NonprofitsSoutheast Regional Development Corporation

Community Improvement & Capacity Building

Southeast Regional Development Corporation

MEMPHIS, TN

Total revenue

$8K

Total expenses

$93K

Net assets

$6.1M

Grants received

$3.3M

5 grants

EIN

621594643

Tax year

2024

Mission

Provide Low Income Housing

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$5K
Other revenue$3K
Total revenue$8K

Expenses

Grants paid
Salaries & benefits$86K
Fundraising
Other expenses$7K
Total expenses$93K
Total assets$6.1M
Net assets$6.1M

People

2 listed

NameRoleCompensation

J W Gibson

Director

Board

$80K

20 hrs/wk

Ms Gail Davis

Asst. Director

Board

20 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$1.0M
GENERAL OPERATIONAL SUPPORT
2021
$2.0M
GENERAL OPERATIONAL SUPPORT
2020
$100K
TO SCALE UP NON-PROFIT URBAN DEVELOPMENT CAPACITY IN MEMPHIS AND CREATE A LEADER IN INCLUSIVE REVITALIZATION FOR PREDOMINANTLY AFRICAN-AMERICAN NEIGHBORHOODS IN THE HEART OF MEMPHIS.
2020
$230K
GENERAL OPERATIONAL SUPPORT
2019

Funded by

$3.3M from 3 funders · 5 grants · 2019–2022

Community Foundation

$3.2M · 3 grants · 2019–2021

The Kresge Foundation

$100K · 1 grant · 2020

United Way Of The Mid South

$7K · 1 grant · 2022

Details

EIN621594643
NTEE codeS30
Subsection03
Ruling date1996-09
Formed1995
Employees0
Volunteers0
SOUTHEAST REGIONAL DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo