Overview
What is Neighborhood Housing Services Of Birmingham Inc?
Neighborhood Housing Services of Birmingham Inc, situated in Birmingham, Alabama, is a nonprofit organization committed to supporting urban neighborhoods and families in need. They offer various services, such as rehabilitating owner-occupied housing for homeowners, providing loan modification assistance, and organizing financial literacy and first-time homebuyer workshops. Additionally, the organization manages four affordable rental housing buildings with 38 units, catering to qualified families. Their mission is to help families emerge from poverty and achieve financial stability through safe and affordable housing, first-time homebuyer education, foreclosure prevention, budget management, credit counseling, and community building. With a team of five dedicated individuals, Neighborhood Housing Services of Birmingham Inc plays a significant role in uplifting their community.
Official website here: www.nhsbham.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator, earning a Four-Star out of Four Star rating indicates that Neighborhood Housing Services of Birmingham Inc is highly regarded in terms of accountability and financial health. The organization demonstrates exceptional governance with 100% independent board members and robust oversight practices, ensuring transparency and ethical management of resources.
One of the organization's notable strengths lies in its financial ratios, with a program expense ratio of 84.02%. This indicates a strong commitment to directing funds towards its mission-driven programs rather than administrative costs. Furthermore, a fundraising efficiency ratio of $0.00 highlights that the organization is effectively managing its fundraising efforts without incurring unnecessary expenses.
Although the organization has received high marks across various metrics, it is important for potential donors and community members to continuously monitor its performance and any changes in its operational strategies. The strong scores in equity strategies and community involvement reflect its commitment to fostering inclusivity and addressing housing needs effectively within the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Neighborhood Housing Services Of Birmingham Inc?
100% of reviewers on Facebook recommend Neighborhood Housing Services of Birmingham Inc. Here is a summary of their reviews:
The organization receives high praise for its commitment to assist individuals who aspire to break free from renting and achieve homeownership. Reviewers express appreciation for the support and resources provided, highlighting how the nonprofit effectively guides people through the home-buying process.
Overall, the sentiment is overwhelmingly positive, indicating that the nonprofit truly fulfills its mission and makes a significant impact in their community by empowering residents to invest in their futures through homeownership.
This AI summary has been generated from reviews found on Facebook.
Is Neighborhood Housing Services Of Birmingham Inc legitimate?
Neighborhood Housing Services Of Birmingham Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Birmingham 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: $231,284
For more financial information, click here
Official website here: www.nhsbham.org
What is the mission statement of Neighborhood Housing Services Of Birmingham Inc?
Neighborhood Housing Services Of Birmingham Inc's mission is centered around assisting in the stabilization of urban communities. Their primary goal is to provide families with the necessary tools to emerge from poverty and achieve financial stability. This is achieved through various means, including the provision of safe, affordable housing, first-time homebuyer education, foreclosure prevention, budget management, and credit counseling. The organization also conducts community-building initiatives. In addition, they offer rehabilitation grants to homeowners, loan modification assistance, and host monthly financial literacy and first-time homebuyer workshops. Furthermore, they manage four residential apartment buildings, offering affordable rental housing to qualified families.
Official website here: www.nhsbham.org
Who is the CEO of Neighborhood Housing Services Of Birmingham Inc?
Carol Clarke is the Chairman of Neighborhood Housing Services Of Birmingham Inc. The CEO's salary of Neighborhood Housing Services Of Birmingham Inc is $0 and their total compensation is $0.
Official website here: www.nhsbham.org
What is the revenue of Neighborhood Housing Services Of Birmingham Inc?
Neighborhood Housing Services Of Birmingham Inc's revenue in 2023 was $3,642,922.
Official website here: www.nhsbham.org
Who are the executives of Neighborhood Housing Services Of Birmingham Inc and what are their salaries?
The average compensation at Neighborhood Housing Services Of Birmingham Inc during 2023 was $46,257. There are 5 employees and 11 volunteers at Neighborhood Housing Services Of Birmingham Inc.
Here are 13 key members and their salaries (Neighborhood Housing Services Of Birmingham Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $101,174
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- Other: $16,929
Official website here: www.nhsbham.org
Where can I find the form 990 for Neighborhood Housing Services Of Birmingham Inc?
Neighborhood Housing Services Of Birmingham Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nhsbham.org
Learn more at the official website: www.nhsbham.org
Mission Statement of Neighborhood Housing Services Of Birmingham Inc
Neighborhood Housing Services of Birmingham Inc is committed to assisting in the stabilization of urban neighborhoods. Their mission is threefold: firstly, they aim to equip families with the necessary tools to escape poverty and achieve financial stability. This encompasses providing safe and affordable housing, educating first-time homebuyers, offering foreclosure prevention services, and delivering budget management and credit counseling. Secondly, they advocate for community building, fostering a sense of unity and cooperation within the neighborhoods they serve. Lastly, Neighborhood Housing Services of Birmingham Inc offers rehabilitation grants for owner-occupied housing and loan modification assistance to homeowners in need. Additionally, they conduct monthly financial literacy and first-time homebuyer workshops, and manage four residential apartment buildings, offering affordable rental housing to qualified families. In essence, Neighborhood Housing Services of Birmingham Inc is dedicated to revitalizing communities and empowering families to overcome poverty and attain financial stability.
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Impact
July, 2024
Neighborhood Housing Services Of Birmingham Inc plays a crucial role in stabilizing urban neighborhoods in the city of Birmingham and surrounding areas. By providing rehabilitation of owner-occupied housing, loan modification assistance, and homeownership assistance through financial literacy workshops and first-time homebuyer programs, NHSB helps families emerge from poverty and achieve financial stability. Additionally, the organization owns and manages residential apartment buildings that offer affordable rental housing for qualified families. Through its comprehensive range of programs and services, NHSB positively impacts the community by promoting homeownership, preventing foreclosure, teaching budget management and credit counseling, and fostering community building.
This information is meant to be a general summary of Neighborhood Housing Services Of Birmingham 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 2023.
- Program Service Revenue: $189,842
- Gross Receipts: $3,642,922
Assets and Liabilities:
- Total Assets: $3,736,400
- Total Liabilities: $584,367
- Net Assets: $3,152,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL PROGRAM SERVICE
Revenue
$163,230
OTHER
Revenue
$26,612
Organization Details
Founding Year
1976
Phone
(205) 328-4292Principal Officer
Carol Clarke
Main Address
601 19TH STREET NORTH, BIRMINGHAM, AL, 35203
Website
www.nhsbham.orgNTEE Category
Code: L20Z - Housing
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