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Urban Renewal Initiative Foundation

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

EIN: 454842669 ✦ Royal oak, MI ✦ Designated as a 501(c)(3)

Overview

What is Urban Renewal Initiative Foundation?

The Urban Renewal Initiative Foundation, based in Royal Oak, Michigan, is a nonprofit organization with a focus on cultural enhancements. Specifically, they are working towards the development of a performing arts center. Throughout 2022, they have been actively raising funds and incurring expenses for this project. This initiative is part of their broader mission to establish a cultural facility and contribute to the removal of urban blight.


Is Urban Renewal Initiative Foundation legitimate?

Urban Renewal Initiative Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Renewal Initiative Foundation 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


What is the mission statement of Urban Renewal Initiative Foundation?
Who is the CEO of Urban Renewal Initiative Foundation?
What is the revenue of Urban Renewal Initiative Foundation?
Who are the executives of Urban Renewal Initiative Foundation and what are their salaries?
Where can I find the form 990 for Urban Renewal Initiative Foundation?

Mission Statement of Urban Renewal Initiative Foundation

The Urban Renewal Initiative Foundation is committed to enriching culture by spearheading the development of a Performing Arts Center. This nonprofit organization's mission is twofold: firstly, it aims to establish a cultural facility, and secondly, it seeks to eliminate urban blight. By raising funds and incurring expenses during 2022, the Foundation is working diligently to transform a property into this artistic hub, contributing positively to the local cultural landscape.

Impact

This information is meant to be a general summary of Urban Renewal Initiative Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Urban Renewal Initiative Foundation's impact can be seen through their efforts in cultural enhancements, particularly in the development of a performing arts center in Royal Oak, MI. By raising funds and incurring expenses towards establishing a cultural facility and removing blight in the area, the foundation is actively contributing to the revitalization and enrichment of the community through the arts. Their focus on creating a space for performing arts highlights their commitment to fostering creativity, education, and community engagement.





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 2022.

  • Investment Income: $47,541
  • Program Service Revenue: $0
  • Gross Receipts: $6,405,060

    • Assets and Liabilities:
  • Total Assets: $16,495,275
  • Total Liabilities: $34,930
  • Net Assets: $16,460,345
  • Organization Details

    Founding Year

    2012

    Principal Officer

    A Paul Schaap

    Main Address

    26622 WOODWARD AVE 225, ROYAL OAK, MI, 48067

    NTEE Category

    Code: T30 - Philanthropy

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