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Nonprofit · EIN 27-3941355

COMMUNITY LIFT CORP

Tax-exempt · MEMPHIS, TN 38103

Financials

$2.4M$989K2022$755K$1.1M2023$542K$1.2M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY LIFT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$541,822$1,198,322-$656,500$2,285,845$157,703$2,128,142
June 30, 2024990$754,626$1,147,278-$392,652$3,160,649$459,451$2,701,198
June 30, 2023990$2,445,286$988,653$1,456,633$3,203,316$109,465$3,093,851
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$525,228
Program service revenue
$0
Investment income
$0
Other revenue
$16,594

Expenses

Grants and similar amounts paid
$317,500
Other salaries and wages
$352,929
Salaries, compensation and benefits (total)
$352,929
Professional fundraising fees
$0
Travel
$8,718
Depreciation
$29,067
Program services (functional)
$1,021,831
Management and general (functional)
$176,491

Balance sheet and other

Total assets, start of year
$3,160,649
Total assets, end of year
$2,285,845
Total liabilities, end of year
$157,703
Net assets, end of year
$2,128,142
Land, buildings and equipment
$54,059
Net assets without donor restrictions
$424,562
Net assets with donor restrictions
$1,703,580
Gross receipts
$541,822
Employees
10
Volunteers
0
Year formed
2010
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Luther MercerPresident
Officer, Key employee
45$160,000
Victoria RobinsonBoard Member
Trustee or director
3$0
Caleb ParkBoard Member
Trustee or director
3$0
Andre GistBoard Member
Trustee or director
3$0
Gaylan FitzpatrickBoard Member
Trustee or director
3$0
Ben FoxBoard Chair
Trustee or director
3$0
Lara PayneBoard Member
Trustee or director
3$0
Deveney PerryEx Officio
Trustee or director
3$0
Ben SchulmanBoard Member
Trustee or director
3$0
Andre' WilkesTreasurer
Trustee or director
3$0
Pearl Eva WalkerBoard Member–$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
Luther MercerPresident
Officer, Key employee
45$160,000
Victoria RobinsonBoard Member
Trustee or director
3$0
Caleb ParkBoard Member
Trustee or director
3$0
Andre GistBoard Member
Trustee or director
3$0
Gaylan FitzpatrickBoard Member
Trustee or director
3$0
Ben FoxBoard Chair
Trustee or director
3$0
Lara PayneBoard Member
Trustee or director
3$0
Deveney PerryEx Officio
Trustee or director
3$0
Ben SchulmanBoard Member
Trustee or director
3$0
Andre' WilkesTreasurer
Trustee or director
3$0
Pearl Eva WalkerBoard Member–$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
Victoria YoungBoard Chair
Trustee or director
3$0
Caleb ParkBoard Vice Chair
Institutional trustee, Officer
3$0
Andre GistBoard Member
Trustee or director
3$0
Gaylan FitzpatrickBoard Member
Trustee or director
3$0
Luther MercerPresident
Officer, Key employee
45$0
Ben FoxBoard Member
Trustee or director
3$0
Lara PayneBoard Member
Trustee or director
3$0
Deveney PerryEx Officio
Trustee or director
3$0
Ben SchulmanBoard Member
Trustee or director
3$0
Andre' WilkesBoard Member
Trustee or director
3$0

Address and contacts

Address (IRS master file)
119 S COURT AVE STE 100, MEMPHIS, TN 38103-2227
In care of
% ERIC ROBERTSON
Principal officer (990 for 2024)
Luther Mercer, 1863 Madison Avenue, Memphis, TN 38104
Signed the 990
Luther Mercer, CEO
Phone
(901) 521-4232
Return prepared by
BANKS FINLEY WHITE & CO

Mission

Community LIFT Corporation (Community LIFT) is a non profit community development intermediary whose mission is to revitalize neighborhoods through strategic investment in the areas of human capacity-building and economic and community development.

990 for the year ended June 30, 2025

Program accomplishments

  • Community Lift works to fulfill its mission by facilitating funding and connections that grow Community Development Corporations (CDCs), empower residents, renew places, and builds support for greater Memphis neighborhoods. It does this by improving the capacity of the CDC industry, improving neighborhood quality of life, building better relationships, developing neighborhood action plans, and improving neighborhood economic vitality.
    Expenses $1,021,831 · grants $252,478 · revenue $541,822

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-3941355
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,285,845
Income (IRS master file)
$541,822

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$541,822$1,198,322$2,285,845IRS
990June 2024$754,626$1,147,278$3,160,649XML
990June 2023$2,445,286$988,653$3,203,316XML
990June 2022$1,022,035$2,497,471$1,661,171IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990June 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3941355).

Questions about COMMUNITY LIFT CORP

What is the EIN of COMMUNITY LIFT CORP?
The employer identification number (EIN) of COMMUNITY LIFT CORP is 27-3941355.
Is COMMUNITY LIFT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to COMMUNITY LIFT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY LIFT CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COMMUNITY LIFT CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY LIFT CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of COMMUNITY LIFT CORP?
The 990 for the year ended June 30, 2025 names Luther Mercer.
Who are the officers and directors of COMMUNITY LIFT CORP?
The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $160,000 (Luther Mercer, President).
How much revenue does COMMUNITY LIFT CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $541,822, expenses of $1,198,322 and total assets of $2,285,845 at year end.

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