EIN 27-1396021

Renaissance West Community Initiative

IRS 501(c) type
501(c)(3)
Num. employees
35
Year formed
2009
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Renaissance West Community Initiative leads the revitalization of a community in West Charlotte, committed to breaking the cycle of intergenerational poverty and improving economic mobility. Its mission is to promote a collaborative community centered on quality housing, education, health, wellness, and opportunity. As a member of the Purpose Built Communities network, RWCI is dedicated to transforming underserved neighborhoods into thriving communities.
Total revenues
$2,280,149
2022
Total expenses
$2,788,660
2022
Total assets
$9,385,480
2022
Num. employees
35
2022

Program areas at Renaissance West Community Initiative

With the commitment of breaking the cycle of intergenerational poverty by improving economic mobility, Renaissance West Community Initiative (rwci) leads the revitalization of a Community in West charlotte (nc). As a member of the purpose built communities network, our comprehensive, place-based approach is centered on Community investment strategies that empower the neighborhood by focusing on educational advancement, housing stability, income stability and health equity. Rwci's revitalization framework encompasses mixed-income housing, a cradle-to-career education continuum and supportive services for individuals and families. The Community is comprised of 1,300 residents (the Renaissance and little rock apartments) and includes 334 units of family and senior housing. The campus also includes a high-quality child development center, a pre-k thru 8 public school with a steam focus and a Community center. Life navigation and wraparound supports include case management/care coordination, early childhood interventions, academic support adult/secondary education, financial and digital literacy, job training, homebuyer education and Community wellness .in 2022, we were able to see neighbors reconnect, our campus rebound, and our partners and friends show up in force. Together, we have seen the benefits of a Community quarterback like rwci in building a resilient, healthy, and forward-thinking Community for all of our neighbors. Like many organizations, 2022 was the first full year where the pandemic became less disruptive, and while our partners remained with us throughout, we were able to establish other onsite connections to build our impact back to pre-pandemic levels. Thanks to this expanded support and an amazing staff who works tirelessly in our Community, we experienced significant progress and numerous accomplishments for our Community. Among these are increased participation by our neighbors, additional supports and services, a successful homebuyer program, financial independence for heads of household, a growing howard levine child development center, and the first year of exceeding growth expectations for the Renaissance West steam academy.despite our success reemerging from the pandemic, our work and our neighbors continue to face challenges each day. These challenges include increased mental health needs, evolving work dynamics and a volatile economic environment. These new challenges only reinforce the critical need of rwci as the Community quarterback. Our holistic place-based approach and our desire to not only extend our services to more neighbors, children and students but also sustain access to quality programs and best practices provided by our agency partners.rwci's fiscal strength and growth remains an important piece to drive our work. And with continued support from majors funders as well as the support of countless foundations, individuals, and companies we feel secure in our ability to continue this work into the future.

Who funds Renaissance West Community Initiative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Greater CharlotteProgram Operating Cost$222,500
Charlotte Life NavigatorsFunding$150,000
PGA TourGeneral Support$125,000
...and 11 more grants received

Personnel at Renaissance West Community Initiative

NameTitleCompensation
William H. "Mack" McDonaldChief Executive Officer$145,898
Mack McDonaldChief Operating Officer
Trent LegareVice Chair$0
Matt HawkinsBoard Chair$0
Renee KosofskyTreasurer$0
...and 6 more key personnel

Financials for Renaissance West Community Initiative

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,278,716
Program services$0
Investment income and dividends$6,054
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-4,621
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,280,149

Form 990s for Renaissance West Community Initiative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-27990View PDF
2021-122022-11-08990View PDF
2020-122021-11-11990View PDF
2019-122021-02-19990View PDF
2018-122019-11-02990View PDF
...and 5 more Form 990s
Data update history
July 14, 2024
Received grants
Identified 9 new grant, including a grant for $222,500 from United Way of Greater Charlotte
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 1, 2023
Updated personnel
Identified 2 new personnel
October 26, 2023
Received grants
Identified 12 new grant, including a grant for $333,333 from The Bank of America Charitable Foundation
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
SchoolsFamily service centersHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
3610 Nobles Ave
Charlotte, NC 28208
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Website URL
rwci.org/ 
Phone
(704) 248-3761
IRS details
EIN
27-1396021
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B00: Education: General
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Central organization
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