Civic Intelligence

The Power Center Community Development Corporation

EIN 20-1578885 • 501(c)3 • Memphis, TN

Profile

The mission of the Power Center is to restore the economic, educational, and social foundation of Hickory Hill through sustainable urban development and empowering initiatives designed to instill hope, pride, and a sense of community.

6120 Winchester RdMemphis, TN 38115

www.powercentercdc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

16.49x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-2226%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

31st percentile

-22%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-90%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$289,625

Down $82,897 (-22%) from 2023

Liabilities

Down

$36,600

Down $33,600 (-48%) from 2023

Net Assets

Down

$253,025

Down $49,297 (-16%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Down

$2,220

Down $19,980 (-90%) from 2023

Expenses

Up

$51,642

Up $24,066 (+87%) from 2023

Net Income

Down

-$49,422

Down $44,046 (-819%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $233,920Liabilities 2010: $190,859Net Assets 2010: $43,0612010Assets 2011: $242,557Liabilities 2011: $161,1482011Assets 2012: $274,867Liabilities 2012: $154,3392012Assets 2013: $257,491Liabilities 2013: $103,5952013Assets 2014: $231,722Liabilities 2014: $48,103Net Assets 2014: $183,6192014Assets 2015: $482,393Liabilities 2015: $31,844Net Assets 2015: $450,5492015Assets 2016: $296,724Liabilities 2016: $216,6632016Assets 2017: $239,837Liabilities 2017: $28,263Net Assets 2017: $211,5742017Assets 2018: $226,817Liabilities 2018: $28,0792018Assets 2019: $213,467Liabilities 2019: $17,7152019Assets 2022: $422,094Liabilities 2022: $0Net Assets 2022: $422,0942022Assets 2023: $372,522Liabilities 2023: $70,200Net Assets 2023: $302,3222023Assets 2024: $289,625Liabilities 2024: $36,600Net Assets 2024: $253,0252024

Highlighted filing

2024

Assets$289,625
Liabilities$36,600
Net Assets$253,025
Open 2024 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $222,964Expenses 2010: $185,083Net Income 2010: $37,8812010Revenue 2011: $81,409Expenses 2011: $43,061Net Income 2011: $38,3482011Revenue 2012: $65,767Expenses 2012: $26,648Net Income 2012: $39,1192012Revenue 2013: $53,174Expenses 2013: $19,806Net Income 2013: $33,3682013Revenue 2014: $62,874Expenses 2014: $33,151Net Income 2014: $29,7232014Revenue 2015: $593,369Expenses 2015: $343,394Net Income 2015: $249,9752015Revenue 2016: $163,564Expenses 2016: $534,052Net Income 2016: -$370,4882016Revenue 2017: $1,029,693Expenses 2017: $883,318Net Income 2017: $146,3752017Revenue 2018: $52,900Expenses 2018: $66,284Net Income 2018: -$13,3842018Revenue 2019: $14,950Expenses 2019: $27,936Net Income 2019: -$12,9862019Revenue 2022: $332,977Expenses 2022: $110,350Net Income 2022: $222,6272022Revenue 2023: $22,200Expenses 2023: $27,576Net Income 2023: -$5,3762023Revenue 2024: $2,220Expenses 2024: $51,642Net Income 2024: -$49,4222024

Highlighted filing

2024

Revenue$2,220
Expenses$51,642
Net Income-$49,422
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$289,625
Liabilities
$36,600
Net assets
$253,025
Revenue
$2,220
Expenses
$51,642
Net income
-$49,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.29$0.04$0.25$0.00$0.05$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.37$0.07$0.30$0.02$0.03$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.33$0.11$0.22
2019Summary only. Only limited summary data is available for this year.$0.21$0.02$0.01$0.03$0.01
2018Summary only. Only limited summary data is available for this year.$0.23$0.03$0.05$0.07$0.01
2017Summary only. Only limited summary data is available for this year.$0.24$0.03$0.21$1.03$0.88$0.15
2016Summary only. Only limited summary data is available for this year.$0.30$0.22$0.16$0.53$0.37
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.03$0.45$0.59$0.34$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.05$0.18$0.06$0.03$0.03
2013Summary only. Only limited summary data is available for this year.$0.26$0.10$0.05$0.02$0.03
2012Summary only. Only limited summary data is available for this year.$0.27$0.15$0.07$0.03$0.04
2011Summary only. Only limited summary data is available for this year.$0.24$0.16$0.08$0.04$0.04
2010Summary only. Only limited summary data is available for this year.$0.23$0.19$0.04$0.22$0.19$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.2
Gross Receipts
$2,220
Mission and Program Overview

