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Nho Management Inc

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

EIN: 621746226 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Nho Management Inc?

Nho Management Inc is a nonprofit organization dedicated to assisting working, economically disadvantaged families by offering decent, secure, and top-notch single and multi-family rental housing. Their mission is primarily focused on providing affordable living spaces for low-income families, aiming to improve their living conditions and overall well-being.

Is Nho Management Inc legitimate?

Nho Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nho Management 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: $30,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,840

For more financial information, click here

What is the mission statement of Nho Management Inc?

Nho Management Inc's mission is centered around empowering economically disadvantaged families by offering them decent, secure, and high-quality single and multi-family rental housing. The organization is committed to providing low-income housing as a means of improving living conditions for these families. By doing so, Nho Management Inc aims to contribute to their overall well-being and quality of life. The company's focus is on making housing more accessible and affordable for those in need, thereby promoting a more inclusive and equitable community.

Who is the CEO of Nho Management Inc?

Howard Eddings Jr is the CEO of Nho Management Inc The CEO's salary of Nho Management Inc is $30,300 and their total compensation is $30,300.

What is the revenue of Nho Management Inc?

Nho Management Inc's revenue in 2024 was $989,853.

Who are the executives of Nho Management Inc and what are their salaries?

The average compensation at Nho Management Inc during 2024 was $97,140. There is 1 employee at Nho Management Inc.

Here are 9 key members and their salaries (Nho Management Inc's CEO's salary is $30,300 and their total compensation is $30,300):


Reginald Lester (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abbay Milnor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Ogden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melody Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fisher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrence Brown (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerrie Currie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Eddings Jr (Ceo)
  • Compensation: $30,300
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nho Management Inc?

Nho Management Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Nho Management Inc

Nho Management Inc, as a mission-driven organization, aims to empower working, economically disadvantaged families by offering decent, safe, and high-quality single and multi-family rental housing. Their primary objective is to provide low-income housing solutions, ensuring that families in need have access to suitable living spaces. By doing so, Nho Management Inc strives to contribute positively to the well-being and stability of these families, ultimately enhancing their overall quality of life.

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Impact




October, 2024

Nho Management Inc significantly impacts the community by addressing the critical need for affordable housing in Memphis, TN. By providing decent, safe, and quality single and multi-family rental housing, the organization empowers working, low-income families to secure stable living conditions. This initiative not only improves their quality of life but also promotes economic stability, allowing families to focus on their careers and personal development without the added stress of inadequate housing. Through its commitment to low-income rental housing, Nho Management Inc plays a crucial role in enhancing community well-being and fostering stronger, more resilient neighborhoods.




This information is meant to be a general summary of Nho Management 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.

Revenue
$989,853 (2024)
Expenses
$785,170 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $989,853
  • Gross Receipts: $989,853

Assets and Liabilities:

  • Total Assets: $6,297,226
  • Total Liabilities: $984,805
  • Net Assets: $5,312,421

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Programs

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

RENTAL INCOME

Revenue

$987,244

SERVICES

Revenue

$2,469

APPLICATION FEES

Revenue

$140

Organization Details

Founding Year

1998

Principal Officer

Howard Eddings Jr

NTEE Category

Code: L022 - Housing

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