Hifi Memphis Community Development Corporation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HIFI MEMPHIS, A COMMUNITY DEVELOPMENT ORGANIZATION, EXISTS TO HOLISTICALLY STRENGTHEN AND ACTIVATE MEMPHIS' DOWNTOWN CORE, SPECIFICALLY IN THE HIFI DISTRICT ALONG THE HISTORIC STEREO ALLEY AND MADISON AVENUE CORRIDORS. IN ADDITION TO DISTRICT MARKETING, EVENTS, ART CURATION AND MAINTENANCE, HIFI MEMPHIS DEVELOPS AND ADMINISTERS HOUSING INFRASTRUCTURE, INCLUDING AFFORDABLE AND WORKFORCE HOUSING PROGRAMS. IT ALSO LEVERAGES DISTRICT MOMENTUM TO STRENGTHEN MID-SOUTH FOOD SYSTEM SECURITY BY POWERING A COMMUNITY-DRIVEN PUBLIC MARKET AND FOOD ENTREPRENEURSHIP PROGRAM IN THE HIFI DISTRICT. THROUGH THESE HOUSING, PUBLIC SPACE, AND FOOD SYSTEM SERVICES, HIFI MEMPHIS AIMS TO REACTIVATE AN ARCHITECTURALLY AND HISTORICALLY RICH DISTRICT WITH NEW SOCIAL FABRIC. BY CENTERING THE HIFI DISTRICT ON COMMUNITY VOICES, WE CAN DEMONSTRATE INCLUSIVE URBAN REVITALIZATION WITH CITY-WIDE IMPACTS.
- Income
- $6,000
- Spending
- $6,000
- Reserves
- 0 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- THE CORE ACTIVITIES OF HIFI MEMPHIS INCLUDE THE DEVELOPMENT - AND EVENTUAL MANAGEMENT - OF A PUBLIC MARKET THAT WILL INCREASE ACCESS TO HEALTHY LOCAL FOODS, CREATE PATHWAYS FOR ENTREPRENEURSHIP AMONGST UNDERSERVED GROUPS, AND GENERATE A VIBRANT PUBLIC SPACE FOR DOWNTOWN CIVIC ENGAGEMENT. THIS WILL BE ACCOMPLISHED THROUGH DAILY MARKET OPERATIONS, FOOD ACCESS PROGRAMMING, A FOOD ENTREPRENEURSHIP INCUBATOR, AND COMMUNITY EVENT CURATION AT THE MARKET.
- HIFI MEMPHIS IS STRIVING FOR THE PURSUIT OF HEALTHY AFFORDABLE HOUSING IN THE HIFI DISTRICT THROUGH THE STUDY OF AFFORDABLE HOUSING FEASIBILITY AND ADVANCEMENT OF NEW AFFORDABLE HOUSING DEVELOPMENT.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Worth knowing.
Recognized by the IRS in January 2026. It is too new to have a track record.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.