Civic Intelligence

Renaissance Community Loan Fund Inc.

990 • Fiscal year 2018 • EIN 20-8181931

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 28, 2019

Organization ProfileWWW.RCLFMS.COM

View Organization Page

8917 Lorraine RoadGulfport, MS 39503

(228) 896-3386

Siviq Scores

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

Liabilities / Assets

56th percentile

0.31x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

2.43x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

66th percentile

10%

Higher net margin than 66% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$220,603

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

67th percentile

7.1%

Faster asset growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-35%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$37,127,817

Up $2,446,443 (+7.1%) from 2017

Net Assets

Up

$25,530,424

Up $489,155 (+2.0%) from 2017

Liabilities

Up

$11,597,393

Up $1,957,288 (+20%) from 2017

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin66th percentile

Revenue

Down

$4,776,386

Down $2,547,906 (-35%) from 2017

Expenses

Down

$4,287,231

Down $2,850,990 (-40%) from 2017

Net Income

Up

$489,155

Up $303,084 (+163%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth67th 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

2018

Assets$37,127,817
Liabilities$11,597,393
Net Assets$25,530,424
Open 2018 Filing

Operations Trend

Revenue Growth6th 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

2018

Revenue$4,776,386
Expenses$4,287,231
Net Income$489,155
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 28, 2019
Return Version
2018v3.1
Gross Receipts
$4,776,386
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$20,369,066$22,803,070▲ $2,434,004
Cash and Non-Interest-Bearing Accounts$9,727,343$8,751,710▼ $975,633
Savings and Temporary Cash Investments$3,304,417$3,094,792▼ $209,625
Land, Buildings, and Equipment, Net$60,529$1,596,992▲ $1,536,463
Pledges and Grants Receivable$976,500$1,006,893▲ $30,393
Accounts Receivable$437,168$258,184▼ $178,984
Investments in Publicly Traded Securities$224,600$132,000▼ $92,600
Prepaid Expenses and Deferred Charges$19,905$34,362▲ $14,457
Total Assets$34,681,374$37,127,817▲ $2,446,443
Other Assets Total$-438,154$-550,186▼ $112,032
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,567,993$9,775,722▲ $1,207,729
Accounts Payable and Accrued Expenses$282,574$1,323,297▲ $1,040,723
Grants Payable$560,521$457,476▼ $103,045
Other Liabilities$96,000$0▼ $96,000
Escrow Account Liability$133,017$40,898▼ $92,119
Total Liabilities$9,640,105$11,597,393▲ $1,957,288
Net Assets / Fund Balance
Unrestricted Net Assets$22,785,951$25,530,424▲ $2,744,473
Temporarily Rstr Net Assets$2,255,318$0▼ $2,255,318
Total Net Assets Fund Balance$25,041,269$25,530,424▲ $489,155
Total Liabilities and Net Assets / Fund Balance$34,681,374$37,127,817▲ $2,446,443

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,131,300--
Land$286,861--
Equipment$147,865$78,041-
Leasehold Improvements$30,966$4,747-
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly LarosaPresident/CEOFT$178,863$41,740$220,603

Board Members and Trustees

NameTitle
Dorothy ShawChairman
David NicholsVice Chairman
Dave DennisDirector
Jerome BrownDirector
Michelle WhettenDirector
H Gordon MyrickSecretary
Laura HastyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,976,238
Program Service Revenue
$859,597
Investment Income
$1,479,054
Other Revenue
$461,497
All Other Contributions
$62,663
Change in Net Assets
$489,155

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,612,368
Revenue Not Reported on Financial Statements
$164,018
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$164,018
Total Revenue per Audited Statements
$4,612,368
Total Revenue per Form 990
$4,776,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,593,776
Salaries, Compensation, and Employee Benefits$1,661,394
Grants and Similar Amounts Paid$32,061
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$958,747$127,359-$1,086,106
Other Employee Benefits$101,748$149,174-$250,922
Fees for Services Other$66,205$177,597-$243,802
Interest-$242,469-$242,469
Advertising$224,883$1,000-$225,883
Current Officers, Directors, Trustees, and Key Employees$220,603--$220,603
Fees for Services Legal$33,108$126,348-$159,456
All Other Expenses$98,167$54,137-$152,304
Payroll Taxes$83,110$20,653-$103,763
Occupancy$90,649$64-$90,713
Information Technology$32,214$24,038-$56,252
Insurance$43,024$8,603-$51,627
Travel$42,095$8,969-$51,064
Depreciation Depletion-$34,142-$34,142
Other Expenses$32,555$23,608-$32,555
Office Expenses$3,052$29,102-$32,154
Grants to Domestic Individuals$32,061--$32,061
Fees for Services Accounting$12,034$16,812-$28,846
Total Functional Expenses$3,243,156$1,044,075$0$4,287,231

