Organizations Filed Purposes:
Legacy Redevelopment Corporation (LRC) is a non-profit Community Development Financial Institution (CDFI) revolving loan fund whose mission is to enhance neighborhood vitality, facilitate a sustainable and economically diverse community, and build wealth through the design and implementation of innovative finance programs in the City of Milwaukee.
To enhance neighborhood vitality, facilitate a sustainable and economically diverse community, and build wealth through the design and implementation of innovative finance programs in the City of Milwaukee.
In 2019, LRC provided loans to small businesses and non-profit organizations exceeding $430,000. Job creation was attained in addition to working with minority owned businesses. Over 92% of the loans serve the low to moderate income community.We also provide one-on-one technical assistance to business start ups and expansions that are customized to the needs of the potential borrower.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Jose A Mantilla | CEO | 40 | $91,137 |
| Richard W Lincoln | Director | 1 | $0 |
| Rev Louis E Sibley Iii | Director | 1 | $0 |
| Troy L Reese | Chairman | 1 | $0 |
| John A Erich Esq | Vice Chair | 1 | $0 |
| Michael S D'Amato | Treasurer | 1 | $0 |
| Deshea D Agee | Director | 1 | $0 |
| Sharon Adams | Director | 1 | $0 |
| Sally R Peltz | Director | 1 | $0 |
| Abra E Fortson | Secretary | 1 | $0 |
| Arthur T Phillips Esq | Director | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202023189349308152_public.xml