URBAN RENEWAL INITIATIVE FOUNDATION

ROYAL OAK, MI, 48067-0976 (248) 837-1397 Est. 2012 EIN 45-4842669

T30 - Public Foundations 990 - Public charity return 501(c)(3)

Mission

CULTURAL FACILITY ESTABLISHMENT AND BLIGHT REMOVAL

Total Revenue

$18,452,898

Total Expenses

$637,359

Net Assets

$44,645,045

7 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

10+ years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 75.2%

Expenses ↑ 17.5%

Revenue Sources

Contributions 99.3% Investment 0.7%

Expense Breakdown

Management 96.9% Fundraising 3.1%

Individual compensation is available on Grow plans.

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$18,452,898 ↑	$637,359	$44,645,045
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$10,531,514 ↑	$542,353	$26,449,506
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$6,405,060 ↑	$362,599	$16,460,345
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$3,278,804	$193,511	$4,422,590