Overview
What is Nwc Corporation?
Nwc Corporation, located at 3021 E Dublin-Granville Rd, Columbus, Ohio 43231, is a nonprofit organization committed to providing subsidized housing for chronically mentally ill low-income individuals. Operating under Section 202 of the National Housing Act, Nwc Corporation manages a 20-unit apartment complex, overseen by HUD for regulation of rent charges and operating expenses. Their mission is centered around offering affordable housing solutions for this vulnerable population, enhancing their quality of life and ensuring they have a safe and supportive living environment.
Is Nwc Corporation legitimate?
Nwc Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nwc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Nwc Corporation?
Nwc Corporation's mission is centered around providing subsidized housing for individuals who are chronically mentally ill and have low income. This organization operates a 20-unit apartment complex specifically for these adults, adhering to Section 202 of the National Housing Act. The project's regulations, including rent charges and operating expenses, are overseen by the HUD. In essence, Nwc Corporation is committed to providing a safe and affordable living space for those who require special housing accommodations due to their mental health conditions.
Who is the CEO of Nwc Corporation?
Steven J Boone is the President of Nwc Corporation.
What is the revenue of Nwc Corporation?
Nwc Corporation's revenue in 2022 was $239,691.
Who are the executives of Nwc Corporation and what are their salaries?
There 2 volunteers at Nwc Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $312,000
- Other: $14,917
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $30,000
- Other: $0
- Compensation: $0
- Related: $30,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nwc Corporation?
Nwc Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nwc Corporation
Nwc Corporation, a nonprofit organization, is dedicated to providing subsidized housing for chronically mentally ill low-income individuals. Their mission is to offer a living space that caters specifically to this vulnerable population, ensuring they have a secure and supportive environment. The organization manages a 20-unit apartment complex, which falls under Section 202 of the National Housing Act. This project is regulated by HUD, overseeing both the rental charges and operating expenses to ensure affordability and accessibility for its residents. Nwc Corporation's mission is instrumental in providing a much-needed housing solution for chronically mentally ill adults, enabling them to live with dignity and security.
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Impact
October, 2024
Nwc Corporation plays a vital role in addressing the housing needs of chronically mentally ill low-income individuals in Columbus, Ohio. By owning and operating a 20-unit apartment complex, the organization provides subsidized housing that ensures stable living conditions for a vulnerable population. This support is especially crucial as many individuals facing chronic mental health challenges often struggle to secure affordable housing, which can significantly impact their well-being and ability to thrive.
The apartments are regulated by HUD, which helps to maintain affordable rent charges and sensible operating expenses, ensuring that residents can live with dignity while receiving the necessary support. By focusing on stable housing, Nwc Corporation contributes to improved mental health outcomes, fostering a sense of community and belonging among its residents.
This initiative not only addresses immediate housing needs but also serves as a foundation for residents to pursue additional support services, leading to greater independence and enhanced quality of life. In summary, Nwc Corporation's impact is profound, as it not only provides shelter but also empowers individuals facing mental health challenges in a supportive environment.
This information is meant to be a general summary of Nwc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $540
- Program Service Revenue: $65,896
- Gross Receipts: $239,691
Assets and Liabilities:
- Total Assets: $461,789
- Total Liabilities: $505,958
- Net Assets: -$44,169
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$65,896
Organization Details
Founding Year
1988
Phone
(614) 942-2020Principal Officer
Steven J Boone
Main Address
3021 E DUBLIN-GRANVILLE RD 200, COLUMBUS, OH, 43231
NTEE Category
Code: L20Z - Housing
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