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SIMPLIBANC DEVELOPMENT OF COMMUNITIES INC

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Public IRS 990 nonprofit record

SIMPLIBANC DEVELOPMENT OF COMMUNITIES INC

EIN 87-2322202 · Business & Industry (S40)

What they do

Connected Minority Business Owners With The Bank and Helped Them Acquire Small Business Loans. Educated Small Business Owners Regarding Importance of Keeping Financial Records, Personal Credit and How to Prepare Loan Application to Receive Bank Loans.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$0.62in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $23,000 for MUJIN KIM (PRINCIPAL OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Expenses$105,497
See all reported dollar amounts
Expenses$105,497
Assets$65,008
Income$106,490
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MUJIN KIMPRINCIPAL OFFICER · 20 hrs/week $23,000
KENY CHANGSECRETARY · 20 hrs/week $20,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (4)

MUJIN KIMPRINCIPAL OFFICER

KENY CHANGSECRETARY

BOB KUODIRECTOR

FRANK BAIKDIRECTOR

About this charity

Recognized since
January 2022
Location
1370 VALLEY VISTA DR STE 228, DIAMOND BAR, CA 91765-3950
County
Los Angeles
In care of
Mujin Kim
Primary officer
Mujin Kim, President

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
January 1, 2023
Return type
990EZ
NTEE classification
Business & Industry (S40)
IRS tax category
Business & Industry

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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