Memphis Center City Development Corporation

MEMPHIS, TN EIN: 58-1330667 Website

The Memphis Center City Development Corporation (CCDC) is a nonprofit entity chartered by the City of Memphis, Shelby County, and the State of Tennessee. The organization functions as a developer for key downtown projects and provides financial incentives to property owners undertaking renovation and redevelopment work in the Central Business Improvement District (CBID).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.5M

+2.1% YoY

Annual Giving

$800K

-57.4% YoY

Grant Count

-21.7% YoY

Avg Grant Size

$44K

-45.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The CCDC promotes redevelopment and combats deterioration in the Central Business Improvement District. The organization's core objectives include:

Expanding employment opportunities
Increasing personal income
Establishing and financing business ventures
Coordinating governmental planning
Promoting housing development
Promoting the common good and general welfare of the Core City

Grantmaking

The CCDC offers multiple financial incentive programs to property owners and businesses:

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Geographic Focus

Where this funder awards grants

The CCDC operates within the Central Business Improvement District (CBID) in downtown Memphis, Tennessee, with a focus on the Core City area.

Grant Distribution by State

Tennessee $5.8M (95%)

Georgia $160K (3%)

New York $80K (1%)

California $32K (1%)

States

California Georgia New York Tennessee

Cities

AtlantaColliervilleMcdonoughMemphisMoscowNashvilleNew YorkVenice

Financial History

Multi-year comparison from IRS filings

Tax-exempt status granted in December 1978. EIN: 58-1330667. The organization filed a Form 990 for the fiscal year ending June 2014.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,465,355	$12,203,798	$10,785,679
Revenue	$1,345,075	$1,738,728	$143,140
Expenses	$1,445,086	$1,631,052	$1,715,061
Qualifying Distributions	—	—	—
Net Investment Income	$582,756	$307,456	$25,030
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

97 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Malone Park Commons LLC ($150,000), 400 Main LLC ($80,000), Floyd Tyler IRR Trust dba Preserver Ptr ($60,000).

Recipient	Purpose	Amount
Downtown Wines & Spirit Memphis, TN	Storefront	$21,742
Floyd Tyler IRR Trust dba Preserver Ptr Collierville, TN	Storefront	$60,000
Spotlight Productions Memphis, TN	Storefront	$40,000
Bradley D Barnett Moscow, TN	Storefront	$60,000
The Rowland Group McDonough, GA	Storefront	$60,000
East Court Condo Owners Assoc Memphis, TN	Storefront	$34,489
Servicemasters by Stratos-v Memphis, TN	Storefront	$60,000
400 Main LLC Memphis, TN	Storefront	$80,000
RS Lewis Funeral Homes LLC Memphis, TN	Storefront	$40,000
SMH Partners GP Memphis, TN	Storefront	$40,000

Leadership & Key People

Leadership team and compensation from IRS filings

The CCDC is governed by a nine-member volunteer board, including:

Tanja Mitchell — Chairman
Kevin Brewer — Treasurer
Dacquiri Baptiste — Secretary
Surayyah Hansan — DMC Board Secretary
Lisa Brown-Tucker
Lauren Stimac — DMC Board Chair
Carl Person
Angel Price
Victoria Young Robinson — DMC Board Vice Chair

The board includes the chair, vice chair, and secretary of the Downtown Memphis Commission Board, with six additional members appointed by the Downtown Memphis Commission.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Tanja Mitchell	Chairperson	4	—
Dacquiri Baptiste	Board Member	4	—
Williams Brack	Board Member	4	—
Carl Person	Board Member	4	—
Victoria Young	Board Member	4	—
Angel Price	Board Member	4	—
Kevin Brewer	Board Member	4	—
Patrick Hillard	Board Member	4	—
Surayyah Hansan	Board Member	4	—
Lisa Brown-Tucker	Board Member	4	—
Chandell Ryan	President/CEO	40	—

Frequently Asked Questions

What does Memphis Center City Development Corporation fund?

The CCDC promotes redevelopment and combats deterioration in the Central Business Improvement District. The organization's core objectives include: • Expanding employment opportunities • Increasing personal income • Establishing and financing business ventures • Coordinating governmental planning • Promoting housing development • Promoting the common good and general welfare of the Core City

How do I apply for a grant from Memphis Center City Development Corporation?

The CCDC offers multiple financial incentive programs to property owners and businesses: • **Downtown Memphis Development Loan** — Low-interest development loans for property owners • **Downtown Pre-Development Assistance Grant** • **Exterior Improvement Grant (EIG) Program** • **Retail Tenant Improvement Grant Program** • **Good Neighbor Grant** These programs support renovation, redevelopment, and stabilization of properties within the CBID.

Where does Memphis Center City Development Corporation make grants?

The CCDC operates within the Central Business Improvement District (CBID) in downtown Memphis, Tennessee, with a focus on the Core City area.

What size grants does Memphis Center City Development Corporation award?

In 2024, Memphis Center City Development Corporation awarded 18 grants totaling $800K — an average of about $44K per grant, based on its IRS Form 990 filings.

What is Memphis Center City Development Corporation's EIN?

Memphis Center City Development Corporation's EIN (Employer Identification Number) is 58-1330667. IRS Form 990 filing data is available on this page for 2020–2024.