Cause IQ organization profile

Renaissance Community Loan Fund

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Renaissance Community Loan Fund is a urban development organization based in Gulfport, MS that was founded in 2007. As of 2019 they had $4.7 million in revenue and $37 million in assets.

To provide support through technical and financial assistance to facilitate the development of communities which provide safe, quality housing for the workforce and special need residents of the Mississippi gulf coast and economic opportunities that w...

Previous legal names or variations of their name include: Gulf Coast Renaissance Corporation.

EIN:
20-8181931
City:
State:
Website:
Founded:
2007
Type:
501(c)(3)
NTEE:
Revenue:
$4,776,386
Assets:
$37,127,817
Employees:
23
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Renaissance Community Loan Fund

The renaissance builder & developer guild fosters the redevelopment of communities as environmentally, economically and socially sustainable through responsible land use practices, with a particular focus on mixed-use and mixed-income communities. The corporation also offers homebuyer assistance programs with housing and dream assistance grants. These grants are forgiven after five to ten years.

The lending program were established as a perpetual fund that can, in turn, create a self-sustaining fund to assist thousands of residents and potential residents for yeras to come. This is accomplished through its current lending programs including: myhome mycoast; the dream fund; new market tax credits; ms gulf coast development fund and small business and commercial lending

Form 990s for Renaissance Community Loan Fund

Fiscal year endingDate received by IRSFormPDF link
2018-12Oct 11, 2019990View PDF
2017-12Oct 24, 2018990View PDF
2016-12Aug 29, 2017990View PDF
2015-12Dec 8, 2016990View PDF
2014-12Jan 15, 2016990View PDF
...and five more Form 990 PDFs

Financials for Renaissance Community Loan Fund

Field2018
Total grants, contributions, etc.$1,976,238
Program services$859,597
Investment income and dividends$1,324,621
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$154,433
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$461,497
Total revenues$4,776,386

Vendors for Renaissance Community Loan Fund

VendorServicesAmount paidDate
Constant ContactMarketing software2019-08-27
██████Fundraising software2019-08-27
███████ ███ ████Fundraising software; Payment processing2019-08-27
█████ ████████ ██████ ███ ███████Tax accounting; Audit accounting2019-06-28
██████ ████ █████ ███ ████Tax accounting2018-10-24
█ ██2017-08-29

Personnel at Renaissance Community Loan Fund

NameTitleCompensationMost recent data
Kimberly LarosaPresident and Chief Executive Officer$220,603Oct. 11, 2019
Chuck WallChief Financial Officer-July 2, 2019
█ ██████ ██████Secretary$0Dec. 31, 2018
█████ █████Treasurer$0Dec. 31, 2018
█████ ███████Secretary$0Dec. 31, 2018
███████ ██████ ████Chairman$0Dec. 31, 2018
████ ███████Secretary-Dec. 31, 2017
████ ██████Vice Chairman$0Dec. 31, 2017
████ ████Past Treasurer$0Dec. 31, 2016
...and one more key personnel

Peer urban development organizations

 NameTypeRevenueLocation
1Hope Enterprise Corporation501(c)(3)$16 millionJackson, MS
2Seattle Economic Development Fund Business Impact NW501(c)(3)$1.8 millionSeattle, WA
3New Mexico Community Development Loan Fund501(c)(3)$1.3 millionAlbuquerque, NM
4Northern Community Investment CORPORATION (NCIC)501(c)(3)$1.6 millionSt Johnsbury, VT
5Four Bands Community Fund501(c)(3)$3.6 millionEagle Butte, SD
6Northern Maine Development Commission (NMDC)501(c)(3)$3.0 millionCaribou, ME
7Bridgeway Capital501(c)(3)$9.6 millionPittsburgh, PA
8Massachusetts Housing Investment Corporation (MHIC)501(c)(3)$11 millionBoston, MA
9Tunisian American Enterprise Fund (TAEF)501(c)(3)$7.5 millionWashington, DC
10Middle East Investment Initiative (MEII)501(c)(3)$3.4 millionWashington, DC
11The Community Economic Development Fund Foundation501(c)(3)$1.7 millionMeriden, CT
12Hartford Economic Development Corporation (HEDCO)501(c)(3)$3.2 millionHartford, CT
13New Orleans Bio Innovation Center501(c)(3)$1.6 millionNew Orleans, LA
14Mountain Bizworks501(c)(3)$3.1 millionAsheville, NC
15Access To Capital for Entrepreneurs501(c)(3)$4.6 millionCleveland, GA
16Grow America Fund (GAF)501(c)(3)$5.7 millionNew York, NY
17Grameen America501(c)(3)$23 millionNew York, NY
18Carolina Small Business Development Fund501(c)(3)$6.8 millionRaleigh, NC
19Metropolitan Economic Development Association501(c)(3)$7.3 millionMinneapolis, MN
20BCL of Texas501(c)(3)$3.3 millionAustin, TX
21Northwest Business Development Assoc501(c)(3)$2.7 millionSpokane Valley, WA
22New Bedford Economic Development Council501(c)(3)$1.2 millionNew Bedford, MA
23Forward Community Investments501(c)(3)$3.1 millionMadison, WI
24Community Loan Fund of New Jersey501(c)(3)$12 millionNew Brunswick, NJ
25Neighborworks Capital Corporation501(c)(3)$6.7 millionSilver Spring, MD