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Oakland Renaissance Nmtc

Oakland Renaissance Nmtc

Oakland, CA
Tax ID20-1572141

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About this organization

Revenue

$330,434

Expenses

$41,132

Mission

The corporation is a certified community development entity (cde) whose mission is to serve low-income communities and low-income persons in the city of Oakland, CA by promoting economic development and job creation in those communities by leveraging the new market tax credit program (IRC 45D).

About

The organization has received awards of new markets tax credits from the CDFI fund, and is using the awards for the financing of community development projects in low-income communities in Oakland via subsidiary community development entities (sub-cde).

Interesting data from their 2018 990 filing

The purpose of the non-profit is outlined in the filing as “The 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).”.

When discussing its operations, they were defined as: “The corporation is a certified community development entity (cde) whose mission is to serve low-income communities and low-income persons in the city of oakland, ca by promoting economic development and job creation in those communities by leveraging the new market tax credit program (irc 45d).”.

  • The state where the non-profit operates has been legally reported as CA.
  • The filing indicates that the non-profit's address in 2018 is located at 250 FRANK H OGAWA PLAZA, OAKLAND, CA, 94612.
  • The non-profit has reported 0 employees on their form as of 2018.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $289,302.
  • The organization has 0 independent voting members.
  • The organization was formed in 2004.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

Additional Non-Profits in the area

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