Overview
What is United Neighborhoods Inc?
United Neighborhoods Inc, based in Hammond, Indiana, is a nonprofit organization with a mission to enhance the living conditions in the city. They primarily focus on purchasing single-family properties and vacant land, aiming to construct and rehabilitate homes for families with moderate income. This initiative aims to improve the aging and substandard housing in the area, ultimately uplifting neighborhoods within Hammond, Indiana. The organization currently employs a team of three individuals, working tirelessly towards their noble cause.
Official website here: www.unihammond.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
United Neighborhoods Inc has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and transparency. The charity scored 100% in Accountability & Finance, reflecting strong oversight and management practices. Notably, the organization has a fully independent board, which enhances its governance structure and contributes to its overall effectiveness.
The fiscal year 2022 data shows that United Neighborhoods Inc has a program expense ratio of 79.73%, meaning a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, further showcasing the charity's commitment to its mission and financial integrity.
While the organization excels in various aspects, it is important for potential donors to consider the broader context of its operations and programs. The high ratings in financial metrics suggest strong performance, but ongoing evaluation of program outcomes and community impact would provide a more comprehensive picture of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is United Neighborhoods Inc legitimate?
United Neighborhoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Neighborhoods 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: $72,019
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,752
For more financial information, click here
Official website here: www.unihammond.com
What is the mission statement of United Neighborhoods Inc?
United Neighborhoods Inc's mission is to enhance the living conditions in underprivileged neighborhoods. This is achieved by purchasing single family properties and vacant land, which are then utilized for constructing and rehabilitating homes. These homes are subsequently sold to families with moderate income, thereby positively impacting their living standards. The organization's primary goal is to contribute to the betterment of neighborhoods, improving the overall community living experience.
Official website here: www.unihammond.com
Who is the CEO of United Neighborhoods Inc?
Lavetta Sparks-Wade is the President of United Neighborhoods Inc.
Official website here: www.unihammond.com
What is the revenue of United Neighborhoods Inc?
United Neighborhoods Inc's revenue in 2022 was $1,101,705.
Official website here: www.unihammond.com
Who are the executives of United Neighborhoods Inc and what are their salaries?
The average compensation at United Neighborhoods Inc during 2022 was $38,257. There are 3 employees at United Neighborhoods Inc.
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- Compensation: $72,019
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Official website here: www.unihammond.com
Where can I find the form 990 for United Neighborhoods Inc?
United Neighborhoods Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unihammond.com
Learn more at the official website: www.unihammond.com
Mission Statement of United Neighborhoods Inc
United Neighborhoods Inc, a nonprofit organization, is dedicated to improving the aging and substandard housing in various neighborhoods. Their mission is to positively impact these communities by purchasing single-family properties and vacant lands. Once acquired, they undertake the construction and rehabilitation of homes, which are then sold to low and moderate-income families. This strategic approach aims to enhance the living standards of these families, ultimately revitalizing the neighborhoods they inhabit. By addressing the issue of substandard housing, United Neighborhoods Inc contributes to the overall betterment of the communities they serve, fostering a sense of growth and improvement.
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Impact
October, 2024
United Neighborhoods Inc. plays a crucial role in revitalizing neighborhoods in Hammond, Indiana, by focusing on the improvement of aging and substandard housing. By purchasing single-family properties and vacant land, the organization works to construct and rehabilitate homes specifically for low and moderate-income families. This initiative not only enhances the quality of housing available but also contributes to the overall upliftment of the community, fostering a more vibrant and sustainable environment for residents. Through these efforts, United Neighborhoods Inc. creates opportunities for families to achieve homeownership and builds stronger, healthier neighborhoods.
This information is meant to be a general summary of United Neighborhoods 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: -$84,395
- Program Service Revenue: $122,601
- Gross Receipts: $1,351,115
Assets and Liabilities:
- Total Assets: $1,243,212
- Total Liabilities: $218,755
- Net Assets: $1,024,457
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$122,601
Organization Details
Founding Year
1997
Phone
(219) 937-0200Principal Officer
Lavetta Sparks-Wade
Main Address
5925 CALUMET AVE 204, HAMMOND, IN, 46320
Website
www.unihammond.comNTEE Category
Code: L82 - Housing
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