Overview
What is Neighborhood Housing Inc?
Neighborhood Housing Inc, based in Knoxville, Tennessee, is a dedicated nonprofit organization striving to revitalize local communities by constructing modestly priced homes. In 2022, they sold four homes and lots in inner-city neighborhoods. Additionally, they enrolled 30 families in their Home Buyer Readiness Program, aiming to help individuals improve their credit and essential life skills to achieve home ownership. Their mission encompasses providing and restoring clean, affordable single-family housing through both new home construction and home repair programs.
Official website here: www.klf.org
Is Neighborhood Housing Inc legitimate?
Neighborhood Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,989
For more financial information, click here
Official website here: www.klf.org
What is the mission statement of Neighborhood Housing Inc?
Neighborhood Housing Inc's mission is centered around providing and restoring clean, affordable single-family housing. They achieve this mission through two primary programs: the New Housing Program and the Home Repair Program. The New Housing Program involves constructing modestly priced homes, while the Home Repair Program offers assistance with home purchase prices. In 2022, the organization sold four homes and lots in inner-city neighborhoods and enrolled 30 families in their Home Buyer Readiness Program, which helps families improve their credit and basic life skills to pursue home ownership.
Official website here: www.klf.org
Who is the CEO of Neighborhood Housing Inc?
Christopher Martin is the President/Board Chair of Neighborhood Housing Inc.
Official website here: www.klf.org
What is the revenue of Neighborhood Housing Inc?
Neighborhood Housing Inc's revenue in 2022 was $2,649,099.
Official website here: www.klf.org
Who are the executives of Neighborhood Housing Inc and what are their salaries?
The average compensation at Neighborhood Housing Inc during 2022 was $299,989. There is 1 employee and 1450 volunteers at Neighborhood Housing Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $153,013
- Other: $130,621
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.klf.org
Where can I find the form 990 for Neighborhood Housing Inc?
Neighborhood Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.klf.org
Learn more at the official website: www.klf.org
Mission Statement of Neighborhood Housing Inc
Neighborhood Housing Inc, a dedicated nonprofit organization, is committed to providing and restoring clean, affordable, single-family housing. They achieve this mission through two primary programs: the New Housing Program and the Home Repair Program. Through these initiatives, Neighborhood Housing Inc aims to enhance community pride within various neighborhoods by constructing modestly priced homes and offering assistance with home purchases.
In 2022, Neighborhood Housing Inc sold four homes and lots in inner-city neighborhoods, contributing to the improvement of living conditions for local families. Moreover, the organization enrolled 30 families in their Home Buyer Readiness Program. This program helps families work on improving their credit scores and developing basic life and financial skills, ultimately preparing them to pursue their dreams of home ownership. By offering these programs, Neighborhood Housing Inc plays a vital role in providing affordable housing options and empowering families to become homeowners, thereby contributing to the betterment of their communities.
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Impact
October, 2024
Neighborhood Housing Inc significantly enhances the community fabric in Knoxville by focusing on clean, affordable single-family housing. Through its new housing program, the organization actively builds modestly priced homes, making it possible for families to secure stable living conditions. In 2022 alone, four homes were sold in inner-city neighborhoods, directly contributing to housing accessibility and community revitalization.
Moreover, Neighborhood Housing plays a pivotal role in fostering homeownership readiness. It enrolled 30 families in its Home Buyer Readiness Program, guiding them in improving their credit scores and essential life and financial skills. This support not only empowers individuals and families to pursue their dream of homeownership but also helps restore pride within neighborhoods. By addressing housing needs and equipping families with the necessary tools, Neighborhood Housing Inc contributes to the overall well-being and stability of the Knoxville community.
This information is meant to be a general summary of Neighborhood Housing 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: $51
- Program Service Revenue: $983,000
- Gross Receipts: $2,649,099
Assets and Liabilities:
- Total Assets: $623,320
- Total Liabilities: $397,847
- Net Assets: $225,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$983,000
Organization Details
Founding Year
2001
Phone
(865) 524-2774Principal Officer
Christopher Martin
Main Address
318 NORTH GAY STREET 210, KNOXVILLE, TN, 37917
Website
www.klf.orgNTEE Category
Code: T222 - Philanthropy
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