUALS AND HOUSEHOLDS THAT EXPERIENCED A LOSS OF INCOME, JOB LOSS, OR SIGNIFICANT MEDICAL EXPENSES DUE TO COVID-19 WERE ELIGIBLE TO APPLY FOR RENTAL ASSISTANCE. THE RENTAL ASSISTANCE PROVIDED FINANCIAL SUPPORT TO HELP ELIGIBLE RENTERS COVER THEIR RENT PAYMENTS, LATE FEES, AND IN SOME CASES, UTILITY BILLS DIRECTLY RELATED TO THE HOUSING UNIT. RENTAL ASSISTANCE PAYMENTS WERE TYPICALLY MADE DIRECTLY TO LANDLORDS OR PROPERTY MANAGEMENT COMPANIES ON BEHALF OF THE ELIGIBLE TENANTS. THIS ENSURED THAT THE LANDLORDS RECEIVED THE OWED RENT AND REDUCED THE RISK OF EVICTION FOR TENANTS. INDIVIDUALS SEEKING RENTAL ASSISTANCE WERE REQUIRED TO APPLY THROUGH THE DESIGNATED PROGRAM ESTABLISHED BY PIERCE COUNTY. KWA WERE OFTEN INVOLVED IN HELPING INDIVIDUALS NAVIGATE THE APPLICATION PROCESS AND PROVIDE ASSISTANCE WITH DOCUMENTATION.

    Expenses $12,035,098

  • SENIOR MEAL SITE: THIS PROGRAM PROVIDES HEALTHY ETHNIC MEALS, A LIVELY ATMOSPHERE, OPPORTUNITIES FOR SENIORS TO CONNECT AND ENGAGE IN PHYSICAL ACTIVITY, PARTICIPATE IN FIRST-RATE HEALTH AND NUTRITION WORKSHOPS, AND RECEIVE ASSISTANCE WITH NAVIGATING MANY SOCIAL SERVICES SUCH AS MEDICAID, MEDICARE, MEDICARE PART D INSURANCE, HOUSING ASSISTANCE/REFERRALS, BASIC FOOD INFORMATION & APPLICATIONS, LOW INCOME SUBSIDY PROGRAM AND ENERGY ASSISTANCE. KWA PROVIDES MEAL SITES FOR KOREAN MEALS, INTERNATIONAL MEALS, VIETNAMESE MEALS, CAMBODIAN MEALS, AND FEDERAL WAY MEALSITE.

    Expenses $598,161

  • HOTEL OLYMPUS: HOTEL OLYMPUS APARTMENT IS A 49 RESIDENTIAL UNIT AND COMMERCIAL SPACE LOCATED IN TACOMA, WASHINGTON. EACH BUILDING OF THE PROJECT WAS ALLOCATED LOW-INCOME HOUSING CREDITS PURSUANT TO IRS CODE SECTION 42 (SECTION 42), WHICH REGULATES THE USE OF THE PROJECT AS TO OCCUPANT ELIGIBILITY AND UNIT GROSS RENT, AMONG OTHER REQUIREMENTS. EACH BUILDING OF THE PROJECT MUST MEET THE PROVISION OF THESE REGULATIONS DURING EACH OF 15 CONSECUTIVE YEARS IN ORDER TO REMAIN QUALIFIED TO RECEIVE THE CREDITS, EVEN IF DISPOSITION OF THE PROJECT BY THE OWNER OCCURS. THE APARTMENT MANAGER WORKS FULL-TIME AND LIVES ON SITE. SHE ARRANGES COMMUNITY MEALS, ASSISTS TENANTS WITH UNDERSTANDING BENEFITS FOR WHICH THEY MAY BE ELIGIBLE, AND REFERS THEM TO OTHER SERVICES THAT MAY HELP WITH THEIR EXPENDABLE INCOME AND CONNECT THEM TO OPPORTUNITIES FOR EDUCATION AND EMPLOYMENT.

    Revenue -$100,584

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Yoni Yi

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    8

  • Young Goering

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Kelly Shim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Kyong Arbeeny

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Myung Lae Park

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    20

  • Sulja Warnick

    SENIOR ADVISOR

    Total calculated
    $0
    Hours/week
    7

  • Dori Synn

    SENIOR ADVISOR

    Total calculated
    $0
    Hours/week
    8

  • Victoria Hwang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Chongsun Abbott

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Kyung Ja Shin

    SECRETARY

    Total calculated
    $0
    Hours/week
    8

  • Eunsung Kelly Liu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Hwaja Lee

    DIRECTOR OF FINANCE

    Total calculated
    $151,532
    From this org
    $131,839
    From related orgs
    $0
    Other
    $19,693
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,839
    Bonus
    $0
    Other
    $0
    Deferred
    $10,635
    Nontaxable benefits
    $9,058
    Filer's total
    $151,532

  • Michael Swenson

    EXECUTIVE DIRECTOR

    Total calculated
    $139,689
    From this org
    $130,690
    From related orgs
    $0
    Other
    $8,999
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • SENIOR CITY LTD PARTNERSHIP

    RELATED/EXEMPT · RENTAL REAL ESTATE · WA

    Directly controlled by SENIOR CITY COUNCIL

Provenance

Return type
form_990
Tax year
2022
Filed
18 October 2023
IRS schema version
2022v5.0
Source object
202342989349301044

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.