Cooper Young Community Association
- Assets
- $222.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Memphis, TN
- Founding
- 06/1997
- Data as of
- 12/2023
- EIN
- 41-3203634
Organization Overview
Cooper Young Community Association is located in Memphis, TN. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Cooper Young Community Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooper Young Community Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Cooper Young Community Association generated $108.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $100.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CYCA IS A NEIGHBORHOOD ORGANIZATION THAT IS FOCUSED ON FOSTERING THE SAFETY, DEVELOPMENT, AND AESTHETICS OF THE COOPER-YOUNG NEIGHBORHOOD IN MEMPHIS, TN
Describe the Organization's Program Activity:
Part 3
LAMPLIGHTER COMMUNITY NEWSPAPER - THIS PUBLICATION IS DISTRIBUTED MONTHLY TO EACH RESIDENCE AND BUSINESS IN THE COOPER-YOUNG NEIGHBORHOOD FREE OF CHARGE. THE NEWSPAPER ADDRESSES TOPICS SUCH AS COMMUNITY NEWS, SAFETY, EDUCATION, COMMUNITY PROJECTS, FUND RAISERS, AND RESIDENT EDITORIALS. THE PUBLICATION ENGAGES EACH BUSINESS AND RESIDENT IN THE AREA WITH HELPFUL NEWS AND SAFETY INFORMATION. BOTH THE PAPER AND ITS COMPANION WEBSITE SERVE A VALUABLE PURPOSE IN DISSEMINATING NEWS AND AWARENESS OF ISSUES THROUGHOUT THE ASSOCIATION'S FOOTPRINT. RESIDENTS AND BUSINESS PARTNERS CAN SUBSCRIBE TO THE ONLINE VERSION OF LAMPLIGHTER BY EMAIL ALLOWING IMPORTANT NEWS TO BE SENT DIRECTLY.
BEAUTIFICATION - THE ASSOCIATION ORGANIZES, PROMOTES, AND FUNDS SEVERAL PROJECTS ON AN ANNUAL BASIS THAT ADDRESS THE COMMUNITY'S APPEARANCE. THE PROJECTS FOCUS ON GRAFFITI REMEDIATION, BLIGHT REDUCTION, AND ONGOING INITATIVES TO HELP THE RESIDENTS MAINTAIN THEIR PROPERTIES, INCLUDING A COMMUNITY-WIDE RECYCLING PROGRAM. THE ASSOCIATION FURTHERED ITS BEAUTIFICATION PROGRAM TO ADORN SEVERAL SECTIONS OF THE NEIGHBORHOOD WITH UNIQUE MURALS AND OTHER ART PROJECTS. THE PROGRAM ALLOWS LOCAL ARTISTS AND NEIGHBORHOOD RESIDENTS A CHANCE TO ADD A DISTINCTIVE LOCAL FLAIR TO THE COMMUNITY. THE ASSOCIATION GAVE A CASH GRANT TO LEGACY MEMPHIS FOR A JOHHNY CASH STATUE TO COMMEMORATE HIS FIRST PERFORMANCE AT A NEIGHBORHOOD CHURCH.
COOPER-YOUNG FESTIVAL - THE ASSOCIATION PARTICIPATES IN A WEEKEND LONG FESTIVAL THAT SHOWCASES THE UNIQUE NATURE OF THE NEIGHBORHOOD. THERE ARE EVENTS SUCH AS LIVE BANDS, CHILDREN'S ACTIVITIES, AND DEMONSTRATIONS BY NEIGHBORHOOD ARTISTS. AS LISTED IN PART III, THE ASSOCIATION'S INVOLVEMENT IN THE COOPER-YOUNG FESTIVAL HELPS CELEBRATE THE NEIGHBORHOOD AND PROVIDE LOCAL BUSINESS EXPOSURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olivia Wall President | 0 | $0 | |
Tyrina Browning Treasurer | 20 | $0 | |
Amanda Yarbro-Dill Executive Di | 40 | $46,750 | |
Rachel Shriver Vice Preside | 0 | $0 | |
Brian Fay Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,814 |
| Total Program Service Revenue | $9,375 |
| Membership dues | $7,731 |
| Investment income | $19,147 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $60,028 |
| Other Revenue | $0 |
| Total Revenue | $108,095 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,326 |
| Professional fees and other payments to independent contractors | $3,700 |
| Occupancy, rent, utilities, and maintenance | $7,747 |
| Printing, publications, postage, and shipping | $311 |
| Other expenses | $38,351 |
| Total expenses | $100,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,783 |
| Other assets | $0 |
| Total assets | $222,042 |
| Total liabilities | $522 |
| Net assets or fund balances | $221,520 |