Dundalk Renaissance Corporation

Organization Overview

Dundalk Renaissance Corporation is located in Baltimore, MD. The organization was established in 2001. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Dundalk Renaissance Corporation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dundalk Renaissance Corporation 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, Dundalk Renaissance Corporation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Dundalk Renaissance Corporation has awarded 21 individual grants totaling $682,351. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO REVITALIZE THE GREATER DUNDALK AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING INITIATIVETHE DRC SPURS INVESTMENTS BY CURRENT HOMEOWNERS THROUGH A RENOVATION LOAN PROGRAM, CURB APPEAL FACADE GRANTS, AND AN ENERGY RETROFIT GRANT PROGRAM. THE DRC RENOVATES HOUSES FOR SALE TO NEW HOMEOWNERS AND PARTNERS WITH SMALL DEVELOPERS TO INCENTIVIZE THEM TO RENOVATE MORE HOMES FOR HOMEOWNERSHIP, BOOSTING THE SUPPLY OF RENOVATIONS BUYERS WANT, BOOSTING APPRAISED VALUES BY ENABLING RENOVATIONS TO SERVE AS COMPARABLE FOR EACH OTHER, AND BOOSTING HOME VALES.


MAIN STREET AND COMMUNITY ENGAGEMENTTHE DRC ENGAGES LOCAL LEADERS TO WORK TOGETHER TO IMPROVE THEIR STREETS AND NEIGHBORHOODS AND TO IDENTIFY NEEDS FOR NEW PROGRAMS. DRC'S MAIN STREET IMPROVEMENT ACTIVITIES INCLUDE A COMMERICAL IMPROVEMENT GRANT PROGRAM, BUSINESS INCUBATION ACTIVITIES INCLUDING POP-UP SHOPS AND MENTORING, AND HOSTING AND/OR PROMOTING COMMUNITY BUILDING EVENTS INCLUDING FAMILY FALL FESTIVAL, HOLIDAY HOOPLA, AND THE MAKERS MARKET THAT BRING PEOPLE TO THE MAIN STREET TO SHOP AND RECONNECT WITH ONE ANOTHER.


MARKETING DUNDALKTHE DRC WORKS TO ATTRACT DUNDALK'S NEXT GENERATION THROUGH A SERIES OF EVENTS THAT SHOW OFF THE COMMUNITY'S 24 UNIQUE NEIGHBORHOODS AND THEIR VARIETY OF HOUSING TYPES AND PRICE POINTS. HOME PURCHASE INCENTIVE GRANTS ATTRACT BUYER'S ATTENTION, AND OUR WIDE RANGE OF PARTNERS INCLUDING LENDERS, REAL ESTATE PROFESSIONALS AND HOUSING COUNSELING AGENCIES ASSIST AN ECONOMICALLY, RACIALLY, AND ETHNICALLY DIVERSE GROUP OF HOME BUYERS IN CHOOSING DUNDALK. WE HAVE NOW ASSISTED OVER 100 MIDDLE-INCOME HOUSEHOLDS WITH GRANTS TO HELP THEM BUY INTO DUNDALK,


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Quintero-Hall
Director
$0
H Edward Parker
Emeritus Director (non-Vot
$0
Dan Dawes
President
$0
Dawn Dishon-Feuer
Treasurer
$0
Corey D Edwards
Vice President
$0
Laticia Braxton
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,102,113
All other contributions, gifts, grants, and similar amounts not included above$255,754
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,357,867
Total Program Service Revenue$4
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,357,871

Grants Awarded

Over the last fiscal year, Dundalk Renaissance Corporation has awarded $224,851 in support to 13 organizations.

Grant RecipientAmount

DUDE'S SNACK ATTACK

PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT

$25,000

EARTH TOUCH HEALING ARTS

PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT

$12,900

KIRKLAND INSURANCE AGENCY

PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT

$10,574

LAWRENCE AVARA INDUSTRY

PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT

$25,000

LITTLE CRYSTAL BIJOUX

PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT

$14,060

NATURE'S IMAGE

PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT

$15,532
View Grant Profile

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