Overview
What is Northwest Neighborhood Environmental Organization Inc?
Northwest Neighborhood Environmental Organization Inc, also known as NNEO, is a nonprofit organization situated in Roanoke, Virginia. With a single employee, their primary mission is to provide affordable housing options, offering both rent and homeownership opportunities for individuals with lower income levels. Their main objective is to ensure the provision of safe and decent homes, making housing accessible for a broader community. NNEO's work is focused on enhancing the living conditions of those in need, contributing to the overall well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Northwest Neighborhood Environmental Organization Inc has achieved a commendable Four-Star rating by Charity Navigator, reflecting strong accountability and financial health. The organization scored exceptionally well, with a 94% rating, indicating effective management of its resources and transparency in operations. Notably, the organization has a fully independent board, with 100% of its members being independent, which is a positive indicator of governance practices.
Strengths highlighted in the assessment include a solid program expense ratio of 86.23%, showing that a significant portion of its funding is directed toward its programs rather than administrative costs. In addition, the organization adheres to robust policies, including conflict of interest and whistleblower protections, contributing to a transparent and ethical operational environment. The low liabilities to assets ratio of 25.77% further underscores its financial stability.
While the organization shows strong performance in several areas, the rating does not indicate specific areas for improvement. Overall, Northwest Neighborhood Environmental Organization Inc appears to be a well-managed nonprofit that effectively utilizes its resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Neighborhood Environmental Organization Inc legitimate?
Northwest Neighborhood Environmental Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Neighborhood Environmental Organization 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,066
For more financial information, click here
What is the mission statement of Northwest Neighborhood Environmental Organization Inc?
The Northwest Neighborhood Environmental Organization Inc is committed to providing a solution for housing needs, particularly for individuals with limited income. Their primary mission is to offer safe and decent homes, either for rent or for ownership. The organization's mission is to make these affordable housing options accessible, thereby contributing to a more stable living situation for those in need. The goal is to ensure that everyone has the opportunity to secure a decent place to live, which is a fundamental human need. The organization's activities are focused on providing affordable housing options, thereby helping to alleviate the housing challenges faced by many individuals.
Who is the CEO of Northwest Neighborhood Environmental Organization Inc?
Joanne English is the Board Member of Northwest Neighborhood Environmental Organization Inc.
What is the revenue of Northwest Neighborhood Environmental Organization Inc?
Northwest Neighborhood Environmental Organization Inc's revenue in 2022 was $107,123.
Who are the executives of Northwest Neighborhood Environmental Organization Inc and what are their salaries?
The average compensation at Northwest Neighborhood Environmental Organization Inc during 2022 was $10,066. There is 1 employee at Northwest Neighborhood Environmental Organization Inc.
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Where can I find the form 990 for Northwest Neighborhood Environmental Organization Inc?
Northwest Neighborhood Environmental Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northwest Neighborhood Environmental Organization Inc
The Northwest Neighborhood Environmental Organization Inc is dedicated to providing a crucial service in the realm of housing. Their mission revolves around ensuring that affordable and decent living spaces are available for both rental and homeownership. This nonprofit organization is committed to catering to the needs of low-income individuals, offering them a sense of security and stability in their living arrangements. By providing affordable housing options, the Northwest Neighborhood Environmental Organization Inc contributes significantly to the well-being and quality of life of those in need.
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Impact
October, 2024
Northwest Neighborhood Environmental Organization Inc has a significant impact by offering safe, decent, and affordable housing options to low-income individuals in Roanoke, VA. By focusing on both rental properties and homeownership opportunities, the organization addresses critical housing needs, helping to improve the quality of life for residents who might otherwise struggle to find suitable living conditions. This commitment to community improvement not only aids individuals and families in achieving stability but also fosters a stronger, more resilient neighborhood overall. Access to affordable housing plays a crucial role in enhancing community well-being and promoting economic mobility for those it serves.
This information is meant to be a general summary of Northwest Neighborhood Environmental Organization 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: $4
- Program Service Revenue: $106,170
- Gross Receipts: $107,123
Assets and Liabilities:
- Total Assets: $512,957
- Total Liabilities: $145,448
- Net Assets: $367,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$106,170
Organization Details
Founding Year
1980
Phone
(540) 343-5674Principal Officer
Joanne English
Main Address
802 LOUDON AVENUE NW, ROANOKE, VA, 24016
NTEE Category
Code: S22Z - Community improvement
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