Overview
What is Neighbors And Neighbors Association Inc?
Neighbors And Neighbors Association Inc, located in Miami, Florida, is a nonprofit organization dedicated to uplifting low-income communities. They provide technical assistance to businesses in securing loans and grants, offer on-the-job training, and manage the Mom & Pop Grant Program. Their mission extends beyond financial aid, as they engage in special economic development projects and advocacy efforts. The organization strives to create job opportunities and offers business advisory services to neighborhood enterprises, contributing to the overall rejuvenation of these communities. With a workforce of 23 individuals, Neighbors And Neighbors Association Inc is committed to driving positive change in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Neighbors And Neighbors Association Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The rating is based on an exemplary score in the Accountability & Finance category, indicating that the organization effectively manages its resources and adheres to best practices in governance.
The organization boasts a fully independent board, with all eight members meeting the criteria for independence. This, along with a solid financial oversight framework that includes an audit committee and various sound policies, contributes to its strong performance. Furthermore, an impressive program expense ratio of 90.94% signifies that a significant portion of its resources goes directly towards its programs and services.
There are no major limitations noted in the data, which underscores the organization’s commitment to transparency and ethical management. Overall, Neighbors And Neighbors Association Inc exemplifies strong financial stewardship and responsible governance, making it a reliable choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Neighbors And Neighbors Association Inc legitimate?
Neighbors And Neighbors Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighbors And Neighbors Association 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: $155,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $805,979
For more financial information, click here
What is the mission statement of Neighbors And Neighbors Association Inc?
Neighbors And Neighbors Association Inc's mission revolves around revitalizing low-income communities by collaborating with local businesses. They accomplish this through various means, including job creation, offering business advisory services, and providing additional support. The organization also assists businesses with technical aid in securing loans and grants, offers on-the-job training, and manages programs such as the MOM & POP Grant and special economic development projects. Moreover, they engage in advocacy to support their cause.
Who is the CEO of Neighbors And Neighbors Association Inc?
Leroy Jones is the Executive Director of Neighbors And Neighbors Association Inc.
What is the revenue of Neighbors And Neighbors Association Inc?
Neighbors And Neighbors Association Inc's revenue in 2022 was $1,970,759.
Who are the executives of Neighbors And Neighbors Association Inc and what are their salaries?
The average compensation at Neighbors And Neighbors Association Inc during 2022 was $41,808. There are 23 employees at Neighbors And Neighbors Association Inc.
Here are 5 key members and their salaries:
- Compensation: $155,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Neighbors And Neighbors Association Inc?
Neighbors And Neighbors Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Neighbors And Neighbors Association Inc
Neighbors And Neighbors Association Inc is committed to revitalizing low-income communities by collaborating with local businesses. Their mission encompasses job creation, delivering business advisory services, and providing various other support. The organization works towards fostering a conducive environment for businesses to thrive, thereby contributing to the overall improvement of the community. They offer technical assistance in areas such as loan and grant applications, providing on-the-job training, and managing the Mom & Pop Grant Program. Furthermore, Neighbors And Neighbors Association Inc engages in Special Economic Development Projects and advocacy to promote sustained growth and development in the communities they serve.
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Impact
July, 2024
Neighbors And Neighbors Association Inc has made a significant impact in the Miami community by working with various neighborhood businesses to rebuild low-income communities. They provide businesses with technical assistance in areas such as loan and grant applications, on-the-job training, and special economic development projects. Additionally, they offer a Mom & Pop grant program and advocacy services. Through their efforts, they have been instrumental in creating jobs, providing business advisory services, and contributing to the overall improvement of the community.
This information is meant to be a general summary of Neighbors And Neighbors Association 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: $3,411
- Gross Receipts: $1,970,759
Assets and Liabilities:
- Total Assets: $3,021,013
- Total Liabilities: $278,526
- Net Assets: $2,742,487
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Organization Details
Founding Year
1996
Phone
(305) 756-0605Principal Officer
Leroy Jones
Main Address
5120 NW 24th AVENUE, MIAMI, FL, 33142
NTEE Category
Code: S31 - Community improvement
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