RENAISSANCE ECONOMIC DEVELOPMENT
Data sourced from IRS 990 public filings
RENAISSANCE ECONOMIC DEVELOPMENT 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.
RENAISSANCE ECONOMIC DEVELOPMENT has received 19 grants from 13 known foundation funders. Revenue increased from $4,107,593 in 2023 to $6,008,977 in 2024. Most recent reported revenue: $6,008,977.
Annual Revenue
$6,008,977
Known Funders
13
Grants Received
19
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6,008,977 | $5,585,083 | $33,742,646 |
| 2023 | $4,107,593 | $5,123,533 | $32,593,576 |
| 2022 | $4,221,507 | $3,628,639 | $31,291,579 |
| 2021 | $5,438,735 | $3,062,573 | $35,516,317 |
| 2020 | $6,653,392 | $3,379,119 | $34,038,441 |
| 2019 | $2,254,405 | $2,516,020 | $26,895,346 |
| 2018 | $2,370,615 | $2,296,324 | $25,941,998 |
| 2017 | $2,241,356 | $2,177,272 | $26,905,518 |
Top Funders
NEW YORK, NY
NEW YORK, NY
NEW YORK, NY
NEW YORK, NY
SAN FRANCISCO, CA
NEW YORK, NY
NEW YORK, NY
CHARLESTON SC, SC
PHILADELPHIA, PA
CHARLESTON SC, SC
Showing top 10 of 13 funders.
Key Personnel
From 2024 IRS 990 filing
SOCORRO MARIA CORONA
PLEASE PROVIDE TITTLE
JANNIE LAI
DIRECTOR OF PROGRAMS
MARY LIU
DEPUTY MANAGING DIRECTOR
JOY SUZANNE GRANADO
CHIEF ACCOUNTING OFFICER (OUTGOING)
JESSIE LEE
MANAGING DIRECTOR
TURNEY SINGH BABA
TREASURER
TONY LIN
BOARD MEMBER
TIMOTHY WONG
BOARD MEMBER
THOMAS YU
PRESIDENT/EXECUTIVE DIRECTOR
RAYMOND LOU
SECRETARY (OUTGOING)
Showing 10 of 16 key personnel.
Frequently Asked Questions
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