NonprofitsJacobs Ladder Community Development Corporation

Housing & Shelter

Jacobs Ladder Community Development Corporation

MEMPHIS, TN

Total revenue

$226K

Total expenses

$153K

Net assets

$573K

Grants received

$132K

15 grants

EIN

830391379

Tax year

2024

Mission

We help build and maintain strong sustainable communities

Programs

2 programs

Our Community Education Programs: After school children's center provides a safe and fun sanctuary in a depressed and sometimes violent community. The center teaches music lessons, conducts summer camp, summer time lunches and work opportunities.

Expenses: $23K

Our Real Estate Enhancement Programs: Our Housing Renovation Team is rebuilding Belt Line infrastructure (30 to date since 2005). Volunteers, neighborhood residents and contractors comprise a team that promotes home ownership to qualified home buyers. Population affected: 2800. Our Real Estate Enhancement Team (neighborhood residents, volunteers and contractors) regularly maintain over 126 vacant lots, has demolished 60+ dilapidated structures. These efforts have reduced crime and improved the quality of life for the neighborhood.

Expenses: $111K

Financials

FY 2024

Revenue

Contributions & grants$65K
Program service revenue$94K
Investment income$53K
Other revenue$14K
Total revenue$226K

Expenses

Grants paid
Salaries & benefits$72K
Fundraising$4K
Other expenses$81K
Total expenses$153K
Total assets$944K
Net assets$573K

People

6 listed

NameRoleCompensation

CARLTON RAY

MEMBER

Board

1 hrs/wk

AL LYLES

CHAIRMAN

Board

20 hrs/wk

SHIRLEY LYLES

SECRETARY

Board

25 hrs/wk

PERRY HINKLE

MEMBER

Board

1 hrs/wk

LANA MARLER

BUSINESS MANAGER

Staff

$36K

30 hrs/wk

William Marler

Exec Director/CEO

Staff

$28K

40 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$12K
GENERAL OPERATIONAL SUPPORT
2023
$6K
GENERAL OPERATIONAL SUPPORT
2022
$6K
GENERAL OPERATIONAL SUPPORT
2021
$16K
CDC Capacity Assistance
2020
$16K
CDC Capacity Assistance
2020
$7K
GENERAL OPERATIONAL SUPPORT
2020
$16K
Capacity Building
2019
$7K
GENERAL OPERATIONAL SUPPORT
2019
$8K
Capacity Building
2018
$6K
GENERAL OPERATIONAL SUPPORT
2018
$1K
GENERAL OPERATIONAL SUPPORT
2018
$100
GENERAL OPERATIONAL SUPPORT
2018
$75
GENERAL OPERATIONAL SUPPORT
2018
$6K
Capacity Building
2017
$24K
Capacity Building
2016

Funded by

$132K from 2 funders · 15 grants · 2016–2023

Community Lift Corp

$87K · 6 grants · 2016–2020

Community Foundation

$45K · 9 grants · 2018–2023

Details

EIN830391379
NTEE codeL25
Subsection03
Ruling date2004-11
Formed2004
Employees0
Volunteers107
JACOBS LADDER COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo