Skip to the page content
Your donations
Passes our checks

Rise Community Development

EIN 43-1611669 · Saint Louis, MO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak25 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

RISE PARTNERS WITH COMMUNITIES TO BUILD STRONGER, MORE EQUITABLE ST. LOUIS AREA NEIGHBORHOODS. WE REDEVELOP AND STRENGTHEN COMMUNITIES BY PROVIDING HOUSING DEVELOPMENT SERVICES, CAPACITY-BUILDING AND FINANCING, WITH THE GOAL OF REVITALIZING ST. LOUIS NEIGHBORHOODS.

Income
$1.1 million
Spending
$1.8 million
Spent on programs
74%
Reserves
-22.4 months of spending
Largest source of income
fees for its services, 75%
Employees
0
Volunteers
45
Highest pay
$161,959, president and executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 25 out of 100. Higher than 3% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 298% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 62% of income.

  • Income trend

    10 of 15

    Income fell 6% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 23 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    16 of 16 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $593,146 spent. AFFORDABLE AND MIXED-INCOME HOUSING/MIXED-USE REAL ESTATE DEVELOPMENT: RISE DEVELOPS AFFORDABLE AND MIXED-INCOME HOUSING AND MIXED-USE PROPERTIES IN HISTORICALLY UNDERINVESTED AREAS OF THE ST. LOUIS REGION. WE ALSO PROVIDE AFFORDABLE HOUSING DEVELOPMENT CONSULTANT SERVICES TO NONPROFIT AND OTHERS PARTNERS ENGAGED IN COMMUNITY DEVELOPMENT IN THE ST. LOUIS METROPOLITAN AREA. THE DEVELOPMENT OF AFFORDABLE AND MARKET-RATE HOUSING IN THESE AREAS ENERGIZES THE LOCAL ECONOMY, REDUCES CRIME, IMPROVES THE COMMUNITY'S QUALITY OF LIFE AND CREATES AN ATMOSPHERE THAT SUPPORTS THE EMOTIONAL AND INTELLECTUAL DEVELOPMENT OF ITS CHILDREN. THROUGH THIS WORK, WE AIM TO INSPIRE CONFIDENCE FOR PRIVATE MARKET FORCES TO THEN FOLLOW WITH FURTHER INVESTMENT.
  2. $244,345 spent. COMMUNITY DEVELOPMENT TECHNICAL ASSISTANCE: RISE'S COMMUNITY DEVELOPMENT TECHNICAL ASSISTANCE PROGRAM PROVIDES TECHNICAL ASSISTANCE TO ST. LOUIS AREA COMMUNITY DEVELOPMENT CORPORATIONS (CDCS) TO ENHANCE THEIR STRENGTH AND FOCUS IN NEIGHBORHOODS THAT WANT TO SEE POSITIVE CHANGES. OUR SPECIALIZED AREAS OF TECHNICAL ASSISTANCE INCLUDE: ORGANIZATIONAL ASSESSMENTS, BOARD TRAINING AND DEVELOPMENT, COMMUNITY ASSESSMENTS, ORGANIZATIONAL STRATEGIC PLANNING, ORGANIZATIONAL FINANCIAL MANAGEMENT, RESOURCE DEVELOPMENT, COMMUNITY PLANNING AND ENGAGEMENT, PROJECT PLANNING, PROGRAM PLANNING AND DEVELOPMENT, OUTCOME AND IMPACT MEASUREMENT AND ANALYSIS, HOME AND CDBG TRAINING, CHDO CERTIFICATIONS, AND GIS DATABASES AND MAPPING.
  3. $186,852 spent. PREDEVELOPMENT LOAN PROGRAM: RISE PROVIDES A SOURCE OF FUNDS FOR NEIGHBORHOOD-BASED NOT-FOR-PROFIT ORGANIZATIONS TO PAY COSTS INCURRED IN THE EARLY STAGES OF THEIR REAL ESTATE DEVELOPMENT PROJECTS WHEN CONVENTIONAL FINANCING WOULD NOT BE ABLE TO BE OBTAINED BY SUCH GROUPS.
  4. $280,946 spent. ASSET MANAGEMENT: RISE IS THE MANAGING GENERAL PARTNER OF AFFORDABLE AND MIXED-INCOME HOUSING AND MIXED-USE REAL ESTATE INVESTMENT PARTNERSHIPS. RISE OVERSEES A PORTFOLIO OF RESIDENTIAL AND MIXED-USE PROPERTIES THAT ARE DIRECTLY MANAGED ON A DAY TO DAY BASIS BY THIRD PARTY PROPERTY MANAGEMENT FIRMS, WITH THE EXCEPTION OF UNIVERSITY LOFTS IN DOWNTOWN ST. LOUIS, WHICH IS MANAGED DIRECTLY BY RISE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 1992.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Enterprise Community Development Inc (Columbia, MD), EIN 52-1888775. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.