PROMISE DEVELOPMENT CORPORATION
Data sourced from IRS 990 public filings
PROMISE DEVELOPMENT CORPORATION TO ENHANCE THE QUALITY OF LIFE THROUGH CREATING AND PRESERVING HOUSING, PROMOTING ECONOMIC DEVELOPMENT OPPORTUNITIES AND ENCOURAGING COMMUNITY LIFE.
Low-Income/Economically Disadvantaged
Local (City/County Level)
Direct Service Delivery
Education & Awareness
Affordable Housing Development
Housing & Homelessness
Health
Annual Revenue
$3,499,542
Known Funders
3
Grants Received
6
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $3,499,542 | $3,450,236 | $7,218,735 |
| 2022 | $4,277,565 | $3,199,253 | $7,150,223 |
| 2021 | $3,033,896 | $2,975,229 | $5,823,077 |
| 2020 | $3,719,840 | $2,774,838 | $5,992,520 |
| 2019 | $2,516,184 | $2,380,334 | $5,024,263 |
| 2018 | $2,584,353 | $2,257,620 | $4,996,655 |
| 2016 | $2,333,806 | $2,478,829 | $4,582,302 |
Top Funders
COMMUNITY ALLIANCE FOR THE HOMELESS
MEMPHIS, TN
$67,500 (2021)
COMMUNITY ALLIANCE FOR THE HOMELESS
MEMPHIS, TN
$54,000 (2022)
COMMUNITY LIFT CORP
Memphis, TN
$40,000 (2023)
COMMUNITY LIFT CORP
Memphis, TN
$36,960 (2022)
COMMUNITY FOUNDATION OF GREATER MEMPHIS INC
MEMPHIS, TN
$8,000 (2021)
COMMUNITY LIFT CORP
Memphis, TN
$6,000 (2021)
Key Personnel
From 2023 IRS 990 filing
J
JANICE BENNETT
VICE PRESIDENT
Officer
R
RODNEY SANDERS
TREASURER
Officer
J
JUSTIN STARLING
MEMBER
D
DEMETRA KEYS
MEMBER
R
ROBERT MALONE
MEMBER
M
MELVIN WILLIAMS
MEMBER
C
CHEMISE BUIRSE
BOARD CHAIR/PRESIDENT
Officer
R
REVA MARSHALL
SECRETARY
Officer
C
CORNELIUS SANDERS
EXECUTIVE DIRECTOR
Officer
Frequently Asked Questions
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Methodist Healthcare-Memphis Hospitals$1,968,551,184
UNIVERSITY HEALTH SYSTEM INC$1,624,770,137
Mountain States Health Alliance$1,070,107,383
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