EIN 43-1611669

Rise Community Development

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1992
Most recent tax filings
2022-12-01
Description
Rise Community Development develops and strengthens communities by providing housing development services. They partner with communities to build stronger, more equitable neighborhoods in the St. Louis area through redeveloping and strengthening communities with affordable and mixed-income housing, mixed-use real estate, and financing. Additionally, Rise provides community development technical assistance to enhance the strength and focus of St. Louis area CDCs in neighborhoods that want to improve. Rise Community Development is located in Saint Louis, MO.
Also known as...
Regional Housing and Community Development
Total revenues
$578,872
2022
Total expenses
$1,666,300
2022
Total assets
$195,894
2022
Num. employees
0
2022

Program areas at Rise Community Development

Affordable and mixed-income housing/mixed-use real estate Development: Rise develops affordable and mixed-income housing and mixed-use properties in historically underinvested areas of the st. louis region. We also provide affordable housing Development consultant services to nonprofit and others partners engaged in Community Development in the st. louis metropolitan area. The Development of affordable and market-rate housing in these areas energizes the local economy, reduces crime, improves the Community's quality of life and creates an atmosphere that supports the emotional and intellectual Development of its children. Through this work, we aim to inspire confidence for private market forces to then follow with further investment.
Predevelopment loan program: Rise provides a source of funds for neighborhood-based not-for-profit organizations to pay costs incurred in the early stages of their real estate Development projects when conventional financing would not be able to be obtained by such groups.
Community Development technical assistance: Rise's Community Development technical assistance program provides technical assistance to st. louis area Community Development corporations (cdcs) to enhance their strength and focus in neighborhoods that want to see positive changes. Our specialized areas of technical assistance include: organizational assessments, board training and Development, Community assessments, organizational strategic planning, organizational financial management, resource Development, Community planning and engagement, project planning, program planning and Development, outcome and impact measurement and analysis, home and cdbg training, chdo certifications, and gis databases and mapping.
Asset management: Rise is the managing general partner of affordable and mixed-income housing and mixed-use real estate investment partnerships. Rise oversees a portfolio of residential and mixed-use properties that are directly managed on a day to day basis by third party property management firms, with the exception of university lofts in downtown st. louis, which is managed directly by Rise.

Who funds Rise Community Development

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Joseph Desloge JR Family Charitable TrustNeighborhood Revitalization$41,446
The Bank of America Charitable FoundationProgram/operating Support$25,000
Enterprise Bank and Trust FoundationCharitable Work$16,500
...and 5 more grants received

Personnel at Rise Community Development

NameTitleCompensation
Rick BonaschChief Financial Officer / Director of Technical Assistance / Directo Rof Technical Assistance
Terrell CarterPresident and Executive Director$127,958
Brian H. HurdTechnical Assistance Program Manager
Mark StrokerVice President$97,770
Debra Moore/ Board Member$0
...and 10 more key personnel

Financials for Rise Community Development

RevenuesFYE 12/2022
Total grants, contributions, etc.$218,052
Program services$350,820
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$10,000
Total revenues$578,872

Form 990s for Rise Community Development

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-09-26990View PDF
2020-122021-08-09990View PDF
2019-122020-10-08990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 9 new personnel
December 25, 2023
Received grants
Identified 5 new grant, including a grant for $25,000 from The Bank of America Charitable Foundation
June 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 22, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Management and technical assistanceGala fundraisersTax deductible donationsNo full-time employees
General information
Address
1627 Washington Ave
Saint Louis, MO 63103
Metro area
St. Louis, MO-IL
County
St. Louis city, MO
Website URL
risestl.org/ 
Phone
(314) 231-9400
IRS details
EIN
43-1611669
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L02: Housing and Shelter Management and Technical Assistance
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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