BENTON HARBOR, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RENAISSANCE DEVELOPMENT FUND, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2025. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $4.2M exceeded revenue, resulting in a 107% operating deficit.
THE ORGANIZATION, PARTNERING WITH THE CORNERSTONE ALLIANCE, ENGAGES IN THE DEVELOPMENT OF ECONOMIC GROWTH FOR THE CITIES OF BENTON HARBOR AND ST. JOSEPH AND THE TOWNSHIPS OF BENTON, LINCOLN, AND ROYALTON.
RENAISSANCE DEVELOPMENT FUND IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH FOR THE CITIES OF BENTON HARBOR, MICHIGAN AND ST. JOSPEH, MICHIGAN; THE CHARTER TOWNSHIPS OF BENTON...
RENAISSANCE DEVELOPMENT FUND IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH FOR THE CITIES OF BENTON HARBOR, MICHIGAN AND ST. JOSPEH, MICHIGAN; THE CHARTER TOWNSHIPS OF BENTON, ST. JOSEPH, AND LINCOLN; AND THE TOWNSHIP OF ROYALTON. THE ORGANIZATION'S PRINCIPAL PURPOSE IS TO FOSTER REDEVELOPMENT AND REVITALIZATION OF BLIGHTED REAL PROPERTY AND THE REMEDIATION OF ENVIRONMENTAL CONTAMINATION, AND TO SPONSOR AS WELL AS FUND PROGRAMS THAT WILL HELP THE DISADVANTAGED IN THESE CITIES.IN CONNECTION WITH ITS MISSION TO DEVELOP AND IMPLEMENT ECONOMIC GROWTH IN ITS SERVICE AREA, THE ORGANIZATION PROVIDES LOANS TO LOCAL SMALL BUSINESS OWNERS. THESE NOTES RECEIVABLES ARE PERIODICALLY EVALUATED FOR COLLECTABILITY BASED ON PAST CREDIT HISTORY WITH CUSTOMERS AND THEIR CURRENT FINANCIAL CONDITION. PROVISIONS FOR LOSSES ON NOTES RECEIVABLE ARE DETERMINED ON THE BASIS OF LOSS EXPERIENCE, KNOWN AND INHERENT RISKS IN THE LOANS HELD, THE ESTIMATED VALUE OF UNDERLYING COLLATERAL, IF ANY, AND CURRENT ECONOMIC CONDITIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $2,043,562 | $4,163,048 | -0.5% |
| Expenses | $4,235,545 | $3,861,069 | +0.1% |
| Net Income | $-2,191,983 | $301,979 | -8.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARLA SCHNEIDER | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $10,881 | $220,790 |
| CHRIS COOK | TREASURER | 1.00 |
Officer
Director
|
$0 | $26,000 | $273,714 |
| AMBER HAACK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY ZAPAL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN BERRY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,043,562 | $4,235,545 | $17,295,436 | $-2,191,983 |
| 2024 | No data | No data | No data | No data |
| 2023 | $5,877,883 | $3,204,065 | $20,236,384 | $2,673,818 |
| 2022 | $2,743,175 | $2,820,695 | $22,142,034 | $-77,520 |
| 2021 | $2,827,375 | $3,516,294 | $26,943,889 | $-688,919 |
| 2020 | $6,916,378 | $3,255,561 | $29,918,588 | $3,660,817 |
| 2019 | $14,531,595 | $4,388,034 | $28,671,588 | $10,143,561 |
| 2018 | $2,098,010 | $4,316,009 | $63,466,471 | $-2,217,999 |
Compare RENAISSANCE DEVELOPMENT FUND with other nonprofits in Michigan and across the country.