Overview
What is Dallas Neighborhood Homes?
Dallas Neighborhood Homes is a nonprofit organization situated in Dallas, Texas, specifically at 2800 N Hampton Road, 75212. Their primary mission is to provide access to decent and affordable housing for low and moderate-income families and individuals in North Texas. This is accomplished by offering favorable loan financing for purchasing new or rehabilitated homes. The organization offers mentorship and support throughout the homeownership experience to ensure the success of its qualified beneficiaries. The activities and mission of Dallas Neighborhood Homes revolve around enhancing housing opportunities in the North Texas region.
Official website here: www.dallas-habitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Dallas Neighborhood Homes has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is entirely derived from the organization's Accountability & Finance performance. The evaluation indicates that Dallas Neighborhood Homes maintains a strong governance structure, as evidenced by having 100% independent board members and no material diversion of assets.
The nonprofit excels in several key areas, including a high program expense ratio of 93.56%, showcasing its commitment to directing resources towards its mission. Furthermore, the organization has established comprehensive policies, such as conflict of interest, whistleblower, and document retention policies, ensuring transparency and ethical governance. The availability of board meeting minutes adds to its accountability.
While the organization has demonstrated robust financial practices and governance, there are no additional insights provided on its programmatic impact or community feedback. Thus, while Dallas Neighborhood Homes shows strong accountability, potential donors and stakeholders may seek further information about the effectiveness of its programs and outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Dallas Neighborhood Homes legitimate?
Dallas Neighborhood Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dallas Neighborhood Homes 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: $202,731
For more financial information, click here
Official website here: www.dallas-habitat.org
What is the mission statement of Dallas Neighborhood Homes?
Dallas Neighborhood Homes is committed to providing access to decent, affordable housing for individuals and families in North Texas. Their primary objective is to facilitate homeownership for individuals with low and moderate incomes. Qualified individuals can benefit from favorable loan financing to purchase either a new or rehabilitated home. Throughout the homeownership experience, Dallas Neighborhood Homes offers mentorship and support to these families. This program is particularly focused on the North Texas region.
Official website here: www.dallas-habitat.org
Who is the CEO of Dallas Neighborhood Homes?
Sandra Miller is the Ceo of Dallas Neighborhood Homes. The CEO's salary of Dallas Neighborhood Homes is $0 and their total compensation is $287,621.
Official website here: www.dallas-habitat.org
What is the revenue of Dallas Neighborhood Homes?
Dallas Neighborhood Homes's revenue in 2022 was $172,071.
Official website here: www.dallas-habitat.org
Who are the executives of Dallas Neighborhood Homes and what are their salaries?
Here are 9 key members and their salaries (Dallas Neighborhood Homes's CEO's salary is $0 and their total compensation is $287,621):
- Compensation: $0
- Related: $279,922
- Other: $7,699
- Compensation: $0
- Related: $215,957
- Other: $2,500
- Compensation: $0
- Related: $199,336
- Other: $5,850
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dallas-habitat.org
Where can I find the form 990 for Dallas Neighborhood Homes?
Dallas Neighborhood Homes's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dallas-habitat.org
Learn more at the official website: www.dallas-habitat.org
Mission Statement of Dallas Neighborhood Homes
Dallas Neighborhood Homes, a nonprofit organization, is dedicated to providing an essential service in North Texas. Their primary mission is to make decent, affordable housing accessible to individuals and families with lower to moderate incomes. The organization achieves this by offering eligible families favorable loan financing to purchase either new or rehabilitated homes. Dallas Neighborhood Homes extends its support beyond the financing, mentoring and guiding the families throughout their homeownership experience. This program, focusing on North Texas, aims to empower families and individuals to secure a stable and affordable living situation.
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Impact
October, 2024
Dallas Neighborhood Homes significantly impacts the North Texas community by facilitating access to decent and affordable housing for low and moderate-income families and individuals. By offering favorable loan financing for the purchase of new or rehabilitated homes, they empower qualified families to transition into homeownership, a critical step toward financial stability and community engagement.
Throughout the homeownership journey, Dallas Neighborhood Homes provides essential mentoring and support, ensuring that participants are equipped with the knowledge and resources necessary for successful homeownership. This comprehensive approach not only helps families secure housing but also fosters a sense of belonging and investment in the community, ultimately strengthening the social fabric of North Texas.
This information is meant to be a general summary of Dallas Neighborhood Homes. 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: $44
- Program Service Revenue: $172,027
- Gross Receipts: $172,071
Assets and Liabilities:
- Total Assets: $14,075,762
- Total Liabilities: $16,076,208
- Net Assets: -$2,000,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANCILLARY INCOME
Revenue
$142,868
MORTGAGE INTEREST
Revenue
$29,159
Organization Details
Founding Year
2008
Phone
(214) 678-2300Principal Officer
Sandra Miller
Main Address
2800 N Hampton Road, Dallas, TX, 75212
Website
www.dallas-habitat.orgNTEE Category
Code: L20 - Housing
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