Foundation For The Uptown Reinvestment Corporation

Organization Overview

Foundation For The Uptown Reinvestment Corporation is located in Flint, MI. The organization was established in 2005. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For The Uptown Reinvestment Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Foundation For The Uptown Reinvestment Corporation generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $5.2m during the year ending 12/2021. While expenses have increased by 13.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING THE UPTOWN REINVESTMENT CORPORATION (501(C)(3) ORGANIZATION) IN ITS MISSION OF PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN DOWNTOWN, FLINT, MICHIGAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO AND EXPENSES PAID ON BEHALF OF THE UPTOWN REINVESTMENT CORPORATION


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Board, Officers & Key Employees

Name (title)Compensation
Greg Viener
Chair/secretary
$0
Deborah Cherry
Treasurer
$0
Jack Stock
Vice President
$0
Tim Herman
President
$0
Loyst Fletcher
Director
$0
Isaiah Oliver
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,455,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,455,000
Total Program Service Revenue$0
Investment income $12
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,455,012

Grants Awarded

Over the last fiscal year, Foundation For The Uptown Reinvestment Corporation has awarded $2,082,757 in support to 2 organizations.

Grant RecipientAmount

UPTOWN REINVESTMENT CORP

Org PageRecipient Profile

Flint, MI

PURPOSE: GENERAL

$1,932,757

FLINT FARMERS MARKET

PURPOSE: GENERAL

$150,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Foundation For The Uptown Reinvestment Corporation has recieved totaling $17,630,000.

Awarding OrganizationAmount
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO SUPPORT THE EXPANSION OF MICHIGAN STATE UNIVERSITY'S DOWNTOWN FLINT CAMPUS FOOTPRINT FOR ADDITIONAL PUBLIC HEALTH EXPERTISE AND ENHANCED VIBRANCY OF THE HEALTH AND WELLNESS DISTRICT.

$10,800,000
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO SUPPORT THE EXPANSION OF MICHIGAN STATE UNIVERSITY'S DOWNTOWN FLINT CAMPUS FOOTPRINT FOR ADDITIONAL PUBLIC HEALTH EXPERTISE AND ENHANCED VIBRANCY OF THE HEALTH AND WELLNESS DISTRICT.

$3,000,000
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO ACQUIRE AND DEMOLISH BLIGHTED PROPERTIES IN ORDER TO ALLOW FOR REDEVELOPMENT IN AN ECONOMICALLY DISADVANTAGED PART OF THE CITY.

$1,125,000
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO PROVIDE SUPPORT TO BUILD ORGANIZATIONAL CAPACITY TO DELIVER ECONOMIC DEVELOPMENT SERVICES THAT EXPAND AND DIVERSIFY FLINT'S EMPLOYMENT BASE.

$910,000
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO SUPPORT THE REDEVELOPMENT OF A BLIGHTED BUILDING AND ADJACENT PARCELS THAT WILL REACTIVATE THE PROPERTY AND INCREASE ACCESS TO RECREATIONAL ACTIVITIES ON THE FLINT RIVER.

$535,000
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO ACQUIRE AND DEMOLISH BLIGHTED PROPERTIES IN ORDER TO ALLOW FOR REDEVELOPMENT IN AN ECONOMICALLY DISADVANTAGED PART OF THE CITY.

$375,000
View Grant Recipient Profile

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