Overview
What is Neighborhood Development Collaborative Inc?
Neighborhood Development Collaborative Inc is a nonprofit organization situated in Metro Denver. Their primary focus is on providing affordable housing and fostering community-oriented commercial development. They extend their resources to disadvantaged communities, aiming to enhance living standards. Furthermore, they educate regional stakeholders and municipalities about the significance of affordable housing, advocate for its importance, and collaborate with member organizations to advance housing development and preservation efforts. Additionally, they conduct research on socio-economic and housing issues to inform their strategies and guide other affordable housing organizations in navigating the industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Neighborhood Development Collaborative Inc has received a Two-Star rating, reflecting a score of 67% that is based solely on its Accountability & Finance metrics. The organization demonstrates strong governance features, such as having a fully independent board and no material diversion of assets, which are positive indicators of accountability. Additionally, it exhibits a favorable liabilities to assets ratio, suggesting sound financial health.
However, the organization faces significant limitations in transparency and adherence to best practices. Notably, it lacks financial statements, a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which negatively impacted its score. Furthermore, the absence of a website listed on its tax form raises concerns about public accessibility to information about its operations.
Overall, while the Neighborhood Development Collaborative Inc shows strengths in governance and financial management, the gaps in transparency and policy adherence are critical areas for improvement that potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Development Collaborative Inc legitimate?
Neighborhood Development Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Development Collaborative Inc 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:
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What is the mission statement of Neighborhood Development Collaborative Inc?
The Neighborhood Development Collaborative Inc is dedicated to serving disinvested communities in Metro Denver. Their mission encompasses providing affordable housing, fostering community-oriented commercial development, and offering comprehensive housing resources. They also prioritize educating stakeholders and municipalities about the significance of affordable housing. Furthermore, the organization facilitates strategic collaboration between member organizations to work on housing development and preservation. Additionally, they conduct research on socio-economic and housing issues and assist affordable housing organizations in navigating the industry.
Who is the CEO of Neighborhood Development Collaborative Inc?
Mark Marshall is the Vice President of Neighborhood Development Collaborative Inc.
What is the revenue of Neighborhood Development Collaborative Inc?
Neighborhood Development Collaborative Inc's revenue in 2022 was $626,076.
Who are the executives of Neighborhood Development Collaborative Inc and what are their salaries?
Here are 29 key members and their salaries:
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Where can I find the form 990 for Neighborhood Development Collaborative Inc?
Neighborhood Development Collaborative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Neighborhood Development Collaborative Inc
Neighborhood Development Collaborative, Inc., is committed to serving disinvested communities across Metro Denver. Their primary mission is to provide affordable housing options, community-focused commercial developments, and comprehensive housing resources. Beyond this, they strive to educate metro-area stakeholders and municipalities about the significance of affordable housing. Recognizing the importance of collaboration, Neighborhood Development Collaborative also facilitates cooperation between member organizations in the field of housing development and preservation. Furthermore, they conduct extensive research on socio-economic and housing-related issues to offer valuable insights and assist affordable housing organizations in navigating the industry effectively.
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Impact
July, 2024
Neighborhood Development Collaborative Inc's impact is significant in providing affordable housing, community-oriented commercial development, and comprehensive housing resources for disinvested communities across Metro Denver. They play a crucial role in educating metro-area stakeholders and municipalities about the importance of affordable housing, reducing the percentage of metro-area residents who are housing-cost burdened. By facilitating strategic collaboration between members, they contribute to the development and preservation of affordable housing options. Their efforts aim to address housing issues and improve socio-economic conditions in the community.
This information is meant to be a general summary of Neighborhood Development Collaborative Inc. 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.
- Program Service Revenue: $5,000
- Gross Receipts: $626,076
Assets and Liabilities:
- Total Assets: $570,098
- Total Liabilities: $3,808
- Net Assets: $566,290
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other income
Revenue
$5,000
Organization Details
Founding Year
2009
Phone
(720) 932-3166Principal Officer
Mark Marshall
Main Address
777 Grant Street 6th Floor, Denver, CO, 80203
NTEE Category
Code: L21 - Housing
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