Overview
What is Seward County Housing Corporation C/O Nancy Dolezal?
Seward County Housing Corporation, led by Nancy Dolezal, is a nonprofit organization based in Seward, Nebraska. Their primary mission is to promote and facilitate the development of affordable housing options, catering to both homeowners and renters, within the communities and unincorporated areas of Seward County. They offer assistance to first-time, low to moderate income buyers through an administration of a Down Payment Assistance Program, currently benefiting 78 individuals. The program utilizes $1,700,840 in assets, which are repaid and reused to assist additional individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Seward County Housing Corporation has received a moderate rating of 73%, indicating that while the organization demonstrates some strong attributes, there are significant areas for improvement. The organization has a fully independent board and shows a high program expense ratio, indicating effective allocation of funds towards its mission. However, the absence of several key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns regarding governance and transparency.
Strengths include a robust accountability structure, with perfect scores in areas like board independence and liabilities to assets ratio. This suggests that the organization is financially stable and well-managed in certain respects. However, the lack of critical operational policies could hinder its commitment to ethical standards and accountability.
Overall, while the Seward County Housing Corporation exhibits strong financial management and a committed board, the missing policies highlight a need for enhanced governance practices. Addressing these limitations could improve both its rating and the public's trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Seward County Housing Corporation C/O Nancy Dolezal legitimate?
Seward County Housing Corporation C/O Nancy Dolezal is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seward County Housing Corporation C/O Nancy Dolezal 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.
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What is the mission statement of Seward County Housing Corporation C/O Nancy Dolezal?
The mission of the organization, referred to as Seward County Housing Corporation, is centered around providing and facilitating the development of affordable housing opportunities for both homeowners and renters in various communities and unincorporated areas. Their primary goal is to make housing affordable for individuals with lower to moderate incomes. The corporation also offers assistance to first-time homebuyers, including administering a Down Payment Assistance Program. As of current records, this program has aided 78 individuals, utilizing assets totaling $1,700,840. These assets are repaid and then reused to help other individuals in need.
Who is the CEO of Seward County Housing Corporation C/O Nancy Dolezal?
Greg Majerus is the President of Seward County Housing Corporation C/O Nancy Dolezal.
What is the revenue of Seward County Housing Corporation C/O Nancy Dolezal?
Seward County Housing Corporation C/O Nancy Dolezal's revenue in 2023 was $39,324.
Who are the executives of Seward County Housing Corporation C/O Nancy Dolezal and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Seward County Housing Corporation C/O Nancy Dolezal?
Seward County Housing Corporation C/O Nancy Dolezal's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Seward County Housing Corporation C/O Nancy Dolezal
Seward County Housing Corporation C/O Nancy Dolezal is committed to a vital mission: fostering the creation and facilitation of affordable housing options, catering to both homeowners and renters, within the communities and unincorporated areas of Seward County. This nonprofit organization's primary objective is to contribute to the development of housing that is financially accessible to individuals with low and moderate incomes.
In pursuit of this mission, Seward County Housing Corporation C/O Nancy Dolezal provides assistance to first-time homebuyers. This assistance encompasses the administration of a Down Payment Assistance Program, which currently aids 78 individuals. The program utilizes a substantial sum of $1,700,840 in assets, which are repaid to the corporation after use and then reallocated to support additional individuals in need. This continuous cycle of assistance allows the nonprofit to make a significant impact in the realm of affordable housing.
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Impact
August, 2024
The impact of Seward County Housing Corporation C/O Nancy Dolezal is significant in providing and facilitating the development of affordable housing, both for owners and renters, in the communities and unincorporated areas of Seward County. Through their programs, they offer assistance to first-time low and moderate-income buyers, including administering a down payment assistance program that currently serves 78 individuals. This program utilizes assets totaling $1,700,840, which are repaid and reused to assist other individuals in achieving their housing goals. Overall, their work plays a crucial role in addressing the housing needs of the community and aiding individuals in accessing affordable housing opportunities.
This information is meant to be a general summary of Seward County Housing Corporation C/O Nancy Dolezal. 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 2023.
- Investment Income: $2,383
- Program Service Revenue: $3,878
- Gross Receipts: $109,100
Assets and Liabilities:
- Total Assets: $2,710,854
- Total Liabilities: $737,835
- Net Assets: $1,973,019
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$3,878
Organization Details
Founding Year
1992
Phone
(402) 643-3636Principal Officer
Greg Majerus
Main Address
PO Box 467 104 S 5th Street, Seward, NE, 68434
NTEE Category
Code: L20Z - Housing
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