2024-08-13T13:46:05-05:00 2023-12-31 621804252 WATKINS UIBERALL PLLC 1661 AARON BRENNER DR STE 300 MEMPHIS TN 38120 990 2023-01-01 581607228 NEW MEMPHIS INSTITUTE NEWM 9015274625 516 TENNESSEE STREET 301 MEMPHIS TN 38103 ANNA MULLINS ELLIS PRESIDENT & CEO 9015274625 2024-08-07 1 1 LESLIE D WILLIAMS P01307263 9017612720 2024-08-07 2023 2024-08-08 14:25:15Z ANNA MULLINS ELLIS 516 TENNESSEE STREET 301 MEMPHIS TN 38103 3377982 0 X WWW.NEWMEMPHIS.ORG X 1984 TN NEW MEMPHIS FORGES A PROSPEROUS AND VITAL NEW MEMPHIS BY DEVELOPING, ACTIVATING AND RETAINING TALENT IN ORDER TO MOVE MEMPHIS FORWARD BY DELIVERING PROGRAMS THAT EMPOWER AND INSPIRE INDIVIDUALS TO FURTHER DEVELOP THE STRENGTHS OF OUR CITY. 33 33 19 1000 0 0 1816352 2595862 505399 547828 188401 23662 17987 210630 2528139 3377982 0 0 0 0 1402514 1567536 0 0 76272 1161394 1127204 2563908 2694740 -35769 683242 5198582 6025275 1677144 1601270 3521438 4424005 X NEW MEMPHIS FORGES A PROSPEROUS AND VITAL NEW MEMPHIS BY DEVELOPING, ACTIVATING AND RETAINING TALENT IN ORDER TO MOVE MEMPHIS FORWARD BY DELIVERING PROGRAMS THAT EMPOWER AND INSPIRE INDIVIDUALS TO FURTHER DEVELOP THE STRENGTHS OF OUR CITY. 0 0 333076 397500 THE LEADERSHIP DEVELOPMENT INTENSIVE BEGINS WITH A THREE-AND-A-HALF DAY TRAINING EXPERIENCE DELIVERED TWO TIMES A YEAR IN PARTNERSHIP WITH THE CENTER FOR CREATIVE LEADERSHIP. MORE THAN 1,000 EXECUTIVE-LEVEL BUSINESS AND CIVIC LEADERS HAVE COMPLETED THIS PROGRAM WHICH EMPOWERS ESTABLISHED LEADERS TO BETTER UNDERSTAND AND USE THEIR STRENGTHS TO MOVE MEMPHIS FORWARD. EVERY YEAR THIS GROWING NUMBER OF LEADERS REPRESENTS THE DRIVING FORCE OF NEW MEMPHIS INSTITUTE: THE GREATEST CATALYST OF POSITIVE TRANSFORMATION IN ANY COMMUNITY IS STRONG AND ENGAGED LEADERS. THESE LEADERS SPEND COMMUNITY TIME SERVING ON BOARDS AND COMMITTEES BASED ON REFERRALS MADE BY NEW MEMPHIS INSTITUTE; ADVISING THE FELLOWS ON THEIR COMMUNITY ACTION PROJECTS; ENGAGING AND PRESENTING AT THE CELEBRATE WHAT'S RIGHT LUNCHEONS; AND WORKING TO ATTRACT AND ACCLIMATE TOP TALENT TO MEMPHIS (OVER 1,000 PERSONS BENEFITED). 279376 67200 THE FELLOWS PROGRAM IS A 12-MONTH ENGAGEMENT THAT GIVES HIGH-POTENTIAL, EMERGING LEADERS THE TOOLS, EXPERIENCES AND CONNECTIONS NEEDED TO BECOME CHANGE AGENTS, INCLUSIVE LEADERS AND QUALIFIED CITY AMBASSADORS. CORE TO THE CURRICULUM IS THE DEVELOPMENT AND IMPLEMENTATION OF COMMUNITY ACTION PROJECTS (CAP) DESIGNED TO BUILD CAPACITY OF EXISTING NONPROFIT ORGANIZATIONS. THERE ARE CURRENTLY 100 CAP AT WORK IN OUR COMMUNITY (1,000 PERSONS BENEFITED). 267988 25650 EMBARK WAS DEVELOPED TO EQUIP PROMISING YOUNG PROFESSIONALS WITH THE TRAINING TO SET A COURSE FOR THEIR CAREER AND THE OPPORTUNITY TO NETWORK WITH OTHERS READY TO MAKE A DIFFERENCE IN THE COMMUNITY (1,300 PERSONS BENEFITED). 1538400 57478 ALL OTHER REMAINING PROGRAM SERVICES 1538400 57478 2418840 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 TN X X ANNA MULLINS ELLIS 9015274625 516 TENNESSEE STREET 301 MEMPHIS TN 38103 NANCY AVERWATER TRUSTEE 1.00 X 0 0 0 RENEE BAILEY TRUSTEE 1.00 X 0 0 0 VERNELL BENNETT-FAIRS TRUSTEE 1.00 X 0 0 0 PETER BUNCE TRUSTEE 1.00 X 0 0 0 DARRELL COBBINS TRUSTEE 1.00 X 0 0 0 JOHN DANIEL AT LARGE 1.00 X X 0 0 0 NEIL GIBSON IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 TANNERA GEORGE GIBSON TRUSTEE 1.00 X 0 0 0 JIL JORDAN GREENE TRUSTEE 1.00 X 0 0 0 MATT HARRELL TREASURER 1.00 X X 0 0 0 DON HUTSON TRUSTEE 1.00 X 0 0 0 DAPHNE LARGE TRUSTEE 1.00 X 0 0 0 JUSTIN LAWHEAD TRUSTEE 1.00 X 0 0 0 KELLY LOMAX TRUSTEE 1.00 X 0 0 0 MICHELL LOWERY TRUSTEE 1.00 X 0 0 0 ISAAC RODRIGUEZ SECRETARY 1.00 X