Renaissance Neighborhood Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208947208 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

Overview

What is Renaissance Neighborhood Development Corporation?

Renaissance Neighborhood Development Corporation, established in response to Hurricane Katrina's devastation, is a nonprofit organization based in New Orleans, Louisiana. Their primary mission is to offer affordable housing options to low-, moderate-, and very low-income families in the Greater New Orleans area. They achieve this by constructing, rehabilitating, or acquiring properties and managing them on a nonprofit basis. The organization also provides various housing-related services, contributing to and distributing funds to other Section 501(c)(3) organizations exempt from federal taxation. In essence, Renaissance Neighborhood Development Corporation aims to assist those in need of affordable housing by owning and operating housing facilities and offering associated services.


Official website here: www.rndcnola.org

Is Renaissance Neighborhood Development Corporation legitimate?

Renaissance Neighborhood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Neighborhood Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rndcnola.org

What is the mission statement of Renaissance Neighborhood Development Corporation?

Renaissance Neighborhood Development Corporation's mission is centered around providing housing-related services to individuals in need of affordable housing options. The organization accomplishes this through the ownership and operation of various housing facilities on a nonprofit basis, while also offering related services on a nonprofit basis. This involves making distributions and contributions to organizations described under Section 501(C)(3) of the Internal Revenue Code, which are exempt from taxation under Section 501(A) of the Internal Revenue Code. Essentially, Renaissance Neighborhood Development Corporation aims to contribute to the provision of affordable housing and related services, benefiting those in need.


Official website here: www.rndcnola.org

Who is the CEO of Renaissance Neighborhood Development Corporation?

Vanessa Levine is the Chairman of Renaissance Neighborhood Development Corporation. The CEO's salary of Renaissance Neighborhood Development Corporation is $0 and their total compensation is $358,472.


Official website here: www.rndcnola.org

What is the revenue of Renaissance Neighborhood Development Corporation?

Renaissance Neighborhood Development Corporation's revenue in 2023 was $4,055,890.


Official website here: www.rndcnola.org

Who are the executives of Renaissance Neighborhood Development Corporation and what are their salaries?

Here are 6 key members and their salaries (Renaissance Neighborhood Development Corporation's CEO's salary is $0 and their total compensation is $358,472):

    Mike King (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $596,644
  • Other: $175,327

    • Voris Vigee (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $268,836
  • Other: $89,636

    • Vanessa Levine (Executive Director)
  • Compensation: $0
  • Related: $173,543
  • Other: $34,498

    • Gary Zapata (Chief Financial Officer)
  • Compensation: $0
  • Related: $129,346
  • Other: $33,133

    • Leonard Simmons Jr (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn M Bloom (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rndcnola.org

    Where can I find the form 990 for Renaissance Neighborhood Development Corporation?

    The Renaissance Neighborhood Development Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.rndcnola.org

    Learn more at the official website: www.rndcnola.org

    Mission Statement of Renaissance Neighborhood Development Corporation

    Renaissance Neighborhood Development Corporation, as a nonprofit organization, is dedicated to providing housing-related services to individuals in need of affordable housing options. This commitment is demonstrated through the ownership and operation of various housing facilities on a nonprofit basis. The corporation extends its services beyond just providing housing, offering housing-related assistance on a nonprofit basis as well. These services often involve making contributions and distributions to organizations classified under Section 501(C)(3) of the Internal Revenue Code, which are exempt from taxation under Section 501(A) of the same code. In essence, Renaissance Neighborhood Development Corporation aims to support those in need of affordable housing and contribute to the wider community by aiding other nonprofit organizations.

    Impact

    This information is meant to be a general summary of Renaissance Neighborhood Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Renaissance Neighborhood Development Corporation has a significant impact on the Greater New Orleans area by providing affordable housing options to very low-, low-, and moderate-income families. This organization, born out of the aftermath of Hurricane Katrina, plays a crucial role in constructing, rehabilitating, and acquiring housing that is essential for the community's well-being. Through its housing-related services, Renaissance Neighborhood Development Corporation contributes to the overall improvement of the local community and creates opportunities for families in need of stable and affordable housing.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $249,921
  • Program Service Revenue: $3,349,211
  • Gross Receipts: $4,055,890

    • Assets and Liabilities:
  • Total Assets: $32,414,873
  • Total Liabilities: $3,437,282
  • Net Assets: $28,977,591
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HOUSING DEVELOPMENT FE

    Revenue

    $2,596,620

    ASSET MANAGEMENT FEE

    Revenue

    $752,591

    Organization Details

    Founding Year

    2006

    Principal Officer

    Vanessa Levine

    Main Address

    4152 CANAL STREET, NEW ORLEANS, LA, 70119

    NTEE Category

    Code: S80 - Community improvement

    If you are a representative of Renaissance Neighborhood Development Corporation 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.