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Memphis Investors Group Inc

  • Memphis, TN
  • Tax-exempt since April 2004
  • EIN: 62-1862666

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Business and Industry (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$110k (2024)

Expenses
$144k (2024)

Total Assets
$192k (2024)

Total Liabilities
$2.56k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$110,286
Expenses
$144,489
Net Income
-$34,203
Net Assets
$189,835
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $31,395
28.5%
Investment Income $10,675
9.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $10,731
9.7%
Other Revenue $0
Assets/Debt
Total Assets $192,398
Total Liabilities $2,563
Net Assets $189,835
Compensation
Key Employees and Officers Compensation Other
Linda Saunders (Operations Manager) $60,850 $0
Matthew Cates (Board Member) $0 $0
David Hutson (Past President) $0 $0
Foti Karastamatis (President) $0 $0
Walter Jones (Board Member) $0 $0
Fong Lum (Board Member) $0 $0
Joseph T Kirkland Jr (Secretary) $0 $0
Dustin Asher (Vice President) $0 $0
Antonia Emmert (Board Member) $0 $0
Kevin Mc Donell (Treasurer) $0 $0
Trevor Day (Board Member) $0 $0
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Document Links

990-EZ
Filed on Feb. 18, 2025

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$122,296
Expenses
$145,749
Net Income
-$23,453
Net Assets
$224,038
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,207
29.6%
Investment Income $1,685
1.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $18,907
15.5%
Other Revenue $0
Assets/Debt
Total Assets $227,385
Total Liabilities $3,347
Net Assets $224,038
Compensation
Key Employees and Officers Compensation Other
Linda Saunders (Operations Manager) $60,000 $0
Matthew Cates (Past President) $0 $0
David Hutson (President) $0 $0
Foti Karastamatis (Treasurer) $0 $0
Kathy Sawyer (Secretary) $0 $0
Jim Trimble (Board Member) $0 $0
Joseph T Kirkland Jr (Vice President) $0 $0
Dustin Asher (Board Member) $0 $0
Antonia Emmert (Board Member) $0 $0
Robert Burge (Board Member) $0 $0
Trevor Day (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on Feb. 8, 2024

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$121,311
Expenses
$124,919
Net Income
-$3,608
Net Assets
$247,491
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $37,548
31.0%
Investment Income $687
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $17,867
14.7%
Other Revenue $0
Assets/Debt
Total Assets $247,769
Total Liabilities $278
Net Assets $247,491
Compensation
Key Employees and Officers Compensation Other
Ellen Mc Donell (Administrator) $42,000 $0
Matthew Cates (Past President) $0 $0
David Hutson (President) $0 $0
Foti Karastamatis (Treasurer) $0 $0
Kathy Sawyer (Secretary) $0 $0
Tim Yancey (Board Member) $0 $0
Joseph T Kirkland Jr (Vice President) $0 $0
Dustin Asher (Board Member) $0 $0
Antonia Emmert (Board Member) $0 $0
Robert Burge (Board Member) $0 $0
Trevor Day (Board Member) $0 $0
+ View more people

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990-EZ
Filed on Feb. 9, 2023

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$120,638
Expenses
$107,955
Net Income
$12,683
Net Assets
$251,099
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,533
28.6%
Investment Income $1,268
1.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $22,044
18.3%
Other Revenue $0
Assets/Debt
Total Assets $251,099
Total Liabilities $0
Net Assets $251,099
Compensation
Key Employees and Officers Compensation Other
Damon Sanders (Executive Director) $29,687 $2,407
Ellen Mc Donell (Administrator) $20,595 $0
Matthew Cates (Past President) $0 $0
David Hutson (President) $0 $0
Delois Brown (Board Member) $0 $0
Foti Karastamatis (Treasurer) $0 $0
Kathy Sawyer (Secretary) $0 $0
Tim Yancey (Board Member) $0 $0
Joseph T Kirkland Jr (Vice President) $0 $0
Dustin Asher (Board Member) $0 $0
Antonia Emmert (Board Member) $0 $0
Kevin Mc Donell (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on Feb. 16, 2022

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$117,433
Expenses
$80,620
Net Income
$36,813
Net Assets
$238,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $39,376
33.5%
Investment Income $1,802
1.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $21,430
18.2%
Other Revenue $0
Assets/Debt
Total Assets $238,416
Total Liabilities $0
Net Assets $238,416
Compensation
Key Employees and Officers Compensation Other
Ellen Mc Donell (Administrator) $38,434 $0
Matthew Cates (President) $0 $0
David Hutson (Vice President) $0 $0
Delois Brown (Board Member) $0 $0
Erik Nowacki (Treasurer) $0 $0
Joe Alexander (Board Member) $0 $0
Kevin Mc Donell (Board Member) $0 $0
Kathy Sawyer (Secretary) $0 $0
Richard Scarbrough (Board Member) $0 $0
Kenneth Vaughn (Board Member) $0 $0
Tim Yancey (Board Member) $0 $0
Joseph T Kirkland Jr (Board Chairman) $0 $0
Maribel Owen (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on June 28, 2021

