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Tennessee · Nonprofit

UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION

UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION (Tennessee) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS ($5,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$62k
Funders on record
1
Grants received
$5k
Net assets
$1k
0/1 repeat fundersgrants exceed reported revenue in one year
01What it does

What University Neighborhoods Development Corporation does

Mission

The University Neighborhoods Development Corporation seeks to build a thriving campus and community environment by improving the physical and economic infrastructure of the neighborhoods surrounding the university of memphis and by encouraging and strengthening partnerships among university district stakeholders.

As stated on its FY2024 Form 990.

Programs

  1. The undc partnered with architects and the city of memphis to create a tax increment finance (tif) district around the university of memphis area. The project would promote student walkability, engage students in community life, and retain talent in memphis. In addition, the project would attract new business to the area and increase property values.

    $128,480 spent$18,204 earned by the program
    100% of program spending
  2. The undc parntered with hospitality hub to expand the work local program. The program is designed to improve the community through job access and blight reduction. Workers are provided with a day's wages, a meal, and additional services & counseling as needed.

  3. The undc provides grants to memphis area organizations that support a similar mission to build a thriving campus and community environment, free of litter and blight.

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $128,480.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3k) Expenses 100 ($5k) Net assets 100 ($42k)2018 Revenue 987 ($31k) Expenses 830 ($41k) Net assets 77 ($33k)2019 Revenue 12865 ($408k) Expenses 8118 ($399k) Net assets 97 ($41k)2020 Revenue 3409 ($108k) Expenses 2451 ($121k) Net assets 67 ($28k)2021 Revenue 16638 ($527k) Expenses 10803 ($531k) Net assets 57 ($24k)2022 Revenue 2370 ($75k) Expenses 1286 ($63k) Net assets 85 ($36k)2023 Revenue 4311 ($137k) Expenses 2614 ($129k) Net assets 104 ($44k)2024 Revenue 1971 ($62k) Expenses 2129 ($105k) Net assets 4 ($1k)
'17'18'19'20'21'22'23'24
Revenue (1971)Expenses (2129)Net assets (4)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $44k to $1k (−97%).

$42k
$33k
$41k
$28k
$24k
$36k
$44k
$1k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 95% · 2020 100% · 2021 92% · 2022 100% · 2023 82% · 2024 98%. Grants only. Government contracts and fees sit inside program revenue.

100% of UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$2k
’17
−$10k
’18
$8k
’19
−$13k
’20
−$4k
’21
$12k
’22
$8k
’23
−$42k
’24
0.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Cody Fletcher

Executive director

As listed on its FY2024 Form 990.

201920202021202220232024
Listed161715151614
Joined·+1+0+3+2+1
No longer listed·02313
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'17
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $5k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION has grown faster than three-quarters of the 9,376 community improvement nonprofits its size.

Operating margin−68% · bottom quartile
Months of reserve0.2mo · bottom quartile
Revenue growth (annualized)53% · top quartile

this organization peer median middle 50% of peers· 9,376 community improvement nonprofits under $100k, FY2024

Organizations like UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

13
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION?
UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION (Tennessee) receives grants from 1 organization whose IRS filings report $5,000 to it, the largest being CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS ($5,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $5,000 in grants to UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION.
Who is the largest funder of UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION?
CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
How can an organization like UNIVERSITY NEIGHBORHOODS DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds University Neighborhoods Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing