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THE ADVANCEMENT OF EDUCATION OR SCIENCE LESSENING THE BURDENS OF GOVERNMENT; LESSENING OF NEIGHBORHOOD TENSIONS; ELIMINATION OF PREJUDICE AND DISCRIMINATION, AND COMBATING COMMUNITY DETERIORATION. ALSO, PROMOTION OF THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, FINANCE, EDUCATION AND TRAINING, SCIENCE AND TECHNOLOGY AS THEY RELATE TO THE COMMUNITY, THE REGION, AND THEIR PROBLEMS AND OPPORTUNITIES, THROUGH 1) THE UNDERTAKING OF STUDIES AND RESEARCH, COMPILATION OF RESULTS, AND PUBLICATION THEROF THROUGH ANY APPROPRIATE MEDIA; 2) THE CONDUCT OF TRAINING COURSES, SEMINARS, DISCUSSION GROUPS, FORUMS, PANELS, OR LECTURES, AND THE LIKE; 3) ANY ACTIVITY WHICH TENDS TO PROMOTE UNDERSTANDING, UNIFICATION, OR IMPROVED RELATIONSHIP BETWEEN DIFFERENT ECONOMIC OR ETHNIC GROUPS.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$478.7K
Program Spending
0%
of total expenses go to program services
Total Contributions
$754.1K
Total Expenses
▼$755.3K
Total Assets
$1.9M
Total Liabilities
▼$189K
Net Assets
$1.7M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
-$275.4K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$447.5K
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Delta Regional Authority | PATHWAY TO PROSPERITY SUSTAINING AN ADVANCED MANUFACTURING WORKFORCE IN MEMPHIS REGION | $447.5K | FY2024 | Oct 2023 – Oct 2025 | Open → |
Delta Regional Authority
$447.5K
PATHWAY TO PROSPERITY SUSTAINING AN ADVANCED MANUFACTURING WORKFORCE IN MEMPHIS REGION
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $478.7K | $754.1K | $755.3K | $1.9M | $1.7M |
| 2023IRS e-File | $314.7K | $305.5K | $21K | $2.5M | $2.4M |
| 2022 | $266.9K | $179.5K | $311.5K | $1.8M | $1.7M |
| 2021 | $105.5K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Ted Townsend | President | 40 | $0 | $671.8K | $49.8K | $721.6K |
| Ted Ferris | Treasurer | 1 | $0 | $295.1K | $47.2K | $342.4K |
| Willie Gregory | Chairman | 1 | $0 | $0 | $0 | $0 |
| Gregory Duckett | Secretary | 1 | $0 | $0 | $0 | $0 |
Ted Townsend
President
$721.6K
Hrs/Wk
40
Compensation
$0
Related Orgs
$671.8K
Other
$49.8K
Ted Ferris
Treasurer
$342.4K
Hrs/Wk
1
Compensation
$0
Related Orgs
$295.1K
Other
$47.2K
Willie Gregory
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Gregory Duckett
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Anthony Norris | Director | 1 | $0 | $0 | $0 | $0 |
| Dotty Giusti | Director | 1 | $0 | $0 | $0 | $0 |
| Duncan Williams | Director | 1 | $0 | $0 | $0 | $0 |
| Ruby Hancock | Director | 1 | $0 | $0 | $0 | $0 |
Anthony Norris
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dotty Giusti
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Duncan Williams
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $0 |
| $176.9K |
| $381.8K |
| $236.3K |
| 2020 | $1.6M | $0 | $1.7M | $896.9K | $133.1K |
| 2019 | $218.5K | $0 | $219.2K | $243.8K | $189.5K |
| 2018 | $742K | $0 | $854.8K | $299.2K | $229.2K |
| 2017 | $2.3M | $0 | $2M | $875.9K | $808.5K |
| 2016 | $605K | $0 | $813.2K | $914K | $875.5K |
| 2015 | $271K | $0 | $280.8K | $662.3K | $370.9K |
| 2014 | $562.9K | $0 | $562.8K | $265.9K | $247.5K |
| 2013 | $237.5K | $0 | $252.3K | $264.6K | $247.3K |
| 2012 | $3.4M | $3.2M | $3.5M | $684K | $262.1K |
| 2011 | $5.8M | $5.6M | $5.8M | $2.3M | $383.9K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
Ruby Hancock
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0