Nonprofit · EIN 58-1330667
MEMPHIS CENTER CITY DEVELOPMENT CORPORATION
Tax-exempt · MEMPHIS, TN 38103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,250,295 | $1,579,646 | $670,649 | $13,111,126 | $1,923,923 | $11,187,203 |
| June 30, 2024 | 990 | $1,345,075 | $1,445,086 | -$100,011 | $12,465,355 | $1,948,801 | $10,516,554 |
| June 30, 2023 | 990 | $1,738,728 | $1,631,052 | $107,676 | $12,203,798 | $1,598,070 | $10,605,728 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,776,292
- Program service revenue
- $42,494
- Investment income
- $498,070
- Net rental income
- -$66,561
- Other revenue
- -$66,561
Expenses
- Grants and similar amounts paid
- $1,118,228
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $87,388
- Occupancy
- $14,496
- Depreciation
- $21,695
- Program services (functional)
- $1,579,646
Balance sheet and other
- Total assets, start of year
- $12,465,355
- Total assets, end of year
- $13,111,126
- Total liabilities, end of year
- $1,923,923
- Net assets, end of year
- $11,187,203
- Land, buildings and equipment
- $2,574,595
- Publicly traded securities
- $2,684,469
- Net assets without donor restrictions
- $11,187,203
- Gross receipts
- $2,557,050
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1978
- 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 |
|---|---|---|---|
| TANJA MITCHELL | CHAIRPERSON Trustee or director | 4 | $0 |
| DACQUIRI BAPTISTE | SECRETARY Trustee or director | 4 | $0 |
| WILLIAMS BRACK | DIRECTOR Trustee or director | 4 | $0 |
| CARL PERSON | DIRECTOR Trustee or director | 4 | $0 |
| VICTORIA YOUNG ROBINSON | DIRECTOR Trustee or director | 4 | $0 |
| ANGEL PRICE | DIRECTOR Trustee or director | 4 | $0 |
| KEVIN BREWER | TREASURER Trustee or director | 4 | $0 |
| LISA BROWN-TUCKER | DIRECTOR Trustee or director | 4 | $0 |
| SURAYYAH HASAN | DIRECTOR Trustee or director | 4 | $0 |
| CHANDELL RYAN | PRESIDENT & CEO Officer | 40 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tanja Mitchell | Chairperson Trustee or director | 4 | $0 |
| Dacquiri Baptiste | Board Member Trustee or director | 4 | $0 |
| Williams Brack | Board Member Trustee or director | 4 | $0 |
| Carl Person | Board Member Trustee or director | 4 | $0 |
| Victoria Young | Board Member Trustee or director | 4 | $0 |
| Angel Price | Board Member Trustee or director | 4 | $0 |
| Kevin Brewer | Board Member Trustee or director | 4 | $0 |
| Patrick Hillard | Board Member Trustee or director | 4 | $0 |
| Surayyah Hansan | Board Member Trustee or director | 4 | $0 |
| Lisa Brown-Tucker | Board Member Trustee or director | 4 | $0 |
| Chandell Ryan | President/CEO Key employee, Highest-paid employee | 40 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Angel Price | Board Member Trustee or director, Officer | 4 | $0 |
| Dacquiri Baptiste | Board Member Trustee or director, Officer | 4 | $0 |
| Demar Roberts | Board Member Trustee or director, Officer | 4 | $0 |
| Elizabeth Low | Board Member Trustee or director | 4 | $0 |
| Anton Mack | Chairperson Trustee or director | 4 | $0 |
| Carl Person | Board Member Trustee or director | 4 | $0 |
| Benjamin Orgel | Board Member Trustee or director | 4 | $0 |
| Deni Reilly | Board Member Trustee or director | 4 | $0 |
| Tanja Mitchell | Board Member Trustee or director | 4 | $0 |
| Paul Young | President/CEO Key employee, Highest-paid employee | 40 | $0 |
| Kevin Brewer | Board Member Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 114 N MAIN ST, MEMPHIS, TN 38103-2003
- Principal officer (990 for 2024)
- CHANDELL RYAN, 114 N MAIN STREET, MEMPHIS, TN 38103
- Signed the 990
- CHANDELL RYAN, PRESIDENT & CEO
- Phone
- (901) 575-0550
- Return prepared by
- HENDERSON HUTCHERSON & MCCULLOUGH PLLC
Mission
ASSIST PRIVATE DEVELOPMENT PROJECTS
Program accomplishments
- ASSIST PRIVATE DEVELOPMENT PROJECTSExpenses $1,579,646 · grants $1,118,228 · revenue -$24,067
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
- 58-1330667
- 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
- 1978
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $13,111,126
- Income (IRS master file)
- $2,557,050
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,250,295 | $1,579,646 | $13,111,126 | IRS |
| 990 | June 2024 | $1,345,075 | $1,445,086 | $12,465,355 | IRS |
| 990 | June 2023 | $1,738,728 | $1,631,052 | $12,203,798 | XML |
| 990 | June 2022 | $143,140 | $1,715,061 | $10,785,679 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 58-1330667).
Questions about MEMPHIS CENTER CITY DEVELOPMENT CORPORATION
- What is the EIN of MEMPHIS CENTER CITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MEMPHIS CENTER CITY DEVELOPMENT CORPORATION is 58-1330667.
- Is MEMPHIS CENTER CITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to MEMPHIS CENTER CITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEMPHIS CENTER CITY 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 MEMPHIS CENTER CITY 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 MEMPHIS CENTER CITY 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 MEMPHIS CENTER CITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names CHANDELL RYAN.
- Who are the officers and directors of MEMPHIS CENTER CITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does MEMPHIS CENTER CITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,250,295, expenses of $1,579,646 and total assets of $13,111,126 at year end.
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