Overview
What is Neighborhood Housing Services Of Hamilton Inc?
Neighborhood Housing Services of Hamilton Inc., located in Hamilton, Ohio, is a nonprofit community development organization. Their primary mission is to foster healthier and stronger communities, achieved through partnerships with local leaders, businesses, and government entities. The organization empowers low- and moderate-income families to secure homeownership, providing them with financial resources and down payment and closing cost assistance. Furthermore, they focus on neighborhood revitalization and development, inspiring and supporting action leaders while offering educational and training programs. This comprehensive approach aims to build affordable and thriving communities that residents can be proud of, with a current staff of 5 individuals.
Official website here: www.butlercounty-nhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Neighborhood Housing Services of Hamilton Inc has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored exceptionally well in all assessed areas, particularly in accountability and finance, showcasing its commitment to transparency and effective management of resources.
The charity boasts a fully independent board of directors, which is critical for maintaining impartial governance. With a program expense ratio of over 90%, most of its resources are directed towards its mission, reflecting strong operational efficiency. Additionally, the organization has robust policies in place, including conflict of interest and whistleblower policies, ensuring ethical practices are upheld.
While the rating highlights numerous strengths, it is essential for potential donors and stakeholders to consider ongoing evaluations of the organization's impact and community engagement. Nevertheless, based on financial accountability and governance alone, the Neighborhood Housing Services of Hamilton Inc stands out as a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Housing Services Of Hamilton Inc legitimate?
Neighborhood Housing Services Of Hamilton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Hamilton 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: $126,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,212
For more financial information, click here
Official website here: www.butlercounty-nhs.org
What is the mission statement of Neighborhood Housing Services Of Hamilton Inc?
Neighborhood Housing Services Of Hamilton Inc is a community development organization that aims to revitalize and build stronger communities. They achieve this by partnering with local residents, businesses, government, and community leaders. The organization empowers low- and moderate-income families to become homeowners, provides affordable loans and financial resources for first-time homebuyers, and revitalizes neighborhoods through development. They also inspire and support resident action leaders, offering training and education. The primary goal is to build healthier and stronger communities that everyone can be proud of.
Official website here: www.butlercounty-nhs.org
Who is the CEO of Neighborhood Housing Services Of Hamilton Inc?
Lorie L Distaola is the President of Neighborhood Housing Services Of Hamilton Inc.
Official website here: www.butlercounty-nhs.org
What is the revenue of Neighborhood Housing Services Of Hamilton Inc?
Neighborhood Housing Services Of Hamilton Inc's revenue in 2022 was $2,463,885.
Official website here: www.butlercounty-nhs.org
Who are the executives of Neighborhood Housing Services Of Hamilton Inc and what are their salaries?
The average compensation at Neighborhood Housing Services Of Hamilton Inc during 2022 was $80,682. There are 5 employees and 7 volunteers at Neighborhood Housing Services Of Hamilton Inc.
Here are 8 key members and their salaries:
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- Compensation: $126,200
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Official website here: www.butlercounty-nhs.org
Where can I find the form 990 for Neighborhood Housing Services Of Hamilton Inc?
Neighborhood Housing Services Of Hamilton Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.butlercounty-nhs.org
Learn more at the official website: www.butlercounty-nhs.org
Mission Statement of Neighborhood Housing Services Of Hamilton Inc
Neighborhood Housing Services of Hamilton Inc is a nonprofit community development organization committed to revitalizing and building stronger communities. This organization serves as a partnership between low- and moderate-income families, local businesses, government, and community leaders. Their mission is to foster healthier and more robust communities that everyone can take pride in. To achieve this objective, they empower families to realize the American Dream of homeownership by providing affordable loans and financial resources to first-time homebuyers. Additionally, they engage in neighborhood revitalization and development projects, inspiring and supporting resident action leaders while offering training and education.
In essence, Neighborhood Housing Services of Hamilton Inc aims to revitalize communities by empowering low- and moderate-income families to achieve homeownership. They recognize that while many families have the desire to own their homes, they often struggle with saving enough for down payments or closing costs. To address this challenge, the organization offers down payment and closing cost grant assistance to qualified homebuyers throughout their service area. This program has proven to be a valuable resource, enabling families and individuals of modest means to achieve their dream of homeownership. By promoting homeownership, Neighborhood Housing Services of Hamilton Inc contributes to building stronger, healthier communities that its partners and community members can take pride in.
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Impact
October, 2024
Neighborhood Housing Services Of Hamilton Inc effectively revitalizes and enhances communities by fostering collaboration among residents, businesses, government entities, and community leaders. Its initiatives focus on empowering low- and moderate-income families, making the dream of homeownership accessible through affordable loans and financial resources for first-time homebuyers.
By providing down payment and closing cost grant assistance, this organization helps many families overcome financial barriers that prevent them from purchasing homes. This support not only encourages individual prosperity but also contributes to the overall integrity and strength of neighborhoods throughout Butler County, Ohio. Through active neighborhood revitalization and development, along with training and educational programs for residents, Neighborhood Housing Services Of Hamilton Inc inspires community leaders and promotes sustainable growth, ultimately creating healthier and more vibrant communities for all.
This information is meant to be a general summary of Neighborhood Housing Services Of Hamilton 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: $148,804
- Program Service Revenue: $574,494
- Gross Receipts: $2,463,885
Assets and Liabilities:
- Total Assets: $5,750,726
- Total Liabilities: $360,911
- Net Assets: $5,389,815
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$176,548
SALE OF PROPERTIES
Revenue
$147,500
REIMBURSEMENT
Revenue
$101,614
PROCESSING RELATED FEE
Revenue
$61,175
LOAN INTEREST
Revenue
$38,898
Organization Details
Founding Year
1992
Phone
(513) 737-9301Principal Officer
Lorie L Distaola
Main Address
100 SOUTH MARTIN LUTHER KING BLVD, HAMILTON, OH, 45011
Website
www.butlercounty-nhs.orgNTEE Category
Code: L20Z - Housing
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