FRIENDS FOR LIFE CORPORATION

MEMPHIS, TN | Shelby County
Community Services

Overview

FRIENDS FOR LIFE CORPORATION
62-1511959
43 N CLEVELAND ST
MEMPHIS, TN 38104
Shelby County
(901) 272-0855

Mission Statement info

THE MISSION OF FRIENDS FOR LIFE CORPORATION IS TO HELP PERSONS AFFECTED BY HIV/AIDS LIVE WELL. OUR COMPREHENSIVE CLIENT-CENTERED APPROACH INCLUDES EDUCATION, HOUSING, FOOD, TRANSPORTATION, HEALTHY LIFE SKILLS TRAINING. WE STRIVE TO ENLIGHTEN THE MID-SOUTH.

Founded info
1985
Total Employees info
67
Total Volunteers info
163
CRA Category info
  • Community Services
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
P70

P - Human Services

Residential Care & Adult Day Programs

Organizations that provide alternative living arrangements for people who require care, supervision and support on a 24-hour basis or during part of the day. Use this code for organizations that provide residential, custodial care, but the specific nature of the facility is unclear, or which have multiple facilities which fall into more than one category below.

IRS Activity Codes info
160
Aid to the handicapped
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
623990
Other Residential Care Facilities

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$5.9M
Revenue
$5.8M
Assets
$2.9M
Exempt Ruling Date info
1993-05
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
TN
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
43 N CLEVELAND ST
MEMPHIS, TN 38104
Shelby County
FIPS Geocoded Address info
32820
MSA/CBSA info
47
State info
157
County info
0036.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
Memphis, TN-MS-AR
Combined Statistical Area info
Memphis-Forrest City, TN-MS-AR
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 50.35%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0036.00 Shelby County
Population
Total Population 1,831 937,005
Total Households 990 350,260
Income
Median Family Income (Census*) $27,344 $49,782
Median Family Income (2019 FFIEC) $63,700 N/A
Tract Income Percentage 46.97% N/A
Below Poverty Level 39.4% 20.6%
Unemployment Level 4.7% 7.7%
Housing
Total Housing Units 1,251 404,284
Total Owner-Occupied Units 16.7% 55.4%
Total Renter-Occupied Units 62.4% 44.6%
Total Vacant Units 20.9% 10.5%
* Census tract income based on 2019 Census estimated data; County income based on 2018 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

15
Total Voting Members
in Governing Body
info
15
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Diane Duke
Executive Director
(901) 272-0855
Principal Officer info
Diane Duke
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.