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Renaissance Newark Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222281902 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Renaissance Newark Foundation Inc?

The Renaissance Newark Foundation Inc is a nonprofit organization situated in the Newark region. Their primary mission is to foster better relationships between diverse communities and encourage economic growth within this area. They accomplish this by implementing various programs, such as producing a documentary about Newark and undertaking other initiatives. The foundation aims to contribute positively to the social and economic landscape of Newark, striving for inclusivity and development.

Is Renaissance Newark Foundation Inc legitimate?

Renaissance Newark Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Newark Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Renaissance Newark Foundation Inc?

The Renaissance Newark Foundation's mission is centered around fostering better relationships between diverse groups and stimulating economic growth in a particular region. This is achieved through a variety of initiatives, such as the production of a documentary about Newark and other related projects. The organization's goal is to bridge gaps between different communities and contribute to the economic prosperity of the region.

Who is the CEO of Renaissance Newark Foundation Inc?

George Hallock is the Secretary of Renaissance Newark Foundation Inc.

What is the revenue of Renaissance Newark Foundation Inc?

Renaissance Newark Foundation Inc's revenue in 2022 was $164,876.

Who are the executives of Renaissance Newark Foundation Inc and what are their salaries?

There 7 volunteers at Renaissance Newark Foundation Inc.


Here are 8 key members and their salaries:


George Hallock (Secretary)
  • Compensation: $0
  • Related: $199,750
  • Other: $30,071
William Best (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Ferrugia (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Ledford (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Makfinsky (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenifer Mazawey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Terry (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Slater-Stokes (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Renaissance Newark Foundation Inc?

Renaissance Newark Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Renaissance Newark Foundation Inc

The Renaissance Newark Foundation, a nonprofit organization, is dedicated to promoting improved relationships between disparate groups and fostering economic development in the Newark region. To achieve this mission, the foundation implements various programs and initiatives. One of their notable projects involves the production of a documentary about Newark, aiming to foster understanding and unity among different groups within the community. Beyond this, the foundation's efforts extend to promoting economic growth in the region, fostering an environment that encourages development and collaboration.

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Impact




October, 2024

Renaissance Newark Foundation Inc significantly enhances community dynamics and stimulates economic growth in the Newark region. By fostering improved relationships among diverse groups, the foundation actively addresses social cohesion and inclusivity, contributing to a more unified community. Its initiatives, such as the production of a Newark documentary, raise awareness and celebrate the unique narratives that define the city, sowing the seeds for understanding and collaboration among different communities.

Additionally, through targeted economic development programs, the foundation creates opportunities that uplift local businesses and stimulate job creation, ultimately contributing to the economic vitality of Newark. The combination of cultural enrichment and economic empowerment positions the Renaissance Newark Foundation as a crucial player in shaping a brighter future for the region.




This information is meant to be a general summary of Renaissance Newark Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$164,876 (2022)
Expenses
$125,809 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $200
  • Gross Receipts: $231,625

Assets and Liabilities:

  • Total Assets: $211,721
  • Total Liabilities: $5,456
  • Net Assets: $206,265

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Organization Details

Founding Year

1979

Principal Officer

George Hallock

Main Address

60 PARK PLACE 1016, NEWARK, NJ, 07102

NTEE Category

Code: T20B - Philanthropy

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