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Tennessee Valley Center For Med Inc

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

EIN: 581370565 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Tennessee Valley Center For Med Inc?

Tennessee Valley Center for Med Inc is a nonprofit organization committed to fostering Minority In Free Enterprise. Their mission is to empower minority and disadvantaged individuals, encouraging their active involvement in the free market system. Additionally, they offer affordable and secure housing options as a means to support their goal. The organization's activities are centered around this mission, aiming to ensure equal opportunities in entrepreneurship for underrepresented groups.

Is Tennessee Valley Center For Med Inc legitimate?

Tennessee Valley Center For Med Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Valley Center For Med Inc 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: $0

For more financial information, click here

What is the mission statement of Tennessee Valley Center For Med Inc?

Tennessee Valley Center for Med Inc's mission is centered around promoting Minority In Free Enterprise. This organization aims to empower minority and disadvantaged individuals, enabling them to fully engage in the free enterprise system. Furthermore, Tennessee Valley Center for Med Inc provides affordable and safe housing opportunities as part of its mission. By doing so, it contributes to the broader goal of fostering inclusivity and economic participation within the free enterprise system.

Who is the CEO of Tennessee Valley Center For Med Inc?

Frank Banks is the President of Tennessee Valley Center For Med Inc.

What is the revenue of Tennessee Valley Center For Med Inc?

Tennessee Valley Center For Med Inc's revenue in 2023 was $8.

Who are the executives of Tennessee Valley Center For Med Inc and what are their salaries?


Here are 3 key members and their salaries:


Archie Willis Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Barlow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roshun Austin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tennessee Valley Center For Med Inc?

Tennessee Valley Center For Med Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Tennessee Valley Center For Med Inc

Tennessee Valley Center For Med, as a nonprofit organization, is dedicated to promoting Minority In Free Enterprise. Their mission is to empower minority and disadvantaged individuals, encouraging their full participation in the free enterprise system. To achieve this, the center offers affordable and safe housing opportunities. By doing so, Tennessee Valley Center For Med aims to bridge the gap and provide equal opportunities for all, fostering a more inclusive and equitable business environment.

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Impact




October, 2024

Tennessee Valley Center for Med Inc significantly impacts the Memphis community by fostering the principles of minority engagement in free enterprise. Through its initiatives, the center empowers minority and disadvantaged individuals to actively participate in economic activities, enhancing their ability to contribute to and benefit from the local economy.

By promoting entrepreneurship and providing resources, the center enables these individuals to develop their business skills and pursue opportunities that might otherwise be inaccessible. Additionally, the focus on affordable and safe housing helps create stable environments where community members can thrive, bolstering overall community improvement. This holistic approach not only supports individual empowerment but also contributes to the economic vitality of the broader Memphis area.




This information is meant to be a general summary of Tennessee Valley Center For Med Inc. 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
$8 (2023)
Expenses
$15,937 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $8
  • Gross Receipts: $8

Assets and Liabilities:

  • Total Assets: $161,228
  • Total Liabilities: $0
  • Net Assets: $161,228

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Organization Details

Founding Year

1979

Principal Officer

Frank Banks

Main Address

1708 Monroe Ave, Memphis, TN, 38104

NTEE Category

Code: S43Z - Community improvement

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