Mission

the mission of the power center community development corporation is to restore the economic, educational, and social foundation of Hickory Hill through sustainable urban development and empowering initiatives designed to instill hope, pride, and a sense of community

To promote inclusive community development, focusing on ensuring fair access to housing, healthcare, education, and economic opportunities for Hickory Hill and its neighboring areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$198,000$198,000→ $0
Cash and Non-Interest-Bearing Accounts$174,522$91,625▼ $82,897
Total Assets$372,522$289,625▼ $82,897
Liabilities
Unsecured Notes Loans Payable$70,200$36,600▼ $33,600
Total Liabilities$70,200$36,600▼ $33,600
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$302,322$253,025▼ $49,297
Total Net Assets Fund Balance$302,322$253,025▼ $49,297
Total Liabilities and Net Assets / Fund Balance$372,522$289,625▼ $82,897

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$182,400--
Land$15,600--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Dr Stacey L SpencerPresident
Anterrial HarrisBoard Member
Dr Steve BallardBoard Member
Jacquelyn JohnsonBoard Member
Patrick Carter IIIBoard Member
Rodney BrooksBoard Member
Sondretta GreenBoard Member/ Treasurer-Elect
Brody WambleBoard VP
DrMarquetta NeboSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,220
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,220
Change in Net Assets
$-49,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,642
Total Fundraising Expense$248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$41,477$423$248$42,148
Occupancy$0$1,922$0$1,922
Insurance$0$1,545$0$1,545
Advertising$275$0$0$275
Other Expenses$0$55$0$55
Travel$0$36$0$36
Total Functional Expenses$41,762$9,632$248$51,642
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Power Center Community Development Corporation
EIN
20-1578885
Phone
9013336805
Address
6120 Winchester Rd, MEMPHIS, TN 38115

Signing Officer

Name
Stacy Spencer
Title
President
Phone
9013336805
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacy Spencer
Formed
2004
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
MB Legacy Consulting PLLC
Address
1661 International Drive Suite 400, Memphis, TN 38120
Preparer
Tamika M BentonCPA
Phone
9018183159
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The organizations CPA provides the Chair and Director a copy of the annual tax return to review and distribute for review to other members of the BOD.”

Pt X

“Ln 10:Donated land with book value of $15,600FMV and Purchased land with book value of $182,400 purchase price.”

Pt VIII

“Ln7:Sale of donated land to meet budgets for future community intiatives & fundraising.”

Pt VI, Line 12C

“The organization manages and monitors conflict of interest by requiring disclosure and adhering to standard processes and procedures for mitigating conflicts of interest. Training, policy enforcement, voting and designated roles are standard practice.”

Pt VI, Line 4

“As part of the organizations BOD policy, officers and board members serve for a tenure of 1 year. New BODs are voted to serve/sit for the upcoming fiscal year.”

