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EIN 81-2000933

Memphis Metropolitan Land Bank Authority

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Memphis
State
Tennessee
Year formed
2015
Most recent tax filings
2024-06-01
NTEE code, primary
W11: Public and Societal Benefit Single Organization Support
Description
Blight Authority of Memphis aims to convert vacant, abandoned, foreclosed or tax delinquent properties into productive use while reducing blight, increasing property values, and improving the quality of life in Memphis neighborhoods. The organization generates all revenues and expenditures are directed back towards its mission.
Also known as...
Blight Authority of Memphis
Total revenues
$504,211
2024
Total expenses
$571,421
2024
Total assets
$984,061
2024
Num. employees
4
2024

Program areas at Memphis Metropolitan Land Bank Authority

The organization's stated mission is to convert vacant, abandoned, foreclosed, or tax delinquent properties into productive use, to reduce blight, to increase property values, and to improve the quality of life in Memphis neighborhoods. All revenues and expenses are related to this mission.

Who funds Memphis Metropolitan Land Bank Authority

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Convergence MemphisAffordable Housing$100,000
Local Initiatives Support CorporationSee Part Iv$10,000

Financials for Memphis Metropolitan Land Bank Authority

RevenuesFYE 06/2024
Total grants, contributions, etc.$501,676
Program services$0
Investment income and dividends$472
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,800
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$263
Total revenues$504,211

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Data update history
February 23, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 23, 2025
Updated personnel
Identified 3 new personnel
January 6, 2025
Received grants
Identified 2 new grant, including a grant for $100,000 from Convergence Memphis
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsReal estate organizationsHeadquarter / parent organizationsCharities
Issues
No issues found
Characteristics
Funds one specific organizationState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
499 S Hollywood St
Memphis, TN 38111
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
memphistn.gov/mmlba/ 
Phone
(901) 757-3360
IRS details
EIN
81-2000933
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W11: Public and Societal Benefit Single Organization Support
NAICS code, primary
5313: Real Estate Services
Parent/child status
Central organization
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