Overview
What is Northwest Neighborhoods Cdc?
Northwest Neighborhoods Cdc is a nonprofit organization situated in Cleveland, Ohio, specifically at 6516 Detroit Ave 1, dedicated to community development. Their primary activities include property management, development, general contracting, and offering various services to maintain and develop housing for individuals with low and moderate incomes. This organization serves nearly 28,000 residents in Cudell, Detroit Shoreway, and Edgewater, located on the west side of Cleveland. Northwest Neighborhoods fosters collaboration and works towards guiding the physical, economic, and social development of these neighborhoods, aiming to improve the overall quality of life for the community. The organization employs a team of 34 individuals to carry out its mission.
Official website here: www.nwneighborhoods.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Northwest Neighborhoods CDC has received a Three-Star rating from Charity Navigator, characterized by an overall score of 87%. This rating is derived entirely from its Accountability & Finance score, which reflects strong governance and financial practices. The organization boasts 100% independent board members, a significant factor in ensuring transparency and accountability.
The nonprofit excels in various areas, including maintaining a conflict of interest policy, a whistleblower policy, and a solid audit and oversight committee. Additionally, it shows commendable program expense ratios, with 81.78% of its expenditures directed towards programs, indicating a strong focus on its mission and effective use of donor funds.
However, there are some limitations, notably the liabilities to assets ratio, which stands at 62.51%. While this indicates a manageable level of liabilities, it may suggest a need for improvement in financial stability. Overall, Northwest Neighborhoods CDC demonstrates a commitment to accountability and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Neighborhoods Cdc legitimate?
Northwest Neighborhoods Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Neighborhoods Cdc 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: $163,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $800,230
For more financial information, click here
Official website here: www.nwneighborhoods.org
What is the mission statement of Northwest Neighborhoods Cdc?
Northwest Neighborhoods Cdc's mission is to offer comprehensive community development services to approximately 28,000 residents in the neighborhoods of Cudell, Detroit Shoreway, and Edgewater on Cleveland's west side. Through collaboration, the organization guides the physical, economic, and social development of these neighborhoods, aiming to enhance the overall quality of life. Their activities include property management and redevelopment, providing services such as property maintenance, development, general contracting, and more for low and moderate income individuals.
Official website here: www.nwneighborhoods.org
Who is the CEO of Northwest Neighborhoods Cdc?
Bridget Kent Marquez is the Director of Northwest Neighborhoods Cdc.
Official website here: www.nwneighborhoods.org
What is the revenue of Northwest Neighborhoods Cdc?
Northwest Neighborhoods Cdc's revenue in 2022 was $2,455,953.
Official website here: www.nwneighborhoods.org
Who are the executives of Northwest Neighborhoods Cdc and what are their salaries?
The average compensation at Northwest Neighborhoods Cdc during 2022 was $28,340. There are 34 employees at Northwest Neighborhoods Cdc.
Here are 27 key members and their salaries:
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- Compensation: $61,970
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Official website here: www.nwneighborhoods.org
Where can I find the form 990 for Northwest Neighborhoods Cdc?
Northwest Neighborhoods Cdc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwneighborhoods.org
Learn more at the official website: www.nwneighborhoods.org
Mission Statement of Northwest Neighborhoods Cdc
Northwest Neighborhoods CDC, a community development organization, is committed to enhancing the lives of nearly 28,000 residents in Cudell, Detroit Shoreway, and Edgewater on the west side of Cleveland, Ohio. Through collaborative efforts, this nonprofit guides the physical, economic, and social development of these neighborhoods, ultimately working towards an improved quality of life for its residents. Their mission is multifaceted, encompassing the provision of comprehensive community development services.
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Impact
October, 2024
Northwest Neighborhoods CDC significantly impacts the communities of Cudell, Detroit Shoreway, and Edgewater on the west side of Cleveland, Ohio, by serving nearly 28,000 residents. The organization focuses on comprehensive community development services, which include property management, development, general contracting, and other essential housing services tailored for low and moderate-income individuals.
By actively engaging in collaboration with local stakeholders, Northwest Neighborhoods CDC drives efforts to improve the physical, economic, and social conditions of the neighborhoods. This holistic approach enhances the overall quality of life for residents, fostering a sense of community and belonging while addressing critical needs for affordable housing and revitalization. Their dedication to community improvement not only helps residents find stable and secure housing but also contributes to sustainable neighborhood growth and development.
This information is meant to be a general summary of Northwest Neighborhoods Cdc. 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 2022.
- Investment Income: $66,072
- Program Service Revenue: -$505,817
- Gross Receipts: $2,455,953
Assets and Liabilities:
- Total Assets: $11,325,935
- Total Liabilities: $7,716,324
- Net Assets: $3,609,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEES
Revenue
$79,150
PROPERTY MGMT
Revenue
$29,819
PASS-THROUGH INC/LOSS
Revenue
-$614,786
Organization Details
Founding Year
1976
Phone
(216) 961-4242Principal Officer
Bridget Kent Marquez
Main Address
6516 DETROIT AVE 1, CLEVELAND, OH, 44102
Website
www.nwneighborhoods.orgNTEE Category
Code: S20Z - Community improvement
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