Overview
What is Nebraska Housing Resource?
Nebraska Housing Resource is a nonprofit organization situated in Lincoln, Nebraska. Their primary mission is to aid homebuilders in better serving low to moderate income first-time homebuyers. They achieve this by developing affordable homesites and creating financing packages. The organization's approach involves utilizing all available resources, both public and private, in a creative manner to enable builders to cater to this demographic. With a workforce of just two individuals, Nebraska Housing Resource plays a crucial role in making homeownership a viable option for those who might otherwise struggle to afford it.
Official website here: www.nhr.info
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
Nebraska Housing Resource has received an overall score of 83%, reflecting a solid performance in Accountability & Finance, which constitutes the sole basis for their rating. The organization has demonstrated strong governance with a fully independent board, good oversight mechanisms for financial statements, and no reported material diversion of assets, indicating a commitment to ethical practices.
Despite these strengths, the organization has areas that require improvement. Both the Whistleblower Policy and Document Retention and Destruction policies are missing, which could be a concern regarding transparency and risk management. Additionally, the Tax Form is not posted on the nonprofit's website, which may limit accessibility for interested stakeholders.
The program expense ratio of 76.87% suggests that the majority of funds are directed towards the organization's mission rather than administrative costs, which is a positive indicator of effective resource allocation. Overall, while Nebraska Housing Resource shows a commendable commitment to accountability, addressing the identified policy gaps would enhance its credibility further.
This AI summary has been generated from information found on Charity Navigator.
Is Nebraska Housing Resource legitimate?
Nebraska Housing Resource is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Housing Resource 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.nhr.info
What is the mission statement of Nebraska Housing Resource?
Nebraska Housing Resource's mission is to aid builders in serving first-time homebuyers more effectively. They achieve this by creatively utilizing all available resources, both public and private. The organization's primary goal is to assist homebuilders in developing affordable homesites and crafting financing packages for low to moderate income first-time homebuyers. Essentially, Nebraska Housing Resource aims to make homeownership more accessible for this demographic.
Official website here: www.nhr.info
Who is the CEO of Nebraska Housing Resource?
Julia Gale is the Fmr. Exec. D of Nebraska Housing Resource.
Official website here: www.nhr.info
What is the revenue of Nebraska Housing Resource?
Nebraska Housing Resource's revenue in 2022 was $78,392.
Official website here: www.nhr.info
Who are the executives of Nebraska Housing Resource and what are their salaries?
There are 2 employees and 6 volunteers at Nebraska Housing Resource.
Here are 8 key members and their salaries:
- Compensation: $72,000
- Related: $0
- Other: $17,122
- Compensation: $70,500
- Related: $0
- Other: $15,983
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nhr.info
Where can I find the form 990 for Nebraska Housing Resource?
Nebraska Housing Resource's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhr.info
Learn more at the official website: www.nhr.info
Mission Statement of Nebraska Housing Resource
Nebraska Housing Resource, a nonprofit organization, is dedicated to aiding builders in serving first-time homebuyers more effectively. They achieve this goal by creatively utilizing all available public and private resources at their disposal. The primary mission of Nebraska Housing Resource is to assist homebuilders in providing affordable housing solutions for low to moderate income first-time homebuyers. This is accomplished through the development of affordable homesites and the creation of financing packages to make homeownership more accessible for this demographic. By playing a crucial role in this process, Nebraska Housing Resource contributes to the growth of a stable and thriving community, ensuring that homeownership remains within reach for those who need it most.
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Impact
August, 2024
Nebraska Housing Resource's impact can be seen in its efforts to enable builders to cater to first-time homebuyers, especially those with low to moderate incomes. By creatively leveraging all available resources, both public and private, the organization assists homebuilders in developing affordable homesites and financing packages. This initiative ultimately aims to increase access to homeownership for individuals who may face financial challenges, thereby promoting economic stability and community growth.
This information is meant to be a general summary of Nebraska Housing Resource. 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: $10,376
- Program Service Revenue: $29,404
- Gross Receipts: $394,088
Assets and Liabilities:
- Total Assets: $4,620,464
- Total Liabilities: $3,025,537
- Net Assets: $1,594,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INVESTMENT
Revenue
$29,404
Organization Details
Founding Year
1998
Phone
(402) 904-7847Principal Officer
Julia Gale
Main Address
1248 O STREET SUITE 749, LINCOLN, NE, 68508
Website
www.nhr.infoNTEE Category
Code: A20 - Arts
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