nonprofit logo

Renaissance West Community Initiative

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

EIN: 271396021 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

Overview

What is Renaissance West Community Initiative?

The Renaissance West Community Initiative (RWCI) is a nonprofit organization situated in Charlotte, North Carolina, dedicated to breaking the cycle of intergenerational poverty and enhancing economic mobility. Serving a community in West Charlotte, RWCI is a member of the Purpose Built Communities Network, employing a comprehensive, place-based approach. This strategy focuses on community investment, prioritizing educational advancement, housing stability, income stability, and health equity. The initiative's revitalization framework includes mixed-income housing, a cradle-to-career education continuum, and supportive services for individuals and families. RWCI's community comprises 1,300 residents, featuring high-quality child development centers, schools, and a community center. Life navigation and wraparound supports include case management, academic support, financial literacy, job training, and community wellness programs. In 2022, RWCI saw significant progress, including increased neighborhood participation, a successful homebuyer program, and academic achievements. Despite ongoing challenges, RWCI continues to serve as a community quarterback, promoting a collaborative environment centered on quality housing, education, health, and opportunity.


Official website here: www.rwci.org/

Is Renaissance West Community Initiative legitimate?

Renaissance West Community Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance West Community Initiative 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.

Here are some key statistics you may want to consider:

Executive Compensation: $198,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,100,324

For more financial information, click here


Official website here: www.rwci.org/

What is the mission statement of Renaissance West Community Initiative?

The Renaissance West Community Initiative aims to establish a collaborative community focused on quality housing, education, health, and wellness opportunities. Their mission is to break the cycle of intergenerational poverty by improving economic mobility. They accomplish this through comprehensive, place-based strategies that prioritize educational advancement, housing stability, income stability, and health equity. The initiative's revitalization framework includes mixed-income housing, a cradle-to-career education continuum, and supportive services for individuals and families. The community, consisting of 1,300 residents, features a high-quality child development center, a public school with a STEM focus, and a community center. The initiative provides life navigation and wraparound supports, including case management, academic support, financial and digital literacy, job training, and community wellness programs. In 2022, the initiative saw significant progress and numerous accomplishments, such as increased neighbor participation and a successful homebuyer program. Despite challenges, the initiative's holistic approach and desire to extend services to more neighbors reinforce its critical role as a community quarterback.


Official website here: www.rwci.org/

Who is the CEO of Renaissance West Community Initiative?

William Mcdonald Jr is the Board Chair of Renaissance West Community Initiative. The CEO's salary of Renaissance West Community Initiative is $145,898 and their total compensation is $170,262.


Official website here: www.rwci.org/

What is the revenue of Renaissance West Community Initiative?

Renaissance West Community Initiative's revenue in 2022 was $2,280,149.


Official website here: www.rwci.org/

Who are the executives of Renaissance West Community Initiative and what are their salaries?

The average compensation at Renaissance West Community Initiative during 2022 was $37,113. There are 35 employees and 100 volunteers at Renaissance West Community Initiative.

Here are 18 key members and their salaries (Renaissance West Community Initiative's CEO's salary is $145,898 and their total compensation is $170,262):

    William H Mcdonald Jr (Chief Executive Officer)
  • Compensation: $145,898
  • Related: $0
  • Other: $24,364

    • Matt Hawkins (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trent Legare (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clare Jansson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Kosofsky (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William E Bill Currens (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Blakeney Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Pope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Ethridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Haley Gentry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Cross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dante Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David L Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Woodberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond Mcgregor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crystal Byrd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessie Wei (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rwci.org/

    Where can I find the form 990 for Renaissance West Community Initiative?

    The Renaissance West Community Initiative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rwci.org/

    Learn more at the official website: www.rwci.org/

    Mission Statement of Renaissance West Community Initiative

    Renaissance West Community Initiative, a member of the Purpose Built Communities Network, is dedicated to promoting a collaborative community centered on quality housing, education, health, wellness, and opportunity. Their mission is to break the cycle of intergenerational poverty by improving economic mobility. By leading the revitalization of a community in West Charlotte, North Carolina, Renaissance West Community Initiative focuses on community investment strategies that empower the neighborhood. These strategies primarily revolve around educational advancement, housing stability, income stability, and health equity.

    The initiative's revitalization framework encompasses mixed-income housing, a cradle-to-career education continuum, and supportive services for individuals and families. The community, home to 1,300 residents, includes various facilities such as a high-quality child development center, a pre-K through 8 public school with a STEM focus, and a community center. Life navigation and wraparound supports include case management, early childhood interventions, academic support, financial and digital literacy, job training, homebuyer education, and community wellness.

    In 2022, Renaissance West Community Initiative saw neighbors reconnect, their campus rebound, and partners and friends show up in force. The organization experienced significant progress and numerous accomplishments, including increased neighbor participation, additional supports and services, a successful homebuyer program, financial independence for heads of households, and the first year of exceeding growth expectations for the Renaissance West STEM Academy. Despite these successes, the initiative and its neighbors continue to face challenges, such as increased mental health needs, evolving work dynamics, and a volatile economic environment, reinforcing the critical need for Renaissance West Community Initiative as a community quarterback.

    Impact

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




    Thursday, August 15, 2024

    Renaissance West Community Initiative's impact is evident in the positive transformation of a community in West Charlotte. By focusing on educational advancement, housing stability, income stability, and health equity, RWCI is actively breaking the cycle of intergenerational poverty. The initiative has revitalized the neighborhood with mixed-income housing, a cradle-to-career education continuum, supportive services for individuals and families, a high-quality child development center, a STEAM-focused public school, and a community center. Through life navigation and wraparound supports like case management, academic support, job training, and community wellness programs, RWCI has empowered residents to improve their quality of life and economic mobility.

    In 2022, RWCI saw increased neighbor participation, successful programs like the homebuyer initiative, financial independence for residents, and strong growth in educational institutions. Despite the challenges posed by the pandemic, RWCI remains a critical community quarterback, addressing new issues such as mental health needs, changing work dynamics, and economic volatility. The organization's fiscal strength, coupled with support from various stakeholders, ensures their continued ability to drive positive change in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $6,054
  • Program Service Revenue: $0
  • Gross Receipts: $2,316,465

    • Assets and Liabilities:
  • Total Assets: $9,385,480
  • Total Liabilities: $428,393
  • Net Assets: $8,957,087
  • Organization Details

    Founding Year

    2009

    Principal Officer

    William Mcdonald Jr

    Main Address

    3610 NOBLES AVENUE, CHARLOTTE, NC, 28208

    NTEE Category

    Code: B19 - Education

    If you are a representative of Renaissance West Community Initiative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.