Overview
What is Soulsvilleusa Neighborhoods Development District?
Soulsvilleusa Neighborhoods Development District is a nonprofit organization based in Memphis, Tennessee, specifically located at 1109 Mississippi Blvd, with a mission to revitalize the Soulsvilleusa community, one neighborhood at a time. They collectively aim to foster urban community development. To achieve this goal, they are pursuing a Tax Increment Financing (TIF) designation, which is a strategic method to stimulate economic development in the area.
Is Soulsvilleusa Neighborhoods Development District legitimate?
Soulsvilleusa Neighborhoods Development District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soulsvilleusa Neighborhoods Development District 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:
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What is the mission statement of Soulsvilleusa Neighborhoods Development District?
The Soulsvilleusa Neighborhoods Development District's mission is to revitalize its community, neighborhood by neighborhood, collectively. Their aim is to foster urban community development, striving to improve each area one step at a time. They accomplish this by mobilizing the community for a Tax Increment Financing (TIF) designation, a financial tool that aids in the district's developmental efforts.
What is the revenue of Soulsvilleusa Neighborhoods Development District?
Soulsvilleusa Neighborhoods Development District's revenue in 2021 was $225,000.
Who are the executives of Soulsvilleusa Neighborhoods Development District and what are their salaries?
There 15 volunteers at Soulsvilleusa Neighborhoods Development District.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Soulsvilleusa Neighborhoods Development District?
Soulsvilleusa Neighborhoods Development District's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Soulsvilleusa Neighborhoods Development District
Soulsvilleusa Neighborhoods Development District is dedicated to revitalizing its community, one neighborhood at a time, collectively. Their mission is to foster urban community development, aiming to improve the overall quality of life in the community they serve. This organization works towards transforming individual neighborhoods, envisioning a cohesive and thriving community as a whole. They achieve this by organizing the community for a Tax Increment Financing Designation TIF, a strategy that leverages economic growth to drive development and improvement in targeted areas.
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Impact
October, 2024
Soulsvilleusa Neighborhoods Development District significantly impacts the Soulsville community in Memphis by focusing on revitalization efforts aimed at enhancing neighborhood quality and fostering urban development. The initiative organizes local residents and stakeholders to secure a Tax Increment Financing (TIF) designation, which enables the community to direct public funds towards local projects that benefit the area.
By concentrating on a collective approach to neighborhood improvement, the program strengthens community ties and promotes sustainable growth. This revitalization not only enhances the physical landscape but also aims to uplift the socio-economic conditions of residents, encouraging a vibrant, engaged, and resilient community. Through targeted investments and strategic planning, Soulsvilleusa contributes to the overall improvement and prosperity of the Soulsville area.
This information is meant to be a general summary of Soulsvilleusa Neighborhoods Development District. 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 2021.
- Gross Receipts: $225,000
Assets and Liabilities:
- Total Assets: $224,117
- Total Liabilities: $0
- Net Assets: $224,117
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Organization Details
Founding Year
2017
Principal Officer
Jeffrey T Higgs
NTEE Category
Code: S20 - Community improvement
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