Overview
What is Healthy Neighborhoods Inc?
Healthy Neighborhoods Inc, based in Baltimore, Maryland, is a prominent nonprofit organization dedicated to enhancing local communities. The organization manages public funds, primarily sourced from a tax on video lottery machines, to support community development within Baltimore neighborhoods. Notable initiatives include the One Mile Radius Funds (OMR) and the Baltimore Regional Neighborhoods Initiative (BRNI). OMR funds, allocated annually, are used to improve neighborhoods within a mile of Pimlico Race Course, and have invested over $4.2 million in diverse projects such as community facilities, homeless services, and housing development. The BRNI program, a state community development initiative led by HNI in the Liberty Wabash and Reservoir Hill neighborhoods, has invested $3.7 million in public infrastructure, housing development, and a community farm. Healthy Neighborhoods Inc's mission is to foster strong connections among neighbors, boost property values, and establish high standards for property improvement in Baltimore communities. Utilizing its capacity to attract and invest both public and private capital, the organization has significantly improved various neighborhoods throughout Baltimore City.
Official website here: www.healthyneighborhoods.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Healthy Neighborhoods Inc has received an overall score of 81%, indicating a solid performance in terms of accountability and finance. This score is derived entirely from its financial practices and governance, reflecting the organization's commitment to transparency and responsible management of resources.
One of the strengths of Healthy Neighborhoods Inc is its high percentage of independent board members, with 94% of the board being independent. This independence is crucial for unbiased decision-making and governance. Additionally, the organization has demonstrated strong practices in financial oversight, including a fully audited financial statement and comprehensive policies for conflict of interest and whistleblowing.
While the organization has shown notable strengths, the rating highlights its focus solely on financial accountability, without additional beacons to assess effectiveness in programming or impact. This could suggest limitations in evaluating its overall performance beyond financial metrics, which may be a consideration for prospective donors or stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Healthy Neighborhoods Inc legitimate?
Healthy Neighborhoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthy Neighborhoods 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:
Executive Compensation: $273,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $365,688
For more financial information, click here
Official website here: www.healthyneighborhoods.org
What is the mission statement of Healthy Neighborhoods Inc?
Healthy Neighborhoods Inc's mission is to strengthen community connections in various neighborhoods, enhancing their marketability and raising property values. Utilizing its ability to attract and invest both public and private capital, the organization has significantly improved numerous neighborhoods within its city. Healthy Neighborhoods serves as a manager for the investment of public funds destined for community development in city neighborhoods, primarily through programs like the One Mile Radius Funds and the Baltimore Regional Neighborhoods Initiative. These initiatives have funded a wide range of projects, including athletic facilities, community art centers, homeless services, housing development, and infrastructure improvements, totaling over $8 million invested so far.
Official website here: www.healthyneighborhoods.org
Who is the CEO of Healthy Neighborhoods Inc?
Robert Pipik is the Chair of Healthy Neighborhoods Inc.
Official website here: www.healthyneighborhoods.org
What is the revenue of Healthy Neighborhoods Inc?
Healthy Neighborhoods Inc's revenue in 2022 was $1,967,704.
Official website here: www.healthyneighborhoods.org
Who are the executives of Healthy Neighborhoods Inc and what are their salaries?
The average compensation at Healthy Neighborhoods Inc during 2022 was $91,245. There are 7 employees and 18 volunteers at Healthy Neighborhoods Inc.
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Official website here: www.healthyneighborhoods.org
Where can I find the form 990 for Healthy Neighborhoods Inc?
Healthy Neighborhoods Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.healthyneighborhoods.org
Learn more at the official website: www.healthyneighborhoods.org
Mission Statement of Healthy Neighborhoods Inc
Healthy Neighborhoods Inc, a nonprofit organization, is committed to fostering strong connections within Baltimore communities. Their mission is to empower these communities by marketing their neighborhoods, boosting home values, and establishing high standards for property improvement. Utilizing its capacity to attract and invest both public and private capital, Healthy Neighborhoods Inc has significantly improved various neighborhoods in Baltimore City.
They accomplish this mission by managing the investment of public funds to support community development in city neighborhoods. Two significant programs under their umbrella are the One Mile Radius Funds (OMR) and the Baltimore Regional Neighborhoods Initiative (BRNI). The OMR program derives funds from a tax on video lottery machines, which are allocated to enhance neighborhoods within a one-mile radius of Pimlico Race Course. Each year, a sum of money is granted to Healthy Neighborhoods Inc, which they subsequently regrant to neighborhood-based nonprofits. The projects funded by these grants are diverse and range from Little League athletics to the renovation of an abandoned movie theater into a community arts center, providing services for the homeless, and housing development. To date, $4.2 million has been invested through this program.
On the other hand, the BRNI program is a state community development initiative in which Healthy Neighborhoods Inc serves as the lead organization in the Liberty Wabash and Reservoir Hill neighborhoods. Funds from this program have been used for public infrastructure, housing development, and a community farm. A total of $3.7 million has been invested through this program, furthering Healthy Neighborhoods Inc's mission to improve and uplift Baltimore's communities.
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Impact
October, 2024
Healthy Neighborhoods Inc has significantly impacted Baltimore communities by fostering strong connections among residents and enhancing the overall quality of life in numerous neighborhoods. By managing public investment funds, such as the One Mile Radius Funds and the Baltimore Regional Neighborhoods Initiative, they have played a crucial role in community development.
The organization channels financial resources into various projects, from revitalizing an abandoned movie theater into a community arts center to supporting Little League athletics and addressing homelessness. To date, the efforts have led to an investment of over $7.9 million, demonstrating a commitment to improving public infrastructure and housing development. For instance, in Liberty Wabash neighborhoods and Reservoir Hill, funds have facilitated initiatives like community gardens and infrastructure upgrades, directly contributing to enhanced property values and community standards.
By creating opportunities for residents to market their communities and improve their neighborhoods, Healthy Neighborhoods Inc not only strengthens local bonds but also ensures sustainable growth and enhancement of Baltimore’s vibrant neighborhoods.
This information is meant to be a general summary of Healthy Neighborhoods 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.
- Investment Income: $171
- Gross Receipts: $1,967,704
Assets and Liabilities:
- Total Assets: $6,349,170
- Total Liabilities: $5,053,646
- Net Assets: $1,295,524
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Organization Details
Founding Year
2004
Phone
(410) 332-0387Principal Officer
Robert Pipik
Main Address
11 EAST MOUNT ROYAL AVENUE 302, BALTIMORE, MD, 21202
Website
www.healthyneighborhoods.orgNTEE Category
Code: S20 - Community improvement
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