Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
990 • Fiscal year 2020 • EIN 38-3367429
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
41st percentile
Higher top officer pay than 41% of similar nonprofits.
Top officer pay equals 3.1% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Assets
Up$29,918,588
Up $1,247,000 (+4.3%) from 2019
Net Assets
Up-$5,332,271
Up $3,660,817 (+41%) from 2019
Liabilities
Down$35,250,859
Down $2,413,817 (-6.4%) from 2019
Revenue
Down$6,916,378
Down $7,615,217 (-52%) from 2019
Expenses
Down$3,255,561
Down $1,132,473 (-26%) from 2019
Net Income
Down$3,660,817
Down $6,482,744 (-64%) from 2019
The organization, partnering with the cornerstone alliance, engages in the development of economic growth for the cities of benton harbor and st. Joseph and the townships of benton, lincoln, and royalton.
The renaissance development fund is engaged in the development and implementation of economic growth for the cities of benton harbor and st. Joseph and the townships of benton, lincoln and royalton.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $23,018,682 | $22,476,553 | ▼ $542,129 |
| Savings and Temporary Cash Investments | $2,512,950 | $5,083,967 | ▲ $2,571,017 |
| Other Notes and Loans Receivable, Net | $2,689,328 | $1,639,121 | ▼ $1,050,207 |
| Accounts Receivable | $141,736 | $522,215 | ▲ $380,479 |
| Investments Other Securities | $33,088 | $0 | ▼ $33,088 |
| Prepaid Expenses and Deferred Charges | $3,912 | $12,753 | ▲ $8,841 |
| Total Assets | $28,671,588 | $29,918,588 | ▲ $1,247,000 |
| Other Assets Total | $271,892 | $183,979 | ▼ $87,913 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $36,722,375 | $34,554,488 | ▼ $2,167,887 |
| Accounts Payable and Accrued Expenses | $585,264 | $390,586 | ▼ $194,678 |
| Other Liabilities | $357,037 | $305,785 | ▼ $51,252 |
| Total Liabilities | $37,664,676 | $35,250,859 | ▼ $2,413,817 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $231,061 | $231,418 | ▲ $357 |
| Net Assets Without Donor Restrictions | $-9,224,149 | $-5,563,689 | ▲ $3,660,460 |
| Total Net Assets Fund Balance | $-8,993,088 | $-5,332,271 | ▲ $3,660,817 |
| Total Liabilities and Net Assets / Fund Balance | $28,671,588 | $29,918,588 | ▲ $1,247,000 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $16,881,665 | - | $16,881,665 |
| Leasehold Improvements | $1,657,581 | - | $1,657,581 |
| Buildings | $3,937,307 | $138,783 | - |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Ronald Griesinger | CFO - Partial Year | PT | $65,217 | $65,217 |
| Name | Title |
|---|---|
| Alan Berry | President |
| Robert Cleveland | Vice President |
| David Bly | Director |
| Ken Ankli | Director |
| Kim Bicard | Director |
| Stacey Stephens | Director |
| Stephanie Scott-sims | Director |
| Jeff Gilbertsen | Secretary/treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Evergreen Development Company | Management Services | 400 RIVERVIEW DR, Benton Harbor, MI 49022 | $592,000 |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,255,561 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $1,392,781 | - | - | $1,392,781 |
| Fees for Services Management | - | $863,450 | - | $863,450 |
| Fees for Services Other | $287,816 | $121,985 | - | $409,801 |
| Depreciation Depletion | $129,376 | - | - | $129,376 |
| Occupancy | $123,916 | $4,200 | - | $128,116 |
| Advertising | $103,690 | - | - | $103,690 |
| Office Expenses | $54,214 | $21,567 | - | $75,781 |
| Fees for Services Accounting | - | $69,149 | - | $69,149 |
| Insurance | $7,144 | $31,590 | - | $38,734 |
| Fees for Services Legal | - | $2,465 | - | $2,465 |
| Other Expenses | $4,267 | $50 | - | $50 |
| Total Functional Expenses | $2,141,105 | $1,114,456 | $0 | $3,255,561 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Line of Credit | $155,521 |
| Deferred Hv Development Costs | $146,311 |
| Security Deposit - Rentals | $2,900 |
| Accrued Property Taxes | $1,053 |
“Both the president of the organization and the organization's accounting consultant review the draft 990. After their review, management of the organization emails a draft copy of the form 990 to all board members for their review prior to filing.”
