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Neighborhood Development Enterprises Inc

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

EIN: 364029492 ✦ Minot, ND ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood Development Enterprises Inc?

Neighborhood Development Enterprises Inc, a nonprofit organization situated in Minot, North Dakota, is dedicated to providing affordable rental housing to low-income families. They also play an active role in facilitating the creation of new housing facilities that benefit the community at large. Their mission encompasses offering affordable living spaces to families in need and contributing to the development of public-benefiting facilities within the state of North Dakota.

Is Neighborhood Development Enterprises Inc legitimate?

Neighborhood Development Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Development Enterprises 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Neighborhood Development Enterprises Inc?

Neighborhood Development Enterprises Inc's mission is centered around providing affordable rental housing for low-income families and contributing to the development of public facilities. The organization strives to create housing opportunities for economically disadvantaged families and enhance the community by establishing new facilities that benefit the public. Their focus is on supporting low-income families in the state of North Dakota, aiming to improve their living conditions and contribute positively to the community.

Who is the CEO of Neighborhood Development Enterprises Inc?

Mike Lucy is the President of Neighborhood Development Enterprises Inc.

What is the revenue of Neighborhood Development Enterprises Inc?

Neighborhood Development Enterprises Inc's revenue in 2022 was $96,179.

Who are the executives of Neighborhood Development Enterprises Inc and what are their salaries?

There 3 volunteers at Neighborhood Development Enterprises Inc.


Here are 3 key members and their salaries:


Mike Lucy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Folden (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Conway (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Neighborhood Development Enterprises Inc?

Neighborhood Development Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Neighborhood Development Enterprises Inc

Neighborhood Development Enterprises Inc, a nonprofit organization, is committed to creating housing opportunities for lower-income families and contributing to the development of public facilities. Their primary mission is to provide affordable rental housing to families with limited income in the state of North Dakota. Moreover, they actively participate in the creation of new housing facilities that benefit the public, furthering their aim to enhance the living standards of the community. By offering affordable housing options, Neighborhood Development Enterprises Inc contributes to the stability and well-being of families, enabling them to focus on other essential aspects of their lives.

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Impact




October, 2024

Neighborhood Development Enterprises Inc significantly impacts the community by creating affordable housing opportunities for low-income families in North Dakota. By focusing on providing accessible rental housing, the organization addresses a critical need in the region, helping families secure stable living conditions. Additionally, it plays a vital role in developing facilities that serve the public, further enhancing community infrastructure. This commitment to affordable housing not only improves individual lives but also fosters community growth and socio-economic stability. Ultimately, the organization contributes to a more inclusive and supportive environment for all residents in Minot and beyond.




This information is meant to be a general summary of Neighborhood Development Enterprises 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
$96,179 (2022)
Expenses
$111,776 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $96,179
  • Gross Receipts: $96,179

Assets and Liabilities:

  • Total Assets: $594,129
  • Total Liabilities: $546,237
  • Net Assets: $47,892

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$96,179

Organization Details

Founding Year

2001

Principal Officer

Mike Lucy

Main Address

108 EAST BURDICK EXPY, MINOT, ND, 58701

NTEE Category

Code: L20 - Housing

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