Overview
What is Housing And Neighborhood Development Service?
Housing and Neighborhood Development Service, commonly referred to as HANDS, is a nonprofit organization based in Erie, Pennsylvania. With a presence in five neighboring counties, HANDS stands as the largest provider of high-quality, affordable housing in northwestern Pennsylvania. Over the past five decades, the organization has successfully developed over 1,033 units of affordable rental housing in nine counties across Pennsylvania. HANDS is renowned for its well-designed and constructed rental communities, consistently setting a high standard in the region. In addition to multi-family developments, HANDS also constructs and develops single-family homes for moderate to low-income families, often acting as a first-time homebuyer's stepping stone. Furthermore, HANDS offers support services to its residents to enhance their living experience and ensure long-term success. With a mission to create stronger and more vibrant neighborhoods, HANDS strives to improve the lives of its community members. Currently, HANDS employs a team of 50 dedicated individuals.
Official website here: www.hands-erie.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Housing And Neighborhood Development Service has earned a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's score reflects a strong emphasis on transparency and effective governance, as evidenced by its independent board members and robust financial oversight mechanisms.
The organization boasts a perfect score in several categories, including independent board membership and the presence of a whistleblower policy. With a program expense ratio of 87.58%, the majority of its expenditures are directed towards fulfilling its mission, demonstrating effective resource allocation.
However, while the financial indicators are strong, there is no detailed information available regarding programmatic outcomes or impact. This leaves a gap in understanding how effectively the charity is achieving its goals in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Housing And Neighborhood Development Service legitimate?
Housing And Neighborhood Development Service is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing And Neighborhood Development Service 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: $106,329
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,431,628
For more financial information, click here
Official website here: www.hands-erie.org
What is the mission statement of Housing And Neighborhood Development Service?
The Housing and Neighborhood Development Service, often referred to as HANDS, works towards creating stronger and more vibrant neighborhoods in partnership with the communities it serves. This is primarily achieved through the development and management of affordable housing. As the largest non-profit provider of high-quality affordable housing in northwestern Pennsylvania, HANDS currently oversees 1,092 apartment homes in over 43 housing communities across five counties. With a history spanning over 50 years, HANDS has successfully developed more than 1,033 units of affordable rental housing in nine counties across Pennsylvania. The designs and constructions of their multifamily developments are among the best in Pennsylvania, and they also build single-family homes for moderate to low-income families, often serving as first-time home buyers. Additionally, HANDS offers support services to its resident families to enrich their living experience and ensure a successful long-term living arrangement.
Official website here: www.hands-erie.org
Who is the CEO of Housing And Neighborhood Development Service?
Matthew Good is the Director of Housing And Neighborhood Development Service. The CEO's salary of Housing And Neighborhood Development Service is $96,456 and their total compensation is $100,945.
Official website here: www.hands-erie.org
What is the revenue of Housing And Neighborhood Development Service?
Housing And Neighborhood Development Service's revenue in 2022 was $2,914,341.
Official website here: www.hands-erie.org
Who are the executives of Housing And Neighborhood Development Service and what are their salaries?
The average compensation at Housing And Neighborhood Development Service during 2022 was $30,759. There are 50 employees and 15 volunteers at Housing And Neighborhood Development Service.
Here are 16 key members and their salaries (Housing And Neighborhood Development Service's CEO's salary is $96,456 and their total compensation is $100,945):
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- Compensation: $96,456
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- Other: $4,489
Official website here: www.hands-erie.org
Where can I find the form 990 for Housing And Neighborhood Development Service?
Housing And Neighborhood Development Service's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hands-erie.org
Learn more at the official website: www.hands-erie.org
Mission Statement of Housing And Neighborhood Development Service
Housing And Neighborhood Development Service (HANDS) is committed to enhancing the vitality of neighborhoods by working in collaboration with the communities it serves. Its primary objective is to provide high-quality, affordable housing, overseeing 1,092 apartment homes in 43 housing communities across five counties. With a rich history spanning over 50 years, HANDS has successfully developed over 1,033 units of affordable rental housing in nine counties across Pennsylvania. The organization takes pride in designing and constructing some of the best rental communities in the state. Beyond rental properties, HANDS also builds single-family homes for moderate to low-income families, often serving as their first homeowners.
In addition to housing development, HANDS extends its support to its residents to enrich their living experiences and ensure a successful long-term stay. By offering various support services, HANDS aims to contribute to the overall well-being of its residents. These services enrich the residential experience, contributing to a harmonious and sustainable living situation.
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Impact
October, 2024
Housing And Neighborhood Development Service (HANDS) significantly impacts communities in northwestern Pennsylvania by fostering stronger, more vibrant neighborhoods through the development and management of affordable housing. Over the past 50 years, HANDS has established itself as the largest provider of high-quality affordable housing in the region, currently overseeing 1,092 apartment homes across 43 housing communities in five counties.
The organization has successfully developed more than 1,033 units of affordable rental housing, which are recognized for their exceptional design and construction. Additionally, HANDS focuses on building single-family homes specifically for moderate to low-income families, many of whom are first-time homebuyers. This not only helps in providing safe and sustainable living options but also contributes to community stability and growth.
Moreover, HANDS enriches residents' experiences by offering support services that promote successful long-term living arrangements, ensuring that families can not only find a home but thrive in their community as well. This holistic approach to housing has a lasting positive impact, promoting both individual and collective prosperity in the neighborhoods served.
This information is meant to be a general summary of Housing And Neighborhood Development Service. 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: $210,657
- Program Service Revenue: $1,078,573
- Gross Receipts: $2,914,341
Assets and Liabilities:
- Total Assets: $14,055,017
- Total Liabilities: $7,867,610
- Net Assets: $6,187,407
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$672,461
CONSULTANT/DEVELOPER'S
Revenue
$256,683
RENT INCOME
Revenue
$146,373
MISCELLANEOUS INCOME T
Revenue
$3,056
Organization Details
Founding Year
1966
Phone
(814) 453-3333Principal Officer
Matthew Good
Main Address
7 EAST 7TH STREET, ERIE, PA, 165011105
Website
www.hands-erie.orgNTEE Category
Code: L20Z - Housing
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