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Nonprofit · EIN 20-8181931

RENAISSANCE COMMUNITY LOAN FUND INC

Tax-exempt · GULFPORT, MS 39503

Financials

$5.4M$5M2023$5.9M$5.7M2024$7.5M$7.5M2025
Revenue Expenses · by fiscal year end
Financials of RENAISSANCE COMMUNITY LOAN FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$7,477,242$7,462,726$14,516$83,126,859$53,188,536$29,938,323
December 31, 2024990$5,936,705$5,744,716$191,989$66,494,902$36,571,093$29,923,809
December 31, 2023990$5,391,783$5,040,988$350,795$61,916,456$32,184,636$29,731,820
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,044,653
Program service revenue
$1,616,067
Investment income
$3,811,983
Net gain from sales of assets
$267
Other revenue
$4,539

Expenses

Grants and similar amounts paid
$1,339,703
Compensation of officers, directors and key employees
$876,564
Other salaries and wages
$1,675,192
Salaries, compensation and benefits (total)
$3,246,831
Professional fundraising fees
$0
Legal fees
$55,005
Accounting fees
$50,485
Occupancy
$84,804
Travel
$109,846
Depreciation
$50,769
Program services (functional)
$5,846,881
Management and general (functional)
$1,615,845

Balance sheet and other

Total assets, start of year
$66,494,902
Total assets, end of year
$83,126,859
Total liabilities, end of year
$53,188,536
Net assets, end of year
$29,938,323
Land, buildings and equipment
$1,299,516
Publicly traded securities
$229,200
Net assets without donor restrictions
$29,896,323
Net assets with donor restrictions
$42,000
Gross receipts
$7,477,242
Employees
42
Volunteers
0
Year formed
2007
State of legal domicile
MS

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KIMBERLY LAROSAPRESIDENT/CEO
Officer, Highest-paid employee
40$266,240
CHARLES WALLCHIEF FIANACIAL OFFICER
Highest-paid employee
40$200,000
CAMILLE T SCHAFERDIRECTOR OF PROGRAMS
Highest-paid employee
40$145,000
JOHN MARLINDIRECTOR OF LENDING
Highest-paid employee
40$134,724
DENISE CARVERDIRECTOR OF MARKETING & AD
Highest-paid employee
40$130,600
DOROTHY SHAWCHAIRMAN
Trustee or director, Officer
0$0
DAVE DENNISSECRETARY
Trustee or director
0$0
DAVID NICHOLSVICE CHAIRMAN
Trustee or director, Officer
0$0
KAREN SOCKDIRECTOR
Trustee or director
0$0
LAURA HASTYTREASURER
Trustee or director, Officer
0$0
MICHELLE WHETTENDIRECTOR
Trustee or director
0$0
ZELL LONGDIRECTOR
Trustee or director
0$0
JONATHAN AUGUSTDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
KIMBERLY LAROSAPRESIDENT/CEO
Officer, Highest-paid employee
40$268,288
CHARLES WALLCHIEF FIANACIAL OFFICER
Highest-paid employee
40$202,000
CAMILLE T SCHAFERDIRECTOR OF PROGRAMS
Highest-paid employee
40$148,000
JOHN MARLINDIRECTOR OF LENDING
Highest-paid employee
40$148,000
DENISE CARVERDIRECTOR OF MARKETING & AD
Highest-paid employee
40$133,600
DOROTHY SHAWCHAIRMAN
Trustee or director, Officer
0$0
DAVE DENNISSECRETARY
Trustee or director
0$0
DAVID NICHOLSVICE CHAIRMAN
Trustee or director, Officer
0$0
KAREN SOCKDIRECTOR
Trustee or director
0$0
LAURA HASTYTREASURER
Trustee or director, Officer
0$0
MICHELLE WHETTENDIRECTOR
Trustee or director
0$0
ZELL LONGDIRECTOR
Trustee or director
0$0
JONATHAN AUGUSTDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
KIMBERLY LAROSAPRESIDENT/CEO
Officer, Highest-paid employee
40$239,640
CHARLES WALLCHIEF FIANACIAL OFFICER
Highest-paid employee
40$172,130
CAMILLE T SCHAFERDIRECTOR OF PROGRAMS
Highest-paid employee
40$139,500
JOHN MARLINDIRECTOR OF LENDING
Highest-paid employee
40$129,000
DENISE CARVERDIRECTOR OF MARKETING & AD
Highest-paid employee
40$126,400
DOROTHY SHAWCHAIRMAN
Trustee or director, Officer
0$0
DAVE DENNISSECRETARY
Trustee or director
0$0
DAVID NICHOLSVICE CHAIRMAN
Trustee or director, Officer
0$0
KAREN SOCKDIRECTOR
Trustee or director
0$0
LAURA HASTYTREASURER
Trustee or director, Officer
0$0
MICHELLE WHETTENDIRECTOR
Trustee or director
0$0
ZELL LONGDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
8917 LORRAINE RD, GULFPORT, MS 39503-4176
Principal officer (990 for 2025)
KIMBERLY LAROSA, 8917 LORRAINE RD, GULFPORT, MS 39503
Signed the 990
KIMBERLY LAROSA, PRESIDENT/CEO
Phone
(228) 896-3386
Return prepared by
PILTZ WILLIAMS LAROSA & CO

