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Neighborhood Housing Services Of Stamford Inc

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

EIN: 061063650 ✦ Stamford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood Housing Services Of Stamford Inc?

Neighborhood Housing Services of Stamford Inc, located at 295 West Main Street, Stamford, Connecticut 06902, is a dedicated nonprofit organization with a mission to preserve existing housing, foster affordable housing for low and moderate-income individuals, and enhance neighborhoods within Stamford, Connecticut. They achieve this mission by providing low-interest loans and housing to eligible individuals through a revolving loan fund. The small team of two employees works tirelessly to improve local communities and make housing more accessible to those in need.

Is Neighborhood Housing Services Of Stamford Inc legitimate?

Neighborhood Housing Services Of Stamford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Stamford 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: $76,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,888

For more financial information, click here

What is the mission statement of Neighborhood Housing Services Of Stamford Inc?

Neighborhood Housing Services of Stamford Inc is dedicated to preserving existing housing, creating affordable housing options for individuals with low and moderate incomes, and enhancing neighborhoods. They strive to provide housing solutions and offer low-interest loans to eligible individuals through their revolving loan fund. Their main objective is to improve the living conditions and promote community development. The organization actively works towards making housing more accessible and affordable for those in need.

Who is the CEO of Neighborhood Housing Services Of Stamford Inc?

Nydia Brown is the Executive Di of Neighborhood Housing Services Of Stamford Inc.

What is the revenue of Neighborhood Housing Services Of Stamford Inc?

Neighborhood Housing Services Of Stamford Inc's revenue in 2022 was $374,826.

Who are the executives of Neighborhood Housing Services Of Stamford Inc and what are their salaries?

The average compensation at Neighborhood Housing Services Of Stamford Inc during 2022 was $47,806. There are 2 employees and 8 volunteers at Neighborhood Housing Services Of Stamford Inc.


Here are 8 key members and their salaries:


Nydia Brown (Executive Di)
  • Compensation: $76,725
  • Related: $0
  • Other: $0
English Drakeford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lavern Robinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Truglia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marina Garcia (Asst Vice Pr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Walden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Bille Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Neighborhood Housing Services Of Stamford Inc?

Neighborhood Housing Services Of Stamford Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Neighborhood Housing Services Of Stamford Inc

Neighborhood Housing Services of Stamford Inc is dedicated to preserving existing housing, creating affordable housing opportunities, and enhancing neighborhoods for individuals with low and moderate incomes. This nonprofit organization's mission is multifaceted, aiming to maintain the current housing stock while simultaneously addressing the housing needs of those in need. By providing housing solutions and low-interest loans to eligible individuals, Neighborhood Housing Services of Stamford Inc aims to make housing more accessible and affordable for those who may otherwise struggle to secure a suitable living environment. Furthermore, the organization works towards improving neighborhoods as a whole, contributing to the overall well-being and quality of life for its residents.

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Impact




October, 2024

Neighborhood Housing Services of Stamford Inc plays a crucial role in enhancing the quality of life for residents in Stamford, Connecticut, through its focus on housing preservation and affordability. By providing housing solutions for low-income individuals, the organization helps to ensure that vulnerable populations have access to safe and adequate living conditions.

Additionally, the initiative offers low-interest loans via a revolving loan fund, facilitating home renovations and improvements for qualifying individuals. This financial support not only helps residents maintain their homes but also contributes to the overall neighborhood revitalization efforts in Stamford, fostering a more vibrant and cohesive community.

Through its commitment to creating affordable housing, Neighborhood Housing Services impacts not just individual families, but the wider community by improving neighborhood standards and encouraging economic stability. As a result, the organization plays a vital role in addressing housing needs and enhancing the livability of Stamford for all its residents.




This information is meant to be a general summary of Neighborhood Housing Services Of Stamford 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
$374,826 (2022)
Expenses
$446,342 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $119
  • Program Service Revenue: $374,707
  • Gross Receipts: $374,826

Assets and Liabilities:

  • Total Assets: $1,187,298
  • Total Liabilities: $1,509,446
  • Net Assets: -$322,148

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Programs

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

HOUSING

Revenue

$433,725

CHANGE IN INVESTMENT

Revenue

-$59,018

Organization Details

Principal Officer

Nydia Brown

Main Address

295 WEST MAIN STREET, STAMFORD, CT, 06902

NTEE Category

Code: L80Z - Housing

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