Overview
What is Urban Renaissance Partners Inc?
Urban Renaissance Partners Inc, located in Memphis, Tennessee, is a dedicated nonprofit organization that focuses on urban revitalization. Their mission is to preserve affordability and developable lots in target areas, investing in properties for single family, multifamily, or commercial development. In 2022, they invested $5 million in property acquisitions, rehabilitation, and maintenance, aligning with their mission. Urban Renaissance Partners (URP) is committed to creating energy-efficient, safe, and affordable housing, and they employ a collaborative approach to tackle persistent social and economic issues in urban neighborhoods, utilizing whole block strategies.
Is Urban Renaissance Partners Inc legitimate?
Urban Renaissance Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Renaissance Partners 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Urban Renaissance Partners Inc
Urban Renaissance Partners (URP) is committed to revitalizing urban neighborhoods by focusing on the development of energy-efficient, safe, and affordable housing. The organization adopts a holistic approach to address persistent social and economic distress, working collaboratively to achieve success through targeted, whole block strategies. URP's mission is to invest in real estate opportunities in target areas, with a goal of preserving affordability and developing properties for single-family, multifamily, or commercial use. In 2022, URP allocated $5 million towards the acquisition, rehabilitation, and maintenance of properties in line with its mission.
Impact
This information is meant to be a general summary of Urban Renaissance Partners Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Urban Renaissance Partners Inc, also known as URP, is making a significant impact by revitalizing urban neighborhoods in Memphis, Tennessee. Their focus on developing energy-efficient, safe, and affordable housing is addressing persistent social and economic distress in these communities. Through targeted, whole block strategies, URP is working diligently to acquire real estate in key areas, preserving affordability and developing properties for single-family, multifamily, or commercial use. In 2022 alone, URP invested $5 million in acquiring, rehabilitating, and maintaining properties to further their mission. By doing so, URP is not only improving the housing landscape but also fostering a more vibrant and sustainable urban environment for residents in Memphis.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2015
Phone
(901) 274-5666
Principal Officer
Archie Willis Iii
Main Address
314 AW Willis Ave, Memphis, TN, 38105
NTEE Category
Code: L20 - Housing
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