NonprofitsFrayser Community Development Corporation

Housing & Shelter

Frayser Community Development Corporation

MEMPHIS, TN

Total revenue

$1.1M

Total expenses

$1.7M

Net assets

$3.8M

Grants received

$3.0M

30 grants

EIN

582158058

Tax year

2024

Mission

To acquire and rehabilitate affordable housing for income eligible individuals in the frayser community in memphis, tennessee. The area is characterized by high unemployment, deteriorating housing, crime and poverty.

Financials

FY 2024

Revenue

Contributions & grants$38K
Program service revenue$1.1M
Investment income$31K
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$452K
Fundraising
Other expenses$1.3M
Total expenses$1.7M
Total assets$5.0M
Net assets$3.8M

People

14 listed

NameRoleCompensation

DARRELL SCOTT

EXECUTIVE DIRECTOR

Board

$79K

40 hrs/wk

SHERMAN GREER

VICE PRESIDENT

Board

1 hrs/wk

JOHNNIE HATTEN

DIRECTOR

Board

1 hrs/wk

PEGGY JEFFERSON

DIRECTOR

Board

1 hrs/wk

SHARON COLE

PRESIDENT

Board

1 hrs/wk

REGINA DOWELL

DIRECTOR

Board

1 hrs/wk

SHELLY RICE

TREASURER

Board

1 hrs/wk

VERNON WOODS

DIRECTOR

Board

1 hrs/wk

YVONNE SPENCER

DIRECTOR

Board

1 hrs/wk

PATRICIA BURNETT

DIRECTOR

Board

1 hrs/wk

MICHAEL ELLIS

DIRECTOR

Board

1 hrs/wk

SHERITA MARTIN

DIRECTOR

Board

1 hrs/wk

LORA FOWLER

DIRECTOR

Board

1 hrs/wk

TELISE TURNER

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$200K
EXEMPT PURPOSE
2023
$40K
GENERAL - OPERATING
2023
$236K
EXEMPT PURPOSE
2022
$23K
Community Fund Ptr.
2022
$18K
PASS THROUGH PAYMENTS
2022
$275K
EXEMPT PURPOSE
2020
$200K
GENERAL OPERATIONAL SUPPORT
2020
$26K
Capacity Building
2020
$26K
Capacity Building
2020
$24K
GENERAL - OPERATING
2020
$5K
CDC Capacity Assistance
2020
$5K
CDC Capacity Assistance
2020
$5K
Capacity Building
2019
$400K
GENERAL OPERATIONAL SUPPORT
2018
$122K
FUNDING FOR MLK ZONE SINGLE FAMILY PROPERTY REHAB.
2018
$26K
Capacity Building
2018
$20K
Capacity Building
2016

Funded by

$3.0M from 11 funders · 30 grants · 2016–2024

American Online Giving Foundation Inc

$1.1M · 5 grants · 2020–2024

Massmutual Foundation Inc

$711K · 3 grants · 2020–2023

Community Foundation

$600K · 2 grants · 2018–2020

Neighborhood Preservation Inc

$122K · 1 grant · 2018

Community Lift Corp

$113K · 7 grants · 2016–2020

National Community Reinvestment

$88K · 3 grants · 2020–2022

Crews Family Foundation

$64K · 2 grants · 2020–2023

Details

EIN582158058
NTEE codeL20
Subsection03
Ruling date2000-10
Formed2000
Employees10
Volunteers10
FRAYSER COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo