Memphis Korean Association in Memphis, Tennessee (TN)

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Memphis Korean Association
Employer Identification Number (EIN)621511835
Name of OrganizationMemphis Korean Association
Address5984 Mount Moriah Rd, Memphis, TN 38115-1624
ActivitiesServices for the aged (see also 153 ad 382)
SubsectionCivic League
Ruling Date06/1993
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period10/2011
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$2,442
Amount of Income$29,050
Form 990 Revenue Amount$29,050

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$29,050
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$29,050
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$33,659
Total net assets$2,442
Deficit for the year$-4,609
Net assets or fund balances at beginning of year$7,051
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$2,442
Total liabilities$0
Net assets or fund balances$2,442
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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