Vibrant Memphis Inc.
Vibrant Memphis Inc.
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About this organization
Mission
Creates a just, inclusive, and growing regional economy by driving strategy and measuring impact among a network of partners to increase support to new and existing entrepreneurs in converting ideas to businesses, developing talent, attracting capital, and acquiring customers.
About
Providing a full-range of entrepreneurial support services including mentorship and executives in residence, boot camp training, incubation and coworking, attraction of new debt and equity capital, networking and events, corporate and customer engagement. Working with partners to strengthen the entrepreneurial ecosystem so that available resources are deployed effectively. Services designed to bring benefits of economic development to all residents of Memphis equitably, with diversity and inclusion a critical part of all that Epicenter does.
Interesting data from their 2019 990 filing
The non-profit's aim, as indicated in the filing, is “Act as the hub for entrepreneurial support in memphis, creating 500 companies and serving 1000 entrepreneurs in 10 years through attraction and development of talent, converting ideas to businesses, attracting capital, and assisting in customer acquisition.”.
When referring to its functions, they were specified as: “Creates a just, inclusive, and growing regional economy by driving strategy and measuring impact among a network of partners to increase support to new and existing entrepreneurs in converting ideas to businesses, developing talent, attracting capital, and acquiring customers.”.
- The non-profit has reported their operating state as TN, as required by law.
- As stated in the filing, the non-profit's address in 2019 was 902 S COOPER STREET, MEMPHIS, TN, 38104.
- The non-profit's form reports a total of 16 employees as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $11,102,957.
- The organization has 8 independent voting members.
- The organization was formed in 2017.
- The organization pays $1,090,936 in salary, compensation, and benefits to its employees.
- The organization pays $242,949 in fundraising expenses.