Civic Intelligence

Renaissance Development Fund

990 • Fiscal year 2021 • EIN 38-3367429

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 09, 2023

Organization ProfileN/A
80 W Main StreetBenton Harbor, MI 49022

(269) 757-0201

Siviq Scores

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

Liabilities / Assets

97th percentile

1.22x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

11.66x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

7th percentile

-24%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$271,837

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

6th percentile

-9.9%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-59%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$26,943,889

Down $2,974,699 (-9.9%) from 2020

Net Assets

Down

-$6,021,190

Down $688,919 (-13%) from 2020

Liabilities

Down

$32,965,079

Down $2,285,780 (-6.5%) from 2020

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin7th percentile

Revenue

Down

$2,827,375

Down $4,089,003 (-59%) from 2020

Expenses

Up

$3,516,294

Up $260,733 (+8.0%) from 2020

Net Income

Down

-$688,919

Down $4,349,736 (-119%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$100M$50M$0-$50MAssets 2010: $68,596,991Liabilities 2010: $66,184,913Net Assets 2010: $2,412,0782010Assets 2011: $74,327,213Liabilities 2011: $77,928,052Net Assets 2011: -$3,600,8392011Assets 2012: $85,877,954Liabilities 2012: $88,243,868Net Assets 2012: -$2,365,9142012Assets 2013: $71,591,843Liabilities 2013: $76,039,633Net Assets 2013: -$4,447,7902013Assets 2014: $71,353,063Liabilities 2014: $74,750,691Net Assets 2014: -$3,397,6282014Assets 2015: $63,907,669Liabilities 2015: $71,887,676Net Assets 2015: -$7,980,0072015Assets 2016: $56,038,998Liabilities 2016: $63,706,957Net Assets 2016: -$7,667,9592016Assets 2017: $69,680,956Liabilities 2017: $86,185,605Net Assets 2017: -$16,504,6492017Assets 2018: $63,466,471Liabilities 2018: $82,399,735Net Assets 2018: -$18,933,2642018Assets 2019: $28,671,588Liabilities 2019: $37,664,676Net Assets 2019: -$8,993,0882019Assets 2020: $29,918,588Liabilities 2020: $35,250,859Net Assets 2020: -$5,332,2712020Assets 2021: $26,943,889Liabilities 2021: $32,965,079Net Assets 2021: -$6,021,1902021Assets 2022: $22,142,034Liabilities 2022: $32,345,602Net Assets 2022: -$10,203,5682022Assets 2023: $20,236,384Liabilities 2023: $29,543,621Net Assets 2023: -$9,307,2372023Assets 2024: $19,841,908Liabilities 2024: $27,897,571Net Assets 2024: -$8,055,6632024

Highlighted filing

2021

Assets$26,943,889
Liabilities$32,965,079
Net Assets-$6,021,190
Open 2021 Filing

Operations Trend

Revenue Growth3rd percentile

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

$20M$10M$0-$10MExpenses 2010: $4,786,7772010Expenses 2011: $6,414,3652011Expenses 2012: $6,885,1132012Revenue 2013: $17,136,640Expenses 2013: $7,539,996Net Income 2013: $9,596,6442013Revenue 2014: $7,891,980Expenses 2014: $6,272,046Net Income 2014: $1,619,9342014Revenue 2015: $3,341,075Expenses 2015: $5,615,154Net Income 2015: -$2,274,0792015Revenue 2016: $836,254Expenses 2016: $1,913,647Net Income 2016: -$1,077,3932016Revenue 2017: $882,106Expenses 2017: $4,248,796Net Income 2017: -$3,366,6902017Revenue 2018: $2,098,010Expenses 2018: $4,316,009Net Income 2018: -$2,217,9992018Revenue 2019: $14,531,595Expenses 2019: $4,388,034Net Income 2019: $10,143,5612019Revenue 2020: $6,916,378Expenses 2020: $3,255,561Net Income 2020: $3,660,8172020Revenue 2021: $2,827,375Expenses 2021: $3,516,294Net Income 2021: -$688,9192021Revenue 2022: $2,743,175Expenses 2022: $2,820,695Net Income 2022: -$77,5202022Revenue 2023: $5,877,883Expenses 2023: $3,204,065Net Income 2023: $2,673,8182023Revenue 2024: $4,163,048Expenses 2024: $3,861,069Net Income 2024: $301,9792024

