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Memphis Leadership Foundation Inc

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

EIN: 581715927 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Memphis Leadership Foundation Inc?

Memphis Leadership Foundation Inc, based in Memphis, Tennessee, is a nonprofit organization with a mission to uplift urban communities. They achieve this by equipping and empowering grassroots leaders, fostering transformation at a local level. One of their key initiatives, ECONOMIC OPPORTUNITIES (ECOP), offers job training and placement services to individuals with significant barriers to entering the job market, notably ex-offenders. Over the past two decades, ECOP has successfully placed over 2,000 individuals back into employment. The foundation is a member of the Global Network of Local Leadership Foundations (LLFS), a group dedicated to transforming cities globally. With a workforce of 208 dedicated individuals, Memphis Leadership Foundation Inc is committed to making a significant impact in their community.


Official website here: www.mlfonline.org

Is Memphis Leadership Foundation Inc legitimate?

Memphis Leadership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Leadership Foundation 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: $283,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,747,090

For more financial information, click here


Official website here: www.mlfonline.org

What is the mission statement of Memphis Leadership Foundation Inc?

The Memphis Leadership Foundation's mission, as a non-denominational faith-based outreach ministry, is to equip and empower grassroots urban leaders to bring about transformative changes in lives and communities. As a member of the Global Network of Local Leadership Foundations, the organization works towards transforming the cities it operates in. One of its significant initiatives is the Economic Opportunities ministry, which provides job training and placement services to individuals with significant barriers to entering the job market, such as ex-offenders. Over the past two decades, this ministry has successfully placed over 2,000 individuals back into the workforce, with around 100-125 ex-offenders benefiting each year.


Official website here: www.mlfonline.org

Who is the CEO of Memphis Leadership Foundation Inc?

Larry Lloyd is the Founder of Memphis Leadership Foundation Inc. The CEO's salary of Memphis Leadership Foundation Inc is $90,631 and their total compensation is $110,057.


Official website here: www.mlfonline.org

What is the revenue of Memphis Leadership Foundation Inc?

Memphis Leadership Foundation Inc's revenue in 2021 was $7,362,693.


Official website here: www.mlfonline.org

Who are the executives of Memphis Leadership Foundation Inc and what are their salaries?

The average compensation at Memphis Leadership Foundation Inc during 2021 was $19,376. There are 208 employees and 28 volunteers at Memphis Leadership Foundation Inc.

Here are 20 key members and their salaries (Memphis Leadership Foundation Inc's CEO's salary is $90,631 and their total compensation is $110,057):

    Larry Lloyd (Founder)
  • Compensation: $101,096
  • Related: $0
  • Other: $17,525

    • Anthony Branch (Chief Executive Officer)
  • Compensation: $90,631
  • Related: $0
  • Other: $19,426

    • Shawn Taylor (Chief Finance Officer)
  • Compensation: $80,681
  • Related: $0
  • Other: $18,891

    • Phil Mishke (Governance Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Morgan Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Craft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlotte Freeman (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Earl Williams (Director-Sec. Treas.)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Landess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manfred Geyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmy Dickey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Findley Frazer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Holcomb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Maynard (Past Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandis Leverette (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mlfonline.org

    Where can I find the form 990 for Memphis Leadership Foundation Inc?

    The Memphis Leadership Foundation Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.mlfonline.org

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

    Mission Statement of Memphis Leadership Foundation Inc

    The Memphis Leadership Foundation, a non-denominational faith-based outreach ministry, is dedicated to equipping and empowering grassroots urban leaders to transform lives and communities in their respective areas. This organization is a member of the Global Network of Local Leadership Foundations, a network of organizations working to transform the cities they operate in.

    At the heart of Memphis Leadership Foundation's mission is the Economic Opportunities ministry, which provides job training and placement services for individuals who face significant barriers to entering the job market. Over the past two decades, this ministry has helped over 2,000 people, many of them ex-offenders, to rejoin the workforce. The impact of this ministry is particularly notable, with around 100-125 ex-offenders benefiting each year. This mission demonstrates the Memphis Leadership Foundation's commitment to uplifting and empowering its community, providing opportunities for growth and transformation.

    Impact

    This information is meant to be a general summary of Memphis Leadership Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Memphis Leadership Foundation Inc's impact can be seen through its Economic Opportunities program, which provides job training and placement for individuals facing significant barriers to entering the job market. Over the last 20 years, this ministry has helped over 2,000 people find employment, with a focus on supporting ex-offenders. Each year, the program assists 100-125 ex-offenders in gaining job skills and opportunities for a fresh start. This initiative not only benefits individuals by providing them with a pathway to employment but also contributes to the community by reducing recidivism and promoting economic empowerment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $580
  • Program Service Revenue: $1,736,649
  • Gross Receipts: $7,631,821

    • Assets and Liabilities:
  • Total Assets: $2,752,638
  • Total Liabilities: $870,536
  • Net Assets: $1,882,102
  • Programs

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

    ECONOMIC DEVELOPMENT P

    Revenue

    $1,560,846

    FACILITY AND ADMINISTR

    Revenue

    $170,459

    OTHER INCOME

    Revenue

    $5,344

    Organization Details

    Founding Year

    1986

    Principal Officer

    Larry Lloyd

    Main Address

    2400 POPLAR AVE NO 318, MEMPHIS, TN, 381123211

    NTEE Category

    Code: O55Z - Youth development

    If you are a representative of Memphis Leadership Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.