Overview
What is Neighborhood Housing And Development Corporation?
Neighborhood Housing and Development Corporation, located at 633 NW 8th Avenue, Gainesville, Florida 32601, is a nonprofit organization dedicated to enhancing the quality of life and economic opportunities within its community. Their primary mission is to address identified needs, with a significant focus on increasing access to affordable, sustainable housing for low-income families. To achieve this goal, they construct new homes and renovate existing ones, which are subsequently made available for purchase by first-time homebuyers. The organization employs a team of eight individuals, who work tirelessly to fulfill their mission and contribute to the well-being of their community.
Official website here: www.gnhdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating.
Neighborhood Housing and Development Corporation (NHDC) has achieved a high rating from Charity Navigator, indicating strong accountability and financial health. The organization scored a perfect 100% in independent board member representation and received high marks in financial oversight areas, demonstrating a commitment to transparency and ethical governance. Their program expense ratio of 78.76% suggests that a significant majority of their funds are directed towards their mission-related activities.
User feedback underscores NHDC's positive impact, especially in assisting individuals and families on their journey to homeownership. Many clients have expressed gratitude for the supportive counseling they received, highlighting the organization’s role in guiding them through the home buying process. Professionals in the field also commend NHDC for its professionalism and dedication to serving the community, stating that the organization is a vital resource for those facing housing challenges.
While the data reflects overwhelmingly positive sentiments, the reviews do not mention specific areas for improvement or challenges the organization may face. Overall, NHDC is portrayed as a dedicated, effective nonprofit that provides invaluable support to prospective homeowners and the community at large.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Neighborhood Housing And Development Corporation legitimate?
Neighborhood Housing And Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing And Development Corporation 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: $160,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,166
For more financial information, click here
Official website here: www.gnhdc.org
What is the mission statement of Neighborhood Housing And Development Corporation?
The mission of Neighborhood Housing and Development Corporation is centered around enhancing the quality of life and economic prospects for communities. They achieve this by offering services tailored to address identified needs, with a primary focus on expanding access to high-quality, affordable, and sustainable housing for low-income families. The organization's housing development initiatives involve constructing new homes and renovating existing properties, which are then made available for first-time home buyers.
Official website here: www.gnhdc.org
Who is the CEO of Neighborhood Housing And Development Corporation?
Janelle Profant is the President of Neighborhood Housing And Development Corporation. The CEO's salary of Neighborhood Housing And Development Corporation is $56,358 and their total compensation is $68,601.
Official website here: www.gnhdc.org
What is the revenue of Neighborhood Housing And Development Corporation?
Neighborhood Housing And Development Corporation's revenue in 2022 was $1,650,603.
Official website here: www.gnhdc.org
Who are the executives of Neighborhood Housing And Development Corporation and what are their salaries?
The average compensation at Neighborhood Housing And Development Corporation during 2022 was $45,466. There are 8 employees and 16 volunteers at Neighborhood Housing And Development Corporation.
Here are 12 key members and their salaries (Neighborhood Housing And Development Corporation's CEO's salary is $56,358 and their total compensation is $68,601):
- Compensation: $94,897
- Related: $0
- Other: $8,526
- Compensation: $56,358
- Related: $0
- Other: $12,243
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gnhdc.org
Where can I find the form 990 for Neighborhood Housing And Development Corporation?
Neighborhood Housing And Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gnhdc.org
Learn more at the official website: www.gnhdc.org
Mission Statement of Neighborhood Housing And Development Corporation
Neighborhood Housing and Development Corporation, abbreviated as NHDC, is a nonprofit organization dedicated to improving the quality of life and fostering economic opportunities within communities. Their primary focus is on providing services that cater to identified needs, with a particular emphasis on increasing access to affordable, sustainable housing for low-income families. Through their housing development initiatives, NHDC constructs new homes and renovates existing properties, making them available for purchase to first-time homebuyers. By doing so, the organization aims to contribute to the betterment of these families and the communities they reside in.
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Impact
July, 2024
Neighborhood Housing And Development Corporation's impact is significant in Gainesville, Florida. The organization works tirelessly to improve the quality of life and economic opportunities for low-income families by providing access to quality, affordable, and sustainable housing. Through its housing development projects, including building new homes and rehabilitating existing ones, Neighborhood Housing And Development Corporation is able to make homeownership a reality for first-time homebuyers in the community. This not only addresses the immediate housing needs but also contributes to long-term stability and prosperity for individuals and families in Gainesville.
This information is meant to be a general summary of Neighborhood Housing And Development Corporation. 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: $2,475
- Program Service Revenue: $431,898
- Gross Receipts: $2,868,811
Assets and Liabilities:
- Total Assets: $6,914,006
- Total Liabilities: $226,739
- Net Assets: $6,687,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Residential Rent
Revenue
$403,930
Homebuyer Education Fee
Revenue
$9,757
Contract Administration
Revenue
$14,127
Interest-Program Loans
Revenue
$4,084
Organization Details
Founding Year
1982
Principal Officer
Janelle Profant
Main Address
633 NW 8th Avenue, Gainesville, FL, 32601
Website
www.gnhdc.orgNTEE Category
Code: L82 - Housing
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