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Nothing Into Something Real Esate Inc Nisre Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562599608 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Nothing Into Something Real Esate Inc Nisre Inc?

Nothing Into Something Real Esate Inc Nisre Inc is a faith-based, nonprofit Community Development Corporation, headquartered in Columbus, Ohio. The organization operates with a mission to provide affordable housing solutions and a variety of economic empowerment initiatives. Their primary focus is on alleviating poverty and revitalizing low and moderate income communities. The EXIT Program, one of their initiatives, offers housing and supportive services to formerly incarcerated homeless adult men and women. Jessies World, another program, specifically caters to women in reentry or recovery, offering gender-responsive housing and programming, with or without children. The organization's work is dedicated to improving the lives of those in need and strengthening their communities.


Official website here: www.nisreinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, Two-Star out of Four Star rating

Nothing Into Something Real Estate Inc has received a two-star rating from Charity Navigator, indicating room for improvement, particularly in its financial transparency. While the organization demonstrates strong accountability with a majority of independent board members and adheres to several governance policies, it lacks publicly available financial statements, which significantly impacts its overall financial score.

The nonprofit excels in its program expense ratio, utilizing a substantial portion of its resources for programmatic purposes, reflecting a commitment to its mission. It has implemented effective governance practices, including a conflict of interest policy and whistleblower protections, ensuring ethical oversight. However, the absence of detailed financial reporting raises concerns about its fiscal health and accountability to donors and stakeholders.

Overall, while Nothing Into Something Real Estate Inc shows potential through its governance and service dedication, the lack of transparency in financial matters is a notable limitation that potential supporters should consider. Improving financial disclosure could enhance trust and credibility with the public.


This AI summary has been generated from information found on Charity Navigator.

Is Nothing Into Something Real Esate Inc Nisre Inc legitimate?

Nothing Into Something Real Esate Inc Nisre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nothing Into Something Real Esate Inc Nisre 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: $115,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $713,796

For more financial information, click here


Official website here: www.nisreinc.org

What is the mission statement of Nothing Into Something Real Esate Inc Nisre Inc?

Nothing Into Something Real Esate Inc Nisre Inc, as a faith-based nonprofit Community Development Corporation, is committed to providing affordable housing solutions and a variety of economic empowerment initiatives. The organization's mission is to alleviate poverty and revitalize neighborhoods in low and moderate income communities. One of their programs, the EXIT Program, offers housing and supportive services for previously incarcerated homeless adults. Another initiative, Jessies World, provides housing and gender-responsive programming for women in reentry or recovery, catering to those with and without children. Overall, the mission of Nothing Into Something Real Esate Inc Nisre Inc is geared towards uplifting communities and individuals by addressing their housing needs and promoting economic growth.


Official website here: www.nisreinc.org

What is the revenue of Nothing Into Something Real Esate Inc Nisre Inc?

Nothing Into Something Real Esate Inc Nisre Inc's revenue in 2024 was $2,318,957.


Official website here: www.nisreinc.org

Who are the executives of Nothing Into Something Real Esate Inc Nisre Inc and what are their salaries?

The average compensation at Nothing Into Something Real Esate Inc Nisre Inc during 2024 was $23,702. There are 35 employees at Nothing Into Something Real Esate Inc Nisre Inc.

Here are 5 key members and their salaries:


Michele Reynolds (Executive Director)
  • Compensation: $95,768
  • Related: $20,000
  • Other: $0
Jeannie Mok (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Miles (Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Shon Bunkley-Burch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nisreinc.org

Where can I find the form 990 for Nothing Into Something Real Esate Inc Nisre Inc?

Nothing Into Something Real Esate Inc Nisre Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.nisreinc.org

Learn more at the official website: www.nisreinc.org

Mission Statement of Nothing Into Something Real Esate Inc Nisre Inc

Nothing Into Something Real Esate Inc NISRE is a faith-based, nonprofit Community Development Corporation. Its mission is centered around providing affordable housing solutions and a range of economic empowerment initiatives. This organization, NISRE, aims to alleviate poverty and revitalize neighborhoods in low and moderate-income communities. In line with this mission, NISRE has developed programs such as the EXIT Program and Jessies World. The EXIT Program offers housing and supportive services for formerly incarcerated homeless adults, both men and women. Jessies World, on the other hand, provides housing and gender-responsive programming for women in reentry or recovery, accommodating those with and without children. By offering these programs, NISRE Inc. aims to make a tangible impact in the lives of those in need, contributing to the revitalization of their communities.

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Impact




July, 2024

Nothing Into Something Real Estate Inc (NISRE Inc) has made a significant impact in Columbus, OH by providing affordable housing solutions and economic empowerment initiatives. Their programs, such as the EXIT Program and Jessies World, specifically cater to formerly incarcerated homeless individuals and women in reentry or recovery. By offering housing and supportive services, NISRE Inc plays a vital role in addressing homelessness, empowering individuals to rebuild their lives, and revitalizing low and moderate-income communities. Their faith-based approach adds depth and compassion to their mission, making a tangible difference in the lives of those they serve.




This information is meant to be a general summary of Nothing Into Something Real Esate Inc Nisre 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.

Revenue
$2,318,957 (2024)
Expenses
$2,317,121 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $48,277
  • Gross Receipts: $2,318,957

Assets and Liabilities:

  • Total Assets: $1,577,846
  • Total Liabilities: $1,011,483
  • Net Assets: $566,363

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STEPOVER RENTAL

Revenue

$48,277

Organization Details

Founding Year

2006

Principal Officer

Michele Reynolds

NTEE Category

Code: I31 - Crime

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