Black United Fund Of Tennessee Inc

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

EIN: 621528951 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Black United Fund Of Tennessee Inc?

Black United Fund of Tennessee, established in Memphis, is a 501(c)(3) nonprofit organization with a focus on education, grantmaking, and youth development. They are committed to supporting other non-profits by providing donations, contributing to their mission of bettering the community. Their activities encompass various aspects of community service, aiming to foster growth and development in the youth and overall society.

Is Black United Fund Of Tennessee Inc legitimate?

Black United Fund Of Tennessee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black United Fund Of Tennessee Inc submitted a form 990EZ, 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.

What is the mission statement of Black United Fund Of Tennessee Inc?

The Black United Fund of Tennessee is a 501(c)(3) nonprofit organization with a mission centered around education, grantmaking, and youth development. They aim to contribute financially to other non-profit organizations. Their activities encompass promoting educational opportunities, providing grants, and fostering youth development. In essence, the Black United Fund of Tennessee seeks to support various initiatives that contribute positively to the community, focusing on education and youth development.

Who is the CEO of Black United Fund Of Tennessee Inc?

Frank Banks Cpa is the Treasurer of Black United Fund Of Tennessee Inc.

What is the revenue of Black United Fund Of Tennessee Inc?

Black United Fund Of Tennessee Inc's revenue in 2020 was $5,229.

Who are the executives of Black United Fund Of Tennessee Inc and what are their salaries?


Here are 3 key members and their salaries:


Jeffrey Higgs (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Jackson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Banks Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Black United Fund Of Tennessee Inc?

Black United Fund Of Tennessee Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Black United Fund Of Tennessee Inc

The Black United Fund of Tennessee is a 501(c)(3) nonprofit organization that is dedicated to three primary areas: education, grantmaking, and youth development. Their mission is to contribute to these sectors by providing financial support to various non-profit organizations. This nonprofit is committed to promoting education, offering resources, and fostering youth development, thereby contributing positively to its community.

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Impact




August, 2024

The Black United Fund Of Tennessee Inc's impact is focused on educational initiatives, grantmaking, and youth development in Memphis, TN. They also support other nonprofits through donations.




This information is meant to be a general summary of Black United Fund Of Tennessee 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
$5,229 (2020)
Expenses
$300 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $5,229

Assets and Liabilities:

  • Total Assets: $12,878
  • Total Liabilities: $0
  • Net Assets: $12,878

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Organization Details

Principal Officer

Frank Banks Cpa

Main Address

PO BOX 1353, MEMPHIS, TN, 381011353

NTEE Category

Code: Z99 - Unknown

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