Civic Intelligence

Renaissance Community Loan Fund Inc.

990 • Fiscal year 2015 • EIN 20-8181931

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 21, 2016

Organization ProfileWWW.MSGCRC.COM

View Organization Page

11975 Seaway Road No A140Gulfport, MS 39503

(228) 896-3386

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.20x

Higher debt load relative to assets than 43% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

3.60x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

2nd percentile

-142%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

42nd percentile

$215,000

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

65th percentile

5.4%

Faster asset growth than 65% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-31%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$37,055,816

Up $1,896,783 (+5.4%) from 2014

Net Assets

Down

$29,475,879

Down $2,985,086 (-9.2%) from 2014

Liabilities

Up

$7,579,937

Up $4,881,869 (+181%) from 2014

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin2nd percentile

Revenue

Down

$2,108,297

Down $959,620 (-31%) from 2014

Expenses

Down

$5,093,383

Down $1,626,567 (-24%) from 2014

Net Income

Up

-$2,985,086

Up $666,947 (+18%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$80M$60M$40M$20M$0Assets 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

2015

Assets$37,055,816
Liabilities$7,579,937
Net Assets$29,475,879
Open 2015 Filing

Operations Trend

Revenue Growth8th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 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

2015

Revenue$2,108,297
Expenses$5,093,383
Net Income-$2,985,086
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 21, 2016
Return Version
2015v2.1
Gross Receipts
$2,840,826
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$28,763,253$32,758,144▲ $3,994,891
Savings and Temporary Cash Investments$3,420,166$2,625,682▼ $794,484
Investments in Publicly Traded Securities$1,786,217$1,759,811▼ $26,406
Land, Buildings, and Equipment, Net$213,298$195,180▼ $18,118
Accounts Receivable$402,528$83,396▼ $319,132
Pledges and Grants Receivable$765,576$50,000▼ $715,576
Prepaid Expenses and Deferred Charges$23,212$41,143▲ $17,931
Cash and Non-Interest-Bearing Accounts$100$69▼ $31
Total Assets$35,159,033$37,055,816▲ $1,896,783
Other Assets Total$-215,317$-457,609▼ $242,292
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,500,000$6,566,446▲ $5,066,446
Grants Payable$895,053$779,141▼ $115,912
Accounts Payable and Accrued Expenses$234,738$222,128▼ $12,610
Escrow Account Liability$68,277$12,222▼ $56,055
Total Liabilities$2,698,068$7,579,937▲ $4,881,869
Net Assets / Fund Balance
Unrestricted Net Assets$30,314,208$28,598,813▼ $1,715,395
Temporarily Rstr Net Assets$2,146,757$877,066▼ $1,269,691
Total Net Assets Fund Balance$32,460,965$29,475,879▼ $2,985,086
Total Liabilities and Net Assets / Fund Balance$35,159,033$37,055,816▲ $1,896,783

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$160,743$14,205$174,948
Equipment$34,437$136,216$170,653
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly LarosaPresident/CEOFT$165,760$49,240$215,000

Board Members and Trustees

NameTitle
Dorothy ShawChairman
Carl ChaneyVice Chairman
Dave DennisDirector
H Gordon MyrickDirector
Jeff FranklinDirector
Jerome BrownDirector
Laura HastyDirector
Michelle WhettenDirector
Patrick WildDirector
Tom StiehleDirector
David NicholsSecretary
Phil EideTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$712,718
Program Service Revenue
$223,051
Investment Income
$1,181,939
Other Revenue
$-9,411
All Other Contributions
$571,663
Change in Net Assets
$-2,985,086

