Promise Development Corporation in Memphis, Tennessee (TN)


Employer Identification Number (EIN) 31-1708526
Name of Organization Promise Development Corporation
In Care of Name Cornelius Sanders
Previous Names North Memphis Community Development Corporation (2005 - 2012)
Address 262 Chelsea Ave Ste 101, Memphis, TN 38107-2407
Previous Addresses 262 Chelsea Ave Ste 101, Memphis, TN 38107-0000 (2022)
262 Chelsea Ave Ste 101, Memphis, TN 38107-2407 (2020 - 2021)
262 Chelsea Ave Suite 101, Memphis, TN 38107-2407 (2019)
262 Chelsea Ave Ste 101, Memphis, TN 38107-2407 (2018)
40 S Main Street, Memphis, TN 38103-2514 (2017)
40 South Main Ste 2560, Memphis, TN 38103-2514 (2014 - 2015)
40 S Main Ste 2560, Memphis, TN 38103-2514 (2013)
88 Union Avenue, Memphis, TN 38103-5126 (2011 - 2012)
262 Chelsa Ave, Memphis, TN 38107-2407 (2009 - 2010)
314 Auction Ave, Memphis, TN 38105-1910 (2005 - 2008)
Subsection(s) / Classification Charitable Organization
Affiliation Independent
Ruling Date 08/2000
Deductibility Contributions are deductible
Foundation Organization which receives a substantial part of its support from a governmental unit or the general public
Organization Corporation
Exempt Organization Status Unconditional Exemption
Tax Period 12/2023
Asset $5,000,000 to $9,999,999
Income $1,000,000 to $4,999,999
Filing Requirement 990 (all other) or 990EZ return
Accounting Period December (12)
Asset Amount $7,218,735
Income Amount $3,499,542
Form 990 Revenue Amount $3,499,542
National Taxonomy of Exempt Entities (NTEE) Housing, Shelter: Housing Rehabilitation
Created with Highcharts 7.0.3Amount ($)Financial snapshotRevenueAssetsExpenses200520062007200820092010201120122013201420152016201720182019202020212022202302M4M6M8M

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Organizations performing similar types of work - median values


Income amount
Similar organizations: $0
This organization: $3,499,542
Asset amount
Similar organizations: $1
This organization: $7,218,735