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Lafayette Neighborhood Housing Services Inc

Dba Homestead Consulting Services

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

EIN: 311057335 ✦ Lafayette, IN ✦ Designated as a 501(c)(3)

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Overview

What is Lafayette Neighborhood Housing Services Inc?

Lafayette Neighborhood Housing Services Inc is a nonprofit organization committed to enhancing affordable and sustainable housing opportunities for adults. Their mission encompasses fostering youth leadership and skill development, equipping them for future housing and community leadership roles. Homestead Consulting Services, a part of Lafayette Neighborhood Housing Services, provides educational resources in this regard. The organization also focuses on financial literacy and serves as a catalyst for neighborhood development and revitalization. Their activities include community building, organizing, homeownership education, counseling, and foreclosure and eviction prevention.


Official website here: www.homesteadcs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Lafayette Neighborhood Housing Services Inc, also known as Homestead Consulting Services, has received an impressive 96% rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization boasts a perfect score in areas such as independent board membership and financial oversight, showcasing a robust governance structure that prioritizes transparency and ethical management.

User feedback from various sources highlights the impactful services provided by the organization, particularly in assisting homeowners at risk of foreclosure and educating potential buyers. Many reviews emphasize the dedication and helpfulness of the staff, who are praised for their guidance and support during challenging times. The positive impact on the community, particularly in maintaining property values and providing critical services, is a recurring theme in the testimonials.

While the organization has received favorable reviews and high ratings, continued outreach may be necessary to ensure that those in need are aware of the support available. Overall, Lafayette Neighborhood Housing Services Inc stands out as a commendable nonprofit dedicated to improving housing stability in the Greater Lafayette area.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Lafayette Neighborhood Housing Services Inc legitimate?

Lafayette Neighborhood Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafayette Neighborhood Housing Services 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: $81,709
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,527

For more financial information, click here


Official website here: www.homesteadcs.org

What is the mission statement of Lafayette Neighborhood Housing Services Inc?

Lafayette Neighborhood Housing Services Inc's mission is centered around providing education and resources to foster affordable, sustainable housing opportunities for adults. They also aim to build leadership skills in youth, preparing them for housing and community leadership roles. Financial literacy is another key aspect of their mission, and they serve as a catalyst for neighborhood development and revitalization.


Official website here: www.homesteadcs.org

Who is the CEO of Lafayette Neighborhood Housing Services Inc?

A Marie Morse is the Executive Di of Lafayette Neighborhood Housing Services Inc.


Official website here: www.homesteadcs.org

What is the revenue of Lafayette Neighborhood Housing Services Inc?

Lafayette Neighborhood Housing Services Inc's revenue in 2022 was $1,067,995.


Official website here: www.homesteadcs.org

Who are the executives of Lafayette Neighborhood Housing Services Inc and what are their salaries?

The average compensation at Lafayette Neighborhood Housing Services Inc during 2022 was $28,770. There are 12 employees and 100 volunteers at Lafayette Neighborhood Housing Services Inc.


Here are 15 key members and their salaries:


A Marie Morse (Executive Di)
  • Compensation: $80,830
  • Related: $0
  • Other: $879
Ryan Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Howarth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Klinker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Shook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah May (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Schooler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim R Schrier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Slaven (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Murray (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Holder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Lohmeier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.homesteadcs.org

Where can I find the form 990 for Lafayette Neighborhood Housing Services Inc?

Lafayette Neighborhood Housing Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.homesteadcs.org

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

Mission Statement of Lafayette Neighborhood Housing Services Inc

Lafayette Neighborhood Housing Services Inc is committed to providing education and resources to enhance affordable and sustainable housing opportunities for adults. The organization also focuses on fostering youth leadership skills, preparing them for future housing and community leadership roles. Furthermore, Lafayette Neighborhood Housing Services Inc prioritizes financial literacy education. In addition, the nonprofit serves as a catalyst for neighborhood development and revitalization. By offering these services, Lafayette Neighborhood Housing Services Inc aims to contribute to a more sustainable and inclusive housing landscape for its community.

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Impact




October, 2024

Lafayette Neighborhood Housing Services Inc significantly impacts the community by enhancing access to affordable and sustainable housing. Through education and resource provision, they empower adults with the tools necessary for homeownership and financial literacy, addressing critical barriers to stable living conditions. Their focus on youth leadership development fosters a new generation of community leaders equipped to tackle housing challenges.

In addition to promoting homeownership, the organization plays a vital role in preventing foreclosures and evictions, helping families maintain their homes during difficult times. Their community-building programs create a sense of belonging and collective responsibility, driving neighborhood revitalization efforts that uplift the entire community. Overall, Lafayette Neighborhood Housing Services Inc serves as a catalyst for positive change, transforming housing landscapes and fostering economic resilience in Lafayette, IN.




This information is meant to be a general summary of Lafayette Neighborhood Housing Services 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.

Revenue
$1,067,995 (2022)
Expenses
$918,248 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41,980
  • Program Service Revenue: $191,327
  • Gross Receipts: $1,216,165

Assets and Liabilities:

  • Total Assets: $3,338,729
  • Total Liabilities: $136,211
  • Net Assets: $3,202,518

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Programs

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

IHCDA HHF CONTRACT

Revenue

$113,800

IHCDA IFPN CONTRACT

Revenue

$45,200

LOAN SERVICING (PI)

Revenue

$10,650

HOMESTART LOAN

Revenue

$10,175

RECOVERY PAYMENTS

Revenue

$5,388

Organization Details

Founding Year

1982

Principal Officer

A Marie Morse

Main Address

671 NORTH 36TH STREET, LAFAYETTE, IN, 47905

NTEE Category

Code: L200 - Housing

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