Totals
- Total revenue
- $5,873,133
- Total expenses
- $4,400,756
- Contributions and grants received
- $5,607,857
- Grants paid
- $194,965
- Program service revenue
- $4,500
- Investment income
- $162,273
- Other revenue
- $98,503
- Total assets, end of year
- $6,647,078
- Total liabilities, end of year
- $1,308,877
- Net assets or fund balances, end of year
- $5,338,201
- Program services expenses (Part IX)
- $2,938,040
- Management and general expenses
- $1,462,716
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,938,040
Program services were 66.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$1,723,000
-
1f · All other contributions, gifts and grants
$3,884,857
-
1g · Noncash contributions included above
$80,880
-
2a · Program service revenue: Fee for service
total $4,500 · unrelated business $0 · excluded $0
-
3 · Investment income
total $162,273 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$90,080
-
8c · Net income from fundraising events
total $90,080 · unrelated business $90,080 · excluded $0
-
11a · Other revenue: Miscellaneous Income
total $8,423 · related or exempt $8,423 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$8,423
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $194,965 · program services $194,965
-
7 · Other salaries and wages
total $1,275,089 · program services $828,808 · management and general $446,281 · fundraising $0
-
9 · Other employee benefits
total $111,745 · program services $72,634 · management and general $39,111 · fundraising $0
-
10 · Payroll taxes
total $93,251 · program services $60,613 · management and general $32,638 · fundraising $0
-
11b · Fees: legal
total $25,986 · program services $16,891 · management and general $9,095 · fundraising $0
-
12 · Advertising and promotion
total $126,472 · program services $82,207 · management and general $44,265 · fundraising $0
-
14 · Information technology
total $5,042 · program services $3,277 · management and general $1,765 · fundraising $0
-
16 · Occupancy
total $172,978 · program services $112,436 · management and general $60,542 · fundraising $0
-
17 · Travel
total $8,099 · program services $5,264 · management and general $2,835 · fundraising $0
-
20 · Interest
total $26,601 · program services $26,601 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $37,541 · program services $24,402 · management and general $13,139 · fundraising $0
-
23 · Insurance
total $15,753 · program services $10,239 · management and general $5,514 · fundraising $0
-
24a · Other expenses: HR processing fees
total $18,068 · program services $11,744 · management and general $6,324 · fundraising $0
-
24b · Other expenses: Workers compensation
total $2,716 · program services $1,766 · management and general $950 · fundraising $0
-
24c · Other expenses: Utilities
total $20,967 · program services $13,629 · management and general $7,338 · fundraising $0
-
24d · Other expenses: Repairs & maintenance
total $37,229 · program services $24,199 · management and general $13,030 · fundraising $0
-
24e · All other expenses
total $2,228,254 · program services $1,448,365 · management and general $779,889 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,747,102 · end of year $4,576,131
-
3 · Pledges and grants receivable
beginning of year $7,645 · end of year $11,975
-
7 · Other notes and loans receivable
beginning of year $556,818 · end of year $615,706
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $10,844
-
10a · Land, buildings and equipment: cost or other basis
$1,137,116
-
10c · Land, buildings and equipment, net
beginning of year $537,346 · end of year $1,137,116
-
13 · Investments: program-related
beginning of year $310,732 · end of year $288,906
-
15 · Other assets
beginning of year $6,400 · end of year $6,400
-
17 · Accounts payable and accrued expenses
beginning of year $90,129 · end of year $161,405
-
23 · Secured mortgages and notes payable
beginning of year $1,000,000 · end of year $1,000,000
-
24 · Unsecured notes and loans payable
beginning of year $186,919 · end of year $147,472
-
27 · Net assets without donor restrictions
beginning of year $3,882,595 · end of year $5,338,201
-
28 · Net assets with donor restrictions
beginning of year $6,400
Mission and programs · 2025
Mission
The Memphis Medical District Collaborative (MDCDC) is a community development organization.
-
The organizations purpose is to make the Memphis Medical District more vibrant, prosperous, equitable. The organization was formed to provide community development and revitalization of the Memphis Medical District and surrounding areas through real estate development, economic development, business attraction, job grouwth, enchancement of safety and security, cleaning and landscaping, marketing and coordination amoung area institutios, organizations, government enitities business and residents. There were 33,058 employees, students, residents and business benefited.
Expenses $2,938,040 · Grants $3,803,977 · Revenue $5,710,860
As filed on the 2025 return.
Listed in Part VII
-
Dr Michael Ugwueke
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Mr Ike Anand
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Dr Lewis Reich
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Dr Michelle Taylor
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Mr Antonio Adams
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Peter Buckley
Director
- Total calculated
- $0
- Hours/week
- 2
-
MsAshley McDurmon
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Reginald Coopwood
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Tracy Hall
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mr Pitt Hyde
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Hampton Hopkins
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mr Doug McGowen
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ms Chandell Ryan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mr Joe Vaughn
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mr John Webb
Director
- Total calculated
- $0
- Hours/week
- 2
-
Rory Thomas
President & CEO
- Total calculated
- $198,164
- From this org
- $189,189
- From related orgs
- $0
- Other
- $8,975
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,189
- Bonus
- $9,459
- Other
- $7,447
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $206,095
-
Keesa Mitchell
Vice President
- Total calculated
- $138,005
- From this org
- $126,000
- From related orgs
- $0
- Other
- $12,005
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,000
- Bonus
- $6,300
- Other
- $2,500
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $134,800
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
American Cancer Society
$12,500
Community Development
-
Inkan Builders
$10,000
Community Development
-
Silver City Lending
$9,500
Community Development
-
Bar Limina
$7,500
Community Development
-
Sam Toliver
$7,500
Community Development
-
Andre Harris
$7,500
Community Development
-
Daavon Grayson
$7,500
Community Development
-
CeCe Glenn ( Ark 5 LLC)
$7,500
Community Development
-
Ashleigh Hayes dba Evolve Pilates
$7,000
Community Development
-
Malone Park Commons
$7,000
Community Development
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Medical District Development LLC
Engage in Real Estate Development within the medical district community · TN · income $4,500 · assets $1,442,424
Directly controlled by Yes
-
Medical District Park
TN · income $682,400 · assets $728,128
Directly controlled by Yes
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 13 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611949349301416
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.