Overview
What is West Elmwood Neighborworks Home Ownership Center Inc?
West Elmwood Neighborworks Home Ownership Center Inc is a nonprofit organization based in Providence, Rhode Island, specifically at 224 Dextor Street. Their primary mission is to foster healthy and sustainable neighborhood revitalization, particularly in the West End area and other neighborhoods of Providence. They are dedicated to promoting affordable housing goals within these communities and beyond Rhode Island. The organization's activities encompass neighborhood revitalization efforts, aiming to improve the overall well-being of the local communities they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
West Elmwood Neighborworks Home Ownership Center Inc has received an impressive four-star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 94% overall, showcasing its commitment to transparency and effective management of resources. Notably, it boasts a 100% program expense ratio, suggesting that all funds are directed towards its mission-related activities.
The organization demonstrates strong governance with 90% of its board members being independent, which minimizes conflicts of interest and supports objective decision-making. The presence of comprehensive policies, including those for conflict of interest and whistleblowing, further reinforces the organization's commitment to ethical practices. Additionally, the absence of any material diversion of assets highlights its integrity in handling funds.
While the organization shows significant strengths in financial management and governance, the data does not indicate any limitations or concerns regarding its operations. This solid rating from Charity Navigator reflects West Elmwood Neighborworks Home Ownership Center Inc's dedication to serving the community effectively and responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is West Elmwood Neighborworks Home Ownership Center Inc legitimate?
West Elmwood Neighborworks Home Ownership Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Elmwood Neighborworks Home Ownership Center 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.
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What is the mission statement of West Elmwood Neighborworks Home Ownership Center Inc?
West Elmwood Neighborworks Home Ownership Center Inc is dedicated to promoting healthy and sustainable neighborhood revitalization in various areas, specifically focusing on the West End of Providence. Their mission extends beyond this region, aiming to promote affordable housing goals throughout Rhode Island as well. Their primary objective is to contribute to the revitalization of neighborhoods, ensuring they remain vibrant and sustainable. Additionally, they are committed to advancing affordable housing in these areas, working tirelessly to make housing more accessible for all.
Who is the CEO of West Elmwood Neighborworks Home Ownership Center Inc?
Candace Harper is the President of West Elmwood Neighborworks Home Ownership Center Inc.
What is the revenue of West Elmwood Neighborworks Home Ownership Center Inc?
West Elmwood Neighborworks Home Ownership Center Inc's revenue in 2021 was $21,531.
Who are the executives of West Elmwood Neighborworks Home Ownership Center Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for West Elmwood Neighborworks Home Ownership Center Inc?
West Elmwood Neighborworks Home Ownership Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of West Elmwood Neighborworks Home Ownership Center Inc
West Elmwood Neighborworks Home Ownership Center Inc is committed to fostering healthy and sustainable neighborhood revitalization in Providence and various other neighborhoods. Their primary focus is on promoting affordable housing goals within these areas and extending this mission across Rhode Island as a whole. By doing so, they aim to revitalize neighborhoods and improve the living conditions for its residents.
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Impact
August, 2024
West Elmwood Neighborworks Home Ownership Center Inc plays a crucial role in promoting healthy and sustainable neighborhood revitalization in the West End and other neighborhoods of Providence. By focusing on affordable housing goals in these areas and throughout Rhode Island, this organization positively impacts the community by addressing housing needs and contributing to the overall well-being of residents. Through their efforts, they create a more vibrant and stable environment for individuals and families, ultimately enhancing the quality of life in the neighborhoods they serve.
This information is meant to be a general summary of West Elmwood Neighborworks Home Ownership Center 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 2021.
- Investment Income: $21,531
- Gross Receipts: $21,531
Assets and Liabilities:
- Total Assets: $1,618,519
- Total Liabilities: $40,133
- Net Assets: $1,578,386
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Organization Details
Founding Year
2009
Phone
(401) 453-3220Principal Officer
Candace Harper
Main Address
224 DEXTER STREET, PROVIDENCE, RI, 02907
NTEE Category
Code: L80 - Housing
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