Urban Renewal Center
- Assets
- $607.5k
- Revenue
- $548.4k
- Investments
- $0.0
- Employees
- 13
- Location
- Norfolk, VA
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 82-2610132
Organization Overview
Urban Renewal Center is located in Norfolk, VA. The organization was established in 2017. 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. As of 12/2023, Urban Renewal Center employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urban Renewal Center 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 12/2023, Urban Renewal Center generated $548.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 40.5% each year . All expenses for the organization totaled $522.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO AWAKEN TRANSFORMATION OF PERSONAL HEALTH AND SPIRITUAL WHOLENESS, RELENTLESS PURSUIT OF SOCIAL JUSTICE AND RACIAL AND ETHNIC RECONCILIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Antipas Harris President | OfficerTrustee | 45 | $70,655 |
Beth Bryant Secretary | Trustee | 2 | $0 |
B Courtney Mcbath Director | Trustee | 2 | $0 |
Tazewell Taylor Treasurer | OfficerTrustee | 2 | $0 |
Eric Thompson Director | Trustee | 2 | $0 |
Jim Wood Chairman | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $71,912 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $369,086 |
| Noncash contributions included in lines 1a–1f | $180 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $478,998 |
| Total Program Service Revenue | $65,410 |
| Investment income | $1,373 |
| 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 | $2,605 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $548,386 |
| 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. | $78,288 |
| Compensation of current officers, directors, key employees. | $20,943 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $192,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,223 |
| Payroll taxes | $26,210 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,691 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,402 |
| Advertising and promotion | $6,564 |
| Office expenses | $21,705 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,953 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,121 |
| Insurance | $9,724 |
| All other expenses | $6,786 |
| Total functional expenses | $522,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,005 |
| Savings and temporary cash investments | $11,373 |
| Pledges and grants receivable | $98,210 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,183 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,643 |
| Investments—publicly traded securities | $40,058 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $607,472 |
| Accounts payable and accrued expenses | $43,257 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $43,257 |
| Net assets without donor restrictions | $276,788 |
| Net assets with donor restrictions | $287,427 |
| 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 | $607,472 |