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Navigate Affordable Housing Partners Inc

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

EIN: 630985617 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Navigate Affordable Housing Partners Inc?

Navigate Affordable Housing Partners Inc is a nonprofit organization based in Birmingham, Alabama, with a US address at 2701 1st Avenue South 200. They specialize in creating low-income multifamily housing units, both occupied and under construction, as well as ancillary facilities such as laundromats and recreation buildings. The organization provides management services for HUD in four states. Their mission is to ensure the development and enhancement of safe, decent, sanitary, and affordable housing, offering courteous, professional, and accurate services to their residents. With a team of 70 employees, they strive to meet the housing needs of their community.


Official website here: www.navigatehousing.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Navigate Affordable Housing Partners Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored exceptionally high in various areas, particularly in maintaining a majority of independent board members and demonstrating high efficiency in program expenses, with nearly 99.5% of its expenditures directed towards its programs.

The charity's financial practices are robust, as evidenced by its perfect scores in several categories, including financial audits and the absence of any material diversion of assets. These factors contribute to its strong accountability framework, showcasing transparency and responsible management of resources. The presence of comprehensive policies on conflicts of interest, whistleblowing, and document retention further enhances its credibility.

While Navigate Affordable Housing Partners Inc has demonstrated significant strengths in governance and financial management, the summary does not indicate any major limitations or areas for improvement. Overall, the organization appears to be a trustworthy steward of funds, effectively committed to its mission in affordable housing.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Navigate Affordable Housing Partners Inc?

92% of reviewers on Facebook recommend Navigate Affordable Housing Partners Inc. Here is a summary of their reviews:

Many commenters express admiration for the organization's staff, highlighting their compassion and dedication to helping others. Dale Marcus is specifically mentioned for his positive impact, suggesting that personal connections within the organization contribute to its overall effectiveness.

Overall, the sentiment towards Navigate Affordable Housing Partners Inc is overwhelmingly positive, with users appreciating the kindness and commitment of the team in providing affordable housing solutions.


This AI summary has been generated from reviews found on Facebook.

Is Navigate Affordable Housing Partners Inc legitimate?

Navigate Affordable Housing Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Navigate Affordable Housing Partners 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: $569,436
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,849,947

For more financial information, click here


Official website here: www.navigatehousing.com

What is the mission statement of Navigate Affordable Housing Partners Inc?

Navigate Affordable Housing Partners Inc is dedicated to improving the living conditions for individuals by developing and enhancing safe, decent, sanitary, and affordable housing. They offer courteous, professional, and accurate services to ensure the quality of their housing units. The organization focuses on multifamily buildings, with both occupied and under-construction units, as well as ancillary facilities such as laundromats and recreation buildings. In addition, they provide management services for HUD in various states. Their mission is to make a positive impact on people's lives by ensuring they have access to safe and affordable housing.


Official website here: www.navigatehousing.com

Who is the CEO of Navigate Affordable Housing Partners Inc?

Julie Reynolds is the Chairman of Navigate Affordable Housing Partners Inc. The CEO's salary of Navigate Affordable Housing Partners Inc is $293,567 and their total compensation is $336,630.


Official website here: www.navigatehousing.com

What is the revenue of Navigate Affordable Housing Partners Inc?

Navigate Affordable Housing Partners Inc's revenue in 2022 was $799,851,950.


Official website here: www.navigatehousing.com

Who are the executives of Navigate Affordable Housing Partners Inc and what are their salaries?

The average compensation at Navigate Affordable Housing Partners Inc during 2022 was $77,420. There are 70 employees and 5 volunteers at Navigate Affordable Housing Partners Inc.


Here are 12 key members and their salaries (Navigate Affordable Housing Partners Inc's CEO's salary is $293,567 and their total compensation is $336,630):


Spencer Ragland (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Shufflebarger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Shuttlesworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugo Isom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenus Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie L Reynolds (Coo)
  • Compensation: $275,869
  • Related: $0
  • Other: $46,856
Lisa M Mccarroll (Ceo)
  • Compensation: $293,567
  • Related: $0
  • Other: $43,063
Nathaniel Greathree (Contract Administration Co)
  • Compensation: $130,027
  • Related: $0
  • Other: $0
Robert Mclaughlin (Dep. Dir. Of Contract Admi)
  • Compensation: $138,001
  • Related: $0
  • Other: $0
Thomas Gerundo (Contract Administration Co)
  • Compensation: $152,718
  • Related: $0
  • Other: $0
Tim Shearer (Contract Administration Co)
  • Compensation: $139,269
  • Related: $0
  • Other: $0
Vernell Johnson (Dir. Of Asset Management)
  • Compensation: $157,070
  • Related: $0
  • Other: $0


Official website here: www.navigatehousing.com

Where can I find the form 990 for Navigate Affordable Housing Partners Inc?

Navigate Affordable Housing Partners Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.navigatehousing.com

Learn more at the official website: www.navigatehousing.com

Mission Statement of Navigate Affordable Housing Partners Inc

Navigate Affordable Housing Partners Inc is a dedicated organization that strives to create and improve safe, decent, and sanitary living spaces for individuals with low income. By focusing on the development and enhancement of affordable housing, this nonprofit ensures that communities are graced with courteous, professional, and accurate services.

At the heart of Navigate Affordable Housing Partners Inc's mission lies the provision of safe and affordable housing for those in need. This commitment extends to the creation of multifamily units, which are either inhabited or under construction, as well as the development of ancillary facilities. These facilities enrich the living experience by offering amenities such as laundromats and recreational buildings.

Navigate Affordable Housing Partners Inc's reach goes beyond the construction and management of housing units. The organization also provides essential management services for HUD in four states. Through these services, they contribute to the maintenance of a stable and thriving community, ensuring that the families and individuals who call these homes their own are well-supported.

In summary, Navigate Affordable Housing Partners Inc is an indispensable organization that focuses on the development and enhancement of safe, decent, and affordable housing. With a commitment to providing courteous, professional, and accurate services, this nonprofit transforms the lives of those in need by offering them a stable living environment and the essential services that make a house a home.

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Impact




October, 2024

Navigate Affordable Housing Partners Inc plays a crucial role in addressing the challenge of affordable housing in the Birmingham, Alabama area. By developing and enhancing safe, decent, and sanitary housing options, the organization directly contributes to improving the living conditions of low-income families and individuals.

The construction and management of multifamily units not only provide shelter but also foster community development. These housing complexes often include additional facilities such as laundromats and recreation buildings, enhancing the quality of life for residents. Furthermore, by offering management services for the Department of Housing and Urban Development (HUD) across four states, Navigate ensures that these properties are well-maintained and meet essential standards.

Through its commitment to providing courteous, professional, and accurate services, Navigate Affordable Housing Partners Inc helps create a more stable and supportive environment for those in need, promoting long-term success and self-sufficiency for its residents.




This information is meant to be a general summary of Navigate Affordable Housing Partners 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
$799,851,950 (2022)
Expenses
$790,938,983 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $458,223
  • Program Service Revenue: $24,484,771
  • Gross Receipts: $799,851,950

Assets and Liabilities:

  • Total Assets: $72,316,824
  • Total Liabilities: $3,717,571
  • Net Assets: $68,599,253

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Programs

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

HUD Management Fees

Revenue

$23,235,267

Tenant Rental Revenue

Revenue

$1,249,504

Organization Details

Founding Year

1980

Principal Officer

Julie Reynolds

Main Address

2701 1st Avenue South 200, Birmingham, AL, 35233

NTEE Category

Code: L20Z - Housing

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