EIN 38-3493359

Uptown Reinvestment Corporation

Name: Uptown Reinvestment Corporation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Flint

State

Michigan

Year formed

1999

Most recent tax filings

2022-12-01

NTEE code, primary

S31: Urban, Community Economic Development

Description

Uptown Reinvestment Corporation promotes economic growth, employment, and development in the downtown Flint business district by offering financial and technical assistance through procurement of private investment capital and federal and state grants. Additionally, it acquires and revitalizes real property and supports the operations of the local farmers' market located in downtown Flint.

Total revenues

$3,251,972

2022

Total expenses

$3,112,599

2022

Total assets

$84,963,973

2022

Num. employees

2022

Program areas at Uptown Reinvestment Corporation

The promotion of economic growth, employment, and development in the downtown flint business district by:* offering financial and technical assistance through procurement of private investment capital and federal and state grants* acquiring and revitalizing under utilized commercial real estate

The promotion of economic growth, employment, and development in the downtown flint business district by:* operating and supporting the operations of the local farmers' market located in downtown flint

Who funds Uptown Reinvestment Corporation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Foundation for Uptown Reinvestment	2022-12	General	$3,355,000

Personnel at Uptown Reinvestment Corporation

Name	Title	Compensation	Date of data
Stephanie Fenton	Chief Financial Officer		2021-09-23
Tim Herman	President	$0	2023-11-15
Joe Martin	Director of Development Ext: 1		2021-09-23
Deborah Cherry	Treasurer / Director	$0	2022-12-31
Jack Stock	Vice President / Vice - President / Director	$0	2022-12-31
...and 1 more key personnel

Financials for Uptown Reinvestment Corporation

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$3,644,700	$6,327,000	-42.4%
Program services	$149,594	$292,333	-48.8%
Investment income and dividends	$-1,590,042	$-405,018	-292.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$1,047,720	$1,009,541	3.8%
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$3,251,972	$7,223,856	-55%

Form 990s for Uptown Reinvestment Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-15	990	View PDF
2021-12	2022-11-15	990	View PDF
2020-12	2021-11-10	990	View PDF
2019-12	2021-10-15	990	View PDF
2019-09	2020-10-08	990	View PDF
...and 9 more Form 990s

Organizations like Uptown Reinvestment Corporation

Organization	Type	Location	Revenue
Neighborhood Community Development Fund	501(c)(3)	Pittsburgh, PA	$1,987,923
Southwest Brooklyn Industrial Development Corporation	501(c)(3)	Brooklyn, NY	$1,111,462
Anacostia Economic Development Corporation (AEDC)	501(c)(3)	Washington, DC	$1,326,868
Greater Auburn-Gresham Development Corporation	501(c)(3)	Chicago, IL	$8,248,455
Greater Southwest Development Corporation (GSDC)	501(c)(3)	Chicago, IL	$2,786,256
South Bronx Overall Economic Development Corporation (SoBRO)	501(c)(3)	Bronx, NY	$12,019,062
Greater Jamaica Development Corporation	501(c)(3)	Jamaica, NY	$7,601,973
East Baltimore Development (EBDI)	501(c)(3)	Baltimore, MD	$8,589,679
Marin City CDC (MCCDC)	501(c)(3)	Sausalito, CA	$914,717
Elizabeth Development Company (EDC)	501(c)(3)	Elizabeth, NJ	$2,107,811

Data update history

January 9, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 8, 2024

Updated personnel

Identified 1 new personnel

December 24, 2023

Received grants

Identified 2 new grant, including a grant for $3,355,000 from Foundation for Uptown Reinvestment

July 15, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 5, 2023

Updated personnel

Identified 1 new personnel

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities

Issues

Community improvementEconomic developmentBusiness and industry

Characteristics

State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 503 S Saginaw St 1500; Flint, MI 48502
Metro area: Flint, MI
County: Genesee County, MI
Website URL: uptownreinvestment.org/
Phone: (810) 238-5555

IRS details

EIN: 38-3493359
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1999
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S31: Urban, Community Economic Development
NAICS code, primary: 926110: Economic Development Corporations and Economic Program Organizations
Parent/child status: Central organization

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Uptown Reinvestment Corporation

Program areas at Uptown Reinvestment Corporation

Who funds Uptown Reinvestment Corporation

Personnel at Uptown Reinvestment Corporation

Financials for Uptown Reinvestment Corporation

Form 990s for Uptown Reinvestment Corporation

Organizations like Uptown Reinvestment Corporation

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