MEMPHIS AREA CHAMBER OF COMMERCE Charity Report

Public IRS 990 nonprofit record

MEMPHIS AREA CHAMBER OF COMMERCE

EIN 62-0291250 · Professional Athletic Leagues (N80)

What they do

to SERVE OUR MEMBERS and PARTNERS BY IMPROVING THE QUALITY of LIFE THROUGH REGIONAL ECONOMIC PROSPERITY.

Before you give

Should I give to this charity?

Easy charity check

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Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders53 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$97.48spent for every $100 of revenueRevenue covered expenses this year.

$0.69in assets for every $1 spent this yearSome assets cannot be spent right away.

88.2%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
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Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $721,613 for JAMES TOWNSEND III (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$10,808,798

Expenses$10,535,908

Annual surplus $272,890 Revenue was higher than expenses for this filing year.

See all reported dollar amounts

Revenue$10,808,798

Expenses$10,535,908

Assets$7,274,331

Income$10,808,798

Contributions$9,532,787

Stocks and bonds$1,334,197

Accounting fees$42,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JAMES TOWNSEND IIIPRESIDENT AND CEO · 40 hrs/week $721,613Base $671,801 · Other $49,812

NANCY COFFEESR. VP OF CHAIRMAN CIRCLE · 40 hrs/week $573,153Base $515,422 · Other $57,731

TROY PARKESDIRECTOR OF BUSINESS DEVEL · 40 hrs/week $493,322Base $436,312 · Other $57,010

TED FERRISSR. VP AND CAO · 40 hrs/week $342,354Base $295,127 · Other $47,227

AMANDA DANIELSSR. VP COMMUNICATION & PRO · 40 hrs/week $330,200Base $301,338 · Other $28,862

BOBBY WHITECHIEF PUBLIC POLICY · 40 hrs/week $329,158Base $281,709 · Other $47,449

GWYN FISHERECONOMIC DEVDELOPMENT CHIE · 40 hrs/week $267,548Base $236,925 · Other $30,623

AMITY SCHUYLERSVP WORKFORCE DEVELOPMENT · 40 hrs/week $253,621Base $223,771 · Other $29,850

DEQUANDA SMITHSPONSORSHIP SALES · 40 hrs/week $214,153Base $177,693 · Other $36,460

SONDRA Y WILLIS-HOWELLVP TALENT DEVELOPMENT · 40 hrs/week $190,048Base $159,912 · Other $30,136

TECORA MURRAYEXECUTIVE DIRECTOR OF GMER · 40 hrs/week $185,242Base $151,446 · Other $33,796

ROBERT RECKERPRESIDENT OF CBI · 40 hrs/week $182,725Base $152,524 · Other $30,201

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (53)

JAMES TOWNSEND IIIPRESIDENT AND CEO

NANCY COFFEESR. VP OF CHAIRMAN CIRCLE

TROY PARKESDIRECTOR OF BUSINESS DEVEL

TED FERRISSR. VP AND CAO

AMANDA DANIELSSR. VP COMMUNICATION & PRO

BOBBY WHITECHIEF PUBLIC POLICY

GWYN FISHERECONOMIC DEVDELOPMENT CHIE

AMITY SCHUYLERSVP WORKFORCE DEVELOPMENT

DEQUANDA SMITHSPONSORSHIP SALES

SONDRA Y WILLIS-HOWELLVP TALENT DEVELOPMENT

TECORA MURRAYEXECUTIVE DIRECTOR OF GMER

ROBERT RECKERPRESIDENT OF CBI

CHRISTOPHER STEWARTVP OF FINANCE

SUSAN MAYNORVP OF ECONOMIC DEVELOPMENT

BLAKE PAYNEMEMBERSHIP- SALES

AMBER COVINGTONDIRECTOR OF WORKFORCE DEVELOPMENT

LISA LOVELL-AYRESDIRECTOR OF CC ENGAGEMENT

DIAMOND YOUNGDIRECTOR OF MARKETING

STACY MCCALLDIRECTOR

SPENCE WILSON JRDIRECTOR

RUSSELL NENONFINANCE CHAIR & TREASURER

TAMMY LOCASCIODIRECTOR

TERRY BLUEDIRECTOR

TOM NEWBERNDIRECTOR

RICHARD SMITHDIRECTOR

NEELY MALLORY IIIDIRECTOR

TYRONE BURROUGHSDIRECTOR

MICHAEL UGWUEKEDIRECTOR

MICHAEL SCARBROUGHDIRECTOR

MICHAEL CRISTALDIRECTOR

WILLIE GREGORYDIRECTOR

DUNCAN WILLIAMSVICE CHAIRMAN

BEN ADAMSDIRECTOR

BILL DUNAVANT IIIDIRECTOR

BLAIR TAYLORDIRECTOR

CHUCK THOMASDIRECTOR

CRAIG GAFFINDIRECTOR

DAPHNE LARGEDIRECTOR

DAVID MAYDIRECTOR

DAVID WADDELLDIRECTOR

DOUG BROWNEIMMEDIATE PAST CHAIR

DOUG MCGOWENDIRECTOR

KEVIN KANEDIRECTOR

ERIC BROWNDIRECTOR

GREG DUCKETTCHAIRMAN

IMAD ABDULLAHDIRECTOR

JASON GILLUMDIRECTOR

JASON LITTLEDIRECTOR

JASON YARBROSECRETARY AND GENERAL COUNCIL

JESSICA TAVEAUDIRECTOR

JOHN WEBBDIRECTOR

JOZELLE BOOKERDIRECTOR

KERA WRIGHTDIRECTOR

About this charity

Recognized since: January 1944
Location: PO BOX 224, MEMPHIS, TN 38101-0224
County: Shelby
In care of: % MEMP
Primary officer: TED FERRIS, SENIOR VP AND CAO

How to reach them

WebsiteVisit the charity’s website Phone(901) 543-3535

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: WATKINS UIBERALL PLLC
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues