Overview
What is North West Housing Partnership?
North West Housing Partnership is a nonprofit organization situated in Schaumburg, Illinois. Their primary focus is on developing affordable senior living communities, both independently and in collaboration with joint ventures. Employing a financially responsible and multifaceted approach, the organization fosters public and private partnerships to create and preserve cost-effective, high-quality, and diverse housing options for low to moderate-income residents and workers. Their initiatives encompass housing development and renovation, education, and advocacy, ultimately contributing to the betterment of their community.
Official website here: www.nwhp.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The North West Housing Partnership has received a solid Three-Star rating with an overall score of 82%. This rating indicates a strong commitment to accountability and finance, highlighted by a score of 81 in this area. The organization also excels in culture and community, achieving a score of 95, which reflects its engagement and relationships within the community it serves.
A noteworthy aspect of the Partnership is its governance structure, featuring a fully independent board composed of 11 members. The organization has demonstrated a high level of financial responsibility, with an impressive program expense ratio of 86.47%. This suggests that a significant proportion of its funds are directed towards programs rather than administrative costs.
While the ratings are generally positive, the organization does not report any specific limitations or areas for improvement within the data. Its robust policies, such as conflict of interest and whistleblower protections, further enhance its credibility and operational integrity. Overall, North West Housing Partnership appears to be a well-managed nonprofit, effectively utilizing its resources to serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is North West Housing Partnership legitimate?
North West Housing Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. North West Housing Partnership 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
For more financial information, click here
Official website here: www.nwhp.net
What is the mission statement of North West Housing Partnership?
The North West Housing Partnership (NWHP) operates with fiscal responsibility and employs a multi-faceted approach to promote public and private collaborations. Their primary goal is to create and preserve cost-effective, high-quality housing for low to moderate-income residents and workers. They achieve this through various means, including housing development and renovation, educational programs, and advocacy. The organization fosters partnerships to construct affordable senior living communities either independently or through joint ventures.
Official website here: www.nwhp.net
Who is the CEO of North West Housing Partnership?
Paula Bush is the Executive Director-Prior of North West Housing Partnership.
Official website here: www.nwhp.net
What is the revenue of North West Housing Partnership?
North West Housing Partnership's revenue in 2022 was $582,397.
Official website here: www.nwhp.net
Who are the executives of North West Housing Partnership and what are their salaries?
There are 4 employees at North West Housing Partnership.
Here are 11 key members and their salaries:
- Compensation: $127,579
- Related: $0
- Other: $0
- Compensation: $4,431
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.nwhp.net
Where can I find the form 990 for North West Housing Partnership?
North West Housing Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwhp.net
Learn more at the official website: www.nwhp.net
Mission Statement of North West Housing Partnership
North West Housing Partnership, in its mission, advocates for financially sound and multifaceted collaborations to create and maintain cost-effective, high-quality, and diverse housing for individuals with moderate to low income. Through strategies such as housing development and renovation, education, and advocacy, the organization aims to make a tangible impact in this area. In particular, North West Housing Partnership focuses on developing senior living communities, both independently and through joint ventures. The organization's mission is centered around promoting affordable housing options for those in need, thereby contributing to the overall well-being and stability of its community.
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Impact
July, 2024
North West Housing Partnership's impact can be seen in the creation and preservation of cost-effective quality diverse housing for low to moderate-income residents and workers. Through their fiscally responsible and multi-faceted approach, they promote public and private partnerships to develop affordable senior living communities independently and through joint ventures. Their work in housing development, renovation, education, and advocacy in Schaumburg, IL, helps address the housing needs of the community and enhances the quality of life for those in need.
This information is meant to be a general summary of North West Housing Partnership. 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: $495
- Program Service Revenue: $137,049
- Gross Receipts: $1,163,347
Assets and Liabilities:
- Total Assets: $4,124,869
- Total Liabilities: $3,911,455
- Net Assets: $213,414
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BARLETT DEVELOPMENT FEE
Revenue
$24,819
MAYWOOD MANAGEMENT FEE
Revenue
$25,000
DES PLAINES HOUSING PROGRAM
Revenue
$1,688
AGEOPTIONS PROJECT
Revenue
$17,448
Organization Details
Founding Year
1990
Phone
(847) 969-0561Principal Officer
Paula Bush
Main Address
1701 E WOODFIELD RD APT 203, SCHAUMBURG, IL, 601735127
Website
www.nwhp.netNTEE Category
Code: L80 - Housing
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