Overview
What is Crosstown Redevelopment Cooperative Association Inc?
Crosstown Redevelopment Cooperative Association Inc is a Memphis, Tennessee-based nonprofit organization with a workforce of two individuals. Their primary mission is to contribute to the revitalization and economic development of the Crosstown neighborhood by actively managing and overseeing the preservation and redevelopment of the Crosstown Project, now known as Crosstown Concourse. They facilitate this role as a manager and/or building owner. The Cooperative Association also engages in partnerships, such as launching WYXR and the Crosstown Radio Partnership with the University of Memphis and The Daily Memphian, which replaced WUMR, 91.7 station. Additionally, they continue to own and support the Crosstown Curb Market, Inc.
Is Crosstown Redevelopment Cooperative Association Inc legitimate?
Crosstown Redevelopment Cooperative Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crosstown Redevelopment Cooperative Association 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: $250,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,154
For more financial information, click here
What is the mission statement of Crosstown Redevelopment Cooperative Association Inc?
The Crosstown Redevelopment Cooperative Association Inc is dedicated to revitalizing and economically developing a neighborhood through the management, preservation, and redevelopment of a project, known as Crosstown Concourse. They facilitate these efforts by acting as a manager and/or member of building owners. Their goal is to breathe new life into the community by overseeing the restoration and transformation of the area. The Association's work encompasses a range of activities, from acting as a manager to becoming a member of building ownership, all in an effort to revitalize and develop the neighborhood. Their commitment is to contribute positively to the growth and renewal of the community.
Who is the CEO of Crosstown Redevelopment Cooperative Association Inc?
Todd Richardson is the Chairman of Crosstown Redevelopment Cooperative Association Inc.
What is the revenue of Crosstown Redevelopment Cooperative Association Inc?
Crosstown Redevelopment Cooperative Association Inc's revenue in 2022 was $20,419,420.
Who are the executives of Crosstown Redevelopment Cooperative Association Inc and what are their salaries?
The average compensation at Crosstown Redevelopment Cooperative Association Inc during 2022 was $160,376. There are 2 employees at Crosstown Redevelopment Cooperative Association Inc.
Here are 9 key members and their salaries:
- Todd Richardson (President) [Trustee/Director]
- Mcclean Wilson (Chairman) [Trustee/Director]
- Dallas Geer (Treasurer) [Trustee/Director]
- Milton Lovell (Secretary) [Trustee/Director]
- Martin Hand (Director)
- Ann Langston (Director)
- Elliot Perry (Director)
- Chris Terrill (Director)
- Staley Cates (Director)
Where can I find the form 990 for Crosstown Redevelopment Cooperative Association Inc?
The Crosstown Redevelopment Cooperative Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Crosstown Redevelopment Cooperative Association Inc
The Crosstown Redevelopment Cooperative Association Inc is a nonprofit organization dedicated to revitalizing and economically developing the Crosstown neighborhood in Memphis, Tennessee. Through their mission, they facilitate and assist in the management, preservation, and redevelopment of the Crosstown Project, now known as Crosstown Concourse. The Association's role encompasses acting as a manager and/or member of building owner, enabling them to make a significant impact on the community's revitalization. By working towards the restoration and enhancement of the Crosstown neighborhood, the Crosstown Redevelopment Cooperative Association Inc contributes to creating a vibrant and thriving area for residents and businesses alike. This mission is essential for the continued growth and prosperity of Crosstown, ensuring its transformation into a desirable and sustainable community.
Impact
This information is meant to be a general summary of Crosstown Redevelopment Cooperative Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Crosstown Redevelopment Cooperative Association Inc's impact can be seen in the revitalization and economic development of the Crosstown neighborhood in Memphis, Tennessee. Through its management, preservation, and redevelopment efforts of the Crosstown Project, now known as Crosstown Concourse, the organization has played a key role in transforming the area. They have successfully managed all operations and programming for Crosstown Concourse, contributing to the overall growth and improvement of the neighborhood.
Additionally, the association has launched initiatives like WYXR and the Crosstown Radio Partnership in collaboration with the University of Memphis and the Daily Memphian, replacing WUMR, 91.7 station. This demonstrates their commitment to innovation and community engagement. Moreover, by continuing to own, oversee operations, and support Crosstown Curb Market, Inc., Crosstown Redevelopment Cooperative Association Inc is actively driving economic activity and providing opportunities for local businesses. Overall, their efforts align with their mission of assisting in the revitalization and economic development of the Crosstown neighborhood, making a positive impact on the community.
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:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$346,132
Organization Details
Founding Year
2014
Phone
(901) 507-1179
Principal Officer
Todd Richardson
Main Address
20 HULING AVENUE, MEMPHIS, TN, 38103
NTEE Category
Code: S30 - Community improvement
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