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,108,297
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-127,918
Total Revenue per Audited Statements
$1,980,379
Total Revenue per Form 990
$2,108,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,860,552
Salaries, Compensation, and Employee Benefits$1,120,520
Grants and Similar Amounts Paid$1,112,311
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,112,311--$1,112,311
Other Salaries and Wages$506,483$94,928-$601,411
Other Expenses$234,647--$234,647
Other Employee Benefits$71,200$162,565-$233,765
Current Officers, Directors, Trustees, and Key Employees$202,100$12,900-$215,000
Advertising$145,180$52,089-$197,269
Interest-$103,167-$103,167
Fees for Services Other$7,020$93,303-$100,323
Payroll Taxes$49,221$21,123-$70,344
Occupancy$31,688$30,512-$62,200
Insurance$33,191$25,600-$58,791
Fees for Services Accounting$4,908$35,853-$40,761
Fees for Services Legal$23,200$14,980-$38,180
Information Technology$9,263$23,644-$32,907
Travel$10,060$20,344-$30,404
Depreciation Depletion-$21,213-$21,213
Office Expenses$-5$8,953-$8,948
All Other Expenses$-346,673$71,089-$-275,584
Total Functional Expenses$4,301,120$792,263$0$5,093,383

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,093,383
Total Expenses per Audited Statements$5,093,383
Total Expenses per Form 990$5,093,383
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The 990 is reviewed by a cpa, non-board member, prior to the full bod review at the monthly meeting.”

Form 990, Part VI, Section B, Line 12C

“Board of directors members complete questionnaires annually, sign confidentiality and disclosure agreements, as well as code of ethics.”

Form 990, Part VI, Section B, Line 15

“Compensation committee met and compared salaries and positions with other non-profits.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, financial statements, and form 990 available upon request.”

Filing and Contact Details

Filer

Filer Name
Gulf Coast Renaissance Corporation
EIN
20-8181931
Phone
2288963386
Address
11975 SEAWAY ROAD NO A140, GULFPORT, MS 39503

Signing Officer

Name
Kimberly Larosa
Title
President/CEO
Phone
2288963386
Signed
2016-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Larosa
Formed
2007
Legal Domicile
Ms
Voting Board Members
12
Independent Board Members
12
Employees
17
Volunteers
0

Preparer

Firm
Piltz Williams Larosa & Co
Address
PO BOX 231, BILOXI, MS 39533
Preparer
John D Prentiss CPA
Phone
2283744141
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There 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.”

Financial Statement Notes

PART IV, LINE 2B:

“Gulf coast renaissance corporation maintains escrow accounts for certain mortgage receivables”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Equity in earnings of affiliate”

