Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
75 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
7 people listed on the 990.
David Weil’s $3K as President is at the 0th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| David Weil | $3,000 | $7,500 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Helps people in underserved areas buy affordable homes.
Questions for Renew Communities Nfp
Your first name shows with your question. Renew Communities Nfp answers here, for everyone.
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Matthew Homes
ReNew's goal is to establish 300 homeowners over 15+ years with the purpose of increasing affordable home ownership and family neighborhood engagement. Renew dedicated a significant amount of its time/resources in 2017-18 to develop an operating structure to facilitate an acceleration of its business plan over the next 1-3 years…
Community Engagement
ReNew is working to build a sense of collaboration and community. ReNew has collaborated with the city, park district, schools, local non-profits, churches, local businesses, the chamber of commerce for projects including painting hallways in city hall, creating murals for kids in after-school programs, assisting an elderly couple with a…
Business Development
ReNew's Job focus is helping existing small businesses grow and by extension provide jobs. ReNew does this in a number of ways, such as, 1) hiring only local small businesses in the housing trades while offering mentoring in how to grow their business; 2) meeting regularly with North Chicago staff, Chamber President, and Alderman to…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.0M | $1.4M |
| Total assetsLn 16 | $1.7M | $2.2M |
| LiabilitiesLn 26 | $28K | $38K |
| Net assetsLn 32 | $1.6M | $2.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $15K | $314 | $15K | |
| Other fees for servicesLn 11g | $131K | $129K | $1K | |
| Advertising and promotionLn 12 | $6K | $6K | ||
| Office expensesLn 13 | $17K | $11K | $2K | $4K |
| Information technologyLn 14 | $828 | $828 | ||
| OccupancyLn 16 | $10K | $10K | ||
| TravelLn 17 | $2K | $2K | ||
| Conferences, conventions and meetingsLn 19 | $223 | $223 | ||
| InsuranceLn 23 | $5K | $2K | $3K | |
| Other expenses (24a–d)Ln 24 | $29K | $4K | $25K | |
| All other expensesLn 24e | $5K | $5K | ||
| Total functional expensesLn 25 | $223K | $167K | $27K | $30K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $1.1M | $985K | $67K | $4.0M | 990 PDF |
| FY2023 | $1.1M | $641K | $416K | $3.9M | 990 PDF |
| FY2022 | $946K | $302K | $644K | $3.5M | 990 PDF |
| FY2021 | $862K | $193K | $670K | $2.8M | 990 PDF |
| FY2020 Viewing | $750K | $223K | $527K | $2.2M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $750,148 revenue, 12 lines filed
Part VI · Governance 4 of 7 board members independent, 1 to look at
Part VIII · Statement of revenue $750,148 across 7 lines filed
Part IX · Statement of functional expenses $222,798 across 12 lines filed
Part X · Balance sheet $2,192,935 assets, 9 lines filed
Part XI · Reconciliation of net assets $2,155,277 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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