JACOBS LADDER COMMUNITY DEVELOPMENT CORPORATION

EIN: 830391379 501(c)(3) Housing & Shelter

MEMPHIS, TN

Total Revenue
$146,012
Total Expenses
$169,817
Total Assets
$928,340
Net Assets
$548,795
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
TN
Principal Officer
WILLIAM MARLER
Phone
9013273771
Tax Period
2025-01-01 to 2025-12-31

JACOBS LADDER COMMUNITY DEVELOPMENT CORPORATION, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $146K in total revenue in fiscal year 2025. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $170K exceeded revenue, resulting in a 16% operating deficit.

Mission

WE HELP BUILD AND MAINTAIN STRONG SUSTAINABLE COMMUNITIES

Program Service Accomplishments

Program 1
Expenses: $1,654 Revenue: $0

Our community outreach programs: Jacob's Ladder is a four faceted ministry. We operate a children's center, support seniors through healthy meals, rebuild affordable housing, and practice an...

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Our community outreach programs: Jacob's Ladder is a four faceted ministry. We operate a children's center, support seniors through healthy meals, rebuild affordable housing, and practice an aggressive anti-blight crime remediation program.

Program 2
Expenses: $23,154 Revenue: $0

Our Community Education Programs: After school children's center provides a safe and fun sanctuary in a depressed and sometimes violent community. The center teaches music lessons, conducts summer...

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Our Community Education Programs: After school children's center provides a safe and fun sanctuary in a depressed and sometimes violent community. The center teaches music lessons, conducts summer camp, summer time lunches and work opportunities.

Program 3
Expenses: $122,530 Revenue: $0

Our Real Estate Enhancement Programs: Our Housing Renovation Team is rebuilding Belt Line infrastructure (34+ to date since 2005). Volunteers, neighborhood residents and contractors comprise a team...

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Our Real Estate Enhancement Programs: Our Housing Renovation Team is rebuilding Belt Line infrastructure (34+ to date since 2005). Volunteers, neighborhood residents and contractors comprise a team that promotes home ownership to qualified home buyers. Population affected: 2800. Our Real Estate Enhancement Team (neighborhood residents, volunteers and contractors) regularly maintain over 126 vacant lots, has demolished 60+ dilapidated structures. These efforts have reduced crime and improved the quality of life for the neighborhood.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $66,813
Program Service Revenue $50,422
Investment Income $0
Other Revenue $28,777
TOTAL REVENUE $146,012

Expense Breakdown

Grants Paid $256
Salaries & Benefits $54,953
Fundraising Expenses $3,205
Program Expenses $147,338
Other Expenses $114,608
TOTAL EXPENSES $169,817

Year-over-Year Comparison

2025 2024 Change
Revenue $146,012 $226,011 -0.4%
Expenses $169,817 $153,257 +0.1%
Net Income $-23,805 $72,754 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
110

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$20,400
Total Directors
4
$0
Key Employees
2
$57,855
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LANA MARLER BUSINESS MANAGER 30
Key Emp
$37,455 $0 $37,455
William Marler Exec Director/CEO 40
Officer Key Emp
$20,400 $0 $20,400
CARLTON RAY MEMBER 1
Director
$0 $0 $0
AL LYLES CHAIRMAN 20
Director
$0 $0 $0
SHIRLEY LYLES SECRETARY 20
Director
$0 $0 $0
PERRY HINKLE MEMBER 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $146,012 $169,817 $928,340 $-23,805
2024 $226,011 $153,257 $944,499 $72,754
2023 $129,034 $122,152 $892,509 $6,882
2022 $225,354 $119,947 $830,361 $105,407
2021 $176,604 $164,353 $528,307 $12,251
2019 $232,873 $215,087 $403,239 $17,786
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