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New Orleans Neighborhood Development Foundation

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

EIN: 581681468 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is New Orleans Neighborhood Development Foundation?

The New Orleans Neighborhood Development Foundation is a nonprofit organization situated in New Orleans, Louisiana, specifically at 1429 South Rampart Street. Their primary mission is to aid low- to moderate-income families in their journey towards homeownership, with an annual goal of assisting at least 100 such families. They accomplish this by offering training on home acquisition and maintenance processes, as well as assistance in securing financing and purchasing properties. Their services have benefited over 300 families, demonstrating their dedication to this cause. With a staff of 4 individuals, the New Orleans Neighborhood Development Foundation continues to contribute significantly to the community by empowering families with the opportunity to own their homes.


Official website here: www.ndf-neworleans.org

Is New Orleans Neighborhood Development Foundation legitimate?

New Orleans Neighborhood Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Orleans Neighborhood Development Foundation 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: $135,637
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,989

For more financial information, click here


Official website here: www.ndf-neworleans.org

What is the mission statement of New Orleans Neighborhood Development Foundation?

The New Orleans Neighborhood Development Foundation's mission is centered around assisting low to moderate income families. Their primary objective is to facilitate homeownership for these families, with a goal of placing at least 100 families in their own homes annually. This is achieved through a comprehensive approach that involves providing training, assistance in acquiring financing, and help in purchasing a home. Their services have benefited over 300 clients.


Official website here: www.ndf-neworleans.org

Who is the CEO of New Orleans Neighborhood Development Foundation?

Fred Johnson is the Ceo of New Orleans Neighborhood Development Foundation. The CEO's salary of New Orleans Neighborhood Development Foundation is $73,944 and their total compensation is $73,944.


Official website here: www.ndf-neworleans.org

What is the revenue of New Orleans Neighborhood Development Foundation?

New Orleans Neighborhood Development Foundation's revenue in 2022 was $433,329.


Official website here: www.ndf-neworleans.org

Who are the executives of New Orleans Neighborhood Development Foundation and what are their salaries?

The average compensation at New Orleans Neighborhood Development Foundation during 2022 was $55,156. There are 4 employees and 25 volunteers at New Orleans Neighborhood Development Foundation.


Here are 9 key members and their salaries (New Orleans Neighborhood Development Foundation's CEO's salary is $73,944 and their total compensation is $73,944):


Edward J Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Marshall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Washington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Johnson (Ceo)
  • Compensation: $73,944
  • Related: $0
  • Other: $0
Rosalind Washington (Executive Vp)
  • Compensation: $61,693
  • Related: $0
  • Other: $0
Nick Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Scott (Chairman/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent J Laliberte (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Satterlee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ndf-neworleans.org

Where can I find the form 990 for New Orleans Neighborhood Development Foundation?

New Orleans Neighborhood Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ndf-neworleans.org

Learn more at the official website: www.ndf-neworleans.org

Mission Statement of New Orleans Neighborhood Development Foundation

The New Orleans Neighborhood Development Foundation is committed to assisting low to moderate income families in their journey towards homeownership. With a clear objective, the organization aims to help at least 100 such families secure their own homes annually. To achieve this goal, they provide comprehensive support to their clients, starting with an interview and training process to familiarize them with the process of acquiring and maintaining a home. They also offer assistance in obtaining financing and purchasing a property, extending their services to over 300 clients. The foundation's mission is to empower these families, enabling them to become homeowners and improve their living conditions.

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Impact




October, 2024

The New Orleans Neighborhood Development Foundation significantly enhances the lives of low to moderate-income families by facilitating homeownership opportunities. By focusing on helping at least 100 families secure their own homes each year, the foundation addresses critical barriers to homeownership, such as access to financing and knowledge of the buying process.

Through comprehensive training and interviews, families gain valuable insights into acquiring and maintaining a home, empowering them with the tools and information necessary for successful homeownership. This approach not only increases the number of homeowners in New Orleans but also fosters financial stability and community growth.

With services provided to over 300 clients, the impact extends beyond individual families, contributing to the overall revitalization of neighborhoods and enhancing the quality of life within the community. The foundation's work is vital in creating lasting change, promoting self-sufficiency, and building a strong, engaged citizenry in New Orleans.




This information is meant to be a general summary of New Orleans Neighborhood Development Foundation. 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
$433,329 (2022)
Expenses
$406,639 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $407
  • Program Service Revenue: $48,950
  • Gross Receipts: $433,329

Assets and Liabilities:

  • Total Assets: $1,030,726
  • Total Liabilities: $176,696
  • Net Assets: $854,030

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Programs

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

PROGRAM INCOME

Revenue

$48,950

Organization Details

Founding Year

1986

Principal Officer

Fred Johnson

Main Address

1429 SOUTH RAMPART STREET, NEW ORLEANS, LA, 70125

NTEE Category

Code: L800 - Housing

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