Overview
What is Nrg Housing Inc?
Nrg Housing Inc, situated in North Bethesda, Maryland, is a dedicated nonprofit organization. Their primary mission is to offer affordable housing opportunities to low-income individuals and their families. Based at 11810 Grand Park Avenue 600, they aim to make housing accessible to those who may not have the financial means to afford it otherwise. The organization's activities revolve around providing affordable living spaces, ensuring that everyone has a place to call home, regardless of their income level.
Is Nrg Housing Inc legitimate?
Nrg Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nrg Housing 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: $452,514
For more financial information, click here
What is the mission statement of Nrg Housing Inc?
Nrg Housing Inc is committed to providing affordable housing solutions for low-income individuals and their families. Their mission is centered around operating an affordable housing community, offering a living space that is within reach for those with limited financial resources. They strive to make a positive impact on the lives of these individuals, providing them with a stable and secure living environment. Their activities are primarily focused on providing affordable housing, ensuring that those in need have access to decent and affordable housing options.
Who is the CEO of Nrg Housing Inc?
Todd Travis is the Director of Nrg Housing Inc.
What is the revenue of Nrg Housing Inc?
Nrg Housing Inc's revenue in 2021 was $8,326,428.
Who are the executives of Nrg Housing Inc and what are their salaries?
There 2 volunteers at Nrg Housing Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nrg Housing Inc?
Nrg Housing Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Nrg Housing Inc
Nrg Housing Inc, as a nonprofit organization, is committed to providing affordable housing for low-income individuals and their families. Their mission is centered around operating an affordable housing community that caters to individuals who fall under this income bracket. The organization's primary objective is to ensure that everyone has access to a secure and comfortable living space, irrespective of their financial situation. By providing affordable housing, Nrg Housing Inc aims to contribute positively to the overall well-being and stability of these individuals and families, enabling them to focus on other aspects of their lives with peace of mind.
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Impact
October, 2024
Nrg Housing Inc plays a crucial role in addressing the housing needs of low-income individuals and families in North Bethesda, MD. By providing affordable housing solutions, the organization helps to alleviate the financial burdens that many residents face, thereby enhancing their quality of life. The operation of an affordable housing community fosters a supportive environment where individuals can thrive, encouraging stability and economic growth within the local community. Nrg Housing Inc's commitment to affordable housing significantly contributes to improving social equity, ensuring that access to safe and stable living conditions is available for those who might otherwise struggle to find it.
This information is meant to be a general summary of Nrg Housing 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 2021.
- Investment Income: $132,397
- Program Service Revenue: $3,083,499
- Gross Receipts: $8,326,428
Assets and Liabilities:
- Total Assets: $48,659,010
- Total Liabilities: $35,261,891
- Net Assets: $13,397,119
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$1,627,028
RENTAL INCOME
Revenue
$1,456,471
Organization Details
Founding Year
1995
Phone
(301) 998-0400Principal Officer
Todd Travis
Main Address
11810 GRAND PARK AVENUE 600, NORTH BETHESDA, MD, 20852
NTEE Category
Code: L200 - Housing
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