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Urban Renaissance Partners Inc

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

EIN: 475487600 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Urban Renaissance Partners Inc?

Urban Renaissance Partners Inc, located in Memphis, Tennessee, is a dedicated nonprofit organization that focuses on urban revitalization. Their mission is to preserve affordability and developable lots in target areas, investing in properties for single family, multifamily, or commercial development. In 2022, they invested $5 million in property acquisitions, rehabilitation, and maintenance, aligning with their mission. Urban Renaissance Partners (URP) is committed to creating energy-efficient, safe, and affordable housing, and they employ a collaborative approach to tackle persistent social and economic issues in urban neighborhoods, utilizing whole block strategies.


Is Urban Renaissance Partners Inc legitimate?

Urban Renaissance Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Renaissance Partners Inc 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 Renaissance Partners Inc?
Who is the CEO of Urban Renaissance Partners Inc?
What is the revenue of Urban Renaissance Partners Inc?
Who are the executives of Urban Renaissance Partners Inc and what are their salaries?
Where can I find the form 990 for Urban Renaissance Partners Inc?

Mission Statement of Urban Renaissance Partners Inc

Urban Renaissance Partners (URP) is committed to revitalizing urban neighborhoods by focusing on the development of energy-efficient, safe, and affordable housing. The organization adopts a holistic approach to address persistent social and economic distress, working collaboratively to achieve success through targeted, whole block strategies. URP's mission is to invest in real estate opportunities in target areas, with a goal of preserving affordability and developing properties for single-family, multifamily, or commercial use. In 2022, URP allocated $5 million towards the acquisition, rehabilitation, and maintenance of properties in line with its mission.

Impact

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




Saturday, July 20, 2024

Urban Renaissance Partners Inc, also known as URP, is making a significant impact by revitalizing urban neighborhoods in Memphis, Tennessee. Their focus on developing energy-efficient, safe, and affordable housing is addressing persistent social and economic distress in these communities. Through targeted, whole block strategies, URP is working diligently to acquire real estate in key areas, preserving affordability and developing properties for single-family, multifamily, or commercial use. In 2022 alone, URP invested $5 million in acquiring, rehabilitating, and maintaining properties to further their mission. By doing so, URP is not only improving the housing landscape but also fostering a more vibrant and sustainable urban environment for residents in Memphis.





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: $137,632
  • Program Service Revenue: $0
  • Gross Receipts: $7,350,980

    • Assets and Liabilities:
  • Total Assets: $20,833,913
  • Total Liabilities: $2,668,085
  • Net Assets: $18,165,828
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Archie Willis Iii

    Main Address

    314 AW Willis Ave, Memphis, TN, 38105

    NTEE Category

    Code: L20 - Housing

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