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Southwest Tennessee Community Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510549810 ✦ Henderson, TN ✦ Designated as a 501(c)(3)

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Overview

What is Southwest Tennessee Community Development Corporation?

The Southwest Tennessee Community Development Corporation is a nonprofit organization, located in Henderson, Tennessee. With a focus on serving the low and moderate-income residents of Chester, Decatur, Hardin, Hardeman, Haywood, Henderson, Madison, and McNairy Counties, their primary mission is to facilitate the provision of affordable housing and community development. This encompasses activities that serve religious, charitable, scientific, literary, and educational purposes, all within the realms of decent and community growth. With a small team of one employee, the corporation strives to enhance the living conditions and opportunities for those who require assistance in these eight West Tennessee counties.

Is Southwest Tennessee Community Development Corporation legitimate?

Southwest Tennessee Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Tennessee Community Development 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: $169,655

For more financial information, click here

What is the mission statement of Southwest Tennessee Community Development Corporation?

The Southwest Tennessee Community Development Corporation is dedicated to providing decent and affordable housing and community development for the low and moderate income citizens residing in eight counties in West Tennessee. This organization's mission is carried out through various religious, charitable, scientific, literary, and educational activities. The primary goal is to improve living conditions and promote community development for those who fall under the low and moderate income category in Chester, Decatur, Hardin, Hardeman, Haywood, Henderson, Madison, and McNairy Counties. The organization works towards enhancing the quality of life in these communities by providing essential housing and developmental resources.

Who is the CEO of Southwest Tennessee Community Development Corporation?

Mike Smith is the Board Member of Southwest Tennessee Community Development Corporation.

What is the revenue of Southwest Tennessee Community Development Corporation?

Southwest Tennessee Community Development Corporation's revenue in 2022 was $395,289.

Who are the executives of Southwest Tennessee Community Development Corporation and what are their salaries?

The average compensation at Southwest Tennessee Community Development Corporation during 2022 was $169,655. There is 1 employee at Southwest Tennessee Community Development Corporation.


Here are 13 key members and their salaries:


Brent Beshires (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnetta Black (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Portia Burton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Cherry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melba Johnson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mickey Larkins (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Milam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Callessia Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Smith (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Smith (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collis Spencer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Farris Stout (Program Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southwest Tennessee Community Development Corporation?

Southwest Tennessee Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southwest Tennessee Community Development Corporation

The Southwest Tennessee Community Development Corporation, a nonprofit organization, is committed to providing decent and affordable housing and community development for the low and moderate income citizens residing in eight counties in West Tennessee. This mission is rooted in serving the needs of the communities in Chester, Decatur, Hardin, Henderson, Hardeman, Haywood, Henderson, and McNairy, aiming to enhance their living standards and improve their overall quality of life. The corporation's activities are categorized under various charitable, religious, scientific, literary, and educational purposes, all geared towards fostering a better living environment for its target demographic.

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Impact




October, 2024

Southwest Tennessee Community Development Corporation significantly impacts low and moderate-income citizens across eight counties in West Tennessee by providing access to decent, affordable housing and facilitating community development. Their efforts address the critical housing needs of residents in Chester, Decatur, Hardin, Hardeman, Haywood, Henderson, Madison, and McNairy counties, fostering improved living conditions and enhancing community well-being. Through their initiatives, they contribute not only to housing solutions but also to the broader goals of social equity and economic stability in the region, ultimately empowering individuals and families to thrive in safe, supportive environments.




This information is meant to be a general summary of Southwest Tennessee Community Development 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.

Revenue
$395,289 (2022)
Expenses
$472,765 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $45,756
  • Program Service Revenue: $235,823
  • Gross Receipts: $579,872

Assets and Liabilities:

  • Total Assets: $2,820,892
  • Total Liabilities: $255,324
  • Net Assets: $2,565,568

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL HOUSE INCOME

Revenue

$235,823

Organization Details

Principal Officer

Mike Smith

Main Address

P O BOX 264 1527 WHITE AVE, HENDERSON, TN, 38340

NTEE Category

Code: L20 - Housing

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