Renaissance West Community Initiative

Organization Overview

Renaissance West Community Initiative is located in Charlotte, NC. The organization was established in 2010. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Renaissance West Community Initiative employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance West Community Initiative 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, Renaissance West Community Initiative generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. 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

TO PROMOTE A COLLABORATIVE COMMUNITY CENTERED ON QUALITY HOUSING, EDUCATION, HEALTH, WELLNESS, & OPPORTUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WITH THE COMMITMENT OF BREAKING THE CYCLE OF INTERGENERATIONAL POVERTY BY IMPROVING ECONOMIC MOBILITY, RENAISSANCE WEST COMMUNITY INITIATIVE (RWCI) LEADS THE REVITALIZATION OF A COMMUNITY IN WEST CHARLOTTE (NC). AS A MEMBER OF THE PURPOSE BUILT COMMUNITIES NETWORK, OUR COMPREHENSIVE, PLACE-BASED APPROACH IS CENTERED ON COMMUNITY INVESTMENT STRATEGIES THAT EMPOWER THE NEIGHBORHOOD BY FOCUSING ON EDUCATIONAL ADVANCEMENT, HOUSING STABILITY, INCOME STABILITY AND HEALTH EQUITY. RWCI'S REVITALIZATION FRAMEWORK ENCOMPASSES MIXED-INCOME HOUSING, A CRADLE-TO-CAREER EDUCATION CONTINUUM AND SUPPORTIVE SERVICES FOR INDIVIDUALS AND FAMILIES. THE COMMUNITY IS COMPRISED OF 1,300 RESIDENTS (THE RENAISSANCE AND LITTLE ROCK APARTMENTS) AND INCLUDES 334 UNITS OF FAMILY AND SENIOR HOUSING. THE CAMPUS ALSO INCLUDES A HIGH-QUALITY CHILD DEVELOPMENT CENTER, A PRE-K THRU 8 PUBLIC SCHOOL WITH A STEAM FOCUS AND A COMMUNITY CENTER. LIFE NAVIGATION AND WRAPAROUND SUPPORTS INCLUDE CASE MANAGEMENT/CARE COORDINATION, EARLY CHILDHOOD INTERVENTIONS, ACADEMIC SUPPORT ADULT/SECONDARY EDUCATION, FINANCIAL AND DIGITAL LITERACY, JOB TRAINING, HOMEBUYER EDUCATION AND COMMUNITY WELLNESS .2020 WAS MARKED BY THE OVERWHELMING PHYSICAL AND ECONOMIC EFFECTS OF THE PANDEMIC AND AMPLIFIED THE FINANCIAL STRESS, EDUCATION GAPS AND DIGITAL DIVIDE IN OUR COMMUNITY. JOB/INCOME LOSS, CLOSING OF SCHOOLS AND HEALTH CONCERNS, EXACERBATED THE HARDSHIPS OF OUR MOST VULNERABLE RESIDENTS. RWCI WORKED WITH OUR PARTNERS TO PROVIDE FREE COMMUNITY WIFI FOR FAMILIES AND STUDENTS LEARNING REMOTELY, PARTNERED WITH LOCAL HEALTHCARE SYSTEMS TO PROVIDE COVID-19 SCREENINGS, TESTING, EDUCATION AND MASKS FOR RESIDENTS, PARTNERED WITH FOOD SECURITY PARNTERS AND LOCAL GROCERY PARTNERS FOR WEEKLY MOBILE FOOD MARKETS AND INCREASED ACCESS TO MENTAL HEALTH COUNSELING AND SERVICES WHILE CONTINUING TO DELIVER OUR SUPPORTIVE SERVICES AND PROGRAMMING DURING THE PANDEMIC. EQUITABLE ACCESS TO EDUCATION, EMPLOYMENT, HEALTHCARE, SAFETY AND AFFORDABLE HOUSING ARE THE CORNERSTONES OF A THRIVING COMMUNITY. AS THE COMMUNITY QUARTERBACK, RWCI ENSURES ACCESS TO PROGRAMMING AND SERVICES THAT ADVANCE THE EDUCATIONAL, HOUSING AND EMPLOYMENT GOALS OF INDIVIDUALS AND FAMILIES WHILE ALSO FOSTERING COMMUNITY LEADERSHIP AND INCREASING THEIR SOCIAL CAPITAL.


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Board, Officers & Key Employees

Name (title)Compensation
William H Mcdonald Jr
Chief Executive Officer
$159,013
Matt Hawkins
Chair
$0
Trent Legare
Vice Chair
$0
Clare Jansson
Secretary
$0
Renee Kosofsky
Treasurer
$0
William E Bill Currens
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Miles-mcclellan Construction Co
Construction For The Hlcdc Preschool
$1,308,914
Ymca Of Greater Charlotte
Per Contract-operation Expenses For Pre-
$1,149,160
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$328,839
Membership dues$0
Fundraising events$99,050
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,725,479
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,153,368
Total Program Service Revenue$0
Investment income $2,543
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$21,978
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,133,933

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Renaissance West Community Initiative has recieved totaling $8,286.

Awarding OrganizationAmount
Janes Fund

Charlotte, NC

PURPOSE: CAMP EXPERIENCES & ACADEMIC REWARD PARTY FOR STUDENTS & STAFF APPRECIATION.

$8,286
View Grant Recipient Profile

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