Overview
What is Renaissance Covington Inc?
Renaissance Covington Inc, a nonprofit organization situated in Covington, Kentucky, is dedicated to promoting economic development within the city. Their primary activities include establishing neighborhood Wi-Fi, retaining and attracting businesses, improving the business district, and facilitating a program for mortar entrepreneurs. With a team of six dedicated employees, this organization strives to enhance the economic landscape of Covington, making it an appealing destination for businesses and entrepreneurs alike.
Official website here: www.rcov.org
Is Renaissance Covington Inc legitimate?
Renaissance Covington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renaissance Covington 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: $34,811
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,651
For more financial information, click here
Official website here: www.rcov.org
What is the mission statement of Renaissance Covington Inc?
Renaissance Covington Inc, as an organization, is committed to promoting economic development. They strive to enhance the local economy by developing neighborhood Wi-Fi, retaining and attracting businesses, improving the business district, and facilitating a program for mortar entrepreneurs. Their goal is to contribute to the economic growth and innovation of the community.
Official website here: www.rcov.org
Who is the CEO of Renaissance Covington Inc?
Nick Wade is the Executive Director of Renaissance Covington Inc.
Official website here: www.rcov.org
What is the revenue of Renaissance Covington Inc?
Renaissance Covington Inc's revenue in 2023 was $177,540.
Official website here: www.rcov.org
Who are the executives of Renaissance Covington Inc and what are their salaries?
The average compensation at Renaissance Covington Inc during 2023 was $8,577. There are 6 employees at Renaissance Covington Inc.
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Official website here: www.rcov.org
Where can I find the form 990 for Renaissance Covington Inc?
Renaissance Covington Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rcov.org
Learn more at the official website: www.rcov.org
Mission Statement of Renaissance Covington Inc
Renaissance Covington Inc, as a organization, is committed to fostering economic growth and development within its realm. Its mission is to positively impact the economy by undertaking initiatives such as establishing neighborhood Wi-Fi, retaining existing businesses, and attracting new ones. The organization also focuses on improving the business district, aiming to create a more vibrant and inviting environment. Additionally, Renaissance Covington Inc facilitates the Mortar Entrepreneur Program, a venture that supports local entrepreneurs by providing them with necessary resources and guidance. This holistic approach to economic development is designed to stimulate growth and innovation, ultimately contributing to the overall prosperity of the community.
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Impact
October, 2024
Renaissance Covington Inc has a significant impact on the economic landscape of Covington, Kentucky. By focusing on economic development and innovation, the organization plays a crucial role in enhancing the local business environment.
One of its key initiatives is the development of neighborhood WiFi, which helps bridge the digital divide and fosters connectivity among residents and businesses. This access to reliable internet is essential for modern commerce and communication, thereby strengthening the local economy.
Renaissance Covington also works to retain and attract businesses, creating a vibrant commercial district that supports a diverse range of enterprises. This effort not only boosts job creation but also enhances the overall quality of life for residents. Additionally, the organization facilitates the Mortar Entrepreneur Program, providing resources and support to aspiring business owners, which fosters a culture of entrepreneurship within the community.
By improving the business district and actively engaging in community improvement, Renaissance Covington Inc drives growth, encourages innovation, and enhances the economic vitality of Covington.
This information is meant to be a general summary of Renaissance Covington 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 2023.
- Program Service Revenue: $6,537
- Gross Receipts: $177,540
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FARMERS MARKET
Revenue
$4,812
MORTAR/POP UP REV
Revenue
$1,725
Organization Details
Founding Year
2003
Phone
(859) 491-2220Principal Officer
Nick Wade
Main Address
321 W 12TH STREET, COVINGTON, KY, 41011
Website
www.rcov.orgNTEE Category
Code: S31 - Community improvement
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