Skip to content
Nonprofiteer
← URBAN RENAISSANCE PARTNERS INC

Form 990 for tax year 2022

Filed by URBAN RENAISSANCE PARTNERS INC.

Totals

Total revenue
$7,350,980
Total expenses
$4,575,098
Contributions and grants received
$6,782,223
Grants paid
$516,420
Program service revenue
$0
Investment income
$137,632
Other revenue
$431,125
Total assets, end of year
$20,833,913
Total liabilities, end of year
$2,668,085
Net assets or fund balances, end of year
$18,165,828
Program services expenses (Part IX)
$3,878,206
Management and general expenses
$696,892
Fundraising expenses
$0
Program service expenses (Part III)
$3,878,206

Program services were 84.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $6,782,223

  • 1g · Noncash contributions included above

    $782,222

  • 3 · Investment income

    total $137,632 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $431,125

  • 6c · Rental income or loss

    real property $431,125

  • 6d · Net rental income or loss

    total $431,125 · related or exempt $431,125

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $516,420 · program services $516,420

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $195,016 · program services $0 · management and general $195,016 · fundraising $0

  • 11b · Fees: legal

    total $56,093 · program services $0 · management and general $56,093 · fundraising $0

  • 11c · Fees: accounting

    total $17,426 · program services $0 · management and general $17,426 · fundraising $0

  • 13 · Office expenses

    total $58,314 · program services $0 · management and general $58,314 · fundraising $0

  • 20 · Interest

    total $66,478 · program services $0 · management and general $66,478 · fundraising $0

  • 23 · Insurance

    total $80,667 · program services $0 · management and general $80,667 · fundraising $0

  • 24a · Other expenses: Property Management fees

    total $102,959 · program services $102,959 · management and general $0 · fundraising $0

  • 24b · Other expenses: Property Taxes

    total $88,684 · program services $0 · management and general $88,684 · fundraising $0

  • 24c · Other expenses: Registration fees

    total $1,064 · program services $0 · management and general $1,064 · fundraising $0

  • 24d · Other expenses: Contract services

    total $731,258 · program services $598,108 · management and general $133,150 · fundraising $0

  • 24e · All other expenses

    total $2,660,719 · program services $2,660,719 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,066,675 · end of year $649,747

  • 2 · Savings and temporary cash investments

    end of year $19,001

  • 4 · Accounts receivable

    beginning of year $4,801,845 · end of year $34,071

  • 7 · Other notes and loans receivable

    end of year $4,952,464

  • 9 · Prepaid expenses and deferred charges

    end of year $59,145

  • 10a · Land, buildings and equipment: cost or other basis

    $15,631,785

  • 10b · Land, buildings and equipment: accumulated depreciation

    $512,300

  • 10c · Land, buildings and equipment, net

    beginning of year $10,663,364 · end of year $15,119,485

  • 15 · Other assets

    beginning of year $4,560

  • 17 · Accounts payable and accrued expenses

    beginning of year $163,615 · end of year $334,313

  • 23 · Secured mortgages and notes payable

    beginning of year $650,000 · end of year $29,619

  • 25 · Other liabilities

    beginning of year $1,085,640 · end of year $2,304,153

  • 27 · Net assets without donor restrictions

    beginning of year $13,947,294 · end of year $18,146,827

  • 28 · Net assets with donor restrictions

    beginning of year $1,689,895 · end of year $19,001

Mission and programs · 2022

Mission

Urban Renaissance Partners (URP) revitalizes urban neighborhoods and focuses on developing energy efficient, safe and affordable housing on wholistic solutions to persistent social and economic distress. URP works in a collaborative manner and strives to achieve success by targeted, whole block strategies.

Activities or mission (Part I)

Urban Renaissance Partners (URP) revitalizes urban neighborhoods with a focus on developing energy efficient, safe and affordable housing and on wholistic solutions to persistent social and economic distress. URP works in a collaborative manner and strives to achieve success by targeted, whole block strategies

  • URP works diligently to aquire real estate in target areas opportunistically with a goal of preserving affordability and developable lots for single family, multifamily or commercial development. In 2022 URP invested $5 million in aquisition, rehabilitation and upkeep of properties that are either rented or held for development in alignment with our mission.

    Expenses $3,878,206 · Grants $516,420 · Revenue $7,350,980

As filed on the 2022 return.

Listed in Part VII

  • Archie Willis III

    President

    Total calculated
    $0
    Hours/week
    1

  • Steve Barlow

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Roshun Austin

    Treasurer

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
6 September 2023
IRS schema version
2022v5.0
Source object
202342499349301759

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.