Uptown Reinvestment Corporation Inc

Organization Overview

Uptown Reinvestment Corporation Inc is located in Flint, MI. The organization was established in 2000. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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.

For the year ending 09/2019, Uptown Reinvestment Corporation Inc generated $13.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $2.4m during the year ending 09/2019. As we would expect to see with falling revenues, expenses have declined by (37.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III LINE 1 DESCRIPTION

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PROMOTION OF ECONOMIC GROWTH, EMPLOYMENT, AND DEVELOPMENT IN THE DOWNTOWN FLINT BUSINESS DISTRICT BY:* OFFERING FINANCIAL AND TECHNICAL ASSISTANCE THROUGH PROCUREMENT OF PRIVATE INVESTMENT CAPITAL AND FEDERAL AND STATE GRANTS* ACQUIRING AND REVITALIZING UNDER UTILIZED COMMERCIAL REAL ESTATE


THE PROMOTION OF ECONOMIC GROWTH, EMPLOYMENT, AND DEVELOPMENT IN THE DOWNTOWN FLINT BUSINESS DISTRICT BY:* OPERATING AND SUPPORTING THE OPERATIONS OF THE LOCAL FARMERS' MARKET LOCATED IN DOWNTOWN FLINT


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Board, Officers & Key Employees

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

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Flint & Genesse Chamber Of Commerce
Admin Support
$593,074
Jhohman Llc
Security Service
$231,129
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$11,397,178
Investment income $91,320
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $962,079
Net Gain/Loss on Asset Sales $36,847
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,804,257

Grants Awarded

Over the last fiscal year, Uptown Reinvestment Corporation Inc has awarded $1,676,518 in support to 2 organizations.

Grant RecipientAmount

FLINT COMMUNITY SCHOOL DISTRICT

PURPOSE: EARLY CHILDHOOD DEV

$1,480,035

RED INK FLINT INC

PURPOSE: YOUTH ARTS VENUE

$196,483
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Uptown Reinvestment Corporation Inc has recieved totaling $3,047,666.

Awarding OrganizationAmount
Flint Cultural Center Corporation Inc

Flint, MI

PURPOSE: DEVELOPMENT OF ARTS

$1,472,609
Flint Cultural Center Corporation Inc

Flint, MI

PURPOSE: DEVELOPMENT OF ARTS

$1,472,609
Fair Food Network

Ann Arbor, MI

PURPOSE: FUND DOUBLE VALUE COUPONS TO BE USED BY AREA RESIDENTS FOR PRODUCE

$102,448
View Grant Recipient Profile

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