Housing & Shelter
Promise Development Corporation
MEMPHIS, TN
Total revenue
$3.5M
Total expenses
$3.5M
Net assets
$6.3M
Grants received
$1.1M
20 grants
EIN
311708526
Tax year
2023
Mission
To enhance the quality of life through creating and preserving housing, promoting economic development opportunities and encouraging community life.
Financials
FY 2023
Revenue
Expenses
People
9 listed
CORNELIUS SANDERS
EXECUTIVE DIRECTOR
$125K
30 hrs/wk
REVA MARSHALL
SECRETARY
$25K
20 hrs/wk
JUSTIN STARLING
MEMBER
—
1 hrs/wk
DEMETRA KEYS
MEMBER
—
1 hrs/wk
JANICE BENNETT
VICE PRESIDENT
—
1 hrs/wk
MELVIN WILLIAMS
MEMBER
—
1 hrs/wk
CHEMISE BUIRSE
BOARD CHAIR/PRESIDENT
—
11 hrs/wk
ROBERT MALONE
MEMBER
—
1 hrs/wk
RODNEY SANDERS
TREASURER
—
1 hrs/wk
Independent contractors
B&W EXCAVATING
CONSTRUCTION
WALDEN POINTE APARTMENTS
RENT
Grants received
Showing 20 of 20
Funded by
$1.1M from 3 funders · 20 grants · 2016–2023
$637K · 6 grants · 2017–2023
$347K · 10 grants · 2016–2023
$136K · 4 grants · 2018–2022