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Neighborhood Builders Community Development Corporation

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

EIN: 273288425 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood Builders Community Development Corporation?

Neighborhood Builders Community Development Corporation (NBCDC) is a nonprofit organization situated in Dallas, Texas. Their primary mission is to strengthen the local community and improve Dallas by providing safe, decent, and affordable housing for low to moderate-income families. NBCDC achieves this goal by leasing and crediting properties, currently managing fourteen houses, and is currently engaged in a 162-unit multi-family project for low-income veterans and their families. The organization is dedicated to expanding the supply of quality housing and fostering community partnerships, as demonstrated by their partnership with the City of Dallas to provide low-income housing.

Is Neighborhood Builders Community Development Corporation legitimate?

Neighborhood Builders Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Builders Community Development Corporation 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: $0

For more financial information, click here

What is the mission statement of Neighborhood Builders Community Development Corporation?

The Neighborhood Builders Community Development Corporation's mission is to establish a strong and improved community in an unspecified location, by providing safe, decent, and affordable housing for families with low to moderate income. They aim to expand the supply of quality housing and achieve this goal through community partnerships. The corporation has formed a partnership with the City of Dallas to provide low-income housing, having credited and leased fourteen houses so far. Currently, they are engaged in a 162-unit multi-family project, primarily for low-income veterans and their families.

Who is the CEO of Neighborhood Builders Community Development Corporation?

Yigal Lelah is the Executive Director of Neighborhood Builders Community Development Corporation.

What is the revenue of Neighborhood Builders Community Development Corporation?

Neighborhood Builders Community Development Corporation's revenue in 2022 was $12,122.

Who are the executives of Neighborhood Builders Community Development Corporation and what are their salaries?


Here are 4 key members and their salaries:


Yigal Lelah (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Kurz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Vargas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Neighborhood Builders Community Development Corporation?

Neighborhood Builders Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Neighborhood Builders Community Development Corporation

Neighborhood Builders Community Development Corporation (NBCDC) is dedicated to strengthening communities and enhancing Dallas by providing safe and affordable homes for low to moderate-income families. Their mission is twofold: firstly, they aim to expand the supply of quality housing through strategic partnerships; and secondly, they work towards placing families in new residences that cater to their needs. NBCDC's efforts are not limited to housing provision; they also collaborate with local entities to make a significant impact on the community. Currently, NBCDC is engaged in a 162-unit multi-family project, specifically catering to low-income veterans and their families. This project reflects NBCDC's commitment to supporting vulnerable groups within the community.

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Impact




August, 2024

Neighborhood Builders Community Development Corporation has had a significant impact by partnering with the city of Dallas to provide low-income housing opportunities. They have credited and leased fourteen houses and are currently working on a 162-unit multi-family project for low-income veterans and their families. Their mission is to build a strong community and a better Dallas by placing families in new homes that are safe, decent, and affordable for low to moderate-income families. Through their housing initiatives and community partnerships, NBCDC is making a positive difference in the lives of many individuals and families in Dallas.




This information is meant to be a general summary of Neighborhood Builders Community Development Corporation. 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
$12,122 (2022)
Expenses
$10,986 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Program Service Revenue: $12,095
  • Gross Receipts: $12,122

Assets and Liabilities:

  • Total Assets: $825,593
  • Total Liabilities: $1,214,171
  • Net Assets: -$388,578

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INSURANCE REFUND

Revenue

$12,095

Organization Details

Founding Year

2010

Principal Officer

Yigal Lelah

Main Address

P O BOX 797648, DALLAS, TX, 75379

NTEE Category

Code: L20 - Housing

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