Rent Reporter Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rent Reporter 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 12/2021, Rent Reporter Inc generated $1.9m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE SEEK TO EMPOWER MARGINALIZED AMERICANS THROUGH THE INNOVATIVE REPORTING OF FINANCIAL DATA TO MAINSTREAM FINANCIAL INSTITUTIONS. WE ALSO PROVIDE ZERO INTEREST RATE MICRO-LOANS TO INDIVIDUALS WHO NEED FINANCIAL ASSISTANCE MEETING MONTHLY RENTAL PAYMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ISSUE FORGIVABLE LOANS TO ORGANIZATION THAT USE FUNDS IN LINE WITH THE FOUNDATION'S MISSION STATEMENT.
PROVIDE ZERO INTEREST RATE MICRO-LOANS TO INDIVIDUALS WHO NEED FINANCIAL ASSISTANCE MEETING MONTHLY RENTAL PAYMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cara Kennedy Cuomo Director | Trustee | 2 | $0 |
Arielle Andrews Director | Trustee | 2 | $0 |
Samir Goel Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $8,762 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,937,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,945,762 |
Total Program Service Revenue | $0 |
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 | $1,945,762 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $511,002 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $19,202 |
Advertising and promotion | $779 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $5,330 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $27,900 |
Total functional expenses | $1,215,144 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $522,060 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $2,407,521 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,000 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,937,581 |
Accounts payable and accrued expenses | $470,910 |
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 | $1,210,323 |
Other liabilities | $248,093 |
Total liabilities | $1,929,326 |
Net assets without donor restrictions | -$197,818 |
Net assets with donor restrictions | $1,206,073 |
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 | $2,937,581 |
Over the last fiscal year, we have identified 1 grants that Rent Reporter Inc has recieved totaling $200,000.
Awarding Organization | Amount |
---|---|
Target Foundation Minneapolis, MN PURPOSE: RESPONSIVE | $200,000 |
Organization Name | Assets | Revenue |
---|---|---|
Anabaptist Financial Lewisburg, PA | $625,930,441 | $18,548,671 |
Tremont Credit Union Milton, MA | $244,401,139 | $9,907,662 |
One Credit Union Springfield, VT | $231,054,967 | $9,424,805 |
Connecticut Student Loan Foundtion Hartford, CT | $126,010,687 | $4,816,146 |
Friends Fiduciary Corporation Philadelphia, PA | $693,443,242 | $5,444,683 |
Provident Loan Society Of New York New York, NY | $16,413,058 | $4,285,682 |
The Diaper Bank Of Connecticut Inc North Haven, CT | $2,855,644 | $2,137,896 |
The Landmarks Financial Corporation Pittsburgh, PA | $163,255,408 | $14,945,748 |
Rent Reporter Inc New York, NY | $2,937,581 | $1,945,762 |
Neighborhood Housing Services Inc Pittsburgh, PA | $781,954 | $468,091 |
St Lawrence County Indust Develop Agency Local Develop Corporation Canton, NY | $15,837,974 | $736,257 |
Wistar Institute Ud Gen Fd 01626 00 Pittsburgh, PA | $11,726,420 | $671,349 |