Overview
What is Rise Memphis Inc?
Rise Memphis Inc is a nonprofit organization situated in Memphis, Tennessee, specifically at 1355 LYNNFIELD STREET 101. Their mission is to empower individuals to achieve self-sufficiency by cultivating both human and financial assets. They accomplish this through various programs, such as Save Up, Goal Card, and the Greater Memphis Financial Empowerment Center. Save Up involves financial education and matched savings for low to moderate-income citizens in Shelby County. Goal Card is an incentive program for 5th to 12th grade students residing in certain zip codes, focusing on financial education, goal setting, mentoring, and academic improvement. The Greater Memphis Financial Empowerment Center, in collaboration with the Shelby County Trustee's Office, offers one-on-one financial counseling, emphasizing debt reduction, savings, and improved credit scores. Rise Memphis Inc also provides a financial education course, Common Cents, as a fee-for-service program to other organizations upon request. Lastly, their Silver Neighbors program empowers older adults to make better financial decisions and offers peer-supported learning opportunities. (114 words)
Official website here: www.risememphis.org
Is Rise Memphis Inc legitimate?
Rise Memphis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rise Memphis 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.
Here are some key statistics you may want to consider:
Executive Compensation: $143,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $425,899
For more financial information, click here
Official website here: www.risememphis.org
What is the mission statement of Rise Memphis Inc?
Rise Memphis Inc's mission is centered around empowering individuals to achieve self-sufficiency. This is accomplished by building and sustaining both human and financial assets through various programs. One such program is Save Up, which offers financial education and matched savings for asset development to low to moderate-income workers. Another program, Goal Card, focuses on financial education, goal setting, mentoring, and improvement in conduct, attendance, and grades for students living in specific zip codes. The Greater Memphis Financial Empowerment Center, in collaboration with the Shelby County Trustee's Office, provides one-on-one financial counseling with an emphasis on debt reduction, savings, and improved credit scores. Rise Memphis Inc also offers a financial education course, Common Cents, as a fee-for-service program to other organizations. Lastly, Silver Neighbors is a program that empowers older adults to make better financial choices and offers peer-supported learning opportunities.
Official website here: www.risememphis.org
Who is the CEO of Rise Memphis Inc?
Shelia Y Terrell is the Principal Officer of Rise Memphis Inc. The CEO's salary of Rise Memphis Inc is $130,197 and their total compensation is $143,877.
Official website here: www.risememphis.org
What is the revenue of Rise Memphis Inc?
Who are the executives of Rise Memphis Inc and what are their salaries?
The average compensation at Rise Memphis Inc during 2022 was $37,985. There are 15 employees and 80 volunteers at Rise Memphis Inc.
Here are 27 key members and their salaries (Rise Memphis Inc's CEO's salary is $130,197 and their total compensation is $143,877):
- Shelia Terrell (President/Ceo)
- Kristin Lockhart (Board Member) [Trustee/Director]
- Randy Williams (Chair) [Trustee/Director]
- Darlene Donovan (Vice Chair) [Trustee/Director]
- Marsh Campbell (Secretary) [Trustee/Director]
- Dana L Pointer (Board Development Chair) [Trustee/Director]
- Paul Blanchard (Finance Chair) [Trustee/Director]
- William Capooth (Fund Development Chair) [Trustee/Director]
- Dr Christopher Davis (Initiatives/Program Chair) [Trustee/Director]
- Joy Richmond Bowen (Board Member) [Trustee/Director]
- Terri S Browne-Silent (Board Member) [Trustee/Director]
- Keith L Collins (Board Member) [Trustee/Director]
- Jonas Croft (Board Member) [Trustee/Director]
- Naketa Gilbert (Board Member) [Trustee/Director]
- Stephany Goodnight (Board Member) [Trustee/Director]
- Sheena Harper-Nelson (Board Member) [Trustee/Director]
- Markita C Jack (Board Member) [Trustee/Director]
- Kenyon Lee (Board Member) [Trustee/Director]
- David C Lenoir (Board Member) [Trustee/Director]
- Robert Lipscomb (Board Member) [Trustee/Director]
- Teresa T Morris (Board Member) [Trustee/Director]
- Crystal R Oliver (Board Member) [Trustee/Director]
- Carla Peacher-Ryan (Board Member) [Trustee/Director]
- Jim Reber (Board Member) [Trustee/Director]
- Stephanie Scurlock (Board Member) [Trustee/Director]
- Latonya Taylor (Board Member) [Trustee/Director]
- Melissa Thompson (Board Member) [Trustee/Director]
Official website here: www.risememphis.org
Where can I find the form 990 for Rise Memphis Inc?
The Rise Memphis Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.risememphis.org
Learn more at the official website: www.risememphis.org
Mission Statement of Rise Memphis Inc
Rise Memphis Inc, a nonprofit organization, is committed to empowering individuals to become self-sufficient. They achieve this by building and sustaining both human and financial assets. The organization operates various programs aimed at achieving this mission. One such program is Save Up, which involves financial education and matched savings for asset development for low to moderate-income working citizens in Shelby County.
Another program, Goal Card, is an incentive program for 5th to 12th grade students living in specific zip codes. This program focuses on financial education, goal setting, mentoring, and improvement in conduct, attendance, and grades. Rise Memphis Inc also operates the Greater Memphis Financial Empowerment Center in collaboration with the Shelby County Trustee's Office. This center offers one-on-one personal financial counseling, with an emphasis on debt reduction, savings, and improved credit scores.
Common Cents is Rise Memphis Inc's financial education course, provided as a fee-for-service program to other organizations as requested. Lastly, Silver Neighbors is a program that empowers older adults to make better choices about their finances and offers peer-supported learning opportunities. In summary, Rise Memphis Inc's mission is to empower individuals to become self-sufficient by providing various programs that focus on financial education, asset development, and personal financial counseling.
Impact
This information is meant to be a general summary of Rise Memphis Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Rise Memphis Inc's impact is substantial in empowering individuals to achieve self-sufficiency through the development and maintenance of human and financial assets. The organization operates various programs such as Save Up, Goal Card, and the Greater Memphis Financial Empowerment Center. These initiatives provide financial education, matched savings for asset development, incentive programs for students, personal financial counseling, and financial education courses to individuals in need. By focusing on debt reduction, savings, improved credit scores, and overall financial literacy, Rise Memphis Inc is making a positive difference in the lives of low to moderate-income individuals in Shelby County.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1999
Phone
(901) 507-6644
Principal Officer
Shelia Y Terrell
Main Address
1355 LYNNFIELD STREET 101, MEMPHIS, TN, 38119
Website
www.risememphis.org
NTEE Category
Code: P40 - Human services
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