UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION

MEMPHIS, TN | Shelby County
Economic Development

Overview

UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION
20-0187700
460 S HIGHLAND ST
MEMPHIS, TN 38111
Shelby County
(901) 759-2103

Mission Statement info

THE MISSION OF THE UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION IS TO BUILD A THRIVING CAMPUS AND COMMUNITY ENVIRONMENT BY IMPROVING THE PHYSICAL AND ECONOMIC INFRASTRUCTURE OF THE NEIGHBORHOODS SURROUNDING THE UNIVERSITY OF MEMPHIS AND BY ENCOURAGING AND STRENGTHENING PARTNERSHIPS AMONG UNIVERSITY DISTRICT STAKEHOLDERS.

Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
CRA Category info
  • Economic Development
Nonprofit location info
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
S31

S - Community Improvement, Capacity Building

Urban & Community Economic Development

Organizations that provide technical assistance, loans, loan guarantees or other forms of management support to help impoverished urban communities create local jobs, sustain local services and build healthier local economies.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
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
$31.3K
Revenue
$31.3K
Assets
$32.6K
Exempt Ruling Date info
2004-09
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
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 which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
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
460 S HIGHLAND ST
MEMPHIS, TN 38111
Shelby County
FIPS Geocoded Address info
32820
MSA/CBSA info
47
State info
157
County info
0073.00
Tract info
Upper
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 50.68%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0073.00 Shelby County
Population
Total Population 4,852 937,005
Total Households 1,447 350,260
Income
Median Family Income (Census*) $106,442 $49,782
Median Family Income (2019 FFIEC) $63,700 N/A
Tract Income Percentage 182.84% N/A
Below Poverty Level 38.1% 20.6%
Unemployment Level 14.5% 7.7%
Housing
Total Housing Units 1,753 404,284
Total Owner-Occupied Units 18.1% 55.4%
Total Renter-Occupied Units 64.5% 44.6%
Total Vacant Units 17.5% 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

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Ruth Carr
Treasurer
(901) 759-2103
Principal Officer info
Not reported by nonprofit.
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.