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Ponce Neighborhood Housing Services Inc

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

EIN: 660501718 ✦ Ponce, PR ✦ Designated as a 501(c)(3)

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Overview

What is Ponce Neighborhood Housing Services Inc?

Ponce Neighborhood Housing Services Inc is a nonprofit organization situated in Puerto Rico, specifically at PO Box 330223, Ponce. Their primary mission is to support and empower communities in the southern part of the island. They achieve this by offering a range of services, including housing counseling for first-time homebuyers, credit counseling, financial aid, and foreclosure prevention and intervention. Their activities are geared towards facilitating affordable housing for individuals with low and moderate incomes. Additionally, they are involved in socio-economic community building, rehabilitating and revitalizing communities, and providing loan servicing and various loan products. The organization's work is also focused on educating about foreclosure and promoting financial empowerment. With a team of 35 employees, Ponce Neighborhood Housing Services Inc is committed to strengthening Puerto Rican communities through housing and financial capability programs.


Official website here: www.poncenhs.org

What do the Facebook reviews say about Ponce Neighborhood Housing Services Inc?

100% of 25 reviewers on Facebook recommend Ponce Neighborhood Housing Services Inc. Here is a summary of their reviews:

The overall sentiment towards the organization is overwhelmingly positive. Reviewers consistently praise the exceptional service and dedication of the team. Many highlight their professionalism and commitment to helping the community, emphasizing the positive impact the nonprofit has on housing services.

Overall, it is clear that Ponce Neighborhood Housing Services Inc effectively meets the needs of those they serve, earning high marks for their commitment and quality of service.


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

Is Ponce Neighborhood Housing Services Inc legitimate?

Ponce Neighborhood Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ponce Neighborhood Housing Services 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: $411,624
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,121,563

For more financial information, click here


Official website here: www.poncenhs.org

What is the mission statement of Ponce Neighborhood Housing Services Inc?

Ponce Neighborhood Housing Services Inc's mission is centered around strengthening communities by fostering the development of social housing programs and promoting financial capability. They facilitate the acquisition and rehabilitation of housing for individuals with low to moderate income, providing essential services such as foreclosure education, counseling, and loss mitigation. Furthermore, the organization offers financial empowerment and credit counseling, aiming to prevent foreclosures and support individuals in maintaining their homes. In addition, Ponce Neighborhood Housing Services Inc is involved in community rehabilitation and revitalization, engaging with communities to build socio-economic ties and improve living conditions. They also provide loan servicing and offer various loan products.


Official website here: www.poncenhs.org

Who is the CEO of Ponce Neighborhood Housing Services Inc?

Catherine Cartagena is the Executive Director of Ponce Neighborhood Housing Services Inc.


Official website here: www.poncenhs.org

What is the revenue of Ponce Neighborhood Housing Services Inc?

Ponce Neighborhood Housing Services Inc's revenue in 2022 was $2,564,555.


Official website here: www.poncenhs.org

Who are the executives of Ponce Neighborhood Housing Services Inc and what are their salaries?

The average compensation at Ponce Neighborhood Housing Services Inc during 2022 was $43,805. There are 35 employees at Ponce Neighborhood Housing Services Inc.


Here are 12 key members and their salaries:


Elizabeth Colon Rivera (Executive Director)
  • Compensation: $170,021
  • Related: $0
  • Other: $0
Catherine Cartagena Sanchez (Associate Director/Cfo)
  • Compensation: $140,389
  • Related: $0
  • Other: $0
Brian Santiago Velez (Personnel Management Manager)
  • Compensation: $51,795
  • Related: $0
  • Other: $0
Jailene Gutierrez Rojas (Finance & Accounting Supervisor)
  • Compensation: $49,419
  • Related: $0
  • Other: $0
Rafael Del Valle Leon (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mari Quiros (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Borreli (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eunice Perez (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dolmarie Colon (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Prieto (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hernan Vera (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Ramos (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.poncenhs.org

Where can I find the form 990 for Ponce Neighborhood Housing Services Inc?

Ponce Neighborhood Housing Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.poncenhs.org

Learn more at the official website: www.poncenhs.org

Mission Statement of Ponce Neighborhood Housing Services Inc

Ponce Neighborhood Housing Services Inc, a nonprofit organization, is committed to strengthening communities in Puerto Rico by focusing on the development of social housing, education, and financial capability programs. Their mission is twofold: firstly, they facilitate the acquisition and rehabilitation of housing for individuals with low and moderate incomes. Secondly, they provide essential education and counseling services to help these communities.

The organization offers housing counseling for first-time homebuyers, guiding them through the process and ensuring they make informed decisions. They also provide credit counseling, helping individuals manage their finances effectively and avoid financial pitfalls. In addition, Ponce Neighborhood Housing Services Inc offers foreclosure prevention and intervention services, providing financial support and counseling to homeowners facing the threat of foreclosure.

Beyond housing, the nonprofit is engaged in socio-economic community building and engagement. They work towards the rehabilitation and revitalization of communities, investing in their future and well-being. Ponce Neighborhood Housing Services Inc also offers loan servicing and loan products, providing financial solutions that meet the needs of their clientele. Overall, the organization's mission is to improve the living conditions and financial stability of individuals and communities in Puerto Rico.

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Impact




October, 2024

Ponce Neighborhood Housing Services Inc significantly impacts the community by facilitating the acquisition and rehabilitation of housing for individuals and families with low to moderate incomes in southern Puerto Rico. By offering comprehensive housing counseling tailored for first-time homebuyers, they empower residents to navigate the complexities of home ownership. Their services include credit counseling, financial support, and strategies for foreclosure prevention and intervention, which are crucial for enhancing financial stability among vulnerable populations.

In addition to direct housing assistance, Ponce Neighborhood Housing Services Inc engages in socio-economic community building, fostering revitalization and engagement within local neighborhoods. Their focus on strengthening financial capability through education and programs helps residents build a stable foundation, ultimately contributing to the overall health and prosperity of the community. By providing loan servicing and diverse loan products, they ensure accessibility to financial resources that align with the needs of the community, helping to create a more equitable housing landscape in Ponce and surrounding areas.




This information is meant to be a general summary of Ponce Neighborhood Housing Services 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
$2,564,555 (2022)
Expenses
$2,280,201 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $78,810
  • Gross Receipts: $2,564,555

Assets and Liabilities:

  • Total Assets: $3,492,487
  • Total Liabilities: $106,951
  • Net Assets: $3,385,536

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Programs

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

Mortgage Interest and Fees

Revenue

$78,810

Organization Details

Founding Year

1993

Principal Officer

Catherine Cartagena

Main Address

PO BOX 330223, PONCE, PR, 007330223

NTEE Category

Code: L20Z - Housing

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