Dundalk Renaissance Corporation
Dundalk Renaissance Corporation
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About this organization
Mission
Our mission is to mobilize stakeholders to invest in Greater Dundalk's neighborhoods, economy, and quality of life.
About
Housing Initiative. The DRC spurs investments by current homeowners through a renovation loan program, curb appeal facade grants, and an energy retrofit grant program. The DRC renovates houses for sale to new homeowners and partners with small developers to incentivize them to renovate more homes for homeownership, boosting the supply of renovations buyers want, boosting appraised values by enabling renovations to serve as comparable for each other, and boosting home values.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “Our mission is to mobilize stakeholders to invest in greater dundalk's neighborhoods, economy, and quality of life.”.
When referring to its actions, they were outlined as: “Our mission is to revitalize the greater dundalk area.”.
- The non-profit has complied with legal obligations by reporting their state of operation as MD.
- The non-profit's address in 2020 is noted in the filing as PO BOX 9276 - 11 CENTER PLACE, BALTIMORE, MD, 21222.
- The non-profit's form for 2020 reports a total of 4 employees.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $265,025.
- The organization has 14 independent voting members.
- The organization was formed in 2001.
- The organization pays $233,334 in salary, compensation, and benefits to its employees.
- The organization pays $12,210 in fundraising expenses.