Overview
What is Notre Dame Housing Inc?
Notre Dame Housing Inc, located in Omaha, Nebraska, is a dedicated nonprofit organization that focuses on acquiring, constructing, and maintaining affordable housing for the elderly and those of low income. The organization, with a small workforce of four individuals, fulfills its mission through three related entities: Notre Dame Apartments, LLC, Notre Dame Living Center, Inc., and Notre Dame Living Center II, Inc. Notre Dame Housing also acts as the general partner for Notre Dame Apartments Managing Members, Inc., providing supportive services that promote independence and dignity. Their mission is to offer service-enriched, affordable housing, thereby upholding the dignity of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Notre Dame Housing Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 87%. This rating is primarily based on the organization's accountability and finance practices, which are crucial for donor trust and transparency. The high score indicates that the charity maintains strong financial health and governance structures.
Key strengths of Notre Dame Housing Inc include a completely independent board of directors, with all ten members meeting the criteria for independence. The organization also demonstrates strong policies in place, such as conflict of interest, whistleblower protection, and document retention, all of which contribute positively to its accountability measures. The absence of material diversions of assets further underscores its financial integrity.
However, there are some areas where the organization could improve, particularly in its program expense ratio, which stands at 64.50%. While this is a respectable figure, it indicates there is room for growth in the proportion of funds allocated directly to programs versus administrative expenses. Overall, Notre Dame Housing Inc exhibits strong accountability while also having opportunities to enhance its operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Notre Dame Housing Inc legitimate?
Notre Dame Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Notre Dame Housing 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
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Other Salaries and Wages: $52,169
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What is the mission statement of Notre Dame Housing Inc?
Notre Dame Housing Inc, an organization dedicated to serving the elderly and low-income individuals, aims to provide them with affordable housing while fostering independence and dignity. They accomplish this mission by acquiring, constructing, owning, preserving, maintaining, and managing housing units. In addition, Notre Dame Housing Inc offers supportive services to three related housing entities, ensuring that the residents receive the necessary care and assistance. The overall goal is to enhance the living conditions and quality of life for individuals who may not otherwise be able to afford adequate market rate housing.
Who is the CEO of Notre Dame Housing Inc?
Scott Bear is the President of Notre Dame Housing Inc.
What is the revenue of Notre Dame Housing Inc?
Notre Dame Housing Inc's revenue in 2022 was $780,644.
Who are the executives of Notre Dame Housing Inc and what are their salaries?
The average compensation at Notre Dame Housing Inc during 2022 was $13,042. There are 4 employees and 12 volunteers at Notre Dame Housing Inc.
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Where can I find the form 990 for Notre Dame Housing Inc?
Notre Dame Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Notre Dame Housing Inc
Notre Dame Housing Inc, a nonprofit organization, was established with a mission to acquire, construct, maintain, and provide housing for the elderly and individuals of low income, as well as those who cannot afford adequate market rate housing. This mission is carried out through the organization's support of three related housing entities: Notre Dame Apartments, LLC, Notre Dame Living Center, Inc., and Notre Dame Living Center II, Inc. Notre Dame Housing Inc also serves as the general partner of Notre Dame Apartments Managing Members, Inc.
In line with its mission, Notre Dame Housing Inc provides service-enriched, affordable housing, fostering independence and dignity for its residents. The organization's goal is to ensure that all individuals, regardless of their economic status, have access to safe and adequate housing solutions. By doing so, Notre Dame Housing Inc plays a crucial role in enhancing the quality of life for its residents, promoting self-sufficiency, and upholding their dignity. The organization's work is centered around the belief that everyone deserves a secure and comfortable living environment, regardless of their financial circumstances.
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Impact
July, 2024
Notre Dame Housing Inc's impact can be seen in its provision of service-enriched, affordable housing for the elderly, particularly for those of low income and those unable to afford adequate market rate housing. By acquiring, constructing, owning, preserving, and maintaining housing units through its related entities, Notre Dame Housing Inc plays a vital role in fostering independence and dignity for its residents in Omaha, NE. Its mission to provide supportive services and cater to the housing needs of vulnerable populations underscores its significant impact on the community.
This information is meant to be a general summary of Notre Dame Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,949
- Gross Receipts: $783,152
Assets and Liabilities:
- Total Assets: $845,514
- Total Liabilities: $0
- Net Assets: $845,514
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Organization Details
Founding Year
1996
Phone
(402) 455-2994Principal Officer
Scott Bear
Main Address
3501 STATE STREET, OMAHA, NE, 681121799
NTEE Category
Code: L22 - Housing
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