Overview
What is Renaissance Community Loan Fund?
Renaissance Community Loan Fund is a nonprofit organization situated in Gulfport, Mississippi. Their primary objective is to support the development of safe, high-quality housing for the workforce and special needs residents of the Mississippi Gulf Coast. They achieve this by providing both technical and financial assistance, thereby facilitating community growth that retains or adds jobs within the community, and stimulates entrepreneurial opportunities. Their lending programs, such as MyHome MyCoast, The Dream Fund, New Market Tax Credits, MS Gulf Coast Development Fund, and Small Business and Commercial Lending, play a crucial role in creating a self-sustaining fund that can assist numerous residents for years to come. With a team of 39 dedicated individuals, Renaissance Community Loan Fund is committed to enhancing the living conditions and economic prospects of the Mississippi Gulf Coast community.
Official website here: www.rclfms.com
Is Renaissance Community Loan Fund legitimate?
Renaissance Community Loan Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Community Loan Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $231,639
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,561,642
For more financial information, click here
Official website here: www.rclfms.com
What is the mission statement of Renaissance Community Loan Fund?
The Renaissance Community Loan Fund's mission is to provide both technical and financial assistance, aiming to facilitate the development of communities that offer safe and quality housing for the workforce and residents with special needs. This initiative is focused on the Mississippi Gulf Coast. The fund's objective also includes creating economic opportunities that either retain or generate jobs within the community or provide entrepreneurial prospects. Through various lending programs such as MyHome MyCoast, The Dream Fund, New Market Tax Credits, MS Gulf Coast Development Fund, and small business and commercial lending, the fund aims to establish a self-sustaining fund that can assist numerous residents and potential residents for many years to come.
Official website here: www.rclfms.com
Who is the CEO of Renaissance Community Loan Fund?
Kimberly Larosa is the Chairman of Renaissance Community Loan Fund. The CEO's salary of Renaissance Community Loan Fund is $240,240 and their total compensation is $240,240.
Official website here: www.rclfms.com
What is the revenue of Renaissance Community Loan Fund?
Renaissance Community Loan Fund's revenue in 2022 was $6,648,710.
Official website here: www.rclfms.com
Who are the executives of Renaissance Community Loan Fund and what are their salaries?
The average compensation at Renaissance Community Loan Fund during 2022 was $45,982. There are 39 employees at Renaissance Community Loan Fund.
Here are 11 key members and their salaries (Renaissance Community Loan Fund's CEO's salary is $240,240 and their total compensation is $240,240):
- Kimberly Larosa (President/Ceo)
- Charles Wall (Chief Fianacial Officer)
- Camille T Schafer (Director Of Programs)
- Denise Carver (Director Of Marketing & Ad)
- Dorothy Shaw (Chairman) [Trustee/Director]
- Dave Dennis (Secretary) [Trustee/Director]
- David Nichols (Vice Chairman) [Trustee/Director]
- Karen Sock (Director)
- Laura Hasty (Treasurer) [Trustee/Director]
- Michelle Whetten (Director)
- Zell Long (Director)
Official website here: www.rclfms.com
Where can I find the form 990 for Renaissance Community Loan Fund?
The Renaissance Community Loan Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.rclfms.com
Learn more at the official website: www.rclfms.com
Mission Statement of Renaissance Community Loan Fund
Renaissance Community Loan Fund is committed to supporting the development of communities that offer safe, high-quality housing for the workforce and special needs residents in the Mississippi Gulf Coast. Their mission is to facilitate this growth by providing both technical and financial assistance. This support aims to create economic opportunities that either retain or add jobs in the community, or foster entrepreneurial ventures. By doing so, Renaissance Community Loan Fund aims to assist numerous residents and potential future residents for years to come. Their efforts are channelled through various lending programs such as MyHome MyCoast, The Dream Fund, New Market Tax Credits, MS Gulf Coast Development Fund, and small business and commercial lending. These initiatives work towards creating a self-sustaining fund that can continue to assist the community for an extended period.
Impact
This information is meant to be a general summary of Renaissance Community Loan Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Renaissance Community Loan Fund's impact includes providing crucial support through technical and financial assistance to facilitate the development of communities on the Mississippi Gulf Coast. This support helps in the creation of safe, quality housing for the workforce and special need residents, as well as in generating economic opportunities that add or retain jobs in the community. The Fund's lending programs, such as MyHome MyCoast, The Dream Fund, New Market Tax Credits, MS Gulf Coast Development Fund, and small business and commercial lending, have been instrumental in fostering community development and creating entrepreneurial opportunities. Through these initiatives, Renaissance Community Loan Fund is making a lasting impact on the Mississippi Gulf Coast by building a self-sustaining fund that assists thousands of residents and potential residents for years to come, ultimately contributing to the overall well-being and prosperity of the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN FEES
Revenue
$462,200
MISC. MANAGEMENT FEES AND CONTRAC
Revenue
$455,845
Organization Details
Founding Year
2007
Phone
(228) 896-3386
Principal Officer
Kimberly Larosa
Main Address
8917 LORRAINE RD, GULFPORT, MS, 39503
Website
www.rclfms.com
NTEE Category
Code: M20 - Public safety
If you are a representative of Renaissance Community Loan Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.