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Nevada Affordable Housing Assistance Corporation

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

EIN: 300154421 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

Overview

What is Nevada Affordable Housing Assistance Corporation?

The Nevada Affordable Housing Assistance Corporation (NAHAC) is a nonprofit organization based in Las Vegas, Nevada. With a team of 15 professionals, NAHAC is dedicated to providing assistance to Nevada homeowners and other targeted individuals within the state, focusing on affordable or subsidized single or multi-family housing. They determine the specific needs of Nevada homeowners and engage with public and private partners to achieve this objective. NAHAC's efforts encompass temporary financial assistance programs, such as the UNEMPLOYMENT MORTGAGE ASSISTANCE PROGRAM (UMA) and the Mortgage Reinstatement Assistance Program (MRAP), which help eligible homeowners facing unemployment or underemployment due to the pandemic, and those facing default due to a financial hardship, respectively. These programs offer monthly forward payments, reinstatement of delinquent mortgage loans, and assistance with related costs for up to twelve months.


Official website here: www.nahac.org

Is Nevada Affordable Housing Assistance Corporation legitimate?

Nevada Affordable Housing Assistance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nevada Affordable Housing Assistance 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.

Here are some key statistics you may want to consider:

Executive Compensation: $149,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $821,431

For more financial information, click here


Official website here: www.nahac.org

What is the mission statement of Nevada Affordable Housing Assistance Corporation?

The Nevada Affordable Housing Assistance Corporation (NAHAC) is dedicated to helping Nevada homeowners and targeted groups of individuals by providing funds, subsidies, and benefits for affordable or subsidized housing. NAHAC's primary objective is to identify the unique needs of Nevada homeowners and communities, and collaborate with public and private partners to achieve this goal. With a team of qualified and trained professionals, NAHAC aims to provide this service efficiently and effectively, prioritizing the needs of eligible homeowners. NAHAC's mission is to make a difference in people's lives by ensuring access to affordable housing, thereby contributing to stronger communities and improved living conditions.


Official website here: www.nahac.org

Who is the CEO of Nevada Affordable Housing Assistance Corporation?

Verise Campbell is the Ceo/Coo of Nevada Affordable Housing Assistance Corporation. The CEO's salary of Nevada Affordable Housing Assistance Corporation is $133,770 and their total compensation is $144,678.


Official website here: www.nahac.org

What is the revenue of Nevada Affordable Housing Assistance Corporation?

Nevada Affordable Housing Assistance Corporation's revenue in 2023 was $28,051,600.


Official website here: www.nahac.org

Who are the executives of Nevada Affordable Housing Assistance Corporation and what are their salaries?

The average compensation at Nevada Affordable Housing Assistance Corporation during 2023 was $64,760. There are 15 employees and 5 volunteers at Nevada Affordable Housing Assistance Corporation.

Here are 6 key members and their salaries (Nevada Affordable Housing Assistance Corporation's CEO's salary is $133,770 and their total compensation is $144,678):

    Verise Campbell (Ceo/Coo)
  • Compensation: $133,770
  • Related: $0
  • Other: $10,908

    • Rande Johnsen (Vp & Vc) [Trustee/Director]
  • Compensation: $860
  • Related: $0
  • Other: $0

    • Sharath Chandra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeneeah Nia M Girma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Hastings (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Whitwright (President &) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nahac.org

    Where can I find the form 990 for Nevada Affordable Housing Assistance Corporation?

    The Nevada Affordable Housing Assistance Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.nahac.org

    Learn more at the official website: www.nahac.org

    Mission Statement of Nevada Affordable Housing Assistance Corporation

    Nevada Affordable Housing Assistance Corporation (NAHAC) is a dedicated organization with a mission to assist Nevada homeowners and targeted groups of individuals within the state in obtaining affordable or subsidized single or multi-family housing. NAHAC's team of qualified and trained professionals is committed to identifying the specific needs of Nevada homeowners and the respective communities, and actively seeks partnerships with public and private entities to achieve this objective.

    At the heart of NAHAC's mission is the provision of funds, subsidies, and benefits to eligible Nevada homeowners. The organization is steadfast in its determination to make the needs of these homeowners a top priority, working efficiently and effectively to ensure their access to affordable housing solutions. NAHAC's approach goes beyond just housing, as it recognizes the importance of addressing the unique requirements of both individuals and communities. By consistently engaging with its partners, the organization is able to adapt and respond to the evolving needs of Nevada homeowners, ultimately striving to make a meaningful impact on their lives.

    NAHAC's mission is shaped by its unwavering commitment to delivering services in an efficient and effective manner. The organization's team of professionals is well-equipped to identify and address the varied needs of Nevada homeowners, supported by a strong network of public and private partnerships. As a result, NAHAC is able to offer a range of solutions tailored to the specific circumstances of each homeowner, ensuring they have the best possible opportunity to secure affordable housing and build a stable foundation for their future.

    Impact

    This information is meant to be a general summary of Nevada Affordable Housing Assistance Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, April 14, 2024

    Nevada Affordable Housing Assistance Corporation has a significant impact on Nevada homeowners and targeted groups by providing essential funds, subsidies, and benefits for affordable or subsidized single and multi-family housing. One of the key programs they offer is the Unemployment Mortgage Assistance Program (UMA), which offers temporary financial aid to eligible Nevada homeowners facing income loss due to unemployment or underemployment. This assistance helps households with monthly payments and reinstatement of delinquent mortgage loans, taxes, HOA fees, and homeowners insurance. Additionally, through the Mortgage Reinstatement Assistance Program (MRAP), the organization aids income-qualified homeowners who have experienced financial hardship due to the pandemic, enabling them to sustain their mortgage payments.

    By consistently identifying the specific needs of Nevada homeowners and engaging with public and private partners, Nevada Affordable Housing Assistance Corporation plays a vital role in addressing housing challenges in the state. Their trained professionals ensure that eligible homeowners receive the support they need, making housing affordability a top priority on a daily basis.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $21,134
  • Program Service Revenue: $1,135,261
  • Gross Receipts: $28,051,600

    • Assets and Liabilities:
  • Total Assets: $11,335,049
  • Total Liabilities: $7,282,511
  • Net Assets: $4,052,538
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $1,135,261

    Organization Details

    Founding Year

    2003

    Principal Officer

    Verise Campbell

    Main Address

    3016 W CHARLESTON BLVD 160, LAS VEGAS, NV, 89102

    NTEE Category

    Code: L20 - Housing