Memphis Land Bank Inc

Community Development · Memphis, Tennessee

5050 Poplar Ave Ste 1714, Memphis, TN 38157-1714

EIN: 030482299· Founded: Sep 2004· 22 years active· Filing Year: 2023

Annual Revenue

$-568,686

Total Expenses

$733K

Total Assets

$19.3M

Program Spending

55%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$324K

44.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$19K

Total Payroll

$343K

47% of total expenses

Where the Money Goes

55%

Programs: 55%

Payroll: 47%

Other overhead: 45%

Program Revenue$401K (0%)

Total Expenses$733K (0%)

Payroll$343K (47%)

Overhead (non-program)45%

Trust Score Breakdown

Program Spending Ratio

55% of expenses go to programs

40%

Revenue & Stability

$-568,686 annual revenue

15%

Executive Compensation

$324K total officer comp (44.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$19.3M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.