Holy Name Housing Corporation

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

EIN: 470653390 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

Overview

What is Holy Name Housing Corporation?

Holy Name Housing Corporation (HNHC) is a multifaceted community development organization headquartered in Omaha, Nebraska. Acting as an owner, general partner, construction contractor, developer, manager, and supportive services provider, HNHC is a one-stop-shop for transforming vacant lots and substandard properties into affordable and sustainable housing. HNHC's primary objective is to revitalize Omaha and its neighboring communities. Their unique rent-to-own program equips low to moderate-income families with an affordable living space, an escrow account, and essential supportive services. These services encompass individualized case management and educational resources on budgeting, credit, mortgage lending, and maintenance. HNHC's mission is to empower families and contribute to the overall improvement of their neighborhoods.


Official website here: www.holynamehousing.org

Is Holy Name Housing Corporation legitimate?

Holy Name Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Name Housing 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.

Here are some key statistics you may want to consider:

Executive Compensation: $236,407
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,474

For more financial information, click here


Official website here: www.holynamehousing.org

What is the mission statement of Holy Name Housing Corporation?

The Holy Name Housing Corporation (HNHC) is a community development organization dedicated to revitalizing neighborhoods by constructing new homes and renovating substandard properties. As a unique "one stop shop," HNHC assumes various roles including owner, general partner, construction contractor, developer, manager, and supportive services provider for its housing developments. HNHC's primary goal is to make housing affordable and sustainable for low to moderate income families, providing them with an opportunity to purchase homes through a rent-to-own program. This program offers tenants an affordable place to live and an escrow account as part of their rent, along with supportive services. These services include individualized case management and education on essential skills such as budgeting, credit, mortgage lending, and maintenance.


Official website here: www.holynamehousing.org

Who is the CEO of Holy Name Housing Corporation?

Same As C Above is the Principal Officer of Holy Name Housing Corporation.


Official website here: www.holynamehousing.org

What is the revenue of Holy Name Housing Corporation?

Holy Name Housing Corporation's revenue in 2022 was $11,884,709.


Official website here: www.holynamehousing.org

Who are the executives of Holy Name Housing Corporation and what are their salaries?

The average compensation at Holy Name Housing Corporation during 2022 was $35,522. There are 17 employees at Holy Name Housing Corporation.

Here are 16 key members and their salaries:

    Joseph Vaughan (Construction Manager)
  • Compensation: $123,571
  • Related: $0
  • Other: $0

    • Mike Gawley (Executive Director)
  • Compensation: $112,836
  • Related: $0
  • Other: $0

    • Clint Cadwallader (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rondae Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wes Hutcherson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Johns (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Dave Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jordan Raynor (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Boler (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Worthington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caitlin Cedfeldt (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Beverly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.holynamehousing.org

    Where can I find the form 990 for Holy Name Housing Corporation?

    The Holy Name Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.holynamehousing.org

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

    Mission Statement of Holy Name Housing Corporation

    Holy Name Housing Corporation (HNHC) is a unique community development organization dedicated to revitalizing neighborhoods in Omaha and beyond. As a one-stop shop, HNHC assumes various roles - owner/general partner, construction contractor, developer, manager, and supportive services provider - for its housing developments. HNHC's primary objective is to construct new homes on vacant lots and renovate substandard properties, making them affordable and sustainable living options for low to moderate income families.

    The cornerstone of HNHC's mission is its Rent to Own program, which goes beyond just providing an affordable place to live for eligible families. The program offers tenants an escrow account as part of their monthly rent, serving as a savings account for future homeownership. In addition to this financial support, HNHC provides supportive services designed to help tenants prepare for homeownership. These services include individualized case management and educational workshops on essential topics such as budgeting, credit management, mortgage lending, and home maintenance. Through these initiatives, HNHC empowers its tenants to secure a stable and sustainable future.

    Impact

    This information is meant to be a general summary of Holy Name Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Holy Name Housing Corporation's impact is significant in revitalizing Omaha and surrounding community neighborhoods through constructing new homes on vacant lots and renovating substandard properties. By offering a rent-to-own program with supportive services, they help low to moderate-income families purchase affordable and sustainable housing. Their unique approach as a "one-stop shop" - serving as owner, developer, construction contractor, manager, and provider of supportive services - showcases their commitment to improving housing accessibility and stability for individuals and families in need. Through individualized case management and education on budgeting, credit, mortgage lending, and maintenance, Holy Name Housing Corporation empowers tenants to secure affordable housing and build a better future for themselves and their communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $160,746
  • Program Service Revenue: $9,681,810
  • Gross Receipts: $12,019,582

    • Assets and Liabilities:
  • Total Assets: $22,109,474
  • Total Liabilities: $10,337,655
  • Net Assets: $11,771,819
  • Programs

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

    CONSTRUCTION OF RENTAL PROPERTY

    Revenue

    $9,745,488

    Organization Details

    Founding Year

    1982

    Principal Officer

    Same As C Above

    Main Address

    4324 FORT STREET, OMAHA, NE, 68111

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Holy Name Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.