Overview
What is New Directions Housing Corporation C/O Lori Flanery?
New Directions Housing Corporation, under the leadership of Lori Flanery, is a nonprofit organization situated in Louisville, Kentucky. Their primary focus is to provide affordable housing and related services to support low-income individuals. Through their facilities, they offer shelter and educational resources to help residents achieve personal goals in life. This includes connecting them to various social services, youth programming, coaching, and group informational sessions. The corporation also plays an active role in creating vibrant communities by collaborating with neighbors and other stakeholders. With approximately 100 employees, New Directions Housing Corporation is dedicated to making a positive impact in people's lives.
Official website here: www.ndhc.org
What are the reviews and ratings of this charity?
**New Directions Housing Corporation - Rating: 100% (Four-Star out of Four Stars)**
New Directions Housing Corporation has achieved an exemplary Four-Star rating from Charity Navigator, indicating a strong level of Accountability & Finance. This high score reflects the organization’s commitment to transparency and sound financial practices, with notable metrics such as a fully independent board, no material diversion of assets, and high program expense ratios, demonstrating efficient use of funds for its mission.
The organization boasts a robust structure with 100% independent board members and comprehensive policies in place, including conflict of interest and whistleblower policies. Its fiscal health is further underscored by a low liabilities-to-assets ratio, suggesting a stable financial footing necessary for effective program delivery and sustainability.
Unfortunately, there are no user reviews available from GreatNonprofits to provide additional perspectives from those directly engaged with the organization. Overall, New Directions Housing Corporation stands out for its financial integrity and governance, marking it as a reputable nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
Is New Directions Housing Corporation C/O Lori Flanery legitimate?
New Directions Housing Corporation C/O Lori Flanery is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Directions Housing Corporation C/O Lori Flanery 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: $807,611
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,666,649
For more financial information, click here
Official website here: www.ndhc.org
What is the mission statement of New Directions Housing Corporation C/O Lori Flanery?
New Directions Housing Corporation works towards developing and maintaining affordable housing, aiming to foster vibrant communities in collaboration with neighbors and other stakeholders. Beyond providing affordable housing, the corporation offers rental properties that also include on-site social and educational services to aid low-income individuals. New Directions actively connects its residents to necessary resources, including social services, youth programs, coaching, and regular informational sessions, helping them achieve their personal goals in life.
Official website here: www.ndhc.org
Who is the CEO of New Directions Housing Corporation C/O Lori Flanery?
Lori Flanery is the President/Ceo of New Directions Housing Corporation C/O Lori Flanery. The CEO's salary of New Directions Housing Corporation C/O Lori Flanery is $173,965 and their total compensation is $182,016.
Official website here: www.ndhc.org
What is the revenue of New Directions Housing Corporation C/O Lori Flanery?
New Directions Housing Corporation C/O Lori Flanery's revenue in 2022 was $9,717,897.
Official website here: www.ndhc.org
Who are the executives of New Directions Housing Corporation C/O Lori Flanery and what are their salaries?
The average compensation at New Directions Housing Corporation C/O Lori Flanery during 2022 was $34,743. There are 100 employees and 800 volunteers at New Directions Housing Corporation C/O Lori Flanery.
Here are 32 key members and their salaries (New Directions Housing Corporation C/O Lori Flanery's CEO's salary is $173,965 and their total compensation is $182,016):
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- Compensation: $173,965
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Official website here: www.ndhc.org
Where can I find the form 990 for New Directions Housing Corporation C/O Lori Flanery?
New Directions Housing Corporation C/O Lori Flanery's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ndhc.org
Learn more at the official website: www.ndhc.org
Mission Statement of New Directions Housing Corporation C/O Lori Flanery
New Directions Housing Corporation, led by Lori Flanery, is dedicated to developing and maintaining affordable housing. Their mission extends beyond mere housing; they aim to foster vibrant communities in collaboration with neighbors and other stakeholders. By providing rental properties, this organization offers more than just a shelter. They also offer site-based social and educational services to aid low-income individuals.
New Directions Housing Corporation goes beyond the basic role of a housing provider. They connect their residents to various resources to help them achieve their life goals. This includes social services, youth programming, coaching, and group informational sessions. By doing so, they are not just offering a place to live, but they are actively contributing to their residents' overall well-being and success.
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Impact
July, 2024
New Directions Housing Corporation, under the leadership of Lori Flanery, has a significant impact on communities by developing and maintaining affordable housing options. Through their rental properties, they provide shelter and essential social and educational services to aid low-income individuals. New Directions Housing Corporation goes beyond housing by connecting residents to resources necessary to achieve their life goals, including social services, youth programming, coaching, and informational group sessions. Their work helps create vital communities in partnership with neighbors and other stakeholders, making a tangible difference in the lives of those in need in Louisville, KY.
This information is meant to be a general summary of New Directions Housing Corporation C/O Lori Flanery. 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: $82,168
- Program Service Revenue: $6,622,206
- Gross Receipts: $9,717,897
Assets and Liabilities:
- Total Assets: $26,198,596
- Total Liabilities: $13,994,625
- Net Assets: $12,203,971
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT
Revenue
$6,620,712
HOUSING DEVELOPMENT
Revenue
$1,494
Organization Details
Founding Year
1971
Phone
(502) 589-2272Principal Officer
Lori Flanery
Main Address
1617 MAPLE STREET, LOUISVILLE, KY, 40210
Website
www.ndhc.orgNTEE Category
Code: L80 - Housing
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