Overview
What is Memphis Urban League Inc?
Memphis Urban League Inc is a nonprofit organization situated in Memphis, Tennessee, specifically at 413 N Cleveland St. Their primary mission is to empower and uplift African Americans and other minorities residing in underserved communities. They achieve this by offering vocational training, job placement assistance, and various other forms of assistance aimed at improving their financial well-being. This nonprofit organization also assists in addressing socio-economic challenges such as unemployment and the lack of affordable housing, thereby working towards securing economic self-reliance and civil rights for these communities. With a team of five dedicated individuals, Memphis Urban League Inc continues to strive towards enabling these communities to reach their highest potential.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Memphis Urban League Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. With a score of 90%, this rating highlights the organization's commitment to transparency and effective financial management, which is crucial for donor trust and support.
The organization excels in various performance metrics, including having 100% independent board members and a high program expense ratio of 73.31%. These factors indicate a well-governed nonprofit that prioritizes its mission and maximizes the impact of its resources. Additionally, it has received full scores in areas such as audit oversight and conflict of interest policies, further solidifying its reputation for fiscal responsibility.
Despite its strengths, the summary does not provide insights into the specific programs or community impact of Memphis Urban League Inc. While the financial health is robust, potential donors may want to research the organization's activities and outcomes to ensure alignment with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Memphis Urban League Inc legitimate?
Memphis Urban League Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Urban League 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: $170,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,322
For more financial information, click here
What is the mission statement of Memphis Urban League Inc?
The Memphis Urban League Inc's mission is geared towards empowering African Americans and other minority groups residing in underserved communities. Their objective is to help these individuals reach their full potential and secure economic self-reliance, equality, power, and civil rights. They accomplish this by offering vocational training, job placement, and various other forms of assistance, such as housing aid, to combat systemic economic challenges like unemployment and lack of affordable housing.
Who is the CEO of Memphis Urban League Inc?
Sidney Malone is the Secretary of Memphis Urban League Inc.
What is the revenue of Memphis Urban League Inc?
Memphis Urban League Inc's revenue in 2022 was $640,200.
Who are the executives of Memphis Urban League Inc and what are their salaries?
The average compensation at Memphis Urban League Inc during 2022 was $71,464. There are 5 employees at Memphis Urban League Inc.
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Where can I find the form 990 for Memphis Urban League Inc?
Memphis Urban League Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Memphis Urban League Inc
Memphis Urban League Inc, a renowned organization, is dedicated to empowering African Americans and other minorities in underserved communities. Their mission is to enable these groups to achieve their highest potential and secure economic self-reliance, parity, power, and civil rights. To accomplish this, the organization provides various assistance, including vocational training and job placement, to help individuals overcome systemic economic disadvantages due to unemployment, a lack of affordable housing, and other socio-economic challenges. With this support, Memphis Urban League Inc aims to equip these communities with the tools needed to improve their lives and secure their rights, ultimately fostering equality and self-sufficiency.
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Impact
July, 2024
Memphis Urban League Inc is making a significant impact in MEMPHIS, TN by enabling and empowering African Americans and other minorities in underserved communities to achieve their highest human potential and secure economic self-reliance, parity, power, and civil rights. The organization focuses on assisting individuals to expand their financial well-being through vocational training, job placement, housing, and other assistance. They provide workforce readiness training and related services to African Americans and other minorities facing systemic economic disadvantages due to unemployment, lack of affordable housing, and other socio-economic challenges. Through their efforts, Memphis Urban League Inc is actively working towards uplifting and supporting marginalized communities, fostering economic empowerment, and promoting social equity.
This information is meant to be a general summary of Memphis Urban League 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$20,598
- Gross Receipts: $732,358
Assets and Liabilities:
- Total Assets: $696,221
- Total Liabilities: $5,769
- Net Assets: $690,452
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Organization Details
Phone
(901) 272-2491Principal Officer
Sidney Malone
Main Address
413 N CLEVELAND ST, Memphis, TN, 38104
NTEE Category
Code: P22Z - Human services
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