Nonprofit · EIN 46-0468961
SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · MEMPHIS, TN 38126
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,009,609 | $769,600 | $240,009 | $1,041,143 | $137,445 | $903,698 |
| June 30, 2024 | 990 | $1,252,434 | $1,262,434 | -$10,000 | $618,044 | $80,692 | $537,352 |
| June 30, 2023 | 990 | $774,259 | $813,846 | -$39,587 | $648,107 | $97,849 | $550,258 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,009,609
- of which government grants
- $934,589
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $178,552
- Other salaries and wages
- $14,520
- Salaries, compensation and benefits (total)
- $194,197
- Professional fundraising fees
- $0
- Accounting fees
- $5,550
- Occupancy
- $5,223
- Travel
- $4,070
- Program services (functional)
- $691,013
- Management and general (functional)
- $78,588
Balance sheet and other
- Total assets, start of year
- $618,044
- Total assets, end of year
- $1,041,143
- Total liabilities, end of year
- $137,445
- Net assets, end of year
- $903,698
- Land, buildings and equipment
- $531,748
- Gross receipts
- $1,009,609
- Employees
- 9
- Volunteers
- 25
- Year formed
- 2002
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY HIGGS | EXECUTIVE DIRECTOR Officer | 39 | $33,045 |
| MICHAEL O MINOR | BOARD CHAIRPERSON Trustee or director | 10 | $0 |
| JUNE CHINN-JOINTER | BOARD MEMBER Trustee or director | 10 | $0 |
| BEN IVY | BOARD MEMBER Trustee or director | 5 | $0 |
| MALCOM WILSON | BOARD MEMBER Trustee or director | 6 | $0 |
| KESIHA SCOTT | BAORD MEMBER Trustee or director | 6 | $0 |
990 for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY HIGGS | EXECUTIVE DIRECTOR Officer | 39 | $0 |
990 for the year ended June 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY THOMAS HIGGS | EXECUTIVE DIRECTOR Officer, Highest-paid employee | 50 | $0 |
Address and contacts
- Address (IRS master file)
- 1109 MISSISSIPPI BLVD, MEMPHIS, TN 38126-6605
- In care of
- % JEFFREY T HIGGS
- Principal officer (990 for 2024)
- JEFFREY T HIGGS, 1109 MISSISSIPPI BLVD, MEMPHIS, TN 38126
- Signed the 990
- JEFFREY T HIGGS, EXECUTIVE DIRECTOR
- Phone
- (901) 508-5027
- Website
- SOUTHMEMPHISRENEWALCDC.ORG
Mission
To raise the economic levels of those who live work and play in South Memphis community by sustaining a process to lessen poverty eliminate racial tension poverty and crime and increase housing education economic and community development.
Program accomplishments
- TRAINING YOUTH AGED 16-24 FOR WORKFORCE DEVELOPMENT IN CONSTRUCTIONExpenses $244,502 · grants $244,502 · revenue $244,502
- CYBERSECURITY TRAINING FOR PERSONS SEEKING INCREASED WORKFORCE SKILLSExpenses $333,059 · grants $333,059 · revenue $333,059
- YOUTH SUMMER ENRICHMENT PROGRAM SHELBY COUNTY GOVERNMENTExpenses $113,452 · grants $113,452 · revenue $113,452
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0468961
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,041,143
- Income (IRS master file)
- $1,009,609
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- July 13, 2011
- Reinstated
- Effective November 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,009,609 | $769,600 | $1,041,143 | XML |
| 990 | June 2024 | $1,252,434 | $1,262,434 | $618,044 | XML |
| 990 | June 2023 | $774,259 | $813,846 | $648,107 | XML |
| 990 | June 2022 | $294,636 | $286,118 | $688,719 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0468961).
Questions about SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION is 46-0468961.
- Is SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
- Are donations to SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names JEFFREY T HIGGS.
- Who are the officers and directors of SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $33,045 (JEFFREY HIGGS, EXECUTIVE DIRECTOR).
- How much revenue does SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,009,609, expenses of $769,600 and total assets of $1,041,143 at year end.
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- HICKORY RIDGE MALL CD CORPORATION EIN 27-2018242 · last filed 990 for 2024
- VIBRANT MEMPHIS INC EIN 82-0904035 · last filed 990 for 2024
- RIVER CITY CAPITAL INVESTMENT CORP EIN 27-3941432 · last filed 990 for 2025
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All nonprofits in MEMPHIS · Tennessee · Community improvement and capacity building