Nwgm Title Holding Company Ii Inc

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

EIN: 454933071 ✦ Manchester, NH ✦ Designated as a 501(c)(2)

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Overview

What is Nwgm Title Holding Company Ii Inc?

NWGM Title Holding Company II Inc is a nonprofit organization, established with the mission of supporting affordable housing. Based in Manchester, New Hampshire, the company acquires properties and transforms them into rental units or sells them at affordable prices to assist low-income individuals and families. They prioritize purchasing properties close to each other to make a significant impact on neighborhoods. By rehabilitating these properties to meet current building codes and safety standards, they ensure that the homes they offer are safe and clean. The company's goal is to boost neighborhood revitalization and contribute to personal empowerment through quality housing services. The organization holds title to these properties, aligning with the mission of its parent organization, NeighborWorks Southern New Hampshire.


Official website here: www.nwsnh.org

Is Nwgm Title Holding Company Ii Inc legitimate?

Nwgm Title Holding Company Ii Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nwgm Title Holding Company Ii 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


Official website here: www.nwsnh.org

What is the mission statement of Nwgm Title Holding Company Ii Inc?

NWGM Title Holding Company II, Inc., serves as a title holding entity, with the primary purpose of supporting the mission of NeighborWorks Southern New Hampshire. This mission is focused on enhancing individuals' lives and the community environment by providing access to quality housing services, revitalizing neighborhoods, and fostering opportunities for personal empowerment. By holding title to relevant properties, NWGM Title Holding Company II, Inc., contributes to the broader goal of NeighborWorks Southern New Hampshire, which is to contribute positively to the community and the lives of its residents.


Official website here: www.nwsnh.org

Who is the CEO of Nwgm Title Holding Company Ii Inc?

Robert Tourigny is the President of Nwgm Title Holding Company Ii Inc.


Official website here: www.nwsnh.org

What is the revenue of Nwgm Title Holding Company Ii Inc?

Nwgm Title Holding Company Ii Inc's revenue in 2023 was $244,857.


Official website here: www.nwsnh.org

Who are the executives of Nwgm Title Holding Company Ii Inc and what are their salaries?

There 3 volunteers at Nwgm Title Holding Company Ii Inc.


Here are 3 key members and their salaries:


Robert Tourigny (President)
  • Compensation: $0
  • Related: $153,937
  • Other: $16,967
Jennifer Vadney (Secretary)
  • Compensation: $0
  • Related: $93,881
  • Other: $16,488
Diane Brewster (Treasurer)
  • Compensation: $0
  • Related: $91,981
  • Other: $18,989


Official website here: www.nwsnh.org

Where can I find the form 990 for Nwgm Title Holding Company Ii Inc?

Nwgm Title Holding Company Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nwsnh.org

Learn more at the official website: www.nwsnh.org

Mission Statement of Nwgm Title Holding Company Ii Inc

Nwgm Title Holding Company II Inc, as a title holding company, plays a crucial role in supporting the mission of NeighborWorks Southern New Hampshire. This mission, in essence, is to improve lives and the surrounding community by facilitating access to high-quality housing services, revitalizing neighborhoods, and fostering opportunities for personal growth and empowerment. By holding title to properties, Nwgm Title Holding Company II Inc contributes to this broader objective, ensuring that the real estate it manages aligns with NeighborWorks Southern New Hampshire's vision. This company's activities underpin the organization's efforts to make a positive impact on individuals and communities, thereby enhancing the overall quality of life.

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Impact




October, 2024

Nwgm Title Holding Company II Inc plays a significant role in addressing the housing challenges faced by low and moderate-income individuals and families, particularly in Manchester, NH. By acquiring properties in targeted neighborhoods, the organization provides a dual impact: revitalizing communities while ensuring access to affordable housing.

The company's approach involves either rehabilitating homes for sale or maintaining them as rental units at below-market rates. This not only enhances the quality of available housing but also complies with building and safety codes, ensuring residents can live in safe, clean environments. The focus on acquiring multiple properties in close proximity maximizes the effectiveness of their efforts, creating a more cohesive community and fostering neighborhood stability.

Through these actions, Nwgm Title Holding Company II Inc directly contributes to the overall mission of enhancing community well-being. By improving housing accessibility and emphasizing neighborhood revitalization, the company supports personal empowerment and provides essential services that benefit low-income residents, ultimately leading to stronger, more resilient communities.




This information is meant to be a general summary of Nwgm Title Holding Company Ii 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
$244,857 (2023)
Expenses
$263,510 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1
  • Program Service Revenue: $244,856
  • Gross Receipts: $244,857

Assets and Liabilities:

  • Total Assets: $2,295,689
  • Total Liabilities: $17,330
  • Net Assets: $2,278,359

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Programs

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

Rental Income

Revenue

$244,856

Organization Details

Founding Year

2012

Principal Officer

Robert Tourigny

Main Address

PO Box 3968, Manchester, NH, 03105

NTEE Category

Code: Z99 - Unknown

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