Overview
What is Western Nebraska Housing Opportunit?
Western Nebraska Housing Opportunity is a nonprofit organization situated in Scottsbluff, Nebraska, specifically at 1620 Broadway. Their primary focus is on leveraging funding to create housing programs and develop affordable housing opportunities for individuals and families who fall below 100% of the area's median income. To further support their mission, they foster and facilitate educational programs and services for low to moderate income individuals and families. Their overarching goal is to contribute to affordable housing and economic development within Scottsbluff County, Nebraska, and its surrounding areas.
Official website here: www.tcdne.org/housing/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star Rating
Western Nebraska Housing Opportunities has received a 69% rating from Charity Navigator, which equates to a Two-Star designation. This rating is primarily influenced by the charity's accountability and finance practices. Notably, the organization showcases strong governance with 100% independent board members and a low liabilities to assets ratio, indicating sound financial management.
However, the rating also highlights some areas of concern. The organization lacks several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which contributed to deficiencies in its accountability score. While the program expense ratio is commendable at 82.88%, the absence of these policies suggests a need for improvement in governance and transparency.
Overall, while Western Nebraska Housing Opportunities demonstrates effective use of funds towards its programs, the lack of critical policies may affect its overall trustworthiness and governance. Strengthening these areas could enhance its operational integrity and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Western Nebraska Housing Opportunit legitimate?
Western Nebraska Housing Opportunit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Nebraska Housing Opportunit 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:
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Official website here: www.tcdne.org/housing/
What is the mission statement of Western Nebraska Housing Opportunit?
The mission of Western Nebraska Housing Opportunity focuses on promoting, fostering, and encouraging affordable housing and economic development in unspecified areas. Their objective is to coordinate and participate in initiatives that develop and assist in the creation of affordable housing opportunities for individuals and families who fall below 100% of the area median income. Additionally, they endeavor to facilitate and develop educational programs and support services for low to moderate income individuals and families.
Official website here: www.tcdne.org/housing/
Who is the CEO of Western Nebraska Housing Opportunit?
Cinda Munoz is the Board Member of Western Nebraska Housing Opportunit.
Official website here: www.tcdne.org/housing/
What is the revenue of Western Nebraska Housing Opportunit?
Western Nebraska Housing Opportunit's revenue in 2022 was $816,597.
Official website here: www.tcdne.org/housing/
Who are the executives of Western Nebraska Housing Opportunit and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.tcdne.org/housing/
Where can I find the form 990 for Western Nebraska Housing Opportunit?
Western Nebraska Housing Opportunit's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tcdne.org/housing/
Learn more at the official website: www.tcdne.org/housing/
Mission Statement of Western Nebraska Housing Opportunit
Western Nebraska Housing Opportunity, a nonprofit organization, is dedicated to promoting and encouraging affordable housing and economic development in its service area. The mission of this organization is to coordinate and participate in initiatives that foster, develop, and assist with affordable housing and economic growth. To achieve this goal, Western Nebraska Housing Opportunity leverages funding to create housing programs and develop affordable housing opportunities for individuals and families who fall below 100% of the area's average median income.
In addition to housing programs, the organization also fosters and develops educational programs and support services for low to moderate income individuals and families. By doing so, Western Nebraska Housing Opportunity aims to contribute to the overall well-being of its community, ensuring that everyone has access to decent and affordable housing. The organization's mission is a testament to its commitment to improving living conditions and fostering economic development in its service area.
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Impact
July, 2024
Western Nebraska Housing Opportunities has a significant impact in Scotts Bluff County, Nebraska, and the surrounding areas by leveraging funding to create housing programs and affordable housing opportunities for individuals and families at or below 100% of the area median income. Additionally, they facilitate educational programs and support services for low to moderate-income individuals, contributing to the overall well-being and stability of the community. Through their coordination and participation in affordable housing and economic development initiatives, they play a crucial role in fostering sustainable growth and improving the quality of life for residents in the region.
This information is meant to be a general summary of Western Nebraska Housing Opportunit. 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: $461,396
- Program Service Revenue: $225,410
- Gross Receipts: $1,367,014
Assets and Liabilities:
- Total Assets: $3,545,571
- Total Liabilities: $18,008
- Net Assets: $3,527,563
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING RENT REVEN
Revenue
$214,607
PROGRAM FEES AND CHARGES
Revenue
$10,803
Organization Details
Founding Year
2003
Phone
(308) 632-2833Principal Officer
Cinda Munoz
Main Address
1620 BROADWAY, SCOTTSBLUFF, NE, 69361
Website
www.tcdne.org/housing/NTEE Category
Code: L80 - Housing
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