Overview
What is Huntington Neighborhood Development Corporation?
Huntington Neighborhood Development Corporation is a dedicated nonprofit organization situated in Huntington, Indiana. Their primary mission is to contribute financially to redevelopment projects, promoting economic growth. In 2020, they provided substantial grants of $80,399.00 and $67,629.21 to UB Block LLC, facilitating commercial development and the creation of market-rate housing options. This was achieved through the restoration of a building complex, thereby stimulating overall development in the downtown area.
Is Huntington Neighborhood Development Corporation legitimate?
Huntington Neighborhood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Huntington Neighborhood Development Corporation 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.
What is the mission statement of Huntington Neighborhood Development Corporation?
The Huntington Neighborhood Development Corporation, as a nonprofit entity, is committed to providing financial assistance for redevelopment projects. Specifically, its mission involves offering grants to facilitate commercial development and the creation of market-rate housing options. This is accomplished through the renovation of building complexes, thereby fostering economic growth. In 2020, the corporation granted significant funds to UB Block LLC in downtown Huntington, Indiana, to support these endeavors.
Who is the CEO of Huntington Neighborhood Development Corporation?
Charles Chapman is the President of Huntington Neighborhood Development Corporation.
What is the revenue of Huntington Neighborhood Development Corporation?
Huntington Neighborhood Development Corporation's revenue in 2022 was $0.
Who are the executives of Huntington Neighborhood Development Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Huntington Neighborhood Development Corporation?
Huntington Neighborhood Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Huntington Neighborhood Development Corporation
Huntington Neighborhood Development Corporation, a nonprofit organization, is dedicated to supporting redevelopment projects financially. Their mission involves providing funds to facilitate commercial developments and the creation of market-rate housing options. In 2020, they granted substantial sums to UB Block LLC in downtown Huntington, Indiana, specifically for the purpose of revitalizing a building complex. This rehabilitation project aims to foster economic growth in the community.
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Impact
October, 2024
Huntington Neighborhood Development Corporation significantly impacts the local economy and community by providing crucial financial support for redevelopment projects. In 2020, it allocated $80,399.00 and $67,629.21 to UB Block LLC, specifically targeting the rehabilitation of a building complex in downtown Huntington, Indiana. This investment aims to enhance commercial development and create market-rate housing options, directly contributing to the area's economic vitality.
By facilitating such projects, the organization not only aids in revitalizing the urban landscape but also fosters an environment that attracts businesses and residents, ultimately stimulating job creation and enhancing the quality of life in the community. Through its focused efforts, the Huntington Neighborhood Development Corporation plays a critical role in transforming the economic fabric of Huntington.
This information is meant to be a general summary of Huntington Neighborhood Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Principal Officer
Charles Chapman
Main Address
300 CHERRY ST ATTN Clerk-Treasurer, HUNTINGTON, IN, 467502677
NTEE Category
Code: L50 - Housing
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