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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Renaissance Economic Development Corporation

Renaissance Economic Development Corporation

Fiscal year ending 2021. Filed on November 11, 2022.

2 Allen Street 7th Floor
New York, New York 10002

Renaissance Economic Development Corporation (EIN: 13-3946529) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Renaissance Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 4 out of 27 total employees. Among the employees shown here, the average compensation is $225,327. The highest compensated employee at Renaissance Economic Development Corporation is Jennifer Sun with fiscal year 2021 compensation of $279,631.

Revenue, expenses, and employee compensation

Revenue

$5,438,735

Expenses

$3,062,573

Employee compensation

$1,924,075
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jennifer Sun
CO Executive Director/ Treasurer
$279,631
$0 $237,414 $42,217
Thomas Yu
Co-Executive Director
$271,560
$0 $246,595 $24,965
Tim Jung
Former Chief Financial Officer
$176,503
$0 $145,801 $30,702
Jessie Lee
Managing Director
$173,613
$157,115 No related comp$16,498

Benchmark Employee Compensation

Non-Employee Board Members

Peggy Chan
Chair
Ping Dang
Board Member
Raymond Lou
Secretary
Timothy Wong
Board Member
Turney Singh Baba
Board Member

Mission Statement

RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION PROVIDES DIRECT FINANCING AND TECHNICAL ASSISTANCE SERVICES THROUGHOUT NEW YORK CITY. RENAISSANCE FOCUSES ON LOW-INCOME NEIGHBORHOODS WHERE THE BARRIERS OF LANGUAGE, CULTURE AND CONVENTIONAL LOAN UNDERWRITING HAVE STYMIED THE GROWTH OF SMALL BUSINESSES. UNDERPINNING ALL OF RENAISSANCE'S LENDING ACTIVITY IS A COMMITMENT TO INCREASE BUSINESS OPPORTUNITIES FOR LOW-INCOME ENTREPRENEURS.

Revisions to this organization profile

November 5, 2025:
2024 Renaissance Economic Development Corporation 990 filed
October 30, 2024:
2023 Renaissance Economic Development Corporation 990 filed
November 6, 2023:
2022 Renaissance Economic Development Corporation 990 filed

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