Overview
What is Renaissance Gardens Inc?
Renaissance Gardens Inc, based in Baltimore, Maryland, is a nonprofit organization that specializes in providing elderly housing. Situated at 5809 Park Heights Avenue, this organization operates a 60-unit project under Section 202 of the Capital Advance Program of the National Housing Act, supervised by the Department of Housing and Urban Development (HUD). Their mission is to cater to the unique needs of elderly and disabled individuals, offering them subsidized and below-market housing. By providing a safe and supportive environment, Renaissance Gardens Inc aims to enhance the health, security, happiness, and overall well-being of its residents, enabling them to live comfortably and independently for an extended period.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Renaissance Gardens Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. With an overall score of 86%, the organization demonstrates commendable practices in governance and financial management. The score is based entirely on Accountability & Finance metrics, which highlights its commitment to transparency and responsible stewardship of resources.
The organization boasts a fully independent board, with 100% of its members meeting independence criteria, which is crucial for unbiased decision-making. Furthermore, their practices around financial oversight are exceptional, having achieved top scores for their audit and oversight committee as well as for their policies regarding material asset diversion and conflict of interest. With a program expense ratio of 94.36%, Renaissance Gardens ensures that the vast majority of its funding directly supports its mission.
Despite its strengths, the rating does not reflect external programmatic or impact measures, which could provide a more comprehensive picture of the nonprofit’s effectiveness. Overall, Renaissance Gardens Inc shows a strong commitment to financial integrity and governance, making it a trustworthy organization for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Renaissance Gardens Inc legitimate?
Renaissance Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Gardens 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
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What is the mission statement of Renaissance Gardens Inc?
Renaissance Gardens Inc's mission is centered around providing specialized housing and services for elderly and disabled individuals, aiming to meet their physical, social, and psychological needs. The organization strives to enhance their residents' health, security, happiness, and productivity in their extended living. The services offered by Renaissance Gardens Inc are designed to promote well-being and foster a sense of contentment for its residents. The organization operates under Section 202 of the Capital Advance Program of the National Housing Act and adheres to regulations defined by the Department of Housing and Urban Development (HUD). In Baltimore, Maryland, Renaissance Gardens Inc operates a 60-unit elderly housing project, providing subsidized and below-market housing for low-income, elderly, and disabled individuals.
Who is the CEO of Renaissance Gardens Inc?
Yolanda Jiggetts is the President of Renaissance Gardens Inc.
What is the revenue of Renaissance Gardens Inc?
Renaissance Gardens Inc's revenue in 2022 was $550,922.
Who are the executives of Renaissance Gardens Inc and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $224,181
- Other: $3,037
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- Other: $7,993
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Where can I find the form 990 for Renaissance Gardens Inc?
Renaissance Gardens Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Renaissance Gardens Inc
Renaissance Gardens Inc, a nonprofit organization, is dedicated to providing housing facilities and services specifically tailored to meet the physical, social, and psychological needs of elderly and disabled individuals. Their mission is to promote the health, security, happiness, and usefulness of these individuals, enabling them to live longer and more fulfilling lives. By offering subsidized and below-market housing, Renaissance Gardens Inc seeks to make housing accessible to low-income elderly and disabled individuals, ensuring they can age with dignity and independence. The organization operates under Section 202 of the Capital Advance Program of the National Housing Act and is regulated by the Department of Housing and Urban Development (HUD).
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Impact
July, 2024
Renaissance Gardens Inc's impact lies in providing crucial housing solutions for low-income, elderly, and disabled individuals in Baltimore, Maryland. Operating a 60-unit elderly housing project under Section 202 of the Capital Advance Program, they offer subsidized and below-market housing to those in need. By focusing on meeting the physical, social, and psychological needs of their residents, Renaissance Gardens actively promotes the health, security, happiness, and usefulness of elderly and disabled individuals, enabling them to live more fulfilling lives.
This information is meant to be a general summary of Renaissance Gardens 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $218
- Program Service Revenue: $545,732
- Gross Receipts: $550,922
Assets and Liabilities:
- Total Assets: $7,235,778
- Total Liabilities: $688,104
- Net Assets: $6,547,674
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTAL
Revenue
$542,158
LAUNDRY AND VENDING
Revenue
$3,317
TENANT CHARGES
Revenue
$257
Organization Details
Founding Year
2011
Phone
(410) 500-5311Principal Officer
Yolanda Jiggetts
Main Address
5809 PARK HEIGHTS AVENUE, BALTIMORE, MD, 21215
NTEE Category
Code: L21 - Housing
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