Overview
What is Beyond Housingnhs Community Lending Corporation?
Beyond Housingnhs Community Lending Corporation is a nonprofit organization situated in St. Louis, Missouri, specifically at 6506 Wright Way. Their primary mission is to promote community development by offering lending services to individuals with low income. They provide various financial solutions, such as mortgage financing for first-time homebuyers, loans for home renovations and repairs for existing homeowners, and counseling services to help manage finances. By extending these opportunities, the organization aims to contribute positively to the community and support those in need.
Official website here: www.beyondhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating.
Beyond Housingnhs Community Lending Corporation has received a Two-Star rating from Charity Navigator, which signifies some concerns about its overall accountability and financial health. While the organization has a strong showing in areas like board independence, with 100% of its members being independent, there are significant challenges reflected in its financial metrics, particularly a very high liabilities-to-assets ratio of 98.22%. This suggests potential vulnerability in financial stability.
The nonprofit excels in governance with no reported material diversion of assets and good documentation practices, such as having board meeting minutes available. However, it falls short in some areas, particularly the absence of a whistleblower policy and issues related to document retention and destruction, which are critical for maintaining transparency and ethical standards.
Despite achieving a perfect score in program expenses, indicating that all its expenditures are directed towards its mission, the financial concerns highlighted by the liabilities ratio may pose risks moving forward. Stakeholders may want to monitor these aspects closely to ensure its long-term sustainability and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Beyond Housingnhs Community Lending Corporation legitimate?
Beyond Housingnhs Community Lending Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beyond Housingnhs Community Lending 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.beyondhousing.org
What is the mission statement of Beyond Housingnhs Community Lending Corporation?
Beyond Housingnhs Community Lending Corporation's mission is centered around promoting community development. They achieve this by offering lending services specifically to individuals with low income. This includes providing mortgage financing for first-time homebuyers, offering loans for homeowners seeking renovations and repairs, and offering financial counseling services to those in need. The corporation's goal is to contribute to the betterment of communities by making homeownership and home improvements more accessible to those who might otherwise struggle with such expenses.
Official website here: www.beyondhousing.org
Who is the CEO of Beyond Housingnhs Community Lending Corporation?
Christopher Krehmeyer is the President of Beyond Housingnhs Community Lending Corporation.
Official website here: www.beyondhousing.org
What is the revenue of Beyond Housingnhs Community Lending Corporation?
Beyond Housingnhs Community Lending Corporation's revenue in 2022 was $62,020.
Official website here: www.beyondhousing.org
Who are the executives of Beyond Housingnhs Community Lending Corporation and what are their salaries?
There 3 volunteers at Beyond Housingnhs Community Lending Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $274,160
- Other: $34,870
- Compensation: $0
- Related: $179,617
- Other: $22,181
- Compensation: $0
- Related: $147,889
- Other: $8,454
Official website here: www.beyondhousing.org
Where can I find the form 990 for Beyond Housingnhs Community Lending Corporation?
Beyond Housingnhs Community Lending Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beyondhousing.org
Learn more at the official website: www.beyondhousing.org
Mission Statement of Beyond Housingnhs Community Lending Corporation
Beyond Housingnhs Community Lending Corporation is committed to fostering community development by offering lending services to individuals of low income. This mission is carried out through various financial aid initiatives. The organization provides mortgage financing for first-time homebuyers, ensuring that they can secure a place to call their own. Additionally, Beyond Housingnhs Community Lending Corporation offers loans to existing homeowners for home renovations and repairs, helping them maintain and improve their living spaces. Furthermore, the corporation offers financial counseling services to low-income individuals, providing them with the necessary tools to manage their finances effectively. By offering these services, Beyond Housingnhs Community Lending Corporation plays a vital role in promoting community development and improving the living conditions of individuals in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Beyond Housingnhs Community Lending Corporation has significantly impacted the community by providing lending services to low-income individuals in St. Louis, MO. Their activities include offering mortgage financing for first-time homebuyers, loans for renovations and repairs to existing homeowners, as well as financial counseling services to those in need. Through these initiatives, Beyond Housingnhs Community Lending Corporation has empowered individuals to achieve homeownership, improve their living conditions, and enhance their financial well-being. Their commitment to promoting community development demonstrates a strong dedication to creating a positive impact on the lives of low-income individuals in the area.
This information is meant to be a general summary of Beyond Housingnhs Community Lending 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: $62,020
- Gross Receipts: $62,020
Assets and Liabilities:
- Total Assets: $1,478,633
- Total Liabilities: $1,452,339
- Net Assets: $26,294
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Phone
(314) 533-0600Principal Officer
Christopher Krehmeyer
Main Address
6506 WRIGHT WAY, ST LOUIS, MO, 63121
Website
www.beyondhousing.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Beyond Housingnhs Community Lending 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.