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Memphis economic development organizations

There are 46economic development organizations in the greater Memphismetro area. Combined, these Memphis metro economic development organizationsemploy 127 people, earn more than $59 million in revenue each year, and have assets of $125 million.
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Types of economic development organizations in Memphis

Nonprofit typeNumberRevenues
Economic development organizations
46
$58,551,992
Urban development organizations
23
$8,727,888
Convention centers and visitor bureaus
2
$19,186,089
Showing 3 of 3categories

Job trends for Memphis economic development organizations

Employees per organizationNumber of organizations
0
11
1-10
10
11-25
3
26-100
1
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in Memphis

Revenues per organizationNumber of organizations
< $250k
12
$250k to $1M
7
$1M to $5M
7
$5M to $25M
2
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:

Directory of economic development organizations in Memphis

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1-20 of 46

Memphis Tourism Corporation

Memphis Tourism Corp. markets the city as a convention and tourism destination, provides visitor information centers, and promotes local hospitality industry development.
Revenue
$19.2m
Assets
$48.3m
Employees
47
EIN
62-1025301
IRS type
501(c)(6)

Crosstown Redevelopment Cooperative Association

Crosstown Redevelopment Cooperative Association revitalizes Memphis' Crosstown neighborhood by managing Crosstown Concourse and launching community development programs.
Revenue
$20.4m
Assets
$26.5m
Employees
2
EIN
47-2073263
IRS type
501(c)(3)

Desoto County Economic Development Council

Desoto County Council recruits industry, and expanded business in Desoto County, while assisting educational-industry partnerships.
Revenue
$878.1k
Assets
$674.2k
Employees
6
EIN
64-0616656
IRS type
501(c)(6)

Community Lift Corporation

Community Lift Corporation revitalizes Memphis neighborhoods through targeted investment and community development for better living.
Revenue
$2.4m
Assets
$3.2m
Employees
10
EIN
27-3941355
IRS type
501(c)(3)

Memphis Medical District Collaborative

Memphis Medical District Collaborative serves as a community development organization with the mission to revitalize and make the Memphis Medical District more vibrant, prosperous, and equitable through real estate.
Revenue
$3.0m
Assets
$5.7m
Employees
0
EIN
81-0729268
IRS type
501(c)(3)

Aglaunch Initiative

AgLaunch catalyzes ag and food economy transformation, supporting agtech startups solving sustainability problems through their cohort-based accelerator and mentor program.
Revenue
$2.4m
Assets
$2.1m
Employees
11
EIN
83-0995119
IRS type
501(c)(3)

Binghampton Development Corporation

Binghampton Development Corporation supports the revitalization of the Binghampton neighborhood in Memphis, Tennessee to improve the quality of life and build a healthy community through housing and economic development.
Revenue
$2.2m
Assets
$14.6m
Employees
23
EIN
20-0062075
IRS type
501(c)(3)

Memphis Center City Development Corporation

Memphis Center City Development Corporation assists private development projects and functions as an urban, community economic development organization.
Revenue
$1.7m
Assets
$12.2m
Employees
0
EIN
58-1330667
IRS type
501(c)(3)

Memphis Brand Office

Memphis Brand initiative is an organization with a goal of elevating the memphis/shelby county's global reputation by defining the authentic and essential Brand identity and communicating it in a newly strategic and coordinated way.
Revenue
$1.7m
Assets
$930.9k
Employees
4
EIN
37-1831645
IRS type
501(c)(3)

BLDG Memphis

BLDG Memphis drives neighborhood investments via advocacy, capacity building and community education while serving 25 CDC members with training and assistance.
Revenue
$792.5k
Assets
$566.5k
Employees
7
EIN
62-1514675
IRS type
501(c)(3)

Memphis Tomorrow

To bring top business leaders together with government and civic leadership to foster economic prosperity and quality of life for all who live in the Memphis community.
Revenue
$1.0m
Assets
$526.5k
Employees
1
EIN
62-1867308
IRS type
501(c)(3)

Spencers Family Foundation TN

Spencers Family Foundation TN is an urban development organization in Memphis, TN that was founded in 2012.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
80-0686003
IRS type
501(c)(3)

Tate County Economic Development Foundation

Improving Economic Development opportunities for Tate County, Mississippi, through the advancement of commercial, industrial, agricultural and civic interests of the County.
Revenue
$735.3k
Assets
$940.5k
Employees
3
EIN
64-0863145
IRS type
501(c)(6)

Successful Living Economic & CDC

Successful Living Economic & CDC is an urban development organization in Memphis, TN that was founded in 2016.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
81-1470818
IRS type
501(c)(3)

Progeny Startups

Progeny Startup fosters community development and builds equity in underserved neighborhoods through support programs for individuals in Memphis, TN.
Revenue
$273.6k
Assets
$21.7k
Employees
6
EIN
83-4655178
IRS type
501(c)(3)

Region Smart

Regionsmart Smart convenes Mid-South leaders to collaborate on solutions for regional issues, including a developer program and interstate Compact Agency.
Revenue
$84.9k
Assets
$2,799
Employees
1
EIN
83-3828728
IRS type
501(c)(3)

Cogic Community Economical Development Corporation

Cogic Community Economical Development Corporation is an urban development organization in Memphis, TN that was founded in 2023.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
33-1070886
IRS type
501(c)(3)

Holly Springs Community Development Corporation

Holly Springs Community Development Corporation is an urban development organization in Holly Springs, MS that was founded in 2021.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
86-3443878
IRS type
501(c)(3)

Whitehaven Economic Development Corporation

Whitehaven Economic Development Corporation collaborates with residents, businesses, churches and other agencies in the Memphis, TN community to revitalize the greater Whitehaven area. The organization offers various programs aimed at achieving this goal.
Revenue
$93.9k
Assets
$11.2k
Employees
1
EIN
58-1943320
IRS type
501(c)(3)

Morning Star Life Series

Morning Star Life Series is an urban development organization in Memphis, TN that was founded in 2017.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
82-2653868
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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