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Filing year 2024

CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC

Memphis, Tennessee·EIN 47-2073263·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.5M
Total assets
$12.1M
Total expenses
$1.5M
Reported officers
11
Mission

TO ASSIST IN THE REVITALIZATION AND ECONOMIC DEVELOPMENT OF THE CROSSTOWN NEIGHBORHOOD IN MEMPHIS, TENNESSEE, BY ASSISTING IN AND FACILITATING THE MANAGEMENT, PRESERVATION AND REDEVELOPMENT OF THE CROSSTOWN PROJECT, NOW KNOWN AS CROSSTOWN CONCOURSE. THE FOREGOING SHALL INCLUDE, WITHOUT LIMITATION, ACTING AS A MANAGER AND/OR MEMBER OF BUILDING OWNER.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Tennessee.

President & CEO
Above 90th percentile
$368k
$391k
Base
$245k
Bonus
$99k
Other
Benefits
$17k
Chief Operating Officer
75th to 90th percentilevs Community Improvement & Capacity Building peers nationwide
$244k
$259k
Base
$200k
Bonus
$30k
Other
Benefits
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
24%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 39%
over 2 years

From $265k in 2022 to $368k in 2024.

$265k
2022
$314k
2023
$368k
2024
In today's dollarsEst.
Up 29% in real terms$302k to $391k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 39% from 2022 to 2024, while revenue fell 97%.

$265k in 2022 to $368k in 2024.
  • Chief Operating Officer pay fell 22% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC

What does the Chief Executive Officer of CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC earn?

In 2024, the Chief Executive Officer of CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC received $368,372 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Tennessee: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Tennessee, the 2024 pay of the Chief Executive Officer at CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC falls in the top 10%. In 2024, the highest total compensation at CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC's revenue and expenses?

In 2024, CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC reported $1.5M in total revenue and $1.5M in total expenses on its IRS Form 990.

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