Overview
What is Hickory Ridge Mall Cd Corporation?
Hickory Ridge Mall Cd Corporation is a nonprofit organization based in Memphis, Tennessee, with an address at 6075 Winchester Road, 38115. Their primary mission is to revitalize the Hickory Ridge Mall, transforming it into a thriving "Towne Centre" that promotes growth and support for the local Hickory Hill community. They achieve this by offering affordable rental spaces, organizing community activities, and ensuring a secure environment for businesses to operate. The organization's goal is to positively impact the area's economy by empowering entrepreneurs and fostering a strong network of local businesses and services.
Official website here: www.hickoryridge.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating.
Hickory Ridge Mall Cd Corporation has achieved an impressive 96% score, signifying a high level of accountability and financial health. This rating is derived entirely from its performance in Accountability & Finance, with the organization scoring full marks in multiple categories, including independent board membership and financial oversight.
The charity demonstrates a strong commitment to best practices, with a fully independent board and robust policies in place regarding conflicts of interest and whistleblowing. Its program expense ratio is notable at 97.66%, indicating that a significant portion of its resources are directed towards fulfilling its mission rather than administrative costs.
While the data reflect strong organizational performance, it's essential to consider that the rating is based solely on financial metrics. Potential supporters may want to explore additional factors such as program impact and community feedback to gain a more comprehensive understanding of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Hickory Ridge Mall Cd Corporation legitimate?
Hickory Ridge Mall Cd Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hickory Ridge Mall Cd Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,757
For more financial information, click here
Official website here: www.hickoryridge.com
What is the mission statement of Hickory Ridge Mall Cd Corporation?
The mission of Hickory Ridge Mall Cd Corporation is centered around revitalizing a shopping center, transforming it into a thriving "Towne Centre". This transformation aims to foster positive growth within the community. To achieve this, the corporation focuses on supporting local entrepreneurs by offering them affordable rental spaces. Additionally, they organize community activities and strive to create a secure environment where businesses can operate successfully.
Official website here: www.hickoryridge.com
Who is the CEO of Hickory Ridge Mall Cd Corporation?
Unavailable
Official website here: www.hickoryridge.com
What is the revenue of Hickory Ridge Mall Cd Corporation?
Hickory Ridge Mall Cd Corporation's revenue in 2022 was $1,535,185.
Official website here: www.hickoryridge.com
Who are the executives of Hickory Ridge Mall Cd Corporation and what are their salaries?
There 10 volunteers at Hickory Ridge Mall Cd Corporation.
Here are 7 key members and their salaries:
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Official website here: www.hickoryridge.com
Where can I find the form 990 for Hickory Ridge Mall Cd Corporation?
Hickory Ridge Mall Cd Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hickoryridge.com
Learn more at the official website: www.hickoryridge.com
Mission Statement of Hickory Ridge Mall Cd Corporation
Hickory Ridge Mall Cd Corporation, with a focus on revitalization, aims to reinvent the Hickory Ridge Mall as a thriving "Towne Centre" that fosters change and encourages growth within the Hickory Hill Community. Their mission is to empower local entrepreneurs and establish a robust economic foundation that sustains the area's businesses and services. This is accomplished by offering affordable rental spaces, engaging in community activities, and creating a secure environment conducive to conducting business.
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Impact
October, 2024
Hickory Ridge Mall Cd Corporation is making a significant impact on the Hickory Hill community in Memphis, Tennessee, by transforming the Hickory Ridge Mall into a vibrant "Towne Centre." This initiative not only revitalizes the mall but also serves as a catalyst for positive change and economic growth in the area. By empowering entrepreneurs and offering lower-cost rental spaces, the organization supports local businesses and services, creating a strong economic base.
The provision of a safe and inviting environment fosters community engagement and attracts more visitors to the area. Activities organized by Hickory Ridge Mall Cd Corporation enhance community interaction, stimulating local commerce and encouraging residents to participate in the revitalization efforts. Overall, the corporation is playing a crucial role in enhancing the quality of life, driving economic development, and creating a sense of community in Hickory Hill.
This information is meant to be a general summary of Hickory Ridge Mall Cd Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,535,185
Assets and Liabilities:
- Total Assets: $6,514,776
- Total Liabilities: $783,069
- Net Assets: $5,731,707
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Organization Details
Founding Year
2010
Phone
(901) 844-3810Main Address
6075 Winchester Road, Memphis, TN, 38115
Website
www.hickoryridge.comNTEE Category
Code: S40 - Community improvement
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