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Filing year 2024

GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER

Cordova, Tennessee·EIN 31-1685087·NTEE P20 · Human Services·501(c)(3)
Total revenue
$993k
Total assets
$320k
Total expenses
$981k
Reported officers
7
Mission

TO IMPACT THE CITY OF MEMPHIS (AND OTHER URBAN AREAS) WITH EFFECTIVE COMMUNITY SERVICE AND TO PROVIDE RELIEF AND EDUCATION TO THE POOR, DISTRESSED, AND UNDERPRIVILEGED.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations in Tennessee.

President
Median to 75th percentile
$89k
$95k

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 6 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER equaled 9% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
9%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 12%
from 2023

From $80k in 2023 to $89k in 2024.

$80k
2023
$89k
2024
In today's dollarsEst.
Up 9% in real terms$87k to $95k

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 12% from 2023 to 2024, while revenue fell 13%.

$80k in 2023 to $89k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 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 GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER

What does the Chief Executive Officer of GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER earn?

In 2024, the Chief Executive Officer of GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER received $89,307 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in Tennessee, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER compare with similar nonprofits?

Compared with the same role at Human Services organizations in Tennessee, the 2024 pay of the Chief Executive Officer at GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER falls between the median and the 75th percentile. In 2024, the highest total compensation at GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER equaled 9% of the organization's total expenses. The median for human services organizations is 8%.

What are GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER's revenue and expenses?

In 2024, GENEROUS LIFE FOUNDATION D/B/A MEMPHIS DREAM CENTER reported $993k in total revenue and $981k in total expenses on its IRS Form 990.

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