Raw XML AppendixShowing 400 of 592 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt023644
IRS990/InformationTechnologyGrp/ProgramServicesAmt09263
IRS990/InformationTechnologyGrp/TotalAmt032907
IRS990/InsuranceGrp/ManagementAndGeneralAmt025600
IRS990/InsuranceGrp/ProgramServicesAmt033191
IRS990/InsuranceGrp/TotalAmt058791
IRS990/InterestGrp/ManagementAndGeneralAmt0103167
IRS990/InterestGrp/TotalAmt0103167
IRS990/InvestmentIncomeGrp/ExclusionAmt040870
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01176179
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01217049
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01786217
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01759811
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0150421
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0213298
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0195180
IRS990/LandBldgEquipCostOrOtherBssAmt0345601
IRS990/LegalDomicileStateCd0MS
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0732529
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01500000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06566446
IRS990/NetAssetsOrFundBalancesBOYAmt032460965
IRS990/NetAssetsOrFundBalancesEOYAmt029475879
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-35110
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-35110
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt030512
IRS990/OccupancyGrp/ProgramServicesAmt031688
IRS990/OccupancyGrp/TotalAmt062200
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08953
IRS990/OfficeExpensesGrp/ProgramServicesAmt0-5
IRS990/OfficeExpensesGrp/TotalAmt08948
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0-215317
IRS990/OtherAssetsTotalGrp/EOYAmt0-457609
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0162565
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt071200
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0233765
IRS990/OtherExpensesGrp/Desc0MY HOME DPA
IRS990/OtherExpensesGrp/Desc1TURTLE CREEK
IRS990/OtherExpensesGrp/Desc2REACH DPA
IRS990/OtherExpensesGrp/Desc3THU DPA
IRS990/OtherExpensesGrp/ProgramServicesAmt01177506
IRS990/OtherExpensesGrp/ProgramServicesAmt1518392
IRS990/OtherExpensesGrp/ProgramServicesAmt2511428
IRS990/OtherExpensesGrp/ProgramServicesAmt3234647
IRS990/OtherExpensesGrp/TotalAmt01177506
IRS990/OtherExpensesGrp/TotalAmt1518392
IRS990/OtherExpensesGrp/TotalAmt2511428
IRS990/OtherExpensesGrp/TotalAmt3234647
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1ADVISORY FEES
IRS990/OtherRevenueMiscGrp/Desc2UNREALIZED GAINS
IRS990/OtherRevenueMiscGrp/ExclusionAmt034967
IRS990/OtherRevenueMiscGrp/ExclusionAmt1-12079
IRS990/OtherRevenueMiscGrp/ExclusionAmt2-32299
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034967
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-12079
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-32299
IRS990/OtherRevenueTotalAmt0-9411
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt094928
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0506483
IRS990/OtherSalariesAndWagesGrp/TotalAmt0601411
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt028763253
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt032758144
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021123
IRS990/PayrollTaxesGrp/ProgramServicesAmt049221
IRS990/PayrollTaxesGrp/TotalAmt070344
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0765576
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt050000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023212
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041143
IRS990/PrincipalOfficerNm0KIMBERLY LAROSA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0223051
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0223051
IRS990/ProgSrvcAccomActy2Grp/Desc0THE 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. THIS IS ACCOMPLISHED THROUGH ITS CURRENT LENDING PROGRAMS INCLUDING: MYHOME MYCOAST; THE DREAM FUND; GREEN LOAN FUND; NEW MARKET TAX CREDITS; MS GULF COAST DEVELOPMENT FUND AND SMALL BUSINESS AND COMMERCIAL LENDING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02826522
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01062314
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01399230
IRS990/ProgSrvcAccomActy3Grp/Desc0LAND 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.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt080262
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY - TO IDENTIFY PARTNERSHIP OPPORTUNITIES WITH COMMUNITY-BASED ORGANIZATIONS, LOCAL JURISDICTIONS AND BUSINESS ENTITIES IN PROGRAMS THAT WILL INCREASE THE DIVERSITY, SUSTAINABILITY AND QUALITY OF LIFE IN SOUTH MISSISSIPPI COMMUNITIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt050371
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt049996
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01901064
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0984891
IRS990/PYInvestmentIncomeAmt0910809
IRS990/PYOtherExpensesAmt04783006
IRS990/PYOtherRevenueAmt064755
IRS990/PYProgramServiceRevenueAmt0191289
IRS990/PYRevenuesLessExpensesAmt0-3652033
IRS990/PYSalariesCompEmpBnftPaidAmt0952053
IRS990/PYTotalExpensesAmt06719950
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03067917
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2985086
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03420166
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02625682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0736071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02119476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03068904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06644180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013177804
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025746435
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01360612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01146384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0794268
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02692031
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0709123
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06702418
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80170
IRS990ScheduleA/PublicSupportPY170Pct00.88770
IRS990ScheduleA/PublicSupportTotal170Amt025746435
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0736071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02119476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03068904
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06644180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013177804
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025746435
IRS990ScheduleA/TotalSupportAmt032114708
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt011676
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0-197943
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0-107679
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0-40199
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0-334145
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt068277
IRS990ScheduleD/DistributionsDuringYearAmt056055
IRS990ScheduleD/EndingBalanceAmt012222
IRS990ScheduleD/EquipmentGrp/BookValueAmt034437
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0136216
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0170653
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05093383
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0160743
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014205
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0174948
IRS990ScheduleD/OtherRevenueAmt0-127918
IRS990ScheduleD/RevenueNotReportedAmt0-127918
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02108297
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GULF COAST RENAISSANCE CORPORATION MAINTAINS ESCROW ACCOUNTS FOR CERTAIN MORTGAGE RECEIVABLES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EQUITY IN EARNINGS OF AFFILIATE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,055,816
Liabilities
$7,579,937
Net assets
$29,475,879
Revenue
$2,108,297
Expenses
$5,093,383
Net income
-$2,985,086
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