Highlighted filing

2021

Revenue$2,827,375
Expenses$3,516,294
Net Income-$688,919
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 9, 2023
Return Version
2021v4.2
Gross Receipts
$3,681,955
Mission and Program Overview

Mission

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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,476,553$21,668,484▼ $808,069
Cash and Non-Interest-Bearing Accounts$5,083,967$4,483,249▼ $600,718
Accounts Receivable$522,215$407,771▼ $114,444
Other Notes and Loans Receivable, Net$1,639,121$379,227▼ $1,259,894
Prepaid Expenses and Deferred Charges$12,753$5,158▼ $7,595
Total Assets$29,918,588$26,943,889▼ $2,974,699
Other Assets Total$183,979$0▼ $183,979
Liabilities
Mortgage Notes Payable Secured by Investment Property$34,554,488$32,578,710▼ $1,975,778
Accounts Payable and Accrued Expenses$390,586$337,292▼ $53,294
Other Liabilities$305,785$49,077▼ $256,708
Total Liabilities$35,250,859$32,965,079▼ $2,285,780
Net Assets / Fund Balance
Net Assets With Donor Restrictions$231,418$232,087▲ $669
Net Assets Without Donor Restrictions$-5,563,689$-6,253,277▼ $689,588
Total Net Assets Fund Balance$-5,332,271$-6,021,190▼ $688,919
Total Liabilities and Net Assets / Fund Balance$29,918,588$26,943,889▼ $2,974,699

Asset Categories

AssetBook ValueDepreciationBasis
Land$16,881,665-$16,881,665
Leasehold Improvements$1,657,581-$1,657,581
Buildings$3,129,238$168,159-
Compensation and Service Providers
Top Officer Pay56th percentile

Board Members and Trustees

NameTitle
Alan BerryPresident
Robert ClevelandVice President/treasurer
David BlyDirector
Ken AnkliDirector
Kim VincentDirector
Stacey StephensDirector
Stephanie Scott-simsDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Evergreen Development CompanyManagement Service400 REVIEWVIEW DR, Benton Harbir, MI 49022$645,001
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$445,167
Investment Income
$669
Other Revenue
$2,381,539
Change in Net Assets
$-688,919

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,827,375
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,827,375
Total Revenue per Form 990
$2,827,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,516,294
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,343,011--$1,343,011
Fees for Services Management-$645,001-$645,001
Occupancy$100,077$19,275-$119,352
Fees for Services Other$9,943$103,170-$113,113
Office Expenses$42,975$41,110-$84,085
Advertising-$82,931-$82,931
Depreciation Depletion$50,000$29,376-$79,376
Fees for Services Legal-$54,865-$54,865
Insurance-$35,886-$35,886
Fees for Services Accounting-$25,691-$25,691
Other Expenses$0$16,550-$16,550
Total Functional Expenses$1,875,953$1,640,341$0$3,516,294

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,516,294
Total Expenses per Audited Statements$3,516,294
Total Expenses per Form 990$3,516,294
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Hv Development Costs$46,177
Security Deposit$2,900
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 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board does not review before filing, key members of management review the 990 prior to filing.”

Form 990, Part VI, Section B, Line 15

“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 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.”

