J Korber Foundation Inc

Albuquerque, NM
EIN: 85-0275755

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$107k (2025)

Expenses

$106k (2025)

Total Assets

$1.6M (2025)

Total Liabilities

$42k (2025)

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2025

Revenue

$107,295

Expenses

$106,367

Net Income

$928

Net Assets

$1,554,785

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$52,651	49.1%
Sales of Assets	$54,644	50.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$85,000	79.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,596,785
Total Liabilities	$42,000
Net Assets	$1,554,785

Compensation

Key Employees and Officers	Compensation	Other
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (President)	$0	$0
Jacob Montoya (Director)	$0	$0

990-PF

Filed on July 15, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2024

Revenue

$116,511

Expenses

$133,822

Net Income

-$17,311

Net Assets

$1,555,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$52,385	45.0%
Sales of Assets	$64,126	55.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,000	82.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,605,517
Total Liabilities	$50,000
Net Assets	$1,555,517

Compensation

Key Employees and Officers	Compensation	Other
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (President)	$0	$0
Jacob Montoya (Director)	$0	$0

990-PF

Filed on July 30, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2023

Revenue

$115,045

Expenses

$129,328

Net Income

-$14,283

Net Assets

$1,573,507

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$49,164	42.7%
Sales of Assets	$65,881	57.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,000	85.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,623,507
Total Liabilities	$50,000
Net Assets	$1,573,507

Compensation

Key Employees and Officers	Compensation	Other
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (President)	$0	$0
Jacob Montoya (Director)	$0	$0

990-PF

Filed on Aug. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2022

Revenue

$180,316

Expenses

$182,179

Net Income

-$1,863

Net Assets

$1,592,816

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$43,282	24.0%
Sales of Assets	$137,034	76.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$160,000	87.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,642,816
Total Liabilities	$50,000
Net Assets	$1,592,816

Compensation

Key Employees and Officers	Compensation	Other
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (President)	$0	$0
Jacob Montoya (Director)	$0	$0

990-PF

Filed on Oct. 3, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2021

Revenue

$131,154

Expenses

$129,193

Net Income

$1,961

Net Assets

$1,594,679

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$38,790	29.6%
Sales of Assets	$92,364	70.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,000	85.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,602,679
Total Liabilities	$8,000
Net Assets	$1,594,679

Compensation

Key Employees and Officers	Compensation	Other
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (President)	$0	$0
Jacob Montoya (Director)	$0	$0

990-PF

Filed on Aug. 16, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2020

Revenue

$68,530

Expenses

$132,826

Net Income

-$64,296

Net Assets

$1,592,718

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$51,858	75.7%
Sales of Assets	$16,672	24.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,000	82.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,609,718
Total Liabilities	$17,000
Net Assets	$1,592,718

Compensation

Key Employees and Officers	Compensation	Other
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (President)	$0	$0
Jacob Montoya (Director)	$0	$0

990-PF

Filed on July 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2019

Revenue

$386,153

Expenses

$129,395

Net Income

$256,758

Net Assets

$1,657,014

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$12,092	3.1%
Sales of Assets	$374,061	96.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,000	85.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,657,014
Total Liabilities	$0
Net Assets	$1,657,014

Compensation

Key Employees and Officers	Compensation	Other
John A Korber Ii (Past President)	$0	$0
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (President)	$0	$0
Jacob Montoya (Director)	$0	$0

+ View more people

990-PF

Filed on Aug. 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2018

Revenue

$76,900

Expenses

$128,652

Net Income

-$51,752

Net Assets

$1,400,256

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,702	17.8%
Sales of Assets	$63,198	82.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,000	85.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,400,256
Total Liabilities	$0
Net Assets	$1,400,256

Compensation

Key Employees and Officers	Compensation	Other
John A Korber Ii (President)	$0	$0
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (Sec/Treas)	$0	$0

