Memphis Housing Strategies

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

8 people listed

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

To advance real estate initiatives that promote vibrant and sustainable neighborhoods.

To serve in the role of co-developer for several rehab and new construction affordable housing developments.

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 90%; rating input score 90; 14th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail

Operating margin: Limited
Total-asset coverage ratio: 0.45; rating input score 18; 18th percentile among comparable filings
Liabilities to assets ratio: 0.02; rating input score 20; 20th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Program expense growth: 110.8% per year; rating input score 100; 98th percentile among comparable filings
Revenue growth: 11.4% per year; rating input score 100; 87th percentile among comparable filings
Asset growth: 0.2% per year; rating input score 100; 38th percentile among comparable filings

Where the money goes: 100% of spending went to programs
Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
Programs: 1 filed program accomplishment · $819K in reported program spending
Leadership: top reported pay $0 · 8 people listed
Highest-paid contractors: 1 contractor listed · $814K reported
Consistency: 13 of 14 current checks pass · 1 finding to review
Schedules: 3 filed schedules
Filing history: 4 filing years from 2022 to 2025
Contacts: How to reach this organization
Related organizations: 4 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Accountability: Governance controls: 4 of 7 not reported.
High — Sustainability: Total-asset coverage ratio scored 18/100.
Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
High — Sustainability: Liabilities to assets ratio scored 20/100.
Review — Sustainability: Officer compensation ratio scored 58/100.