Form 990, Part VI, Section C, Line 19

“Governing documents and conflict of interest policy are not available for public inspection. Financial statements are summarized in an annual report which is available to the public”

Filing and Contact Details

Filer

Filer Name
Renaissance Development Fund
EIN
38-3367429
Phone
2697570201
Address
80 W MAIN STREET, BENTON HARBOR, MI 49022

Signing Officer

Name
Rob Cleveland
Title
Vice President
Phone
2697570201
Signed
2023-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rob Cleveland
Formed
1997
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Kruggel Lawton & Company LLC
Address
526 UPTON DRIVE, ST JOSEPH, MI 49085
Preparer
Robert Alex Schaeffer
Phone
2699830131
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The audit oversight and selection processes have not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a non-for-profit corporation and its tax exempt from under the provisions of internal revenue code section 501 (c)(3). Accordingly, contributions to the organization are deductible by the donor for federal income tax purposes. The wholly owned llcs are disregarded for tax purposes and are combined with the tax-exempt organization. Gaap requires management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service or other applicable taxing authorities. Management has analyzed the tax positions taken by the organization and has concluded that, as of december 31, 2021, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 529 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/BOYAmt0390586
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0337292
IRS990/AccountsReceivableGrp/BOYAmt0522215
IRS990/AccountsReceivableGrp/EOYAmt0407771
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE 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/ManagementAndGeneralAmt082931
IRS990/AdvertisingGrp/TotalAmt082931
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum02697570201
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt080 W MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BENTON HARBOR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049022
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt05083967
IRS990/CashNonInterestBearingGrp/EOYAmt04483249
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0645001
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0400 REVIEWVIEW DR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BENTON HARBIR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd049022
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0EVERGREEN DEVELOPMENT COMPANY
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVICE
IRS990/CostOfGoodsSoldAmt0854580
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0669
IRS990/CYOtherExpensesAmt03516294
IRS990/CYOtherRevenueAmt02381539
IRS990/CYProgramServiceRevenueAmt0445167
IRS990/CYRevenuesLessExpensesAmt0-688919
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03516294
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02827375
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt029376
IRS990/DepreciationDepletionGrp/ProgramServicesAmt050000
IRS990/DepreciationDepletionGrp/TotalAmt079376
IRS990/Desc0RENAISSANCE DEVELOPMENT FUND IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH FOR THE CITIES OF BENTON HARBOR, MICHIGAN AND ST. JOSPEH, 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 RECEIVABLES 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/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0231418
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0232087
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01875953
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025691
IRS990/FeesForServicesAccountingGrp/TotalAmt025691
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt054865
IRS990/FeesForServicesLegalGrp/TotalAmt054865
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0645001
IRS990/FeesForServicesManagementGrp/TotalAmt0645001
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0103170
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09943
IRS990/FeesForServicesOtherGrp/TotalAmt0113113
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT CLEVELAND
IRS990/Form990PartVIISectionAGrp/PersonNm1ALAN BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm2KEN ANKLI
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID BLY
IRS990/Form990PartVIISectionAGrp/PersonNm4STEPHANIE SCOTT-SIMS
IRS990/Form990PartVIISectionAGrp/PersonNm5STACEY STEPHENS
IRS990/Form990PartVIISectionAGrp/PersonNm6KIM VINCENT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0271837
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03681955
IRS990/GrossRentsGrp/RealAmt033480
IRS990/GrossSalesOfInventoryAmt01567220
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt035886
IRS990/InsuranceGrp/TotalAmt035886
IRS990/InterestGrp/ProgramServicesAmt01343011
IRS990/InterestGrp/TotalAmt01343011
IRS990/InvestmentIncomeGrp/ExclusionAmt0669
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0669
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0168159
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022476553
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021668484
IRS990/LandBldgEquipCostOrOtherBssAmt021836643
IRS990/LegalDomicileStateCd0MI
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt034554488
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt032578710
IRS990/NetAssetsOrFundBalancesBOYAmt0-5332271
IRS990/NetAssetsOrFundBalancesEOYAmt0-6021190
IRS990/NetIncomeOrLossGrp/ExclusionAmt0712640
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0712640
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt033480
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt033480
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-5563689
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-6253277
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt019275
IRS990/OccupancyGrp/ProgramServicesAmt0100077
IRS990/OccupancyGrp/TotalAmt0119352
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041110
IRS990/OfficeExpensesGrp/ProgramServicesAmt042975
IRS990/OfficeExpensesGrp/TotalAmt084085
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0183979
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS AND OTHER
IRS990/OtherExpensesGrp/Desc2PROPERTY DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3SALES & USE TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0509395
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt177091
