OAKLAND RENAISSANCE NMTC

OAKLAND, CA | Alameda County
Revitalization/Stabilization

Overview

OAKLAND RENAISSANCE NMTC
20-1572141
250 FRANK H OGAWA PLAZA NO 5TH FL
OAKLAND, CA 94612
Alameda County
(510) 238-7362

Mission Statement info

THE MISSION OF THE ORGANIZATION IS TO SERVE LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS IN THE CITY OF OAKLAND, CALIF. BY PROMOTING ECONOMIC DEVELOPMENT AND JOB CREATION IN THOSE COMMUNITIES BY UTILIZING THE NEW MARKET TAX CREDIT PROGRAM (IRC 45D).

Founded info
2004
Total Employees info
0
Total Volunteers info
0
CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • NMTC Recipient
Nonprofit Classification (NTEE Code) info
S20

S - Community Improvement, Capacity Building

Community & Neighborhood Development

Organizations that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of an urban community or neighborhood. Use this code for community and neighborhood improvement organizations other than those specified below.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
Most Recent NMTC Award info
2016

$20,000,000
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$330.4K
Revenue
$330.4K
Assets
$379.7K
Exempt Ruling Date info
2014-08
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
CA
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
250 FRANK H OGAWA PLAZA NO 5TH FL
OAKLAND, CA 94612
Alameda County
FIPS Geocoded Address info
41860
MSA/CBSA info
06
State info
001
County info
4028.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
San Francisco-Oakland-Berkeley, CA
Combined Statistical Area info
San Jose-San Francisco-Oakland, CA
Metropolitan Division info
Oakland-Berkeley-Livermore, CA
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 69.2%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
4028.00 Alameda County
Population
Total Population 3,520 1,656,754
Total Households 2,158 577,177
Income
Median Family Income (Census*) $37,986 $99,406
Median Family Income (2019 FFIEC) $111,700 N/A
Tract Income Percentage 40.48% N/A
Below Poverty Level 43.3% 9.9%
Unemployment Level 14.6% 4.6%
Housing
Total Housing Units 2,383 608,096
Total Owner-Occupied Units 5.7% 53.5%
Total Renter-Occupied Units 84.9% 46.5%
Total Vacant Units 9.4% 3.5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

5
Total Voting Members
in Governing Body
info
0
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Patrick Lane
President
(510) 238-7362
Principal Officer info
Patrick Lane
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.