Overview
What is St Petersburg Neighborhood Housing Services Inc?
St. Petersburg Neighborhood Housing Services Inc is a nonprofit organization, established in 1980, situated in St. Petersburg, Florida. Their mission involves providing affordable housing and ownership solutions for individuals and families. The organization acts as a community revitalization and housing development entity, fostering partnerships with residents, government, businesses, financial institutions, and key national partners to stimulate investment in blighted neighborhoods. They rely on research, market studies, focus groups, and community involvement to develop strategies, identify best practices, and promote neighborhood enhancement. The organization primarily serves low to moderate-income residents and offers education and advocacy programs to all residents in need. St. Petersburg Neighborhood Housing Services Inc is actively engaged in advocating for distressed homeowners to mitigate foreclosure actions. Their goals include expanding and enhancing homebuyer and homeowner assistance programs, increasing services to help residents maintain quality homeownership, and developing diverse revenue streams to secure their financial stability.
Official website here: www.nhsfl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
St Petersburg Neighborhood Housing Services Inc has earned an 88% score from Charity Navigator, reflecting a strong emphasis on accountability and finance. This rating is based entirely on the organization's financial practices, where it demonstrates a robust governance structure, including a fully independent board with no conflicts of interest. The organization excels in transparency, evidenced by its comprehensive policies and the availability of detailed financial statements.
Strengths of the nonprofit include its excellent scores in areas such as independent board composition and the presence of important governance policies, which all received full marks. Furthermore, the organization maintains a high program expense ratio of 83.30%, indicating that a significant majority of its resources are directed towards its mission-related activities. This focus on efficiency enhances the trust and confidence stakeholders can have in their operations.
However, there is a noted area of improvement regarding the liabilities to assets ratio, which stands at 60.94%. While this is not an alarming figure, it suggests that the organization could enhance its financial stability. Overall, the charity's strong accountability practices and effective resource allocation affirm its commitment to transparency and community service.
This AI summary has been generated from information found on Charity Navigator.
Is St Petersburg Neighborhood Housing Services Inc legitimate?
St Petersburg Neighborhood Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Petersburg Neighborhood Housing Services 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,602
For more financial information, click here
Official website here: www.nhsfl.org
What is the mission statement of St Petersburg Neighborhood Housing Services Inc?
St. Petersburg Neighborhood Housing Services Inc's mission is to improve the quality of life in targeted communities by providing affordable housing solutions, promoting homeownership, fostering safe living conditions, and stimulating renewed economic investment. As a non-profit community housing development organization, it was established in 1980 to revitalize blighted neighborhoods through partnerships with residents, government, businesses, lending institutions, and national partners. The organization uses research, market studies, focus groups, and community enhancement campaigns to develop strategies, identify best practices, and build community involvement. St. Petersburg Neighborhood Housing Services primarily serves low- to moderate-income residents and offers education and advocacy programs to all residents seeking assistance. The organization is actively engaged in advocating for distressed homeowners to prevent foreclosure actions. Its goals include expanding and enhancing homebuyer and homeowner assistance programs, increasing services to help residents maintain quality homeownership, and developing diverse and sustainable revenue streams to maintain financial health.
Official website here: www.nhsfl.org
Who is the CEO of St Petersburg Neighborhood Housing Services Inc?
James Bush is the Treasurer of St Petersburg Neighborhood Housing Services Inc.
Official website here: www.nhsfl.org
What is the revenue of St Petersburg Neighborhood Housing Services Inc?
St Petersburg Neighborhood Housing Services Inc's revenue in 2022 was $496,361.
Official website here: www.nhsfl.org
Who are the executives of St Petersburg Neighborhood Housing Services Inc and what are their salaries?
The average compensation at St Petersburg Neighborhood Housing Services Inc during 2022 was $32,800. There are 7 employees and 45 volunteers at St Petersburg Neighborhood Housing Services Inc.
Here are 14 key members and their salaries:
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Official website here: www.nhsfl.org
Where can I find the form 990 for St Petersburg Neighborhood Housing Services Inc?
St Petersburg Neighborhood Housing Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhsfl.org
Learn more at the official website: www.nhsfl.org
Mission Statement of St Petersburg Neighborhood Housing Services Inc
St. Petersburg Neighborhood Housing Services Inc is a community housing development organization with a mission to improve the quality of life in targeted neighborhoods. Established in 1980, the nonprofit aims to provide affordable housing solutions for individuals and families while stimulating renewed economic investment in blighted areas. This is achieved through a collaborative effort involving residents, government, the business community, lending institutions, and key national partners.
The organization's approach is multifaceted, relying on research, market studies, focus groups, model block projects, and neighborhood enhancement campaigns to collect data, fashion strategies, identify best practices, foster pride, and build active involvement. By collaborating with various agencies and organizations, St. Petersburg Neighborhood Housing Services Inc strives to achieve strategic educational, cultural, and economic development goals related to its mission. The nonprofit primarily serves low to moderate income residents of the community, offering its education and advocacy programs to all residents regardless of income.
In the face of economic challenges, St. Petersburg Neighborhood Housing Services Inc is actively engaged in advocating for distressed homeowners to mitigate foreclosure actions. The organization also seeks to broaden community awareness and credibility, expand and enhance its homebuyer and homeowner assistance programs, increase services to help residents access and sustain quality homeownership, adapt its financial education and home management programs, provide foreclosure prevention and intervention education, and develop diverse and sustainable revenue streams to maintain its financial health and viability.
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Impact
July, 2024
St Petersburg Neighborhood Housing Services Inc has a significant impact on the community by providing affordable housing and homeownership solutions for individuals and families. Their mission is to improve the quality of life in targeted neighborhoods through the development of affordable housing, the promotion of homeownership, the fostering of safe living conditions, and the stimulation of renewed economic investment. They collaborate with various agencies and organizations to achieve strategic educational, cultural, and economic development goals related to their mission. St Petersburg Neighborhood Housing Services Inc predominantly serves low to moderate-income residents of the community, while their education and advocacy programs are available to all residents seeking assistance. They are actively engaged in advocating for distressed homeowners to mitigate foreclosure actions and provide foreclosure prevention and intervention education to keep families in their homes and prevent homelessness. Their goals include broadening community awareness, expanding and enhancing homebuyer and homeowner assistance programs, increasing services to help residents access and sustain quality homeownership, developing new programs to overcome economic hurdles, and maintaining financial health and viability through diverse and sustainable revenue streams.
This information is meant to be a general summary of St Petersburg Neighborhood Housing Services 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: $28
- Program Service Revenue: $15,898
- Gross Receipts: $496,361
Assets and Liabilities:
- Total Assets: $1,035,495
- Total Liabilities: $617,468
- Net Assets: $418,027
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$15,898
Organization Details
Founding Year
1980
Phone
(727) 821-6897Principal Officer
James Bush
Main Address
1600 DR MARTIN LUTHER KING STREET S, ST PETERSBURG, FL, 33701
Website
www.nhsfl.orgNTEE Category
Code: L80 - Housing
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