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Jacobs Ladder Community Development Corporation

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

EIN: 830391379 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Jacobs Ladder Community Development Corporation?

Jacobs Ladder Community Development Corporation is a nonprofit organization situated in Memphis, Tennessee, with a specific focus on community development. Their initiatives encompass four key areas: a children's center, senior support through nutritious meals, affordable housing rehabilitation, and an active crime remediation program to combat blight. Their mission is centered around strengthening and sustaining local communities, working diligently to improve the overall well-being of their community members.


Official website here: www.jacobsladdercdc.org

Is Jacobs Ladder Community Development Corporation legitimate?

Jacobs Ladder Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacobs Ladder 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: $45,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.jacobsladdercdc.org

What is the mission statement of Jacobs Ladder Community Development Corporation?

The Jacobs Ladder Community Development Corporation is dedicated to establishing and sustaining robust, resilient communities. Their mission encompasses four key areas: operating a children's center, providing nutritious meals for seniors, refurbishing affordable housing, and implementing a proactive anti-crime blight remediation program. This organization aims to strengthen communities from various aspects, ensuring they remain vibrant and supportive environments for their residents.


Official website here: www.jacobsladdercdc.org

Who is the CEO of Jacobs Ladder Community Development Corporation?

William Marler is the Business Manager of Jacobs Ladder Community Development Corporation. The CEO's salary of Jacobs Ladder Community Development Corporation is $7,925 and their total compensation is $7,925.


Official website here: www.jacobsladdercdc.org

What is the revenue of Jacobs Ladder Community Development Corporation?

Jacobs Ladder Community Development Corporation's revenue in 2022 was $225,354.


Official website here: www.jacobsladdercdc.org

Who are the executives of Jacobs Ladder Community Development Corporation and what are their salaries?

There 30 volunteers at Jacobs Ladder Community Development Corporation.


Here are 9 key members and their salaries (Jacobs Ladder Community Development Corporation's CEO's salary is $7,925 and their total compensation is $7,925):


Lana Marler (Business Manager)
  • Compensation: $37,755
  • Related: $0
  • Other: $0
William Marler (Exec Director/Ceo)
  • Compensation: $7,925
  • Related: $0
  • Other: $0
Carlton Ray (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Lyles (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Lyles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Park (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Mccoy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Palmer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Hinkle (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jacobsladdercdc.org

Where can I find the form 990 for Jacobs Ladder Community Development Corporation?

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


Official website here: www.jacobsladdercdc.org

Learn more at the official website: www.jacobsladdercdc.org

Mission Statement of Jacobs Ladder Community Development Corporation

Jacobs Ladder Community Development Corporation is dedicated to enhancing the vitality and sustainability of communities. Their mission can be encapsulated as their commitment to constructing and preserving robust, enduring neighborhoods. This goal is achieved through a four-pronged approach: operating a children's center, providing nourishing meals for seniors, rehabilitating affordable housing, and implementing an active anti-blight crime remediation program. By engaging in these activities, Jacobs Ladder Community Development Corporation contributes significantly to the overall well-being and longevity of the communities it serves.

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Impact




October, 2024

Jacobs Ladder Community Development Corporation plays a pivotal role in enhancing the quality of life in Memphis, TN, by actively building and maintaining strong, sustainable communities. Through its multifaceted approach, the organization addresses critical community needs with programs dedicated to children, seniors, housing, and crime remediation.

By operating a children's center, Jacobs Ladder ensures that young residents have access to educational resources and support, fostering a nurturing environment for their growth and development. For seniors, the organization offers healthy meals, promoting wellness and connectivity among older adults, which enhances their quality of life and combats isolation.

In addressing housing challenges, Jacobs Ladder focuses on rebuilding affordable housing, making it possible for families to secure stable living conditions. This effort not only provides shelter but also contributes to the community's overall health and stability. Additionally, the aggressive anti-blight crime remediation program plays a crucial role in reducing crime and enhancing safety in the neighborhood, fostering a sense of security among residents.

Overall, Jacobs Ladder Community Development Corporation significantly impacts the Memphis community by nurturing its youth, supporting its elderly population, improving housing conditions, and tackling crime, ultimately leading to a more cohesive and thriving community.




This information is meant to be a general summary of Jacobs Ladder 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
$225,354 (2022)
Expenses
$119,947 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $99,884
  • Program Service Revenue: $47,174
  • Gross Receipts: $226,354

Assets and Liabilities:

  • Total Assets: $830,361
  • Total Liabilities: $337,397
  • Net Assets: $492,964

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Programs

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

LANDSCAPING

Revenue

$47,174

Organization Details

Founding Year

2004

Principal Officer

William Marler

Main Address

158 MARNE STREET, MEMPHIS, TN, 38111

NTEE Category

Code: L25 - Housing

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