X 0 0 0 CHANDELL RYAN TRUSTEE 1.00 X 0 0 0 ANDREW SCHAEFFER CHAIR 1.00 X X 0 0 0 GREG SPILLYARDS TRUSTEE 1.00 X 0 0 0 SUSAN STEPHENSON AT LARGE 1.00 X X 0 0 0 FRED TOWLER TRUSTEE 1.00 X 0 0 0 TISH TOWNS AT LARGE 1.00 X X 0 0 0 DUNCAN WILLIAMS AT LARGE 1.00 X X 0 0 0 KEVIN WOODS VICE CHAIR 1.00 X X 0 0 0 PAUL YOUNG TRUSTEE 1.00 X 0 0 0 KONTJI ANTHONY TRUSTEE 1.00 X 0 0 0 FEDERICO FIDALGO TRUSTEE 1.00 X 0 0 0 TANYA HART TRUSTEE 1.00 X 0 0 0 MIKE LAMBERT TRUSTEE 1.00 X 0 0 0 AMANDA SEIDL TRUSTEE 1.00 X 0 0 0 JIM SUMMERVILLE TRUSTEE 1.00 X 0 0 0 TED TOWNSEND TRUSTEE 1.00 X 0 0 0 GIL UHLHORN TRUSTEE 1.00 X 0 0 0 ANNA MULLINS ELLIS CEO 40.00 X 204497 0 14238 JILL TURNER COO 40.00 X 147560 0 13054 ANNA WOHRMAN VP OF STRATEGIC INITIATIVES 40.00 X 112875 0 17485 KAYLON BRADFORD VP OF PROGRAMS 40.00 X 116096 0 10605 581028 0 55382 4 0 1 0 0 173754 2422108 2595862 PROGRAM FEES 611710 547828 547828 547828 23662 23662 OTHER INCOME 900099 210630 210630 210630 3377982 758458 0 23662 379350 345208 18968 15174 984992 896343 49249 39400 100568 91517 5028 4023 102626 93390 5131 4105 62150 62150 243761 243761 37255 37255 110223 100303 5511 4409 10724 9759 536 429 115355 104973 5768 4614 41505 40355 639 511 37427 34059 1871 1497 9314 8475 466 373 TRAINING 386815 386815 DUES 36041 36041 REPAIRS & MAINTENANCE 29527 26627 1611 1289 BAD DEBT 6100 6100 1007 559 448 2694740 2418840 199628 76272 407879 639591 355590 615808 197 173754 51760 40871 616843 386509 200916 230334 2344491 2576643 1837749 1748274 5198582 6025275 136223 86085 49625 93850 1491296 1421335 1677144 1601270 X 3154048 3485345 367390 938660 3521438 4424005 5198582 6025275 683242 219325 0 X X 0 1 X 1 0 X 2308164 1796187 2083840 1880557 2852234 10920982 2308164 1796187 2083840 1880557 2852234 10920982 1678773 9242209 93124 75783 78976 77903 23662 349448 11270430 0.82000 0.84830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 226034 15177 210857 390809 371332 19477 230334 LAND HELD FOR SALE 329000 ROU ASSET 1419274 1748274 3643049 219325 45742 265067 3377982 0 3377982 2740482 45742 45742 2694740 0 2694740 X 0 0 0 0 0 0 0 0 0 ANNA MULLINS ELLIS CEO 204497 0 0 0 0 0 0 0 14238 0 218735 0 0 0 JILL TURNER COO 147560 0 0 0 0 0 0 0 13054 0 160614 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PROVIDES A DRAFT OF THE PROPOSED 990. AFTER STAFF REVISIONS IT IS SENT TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL AND THEN TO THE BOARD. IT IS THEN RETURNED TO THE INDEPENDENT ACCOUNTING FIRM TO BE FINALIZED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR EVERY TRUSTEE IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT WHICH STATES THAT THEY HAVE BEEN INFORMED AND AGREE TO BRING TO THE ATTENTION OF THE PROPER LEVEL OF AUTHORITY ANY REAL OR PERCEIVED CONFLICTS OF INTEREST THAT ARISE DURING THE COURSE OF THEIR TENURE WITH THE ORGANIZATION. SUCH CONFLICTS INCLUDE, BUT ARE NOT LIMITED TO, PERSONAL AFFILIATIONS, PROFESSIONAL AFFILIATIONS, BUSINESS DEALINGS, DEALING WITH OTHER BOARDS, AND SO FORTH. ADDITIONALLY THEY AGREE TO ABIDE BY THE DIRECTION AND DECISION RENDERED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE REVIEWS COMPARABILITY DATA AND APPROVES CEO, COO, AND CHIEF PROGRAMS AND TRAINING OFFICER COMPENSATION. THEN THE FULL BOARD VOTES TO APPROVE PERSONNEL BUDGET AS A PART OF ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 ANOTHER'S WEBSITE - ALL INFORMATION IS POSTED ON GUIDE STAR. ALL INFORMATION IS FILED IN THE OFFICE AND AVAILABLE UPON REQUEST AT ANY TIME THE OFFICE IS OPEN FOR BUSINESS. PART XII LINE 2C THE PROCESS HAD NOT CHANGED FROM THE PRIOR YEAR.