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National Housing Associates Inc

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

EIN: 311502522 ✦ Powell, OH ✦ Designated as a 501(c)(3)

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Overview

What is National Housing Associates Inc?

National Housing Associates Inc, based in Powell, Ohio, is a nonprofit organization dedicated to promoting and developing affordable housing projects and facilities in the Midwest. They facilitate, develop, own, and operate low-income and moderate income housing projects, employing a small team of two individuals. Their mission lies in supporting the provision of affordable housing, contributing positively to the community's housing landscape.


Official website here: www.nationalhousingassociates.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85%, Three-Star out of Four Star rating.

National Housing Associates Inc has received an 85% score from Charity Navigator, reflecting a Three-Star rating primarily based on its Accountability & Finance. The organization exhibits strong governance practices, with a fully independent board consisting of 85% independent members, ensuring effective oversight. Additionally, there are no indicators of asset mismanagement, and the charity maintains essential policies such as conflict of interest and whistleblower protections.

Despite its high marks in various areas, the organization’s program expense ratio stands at 60.09%, which may indicate room for improvement in how funds are allocated towards direct program services versus administrative costs. Overall, the charity demonstrates a commitment to transparency and integrity in its operations, but stakeholders may benefit from further insight into its programmatic impact.


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

Is National Housing Associates Inc legitimate?

National Housing Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Housing Associates 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: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,206

For more financial information, click here


Official website here: www.nationalhousingassociates.org

What is the mission statement of National Housing Associates Inc?

National Housing Associates Inc, as an organization, is dedicated to supporting and fostering the development of affordable housing options in the midwestern region. Their mission encompasses facilitating, developing, owning, and managing low-income and moderate-income housing projects and related services. This commitment aims to provide housing solutions for individuals and families who may not otherwise have access to affordable housing options.


Official website here: www.nationalhousingassociates.org

Who is the CEO of National Housing Associates Inc?

R Wayne Koehler is the President of National Housing Associates Inc.


Official website here: www.nationalhousingassociates.org

What is the revenue of National Housing Associates Inc?

National Housing Associates Inc's revenue in 2022 was $79,125.


Official website here: www.nationalhousingassociates.org

Who are the executives of National Housing Associates Inc and what are their salaries?

The average compensation at National Housing Associates Inc during 2022 was $64,603. There are 2 employees and 7 volunteers at National Housing Associates Inc.


Here are 8 key members and their salaries:


R Wayne Koehler (President)
  • Compensation: $110,000
  • Related: $0
  • Other: $0
Tim Williams (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Linn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane S Emmons (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary O'Doherty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Constans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Brown (Trustee (Through November 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kircher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nationalhousingassociates.org

Where can I find the form 990 for National Housing Associates Inc?

National Housing Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nationalhousingassociates.org

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

Mission Statement of National Housing Associates Inc

National Housing Associates Inc, as a nonprofit organization, is dedicated to supporting and developing affordable housing in the Midwest. Their mission involves facilitating, developing, owning, and operating low-income and moderate-income affordable housing projects and facilities. This commitment extends to providing essential services to these communities, ensuring that affordable housing options are not only available but also well-maintained and functional. By focusing on affordable housing, National Housing Associates Inc aims to contribute to the betterment of communities in the Midwest, providing individuals and families with safe and affordable living spaces.

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Impact




August, 2024

National Housing Associates Inc has a significant impact on the Midwest region by supporting and developing affordable housing projects and facilities. Through their facilitation, development, ownership, and operation of low-income and moderate-income housing, they ensure that individuals and families have access to safe and affordable housing options. Their commitment to this mission directly addresses the pressing need for affordable housing in the region, making a tangible difference in the lives of those in need.




This information is meant to be a general summary of National Housing Associates 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
$79,125 (2022)
Expenses
$230,362 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $73,131
  • Gross Receipts: $87,355

Assets and Liabilities:

  • Total Assets: $2,805,738
  • Total Liabilities: $717,167
  • Net Assets: $2,088,571

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Organization Details

Founding Year

1997

Principal Officer

R Wayne Koehler

Main Address

106 VILLAGE POINTE DRIVE, POWELL, OH, 43065

NTEE Category

Code: L21Z - Housing

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