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$153,975
Expenses
$98,664
Net Income
$55,311
Net Assets
$201,603
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $38,617
25.1%
Investment Income $316
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $39,221
25.5%
Other Revenue $0
Assets/Debt
Total Assets $201,603
Total Liabilities $0
Net Assets $201,603
Compensation
Key Employees and Officers Compensation Other
Ellen Mcdonell (Administrato) $28,282 $0
Matthew Cates (President) $0 $0
Pablo Pereyra (Vice Preside) $0 $0
Delois Brown (Secretary) $0 $0
Erik Nowacki (Treasurer) $0 $0
Joe Alexander (Board Member) $0 $0
Kevin Mcdonell (Board Member) $0 $0
Kevin Perk (Board Member) $0 $0
Richard Scarbrough (Board Member) $0 $0
Kenneth Vaughn (Board Member) $0 $0
Tim Yancey (Board Member) $0 $0
Joseph T Kirkland Jr (Board Chairm) $0 $0
+ View more people

Document Links

990-EZ
Filed on June 26, 2020

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$116,564
Expenses
$98,764
Net Income
$17,800
Net Assets
$146,289
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,346
31.2%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $8,071
6.9%
Other Revenue $10,292
8.8%
Assets/Debt
Total Assets $146,289
Total Liabilities $0
Net Assets $146,289
Compensation
Key Employees and Officers Compensation Other
Joe Kirkland (President) $0 $0
Pablo Pereyra (Vice President) $0 $0
Erik Nowacki (Treasurer) $0 $0
Antonia Emmert (Secretary) $0 $0
+ View more people

Document Links

990-EZ
Filed on Oct. 4, 2019

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$108,415
Expenses
$93,142
Net Income
$15,273
Net Assets
$128,489
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,248
16.8%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $26,254
24.2%
Other Revenue $17,690
16.3%
Assets/Debt
Total Assets $128,589
Total Liabilities $100
Net Assets $128,489
Compensation
Key Employees and Officers Compensation Other
Janne Zaccagnino (President) $0 $0
Pedro Pereyra (Vice President) $0 $0
Toni Emmeret (Secretary) $0 $0
Paul Brown (Treasurer) $0 $0
+ View more people

Document Links

990-EZ
Filed on June 1, 2018

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$99,022
Expenses
$64,401
Net Income
$34,621
Net Assets
$113,216
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,811
18.0%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $17,233
17.4%
Other Revenue $16,781
16.9%
Assets/Debt
Total Assets $113,216
Total Liabilities $0
Net Assets $113,216
Compensation
Key Employees and Officers Compensation Other
Janne Zaccagnino (Vice President) $0 $0
Joseph Kirkland (President) $0 $0
Cresha Rounds (Secretary) $0 $0
Jim Gosney (Treasurer) $0 $0
+ View more people

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990-EZ
Filed on May 10, 2017

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$92,828
Expenses
$67,465
Net Income
$25,363
Net Assets
$77,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $48,188
51.9%
Assets/Debt
Total Assets $77,806
Total Liabilities $0
Net Assets $77,806
Compensation
Key Employees and Officers Compensation Other
Jim Keller (Vice President) $0 $0
Joseph Kirkland (President) $0 $0
Cresha Round (Secretary) $0 $0
Kevin Mcdonell (Treasurer) $0 $0
+ View more people

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990-EZ
Filed on April 8, 2016

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$50,360
Expenses
$36,593
Net Income
$13,767
Net Assets
$52,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,091
14.1%
Investment Income $41
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $12,853
25.5%
Other Revenue $20
0.0%
Assets/Debt
Total Assets $52,477
Total Liabilities $0
Net Assets $52,477
Compensation
Key Employees and Officers Compensation Other
Jeremy Veldman (President) $0 $0
Joe Kirkland (Vice President) $0 $0
Holly Swogger (Secretary) $0 $0
Kevin Mcdonell (Treasurer) $0 $0
David Neese (Board Member) $0 $0
Curt Davis (Board Member) $0 $0
Richard Scarbrough (Board Member) $0 $0
Jim Keller (Board Member) $0 $0
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990-EZ
Filed on May 26, 2015

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$43,777
Expenses
$37,972
Net Income
$5,805
Net Assets
$38,710
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$19,702
Other Revenue $39,065
89.2%
Assets/Debt
Total Assets $38,710
Total Liabilities $0
Net Assets $38,710
Compensation
Key Employees and Officers Compensation Other
Jim Gosney (Vice President) $0 $0
Jeremy Veldman (President) $0 $0
Jim Keller (Secretary) $0 $0
Christy Bendall (Treasurer) $0 $0
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990-EZ
Filed on April 10, 2014

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$52,404
Expenses
$49,727
Net Income
$2,677
Net Assets
$32,916
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,060
55.5%
Assets/Debt
Total Assets $32,959
Total Liabilities $43
Net Assets $32,916

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$44,928
Expenses
$44,080
Net Income
$848
Net Assets
$31,105
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,765
39.5%
Investment Income $129
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,339
11.9%
Assets/Debt
Total Assets $31,105
Total Liabilities $0
Net Assets $31,105

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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