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,287,231
Total Expenses per Audited Statements$4,287,231
Total Expenses per Form 990$4,287,231
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
Audit committee
Yes
Backup withholding compliance
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 11B

“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
Renaissance Community Loan Fund Inc
EIN
20-8181931
Phone
2288963386
Address
8917 LORRAINE ROAD, GULFPORT, MS 39503

Signing Officer

Name
Kimberly Larosa
Title
President/CEO
Phone
2288963386
Signed
2019-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Larosa
Formed
2007
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
7
Employees
23
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:

“Renaissance community loan fund, inc. Maintains escrow accounts for certain mortgage receivables”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Equity in earnings of affiliate”

Raw XML AppendixShowing 400 of 571 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0282574
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01323297
IRS990/AccountsReceivableGrp/BOYAmt0437168
IRS990/AccountsReceivableGrp/EOYAmt0258184
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO 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/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01000
IRS990/AdvertisingGrp/ProgramServicesAmt0224883
IRS990/AdvertisingGrp/TotalAmt0225883
IRS990/AllOtherContributionsAmt062663
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt054137
IRS990/AllOtherExpensesGrp/ProgramServicesAmt098167
IRS990/AllOtherExpensesGrp/TotalAmt0152304
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHARLES WALL CFO
IRS990/BooksInCareOfDetail/PhoneNum02288963386
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08917 LORRAINE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0GULFPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039503
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt09727343
IRS990/CashNonInterestBearingGrp/EOYAmt08751710
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0220603
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0220603
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01976238
IRS990/CYGrantsAndSimilarPaidAmt032061
IRS990/CYInvestmentIncomeAmt01479054
IRS990/CYOtherExpensesAmt02593776
IRS990/CYOtherRevenueAmt0461497
IRS990/CYProgramServiceRevenueAmt0859597
IRS990/CYRevenuesLessExpensesAmt0489155
IRS990/CYSalariesCompEmpBnftPaidAmt01661394
IRS990/CYTotalExpensesAmt04287231
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04776386
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt034142
IRS990/DepreciationDepletionGrp/TotalAmt034142
IRS990/Desc0THE 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 CORPORATION ALSO OFFERS HOMEBUYER ASSISTANCE PROGRAMS WITH HOUSING AND DREAM ASSISTANCE GRANTS. THESE GRANTS ARE FORGIVEN AFTER FIVE TO TEN YEARS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0133017
IRS990/EscrowAccountLiabilityGrp/EOYAmt040898
IRS990/ExpenseAmt098726
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016812
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012034
IRS990/FeesForServicesAccountingGrp/TotalAmt028846
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0126348
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt033108
IRS990/FeesForServicesLegalGrp/TotalAmt0159456
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0177597
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt066205
IRS990/FeesForServicesOtherGrp/TotalAmt0243802
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0DOROTHY SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm1H GORDON MYRICK
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVE DENNIS
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID NICHOLS
IRS990/Form990PartVIISectionAGrp/PersonNm4JEROME BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm5LAURA HASTY
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHELLE WHETTEN
IRS990/Form990PartVIISectionAGrp/PersonNm7KIMBERLY LAROSA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7220603
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0154433
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt01913575
IRS990/GrantAmt05681
IRS990/GrantsPayableGrp/BOYAmt0560521
IRS990/GrantsPayableGrp/EOYAmt0457476
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt032061
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt032061
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0154433
IRS990/GrossReceiptsAmt04776386
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt024038
IRS990/InformationTechnologyGrp/ProgramServicesAmt032214
IRS990/InformationTechnologyGrp/TotalAmt056252
IRS990/InsuranceGrp/ManagementAndGeneralAmt08603
IRS990/InsuranceGrp/ProgramServicesAmt043024
IRS990/InsuranceGrp/TotalAmt051627
IRS990/InterestGrp/ManagementAndGeneralAmt0242469
IRS990/InterestGrp/TotalAmt0242469
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01324621
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01324621
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0224600
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0132000
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt082788
IRS990/LandBldgEquipBasisNetGrp/BOYAmt060529
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01596992
IRS990/LandBldgEquipCostOrOtherBssAmt01679780
IRS990/LegalDomicileStateCd0MS
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
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/BOYAmt08567993
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09775722
IRS990/NetAssetsOrFundBalancesBOYAmt025041269
IRS990/NetAssetsOrFundBalancesEOYAmt025530424
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0154433
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0154433
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt064
IRS990/OccupancyGrp/ProgramServicesAmt090649
IRS990/OccupancyGrp/TotalAmt090713
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029102
IRS990/OfficeExpensesGrp/ProgramServicesAmt03052
IRS990/OfficeExpensesGrp/TotalAmt032154
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0-438154
IRS990/OtherAssetsTotalGrp/EOYAmt0-550186
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0149174
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0101748
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0250922
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1PROPERTY MANAGEMENT
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3RESTRICTED GRANT EXPENS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023608
IRS990/OtherExpensesGrp/ProgramServicesAmt01119064
IRS990/OtherExpensesGrp/ProgramServicesAmt140105
IRS990/OtherExpensesGrp/ProgramServicesAmt29732
IRS990/OtherExpensesGrp/ProgramServicesAmt332555
