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Nonprofit · EIN 23-1978566

THE PHILIP JAISOHN MEMORIAL FOUNDATION INC

Tax-exempt · NORTH WALES, PA 19454

Financials

$3.5M$2.9M2023$9.9M$2.7M2024$4.2M$3.3M2025
Revenue Expenses · by fiscal year end
Financials of THE PHILIP JAISOHN MEMORIAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,214,605$3,295,054$919,551$16,108,909$765,448$15,343,461
December 31, 2024990$9,885,684$2,748,759$7,136,925$14,441,774$212,407$14,229,367
December 31, 2023990$3,471,299$2,929,554$541,745$7,007,934$149,437$6,858,497
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,815,098
of which government grants
$190,741
Program service revenue
$1,519,558
Investment income
$245,069
Net rental income
$218,257
Net gain from sales of assets
$1,737
Net income from fundraising events
-$42,380
Other revenue
$634,880

Expenses

Grants and similar amounts paid
$55,994
Compensation of officers, directors and key employees
$376,330
Other salaries and wages
$926,088
Salaries, compensation and benefits (total)
$1,378,116
Professional fundraising fees
$0
Legal fees
$2,043
Accounting fees
$23,836
Occupancy
$384,578
Travel
$2,512
Depreciation
$216,390
Program services (functional)
$2,266,297
Management and general (functional)
$917,377
Fundraising (functional)
$111,380

Balance sheet and other

Total assets, start of year
$14,441,774
Total assets, end of year
$16,108,909
Total liabilities, end of year
$765,448
Net assets, end of year
$15,343,461
Land, buildings and equipment
$6,452,033
Publicly traded securities
$6,010,877
Net assets without donor restrictions
$13,147,726
Net assets with donor restrictions
$2,195,735
Gross unrelated business income
$459,003
Gross receipts
$4,319,312
Employees
44
Volunteers
35
Year formed
1975
State of legal domicile
PA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
GEORGE J S CHOEPRESIDENT
Trustee or director, Officer
50$170,458
GRACE KIMCFO
Officer
40$110,948
JUNG KANGCOE
Officer
40$106,134
YOUNG II CHOBOARD MEMBER
Trustee or director
1$0
JISUN CHOEBOARD MEMBER
Trustee or director
1$0
CHONG TAE KIMBOARD MEMBER
Trustee or director
1$0
BONG SIK LEEBOARD MEMBER
Trustee or director
1$0
MANUAL M LEEBOARD MEMBER
Trustee or director
1$0
UN HWANG LEEBOARD MEMBER
Trustee or director
1$0
HENRY SUNG KYU OHBOARD MEMBER
Trustee or director
1$0
JIN TWILLEYBOARD MEMBER
Trustee or director
1$0
JUDY YOOBOARD MEMBER
Trustee or director
1$0
SUK-CHUNG YOONBOARD MEMBER
Trustee or director
1$0
JONGMOO JAY CHOIBOARD MEMBER
Trustee or director
1$0
BRIAN C LEECHAIRMAN OF THE BOARD
Trustee or director, Officer
1$0
2 more people on this return
NameTitleHours / weekCompensation
J MIA KIMTREASURER
Trustee or director, Officer
1$0
JOHN HANSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensation
JUNG S CHOEPRESIDENT
Trustee or director, Officer
50$151,490
GRACE KIMCFO
Officer
40$104,043
JONGMOO JAY CHOIBOARD MEMBER
Trustee or director
1$0
YOUNG II CHOBOARD MEMBER
Trustee or director
1$0
HACK RYANG CHUNGBOARD MEMBER
Trustee or director
1$0
CHONG TAE KIMBOARD MEMBER
Trustee or director
1$0
BONG SIK LEEBOARD MEMBER
Trustee or director
1$0
MANUAL M LEEBOARD MEMBER
Trustee or director
1$0
UN HWANG LEEBOARD MEMBER
Trustee or director
1$0
HENRY SUNG KYU OHBOARD MEMBER
Trustee or director
1$0
SEIWOONG OHBOARD MEMBER
Trustee or director
1$0
JIN PARKBOARD MEMBER
Trustee or director
1$0
JIN TWILLEYBOARD MEMBER
Trustee or director
1$0
JUDY YOOBOARD MEMBER
Trustee or director
1$0
SUK-CHUNG YOONBOARD MEMBER
Trustee or director
1$0
BRIAN C LEECHAIRMAN OF THE BOARD
Trustee or director, Officer
1$0
J MIA KIMTREASURER
Trustee or director, Officer
1$0
JOHN HANSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensation
JUNG S CHOEPRESIDENT
Trustee or director, Officer
50$133,703
GRACE KIMCFO
Officer
40$97,327
JUDY YOOBOARD MEMBER
Trustee or director
1$0
SUK-CHUNG YOONBOARD MEMBER
Trustee or director
1$0
BONG SIK LEEBOARD MEMBER
Trustee or director
1$0
JONGMOO JAY CHOIBOARD MEMBER
Trustee or director
1$0
JIMMY CHONGBOARD MEMBER (RESIGNED 10/23)
Trustee or director
1$0
HACK RYANG CHUNGBOARD MEMBER
Trustee or director
1$0
JOHN HANBOARD MEMBER
Trustee or director
1$0
BANG NAM JEONBOARD MEMBER
Trustee or director
1$0
CHONG TAE KIMBOARD MEMBER
Trustee or director
1$0
MANUAL M LEEBOARD MEMBER
Trustee or director
1$0
UN HWANG LEEBOARD MEMBER
Trustee or director
1$0
HENRY SUNG KYU OHBOARD MEMBER
Trustee or director
1$0
JOON SIK SHINBOARD MEMBER (DECEASED 4/23)
Trustee or director
1$0
JIN PARKBOARD MEMBER
Trustee or director
1$0
JIN TWILLEYBOARD MEMBER
Trustee or director
1$0
MINA YI-MERIZALDEBOARD MEMBER
Trustee or director
1$0
BRIAN C LEECHAIRMAN OF THE BOARD
Trustee or director, Officer
1$0
MIA KIMTREASURER
Trustee or director, Officer
1$0
SEIWOONG OHSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1180 WELSH RD STE 250, NORTH WALES, PA 19454-2060
Principal officer (990 for 2025)
JUNG S CHOE, 1180 WELSH ROAD SUITE 250, NORTH WALES, PA 19454
Signed the 990
JUNG S CHOE, PRESIDENT
Phone
(215) 866-0104
Return prepared by
DUNLAPSLK PC

