Frayser Community Development Corporation, based in Memphis, Tennessee, is dedicated to acquiring and rehabilitating affordable housing for income-eligible individuals in the Frayser community, an area facing challenges such as high unemployment, deteriorating housing, crime, and poverty. With an operating budget of $1.7 million and total revenue of $1.1 million for the 2024 filing year, the organization relies on multiple funding sources, none of which constitute 50% or more of its revenue. More information can be found on their website at www.fraysercdc.org.