Memon Organization Of North America is located in Anaheim, CA. The organization was established in 2009. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memon Organization Of North America is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Memon Organization Of North America generated $57.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $86.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE IS TO ACT AS THE CENTRAL MEMON COMMUNITY IN NORTH AMERICA AND TO PROMOTE, DEVELOP AND SUPPORT, ON A NON-PROFIT CHARTIABLE BASIS THE WELFARE AND WELL BEING OF ALL MEMONS AND HUMANITY THROUGH OUT THE WORLD IN ALL ASPECTS OF LIFE. THE OBJECTIVES OF THIS ORGANIZATION SHALL BE, AMONG OTHERS, TO FOSTER BETTER COMMUNITY RELATIONS BETWEEN ALL RELIGIONS, SOCIAL, ETHNIC AND NATIONAL GROUPS FOR THE GOOD OF THE SOCIETY AS A WHOLE; TO PROMOTE UNITY, UNDERSTANDING AND TOLERANCE AMONGST THE MEMON COMMUNITY; AND TO MAKE COORDINATED AND CONCERTED EFFORTS TO RESOLVE THE ECONOMICAL, SOCIAL, CULTURAL, MEDICAL, REHABILITATION AND OTHER PROBLEMS THAT MAY BE FACED BY THE MEMON COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mohamed Javeed Moulvi President | 2 | $0 | |
Yousuf Bhaghani Vice President | 1 | $0 | |
Soaliha Lakhani Treasurer | 4 | $0 | |
Zeenat Jandga Director | 1 | $0 | |
Ajaz Siddiq Director | 1 | $0 | |
Rashid Memon Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $57,423 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,423 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $925 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $25,751 |
Total expenses | $86,926 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $121,522 |
Other assets | $0 |
Total assets | $159,022 |
Total liabilities | $0 |
Net assets or fund balances | $159,022 |