Overview
What is Nehemiah Economic Development Inc?
Nehemiah Economic Development Inc is a nonprofit organization committed to enhancing living conditions in underprivileged areas. Their primary focus lies in offering affordable housing solutions to those in need. Moreover, they extend their support to disadvantaged students by providing educational financial aid in the form of tuition grants. Additionally, they allocate funds to improve infrastructure in designated regions, contributing to the overall development of these communities.
Is Nehemiah Economic Development Inc legitimate?
Nehemiah Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nehemiah Economic Development Inc submitted a form 990EZ, 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.
What is the mission statement of Nehemiah Economic Development Inc?
Nehemiah Economic Development Inc is committed to serving disadvantaged communities by providing affordable housing and supporting disadvantaged students. Their efforts include offering tuition grants to students and allocating funds for the improvement of structures in designated areas. This organization aims to make a significant impact in these communities, striving to improve living conditions and educational opportunities for those in need.
Who is the CEO of Nehemiah Economic Development Inc?
Kofi Hormeku is the President of Nehemiah Economic Development Inc.
What is the revenue of Nehemiah Economic Development Inc?
Nehemiah Economic Development Inc's revenue in 2021 was $75,525.
Who are the executives of Nehemiah Economic Development Inc and what are their salaries?
Here are 2 key members and their salaries:
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Where can I find the form 990EZ for Nehemiah Economic Development Inc?
Nehemiah Economic Development Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Nehemiah Economic Development Inc
Nehemiah Economic Development Inc, a nonprofit organization, is dedicated to making a difference in disadvantaged communities. Their primary mission is twofold: to provide affordable housing for those residing in these areas and to support disadvantaged students. In line with the housing aspect, the organization provides funds to improve structures in designated areas, ensuring that residents have access to safe and affordable living spaces.
In addition to housing, Nehemiah Economic Development Inc also extends its support to disadvantaged students. They offer tuition grants, helping to alleviate financial burdens and making higher education more accessible. This commitment to education is a crucial part of their mission, as they aim to provide opportunities for growth and development to those who may otherwise be unable to afford it. By investing in both housing and education, Nehemiah Economic Development Inc is working to improve the lives of individuals and communities in need.
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Impact
August, 2024
Nehemiah Economic Development Inc's impact lies in its contribution to community improvement through the provision of affordable housing in disadvantaged areas, support to disadvantaged students in the form of tuition grants, and funding for improving structures in designated areas. It aims to uplift individuals and neighborhoods by addressing issues of housing affordability and educational accessibility, thereby fostering positive change and growth within the community.
This information is meant to be a general summary of Nehemiah Economic Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $75,525
- Gross Receipts: $75,525
Assets and Liabilities:
- Total Assets: $448,447
- Total Liabilities: $41,256
- Net Assets: $407,191
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Organization Details
Phone
(718) 346-0739Principal Officer
Kofi Hormeku
Main Address
695 MOTHER GASTON BLVD, BROOKLYN, NY, 11212
NTEE Category
Code: S20 - Community improvement
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