Overview
What is Neighborhood Housing Services Of Southwest Wisconsin Inc?
Neighborhood Housing Services of Southwest Wisconsin Inc, situated in Richland Center, Wisconsin, is a dedicated nonprofit organization. Their primary mission involves providing rehabilitation grants and loans to eligible low-income individuals and other qualified applicants, facilitating home purchases and managing administrative costs associated with low-income housing loan assistance programs. The organization's activities encompass developing, administering, and conducting housing rehabilitation services, offering home ownership counseling, and engaging in various neighborhood improvement activities. With a workforce of 12 members, Neighborhood Housing Services of Southwest Wisconsin Inc aims to enhance the housing situation in their community.
Official website here: www.nhsrcwi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
Neighborhood Housing Services Of Southwest Wisconsin Inc has received an impressive 97% rating from Charity Navigator, which reflects its strong commitment to accountability and finance. The charity's score is derived entirely from a single beacon score focused on financial health, showcasing its robust organizational practices.
The organization excels in several key areas, including having a completely independent board, with 100% of its board members meeting independence criteria. This is complemented by an absence of material asset diversion, a comprehensive conflict of interest policy, and proper documentation practices, all of which contribute to its high score in accountability. Additionally, the program expense ratio indicates that 73.56% of its expenditures are directed toward its programs, signaling effective use of resources.
While the overall rating is highly favorable, like all organizations, there may be areas for improvement, although specific limitations are not highlighted in the current data. Overall, Neighborhood Housing Services Of Southwest Wisconsin Inc exemplifies strong fiscal management and governance, making it a trusted entity in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Housing Services Of Southwest Wisconsin Inc legitimate?
Neighborhood Housing Services Of Southwest Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Southwest Wisconsin 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: $67,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,333
For more financial information, click here
Official website here: www.nhsrcwi.org
What is the mission statement of Neighborhood Housing Services Of Southwest Wisconsin Inc?
Neighborhood Housing Services of Southwest Wisconsin Inc is committed to developing, administering, and conducting housing rehabilitation services. Their mission also includes providing home ownership counseling and engaging in other neighborhood improvement activities. The primary goal is to offer rehabilitation grants and loans to qualified low-income individuals and others, aiding them in purchasing homes and covering administrative costs associated with low-income housing loan assistance programs.
Official website here: www.nhsrcwi.org
Who is the CEO of Neighborhood Housing Services Of Southwest Wisconsin Inc?
Cathy Lins is the President of Neighborhood Housing Services Of Southwest Wisconsin Inc.
Official website here: www.nhsrcwi.org
What is the revenue of Neighborhood Housing Services Of Southwest Wisconsin Inc?
Neighborhood Housing Services Of Southwest Wisconsin Inc's revenue in 2022 was $461,201.
Official website here: www.nhsrcwi.org
Who are the executives of Neighborhood Housing Services Of Southwest Wisconsin Inc and what are their salaries?
The average compensation at Neighborhood Housing Services Of Southwest Wisconsin Inc during 2022 was $17,444. There are 12 employees and 9 volunteers at Neighborhood Housing Services Of Southwest Wisconsin Inc.
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- Compensation: $67,000
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Official website here: www.nhsrcwi.org
Where can I find the form 990 for Neighborhood Housing Services Of Southwest Wisconsin Inc?
Neighborhood Housing Services Of Southwest Wisconsin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhsrcwi.org
Learn more at the official website: www.nhsrcwi.org
Mission Statement of Neighborhood Housing Services Of Southwest Wisconsin Inc
Neighborhood Housing Services of Southwest Wisconsin Inc is dedicated to a mission that encompasses two key aspects. Firstly, it aims to develop, administer, and conduct housing rehabilitation services, focusing on assisting low-income individuals and other qualified individuals. This involves providing grants and loans to help these individuals purchase homes and cover administrative costs associated with low-income housing loan assistance programs.
Secondly, Neighborhood Housing Services of Southwest Wisconsin Inc extends its services to provide home ownership counseling and other related neighborhood improvement activities. By offering such counseling, the organization aims to equip individuals with the necessary knowledge and resources to navigate the process of home ownership. This holistic approach to housing rehabilitation and counseling is designed to enhance the living conditions of the community and contribute to neighborhood improvement.
In essence, Neighborhood Housing Services of Southwest Wisconsin Inc is committed to enhancing home ownership opportunities for qualified individuals, while also contributing to neighborhood improvement through its housing rehabilitation and counseling services.
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Impact
July, 2024
Neighborhood Housing Services Of Southwest Wisconsin Inc's impact can be seen in the provision of rehabilitation grants and loans to qualified low-income individuals, helping them to purchase homes and cover administrative costs associated with housing loan assistance programs. By offering home ownership counseling and other neighborhood improvement activities, this organization plays a crucial role in promoting access to affordable housing and fostering community development in Richland Center, Wisconsin. Through their efforts, they contribute to improving the quality of life for individuals and families in need of housing support.
This information is meant to be a general summary of Neighborhood Housing Services Of Southwest Wisconsin 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$6,149
- Program Service Revenue: $123,064
- Gross Receipts: $499,696
Assets and Liabilities:
- Total Assets: $5,064,493
- Total Liabilities: $834,673
- Net Assets: $4,229,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT/TENANT ASSISTANCE
Revenue
$112,383
SERVICE AND ADMIN FEES
Revenue
$10,681
Organization Details
Founding Year
1983
Phone
(608) 647-4949Principal Officer
Cathy Lins
Main Address
125 EAST SEMINARY STREET, RICHLAND CENTER, WI, 53581
Website
www.nhsrcwi.orgNTEE Category
Code: L80 - Housing
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