“Compensation of the organization's officers is determined by the related organization from which they are compensated. The related organization's process is as follows: compensation for the president/ceo is reviewed and approved by the compensation committee. Compensation committee uses comparable data to review president/ceo compensation. The compensation for the remaining officers and key employees is reviewed and approved by the president/ceo. The most recent year for this evaluation was april, 2020.”
“A copy of the organization's governing documents, conflict of interest policy, and financial statements are available upon request at the renaissance development office.”
“Property engineering and consulting fees: program service expenses 262,847. Management and general expenses 19,447. Fundraising expenses 0. Total expenses 282,294. Association fees: program service expenses 0. Management and general expenses 45,025. Fundraising expenses 0. Total expenses 45,025. Administrative fees: program service expenses 24,969. Management and general expenses 57,513. Fundraising expenses 0. Total expenses 82,482.”
“The audit oversight and selection processes have not changed from the prior year.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 585264 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 390586 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 141736 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 522215 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE RENAISSANCE DEVELOPMENT FUND IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH FOR THE CITIES OF BENTON HARBOR AND ST. JOSEPH AND THE TOWNSHIPS OF BENTON, LINCOLN AND ROYALTON. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 103690 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 103690 |
| IRS990/AllOtherContributionsAmt | 0 | 4200000 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | STEPHANIE SCOTT-SIMS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2699256100 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 80 W MAIN ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BENTON HARBOR |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49022 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 592000 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 400 RIVERVIEW DR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | BENTON HARBOR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 49022 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | EVERGREEN DEVELOPMENT COMPANY |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MANAGEMENT SERVICES |
| IRS990/CostOfGoodsSoldAmt | 0 | 547462 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 4211297 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 260840 |
| IRS990/CYOtherExpensesAmt | 0 | 3255561 |
| IRS990/CYOtherRevenueAmt | 0 | 2435028 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 9213 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3660817 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 3255561 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6916378 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 129376 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 129376 |
| IRS990/Desc | 0 | RENAISSANCE DEVELOPMENT FUND IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH FOR THE CITIES OF BENTON HARBOR, MICHIGAN AND ST. JOSEPH, MICHIGAN; THE CHARTER TOWNSHIPS OF BENTON, ST. JOSEPH, AND LINCOLN; AND THE TOWNSHIP OF ROYALTON. THE ORGANIZATION'S PRINCIPAL PURPOSE IS TO FOSTER REDEVELOPMENT AND REVITALIZATION OF BLIGHTED REAL PROPERTY AND THE REMEDIATION OF ENVIRONMENTAL CONTAMINATION, AND TO SPONSOR AS WELL AS FUND PROGRAMS THAT WILL HELP THE DISADVANTAGED IN THESE CITIES. IN CONNECTION WITH ITS MISSION TO DEVELOP AND IMPLEMENT ECONOMIC GROWTH IN ITS SERVICE AREA, THE ORGANIZATION PROVIDES LOANS TO LOCAL SMALL BUSINESS OWNERS. THESE NOTES RECEIVABLE ARE PERIODICALLY EVALUATED FOR COLLECTABILITY BASED ON PAST CREDIT HISTORY WITH CUSTOMERS AND THEIR CURRENT FINANCIAL CONDITION. PROVISIONS FOR LOSSES ON NOTES RECEIVABLE ARE DETERMINED ON THE BASIS OF LOSS EXPERIENCE, KNOWN AND INHERENT RISKS IN THE LOANS HELD, THE ESTIMATED VALUE OF UNDERLYING COLLATERAL, IF ANY, AND CURRENT ECONOMIC CONDITIONS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 231061 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 231418 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2141105 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 69149 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 69149 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2465 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2465 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 863450 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 863450 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 121985 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 287816 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 409801 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 15435 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 6312 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROBERT CLEVELAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RONALD GRIESINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ALAN BERRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JEFF GILBERTSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KEN ANKLI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KIM BICARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DAVID BLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | STEPHANIE SCOTT-SIMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | STACEY STEPHENS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 198873 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 58905 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CFO - PARTIAL YEAR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1997 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 51078 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 11297 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 51078 |
| IRS990/GrossReceiptsAmt | 0 | 7463840 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 34616 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 740314 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 31590 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 7144 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 38734 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 1392781 |
