Overview
What is Northeast Housing Initiative Inc?
Northeast Housing Initiative Inc is a nonprofit organization committed to strengthening communities by focusing on housing. Through a program funded by the Nebraska Department of Economic Development (NDED), they utilize HUD home funds to renovate and sell homes. Their mission is to aid households earning less than 80% of the local median income, thereby contributing to the overall improvement of neighborhoods. Their work aims to enhance community resilience and living standards by providing affordable housing solutions.
Official website here: www.northeasthousing.org
Is Northeast Housing Initiative Inc legitimate?
Northeast Housing Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Northeast Housing Initiative 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:
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Official website here: www.northeasthousing.org
What is the mission statement of Northeast Housing Initiative Inc?
The Northeast Housing Initiative Inc., in its mission, focuses on strengthening communities by facilitating the purchase, renovation, and sale of homes. They utilize funding from the Nebraska Department of Economic Development (NDed)'s HUD homes to support households with income levels that do not exceed 80% of the local median income. The organization's primary goal is to contribute to the community's development through housing initiatives.
Official website here: www.northeasthousing.org
What is the revenue of Northeast Housing Initiative Inc?
Northeast Housing Initiative Inc's revenue in 2024 was $58,040.
Official website here: www.northeasthousing.org
Who are the executives of Northeast Housing Initiative Inc and what are their salaries?
There 5 volunteers at Northeast Housing Initiative Inc.
Here are 7 key members and their salaries:
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- Other: $58,923
Official website here: www.northeasthousing.org
Where can I find the form 990 for Northeast Housing Initiative Inc?
Northeast Housing Initiative Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.northeasthousing.org
Learn more at the official website: www.northeasthousing.org
Mission Statement of Northeast Housing Initiative Inc
Northeast Housing Initiative, a nonprofit organization, is dedicated to constructing robust communities by focusing on housing. Their mission is to administer a purchase, rehabilitation, and resale program, utilizing funds provided by the Nebraska Department of Economic Development (NDED). These funds are specifically allocated for the assistance of households whose income does not surpass 80% of the area median income. By implementing this program, Northeast Housing Initiative aims to strengthen communities by providing affordable housing options.
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Impact
October, 2024
Northeast Housing Initiative Inc has a significant impact on community development and housing stability in Allen, Nebraska. By administering the purchase, rehabilitation, and sale of homes, the initiative actively works to strengthen neighborhoods and promote affordable housing options. Utilizing HUD home funds provided by the Nebraska Department of Economic Development, this program focuses on assisting households with incomes at or below 80% of the area median income, making homeownership more accessible.
Through its efforts, Northeast Housing Initiative not only helps families secure safe and stable housing but also revitalizes communities by improving the quality of residential properties. This fosters a sense of belonging and enhances the overall living environment. Additionally, by investing in housing, the initiative contributes to economic growth and stability in the region, creating a ripple effect that benefits the broader community. Ultimately, the organization plays a critical role in ensuring that all residents have access to affordable housing and the opportunity to thrive.
This information is meant to be a general summary of Northeast Housing Initiative 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 2024.
- Investment Income: $4,422
- Program Service Revenue: $53,328
- Gross Receipts: $58,040
Assets and Liabilities:
- Total Assets: $1,255,239
- Total Liabilities: $385,612
- Net Assets: $869,627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT AND RENT ASSISTAN
Revenue
$49,908
PINE ESTATE INCOME
Revenue
$3,420
Organization Details
Founding Year
2000
Principal Officer
Megan Weaver
Website
www.northeasthousing.orgNTEE Category
Code: Z99 - Unknown
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