Public Charity

URBAN RENEWAL INITIATIVE FOUNDATION

URBAN RENEWAL INITIATIVE FOUNDATION is a Public Charity headquartered in ROYAL OAK, MI. Financial data from the 2024 filing: $18.5M revenue, $637K expenses, $48.2M total assets. 5 publicly reported grants to this organization, totaling roughly $9.6M, appear in IRS filings.

EIN: 454842669 ROYAL OAK, MI Latest filing: 2024
Total Revenue$18.5M
Total Expenses$637K
Total Assets$48.2M
Grant Records5
Funding Total$9.6M
Filing Years2019–2024

Mission

CULTURAL FACILITY ESTABLISHMENT AND BLIGHT REMOVAL

Sample Grants Received

2024
PHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS
$6,125,000
2023
PHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS
$1,350,000
2022
BUILDING/RENOVATION/CAPITAL CAMPAIGN/GENERAL OPERATIONS
$225,000
2021
PUBLIC, SOCIETAL BENEFIT
$100,000
2020
CONSTRUCTION OF ARTS FACILITIES
$1,750,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

PRESIDENT-TREASURER-DIRECTOR A Paul Schaap
DIRECTOR Barbara Detwiler
DIRECTOR Eugene Gargaro Jr
EXECUTIVE DIRECTOR Jaime Rae Turnbull
DIRECTOR Mark Mccourt
SECRETARY-DIRECTOR Paul Lavins

Officer compensation and complete director data available with membership.

Top Grant Purposes

PHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS
$7,475,000 2 grants
CONSTRUCTION OF ARTS FACILITIES
$1,750,000 1 grant
BUILDING/RENOVATION/CAPITAL CAMPAIGN/GENERAL OPERATIONS
$225,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $18.5M $637K $48.2M
2023 $10.5M $542K $28.1M
2022 $6.4M $363K $16.5M
2020 $3.3M $194K $4.4M
2019 $306K $23K $1.3M

Between 2019 and 2024, reported annual revenue grew from $306K to $18.5M (+5922%), with total assets most recently reported at $48.2M.

Interactive year-over-year charts and full filing details available with membership.

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