Overview
What is Sacramento Neighborhood Housing Services Inc?
Sacramento Neighborhood Housing Services Inc, operating under the name NeighborWorks Homeownership Center Sacramento Region, is a nonprofit organization based in Sacramento, California. Their primary mission is to boost homeownership opportunities for moderate-income households. This is achieved through supporting privately-funded first mortgages with subsidized second mortgages. The organization offers a variety of services including homeowner education classes, flexible loan products, foreclosure prevention counseling, and other loan services. Their broader aim is to enhance and revitalize neighborhoods across the district, primarily benefiting local residents, to improve their living conditions. With a team of 47 dedicated employees, they work tirelessly to support homeownership and neighborhood development.
Official website here: www.nwsac.org
What are the reviews and ratings of this charity?
94% rating from Charity Navigator indicates that Sacramento Neighborhood Housing Services Inc has received a Four-Star out of Four Star rating, reflecting a strong commitment to accountability and financial management. The organization excels in governance, with 100% independent board members and a robust financial health score of 96%. Furthermore, it demonstrates effective operational practices, such as having comprehensive conflict of interest and whistleblower policies in place.
While the organization scores well overall, user feedback presents some concerns. One review highlighted difficulties in scheduling appointments and perceived unprofessional behavior from staff, which detracted from the client experience. The reviewer also felt pressured to pay for a class as a prerequisite for assistance, which raised doubts about the organization's approach to service delivery.
Despite the challenges noted in individual experiences, Sacramento Neighborhood Housing Services Inc shows a commitment to community impact and constituent feedback, achieving top scores in these areas. The feedback collection and utilization processes are rated highly, indicating that the organization values input from those it serves, even if their practical implementations may require improvement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Sacramento Neighborhood Housing Services Inc legitimate?
Sacramento Neighborhood Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacramento 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: $146,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,477,627
For more financial information, click here
Official website here: www.nwsac.org
What is the mission statement of Sacramento Neighborhood Housing Services Inc?
Sacramento Neighborhood Housing Services Inc's mission is centered around enhancing and revitalizing neighborhoods on a district-wide scale, primarily benefiting the local residents. Their primary activity involves providing opportunities for home ownership to households with moderate income levels. They achieve this by supporting privately funded first mortgages with subsidized second mortgages. The organization offers various resources such as homeowner education classes, flexible loan products, foreclosure prevention counseling, and other loan services through their Home Ownership Center. Their aim is to improve the living conditions and prospects of neighborhood residents.
Official website here: www.nwsac.org
Who is the CEO of Sacramento Neighborhood Housing Services Inc?
Lauretta Casimir-Mahoney is the Ceo/President (As Of Nov 2022) of Sacramento Neighborhood Housing Services Inc. The CEO's salary of Sacramento Neighborhood Housing Services Inc is $20,338 and their total compensation is $20,338.
Official website here: www.nwsac.org
What is the revenue of Sacramento Neighborhood Housing Services Inc?
Sacramento Neighborhood Housing Services Inc's revenue in 2022 was $2,354,379.
Official website here: www.nwsac.org
Who are the executives of Sacramento Neighborhood Housing Services Inc and what are their salaries?
The average compensation at Sacramento Neighborhood Housing Services Inc during 2022 was $34,551. There are 47 employees and 25 volunteers at Sacramento Neighborhood Housing Services Inc.
Here are 10 key members and their salaries (Sacramento Neighborhood Housing Services Inc's CEO's salary is $20,338 and their total compensation is $20,338):
- Compensation: $20,338
- Related: $0
- Other: $0
- Compensation: $11,057
- Related: $0
- Other: $0
- Compensation: $106,094
- Related: $0
- Other: $8,781
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nwsac.org
Where can I find the form 990 for Sacramento Neighborhood Housing Services Inc?
Sacramento Neighborhood Housing Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwsac.org
Learn more at the official website: www.nwsac.org
Mission Statement of Sacramento Neighborhood Housing Services Inc
Sacramento Neighborhood Housing Services Inc is committed to enhancing and revitalizing neighborhoods on a district-wide scale, primarily benefiting the local residents. Their mission is centered around improving and restoring neighborhoods, aiming to provide new homeownership opportunities for households of moderate income. They accomplish this by supporting privately-funded first mortgages with subsidized second mortgages. The organization's Home Ownership Center offers a variety of services, including homeowner education classes, flexible loan products, foreclosure prevention counseling, and other loan services, all geared towards making homeownership a reality for eligible families.
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Impact
July, 2024
Sacramento Neighborhood Housing Services Inc plays a vital role in improving and restoring neighborhoods district-wide primarily for the benefit of the residents. Through its home ownership services, the organization brings new home ownership opportunities to households of moderate means by supporting privately funded first mortgages with subsidized second mortgages. Additionally, the Home Ownership Center provides homeowner education classes, flexible loan products, foreclosure prevention counseling, and other loan services. By focusing on housing initiatives, Sacramento Neighborhood Housing Services Inc positively impacts the community's housing sector and helps enhance the quality of life for residents in Sacramento, CA.
This information is meant to be a general summary of Sacramento 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17
- Program Service Revenue: $582,478
- Gross Receipts: $2,354,379
Assets and Liabilities:
- Total Assets: $10,722,010
- Total Liabilities: $2,255,074
- Net Assets: $8,466,936
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES/SERVICES
Revenue
$273,800
REAL ESTATE HELD FOR SALE
Revenue
$126,741
RENTAL INCOME
Revenue
$73,419
LOAN INTEREST
Revenue
$63,518
PROPERTY DEVELOPMENT
Revenue
$45,000
Organization Details
Founding Year
1986
Phone
(916) 452-5356Principal Officer
Lauretta Casimir-Mahoney
Main Address
2411 ALHAMBRA BOULEVARD 200, SACRAMENTO, CA, 95817
Website
www.nwsac.orgNTEE Category
Code: L800 - Housing
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