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Nonprofit · EIN 62-0585146

WOMANS EXCHANGE OF MEMPHIS INC

Tax-exempt · MEMPHIS, TN 38111

Financials

$450K$450K2023$489K$513K2024
Revenue Expenses · by fiscal year end
Financials of WOMANS EXCHANGE OF MEMPHIS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$488,687$512,882-$24,195$878,550$6,003$872,547
December 31, 2023990 (amended)$449,684$449,720-$36$880,962$36,938$844,024
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$47,839
Program service revenue
$17,600
Investment income
$6,445
Net income from sales of inventory
$411,828
Other revenue
$416,803

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$243,677
Salaries, compensation and benefits (total)
$262,141
Professional fundraising fees
$0
Accounting fees
$4,000
Occupancy
$22,593
Depreciation
$11,088
Program services (functional)
$277,761
Management and general (functional)
$235,121

Balance sheet and other

Total assets, start of year
$880,962
Total assets, end of year
$878,550
Total liabilities, end of year
$6,003
Net assets, end of year
$872,547
Land, buildings and equipment
$378,277
Net assets without donor restrictions
$872,547
Gross receipts
$778,532
Employees
11
Volunteers
180
Year formed
1938
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
DENISE LACHINAFINANCE CHAIR
Trustee or director, Officer
8$0
MARCIA ANTHONYIMMEDIATE PAST PRESIDENT
Trustee or director
3$0
DENISE STEWARTVICE PRESIDENT
Trustee or director, Officer
30$0
LOLA LLEWYELLYNPARLIAMENTARIAN
Trustee or director, Officer
3$0
BARBARA MCKINNONPRESIDENT
Trustee or director, Officer
25$0
DEBBIE FLORENDORECORDING SECRETARY
Trustee or director, Officer
5$0
LAUREN LERNERCORRESPOND SECRETART
Trustee or director, Officer
5$0
TERI VAN FRANKTREASURER
Trustee or director, Officer
8$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
MARCIA ANTHONYPRESIDENT
Trustee or director, Officer
30$0
MARILYN BARBEEDIRECTOR
Trustee or director
38$0
SUSAN COLWELLTREASURER
Trustee or director, Officer
8$0
KELLY CUNNINGHAMDIRECTOR
Trustee or director
15$0
DEBBIE FLORENDOCORRESPOND S
Trustee or director, Officer
5$0
SANDY HACKETTDIRECTOR
Trustee or director
3$0
JOANN HARDEMANDIRECTOR
Trustee or director
3$0
ANNE HOLZEMERADVISOR/NOMI
Trustee or director
15$0
JUDY HORNINGDIRECTOR
Trustee or director
3$0
YVONNE KIERSKYDIRECTOR
Trustee or director
3$0
DENISE LACHINAFINANCE CHAI
Trustee or director, Officer
8$0
LOLA LLEWYELLYNPARLIAMENTAR
Trustee or director, Officer
3$0
BEVERLY MANKEYDIRECTOR
Trustee or director
3$0
NANCY MASTERSONDIRECTOR
Trustee or director
3$0
BARBARA MCKINNONVICE PRESIDE
Trustee or director, Officer
25$0
AFRICA MCCLOYASST. TREASU
Trustee or director, Officer
4$0
LANA OWENSDIRECTOR
Trustee or director
5$0
SUSAN PEEPLESDIRECTOR
Trustee or director
3$0
ANNE PIPERDIRECTOR
Trustee or director
3$0
JANA PULLEYDIRECTOR
Trustee or director
3$0
BARBARA SYNDERRECORDING SE
Trustee or director, Officer
5$0
ANNETTE VESCOVO-LAWRENCEDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
88 RACINE ST, MEMPHIS, TN 38111-2708
Principal officer (990 for 2024)
BARBARA MCKINNON, 88 RACINE STREET, MEMPHIS, TN 38111
Signed the 990
DENISE STEWART, VICE PRESIDENT
Phone
(901) 327-5682
Return prepared by
ATA ADVISORY LLC

Mission

TO HELP INDIGENT AND HANDICAPPED INDIVIDUALS BY PROVIDING A MEANS AND OUTLET FOR THEM TO PRODUCE AND SELL GIFTS AND CRAFT ITEMS.

990 for the year ended December 31, 2024

Program accomplishments

  • GIFT SHOP--TO PROVIDE AN OUTLET FOR INDIGENT OR HANDICAPPED INDIVIDUALS WHO CRAFT GOODS TO SELL, PROVIDING THEM WITH INCOME AN PURPOSE TO THEIR LIVES.
    Expenses $138,207 · revenue $252,396
  • TEA ROOM--TO HELP FAMILIARIZE THE PUBLIC WITH PROGRAMS AND ENCOURAGE PURCHASE OF CONSIGNED GOODS, BENEFITING THE POOR.
    Expenses $139,554 · revenue $164,407
  • MEMBERSHIP DUES AND OTHER.
    revenue $17,600

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-0585146
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
1957
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J200)
Assets (IRS master file)
$878,550
Income (IRS master file)
$778,532

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$488,687$512,882$878,550IRS
990December 2023$449,684$449,720$880,962XML
990December 2022$474,579$441,770$850,674IRS
990December 2021–––IRS
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 62-0585146).

Questions about WOMANS EXCHANGE OF MEMPHIS INC

What is the EIN of WOMANS EXCHANGE OF MEMPHIS INC?
The employer identification number (EIN) of WOMANS EXCHANGE OF MEMPHIS INC is 62-0585146.
Is WOMANS EXCHANGE OF MEMPHIS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
Are donations to WOMANS EXCHANGE OF MEMPHIS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WOMANS EXCHANGE OF MEMPHIS 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 WOMANS EXCHANGE 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 WOMANS EXCHANGE OF MEMPHIS 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 WOMANS EXCHANGE OF MEMPHIS INC?
The 990 for the year ended December 31, 2024 names BARBARA MCKINNON.
Who are the officers and directors of WOMANS EXCHANGE OF MEMPHIS INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does WOMANS EXCHANGE OF MEMPHIS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $488,687, expenses of $512,882 and total assets of $878,550 at year end.

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