Civic Intelligence

Renaissance Community Loan Fund Inc.

990 • Fiscal year 2010 • EIN 20-8181931

Jan 01, 2010 to Dec 31, 2010 • Filed on Jul 21, 2011

11975-h Seaway Road39503
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.02x

Higher debt load relative to assets than 8% of similar nonprofits.

2010 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$32,752,057

No earlier filing loaded for comparison.

Net Assets

$32,235,653

No earlier filing loaded for comparison.

Liabilities

$516,404

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$10,678,335

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $32,752,057Liabilities 2010: $516,404Net Assets 2010: $32,235,6532010Assets 2011: $36,458,245Liabilities 2011: $1,210,135Net Assets 2011: $35,248,1102011Assets 2012: $39,387,980Liabilities 2012: $1,184,340Net Assets 2012: $38,203,6402012Assets 2013: $37,427,652Liabilities 2013: $1,314,654Net Assets 2013: $36,112,9982013Assets 2014: $35,159,033Liabilities 2014: $2,698,068Net Assets 2014: $32,460,9652014Assets 2015: $37,055,816Liabilities 2015: $7,579,937Net Assets 2015: $29,475,8792015Assets 2016: $35,717,803Liabilities 2016: $10,862,605Net Assets 2016: $24,855,1982016Assets 2017: $34,681,374Liabilities 2017: $9,640,105Net Assets 2017: $25,041,2692017Assets 2018: $37,127,817Liabilities 2018: $11,597,393Net Assets 2018: $25,530,4242018Assets 2019: $44,962,702Liabilities 2019: $18,729,991Net Assets 2019: $26,232,7112019Assets 2020: $46,955,538Liabilities 2020: $20,294,438Net Assets 2020: $26,661,1002020Assets 2021: $50,426,367Liabilities 2021: $23,219,835Net Assets 2021: $27,206,5322021Assets 2022: $53,451,589Liabilities 2022: $23,501,354Net Assets 2022: $29,950,2352022Assets 2023: $61,916,456Liabilities 2023: $32,184,636Net Assets 2023: $29,731,8202023Assets 2024: $66,494,902Liabilities 2024: $36,571,093Net Assets 2024: $29,923,8092024

Highlighted filing

2010

Assets$32,752,057
Liabilities$516,404
Net Assets$32,235,653

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,678,3352010Expenses 2011: $10,874,4662011Expenses 2012: $6,340,4822012Revenue 2013: $3,759,404Expenses 2013: $5,850,046Net Income 2013: -$2,090,6422013Revenue 2014: $3,067,917Expenses 2014: $6,719,950Net Income 2014: -$3,652,0332014Revenue 2015: $2,108,297Expenses 2015: $5,093,383Net Income 2015: -$2,985,0862015Revenue 2016: $941,587Expenses 2016: $5,512,268Net Income 2016: -$4,570,6812016Revenue 2017: $7,324,292Expenses 2017: $7,138,221Net Income 2017: $186,0712017Revenue 2018: $4,776,386Expenses 2018: $4,287,231Net Income 2018: $489,1552018Revenue 2019: $4,534,265Expenses 2019: $3,831,975Net Income 2019: $702,2902019Revenue 2020: $4,479,523Expenses 2020: $4,051,135Net Income 2020: $428,3882020Revenue 2021: $5,045,088Expenses 2021: $4,499,656Net Income 2021: $545,4322021Revenue 2022: $6,648,710Expenses 2022: $3,905,005Net Income 2022: $2,743,7052022Revenue 2023: $5,391,783Expenses 2023: $5,040,988Net Income 2023: $350,7952023Revenue 2024: $5,936,705Expenses 2024: $5,744,716Net Income 2024: $191,9892024

Highlighted filing

2010

Revenue-
Expenses$10,678,335
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Jul 21, 2011
Return Version
2010v3.2
Gross Receipts
$19,444,893
Mission and Program Overview

Mission

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 will add/retain jobs in the community or that create entrepreneurial opportunities.

