NonprofitsLegacy Redevelopment Corporation

Housing & Shelter

Legacy Redevelopment Corporation

MILWAUKEE, WI

Total revenue

$2.4M

Total expenses

$1.9M

Net assets

$3.1M

Grants received

$797K

8 grants

EIN

311724109

Tax year

2024

Mission

To enhance neighborhood vitality, facilitate a sustainable and economically diverse community, and build wealth through the design and implementation of innovative finance programs in the city of milwaukee.

Financials

FY 2024

Revenue

Contributions & grants$1.8M
Program service revenue$73K
Investment income$497K
Other revenue$543
Total revenue$2.4M

Expenses

Grants paid$772K
Salaries & benefits$441K
Fundraising$9K
Other expenses$699K
Total expenses$1.9M
Total assets$11.4M
Net assets$3.1M

People

9 listed

NameRoleCompensation

TERESE CARO

CEO

Board

$125K

40 hrs/wk

MARJORIE RUCKER

SECRETARY

Board

1 hrs/wk

RICHARD W LINCOLN

DIRECTOR

Board

1 hrs/wk

NICOLE L ROBBINS

DIRECTOR

Board

1 hrs/wk

NIKKI PURVIS

DIRECTOR

Board

1 hrs/wk

BRIAN MAYS

DIRECTOR

Board

1 hrs/wk

DARIAN LUCKETT

DIRECTOR

Board

1 hrs/wk

TROY L REESE

CHAIR

Board

1 hrs/wk

SALLY R PELTZ

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$20K
ORGANIZATIONAL SUPPORT
2024
$29K
TECHNICAL ASSISTANCE PROGRAM IN PARTNERSHIP WITH GMF
2023
$10K
ORGANIZATIONAL SUPPORT
2023
$10K
ORGANIZATIONAL SUPPORT
2022
$250
TO FURTHER PROGRAM SERVICES
2022
$150K
COVID-19 GRANT
2020

Funded by

$797K from 5 funders · 8 grants · 2020–2024

Local Initiatives Support Corporation

$578K · 2 grants · 2023–2024

Opportunity Finance Network

$150K · 1 grant · 2020

National Center For Housing Management

$40K · 3 grants · 2022–2024

Greater Milwaukee Foundation Inc

$29K · 1 grant · 2023

Details

EIN311724109
NTEE codeL25
Subsection03
Ruling date2001-01
Formed2000
Employees0
Volunteers15
LEGACY REDEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo