Community Improvement & Capacity Building
Renaissance Economic Development Corporation
NEW YORK, NY
Total revenue
$6.0M
Total expenses
$5.6M
Net assets
$19.0M
Grants received
$3.3M
31 grants
EIN
133946529
Tax year
2024
Mission
Renaissance economic development corporation provides direct financing and technical assistance services throughout new york city. Renaissance focuses on low-income neighborhoods where the barriers of language, culture and conventional loan underwriting have stymied the growth of small businesses. Underpinning all of renaissance's lending activity is a commitment to increase business opportunities for low-income entrepreneurs.
Programs
1 program
Technical assistance & education - redc provides targeted technical assistance to low income entrepreneurs & small business owners, helping them to overcome traditional impediments to business growth and success. Redc specializes in servicing businesses in its target markets that banks and government programs cannot serve, suchas low income, start-up, thinly capitalized enterprises whose owners are often hobbled by poor or non-existent english skills and unfamiliarity with the banking system in this country.
Financials
FY 2024
Revenue
Expenses
People
16 listed
JESSIE LEE
MANAGING DIRECTOR
$203K
35 hrs/wk
MARY LIU
DEPUTY MANAGING DIRECTOR
$142K
40 hrs/wk
MICHAEL LEE
BOARD MEMBER
—
1 hrs/wk
PEGGY CHAN
TREASURER (OUTGOING)
—
0.3 hrs/wk
RAYMOND LOU
SECRETARY (OUTGOING)
—
1 hrs/wk
THOMAS YU
PRESIDENT/EXECUTIVE DIRECTOR
—
1 hrs/wk
CONNIE LEE
BOARD MEMBER
—
1 hrs/wk
TONY LIN
BOARD MEMBER
—
1 hrs/wk
TURNEY SINGH BABA
TREASURER
—
1 hrs/wk
JOY SUZANNE GRANADO
CHIEF ACCOUNTING OFFICER (OUTGOING)
—
1 hrs/wk
TIMOTHY WONG
BOARD MEMBER
—
1 hrs/wk
GIGI LAU GILSINAN
BOARD MEMBER
—
1 hrs/wk
KYLE FOLEY
BOARD MEMBER
—
0.3 hrs/wk
MICHAEL FONG
BOARD MEMBER
—
1 hrs/wk
JANNIE LAI
DIRECTOR OF PROGRAMS
$116K
40 hrs/wk
SOCORRO MARIA CORONA
PLEASE PROVIDE TITTLE
$100K
40 hrs/wk
Grants received
Showing 31 of 31
Funded by
$3.3M from 15 funders · 31 grants · 2019–2024
$625K · 1 grant · 2021
$403K · 4 grants · 2021–2024
$400K · 1 grant · 2020
$358K · 4 grants · 2022–2024
$300K · 2 grants · 2023–2024
$295K · 3 grants · 2020–2024
$293K · 6 grants · 2019–2024
$150K · 1 grant · 2019