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt316550
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt1256219
IRS990/OtherExpensesGrp/ProgramServicesAmt273728
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0509395
IRS990/OtherExpensesGrp/TotalAmt1333310
IRS990/OtherExpensesGrp/TotalAmt273728
IRS990/OtherExpensesGrp/TotalAmt316550
IRS990/OtherLiabilitiesGrp/BOYAmt0305785
IRS990/OtherLiabilitiesGrp/EOYAmt049077
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/BusinessCd1999999
IRS990/OtherRevenueMiscGrp/Desc0TIF REIMBURSEMENT INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0297320
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01338099
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01338099
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1297320
IRS990/OtherRevenueTotalAmt01635419
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01639121
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0379227
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012753
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05158
IRS990/PrincipalOfficerNm0ROB CLEVELAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0445167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0445167
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04211297
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0260840
IRS990/PYOtherExpensesAmt03255561
IRS990/PYOtherRevenueAmt02435028
IRS990/PYProgramServiceRevenueAmt09213
IRS990/PYRevenuesLessExpensesAmt03660817
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03255561
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06916378
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-688919
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt033480
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01816746
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SINCE 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/FormAndLineReferenceDesc0PART IV, SECTION C, LINE 1:
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0382772476
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CORNERSTONE ALLIANCE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03129238
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0168159
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03297397
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03516294
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt016881665
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016881665
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01657581
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01657581
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt146177
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED HV DEVELOPMENT COSTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02827375
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NON-FOR-PROFIT CORPORATION AND ITS TAX EXEMPT FROM UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501 (C)(3). ACCORDINGLY, CONTRIBUTIONS TO THE ORGANIZATION ARE DEDUCTIBLE BY THE DONOR FOR FEDERAL INCOME TAX PURPOSES. THE WHOLLY OWNED LLCS ARE DISREGARDED FOR TAX PURPOSES AND ARE COMBINED WITH THE TAX-EXEMPT ORGANIZATION. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021668484
IRS990ScheduleD/TotalExpensesPerForm990Amt03516294
IRS990ScheduleD/TotalLiabilityAmt049077
IRS990ScheduleD/TotalRevenuePerForm990Amt02827375
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02827375
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03516294
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0271837
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT CLEVELAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0271837
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD DOES NOT REVIEW BEFORE FILING, KEY MEMBERS OF MANAGEMENT REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION 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 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE FOR PUBLIC INSPECTION. FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT WHICH IS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AUDIT OVERSIGHT AND SELECTION PROCESSES HAVE NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0RENAISSANCE DEVELOPMENT FUND
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1RENAISSANCE DEVELOPMENT FUND
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0HARBOR SHORES FINANCE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1HARBOR SHORES COMMUNITY REDEVELOPMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0263368306
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1263368308
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt097751
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt124833377
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1MI
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0LENDING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt035869
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt13098052
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0400 RIVERVIEW DRIVE SUITE 420

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,943,889
Liabilities
$32,965,079
Net assets
-$6,021,190
Revenue
$2,827,375
Expenses
$3,516,294
Net income
-$688,919
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$27.9$8.06$4.16$3.86$0.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$29.5$9.31$5.88$3.20$2.67
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$32.3$10.2$2.74$2.82$0.08
2021Detailed filing. Detailed filing data is available for this year.$26.9$33.0$6.02$2.83$3.52$0.69
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.9$35.3$5.33$6.92$3.26$3.66
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$37.7$8.99$14.5$4.39$10.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.5$82.4$18.9$2.10$4.32$2.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.7$86.2$16.5$0.88$4.25$3.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.0$63.7$7.67$0.84$1.91$1.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.9$71.9$7.98$3.34$5.62$2.27
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.4$74.8$3.40$7.89$6.27$1.62
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$71.6$76.0$4.45$17.1$7.54$9.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.9$88.2$2.37$6.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.3$77.9$3.60$6.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.6$66.2$2.41$4.79
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $25M-$50M nonprofits