Severance Alumni Association Inc
Donations deductibleSeverance Alumni Association Inc's network
6 peoplei6 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Bong S Lee | Financial Co | 2023 | 3 yrs |
| Chang JO Park | Treasurer | 2018 | 8 yrs |
| Chun S Kim | Committee Ch | 2024 | 2 yrs |
| Heung K OH | Director | 2023 | 3 yrs |
| Hoon JAE Park | Executive VP | 2020 | 6 yrs |
| Yong D Park | President | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 October 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Chun S Kim | Committee Ch | 3 | $0 | ||
| Bong S Lee | Financial Co | 1 | $0 | ||
| Heung K Oh | Director | 3 | $0 | ||
| Chang Jo Park | Treasurer | 3 | $0 | ||
| Hoon Jae Park | Executive VP | 1 | $0 | ||
| Yong D Park | President | 3 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Severance Alumni Association Inc
- EIN
- 112387947
- Address
- 26 Wimbledon Dr, Roslyn, NY, 11576-3084
- State
- New York
- Mission
- The grant of scholarships to medical students, the organization of seminars and conferences on topics of interest to its members, and the enhancement of friendship and communication among its members. (as filed on the Form 990)
- Activity (NTEE)
- B84Z Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 6 (IRS master file code)
- Formed
- 1975
- Principal officer
- Chang Jo Park (as named on the Form 990)
- IRS ruling date
- 1 May 1977
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsChang JO Park
≥6years on the filingsHoon JAE Park
≥3years on the filingsBong S Lee
≥3years on the filingsHeung K OH
Latest return
year to 31 October 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 October 2024. US dollars, as filed.- Total assets
- $2.3m
- Total liabilities
- $277k
- Net assets or fund balances
- $2.1m
- Contributions and grants received
- $259k
- Program service revenue
- $0
- Grants and similar paid out
- $19k
- Employees
- 1
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $486k | $85k | $402k |
As filed on the IRS Form 990. US dollars.