IRS990/OtherExpensesGrp/TotalAmt01119064
IRS990/OtherExpensesGrp/TotalAmt140105
IRS990/OtherExpensesGrp/TotalAmt233340
IRS990/OtherExpensesGrp/TotalAmt332555
IRS990/OtherLiabilitiesGrp/BOYAmt096000
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0461497
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0461497
IRS990/OtherRevenueTotalAmt0461497
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0127359
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0958747
IRS990/OtherSalariesAndWagesGrp/TotalAmt01086106
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020369066
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt022803070
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020653
IRS990/PayrollTaxesGrp/ProgramServicesAmt083110
IRS990/PayrollTaxesGrp/TotalAmt0103763
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0976500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01006893
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019905
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034362
IRS990/PrincipalOfficerNm0KIMBERLY LAROSA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/BusinessCd2522291
IRS990/ProgramServiceRevenueGrp/Desc0LOAN FEES
IRS990/ProgramServiceRevenueGrp/Desc1NMTC FEES
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0431634
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1385507
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt242456
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0431634
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1385507
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt242456
IRS990/ProgSrvcAccomActy2Grp/Desc0THE LENDING PROGRAM WERE ESTABLISHED AS A PERPETUAL FUND THAT CAN, IN TURN, CREATE A SELF-SUSTAINING FUND TO ASSIST THOUSANDS OF RESIDENTS AND POTENTIAL RESIDENTS FOR YERAS TO COME. THIS IS ACCOMPLISHED THROUGH ITS CURRENT LENDING PROGRAMS INCLUDING: MYHOME MYCOAST; THE DREAM FUND; NEW MARKET TAX CREDITS; MS GULF COAST DEVELOPMENT FUND AND SMALL BUSINESS AND COMMERCIAL LENDING
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03144430
IRS990/ProgSrvcAccomActy2Grp/GrantAmt026380
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02790495
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02288030
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt077424
IRS990/PYInvestmentIncomeAmt01265636
IRS990/PYOtherExpensesAmt05708449
IRS990/PYOtherRevenueAmt03513683
IRS990/PYProgramServiceRevenueAmt0256943
IRS990/PYRevenuesLessExpensesAmt0186071
IRS990/PYSalariesCompEmpBnftPaidAmt01352348
IRS990/PYTotalExpensesAmt07138221
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07324292
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0489155
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09653
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03304417
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03094792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01913575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02288030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01177985
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0736071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02119476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08235137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02603263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04898525
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0-236398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01360612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01146384
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09772386
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.45600
IRS990ScheduleA/PublicSupportPY170Pct00.66330
IRS990ScheduleA/PublicSupportTotal170Amt08235137
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01913575
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02288030
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01177985
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0736071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02119476
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08235137
IRS990ScheduleA/TotalSupportAmt018060001
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt062663
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt078848
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt097234
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt011676
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0-197943
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt052478
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt0133017
IRS990ScheduleD/DistributionsDuringYearAmt092119
IRS990ScheduleD/EndingBalanceAmt040898
IRS990ScheduleD/EquipmentGrp/BookValueAmt0147865
IRS990ScheduleD/EquipmentGrp/DepreciationAmt078041
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0225906
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04287231
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0286861
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0286861
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt030966
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04747
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt035713
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01131300
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01131300
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0164018
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0164018
IRS990ScheduleD/RevenueSubtotalAmt04612368
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENAISSANCE COMMUNITY LOAN FUND, INC. MAINTAINS ESCROW ACCOUNTS FOR CERTAIN MORTGAGE RECEIVABLES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EQUITY IN EARNINGS OF AFFILIATE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01596992
IRS990ScheduleD/TotalExpensesPerForm990Amt04287231
IRS990ScheduleD/TotalRevenuePerForm990Amt04776386
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04612368
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04287231
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt026380
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15681
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DREAM FUND PROVIDES CLOSING COSTS AND DOWN PAYMENT ASSISTANCE TO QUALIFIED HOME BUYERS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1HOUSING ASSISTANCE TO QUALIFIED INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0178863
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount035500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,127,817
Liabilities
$11,597,393
Net assets
$25,530,424
Revenue
$4,776,386
Expenses
$4,287,231
Net income
$489,155
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
2018Detailed filing. Detailed filing data is available for this year.$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