990-PF

Filed on Aug. 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2017

Revenue

$52,092

Expenses

$119,021

Net Income

-$66,929

Net Assets

$1,452,008

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$26,502	50.9%
Sales of Assets	$25,590	49.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$102,000	85.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,452,008
Total Liabilities	$0
Net Assets	$1,452,008

Compensation

Key Employees and Officers	Compensation	Other
John A Korber Ii (President)	$0	$0
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (Sec/Treas)	$0	$0

990-PF

Filed on Aug. 11, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2016

Revenue

$100,695

Expenses

$116,276

Net Income

-$15,581

Net Assets

$1,518,937

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,924	1.9%
Dividends	$25,900	25.7%
Sales of Assets	$72,871	72.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$98,000	84.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,518,937
Total Liabilities	$0
Net Assets	$1,518,937

Compensation

Key Employees and Officers	Compensation	Other
John A Korber Ii (President)	$0	$0
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (Sec/Treas)	$0	$0

990-PF

Filed on Aug. 9, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2015

Revenue

$100,174

Expenses

$111,841

Net Income

-$11,667

Net Assets

$1,534,518

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10	0.0%
Interest Revenue	$4,045	4.0%
Dividends	$24,771	24.7%
Sales of Assets	$71,348	71.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$92,000	82.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,534,518
Total Liabilities	$0
Net Assets	$1,534,518

Compensation

Key Employees and Officers	Compensation	Other
John A Korber Ii (President)	$0	$0
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (Sec/Treas)	$0	$0

990-PF

Filed on Aug. 17, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2014

Revenue

$143,549

Expenses

$97,735

Net Income

$45,814

Net Assets

$1,546,185

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,029	2.8%
Dividends	$23,862	16.6%
Sales of Assets	$115,658	80.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$81,000	82.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,546,185
Total Liabilities	$0
Net Assets	$1,546,185

Compensation

Key Employees and Officers	Compensation	Other
John A Korber Ii (President)	$0	$0
Julia A Elstner (Vice Pres)	$0	$0
Jessica Montoya (Sec/Treas)	$0	$0

990-PF

Filed on Aug. 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2013

Revenue

$109,341

Expenses

$102,281

Net Income

$7,060

Net Assets

$1,500,370

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,090	3.7%
Dividends	$26,929	24.6%
Sales of Assets	$78,322	71.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$77,000	75.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,500,371
Total Liabilities	$1
Net Assets	$1,500,370

990-PF

Filed on Jan. 14, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2012

Revenue

$275,747

Expenses

$87,734

Net Income

$188,013

Net Assets

$1,493,310

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,199	1.5%
Dividends	$26,317	9.5%
Sales of Assets	$244,030	88.5%
Other Income	$1,201	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$69,000	78.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,493,311
Total Liabilities	$1
Net Assets	$1,493,310

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated March 23, 2026

J Korber Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $107k (2025)

Expenses $106k (2025)

Total Assets $1.6M (2025)

Total Liabilities $42k (2025)

Tax Filings by Year

Fiscal Year Ending March 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$107k (2025)

Expenses

$106k (2025)

Total Assets

$1.6M (2025)

Total Liabilities

$42k (2025)

Fiscal Year Ending March
2025

Fiscal Year Ending March
2024

Fiscal Year Ending March
2023

Fiscal Year Ending March
2022

Fiscal Year Ending March
2021

Fiscal Year Ending March
2020

Fiscal Year Ending March
2019

Fiscal Year Ending March
2018

Fiscal Year Ending March
2017

Fiscal Year Ending March
2016

Fiscal Year Ending March
2015

Fiscal Year Ending March
2014

Fiscal Year Ending March
2013

Fiscal Year Ending March
2012

Fiscal Year Ending March
2011

Fiscal Year Ending March
2010

Fiscal Year Ending March
2009

Fiscal Year Ending March
2008

Fiscal Year Ending March
2007

Fiscal Year Ending March
2006

Fiscal Year Ending March
2005

Fiscal Year Ending March
2004

Fiscal Year Ending March
2003

Fiscal Year Ending March
2002