Oakland Renaissance Nmtc Inc

Community development organization based in Oakland, CA.0 Exempt under §501(c)(3).

MissionTHE MISSION OF THE ORGANIZATION IS TO SERVE LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS IN THE CITY OF OAKLAND, CALIF. BY PROMOTING ECONOMIC DEVELOPMENT AND JOB CREATION IN THOSE COMMUNITIES BY UTILIZING THE NEW MARKET TAX CREDIT PROGRAM (IRC 45D).

EIN
20-1572141
State
CA
Sector
Community development
Budget band
<$250K
Latest filing
TY 2022
Records
1 officers · 4 years

Financial snapshot · TY 2022

$130K
Total revenue
$40K
Total expenses
$1.7M
Net assets

Financial health · TY 2023

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
59.8 months of expenses
Program efficiency
100
95.9% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

$343,223
100th percentile vs. peers

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Oakland Renaissance Nmtc Inc Executive Compensation | 990 Data | DoubleNine