Overview
What is Neighborhood Associates Corporation?
Neighborhood Associates Corporation is a nonprofit organization, headquartered in Washington, D.C., specifically at 1101 30th Street NW 4th Floor. With a team of 13 dedicated individuals, this organization is committed to enhancing urban neighborhoods by providing affordable housing and fostering citizen-driven programs. Their mission extends beyond the District of Columbia, reaching Florida, Kentucky, Maryland, North Carolina, Pennsylvania, Virginia, and other areas, with the goal of preserving and improving low- and moderate-income housing through strategic partnerships. The organization's approach involves researching, developing, piloting, and evaluating citizen-based programs to better the living conditions in urban communities.
Official website here: www.neighborhoodassociates.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating
Neighborhood Associates Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. While the organization boasts a high Program Expense Ratio of 91.47%, which reflects a strong commitment to program funding, its overall Accountability & Finance Score is lower at 66. This suggests that there may be some areas for improvement in financial transparency and reporting practices.
The nonprofit excels in its governance and community engagement, as evidenced by a perfect score in Culture & Community at 90. It has achieved full marks for having independent board members and maintaining rigorous conflict of interest and whistleblower policies. Additionally, the organization demonstrates a solid commitment to incorporating constituent feedback, with scores of 100 in feedback collection and usage, showcasing its responsiveness to community needs.
However, there are notable limitations, particularly concerning transparency. The absence of the tax form on the organization's website has contributed to its lower financial accountability score, and the liabilities to assets ratio of 93.57% raises concerns about financial stability. Overall, while Neighborhood Associates Corporation shows strengths in governance and community engagement, addressing transparency and financial health issues could enhance its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Associates Corporation legitimate?
Neighborhood Associates Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Associates Corporation 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $185,067
For more financial information, click here
Official website here: www.neighborhoodassociates.org
What is the mission statement of Neighborhood Associates Corporation?
Neighborhood Associates Corporation is committed to enhancing urban communities by pursuing two main objectives. Firstly, they focus on creating affordable housing options. Secondly, they invest in researching, developing, piloting, and assessing citizen-based programs to enhance the overall quality of life for residents in urban areas. The organization leverages relevant partnerships to support the preservation and activities of low and moderate-income housing, contributing to the betterment of urban neighborhoods in various regions including Florida, Kentucky, Maryland, North Carolina, Pennsylvania, Virginia, and the District of Columbia.
Official website here: www.neighborhoodassociates.org
Who is the CEO of Neighborhood Associates Corporation?
Bobby Austin is the CEO of Neighborhood Associates Corporation The CEO's salary of Neighborhood Associates Corporation is $75,000 and their total compensation is $75,000.
Official website here: www.neighborhoodassociates.org
What is the revenue of Neighborhood Associates Corporation?
Neighborhood Associates Corporation's revenue in 2023 was $545,776.
Official website here: www.neighborhoodassociates.org
Who are the executives of Neighborhood Associates Corporation and what are their salaries?
The average compensation at Neighborhood Associates Corporation during 2023 was $43,344. There are 6 employees and 10 volunteers at Neighborhood Associates Corporation.
Here are 9 key members and their salaries (Neighborhood Associates Corporation's CEO's salary is $75,000 and their total compensation is $75,000):
- Compensation: $75,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.neighborhoodassociates.org
Where can I find the form 990 for Neighborhood Associates Corporation?
Neighborhood Associates Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.neighborhoodassociates.org
Learn more at the official website: www.neighborhoodassociates.org
Mission Statement of Neighborhood Associates Corporation
Neighborhood Associates Corporation, a nonprofit organization, is dedicated to enhancing urban communities by focusing on two primary areas: affordable housing and citizen-based programs. Their mission is multi-faceted, involving research, development, piloting, and evaluation of various initiatives aimed at improving the quality of life for low and moderate-income individuals. The organization actively seeks out relevant partnerships in various states, including Florida, Kentucky, Maryland, North Carolina, Pennsylvania, Virginia, and the District of Columbia, to support the preservation and activities of affordable housing within these communities. In essence, Neighborhood Associates Corporation strives to improve urban neighborhoods by providing affordable housing options and implementing effective citizen-based programs.
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Impact
July, 2024
Neighborhood Associates Corporation works tirelessly to improve urban neighborhoods by providing affordable housing and citizen-based programs. Through partnerships in Florida, Kentucky, Maryland, North Carolina, Pennsylvania, Virginia, and the District of Columbia, the organization actively supports the preservation and activities of low and moderate-income housing. By researching, developing, piloting, and evaluating citizen-based programs, Neighborhood Associates Corporation is dedicated to enhancing the quality of life for residents in urban communities.
This information is meant to be a general summary of Neighborhood Associates Corporation. 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: $4,129
- Program Service Revenue: $416,500
- Gross Receipts: $545,776
Assets and Liabilities:
- Total Assets: $6,268,084
- Total Liabilities: $5,865,451
- Net Assets: $402,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Various Fees for Service
Revenue
$5,077
Rent
Revenue
$411,423
Organization Details
Founding Year
2004
Principal Officer
Charles Tini
NTEE Category
Code: P28 - Human services
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