EIN 58-2158058

Frayser Community Development Corporation

Name: Frayser Community Development Corporation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Memphis

State

Tennessee

Year formed

2000

Most recent tax filings

2022-12-01

NTEE code, primary

L25: Housing Rehabilitation

Description

The organization acquires and rehabilitates affordable housing for income eligible individuals in the Frayser Community in Memphis, Tennessee. The area is characterized by high unemployment deteriorating housing, crime and poverty.

Also known as...

Frayser Community Development Corpo

Total revenues

$1,364,611

2022

Total expenses

$1,758,902

2022

Total assets

$6,541,771

2022

Num. employees

2022

Program areas at Frayser Community Development Corporation

Acquiring and rehabilitating affordable housing for income eligible individuals in the Frayser Community in memphis, Tennessee. The area is characterized by high unemployment, deteriorating housing, crime and poverty.

Who funds Frayser Community Development Corporation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
American Online Giving Foundation	2023-03	General Support	$235,998
MassMutual Foundation	2022-12	Exempt Purpose	$235,998
BLDG Memphis	2022-12	Community Fund PTR.	$22,833
...and 2 more grants received

Personnel at Frayser Community Development Corporation

Name	Title	Compensation	Date of data
Damon D Williams	Executive Director	$93,636	2022-12-31
Johnnie Hatten	Board Chair	$0	2023-08-08
Vernatria Turnage	Treasurer	$0	2022-12-31
Patricia Burnett	Housing	$0	2022-12-31
John Cornes	President	$0	2022-12-31
...and 10 more key personnel

Financials for Frayser Community Development Corporation

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$477,225	$194,077	145.9%
Program services	$949,426	$881,411	7.7%
Investment income and dividends	$0	$0	-
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-62,040	$86,099	-172.1%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$-606,788	-100%
Total revenues	$1,364,611	$554,799	146%

Form 990s for Frayser Community Development Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-08-08	990	View PDF
2021-12	2022-11-15	990	View PDF
2020-12	2022-06-29	990	View PDF
2020-12	2021-11-15	990	View PDF
2019-12	2021-04-05	990	View PDF
...and 10 more Form 990s

Organizations like Frayser Community Development Corporation

Organization	Type	Location	Revenue
Danville Neighborhood Development Corporation	501(c)(3)	Danville, VA	$368,572
Westside Community Development Corporation	501(c)(3)	Indianapolis, IN	$1,757,830
Lowell Community Development Corporation	501(c)(3)	Fresno, CA	$1,090,500
Union Miles Development Corporation	501(c)(3)	Cleveland, OH	$967,802
Newtown Community Development Corporation	501(c)(3)	Tempe, AZ	$4,374,450
Fenway Community Development Corporation	501(c)(3)	Boston, MA	$5,660,025
Charleston Area Community Development Ment Corporation	501(c)(3)	Charleston, SC	$401,399
Summit Hill Community Development Corporation	501(c)(3)	Bloomington, IN	$1,030,154
Downtown Manhattan Community Development Corporation	501(c)(3)	New York, NY	$855,851
Madison Park Development Corporation	501(c)(3)	Roxbury, MA	$4,984,841

Data update history

July 10, 2024

Used new vendors

Identified 1 new vendor, including

May 19, 2024

Received grants

Identified 2 new grant, including a grant for $235,998 from American Online Giving Foundation

December 26, 2023

Received grants

Identified 2 new grant, including a grant for $235,998 from MassMutual Foundation

October 2, 2023

Posted financials

Added Form 990 for fiscal year 2022

October 2, 2023

Updated personnel

Identified 5 new personnel

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsHousing and shelter organizationsCharities

Issues

Human servicesCommunity improvementHousing

Characteristics

State / local levelReceives government fundingTax deductible donationsAccepts online donations

General information

Address: 3684 N Watkins St; Memphis, TN 38127
Metro area: Memphis, TN-MS-AR
County: Shelby County, TN
Website URL: fraysercdc.org/
Phone: (901) 354-9401
Facebook page: fraysercdc

IRS details

EIN: 58-2158058
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2000
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: L25: Housing Rehabilitation
NAICS code, primary: 926110: Economic Development Corporations and Economic Program Organizations
Parent/child status: Independent

Blog articles

Free account sign-up

Want updates when Frayser Community Development Corporation has new information, or want to find more organizations like Frayser Community Development Corporation?

Create free Cause IQ account

Frayser Community Development Corporation

Program areas at Frayser Community Development Corporation

Who funds Frayser Community Development Corporation

Personnel at Frayser Community Development Corporation

Financials for Frayser Community Development Corporation

Form 990s for Frayser Community Development Corporation

Organizations like Frayser Community Development Corporation

Nonprofits

Product

Customers

About