INTERNATIONAL ASSOCIATION OF KOREAN LAWYERS INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: INTERNATIONAL ASSOCIATION OF KOREAN LAWYERS INC (EIN 77-0483441)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-04-24
IRS object ID: 202441159349300439
Schema version: 2023v5.0
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
Form 990
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-04-24T17:43:04-04:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GENE KAHNG	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2271 W MALVERN AVE 202	AddressLine1Txt
City	FULLERTON	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92833	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	770483441	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	INTERNATIONAL ASSOCIATION OF	BusinessNameLine1Txt
Business Name Line2	KOREAN LAWYERS INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	INTE	BusinessNameControlTxt
Phone	6154570959	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1700 MONTGOMERY STREET STE 2007	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94111	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CRISTINA HWANG	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	2133683214	PhoneNum
Signature	2024-04-23	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	CRISTINA	PersonFirstNm
Person Last	HWANG	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GENE KAHNG	PreparerPersonNm
PTIN	P18022020	PTIN
Phone	8184253211	PhoneNum
Preparation	2024-04-23	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Principal Officer	CHARLES JUNG	PrincipalOfficerNm
Gross Receipts	$5,200	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.IAKL.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1998	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	PROFESSIONAL BUSINESS ASSOCIATION	ActivityOrMissionDesc
Voting Members Governing Body	12	VotingMembersGoverningBodyCnt
Voting Members Independent	12	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$247,378	PYContributionsGrantsAmt
CY Contributions Grants	$5,200	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
CY Investment Income	$0	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$247,378	PYTotalRevenueAmt
CY Total Revenue	$5,200	CYTotalRevenueAmt
PY Grants And Similar Paid	$25,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$175,845	PYOtherExpensesAmt
CY Other Expenses	$123,051	CYOtherExpensesAmt
PY Total Expenses	$200,845	PYTotalExpensesAmt
CY Total Expenses	$123,051	CYTotalExpensesAmt
PY Revenues Less Expenses	$46,533	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$117,851	CYRevenuesLessExpensesAmt
Total Assets BOY	$398,514	TotalAssetsBOYAmt
Total Assets EOY	$283,172	TotalAssetsEOYAmt
Total Liabilities BOY	-$2,509	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$401,023	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$283,172	NetAssetsOrFundBalancesEOYAmt
Mission	PROFESSIONAL BUSINESS ASSOCIATION	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$102,792	ExpenseAmt
Revenue	$5,200	RevenueAmt
Desc	BIENNIEL CONFERENCES HELD IN LOCATIONS IN THE U.S. CONDUCTING CONTINUING LEGAL EDUCATION PROGRAMS FOR LAWYERS FROM ALL OVER THE WORLD	Desc
Total Program Service Expenses	$102,792	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	12	GoverningBodyVotingMembersCnt
Independent Voting Member	12	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	CRISTINA HWANG	PersonNm
Phone	6154570959	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	900 WILSHIRE BLVD STE 1250	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90017	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
PHILIP CHO
CO-VP	Yes (X)	Yes (X)	$0	$0	$0
SHIRLEY CHO
DIRECTOR	Yes (X)		$0	$0	$0
JIWON HA
DIRECTOR	Yes (X)		$0	$0	$0
SABINA HAN
DIRECTOR	Yes (X)		$0	$0	$0
CRISTINA HWANG
TREASURER	Yes (X)	Yes (X)	$0	$0	$0
CHARLES JUNG
PRESIDENT	Yes (X)	Yes (X)	$0	$0	$0
JOHN MIN
DIRECTOR	Yes (X)		$0	$0	$0
KIM ERIC MORIC
DIRECTOR	Yes (X)		$0	$0	$0
WADE PYUN
CO-VP	Yes (X)	Yes (X)	$0	$0	$0
PETER J RHO
DIRECTOR	Yes (X)		$0	$0	$0
LISA J YANG
DIRECTOR	Yes (X)		$0	$0	$0
MARY JANE YOON
SECRETARY	Yes (X)	Yes (X)	$0	$0	$0
HANS CHANG
MARKETING OF		Yes (X)	$0	$0	$0
MIN SUH
GENERAL COUN		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
All Other Contributions	$5,200	AllOtherContributionsAmt
Total Contributions	$5,200	TotalContributionsAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,200	TotalRevenueColumnAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$2,000	TotalAmt
Management And General	$2,000	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$876	TotalAmt
Management And General	$876	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,106	TotalAmt
Management And General	$3,106	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,070	TotalAmt
Management And General	$1,070	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
EVENTS	$98,143	$98,143
TRADEMARKS	$9,425		$9,425
LOCAL BAR ASSOCIATIONS	$3,649	$3,649
MISCELLANEOUS	$2,509		$2,509

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,273	TotalAmt
Program Services	$1,000	ProgramServicesAmt
Management And General	$1,273	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$123,051	TotalAmt
Program Services	$102,792	ProgramServicesAmt
Management And General	$20,259	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$398,514	BOYAmt
EOY	$283,172	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$398,514	BOYAmt
EOY	$283,172	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	-$2,509	BOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	-$2,509	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$401,023	BOYAmt
EOY	$283,172	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$401,023	BOYAmt
EOY	$283,172	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$398,514	BOYAmt
EOY	$283,172	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$117,851	ReconcilationRevenueExpnssAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11B	THE BOARD OF DIRECTORS AND OFFICERS OF THE ORGANIZATION HAVE THE AUTHORITY TO REVIEW THE FINANCIAL STATUS OF THE ORGANIZATION AT ANY TIME. THERE ARE TWO MAIN EVENTS THAT GENERATE REVENUES AND EXPENDITURES, THE BOARD MEETING IN THE SPRING AND THE ANNUAL CONFERENCE IN THE FALL. THE FINAL BUDGETS FOR THOSE EVENTS ARE CIRCULATED TO THE BOARD FOR APPROVAL AS ARE ALL MAJOR EXPENSES SUCH AS INSURANCE AND WEBSITE MAINTENANCE.
FORM 990, PAGE 6, PART VI, LINE 19	THE BYLAWS OF THE ORGANIZATION ARE POSTED ON THE WEBSITE FOR THE PUBLIC TO VIEW. ANYONE CAN REQUEST MORE INFORMATION REGARDING THE ORGANIZATION FROM THE OFFICERS AND DIRECTORS, WHO ARE ALL LISTED ON THE WEBSITE WITH CONTACT INFORMATION.
FORM 990, PART XI, LINE 9	PAYPAL BALANCE ADJ 0 PRIOR PERIOD ADJ 0