Overview
What is Northwest Affordable Housing Inc?
Northwest Affordable Housing Inc, based in Spooner, Wisconsin, is a nonprofit organization dedicated to assisting individuals with low income. Their primary mission is to develop, manage, and own affordable housing units in the public interest. This commitment is aimed at providing secure and decent living spaces for low to moderate income households, ensuring they have a stable place to call home. The organization's activities further extend to offering housing assistance, contributing positively to the local community's well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Northwest Affordable Housing Inc has received a two-star rating from Charity Navigator, indicating that the organization has areas that require improvement. The charity scored 73% overall, reflecting solid performance in certain governance aspects, such as having a fully independent board and a favorable liabilities-to-assets ratio. These strengths suggest a commitment to accountability in some key areas.
However, the organization shows significant deficiencies in transparency and policy documentation. Specifically, it lacks critical policies like conflict of interest and whistleblower protection, and it has not disclosed its tax forms on its website. These missing elements contribute to its low accountability score and highlight areas where the organization can enhance its practices to better serve its mission and stakeholders.
Overall, while Northwest Affordable Housing Inc demonstrates strengths in governance and financial management, the absence of essential policies and public disclosures raises concerns. Addressing these limitations could improve its rating and foster greater trust among donors and the community it aims to serve.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Affordable Housing Inc legitimate?
Northwest Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Affordable Housing 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 Northwest Affordable Housing Inc?
Northwest Affordable Housing Inc's primary mission is to contribute to the public interest by developing, owning, and managing affordable housing units. Their core objective is to provide safe and decent housing, ensuring a sense of security from displacement for low to moderate income households. Additionally, they offer housing assistance for individuals with lower income levels. In essence, their mission is centered around improving housing accessibility and affordability for those in financial need.
What is the revenue of Northwest Affordable Housing Inc?
Northwest Affordable Housing Inc's revenue in 2023 was $51,653.
Who are the executives of Northwest Affordable Housing Inc and what are their salaries?
There 6 volunteers at Northwest Affordable Housing Inc.
Here are 7 key members and their salaries:
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- Other: $0
- Compensation: $0
- Related: $82,678
- Other: $36,540
Where can I find the form 990 for Northwest Affordable Housing Inc?
Northwest Affordable Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Northwest Affordable Housing Inc
Northwest Affordable Housing Inc, a dedicated nonprofit organization, is committed to a mission that involves developing, owning, and managing affordable housing in the public interest. At its core, this mission aims to provide safe and decent housing with a guarantee of security from displacement to low to moderate income households. The organization's primary goal is to extend housing assistance to individuals with low income, ensuring they have access to suitable living spaces.
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Impact
August, 2024
Northwest Affordable Housing Inc plays a crucial role in providing safe, decent housing with security from displacement to low to moderate-income households. Through its activities of developing, owning, and managing affordable housing in the public interest, the organization directly impacts the lives of individuals in Spooner, WI, by offering housing assistance to those in need. Their mission to ensure affordable housing options for low-income individuals contributes significantly to creating a stable and sustainable community for all residents.
This information is meant to be a general summary of Northwest Affordable Housing 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 2023.
- Investment Income: $108
- Gross Receipts: $51,653
Assets and Liabilities:
- Total Assets: $2,145,876
- Total Liabilities: $3,750
- Net Assets: $2,142,126
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Organization Details
Founding Year
1996
Principal Officer
Mariann Jones
NTEE Category
Code: L20 - Housing
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