Nonprofits›Memphis Land Bank Inc
Community Improvement & Capacity Building
Memphis Land Bank Inc
MEMPHIS, TN
Total revenue
—
Total expenses
$756K
Net assets
$9.2M
Grants received
$880K
2 grants
EIN
030482299
Tax year
2024
Mission
To acquire, construct, develop, lease, manage, operate, sell and otherwise deal with safe, decent, and affordable housing, in particular, assisting the local housing authority in providing housing to low and very low income families and individuals in the city of memphis, tennessee.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$402K
Investment income$252K
Other revenue—
Total revenue—
Expenses
Grants paid—
Salaries & benefits$440K
Fundraising—
Other expenses$316K
Total expenses$756K
Total assets$19.0M
Net assets$9.2M
People
5 listed
NameRoleCompensation
OWEN L REID
DIRECTOR OF OPERATIONS
Board
$176K
40 hrs/wk
VIRGINIA A FRANCIS
SECRETARY/ASSISTANT TREASU
Board
$176K
40 hrs/wk
OSIE LEWIS
DIRECTOR
Board
—
1 hrs/wk
J MARTIN REGAN JR
PRESIDENT
Board
—
5 hrs/wk
LUKE YANCY IV
TREASURER
Board
—
1 hrs/wk
Grants received
Showing 2 of 2
FromAmountPurposeYear
Funded by
$880K from 1 funder · 2 grants · 2019–2020
Community Foundation
$880K · 2 grants · 2019–2020
Details
EIN030482299
NTEE codeS12
Subsection03
Ruling date2004-09
Formed2000
Employees2
Volunteers0