Mission

TO PROVIDE SUPPORT THROUGH TECHNICAL AND FINANCIAL ASSISTANCE TO FACILITATE THE DEVELOPMENT OF COMMUNITIES WHICH PROVIDE SAFE, QUALITY HOUSING FOR THE WORKFORCE AND SPECIAL NEED RESIDENTS OF THE MISSISSIPPI GULF COAST AND ECONOMIC OPPORTUNITIES THAT WILL ADD/RETAIN JOBS IN THE COMMUNITY OR THAT CREATE ENTREPRENEURIAL OPPORTUNITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • THE LENDING PROGRAM WERE ESTABLISHED AS A PERPETUAL FUND THAT CAN, IN TURN, CREATE A SELF-SUSTAINING FUND TO ASSIST THOUSANDS OF RESIDENTS AND POTENTIAL RESIDENTS FOR YERAS TO COME. THIS IS ACCOMPLISHED THROUGH ITS CURRENT LENDING PROGRAMS INCLUDING: MYHOME MYCOAST; THE DREAM FUND; NEW MARKET TAX CREDITS; MS GULF COAST DEVELOPMENT FUND AND SMALL BUSINESS AND COMMERCIAL LENDING
    Expenses $5,846,881 · grants $1,339,703 · revenue $5,432,589

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-8181931
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$83,126,859
Income (IRS master file)
$7,477,242

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$7,477,242$7,462,726$83,126,859XML
990-TDecember 2025–––IRS
990December 2024$5,936,705$5,744,716$66,494,902XML
990-TDecember 2024–––IRS
990December 2023$5,391,783$5,040,988$61,916,456XML
990-TDecember 2023–––IRS
990December 2022$6,648,710$3,905,005$53,451,589IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8181931).

Questions about RENAISSANCE COMMUNITY LOAN FUND INC

What is the EIN of RENAISSANCE COMMUNITY LOAN FUND INC?
The employer identification number (EIN) of RENAISSANCE COMMUNITY LOAN FUND INC is 20-8181931.
Is RENAISSANCE COMMUNITY LOAN FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to RENAISSANCE COMMUNITY LOAN FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RENAISSANCE COMMUNITY LOAN FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RENAISSANCE COMMUNITY LOAN FUND INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RENAISSANCE COMMUNITY LOAN FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of RENAISSANCE COMMUNITY LOAN FUND INC?
The 990 for the year ended December 31, 2025 names KIMBERLY LAROSA.
Who are the officers and directors of RENAISSANCE COMMUNITY LOAN FUND INC?
The 990 for the year ended December 31, 2025 lists 13 people; 5 received compensation from the organization, the highest $266,240 (KIMBERLY LAROSA, PRESIDENT/CEO).
How much revenue does RENAISSANCE COMMUNITY LOAN FUND INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $7,477,242, expenses of $7,462,726 and total assets of $83,126,859 at year end.

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