Dundalk Renaissance Corporation
- Assets
- $1.8m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Baltimore, MD
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 52-2306483
Organization Overview
Dundalk Renaissance Corporation is located in Baltimore, MD. The organization was established in 2001. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Dundalk Renaissance Corporation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dundalk Renaissance 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, Dundalk Renaissance Corporation generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 6.4% 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.
Since 2020, Dundalk Renaissance Corporation has awarded 21 individual grants totaling $682,351. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO REVITALIZE THE GREATER DUNDALK AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING INITIATIVETHE DRC SPURS INVESTMENTS BY CURRENT HOMEOWNERS THROUGH A RENOVATION LOAN PROGRAM, CURB APPEAL FACADE GRANTS, AND AN ENERGY RETROFIT GRANT PROGRAM. THE DRC RENOVATES HOUSES FOR SALE TO NEW HOMEOWNERS AND PARTNERS WITH SMALL DEVELOPERS TO INCENTIVIZE THEM TO RENOVATE MORE HOMES FOR HOMEOWNERSHIP, BOOSTING THE SUPPLY OF RENOVATIONS BUYERS WANT, BOOSTING APPRAISED VALUES BY ENABLING RENOVATIONS TO SERVE AS COMPARABLE FOR EACH OTHER, AND BOOSTING HOME VALES.
MAIN STREET AND COMMUNITY ENGAGEMENTTHE DRC ENGAGES LOCAL LEADERS TO WORK TOGETHER TO IMPROVE THEIR STREETS AND NEIGHBORHOODS AND TO IDENTIFY NEEDS FOR NEW PROGRAMS. DRC'S MAIN STREET IMPROVEMENT ACTIVITIES INCLUDE A COMMERICAL IMPROVEMENT GRANT PROGRAM, BUSINESS INCUBATION ACTIVITIES INCLUDING POP-UP SHOPS AND MENTORING, AND HOSTING AND/OR PROMOTING COMMUNITY BUILDING EVENTS INCLUDING FAMILY FALL FESTIVAL, HOLIDAY HOOPLA, AND THE MAKERS MARKET THAT BRING PEOPLE TO THE MAIN STREET TO SHOP AND RECONNECT WITH ONE ANOTHER.
MARKETING DUNDALKTHE DRC WORKS TO ATTRACT DUNDALK'S NEXT GENERATION THROUGH A SERIES OF EVENTS THAT SHOW OFF THE COMMUNITY'S 24 UNIQUE NEIGHBORHOODS AND THEIR VARIETY OF HOUSING TYPES AND PRICE POINTS. HOME PURCHASE INCENTIVE GRANTS ATTRACT BUYER'S ATTENTION, AND OUR WIDE RANGE OF PARTNERS INCLUDING LENDERS, REAL ESTATE PROFESSIONALS AND HOUSING COUNSELING AGENCIES ASSIST AN ECONOMICALLY, RACIALLY, AND ETHNICALLY DIVERSE GROUP OF HOME BUYERS IN CHOOSING DUNDALK. WE HAVE NOW ASSISTED OVER 100 MIDDLE-INCOME HOUSEHOLDS WITH GRANTS TO HELP THEM BUY INTO DUNDALK,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Menzer Executive Director | Officer | 40 | $75,000 |
Dawn Dishon-Feuer Treasurer | OfficerTrustee | 2 | $0 |
Corey D Edwards Vice President | OfficerTrustee | 2 | $0 |
Dan Dawes President | OfficerTrustee | 2 | $0 |
Tasha Gresham-James Deputy Director | Officer | 2 | $0 |
H Edward Parker Emeritus Director (non-Vot | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,102,113 |
| All other contributions, gifts, grants, and similar amounts not included above | $255,754 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,357,867 |
| Total Program Service Revenue | $4 |
| Investment income | $0 |
| 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 | $1,357,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $473,084 |
| Grants and other assistance to domestic individuals. | $131,452 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,862 |
| Compensation of current officers, directors, key employees. | $13,286 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $196,487 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,262 |
| Payroll taxes | $29,064 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,176 |
| Advertising and promotion | $0 |
| Office expenses | $9,137 |
| Information technology | $27,330 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $975 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,946 |
| Insurance | $6,670 |
| All other expenses | $5,620 |
| Total functional expenses | $1,463,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,222 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $180,871 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $559,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $824,234 |
| Total assets | $1,842,250 |
| Accounts payable and accrued expenses | $61,482 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $61,482 |
| Net assets without donor restrictions | $1,361,034 |
| Net assets with donor restrictions | $419,734 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,842,250 |
Grants Awarded
Over the last fiscal year, Dundalk Renaissance Corporation has awarded $224,851 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
SIGNARAMA PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT | $36,646 |
LAWRENCE AVARA INDUSTRY PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT | $25,000 |
DUDE'S SNACK ATTACK PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT | $25,000 |
THEN & AGAIN PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT | $25,000 |
PINLAND BOWLING LANES PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT | $23,509 |
NATURE'S IMAGE PURPOSE: MAIN STREET AND COMMUNITY ENGAGEMENT | $15,532 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dundalk Renaissance Corporation has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
The United Way Of Central Maryland Inc Baltimore, MD PURPOSE: DESIGNATED AND OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $20,000 |
Baltimore Community Foundation Inc Baltimore, MD PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usw District 10 Local 286 Welfare Trust Fund Philadelphia, PA | $8,668,111 | $17,307,586 |
Garrett County Maryland Community Action Committee Inc Oakland, MD | $23,823,939 | $14,024,119 |
Strong City Baltimore Baltimore, MD | $3,607,626 | $14,803,870 |
Visit Baltimore Inc Baltimore, MD | $13,591,522 | $23,022,151 |
Liberty Lutheran Housing Development Corporation State College, PA | $52,974,358 | $15,701,429 |
Mountainheart Community Servces Inc Oceana, WV | $5,735,709 | $13,660,570 |
Allegany County Human Resources Development Commission Inc Cumberland, MD | $11,830,782 | $13,688,639 |
Fusion Partnerships Inc Baltimore, MD | $7,468,833 | $16,079,107 |
University City District Philadelphia, PA | $9,386,670 | $9,712,200 |
Hemlock Farms Community Association Lords Valley, PA | $26,523,624 | $12,038,926 |
Coalfield Community Action Partnership Inc Williamson, WV | $5,496,204 | $10,777,426 |
Allegheny Conference On Community Development Pittsburgh, PA | $14,597,444 | $7,655,898 |