National Community Renaissance Of California is located in Rancho Cucamonga, CA. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, National Community Renaissance Of California employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Community Renaissance Of California 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 12/2021, National Community Renaissance Of California generated $51.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $39.9m during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING AFFORDABLE RENTAL HOUSING THAT EMPOWERS LOW-INCOME RESIDENTS AND CHANGES COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVING THE QUALITY OF LIFE FOR LOW-INCOME FAMILIES BY STABILIZING AND REVITALIZING NEIGHBORHOODS VIA ACQUISITION, RENOVATION, AND MANAGEMENT OF AFFORDABLE HOUSING DEVELOPMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Pontell Ceo/president | Officer | 33 | $516,054 |
Dan Lorraine Sr. VP Property Management | Officer | 40 | $290,000 |
Christopher Killian Sr. VP Of Construction | Officer | 40 | $265,000 |
Alexa Washburn Sr. VP Planning & Acquisit | Officer | 40 | $240,000 |
John Seymour III VP Of Acquisitions | Officer | 40 | $239,563 |
Michael Ruane Executive VP | Officer | 30 | $232,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $875,554 |
All other contributions, gifts, grants, and similar amounts not included above | $110,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $985,554 |
Total Program Service Revenue | $45,232,517 |
Investment income | $2,683,171 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,056,432 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $51,023,842 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,316,338 |
Compensation of current officers, directors, key employees. | $3,316,338 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $11,444,667 |
Pension plan accruals and contributions | $477,456 |
Other employee benefits | $2,155,140 |
Payroll taxes | $1,236,876 |
Fees for services: Management | $996,752 |
Fees for services: Legal | $678,754 |
Fees for services: Accounting | $475,001 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $67,782 |
Office expenses | $3,815,321 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,094,011 |
Travel | $197,800 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,164,982 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,279,774 |
Insurance | $643,056 |
All other expenses | $1,979,619 |
Total functional expenses | $39,922,838 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $12,490,924 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,444,151 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $920,622 |
Net Land, buildings, and equipment | $78,424,553 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $96,337,699 |
Total assets | $192,617,949 |
Accounts payable and accrued expenses | $4,962,147 |
Grants payable | $0 |
Deferred revenue | $211,960 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $69,690,255 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $21,588,310 |
Total liabilities | $96,452,672 |
Net assets without donor restrictions | $62,253,743 |
Net assets with donor restrictions | $33,911,534 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $192,617,949 |
Over the last fiscal year, we have identified 1 grants that National Community Renaissance Of California has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Elwyn California San Jose, CA | $38,347,314 | $73,477,787 |
City Of Scottsdale Municipal Property Corp Scottsdale, AZ | $479,997,584 | $48,828,086 |
Habitat For Humanity International Inc Oakland, CA | $41,053,789 | $44,589,163 |
National Community Renaissance Of California Rancho Cucamonga, CA | $192,617,949 | $51,023,842 |
Bridge Housing Corporation San Francisco, CA | $222,728,888 | $38,426,338 |
Baywood Apartments Inc Hayward, CA | $6,801,146 | $110,627 |
Eden Development Inc Hayward, CA | $30,040,019 | $4,613,123 |
Habitat For Humanity International Inc Bellflower, CA | $37,732,130 | $31,053,929 |
Reach Community Development Inc Portland, OR | $100,210,196 | $29,644,026 |
Millennium Housing Corporation Costa Mesa, CA | $189,019,442 | $31,052,319 |
Chinatown Community Development Center Inc San Francisco, CA | $109,257,292 | $38,436,421 |
Self Help Enterprises Visalia, CA | $105,976,522 | $29,798,676 |