Major Activities

Activity 2
Myhome mycoast (mhmc) is the long-term perpetual housing program. The purpose of the program is not to assist one family in obtaining homeownership, but to create a perpetual fund that can, in turn, create a self-sustaining fund to assist thousands of residents and potential residents for years to come. The current mhmc program leverages local participating lenders' mortgages with a zero percent interest second mortgage funded by community development block grant (cdbg) funds. Additionally, mhmc provides down payment assistance grants based on ami levels to assist low to moderate-income residents of the coast in achieving the american dream of homeownership.
Activity 3
Land development & community development 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 temporary housing unit (thu) program was established to meet the needs of families still living in fema travel trailers to repair or rebuild their homes damaged by hurricane katrina and who for various reasons cannot access any further federal disaster money. The elevation program was established to assist families affected by hurricane katrina who are in need of gap financing awaiting their elevation grant to raise their home to required current codes.
Filing and Contact Details

Filer

EIN
20-8181931
Raw XML AppendixShowing 400 of 472 raw XML fields

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IRS990/Activity2/Description0MYHOME MYCOAST (MHMC) IS THE LONG-TERM PERPETUAL HOUSING PROGRAM. THE PURPOSE OF THE PROGRAM IS NOT TO ASSIST ONE FAMILY IN OBTAINING HOMEOWNERSHIP, BUT TO CREATE A PERPETUAL FUND THAT CAN, IN TURN, CREATE A SELF-SUSTAINING FUND TO ASSIST THOUSANDS OF RESIDENTS AND POTENTIAL RESIDENTS FOR YEARS TO COME. THE CURRENT MHMC PROGRAM LEVERAGES LOCAL PARTICIPATING LENDERS' MORTGAGES WITH A ZERO PERCENT INTEREST SECOND MORTGAGE FUNDED BY COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUNDS. ADDITIONALLY, MHMC PROVIDES DOWN PAYMENT ASSISTANCE GRANTS BASED ON AMI LEVELS TO ASSIST LOW TO MODERATE-INCOME RESIDENTS OF THE COAST IN ACHIEVING THE AMERICAN DREAM OF HOMEOWNERSHIP.
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IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt019444893
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IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0KIMBERLY LAROSA
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IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0194770
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IRS990ScheduleO/GeneralExplanation/Explanation0THE 990 IS REVIEWED BY ONE OF THE BOARD MEMBERS, A PRACTICING CPA, PRIOR TO THE FULL BOD REVIEW AT THE MONTHLY MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation1BOARD OF DIRECTORS MEMBERS COMPLETE QUESTIONNAIRES ANNUALLY, SIGN CONFIDENTIALITY AND DISCLOSURE AGREEMENTS, AS WELL AS CODE OF ETHICS.
IRS990ScheduleO/GeneralExplanation/Explanation2COMPENSATION COMMITTEE MET AND COMPARED SALARIES AND POSITIONS WITH OTHER NON-PROFITS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4THERE HAS BEEN NO CHANGE IN THE OVERSIGHT OF THE AUDIT FROM THE LAST YEAR. THE AUDIT COMMITTEE'S RESPONSIBILITIES REMAIN THE SAME IN CHOOSING AN INDEPENDENT AUDITOR AND REVIEWING THE RESULTS OF THE AUDITS.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10COLLETTE POPPENDIECK CONTROLLER
IRS990/TheBooksAreInCareOf/TelephoneNumber02288963386
IRS990/TotalAssets/BOY027345514
IRS990/TotalAssetsBOY027345514
IRS990/TotalAssets/EOY032752057

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.5$36.6$29.9$5.94$5.74$0.19
2023Summary only. Only limited summary data is available for this year.$61.9$32.2$29.7$5.39$5.04$0.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.5$23.5$30.0$6.65$3.91$2.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.4$23.2$27.2$5.05$4.50$0.55
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.0$20.3$26.7$4.48$4.05$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.0$18.7$26.2$4.53$3.83$0.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.1$11.6$25.5$4.78$4.29$0.49
2017Summary only. Only limited summary data is available for this year.$34.7$9.64$25.0$7.32$7.14$0.19
2016Summary only. Only limited summary data is available for this year.$35.7$10.9$24.9$0.94$5.51$4.57
2015Detailed filing. Detailed filing data is available for this year.$37.1$7.58$29.5$2.11$5.09$2.99
2014Detailed filing. Detailed filing data is available for this year.$35.2$2.70$32.5$3.07$6.72$3.65
2013Detailed filing. Detailed filing data is available for this year.$37.4$1.31$36.1$3.76$5.85$2.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.4$1.18$38.2$6.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.5$1.21$35.2$10.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.8$0.52$32.2$10.7