Nonprofit · EIN 81-1338331
RACINE REVITALIZATION PARTNERSHIP
Also known as THE PARTNERSHIP
Tax-exempt · RACINE, WI 53403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $103,923 | $168,697 | -$64,774 | $937,736 | $820,029 | $117,707 |
| December 31, 2023 | 990 | $151,925 | $163,146 | -$11,221 | $1,023,663 | $841,182 | $182,481 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $443,677
- of which government grants
- $384,137
- Program service revenue
- $36,685
- Investment income
- -$407,878
- Net rental income
- $31,103
- Net gain from sales of assets
- -$408,663
- Other revenue
- $31,439
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $65,000
- Salaries, compensation and benefits (total)
- $82,052
- Professional fundraising fees
- $0
- Legal fees
- $30
- Accounting fees
- $17,464
- Occupancy
- $5,038
- Depreciation
- $36,147
- Program services (functional)
- $114,715
- Management and general (functional)
- $44,365
- Fundraising (functional)
- $9,617
Balance sheet and other
- Total assets, start of year
- $1,023,663
- Total assets, end of year
- $937,736
- Total liabilities, end of year
- $820,029
- Net assets, end of year
- $117,707
- Land, buildings and equipment
- $926,466
- Net assets without donor restrictions
- $45,725
- Net assets with donor restrictions
- $71,982
- Gross receipts
- $916,046
- Employees
- 1
- Volunteers
- 25
- Year formed
- 2016
- State of legal domicile
- WI
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHLEEN SNYDER | EXECUTIVE DIRECTOR Officer | 40 | $65,000 | $11,535 |
| PAMALA HANDROW | PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| BOB REINDERS | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| JOSH SOPCZAK | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| LINEA ANTHONY | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BENJAMIN ANDREWS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JORDAN BROWN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TERRENCE FITCH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MOLLIE JONES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JEFFREY LATUS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHRIS ZAMECNIK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHLEEN SNYDER | EXECUTIVE DIRECTOR Officer | 40 | $65,000 | $9,045 |
| PAMALA HANDROW | PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| BOB REINDERS | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $0 |
| JOSH SOPCZAK | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| LINEA ANTHONY | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BENJAMIN ANDREWS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JORDAN BROWN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TERRENCE FITCH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MOLLIE JONES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DASHEIKA KIDD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JEFFREY LATUS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHRIS ZAMECNIK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1405 16TH ST, RACINE, WI 53403-2249
- Mailing address (990-N for 2016)
- 1402 Washington Ave, Racine WI 53403
- Principal officer (990 for 2024)
- KATHY SNYDER, 1405 16th STREET, RACINE, WI 53403
- Principal officer (990-N for 2016)
- Joseph Heck, 432 Shoreland Drive, Racine WI 53402
- Signed the 990
- KATHY SNYDER, EXECUTIVE DIRECTOR
- Phone
- (262) 456-2340
- Website
- revitalizeracine.com
- Return prepared by
- Krause & Associates SC
Mission
Our mission is to build a better Racine through the social, physical, and economic revitalization of our neighborhoods.
Program accomplishments
- The Organizations core strategies include: Resident Participation: Involve neighborhood residents in the revitalization process and use their involvement in the process to help them achieve personal growth. Collaboration: 1) Create partnerships between private businesses, nonprofit institutions, and government. 2) Partner to ensure the most efficient use of limited resources. Economic Inclusion: 1) Create an investment-friendly environment to foster economic development in the neighborhood. 2) Utilize investments in housing and other projects to leverage job training, employment opportunities, and contracting opportunities for our residents. 3) Work with financial institutions to ensure our residents and businesses have equal access to federally-insured banking institutions that will provide households with the opportunity to conduct basic financial transactions, save for emergency and long-term security needs, build a solid credit history, and have access to credit on fair and affordable terms.Expenses $114,715 · revenue $36,685
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1338331
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $937,736
- Income (IRS master file)
- $916,046
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $103,923 | $168,697 | $937,736 | IRS |
| 990 | December 2023 | $151,925 | $163,146 | $1,023,663 | XML |
| 990 | December 2022 | $213,434 | $161,782 | $1,134,454 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Joseph Heck | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-1338331).
Questions about RACINE REVITALIZATION PARTNERSHIP
- What is the EIN of RACINE REVITALIZATION PARTNERSHIP?
- The employer identification number (EIN) of RACINE REVITALIZATION PARTNERSHIP is 81-1338331.
- Is RACINE REVITALIZATION PARTNERSHIP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to RACINE REVITALIZATION PARTNERSHIP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RACINE REVITALIZATION PARTNERSHIP 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 RACINE REVITALIZATION PARTNERSHIP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RACINE REVITALIZATION PARTNERSHIP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RACINE REVITALIZATION PARTNERSHIP?
- The 990 for the year ended December 31, 2024 names KATHY SNYDER.
- Who are the officers and directors of RACINE REVITALIZATION PARTNERSHIP?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $65,000 (KATHLEEN SNYDER, EXECUTIVE DIRECTOR).
- How much revenue does RACINE REVITALIZATION PARTNERSHIP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $103,923, expenses of $168,697 and total assets of $937,736 at year end.
Other nonprofits in RACINE
- THE MANAGING DIRECTORS ASSOCIATION OF THE NORTHWESTERN MUTUAL LIFE EIN 39-1262602 · last filed 990 for 2025
- DOWNTOWN RACINE CORP EIN 39-1402470 · last filed 990 for 2025
- JUNIOR LEAGUE OF RACINE WISCONSIN INC EIN 39-6076055 · last filed 990-EZ for 2025
- VISIONING A GREATER RACINE INC EIN 81-2919524 · last filed 990-N for 2024
- RACINE EDUCATION UNISERV COUNCIL BUILDING INC EIN 39-1931275 · last filed 990-N for 2024
- L321 RACINE FIREFIGHTERS CHARITABLE FOUNDATION EIN 33-2516336 · last filed 990-N for 2025
- WISCONSIN BUSINESS AVIATION ASSOCIATION INC EIN 39-1999517 · last filed 990-N for 2025
- LIGHTHOUSE QUILTERS CLUB EIN 93-0838756 · last filed 990-N for 2025
All nonprofits in RACINE · Wisconsin · Community improvement and capacity building