Downtown Renaissance Inc
- Assets
- $201.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rocky Mount, NC
- Founding
- 04/1986
- Data as of
- 06/2020
- EIN
- 56-1484798
Organization Overview
Downtown Renaissance Inc is located in Rocky Mount, NC. The organization was established in 1986. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Renaissance 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 06/2020, Downtown Renaissance Inc generated $987.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (73.4%) each year. All expenses for the organization totaled $7.5k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
MAINTAINED PROPERTIES IN DOWNTOWN ROCKY MOUNT FOR REDEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John B Kincheloe Director | 1 | $0 | |
Curtis H Andrews Jr Director | 1 | $0 | |
Keith Ballentine Director | 1 | $0 | |
Rochelle Small-Toney Director | 1 | $0 | |
Thomas A Betts Jr Director | 1 | $0 | |
Sandy Roberson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $921 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $987 |
| Statement of Expenses | |
|---|---|
| Total expenses | $7,489 |
| Balance Sheet | |
|---|---|
| Total assets | $201,474 |
| Total liabilities | $0 |
| Net assets or fund balances | $201,474 |