Nonprofit · EIN 62-1558722
ASSISI FOUNDATION OF MEMPHIS INC
Tax-exempt · MEMPHIS, TN 38117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $14,099,604 | $13,786,173 | $313,431 | $233,452,234 | $3,848,816 | $229,603,418 |
| December 31, 2023 | 990-PF | $3,847,596 | $15,632,302 | -$11,784,706 | $222,933,424 | $3,774,953 | $219,158,471 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $5,083,798
- Interest
- $40,394
- Net gain from sales of assets
- $8,975,412
Expenses
- Grants and similar amounts paid
- $11,434,685
- Compensation of officers, directors and key employees
- $329,277
- Salaries, compensation and benefits (total)
- $490,761
- Disbursements for charitable purposes
- $12,366,487
- Excise tax on investment income
- $179,437
Balance sheet and other
- Total assets, start of year
- $222,933,424
- Total assets, end of year
- $233,452,234
- Total liabilities, end of year
- $3,848,816
- Net assets, end of year
- $229,603,418
- Fair market value of assets
- $233,486,122
- Qualifying distributions
- $12,366,487
- Net investment income
- $14,099,604
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAN YOUNG 515 ERIN DRIVE, MEMPHIS, TN 38117 | Executive Direc | 45 | $329,777 | $41,222 |
| ERNESTINE SMITH 515 ERIN DRIVE, MEMPHIS, TN 38117 | PROGRAMS MGR Highest-paid employee | 40 | $121,000 | – |
| COLBY T WAMBLE 515 ERIN DR, MEMPHIS, TN 38117 | GRANTS MGR Highest-paid employee | 40 | $100,000 | – |
| TIFFANIE GRIER 515 ERIN DRIVE, MEMPHIS, TN 38117 | PROGRAMS MGR Highest-paid employee | 40 | $94,000 | – |
| JACK A BELZ 515 ERIN DRIVE, MEMPHIS, TN 38117 | DIRECTOR | 1 | $0 | – |
| THOMAS C FARNSWORTH III 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| HARRY GOLDSMITH 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| NISHA POWERS 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| CAROL JOHNSON DEAN 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| MOLITOR FORD JR 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| MARVIN DAVIS 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| RONALD A BELZ 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| DAVID SCULLY 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| MARTIN REGAN 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
| BARBARA DAUSH 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 | – |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELLEN KLYCE 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| BEVERLY ROBERTSON 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| CHARLES D SCHAFFLER 515 ERIN DRIVE, MEMPHIS, TN 38117 | DIRECTOR | 1 | $0 |
| FRANK GUSMUS 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| CATO JOHNSON 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| WILLIE GREGORY 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| MARTIN F THOMPSON 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| PHILIP R ZANONE JR 515 ERIN DRIVE, MEMPHIS, TN 38117 | DIRECTOR | 1 | $0 |
| PEGGY VEESER 515 ERIN DRIVE, MEMPHIS, TN 38117 | Chairman | 1 | $0 |
| ROBERT GOOCH 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| SUSAN AGUILLARD 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAN YOUNG 515 ERIN DRIVE, MEMPHIS, TN 38117 | Executive Direc | 45 | $311,916 |
| ERNESTINE SMITH 515 ERIN DRIVE, MEMPHIS, TN 38117 | PROGRAMS MGR Highest-paid employee | 40 | $115,117 |
| COLBY T WAMBLE 515 ERIN DR, MEMPHIS, TN 38117 | GRANTS MGR Highest-paid employee | 40 | $93,777 |
| TIFFANIE GRIER 515 ERIN DRIVE, MEMPHIS, TN 38117 | PROGRAMS MGR Highest-paid employee | 40 | $89,777 |
| ELISE MCKELVEY 515 ERIN DRIVE, MEMPHIS, TN 38117 | PROGRAMS MGR Highest-paid employee | 40 | $69,777 |
| JACK A BELZ 515 ERIN DRIVE, MEMPHIS, TN 38117 | DIRECTOR | 1 | $0 |
| THOMAS C FARNSWORTH III 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| HARRY GOLDSMITH 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| NISHA POWERS 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| CAROL JOHNSON DEAN 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| MOLITOR FORD JR 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| MARVIN DAVIS 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| RONALD A BELZ 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| DAVID SCULLY 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| MARTIN REGAN 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| BARBARA DAUSH 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| ELLEN KLYCE 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| BEVERLY ROBERTSON 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| CHARLES D SCHAFFLER 515 ERIN DRIVE, MEMPHIS, TN 38117 | DIRECTOR | 1 | $0 |
| FRANK GUSMUS 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| CATO JOHNSON 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| WILLIE GREGORY 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| MARTIN F THOMPSON 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| PHILIP R ZANONE JR 515 ERIN DRIVE, MEMPHIS, TN 38117 | DIRECTOR | 1 | $0 |
| PEGGY VEESER 515 ERIN DRIVE, MEMPHIS, TN 38117 | Chairman | 1 | $0 |
| ROBERT GOOCH 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
| SUSAN AGUILLARD 515 ERIN DRIVE, MEMPHIS, TN 38117 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 515 ERIN DR, MEMPHIS, TN 38117-4211
- Signed the 990-PF
- JACLYN A WHITE CPA, DIRECTOR OF FINANCE
- Phone
- (901) 684-1564
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 62-1558722
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21Z)
- Assets (IRS master file)
- $233,452,234
- Income (IRS master file)
- $72,662,701
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $14,099,604 | $13,786,173 | $233,452,234 | XML |
| 990-PF | December 2023 | $3,847,596 | $15,632,302 | $222,933,424 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 62-1558722).
Questions about ASSISI FOUNDATION OF MEMPHIS INC
- What is the EIN of ASSISI FOUNDATION OF MEMPHIS INC?
- The employer identification number (EIN) of ASSISI FOUNDATION OF MEMPHIS INC is 62-1558722.
- Is ASSISI FOUNDATION OF MEMPHIS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to ASSISI FOUNDATION OF MEMPHIS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ASSISI FOUNDATION OF MEMPHIS INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ASSISI FOUNDATION OF MEMPHIS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSISI FOUNDATION OF MEMPHIS INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of ASSISI FOUNDATION OF MEMPHIS INC?
- The 990-PF for the year ended December 31, 2024 lists 26 people; 4 received compensation from the organization, the highest $329,777 (JAN YOUNG, Executive Direc).
- How much revenue does ASSISI FOUNDATION OF MEMPHIS INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,099,604, expenses of $13,786,173 and total assets of $233,452,234 at year end.
Other nonprofits in MEMPHIS
- COMMUNITY FOUNDATION OF GREATER MEMPHIS INC EIN 58-1723645 · last filed 990 for 2025
- CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS AND THE MID-SOUTH INC EIN 62-1752885 · last filed 990 for 2025
- FORMANEK FOUNDATION EIN 26-1565007 · last filed 990-PF for 2024
- MCENIRY FAMILY FOUNDATION EIN 93-4781807 · last filed 990-PF for 2023
- UNITED WAY OF THE MID-SOUTH EIN 56-1010742 · last filed 990 for 2025
- THE MARTIN FAMILY FOUNDATION INC EIN 83-1489207 · last filed 990 for 2025
- MCGEHEE FAMILY FOUNDATION EIN 62-1801291 · last filed 990-PF for 2024
- BOB AND SUSAN WILSON FOUNDATION EIN 88-1347272 · last filed 990-PF for 2024
All nonprofits in MEMPHIS · Tennessee · Philanthropy, voluntarism and grantmaking foundations