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Neighborhood Housing Finance Corporation

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

EIN: 455094294 ✦ Quincy, MA ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood Housing Finance Corporation?

Neighborhood Housing Finance Corporation serves as a non-profit organization, dedicated to supporting neighborhood housing services in the South Shore area of Massachusetts. Its primary mission is to facilitate financing for low and moderate-income individuals, as well as other deserving residents, within this region. By doing so, it plays a crucial role in promoting affordable housing opportunities, thereby contributing positively to the local community.


Official website here: www.nhsmass.org

Is Neighborhood Housing Finance Corporation legitimate?

Neighborhood Housing Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Finance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nhsmass.org

What is the mission statement of Neighborhood Housing Finance Corporation?

The Neighborhood Housing Finance Corporation serves as a non-profit organization, dedicated to supporting neighborhood housing services. Their primary mission is to facilitate financing for low and moderate-income individuals and other deserving residents in a specific area, in this case, the South Shore of Massachusetts. Their goal is to make housing more accessible to those who may otherwise struggle to secure it. In essence, they act as an intermediary, providing the necessary financial support to help individuals and families secure suitable housing.


Official website here: www.nhsmass.org

Who is the CEO of Neighborhood Housing Finance Corporation?

Robert Corley is the President of Neighborhood Housing Finance Corporation. The CEO's salary of Neighborhood Housing Finance Corporation is $0 and their total compensation is $298,418.


Official website here: www.nhsmass.org

What is the revenue of Neighborhood Housing Finance Corporation?

Neighborhood Housing Finance Corporation's revenue in 2022 was $339,047.


Official website here: www.nhsmass.org

Who are the executives of Neighborhood Housing Finance Corporation and what are their salaries?


Here are 10 key members and their salaries (Neighborhood Housing Finance Corporation's CEO's salary is $0 and their total compensation is $298,418):


Steve Borgerson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kilnapp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Somerville (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Delorey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Kelley-Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominga Maldonado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lanham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Healey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Petersen (Chief Financial Officer)
  • Compensation: $0
  • Related: $164,470
  • Other: $32,133
Robert Corley (Chief Executive Officer)
  • Compensation: $0
  • Related: $260,609
  • Other: $37,809


Official website here: www.nhsmass.org

Where can I find the form 990 for Neighborhood Housing Finance Corporation?

Neighborhood Housing Finance Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhsmass.org

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

Mission Statement of Neighborhood Housing Finance Corporation

Neighborhood Housing Finance Corporation, as a non-profit organization, is dedicated to supporting the housing needs of low-income individuals and other deserving residents in the South Shore area of Massachusetts. Its mission lies in facilitating financing for these communities, aiming to make homeownership and housing more accessible. By serving as a crucial facilitator, Neighborhood Housing Finance Corporation plays a significant role in enhancing the living conditions of those in need, ultimately contributing to the betterment of the community as a whole.

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Impact




October, 2024

Neighborhood Housing Finance Corporation plays a vital role in facilitating access to financing for low and moderate-income individuals and families in the South Shore area of Massachusetts. By bridging the gap between these residents and affordable housing options, the organization helps to create pathways for homeownership and stable living conditions. Its efforts support community development, allowing deserving residents to invest in their futures while contributing to the overall revitalization of neighborhoods. The impact of the Corporation is evident in the improved quality of life for many families, fostering stability and economic growth within the community.




This information is meant to be a general summary of Neighborhood Housing Finance 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.

Revenue
$339,047 (2022)
Expenses
$346,938 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,303
  • Program Service Revenue: $152,303
  • Gross Receipts: $339,047

Assets and Liabilities:

  • Total Assets: $5,670,057
  • Total Liabilities: $4,670,743
  • Net Assets: $999,314

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Programs

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

LOAN ADMINISTRATIVE FE

Revenue

$152,303

Organization Details

Founding Year

2012

Principal Officer

Robert Corley

Main Address

422 WASHINGTON STREET, QUINCY, MA, 02169

NTEE Category

Code: L20 - Housing

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