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Nonprofit · EIN 46-0468961

SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt (reinstated) · MEMPHIS, TN 38126

Financials

$774K$814K2022$1.3M$1.3M2023$1M$770K2024
Revenue Expenses · by fiscal year end
Financials of SOUTH MEMPHIS RENEWAL COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,009,609$769,600$240,009$1,041,143$137,445$903,698
June 30, 2024990$1,252,434$1,262,434-$10,000$618,044$80,692$537,352
June 30, 2023990$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.

NameTitleHours / weekCompensation
JEFFREY HIGGSEXECUTIVE DIRECTOR
Officer
39$33,045
MICHAEL O MINORBOARD CHAIRPERSON
Trustee or director
10$0
JUNE CHINN-JOINTERBOARD MEMBER
Trustee or director
10$0
BEN IVYBOARD MEMBER
Trustee or director
5$0
MALCOM WILSONBOARD MEMBER
Trustee or director
6$0
KESIHA SCOTTBAORD MEMBER
Trustee or director
6$0
990 for the year ended June 30, 2024: 1 people
NameTitleHours / weekCompensation
JEFFREY HIGGSEXECUTIVE DIRECTOR
Officer
39$0
990 for the year ended June 30, 2023: 1 people
NameTitleHours / weekCompensation
JEFFREY THOMAS HIGGSEXECUTIVE 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

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.

990 for the year ended June 30, 2025

Program accomplishments

  • TRAINING YOUTH AGED 16-24 FOR WORKFORCE DEVELOPMENT IN CONSTRUCTION
    Expenses $244,502 · grants $244,502 · revenue $244,502
  • CYBERSECURITY TRAINING FOR PERSONS SEEKING INCREASED WORKFORCE SKILLS
    Expenses $333,059 · grants $333,059 · revenue $333,059
  • YOUTH SUMMER ENRICHMENT PROGRAM SHELBY COUNTY GOVERNMENT
    Expenses $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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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
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

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,009,609$769,600$1,041,143XML
990June 2024$1,252,434$1,262,434$618,044XML
990June 2023$774,259$813,846$648,107XML
990June 2022$294,636$286,118$688,719IRS
990June 2021–––IRS
990June 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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