| IRS990/InterestGrp/TotalAmt | 0 | 1392781 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1802 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 207960 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 209762 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 33088 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 17 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 138783 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 23018682 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 22476553 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 22615336 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 0 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ORGANIZATION, PARTNERING WITH CORNERSTONE ALLIANCE, ENGAGES IN THE DEVELOPMENT OF ECONOMIC GROWTH FOR THE CITIES OF BENTON HARBOR AND ST. JOSEPH AND THE TOWNSHIPS OF BENTON, LINCOLN AND ROYALTON. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 36722375 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 34554488 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -8993088 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -5332271 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 51078 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 51078 |
| IRS990/NetIncomeOrLossGrp/ExclusionAmt | 0 | 192852 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 192852 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 34616 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 34616 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -9224149 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -5563689 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 4200 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 123916 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 128116 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 21567 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 54214 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 75781 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 271892 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 183979 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | LICENSES & PERMITS |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 50 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 29448 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 8453 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 4267 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 29448 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 8453 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4267 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 50 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 357037 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 305785 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 236000 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | TIF REIMBURSEMENT INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | MBT INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | MISCELLANEOUS REVENUE |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 864441 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 100514 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1242605 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1242605 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 864441 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 100514 |
| IRS990/OtherRevenueTotalAmt | 0 | 2207560 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 2689328 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1639121 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3912 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 12753 |
| IRS990/PrincipalOfficerNm | 0 | GREGORY VAUGHN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM LOAN INTEREST AND FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 9213 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 9213 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 509469 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 60 |
| IRS990/PYInvestmentIncomeAmt | 0 | 298554 |
| IRS990/PYOtherExpensesAmt | 0 | 4387974 |
| IRS990/PYOtherRevenueAmt | 0 | 13706080 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 17492 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 10143561 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 4388034 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 14531595 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3660817 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 34616 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1494394 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2512950 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 5083967 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | SINCE ITS INCEPTION, RENAISSANCE DEVELOPMENT FUND HAS WORKED CLOSELY WITH CORNERSTONE ALLIANCE TO FULFILL THEIR STRONGLY-ALIGNED MISSIONS. RENAISSANCE DEVELOPMENT FUND'S OPERATIONS ARE WHOLLY DEPENDENT ON CORNERSTONE ALLIANCE. SPECIFICALLY, THE ENTITY DOES NOT HAVE ITS OWN EMPLOYEES - ALL TASKS ARE COMPLETED BY EMPLOYEES OF THE SUPPORTED ORGANIZATION. ADDITIONALLY, THE ORGANIZATIONS SHARE COMMON DAY-TO-DAY MANAGEMENT, AS THE SAME OFFICERS SUPERVISE/OPERATE EACH ENTITY. THE PURPOSES OF BOTH ORGANIZATIONS ARE ALIGNED IN THE ARTICLES OF INCORPORATION, AND THE INTENT FOR RENAISSANCE DEVELOPMENT FUND TO BE A SUPPORTING ORGANIZATION TO CORNERSTONE ALLIANCE IS CLEAR WITHIN THESE ARTICLES. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION C, LINE 1: |
| IRS990ScheduleA/MajorityDirTrstSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 382772476 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | CORNERSTONE ALLIANCE |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType2Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3937307 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 138783 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 4076090 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 16881665 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 16881665 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 1657581 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 1657581 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 155521 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 146311 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 2900 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 1053 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LINE OF CREDIT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DEFERRED HV DEVELOPMENT COSTS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | SECURITY DEPOSIT - RENTALS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | ACCRUED PROPERTY TAXES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 22476553 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 305785 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 198873 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 5625 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 9810 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | ROBERT CLEVELAND |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | VICE PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 214308 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOTH THE PRESIDENT OF THE ORGANIZATION AND THE ORGANIZATION'S ACCOUNTING CONSULTANT REVIEW THE DRAFT 990. AFTER THEIR REVIEW, MANAGEMENT OF THE ORGANIZATION EMAILS A DRAFT COPY OF THE FORM 990 TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.