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PHOENIX REVITALIZATION CORPORATION
Phoenix, AZ · EIN 860663748 · Form 990 · FY2021 · NTEE L80Z · Housing & Shelter · Small ($100K-$1M) · www.phxrevitalization.org
revenue
$813K
expenses
$579K
net assets
$248K
employees
9
program ratio
100%
mission · from form 990

Phoenix Revitalization Corporation (PRC) is a non-profit community development corporation dedicated to the revitalization of neighborhoods by facilitating community improvement projects, and the maintenance and creation of low-income and workforce housing. An emphasis is placed on the revitalization of Central City South, a community located immediately south of the Phoenix Downtown Business District and the Arizona State Capitol Mall.

profile · synthesized from sources

Phoenix Revitalization Corporation (PRC) is dedicated to preserving affordable housing and ensuring compliance with the FDIC's Affordable Housing Disposition Program across multiple states. They primarily serve low-income and very-low-income households by maintaining rental opportunities and providing community development initiatives in Arizona and beyond.

named programs · 6 · from sources

what they call their work

Affordable Housing Disposition Program (AHDP)
Monitors compliance and ensures the preservation of affordable housing for low-income households across multiple states.
Community Action Team (C.A.T.)
Engages community members in various initiatives to improve local neighborhoods.
Community Gardens
Facilitates the creation and maintenance of community gardens to promote local food production and community interaction.
Leaders Connecting
A program that connects residents of all ages through leadership training and mentorship opportunities.
Moving Communities Project
A collaboration with Arizona State University to promote heart health in Central City South through community engagement and education.
Neighborhood Clean Ups
Organizes community clean-up events to enhance neighborhood aesthetics and promote community pride.
activities · 8 groups

what they do

  • Professional Development & Certification Programs 2 activities
    • FDIC / AHDP Training
      Offers free registration for FDIC / AHDP training.
    • Leadership Development and Training
      Provides capacity building, training, and support to an intergenerational group of leaders through the CFAA Leadership Academies and the Leaders Connecting program, which includes a Leadership Academy, an annual Leadership Conference, and a Mentor Program focused on self-esteem, self-efficacy, and community involvement.
  • Affordable Housing Program Administration 1 activity
    • Affordable Housing Preservation and Monitoring
      Maintains a list of apartment rentals participating in the FDIC / Affordable Housing Program for income-eligible applicants and monitors compliance with Land Use Restriction Agreements (LURA) for properties in multiple states to preserve affordable housing for low and very-low-income households. This includes collecting annual, monthly, and bi-monthly reports and conducting site reviews.
  • Business Networking Events 1 activity
    • Community Action Team Meetings
      Hosts and facilitates Community Action Team (CAT) meetings for neighborhood associations, resident leaders, and community stakeholders in Central City South (CCS), providing a forum for presentations, public announcements, and refreshments.
  • Garden-Based Education Programs 1 activity
    • Community Garden Program
      Operates a Community Garden program that provides education and resources to area residents for accessing nutritious and healthy food, including technical assistance for planning, planting, and harvesting, and forms garden clubs to increase socialization.
  • Community Cycling Engagement Programs 1 activity
    • Heart Health Promotion (Moving Communities Project)
      Operates the Moving Communities Project in collaboration with Arizona State University to promote heart health across generations in Central City South, including training Promotores on heart health topics and supporting the formation of walking clubs and a community health coalition.
  • Community Tool Lending and Equipment Access 1 activity
    • Neighborhood Clean-up Support
      Sponsors a minimum of 10 neighborhood clean-ups annually in the City of Phoenix, providing training tips, trash dumpsters, gift cards for supplies, and graphic design support for promotional materials.
  • Cultural Heritage Festivals & Celebrations 1 activity
    • Organizing Community Events and Fairs
      Organizes various community events such as the Community Connection Fair, Central City South G.A.I.N. Event, and community bus tours focused on local history, providing resources, healthy snacks, and activities for residents in Phoenix, AZ.
  • Uncategorized 1 activity
    • Community Resource Lending Program
      Operates an Equipment Lending Program that shares resources with individuals, schools, nonprofits, and partners for various community activities.
financials · form 990 · fy2021
revenue
Total revenue$813K
Contributions & grants$688K85%
Program service revenue$18K2%
Investment income$00%
Other revenue$108K
expenses
Total expenses$579K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$366K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$251K
Cash$223K
Investments$0
Liabilities$4K
Net assets$248K
Liquid reserves4.6 mo
1 years on record · 2021–2021
leadership · form 990 part vii · fy2021

who runs it

board members · 2
  • Grace Salinas — Board Member
  • Luis Miranda — Board Member
relationships · 24

who they work with

  • American Heart Association Partner — Supported the Moving Communities Project.
  • American Heart Association Halle Heart Museum Partner — Hosted a graduation ceremony for Promotores and their families.
  • Arizona Community Foundation Funder — Supports the Leaders Connecting program.
  • Arizona State University (ASU) College of Nursing and Health Innovation Partner — Collaborates on the Moving Communities Project and provided support for the formation of the Moving Communities Coalition.
  • Central City South Partner — Collaborates on community tours highlighting local history and sites in the Central City South neighborhood.
  • City of Phoenix Partner — Partners with the City of Phoenix for the G.A.I.N. event, which includes a Phoenix Police Resource & Information Booth.
  • City of Phoenix - HOPE VI Partner — Supported the Moving Communities Project.
  • City of Phoenix - Hope VI Senior Living Partner — Hosts a current garden project.
  • City of Phoenix - Police Department Partner — Supported the Moving Communities Project.
  • City of Phoenix - Senior Opportunities West (SOW) Partner — Hosts a current garden project.
  • City of Phoenix HOPE VI Emmett McLoughlin Community Training and Education Center Partner — Hosts Community Action Team meetings at their location.
  • FDIC Government — Participating in the FDIC / Affordable Housing Program
  • Federal Deposit Insurance Corporation (FDIC) Partner — Assigned monitoring responsibilities to Phoenix Revitalization Corporation for properties under the Affordable Housing Disposition Program (AHDP).
  • Grant Park Community Garden Partner — Hosts a current garden project.
  • Gregory’s Fresh Marketplace Partner — Supported the Moving Communities Project.
  • Harmon Park Garden Partner — Hosts a current garden project.
  • JP Morgan Chase Funder — Supports the Leaders Connecting program.
  • Marcos de Niza Senior Center Partner — Hosts a current garden project.
  • Nuestro Barrio Neighborhood Association Partner — Works with the Nuestro Barrio Neighborhood Association.
  • St. Luke’s Health Initiatives Funder — Originally funded the Moving Communities Project.
  • State Farm Funder — Supports the Leaders Connecting program.
  • Valley Christian Center Partner — Supported the Moving Communities Project.
  • Valley Hispanic Bomberos Partner — Supported the Moving Communities Project.
  • Wildflower Bread Company Partner — Supported the Moving Communities Project.