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Memphis Investors Group Inc

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

EIN: 621862666 ✦ Memphis, TN ✦ Designated as a 501(c)(6)

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Overview

What is Memphis Investors Group Inc?

Memphis Investors Group Inc is a nonprofit organization that focuses on empowering its members in the realm of real estate investing. By offering education, training, motivation, and networking opportunities, this organization aims to propel its members towards successful ventures within the real estate sector. The group's mission is to equip its members with the necessary tools and resources to further their careers in real estate investing, thus creating a supportive and collaborative environment for growth.


Official website here: www.memphisinvestorsgroup.com

Is Memphis Investors Group Inc legitimate?

Memphis Investors Group Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Memphis Investors Group 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.


Official website here: www.memphisinvestorsgroup.com

What is the mission statement of Memphis Investors Group Inc?

Memphis Investors Group Inc's mission is centered around assisting its members in enhancing their real estate investing ventures. They offer educational resources, training sessions, and motivational support to help members progress in this field. Additionally, networking opportunities are provided to facilitate connections within the real estate industry. In summary, the organization aims to equip its members with the necessary tools and connections to advance their real estate investing careers.


Official website here: www.memphisinvestorsgroup.com

Who is the CEO of Memphis Investors Group Inc?

David Hutson is the President of Memphis Investors Group Inc.


Official website here: www.memphisinvestorsgroup.com

What is the revenue of Memphis Investors Group Inc?

Memphis Investors Group Inc's revenue in 2022 was $121,311.


Official website here: www.memphisinvestorsgroup.com

Who are the executives of Memphis Investors Group Inc and what are their salaries?


Here are 11 key members and their salaries:


Matthew Cates (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hutson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Foti Karastamatis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Sawyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Yancey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph T Kirkland Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Asher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonia Emmert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Burge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Day (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Mcdonell (Administrator)
  • Compensation: $42,000
  • Related: $0
  • Other: $0


Official website here: www.memphisinvestorsgroup.com

Where can I find the form 990EZ for Memphis Investors Group Inc?

Memphis Investors Group Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.memphisinvestorsgroup.com

Learn more at the official website: www.memphisinvestorsgroup.com

Mission Statement of Memphis Investors Group Inc

Memphis Investors Group Inc, as a nonprofit organization, is dedicated to empowering its members in the realm of real estate investing. Their mission is to provide the necessary tools and resources, including education, training, motivation, and networking opportunities, to facilitate the growth and success of their members in this field. By offering these resources, Memphis Investors Group Inc aims to foster the personal and professional development of its members, enabling them to excel in their real estate investing endeavors.

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Impact




October, 2024

Memphis Investors Group Inc plays a significant role in enhancing the real estate investment landscape in Memphis, TN. By offering education, training, and motivation, the organization empowers its members to expand their knowledge and skills in real estate investing. This focus not only equips investors with the tools necessary for success but also fosters a robust network of individuals who can share resources, experiences, and insights.

Through various events and networking opportunities, Memphis Investors Group Inc cultivates a supportive community that encourages collaboration and growth among real estate investors. This interaction can lead to increased investment in local properties, boosting the local economy and facilitating community improvement projects. By enhancing the capabilities of its members, the organization contributes to the overall vitality and development of the Memphis real estate market.




This information is meant to be a general summary of Memphis Investors Group 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
$121,311 (2022)
Expenses
$124,919 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $687
  • Program Service Revenue: $37,548
  • Gross Receipts: $165,635

Assets and Liabilities:

  • Total Assets: $247,769
  • Total Liabilities: $278
  • Net Assets: $247,491

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Organization Details

Principal Officer

David Hutson

Main Address

4728 Spottswood Ave Box 289, Memphis, TN, 381174817

NTEE Category

Code: S40 - Community improvement

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