Legacy Midwest Renewal Corporation
- Assets
- $34.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/2005
- Data as of
- 12/2017
- EIN
- 37-1487714
Organization Overview
Legacy Midwest Renewal Corporation is located in Milwaukee, WI. The organization was established in 2005. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Midwest Renewal 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 12/2017, Legacy Midwest Renewal Corporation generated $11.8k in total revenue. All expenses for the organization totaled $11.1k during the year ending 12/2017.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
REAL ESTATE DEVELOPMENT SERVICES GENERALLY INCLUDING BUT NOT LIMITED TO ACQUISITIONS, NEW PROJECT DEVELOPMENT, ACQUISITION/ REHABILITATION OF EXISTING PROJECTS AND SUBDIVISION DEVELOPMENT; PROJECT DUE DILIGENCE AND PREPARATION OF FINANCIAL PROJECTIONS; FINDING AND ARRANGING FINANCING; NEGOTIATING AGREEMENTS WITH POTENTIAL DEVELOPMENT PARTNERS AND EQUITY INVESTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally R Peltz President | 1 | $0 | |
John A Erich ESQ Director | 1 | $0 | |
Arthur T Phillips ESQ Vice President | 1 | $0 | |
Troy Reese Treas/sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $11,675 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,776 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,071 |
| Total expenses | $11,071 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,688 |
| Other assets | $0 |
| Total assets | $34,788 |
| Total liabilities | $16,468 |
| Net assets or fund balances | $18,320 |