Renaissance Community Loan Fund Inc

Organization Overview

Renaissance Community Loan Fund Inc is located in Gulfport, MS. The organization was established in 2007. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2023, Renaissance Community Loan Fund Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance Community Loan Fund Inc 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 12/2022, Renaissance Community Loan Fund Inc generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $3.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT THROUGH TECHNICAL AND FINANCIAL ASSISTANCE TO FACILITATE THE DEVELOPMENT OF COMMUNITIES WHICH PROVIDE SAFE, QUALITY HOUSING FOR THE WORKFORCE AND SPECIAL NEED RESIDENTS OF THE MISSISSIPPI GULF COAST AND ECONOMIC OPPORTUNITIES THAT WILL ADD/RETAIN JOBS IN THE COMMUNITY OR THAT CREATE ENTREPRENEURIAL OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LENDING PROGRAM WERE ESTABLISHED AS A PERPETUAL FUND THAT CAN, IN TURN, CREATE A SELF-SUSTAINING FUND TO ASSIST THOUSANDS OF RESIDENTS AND POTENTIAL RESIDENTS FOR YERAS TO COME. THIS IS ACCOMPLISHED THROUGH ITS CURRENT LENDING PROGRAMS INCLUDING: MYHOME MYCOAST; THE DREAM FUND; NEW MARKET TAX CREDITS; MS GULF COAST DEVELOPMENT FUND AND SMALL BUSINESS AND COMMERCIAL LENDING


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Dorothy Shaw
Chairman
$0
Dave Dennis
Secretary
$0
David Nichols
Vice Chairman
$0
Karen Sock
Director
$0
Laura Hasty
Treasurer
$0
Michelle Whetten
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $255,136
All other contributions, gifts, grants, and similar amounts not included above$386,536
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$386,536
Total Program Service Revenue$918,045
Investment income $1,890,232
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,452,567
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,648,710

Peer Organizations

Organization NameAssets
National Emergency Assistance Inc
Knoxville, TN
$15,450,048
Blue Cross And Blue Shield Of Louisiana Foundation
Baton Rouge, LA
$1,357,533
Resilience Force
New Orleans, LA
$3,867,156
Renaissance Community Loan Fund Inc
Gulfport, MS
$6,648,710
Center For Planning Excellence Inc
Baton Rouge, LA
$2,391,688
People For Care & Learning
Mobile, AL
$1,265,180
Plaquemines Community Care Centers Foundation Inc
Belle Chasse, LA
$1,561,088
Pro Bono Publico Foundation
New Orleans, LA
$1,312,068
Prodisee Pantry Inc
Daphne, AL
$1,525,678
Houston County Ems Association
Ashford, AL
$1,323,135
Coastal Alabama Partnership
Mobile, AL
$801,910
Cracker Barrel Cares Inc
Lebanon, TN
$605,317
Rebuilding Together Baton Rouge Inc
Baton Rouge, LA
$776,251
United Cajun Navy
Baton Rouge, LA
$574,409
Hope Restored
Franklin, TN
$607,349
Associated General Contractors
Germantown, TN
$517,447
Central United States Earthquake Consortium
Memphis, TN
$485,331
R3sm Inc
Hattiesburg, MS
$533,630
Christian Emergency Relief Teams International Inc
Crossville, TN
$498,180
Personal Solutions Inc
Shreveport, LA
$477,115
Hatching Hope
Alabaster, AL
$505,152
Lower Ninth Ward Center For Sustainable Engagement And Develop
New Orleans, LA
$461,933
Morganza Action Coalition
Houma, LA
$340,527
Lowernine Org
New Orleans, LA
$773,836
Cajun Navy Relief Inc
New Orleans, LA
$1,256,060

Create an account to unlock the data you need.

or