Renew Communities Nfp
Renew Communities Nfp
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About this organization
Mission
To increase affordable home ownership in under resourced communities
About
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, including property acquisition, construction, developing community relationships, etc. ReNew facilitated the purchase and completion of two Matthew Homes in 2017-18, bringing the total number of Matthew Homes to seven. The Matthew Home team has developed a close working relationship with the City of North Chicago staff, local contractors and third-party housing organizations which is improving our access to viable properties. We are currently working on 9 properties (7 rehab and 2 new). The 2 new 3-bedroom, affordable home prototypes were designed by the ReNew team. They have a full basement with escape windows, 3 bedrooms, 2 full bathrooms,and a 2-car garage.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “Renew's mission is to reflect god's love for our under-resourced neighbors by collaborating with community leaders and residents to increase affordable home ownership, enrich community life, and grow small businesses (continued on schedule o)with the goal of igniting a tipping point toward revitalization.”.
When discussing its operations, they were characterized as: “To increase affordable home ownership in under resourced communities”.
- The non-profit's legally reported state of operation is IL.
- The filing states that the non-profit's address in the year 2020 is 100 N Waukegan Rd, Lake Forest, IL, 60045.
- The form submitted by the non-profit for 2020 shows a total of 0 employees.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,096,851.
- The organization has 5 independent voting members.
- The organization was formed in 2016.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $34,331 in fundraising expenses.