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Neighborscapes Nfp

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

EIN: 262749690 ✦ Flossmoor, IL ✦ Designated as a 501(c)(3)

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Overview

What is Neighborscapes Nfp?

Neighborscapes NFP is a nonprofit organization situated in Flossmoor, Illinois. Their primary mission is to revitalize blighted neighborhoods by investing in its youth. They achieved this through various programs, with one notable initiative being the Innovation House Program. This program involves the redevelopment of vacant buildings in blighted areas, which are then rented out at below-market rates to community partners, often individuals who contribute their time to the redevelopment efforts. This strategic approach enables Neighborscapes NFP to contribute to community enrichment and youth development in these neglected areas.

Is Neighborscapes Nfp legitimate?

Neighborscapes Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborscapes Nfp 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: $204,515

For more financial information, click here

What is the mission statement of Neighborscapes Nfp?

Neighborscapes NFP aims to revitalize blighted neighborhoods by focusing on the enrichment and development of its youth. Various programs are employed to achieve this goal. One of their initiatives, the Innovation House program, was activated during the year. This program involves the redevelopment of vacant buildings in blighted areas, with the intent of renting them out at below-market rates to community partners. The primary objective is to contribute to the revitalization and improvement of these neighborhoods through the empowerment and growth of their young population.

Who is the CEO of Neighborscapes Nfp?

Jay S Readey is the President of Neighborscapes Nfp.

What is the revenue of Neighborscapes Nfp?

Neighborscapes Nfp's revenue in 2022 was $411,948.

Who are the executives of Neighborscapes Nfp and what are their salaries?

The average compensation at Neighborscapes Nfp during 2022 was $68,172. There are 3 employees and 10 volunteers at Neighborscapes Nfp.


Here are 7 key members and their salaries:


Jay Readey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Perry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Jordan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keeana Barber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lewicki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Carr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raphael Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Neighborscapes Nfp?

Neighborscapes Nfp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Neighborscapes Nfp

Neighborscapes Nfp aims to revitalize blighted neighborhoods by fostering the growth and development of its young population. They achieve this goal through various programs. One of their initiatives, the Innovation House program, was activated during the year. This program involves the redevelopment of vacant buildings in rundown areas, with the intention of renting them out at below-market rates to community partners. This strategy not only helps to revitalize the neighborhood but also provides affordable space for organizations serving the community. By strengthening its young population and enhancing the local environment, Neighborscapes Nfp contributes to the overall improvement and enrichment of the blighted neighborhoods.

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Impact




October, 2024

Neighborscapes Nfp is making a significant impact by revitalizing blighted neighborhoods and focusing on the development of young people. Through innovative programs, such as the Innovation House, vacant buildings in distressed areas are being redeveloped. This initiative not only repurposes unused spaces but also provides affordable housing solutions by offering these properties at below-market rents to community partners who actively contribute their time and resources to the redevelopment efforts.

By strengthening the fabric of these neighborhoods, Neighborscapes Nfp promotes community engagement and cultivates a sense of ownership among residents. The emphasis on youth development ensures that the younger generation is given opportunities and resources to thrive, laying the groundwork for a brighter future. This holistic approach not only revitalizes physical spaces but also fosters social connections and empowers individuals, ultimately leading to stronger, more resilient communities.




This information is meant to be a general summary of Neighborscapes Nfp. 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
$411,948 (2022)
Expenses
$392,510 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $106,943
  • Gross Receipts: $411,948

Assets and Liabilities:

  • Total Assets: $751,421
  • Total Liabilities: $624,853
  • Net Assets: $126,568

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Organization Details

Founding Year

2014

Principal Officer

Jay S Readey

Main Address

710 Argyle Ave, Flossmoor, IL, 60422

NTEE Category

Code: O50 - Youth development

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