New Boston Kiwanis Housing Development Corporation

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

EIN: 310793050 ✦ New boston, OH ✦ Designated as a 501(c)(4)

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Overview

What is New Boston Kiwanis Housing Development Corporation?

The New Boston Kiwanis Housing Development Corporation is a nonprofit organization situated in New Boston, Ohio. Its primary mission is to offer affordable housing solutions to families with modest and low incomes, achieving this through the operation of public housing facilities. Led by Betty Nichols, the corporation is dedicated to ensuring access to suitable and affordable living spaces for those who might not otherwise be able to afford it.

Is New Boston Kiwanis Housing Development Corporation legitimate?

New Boston Kiwanis Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Boston Kiwanis Housing 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: $45,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,864

For more financial information, click here

What is the mission statement of New Boston Kiwanis Housing Development Corporation?

The New Boston Housing Development Corporation, as part of its mission, focuses on providing affordable housing solutions for families with modest and low incomes. This is achieved through the operation of public housing facilities. The organization's primary goal is to make housing accessible to a demographic that may otherwise struggle with affordability. By doing so, it contributes to a more equitable living environment for these families. While specific details about the corporation's broader initiatives or long-term objectives are not provided, it is clear that its core focus remains on affordable housing.

Who is the CEO of New Boston Kiwanis Housing Development Corporation?

Dean Lodwick is the President of New Boston Kiwanis Housing Development Corporation.

What is the revenue of New Boston Kiwanis Housing Development Corporation?

New Boston Kiwanis Housing Development Corporation's revenue in 2022 was $854,189.

Who are the executives of New Boston Kiwanis Housing Development Corporation and what are their salaries?

The average compensation at New Boston Kiwanis Housing Development Corporation during 2022 was $41,393. There are 7 employees and 3 volunteers at New Boston Kiwanis Housing Development Corporation.


Here are 5 key members and their salaries:


Yvonne Lodwick (Manager)
  • Compensation: $38,385
  • Related: $0
  • Other: $0
Betty Nichols (Secretary Treasurer)
  • Compensation: $7,500
  • Related: $0
  • Other: $0
Wilma Warren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Swick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Lodwick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Boston Kiwanis Housing Development Corporation?

New Boston Kiwanis Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Boston Kiwanis Housing Development Corporation

The New Boston Kiwanis Housing Development Corporation is dedicated to providing affordable housing solutions for families with modest and low incomes. This nonprofit organization's mission is to ensure that every family has access to suitable living spaces, regardless of their financial circumstances. By managing public housing facilities, the corporation plays a significant role in addressing housing affordability issues within the community. The organization's operations are led by Betty Nichols in New Boston, Ohio.

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Impact




October, 2024

New Boston Kiwanis Housing Development Corporation plays a crucial role in the community by providing affordable housing options for low and moderate-income families in New Boston, OH. By developing and managing public housing facilities, it helps ensure that families with limited financial resources have access to safe and stable living conditions. This initiative not only supports individual families but also enhances community wellbeing, promotes economic stability, and strengthens the social fabric of the area. Under the leadership of Betty Nichols, the organization actively addresses housing needs and works to alleviate the challenges faced by those struggling to find affordable living options.




This information is meant to be a general summary of New Boston Kiwanis Housing 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
$854,189 (2022)
Expenses
$766,084 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $350
  • Program Service Revenue: $755,176
  • Gross Receipts: $854,189

Assets and Liabilities:

  • Total Assets: $1,539,006
  • Total Liabilities: $535,683
  • Net Assets: $1,003,323

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Programs

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

SECTION 8 HAP CONTRACT

Revenue

$399,621

TENANT RENT PAYMENTS

Revenue

$355,555

Organization Details

Founding Year

1971

Principal Officer

Dean Lodwick

Main Address

3727 RHODES AVENUE, NEW BOSTON, OH, 45662

NTEE Category

Code: L20 - Housing

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