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Nhh-Canal Street Apartments Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043664461 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Nhh-Canal Street Apartments Inc?

Nhh-Canal Street Apartments Inc, based in Houston, Texas, is a nonprofit organization under the umbrella of New Hope Housing. Their primary mission is to offer affordable and supportive housing for adults with low incomes, catering to both those with long-term needs and individuals in transition. They accomplish this through single room occupancy (SRO) properties that New Hope Housing owns and manages. The Resident Services Program is a key component, providing permanent supportive housing to those in need.


Official website here: www.newhopehousing.com

Is Nhh-Canal Street Apartments Inc legitimate?

Nhh-Canal Street Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhh-Canal Street Apartments Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,696

For more financial information, click here


Official website here: www.newhopehousing.com

What is the mission statement of Nhh-Canal Street Apartments Inc?

Nhh-Canal Street Apartments Inc, through its affiliation with the nonprofit organization New Hope Housing, is committed to providing supportive and affordable housing for adults with lower incomes. The organization operates single room occupancy (SRO) properties, offering permanent housing solutions for individuals with long-term needs. It also caters to those in transition, ensuring that all residents have access to a secure living environment. The Resident Services Program, a part of this mission, aims to enhance the overall well-being of its residents by providing them with the necessary support they require.


Official website here: www.newhopehousing.com

Who is the CEO of Nhh-Canal Street Apartments Inc?

Joy Horak-Brown is the President & Ceo of Nhh-Canal Street Apartments Inc. The CEO's salary of Nhh-Canal Street Apartments Inc is $0 and their total compensation is $303,063.


Official website here: www.newhopehousing.com

What is the revenue of Nhh-Canal Street Apartments Inc?

Nhh-Canal Street Apartments Inc's revenue in 2022 was $950,229.


Official website here: www.newhopehousing.com

Who are the executives of Nhh-Canal Street Apartments Inc and what are their salaries?

The average compensation at Nhh-Canal Street Apartments Inc during 2022 was $24,900. There are 13 employees and 17 volunteers at Nhh-Canal Street Apartments Inc.


Here are 13 key members and their salaries (Nhh-Canal Street Apartments Inc's CEO's salary is $0 and their total compensation is $303,063):


Kenneth J Valach (Executive Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanford W Criner Jr (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael M Fowler (Chair Emertius)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip A Croker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Horak-Brown (President & Ceo)
  • Compensation: $0
  • Related: $302,078
  • Other: $985
Karen Briggs Gwin (Treasurer/Cfo (Thru Jun 2022))
  • Compensation: $0
  • Related: $92,973
  • Other: $4,183
Tamara Foster (Vp Operations)
  • Compensation: $0
  • Related: $201,250
  • Other: $8,498
Emily Abeln (Assistant Secretary (Thru Apr 2022))
  • Compensation: $0
  • Related: $64,896
  • Other: $2,745
Calvin Tang (Cfo (From Oct 2022))
  • Compensation: $0
  • Related: $38,718
  • Other: $0
Ron Lastimosa (Director Of Real Estate Development)
  • Compensation: $0
  • Related: $162,486
  • Other: $8,448
Ash Hussain (Director Of Finance)
  • Compensation: $0
  • Related: $131,553
  • Other: $8,456
Katie Lamb (Human Resources Director)
  • Compensation: $0
  • Related: $141,600
  • Other: $12,024
Diana Gross (Director Of Fund Development)
  • Compensation: $0
  • Related: $113,750
  • Other: $5,754


Official website here: www.newhopehousing.com

Where can I find the form 990 for Nhh-Canal Street Apartments Inc?

Nhh-Canal Street Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newhopehousing.com

Learn more at the official website: www.newhopehousing.com

Mission Statement of Nhh-Canal Street Apartments Inc

Nhh-Canal Street Apartments Inc, through its nonprofit arm New Hope Housing, is dedicated to providing supportive and affordable housing solutions for adults living on low incomes. The organization operates single room occupancy (SRO) properties, offering permanent housing to individuals with long-term needs and providing temporary residence for those in transition. Their Resident Services Program is a key component, providing comprehensive support to help residents overcome challenges and rebuild their lives. Nhh-Canal Street Apartments Inc's mission is to create a welcoming and inclusive environment where individuals can stabilize their living situation and focus on improving their overall well-being.

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Impact




October, 2024

Nhh-Canal Street Apartments Inc plays a crucial role in addressing housing insecurity for low-income adults in Houston, TX. By providing supportive and affordable housing, the organization helps facilitate stable living conditions for individuals who might otherwise struggle to find suitable accommodation.

Through its single room occupancy (SRO) properties, Nhh-Canal Street Apartments creates an environment where residents can find both financial relief and a sense of community. The Resident Services Program ensures that those with long-term needs receive the necessary support, enhancing their quality of life and promoting self-sufficiency.

Moreover, the organization accommodates residents in transition, offering them a critical safety net as they navigate life changes. This multifaceted approach not only reduces homelessness but also fosters rehabilitation and reintegration into society, significantly impacting the local community by promoting stability and reducing the burdens on social services. Overall, Nhh-Canal Street Apartments Inc serves as a vital resource for vulnerable populations, empowering them to pursue a better future.




This information is meant to be a general summary of Nhh-Canal Street Apartments Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$950,229 (2022)
Expenses
$1,201,632 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,834
  • Program Service Revenue: $942,395
  • Gross Receipts: $950,229

Assets and Liabilities:

  • Total Assets: $3,060,828
  • Total Liabilities: $139,021
  • Net Assets: $2,921,807

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rental income/fees

Revenue

$942,395

Organization Details

Founding Year

2001

Principal Officer

Joy Horak-Brown

Main Address

3315 Harrisburg Blvd 400, Houston, TX, 77003

NTEE Category

Code: L20 - Housing

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