Memphis Center City Development Corporation logo

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

18

-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

4states

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
$0$791K$2M$2M$3M20202021202220232024
Metric202420232022
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

$0$469K$939K$1M$2M9 grants202031 grants202116 grants202223 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Malone Park Commons LLC$150K400 Main LLC$80KFloyd Tyler IRR Trust db…$60KBradley D Barnett$60KThe Rowland Group$60KServicemasters by Strato…$60KSpotlight Productions$40KRS Lewis Funeral Homes LLC$40KSMH Partners GP$40KEast Court Condo Owners …$34K

Grant Size Distribution

97 grants across all recorded years

61<$50K28$50–100K3$100–250K3$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

NameTitleHoursCompensation
Tanja MitchellChairperson4
Dacquiri BaptisteBoard Member4
Williams BrackBoard Member4
Carl PersonBoard Member4
Victoria YoungBoard Member4
Angel PriceBoard Member4
Kevin BrewerBoard Member4
Patrick HillardBoard Member4
Surayyah HansanBoard Member4
Lisa Brown-TuckerBoard Member4
Chandell RyanPresident/CEO40

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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