Overview
What is North Carolina Housing Coalition Inc?
The North Carolina Housing Coalition Inc is a membership-driven organization headquartered in Durham, North Carolina. Their primary mission is to guarantee a dignified and opportunity-rich living environment for every North Carolinian by ensuring adequate housing. In recent years, they have received funding from the Department of Housing and Urban Development (HUD) and NeighborWorks America for comprehensive housing counseling programs and housing stability counseling services. These initiatives provide counseling and guidance to tenants, homeowners, homebuyers, and the homeless, in collaboration with HUD-approved housing counseling agencies. Moreover, through subrecipient agreements with the NC Office of Recovery and Resilience (NCORR), the Coalition offers financial assistance for down payments and closing costs for first-time and first-generation homebuyers in 16 hurricane-affected counties. Additionally, they coordinate housing counseling services for NCORR buyout program participants. With a workforce of 12 dedicated individuals, the North Carolina Housing Coalition Inc strives to ensure that every North Carolinian can enjoy safe and stable housing.
Official website here: www.nchousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The North Carolina Housing Coalition Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a focus exclusively on these metrics, the organization scored exceptionally well in various categories, showcasing a well-structured governance model and robust financial practices.
Key strengths include a fully independent board, which consists of 10 members, and a high program expense ratio of 87.29%. This indicates that a significant portion of their resources is directed towards fulfilling their mission rather than administrative costs. Moreover, the coalition has implemented comprehensive policies, including conflict of interest and whistleblower protections, further emphasizing their dedication to transparency and integrity.
However, while the current data highlights the coalition's strong financial standing and governance, there are no reported limitations in the provided information. Overall, the North Carolina Housing Coalition Inc stands out as a highly accountable and financially sound nonprofit dedicated to housing advocacy and support in North Carolina.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about North Carolina Housing Coalition Inc?
94% of 12 reviewers on Facebook recommend the North Carolina Housing Coalition Inc. Here is a summary of their reviews:
The feedback indicates a strong appreciation for the work being done by the organization. Many users express a need for housing assistance, highlighting personal struggles with finding stable living situations. For those reaching out, the Coalition appears to provide a legitimate source of support and resources.
Overall, the sentiment reflects a commendation for the organization's efforts in addressing housing issues within the community. Reviewers seem hopeful that the Coalition can help improve their situations and are appreciative of the compassion shown towards individuals experiencing housing challenges.
This AI summary has been generated from reviews found on Facebook.
Is North Carolina Housing Coalition Inc legitimate?
North Carolina Housing Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Housing Coalition 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: $84,979
Professional Fundraising Fees: $0
Other Salaries and Wages: $677,711
For more financial information, click here
Official website here: www.nchousing.org
What is the mission statement of North Carolina Housing Coalition Inc?
The North Carolina Housing Coalition Inc is a membership organization driving a movement to ensure that every North Carolinian has a home where they can live with dignity and opportunities. Their mission is centered around promoting access to decent housing for all, fostering a sense of pride and empowerment within the community.
In 2022 and 2021, the coalition was awarded funding from the Department of Housing and Urban Development (HUD) and NeighborWorks America for comprehensive housing counseling and housing stability programs. These initiatives provide counseling and advice to tenants, homeowners, homebuyers, and the homeless, contracting with HUD-approved housing counseling agencies to offer a wide variety of housing counseling services.
Furthermore, the coalition has agreements with the NC Office of Recovery and Resilience (NCORR) to provide down payment and closing cost assistance to first-time and first-generation homebuyers in 16 counties affected by hurricanes Matthew and Florence. Additionally, they coordinate housing counseling services for NCORR buyout program participants.
Official website here: www.nchousing.org
What is the revenue of North Carolina Housing Coalition Inc?
North Carolina Housing Coalition Inc's revenue in 2023 was $4,049,010.
Official website here: www.nchousing.org
Who are the executives of North Carolina Housing Coalition Inc and what are their salaries?
The average compensation at North Carolina Housing Coalition Inc during 2023 was $63,558. There are 12 employees at North Carolina Housing Coalition Inc.
Here are 11 key members and their salaries:
- Compensation: $84,979
- Related: $0
- Other: $24,378
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.nchousing.org
Where can I find the form 990 for North Carolina Housing Coalition Inc?
North Carolina Housing Coalition Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nchousing.org
Learn more at the official website: www.nchousing.org
Mission Statement of North Carolina Housing Coalition Inc
North Carolina Housing Coalition Inc is a membership organization leading a movement with the mission to ensure that every North Carolinian has a home where they can live with dignity and opportunity. This mission is a driving force behind their activities, aiming to provide a sense of security and better living conditions for the state's residents. The Coalition achieves this by offering various housing counseling services, such as advice and guidance to tenants, homeowners, homebuyers, and the homeless. They collaborate with HUD-approved housing counseling agencies to deliver a wide range of counseling services, empowering individuals to make informed decisions about their housing needs.
In addition to housing counseling, the Coalition also provides assistance through the Homeownership Assistance Program. This program, funded by the NC Office of Recovery and Resilience (NCORR), offers down payment and closing cost assistance to first-time and first-generation homebuyers in 16 counties impacted by Hurricanes Matthew and Florence. By providing this aid, the Coalition enables individuals to purchase their primary residence, offering them a stable foundation for their future. Furthermore, the Coalition coordinates housing counseling services for NCORR Buyout Program participants through another subrecipient agreement. This collaborative effort ensures that individuals affected by natural disasters receive the necessary support to navigate their housing situations.
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Impact
July, 2024
North Carolina Housing Coalition Inc is leading a movement to ensure that every North Carolinian has a home in which to live with dignity and opportunity. They provide comprehensive housing counseling programs funded by the Department of Housing and Urban Development (HUD) and NeighborWorks America. These programs offer counseling and advice to tenants, homeowners, and the homeless, aiming to support individuals in securing stable housing situations.
Additionally, through partnerships with the NC Office of Recovery and Resiliency, the Coalition operates the Homeownership Assistance Program, which provides down payment and closing cost assistance to first-time and first-generation homebuyers in counties most impacted by natural disasters like hurricanes Matthew and Florence. By coordinating housing counseling services for various programs, the Coalition plays a crucial role in supporting individuals and families in achieving housing stability and homeownership in North Carolina.
This information is meant to be a general summary of North Carolina Housing Coalition 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 2023.
- Investment Income: $324
- Program Service Revenue: $138,900
- Gross Receipts: $4,049,010
Assets and Liabilities:
- Total Assets: $1,586,019
- Total Liabilities: $493,102
- Net Assets: $1,092,917
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFRENCE REGISTRATION & SPON
Revenue
$122,225
MEMBERSHIP DUES
Revenue
$16,675
Organization Details
Founding Year
1988
Principal Officer
Samuel Gunter
Website
www.nchousing.orgNTEE Category
Code: L80 - Housing
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