Public Charity

Rende Progress Capital

Based in Grand Rapids, MI, Rende Progress Capital operates as a Public Charity. The organization reported $638K in revenue, $463K in expenses, $3.6M in total assets for fiscal year 2024. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $420K.

EIN: 820689514 Grand Rapids, MI Latest filing: 2024
Total Revenue$638K
Total Expenses$463K
Total Assets$3.6M
Grant Records5
Funding Total$420K
Filing Years2019–2024

Mission

RPC is committed to economic equity by providing socially responsible and affordable lending and responsible and affordable lending and services to entrepreneurs who have been excluded from traditional lending due to socio-economic reasons & bias.

Officers & Directors

Board Member Beverly Meek
Board Member Bing Goei
Board Treasurer & General Manager Cuong Q Huynh
Board Member Dr Lisa Cook
Chair and Director Eric K Foster
Board Member Merideth Freeman

Officer compensation and complete director data available with membership.

Top Grant Purposes

MULTIPLE GRANTS AWARDED
$350,000 2 grants
PHILANTHROPY, VOLUNTARISM & GRANT MAKING FOUNDATIONS
$50,000 1 grant
ENTREPRENEURSHIP
$10,000 1 grant
FOSTERING ENTREPRENEURSHIP
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $638K $463K $3.6M
2023 $814K $467K $3.4M
2022 $1.4M $453K $3.0M
2020 $1.8M $313K $2.2M
2019 $235K $218K $373K

Between 2019 and 2024, reported annual revenue grew from $235K to $638K (+171%), with total assets most recently reported at $3.6M.

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

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