Raw XML Appendix340 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To promote inclusive community development, focusing on ensuring fair access to housing, healthcare, education, and economic opportunities for Hickory Hill and its neighboring areas.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0275
IRS990/AdvertisingGrp/TotalAmt0275
IRS990/AllOtherContributionsAmt02220
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0Sonja Jones
IRS990/BooksInCareOfDetail/PhoneNum09014884310
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06120 Winchester Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038115
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0174522
IRS990/CashNonInterestBearingGrp/EOYAmt091625
IRS990/ChangeToOrgDocumentsInd0true
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02220
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt051642
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-49422
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt051642
IRS990/CYTotalFundraisingExpenseAmt0248
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02220
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0In 2024, Power Center CDC expanded its mental health programs, serving over 80 participants through free counseling and the Summer Tuesday Night Therapy series, which significantly reduced distress levels. The organization was featured in a national report, added new board members, held its annual retreat, secured a website domain, and transitioned Raushanah Morgan to Interim Executive Director. PCCDC also increased community outreach through cleanup events, a Back-to-School Drive, government meetings, and preparations for its 20th Anniversary Fundraiser, supported by 10 volunteers and 3 consultants.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt041762
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Dr Stacey L Spencer
IRS990/Form990PartVIISectionAGrp/PersonNm1Patrick Carter III
IRS990/Form990PartVIISectionAGrp/PersonNm2Brody Wamble
IRS990/Form990PartVIISectionAGrp/PersonNm3DrMarquetta Nebo
IRS990/Form990PartVIISectionAGrp/PersonNm4Jacquelyn Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm5Dr Steve Ballard
IRS990/Form990PartVIISectionAGrp/PersonNm6Sondretta Green
IRS990/Form990PartVIISectionAGrp/PersonNm7Anterrial Harris
IRS990/Form990PartVIISectionAGrp/PersonNm8Rodney Brooks
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board VP
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member/ Treasurer-Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02220
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01545
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt01545
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0198000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0198000
IRS990/LandBldgEquipCostOrOtherBssAmt0198000
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To promote inclusive community development, focusing on ensuring fair access to housing, healthcare, education, and economic opportunities for Hickory Hill and its neighboring areas.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0302322
IRS990/NetAssetsOrFundBalancesEOYAmt0253025
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0302322
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0253025
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01922
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt01922
IRS990/OfficeExpensesGrp/FundraisingAmt0248
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0423
IRS990/OfficeExpensesGrp/ProgramServicesAmt041477
IRS990/OfficeExpensesGrp/TotalAmt042148
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Bank Charges & Fees
IRS990/OtherExpensesGrp/Desc1Office Supplies & Software
IRS990/OtherExpensesGrp/Desc2Legal & Professional Services
IRS990/OtherExpensesGrp/Desc3Misc
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0432
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25219
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt355
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt110
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0432
IRS990/OtherExpensesGrp/TotalAmt110
IRS990/OtherExpensesGrp/TotalAmt25219
IRS990/OtherExpensesGrp/TotalAmt355
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Stacy Spencer
IRS990/PriorPeriodAdjustmentsAmt0125
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt022200
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt027576
IRS990/PYOtherRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-5376
IRS990/PYTotalExpensesAmt027576
IRS990/PYTotalRevenueAmt022200
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-49422
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02220
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02220
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0102300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0126720
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0126720
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt022200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0102300
IRS990ScheduleA/Total509Grp/TotalAmt0126720
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0126720
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0182400
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0182400
IRS990ScheduleD/LandGrp/BookValueAmt015600
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt015600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0198000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organizations CPA provides the Chair and Director a copy of the annual tax return to review and distribute for review to other members of the BOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Ln 10:Donated land with book value of $15,600FMV and Purchased land with book value of $182,400 purchase price.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Ln7:Sale of donated land to meet budgets for future community intiatives & fundraising.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization manages and monitors conflict of interest by requiring disclosure and adhering to standard processes and procedures for mitigating conflicts of interest. Training, policy enforcement, voting and designated roles are standard practice.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4As part of the organizations BOD policy, officers and board members serve for a tenure of 1 year. New BODs are voted to serve/sit for the upcoming fiscal year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VIII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 4
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0372522
IRS990/TotalAssetsEOYAmt0289625
IRS990/TotalAssetsGrp/BOYAmt0372522
IRS990/TotalAssetsGrp/EOYAmt0289625
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02220
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0248
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09632
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041762
IRS990/TotalFunctionalExpensesGrp/TotalAmt051642
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt070200
IRS990/TotalLiabilitiesEOYAmt036600
IRS990/TotalLiabilitiesGrp/BOYAmt070200
IRS990/TotalLiabilitiesGrp/EOYAmt036600
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0302322
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0253025
IRS990/TotalProgramServiceExpensesAmt041762
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02220
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0372522
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0289625
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt036
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt036
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt070200
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt036600
IRS990/USAddress/AddressLine1Txt06120 Winchester Rd
IRS990/USAddress/CityNm0MEMPHIS
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038115
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.powercentercdc.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Stacy Spencer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09013336805
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Power Center Community Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0POWE
ReturnHeader/Filer/EIN0201578885
ReturnHeader/Filer/PhoneNum09013336805
ReturnHeader/Filer/USAddress/AddressLine1Txt06120 Winchester Rd
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038115
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813490352
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MB Legacy Consulting PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01661 International Drive Suite 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Memphis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038120
ReturnHeader/PreparerPersonGrp/PhoneNum09018183159
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tamika M BentonCPA
ReturnHeader/ReturnTs02025-11-26T15:27:39-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.