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New Memphis Institute

New Memphis Institute

Memphis, TN 38103
Tax ID58-1607228

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About this organization

Revenue

$2,728,022

Expenses

$2,345,310

Mission

Now more than ever, Memphis needs talent. Our businesses need talent to thrive, our government needs talent to solve problems, our schools need talent to educate our youth, our communities need talent to innovate and work for a better future. We are forging a more prosperous and vital new Memphis by attracting, developing, activating and retaining talent.

About

The leadership development intensive begins with a three-and-a-half day training experience delivered two times a year in partnership with the Center for Creative Leadership. More than 1,000 executive-level business and civic leaders have completed this program which empowers established leaders to better understand and use their strengths to move Memphis forward. Every year this growing number of leaders represents the driving force of New Memphis Institute: the greatest catalyst of positive transformation in any community is strong and engaged leaders. These leaders spend community time mentoring at-risk youth; serving on boards and committees based on referrals made by New Memphis Institute; advising the fellows on their community action projects; engaging and presenting at the Celebrate What's Right Luncheons; and working to attract and acclimate top talent to Memphis (over 1,000 persons benefited).

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “New memphis forges a prosperous and vital new memphis by attracting, developing, activating and retaining talent in order to move memphis forward by delivering programs that empower and inspire individuals to further develop the strengths of our city.”.

When referring to its tasks, they were described as: “New memphis forges a prosperous and vital new memphis by attracting, developing, activating and retaining talent in order to move memphis forward by delivering programs that empower and inspire individuals to further develop the strengths of our city.”.

  • The non-profit is operating legally in the state of TN.
  • The non-profit's address for the year 2020 is listed as 22 NORTH FRONT STREET NO 500, MEMPHIS, TN, 381032109 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 23 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $382,712.
  • The organization has 26 independent voting members.
  • The organization was formed in 1984.
  • The organization pays $1,357,080 in salary, compensation, and benefits to its employees.
  • The organization pays $131,151 in fundraising expenses.

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