Mission

THE FOUNDATION'S MISSION IS TO PROMOTE AND FULFILL DR. PHILIP JAISOHN'S IDEALS OF HUMANITY THROUGH MEDICAL, SOCIAL, EDUCATIONAL AND CULTURAL SERVICES FOR THE ENHANCEMENT OF THE QUALITY OF THE LIFE IN THE COMMUNITIES PARTICULARLY THOSE OF ASIAN AMERICANS.

990 for the year ended December 31, 2025

Program accomplishments

  • MEDICAL SERVICES: THE FOUNDATION PROVIDES VARIOUS MEDICAL SERVICES TO THE COMMUNITY, INCLUDING A MEDICAL CLINIC, HEALTH EDUCATION AND SCREENING, FLU SHOTS AND OTHER MEDICAL SERVICES
    Expenses $1,357,789 · revenue $1,616,058
  • HUMAN SERVICES AND ADVOCACY: THE FOUNDATION IS DEDICATED TO HELPING AND PROMOTING THE ASIAN AMERICAN COMMUNITY BY PROVIDING VARIOUS BENEFITS AND PROGRAMS INCLUDING MENTAL HEALTH COUNSELING, SENIOR SERVICES, SOCIAL SERVICES, HEALTH INSURANCE SERVICES, ADVOCACY, EDUCATION AND LEADERSHIP PROGRAMS.
    Expenses $758,748 · grants $55,994 · revenue $121,757
  • MEMORIAL HOUSE: THE FOUNDATION MANAGES AND MAINTAINS A SEPERATE HISTORICAL MUSEUM, THE JAISOHN HOUSE, WHICH WAS ONCE THE HOUSE IN WHICH DR. PHILIP JAISOHN RESIDED. THE MEMORIAL HOUSE IS LOCATED IN MEDIA, PENNSYLVANIA.
    Expenses $149,760

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-1978566
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
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,108,909
Income (IRS master file)
$4,319,312

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,214,605$3,295,054$16,108,909XML
990-TDecember 2025–––IRS
990December 2024$9,885,684$2,748,759$14,441,774XML
990-TDecember 2024–––IRS
990December 2023$3,471,299$2,929,554$7,007,934XML
990-TDecember 2023–––IRS
990December 2022$2,846,965$2,421,574$6,450,858IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 23-1978566).

Questions about THE PHILIP JAISOHN MEMORIAL FOUNDATION INC

What is the EIN of THE PHILIP JAISOHN MEMORIAL FOUNDATION INC?
The employer identification number (EIN) of THE PHILIP JAISOHN MEMORIAL FOUNDATION INC is 23-1978566.
Is THE PHILIP JAISOHN MEMORIAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to THE PHILIP JAISOHN MEMORIAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE PHILIP JAISOHN MEMORIAL FOUNDATION 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 THE PHILIP JAISOHN MEMORIAL FOUNDATION 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 THE PHILIP JAISOHN MEMORIAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of THE PHILIP JAISOHN MEMORIAL FOUNDATION INC?
The 990 for the year ended December 31, 2025 names JUNG S CHOE.
Who are the officers and directors of THE PHILIP JAISOHN MEMORIAL FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 17 people; 3 received compensation from the organization, the highest $170,458 (GEORGE J S CHOE, PRESIDENT).
How much revenue does THE PHILIP JAISOHN MEMORIAL FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,214,605, expenses of $3,295,054 and total assets of $16,108,909 at year end.

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