Consortium for Ongoing Reinvestment Efforts
Consortium for Ongoing Reinvestment Efforts
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About this organization
Mission
To accelerate Hamilton's urban renaissance through targeted capital investments in real estate.
About
To achieve its mission and strategic focus to strengthen the core assets of Hamilton's city center, the core fund manages loan funds geared toward redevelopment and spurring economic development in distressed and struggling business districts and neighborhoods. The core investment fund will be used in flexible, structured financing arrangements depending upon the type of project and its capital requirements. The strategic property fund will be used to identify and purchase buildings and vacant property in target areas for future development. Finally, the residential redevelopment fund will be used in acquiring residential property, ensuring that the property is maintained and does not suffer further deterioration.
Interesting data from their 2020 990 filing
The non-profit's mission, as described in the filing, is “To accelerate hamilton's urban renaissance through targeted investments in real estate development or redeveloped projects in the city's urban core.”.
When describing its duties, they were characterized as: “To accelerate hamilton's urban renaissance through targeted capital investments in real estate.”.
- The non-profit has complied with legal regulations by reporting their state of operation as OH.
- The filing shows that the non-profit's address as of 2020 is 236 HIGH STREET, HAMILTON, OH, 45011.
- As of 2020, the non-profit has reported a total of 5 employees on their form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$696,923.
- The organization has 5 independent voting members.
- The organization was formed in 2012.
- The organization pays $109,277 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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