Renaissance West Community Initiative

Organization Overview

Renaissance West Community Initiative is located in Charlotte, NC. The organization was established in 2010. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Renaissance West Community Initiative employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance West Community Initiative 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 West Community Initiative generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $2.8m 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 PROMOTE A COLLABORATIVE COMMUNITY CENTERED ON QUALITY HOUSING, EDUCATION, HEALTH, WELLNESS, & OPPORTUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WITH THE COMMITMENT OF BREAKING THE CYCLE OF INTERGENERATIONAL POVERTY BY IMPROVING ECONOMIC MOBILITY, RENAISSANCE WEST COMMUNITY INITIATIVE (RWCI) LEADS THE REVITALIZATION OF A COMMUNITY IN WEST CHARLOTTE (NC). AS A MEMBER OF THE PURPOSE BUILT COMMUNITIES NETWORK, OUR COMPREHENSIVE, PLACE-BASED APPROACH IS CENTERED ON COMMUNITY INVESTMENT STRATEGIES THAT EMPOWER THE NEIGHBORHOOD BY FOCUSING ON EDUCATIONAL ADVANCEMENT, HOUSING STABILITY, INCOME STABILITY AND HEALTH EQUITY. RWCI'S REVITALIZATION FRAMEWORK ENCOMPASSES MIXED-INCOME HOUSING, A CRADLE-TO-CAREER EDUCATION CONTINUUM AND SUPPORTIVE SERVICES FOR INDIVIDUALS AND FAMILIES. THE COMMUNITY IS COMPRISED OF 1,300 RESIDENTS (THE RENAISSANCE AND LITTLE ROCK APARTMENTS) AND INCLUDES 334 UNITS OF FAMILY AND SENIOR HOUSING. THE CAMPUS ALSO INCLUDES A HIGH-QUALITY CHILD DEVELOPMENT CENTER, A PRE-K THRU 8 PUBLIC SCHOOL WITH A STEAM FOCUS AND A COMMUNITY CENTER. LIFE NAVIGATION AND WRAPAROUND SUPPORTS INCLUDE CASE MANAGEMENT/CARE COORDINATION, EARLY CHILDHOOD INTERVENTIONS, ACADEMIC SUPPORT ADULT/SECONDARY EDUCATION, FINANCIAL AND DIGITAL LITERACY, JOB TRAINING, HOMEBUYER EDUCATION AND COMMUNITY WELLNESS .IN 2022, WE WERE ABLE TO SEE NEIGHBORS RECONNECT, OUR CAMPUS REBOUND, AND OUR PARTNERS AND FRIENDS SHOW UP IN FORCE. TOGETHER, WE HAVE SEEN THE BENEFITS OF A COMMUNITY QUARTERBACK LIKE RWCI IN BUILDING A RESILIENT, HEALTHY, AND FORWARD-THINKING COMMUNITY FOR ALL OF OUR NEIGHBORS. LIKE MANY ORGANIZATIONS, 2022 WAS THE FIRST FULL YEAR WHERE THE PANDEMIC BECAME LESS DISRUPTIVE, AND WHILE OUR PARTNERS REMAINED WITH US THROUGHOUT, WE WERE ABLE TO ESTABLISH OTHER ONSITE CONNECTIONS TO BUILD OUR IMPACT BACK TO PRE-PANDEMIC LEVELS. THANKS TO THIS EXPANDED SUPPORT AND AN AMAZING STAFF WHO WORKS TIRELESSLY IN OUR COMMUNITY, WE EXPERIENCED SIGNIFICANT PROGRESS AND NUMEROUS ACCOMPLISHMENTS FOR OUR COMMUNITY. AMONG THESE ARE INCREASED PARTICIPATION BY OUR NEIGHBORS, ADDITIONAL SUPPORTS AND SERVICES, A SUCCESSFUL HOMEBUYER PROGRAM, FINANCIAL INDEPENDENCE FOR HEADS OF HOUSEHOLD, A GROWING HOWARD LEVINE CHILD DEVELOPMENT CENTER, AND THE FIRST YEAR OF EXCEEDING GROWTH EXPECTATIONS FOR THE RENAISSANCE WEST STEAM ACADEMY.DESPITE OUR SUCCESS REEMERGING FROM THE PANDEMIC, OUR WORK AND OUR NEIGHBORS CONTINUE TO FACE CHALLENGES EACH DAY. THESE CHALLENGES INCLUDE INCREASED MENTAL HEALTH NEEDS, EVOLVING WORK DYNAMICS AND A VOLATILE ECONOMIC ENVIRONMENT. THESE NEW CHALLENGES ONLY REINFORCE THE CRITICAL NEED OF RWCI AS THE COMMUNITY QUARTERBACK. OUR HOLISTIC PLACE-BASED APPROACH AND OUR DESIRE TO NOT ONLY EXTEND OUR SERVICES TO MORE NEIGHBORS, CHILDREN AND STUDENTS BUT ALSO SUSTAIN ACCESS TO QUALITY PROGRAMS AND BEST PRACTICES PROVIDED BY OUR AGENCY PARTNERS.RWCI'S FISCAL STRENGTH AND GROWTH REMAINS AN IMPORTANT PIECE TO DRIVE OUR WORK. AND WITH CONTINUED SUPPORT FROM MAJORS FUNDERS AS WELL AS THE SUPPORT OF COUNTLESS FOUNDATIONS, INDIVIDUALS, AND COMPANIES WE FEEL SECURE IN OUR ABILITY TO CONTINUE THIS WORK INTO THE FUTURE.


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Board, Officers & Key Employees

Name (title)Compensation
Matt Hawkins
Board Chair
$0
Trent Legare
Vice Chair
$0
Clare Jansson
Secretary
$0
Renee Kosofsky
Treasurer
$0
William E Bill Currens
Immediate Past Chair
$0
Ann Blakeney Clark
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Miles-mcclellan Construction Co
Construction For The Hlcdc Preschool
$1,308,914
Ymca Of Greater Charlotte
Per Contract-operation Expenses For Pre-
$1,149,160
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$188,399
Membership dues$0
Fundraising events$186,559
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,903,758
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,278,716
Total Program Service Revenue$0
Investment income $6,054
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$4,621
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,280,149

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Jackson Foundation Inc
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Core Knowledge Foundation
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$8,990,502
Georgia Charter Schools Association Inc
Atlanta, GA
$5,123,135
Taf Covid Response Foundation
Parsons, TN
$3,048,870
Renaissance West Community Initiative
Charlotte, NC
$2,280,149
Tennessee School Boards Association
Nashville, TN
$2,770,276
South Carolina State University Real Estate Foundation Inc
Orangeburg, SC
$3,206,793
The Child And Family Network Centers Inc
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$3,160,462
South Carolina First Steps To School Readiness Board Of Trustees
Greenwood, SC
$2,579,778
South Carolina Universities Research And Education Foundation
Aiken, SC
$2,289,190
Henderson County Alliance For Education
Hendersonville, NC
$2,100,131
University Of Memphis Researchfoundation
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$2,093,460
Gpf Woodson Park Nmtc Inc
Atlanta, GA
$199,500
Parents For Educational Freedom In North Carolina Inc
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$1,521,206
Spartanburg Community College Foundation
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$802,893
Odyssey Inc
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$1,270,760
Clemson Architectural Foundation
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$1,156,950

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