Overview
What is Ncjc Housing & Development Foundation?
The Ncjc Housing & Development Foundation is a nonprofit organization dedicated to making real estate opportunities accessible for low-income and senior populations. Their mission involves purchasing, developing, leasing, financing, and selling properties with the intent of providing both ownership and affordable rental options. This commitment aims to enhance living standards and promote social equity within these communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating. This score reflects a strong emphasis on accountability and finance, which is crucial for potential donors assessing the organization's reliability. The foundation's overall score is derived entirely from this one beacon, indicating a focused commitment to transparent financial practices.
Strengths of Ncjc Housing & Development Foundation include a fully independent board with 100% of its members being independent, ensuring unbiased governance. The organization also demonstrates robust financial oversight with a perfect score in audit and oversight committee evaluations. Other notable financial metrics include a low liabilities to assets ratio of 3.97% and a program expense ratio of 80%, indicating that a significant portion of funds is directed towards its programs.
While the foundation's accountability and finance scores are commendable, there is no additional information provided about program effectiveness or impact, which can limit a comprehensive assessment of the nonprofit's overall performance. However, the lack of material diversions in assets and a well-documented conflict of interest policy suggests a strong ethical framework in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Ncjc Housing & Development Foundation legitimate?
Ncjc Housing & Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ncjc Housing & Development Foundation 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: $171,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,031
For more financial information, click here
What is the mission statement of Ncjc Housing & Development Foundation?
The Ncjc Housing & Development Foundation's mission is centered around real estate, aiming to make a significant impact on low-income and senior populations. Specifically, they seek to purchase, develop, lease, finance, and sell properties, with the ultimate goal of providing both affordable homeownership opportunities and rental properties. This initiative is designed to cater to individuals and families who fall within the brackets of low to moderate income, as well as the elderly population.
Who is the CEO of Ncjc Housing & Development Foundation?
Gregory H Thirtyacre is the President of Ncjc Housing & Development Foundation.
What is the revenue of Ncjc Housing & Development Foundation?
Ncjc Housing & Development Foundation's revenue in 2022 was $1,732,097.
Who are the executives of Ncjc Housing & Development Foundation and what are their salaries?
The average compensation at Ncjc Housing & Development Foundation during 2022 was $36,767. There are 7 employees at Ncjc Housing & Development Foundation.
Here are 7 key members and their salaries:
- Compensation: $153,796
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $11,539
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ncjc Housing & Development Foundation?
Ncjc Housing & Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ncjc Housing & Development Foundation
The Ncjc Housing & Development Foundation is committed to procuring, developing, leasing, financing, and selling real estate with the primary objective of establishing opportunities for affordable homeownership and rental properties for low to moderate income individuals and senior populations. By engaging in these activities, the organization seeks to expand the availability of affordable housing options, thereby contributing to the well-being and stability of these groups within their respective communities.
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Impact
October, 2024
Ncjc Housing & Development Foundation significantly enhances access to affordable housing for low to moderate income and senior populations in Orient, Ohio. By strategically purchasing, developing, leasing, financing, and selling real property, the organization creates meaningful opportunities for homeownership and affordable rentals. This effort not only addresses the pressing need for housing within economically vulnerable communities but also fosters stability and security for individuals and families. The foundation's initiatives contribute to a more inclusive and equitable housing landscape, ultimately improving the quality of life for those it serves. Through its dedicated efforts, Ncjc Housing & Development Foundation plays a crucial role in combating housing insecurity and promoting sustainable community growth.
This information is meant to be a general summary of Ncjc Housing & Development Foundation. 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: $170,321
- Gross Receipts: $2,418,762
Assets and Liabilities:
- Total Assets: $17,383,325
- Total Liabilities: $690,815
- Net Assets: $16,692,510
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Organization Details
Founding Year
2008
Phone
(614) 334-6108Principal Officer
Gregory H Thirtyacre
Main Address
9419 STATE ROUTE 762, ORIENT, OH, 43146
NTEE Category
Code: L20 - Housing
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