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Nonprofit · EIN 14-1843197

MEMAKON INC

Tax-exempt · CHATTANOOGA, TN 37412

Financials

$389K$350K2023$505K$428K2024
Revenue Expenses · by fiscal year end
Financials of MEMAKON INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$505,276$428,084$77,192$127,054$0$127,054
December 31, 2023990$389,047$349,765$39,282$49,862$0$49,862
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$490,776
Investment income
$0
Other revenue
$14,500

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$52,385
Salaries, compensation and benefits (total)
$52,385
Professional fundraising fees
$0
Program services (functional)
$428,084

Balance sheet and other

Total assets, start of year
$49,862
Total assets, end of year
$127,054
Total liabilities, end of year
$0
Net assets, end of year
$127,054
Gross receipts
$505,276
Employees
0
Year formed
2002
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSEPHINE K NYASIMISECRETARY
Trustee or director
40$0
TEMPLE B RAGLANDMARKETING DIRECTOR
Trustee or director
0$0
KEN N OMANWAEXECUTIVE DIRECTOR
Officer
20$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
TEMPLE B RAGLANDMARKETING DIRECTOR
Trustee or director
0$0
JOSEPHINE K NYASIMISECRETARY
Trustee or director
40$0
KEN N OMANWAEXECUTIVE DIRECTOR
Officer
20$0

Address and contacts

Address (IRS master file)
704 BELVOIR AVE, CHATTANOOGA, TN 37412-2604
In care of
% KEN N OMANWA
Principal officer (990 for 2024)
KEN N OMANWA, 704 BELVOIR AVENUE, Chattanooga, TN 37412
Signed the 990
KEN N OMANWA, PRESIDENT
Phone
(423) 991-7529
Return prepared by
NYASIMI OMANWA & COMPANY

Mission

Operating Retirement Home for the Aged and other similar facilities rendering personal care as well other community related activities

990 for the year ended December 31, 2024

Program accomplishments

  • Succesfully operating RHA and Mental Health Care facilities
    Expenses $428,084

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
14-1843197
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$197,934
Income (IRS master file)
$502,450

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$505,276$428,084$127,054XML
990December 2023$389,047$349,765$49,862XML
990December 2022$252,443$241,863$16,580IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1843197).

Questions about MEMAKON INC

What is the EIN of MEMAKON INC?
The employer identification number (EIN) of MEMAKON INC is 14-1843197.
Is MEMAKON INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to MEMAKON INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEMAKON INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MEMAKON INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEMAKON INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MEMAKON INC?
The 990 for the year ended December 31, 2024 names KEN N OMANWA.
Who are the officers and directors of MEMAKON INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MEMAKON INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $505,276, expenses of $428,084 and total assets of $127,054 at year end.

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