Community Lift Corp

Organization Overview

Community Lift Corp is located in Memphis, TN. The organization was established in 2011. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Community Lift Corp employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Lift Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Community Lift Corp generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $988.7k during the year ending 06/2023. While expenses have increased by 0.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Community Lift Corp has awarded 140 individual grants totaling $2,824,905. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

REVITALIZE NEIGHBORHOODS A NON-PROFIT COMMUNITY DEVELOPMENT PROGRAM TO INVEST IN REBUILDING THE NEIGHBORHOOD FOR BETTER HUMAN LIVING ABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UPLIFTING COMMUNITIES AND NEIGHBORHOODS THE PROGRAM TARGETS THREE (3) COMMUNITIES IN THE MEMPHIS AREA WHICH INCLUDES GREATER BINGHAMPTON, FRAYSER AND UPPER SOUTH MEMPHIS. WE FOCUS ON INVESTING IN A LIMITED SCOPE OF NEIGHBORHOODS TO MAXIMIZE ON ALL RESOURCES AVAILABLE TO THE NEIGHBORHOOD TO EMPOWER AND IMPROVE LIFE OF THE COMMUNITES RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Victoria Young
Board Chair
$0
Caleb Park
Board Vice Chair
$0
Andre Gist
Board Member
$0
Gaylan Fitzpatrick
Board Member
$0
Luther Mercer
President
$0
Ben Fox
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,407,747
Noncash contributions included in lines 1a–1f $4,986
Total Revenue from Contributions, Gifts, Grants & Similar$2,407,747
Total Program Service Revenue$0
Investment income $3,971
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $16,200
Net Gain/Loss on Asset Sales -$600
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,445,286

Grants Awarded

Over the last fiscal year, Community Lift Corp has awarded $177,541 in support to 11 organizations.

Grant RecipientAmount

ALCY BALL COMM DEVEL CORP

PURPOSE: CDC Capacity

$17,300

BLDG MEMPHIS

PURPOSE: CDC Capacity

$15,900

KLONDIKE SMOKEY CITY

PURPOSE: CDC Capacity

$15,900

MEMPHIS MEDICAL DISTRICT COLLABORATIVE

PURPOSE: CDC Capacity

$14,400

MINC

PURPOSE: CDC Capacity

$10,300

OASIS OF HOPE

PURPOSE: CDC Capacity

$17,300
View Grant Profile

Peer Organizations

Organization NameAssets
Central Arkansas Development Council
Benton, AR
$82,809,361
Economic Development Partnership Of North Carolina Inc
Raleigh, NC
$52,521,206
Southern Mississippi Planning And Development District Inc
Gulfport, MS
$34,417,646
Riverfront Development Corporation
Memphis, TN
$7,696,270
Atlanta Convention & Vistors Bureau Inc
Atlanta, GA
$26,232,942
South Alabama Regional Planning Commission
Mobile, AL
$22,990,512
Mississippi County Arkansas Economic Opportunity Commission In
Blytheville, AR
$20,275,154
Memphis Convention And Visitors Bureau
Memphis, TN
$18,472,607
Access To Capital For Entrepreneurs Inc
Cleveland, GA
$26,987,407
Purchase Area Development District Inc
Mayfield, KY
$14,269,202
Tennessee Technology Development Corporation
Nashville, TN
$13,419,783
Convention & Visitors Bureau Of Greater Kansas City
Kansas City, MO
$16,167,832
Richmond Metropolitan Convention & Vistors Bureau
Richmond, VA
$18,502,068
Chattanooga Area Convention And Visitors Bureau Inc
Chattanooga, TN
$12,349,629
Wayne County Development Allianceinc
Goldsboro, NC
$10,960,205
Nash-Edgecombe Wilson Community Action Inc
Rocky Mount, NC
$10,587,622
The Center For Kentucky Rural Economic Development Inc
Somerset, KY
$8,257,213
St Louis Economic Development Partnership
Saint Louis, MO
$7,649,513
Southeast Ark Economic Development Dist Inc
Pine Bluff, AR
$8,494,217
Explore Branson Tourism
Branson, MO
$7,396,641
East Central Planning & Development District Inc<410 Decatur St
Newton, MS
$8,249,381
Knoxville Convention & Visitors Bureau Inc
Knoxville, TN
$10,096,746
Economic Development Corporation Of Kansas City Missouri
Kansas City, MO
$6,752,938
Kentucky Highlands Investment Corporation
London, KY
$8,002,017
Center For Regional Economic Competitiveness
Arlington, VA
$5,182,427

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