Overview
What is Downtown Renaissance Inc?
Downtown Renaissance Inc is a nonprofit organization established with a triple-fold mission. Firstly, it aims to combat the deterioration in the Downtown area of Rocky Mount. Secondly, the organization focuses on reducing unemployment and underemployment among minorities in the Rocky Mount area. Lastly, it strives to establish a platform where different races can interact, fostering unity and understanding. To achieve these goals, Downtown Renaissance Inc maintains properties in the Downtown area of Rocky Mount for redevelopment, aiming to revitalize the area and create opportunities for the community.
Is Downtown Renaissance Inc legitimate?
Downtown Renaissance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Renaissance Inc submitted a form 990EZ, 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.
What is the mission statement of Downtown Renaissance Inc?
Downtown Renaissance Inc was established with a mission to address two key issues. Firstly, the organization aims to reduce unemployment and underemployment among minorities in a specific area. Secondly, it strives to foster unity and interaction between different racial groups by establishing a shared workspace or platform. To accomplish these objectives, Downtown Renaissance Inc also maintains properties in the designated area for redevelopment, with the ultimate goal of revitalizing the community.
Who is the CEO of Downtown Renaissance Inc?
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What is the revenue of Downtown Renaissance Inc?
Downtown Renaissance Inc's revenue in 2020 was $987.
Who are the executives of Downtown Renaissance Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990EZ for Downtown Renaissance Inc?
Downtown Renaissance Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Downtown Renaissance Inc
Downtown Renaissance Inc was established with a threefold mission. One of its primary objectives was to combat the deterioration happening in the Downtown area of an unspecified location. The organization aimed to revitalize this area, potentially making it a more appealing and livable space.
Secondly, Downtown Renaissance Inc sought to address the issue of unemployment and underemployment within the local minority community. By focusing on this group, the organization aimed to provide them with opportunities and resources to improve their employment status, thereby contributing positively to the community as a whole.
Lastly, Downtown Renaissance Inc aimed to promote unity and cross-cultural understanding. It sought to establish a platform where individuals from different racial backgrounds could interact, work together, or simply be exposed to each other. This objective was likely intended to foster a more cohesive and inclusive community.
In order to achieve these goals, Downtown Renaissance Inc maintained properties in the Downtown area for redevelopment. This could have involved renovating and repurposing existing buildings, or potentially building new ones. By doing so, the organization could contribute to the physical transformation of the Downtown area, while also providing opportunities for employment and community engagement.
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Impact
October, 2024
Downtown Renaissance Inc has made a significant impact on the Rocky Mount area through its focused initiatives aimed at revitalizing the downtown environment and fostering racial collaboration. By addressing the deterioration of properties in the downtown area, the organization has created a more appealing and functional space for residents and businesses alike. This revitalization not only enhances the aesthetic and economic vitality of the community but also attracts new investments and opportunities.
In addition to physical improvements, Downtown Renaissance Inc is actively working to reduce unemployment and underemployment among minorities in Rocky Mount. By providing job training and employment opportunities, the organization promotes economic empowerment, helping to create a more equitable job market.
The establishment of a center for racial interaction is another crucial aspect of its mission. By providing a space for individuals from different backgrounds—whites, blacks, and other races—to work together, the organization fosters understanding, collaboration, and community cohesion. This commitment to diversity aims to break down barriers, encourage dialogue, and create a more inclusive community environment.
Overall, Downtown Renaissance Inc plays a vital role in transforming Rocky Mount by improving its infrastructure, promoting economic opportunities for marginalized populations, and encouraging unity among its diverse residents.
This information is meant to be a general summary of Downtown Renaissance 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 2020.
- Investment Income: $921
- Gross Receipts: $987
Assets and Liabilities:
- Total Assets: $201,474
- Total Liabilities: $0
- Net Assets: $201,474
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Organization Details
Phone
(252) 446-2341Main Address
1151 FALLS ROAD SUITE 1000, ROCKY MOUNT, NC, 27804
NTEE Category
Code: S31 - Community improvement
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