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Healthy Neighborhood Enterprises

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

EIN: 464299259 ✦ Norfolk, VA ✦ Designated as a 501(c)(3)

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Overview

What is Healthy Neighborhood Enterprises?

Healthy Neighborhood Enterprises is a nonprofit organization committed to revitalizing distressed communities that struggle to secure investment from conventional sources. Through its mission, the organization fosters resident leadership, renovates properties, and mobilizes communities to collectively address their challenges. By doing so, Healthy Neighborhood Enterprises aims to breathe new life into underdeveloped areas and improve the living conditions of its residents.

Is Healthy Neighborhood Enterprises legitimate?

Healthy Neighborhood Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthy Neighborhood Enterprises submitted a form 990EZ, 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: $65,337
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Healthy Neighborhood Enterprises?

Healthy Neighborhood Enterprises is committed to revitalizing neglected communities. They achieve this by fostering local leadership, renovating properties, and mobilizing communities that typically struggle to secure investment from conventional sources. This initiative aims to breathe new life into distressed areas, ultimately improving the living conditions and prospects of the residents.

What is the revenue of Healthy Neighborhood Enterprises?

Healthy Neighborhood Enterprises's revenue in 2023 was $200,019.

Who are the executives of Healthy Neighborhood Enterprises and what are their salaries?

The average compensation at Healthy Neighborhood Enterprises during 2023 was $65,337. There is 1 employee at Healthy Neighborhood Enterprises.

Here are 8 key members and their salaries:


Gilbert T Bland (Director/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent J Mastracco (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Kriston (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clyde Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Clarke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alonzo Brandon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terez Patterson (Executive Director)
  • Compensation: $65,337
  • Related: $0
  • Other: $0
Where can I find the form 990 for Healthy Neighborhood Enterprises?

Healthy Neighborhood Enterprises's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Healthy Neighborhood Enterprises

Healthy Neighborhood Enterprises, a nonprofit organization, is committed to revitalizing distressed communities by employing three key strategies. Firstly, the organization fosters resident leadership, empowering local residents to take an active role in the transformation of their neighborhoods. Secondly, Healthy Neighborhood Enterprises engages in property rehabilitation, working to restore and improve the physical infrastructure of these areas. Lastly, the nonprofit organizes communities that have been overlooked by traditional investment sources, mobilizing them to attract and leverage resources for sustainable development. By implementing these strategies, Healthy Neighborhood Enterprises aims to breathe new life into distressed neighborhoods, ultimately improving the quality of life for its residents.

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Impact




October, 2024

Healthy Neighborhood Enterprises has a significant impact on revitalizing distressed neighborhoods in Norfolk, VA. By developing resident leadership, the organization empowers community members to take active roles in transforming their environments. Through the rehabilitation of properties, it enhances the physical landscape of the neighborhoods, promoting pride and stability among residents. Additionally, Healthy Neighborhood Enterprises organizes communities that often struggle to attract traditional investments, connecting them with resources and support necessary for growth and improvement. This multifaceted approach fosters a stronger sense of community, encourages local engagement, and ultimately contributes to the revitalization of these areas.




This information is meant to be a general summary of Healthy Neighborhood Enterprises. 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
$200,019 (2023)
Expenses
$108,155 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $19
  • Gross Receipts: $200,019

Assets and Liabilities:

  • Total Assets: $195,651
  • Total Liabilities: $0
  • Net Assets: $195,651

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Organization Details

Principal Officer

Terez Patterson

NTEE Category

Code: S30 - Community improvement

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