Overview
What is Southwest Nebraska Community Betterment Corporation?
The Southwest Nebraska Community Betterment Corporation is a nonprofit organization situated in Grant, Nebraska. Their primary mission is to provide affordable housing solutions for lower- to moderate-income families and individuals. They accomplish this by offering downpayment assistance and rehabilitating dwellings. Additionally, they strive to create funding opportunities, contributing to improvements in housing and fostering community and economic development. With a small workforce of three dedicated individuals, they aim to make a significant impact within their community.
Official website here: www.southwestne.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
The Southwest Nebraska Community Betterment Corporation has achieved an impressive Four-Star rating, reflecting its strong commitment to accountability and finance. The organization's score of 92% is derived entirely from its Accountability & Finance metrics, indicating a robust operational structure. The majority of the board members are independent, with 100% compliance, which supports transparency and governance integrity.
Significant strengths include a perfect score in financial audits and a low liabilities to assets ratio of just 0.52%, showcasing sound financial health. Additionally, the charity has established comprehensive policies around conflict of interest and whistleblowing, further ensuring ethical practices. With 93.55% of expenses directed towards programs, the organization demonstrates effective utilization of its resources for community impact.
While the rating highlights numerous strengths, the score is solely focused on financial accountability without a broader evaluation of program effectiveness or impact metrics. This focus may limit a comprehensive understanding of the charity's overall performance in delivering its mission and serving the community. Overall, the Southwest Nebraska Community Betterment Corporation exhibits strong financial practices and governance, making it a reliable nonprofit in the eyes of donors.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Nebraska Community Betterment Corporation legitimate?
Southwest Nebraska Community Betterment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Nebraska Community Betterment 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $79,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,464
For more financial information, click here
Official website here: www.southwestne.com
What is the mission statement of Southwest Nebraska Community Betterment Corporation?
The Southwest Nebraska Community Betterment Corporation's mission is centered around creating funding opportunities. Specifically, their goal is to enhance housing and stimulate community and economic development. By doing so, they aim to provide a boost for lower- to moderate-income families and individuals. This is achieved through the provision of downpayment assistance and the rehabilitation of dwellings, thereby making affordable housing a reality.
Official website here: www.southwestne.com
Who is the CEO of Southwest Nebraska Community Betterment Corporation?
Amy Thelander is the Director of Southwest Nebraska Community Betterment Corporation.
Official website here: www.southwestne.com
What is the revenue of Southwest Nebraska Community Betterment Corporation?
Southwest Nebraska Community Betterment Corporation's revenue in 2022 was $565,364.
Official website here: www.southwestne.com
Who are the executives of Southwest Nebraska Community Betterment Corporation and what are their salaries?
The average compensation at Southwest Nebraska Community Betterment Corporation during 2022 was $31,299. There are 3 employees at Southwest Nebraska Community Betterment Corporation.
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Official website here: www.southwestne.com
Where can I find the form 990 for Southwest Nebraska Community Betterment Corporation?
Southwest Nebraska Community Betterment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southwestne.com
Learn more at the official website: www.southwestne.com
Mission Statement of Southwest Nebraska Community Betterment Corporation
Southwest Nebraska Community Betterment Corporation, as its name suggests, is committed to creating funding opportunities that foster improvements in housing and stimulate community and economic development. The organization's mission is centered around opening doors for lower- to moderate-income families and individuals by offering affordable housing solutions. To achieve this, they provide downpayment assistance and invest in the rehabilitation of dwellings. By doing so, the corporation aims to make homeownership more attainable for a wide range of people, thereby contributing to the overall well-being and growth of the community.
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Impact
July, 2024
Southwest Nebraska Community Betterment Corporation's impact is significant in providing affordable housing and economic opportunities for lower- to moderate-income families and individuals in Grant, Nebraska. By creating funding opportunities to improve housing, this organization plays a crucial role in enhancing the quality of life for residents and driving community and economic development. Through initiatives such as providing downpayment assistance and rehabilitating dwellings, Southwest Nebraska Community Betterment Corporation opens doors for individuals and families to secure stable housing and build a stronger foundation for their future. This impact extends beyond housing stability, contributing to the overall well-being and vitality of the community.
This information is meant to be a general summary of Southwest Nebraska Community Betterment 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.
- Investment Income: $547
- Program Service Revenue: $44,475
- Gross Receipts: $565,364
Assets and Liabilities:
- Total Assets: $1,697,662
- Total Liabilities: $8,940
- Net Assets: $1,688,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL HOUSING
Revenue
$44,475
Organization Details
Founding Year
1999
Phone
(308) 352-4338Principal Officer
Amy Thelander
Main Address
PO BOX 720, GRANT, NE, 69140
Website
www.southwestne.comNTEE Category
Code: P40 - Human services
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