Overview
What is Neighborhood Housing Services Of New Orleans Inc?
Neighborhood Housing Services of New Orleans Inc, located at 4605 Freret Street, New Orleans, LA 70115, is a dedicated nonprofit organization with a mission to revitalize communities. They achieve this by increasing the number of homeowners and transforming vacant or substandard properties into sustainable homes for ownership. Their initiatives span various aspects, including informed community development, leadership development, education, outreach, and collaboration. Through technical expertise, training, and targeted home-building, they make affordable, secure, and happy living spaces a reality for low and modest-income residents across Greater New Orleans. Their services range from developing below-market-rate single-family houses and apartments to high-quality renovated homes for rental. With a workforce of 8 individuals, this nonprofit organization is committed to improving the quality of life in New Orleans communities.
Official website here: www.nhsnola.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Neighborhood Housing Services Of New Orleans Inc has received a low score of 56%, which indicates significant areas for improvement. The charity's accountability and finance score reflect a lack of financial statements, which has heavily impacted its overall rating. However, it is notable that the organization boasts a fully independent board and has established several important governance policies, including conflict of interest and whistleblower policies.
Despite the strengths in governance, the financial metrics are concerning, particularly the high liabilities to assets ratio of 82.65%, which suggests potential financial instability. While the organization does allocate a reasonable portion of its expenses to programs, with a program expense ratio of 61.78%, the absence of financial transparency through missing statements limits the ability to fully assess its fiscal health. The combination of these factors warrants close scrutiny for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Housing Services Of New Orleans Inc legitimate?
Neighborhood Housing Services Of New Orleans Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of New Orleans 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: $381,702
For more financial information, click here
Official website here: www.nhsnola.org
What is the mission statement of Neighborhood Housing Services Of New Orleans Inc?
Neighborhood Housing Services of New Orleans Inc aims to revitalize communities by increasing the number of homeowners and transforming vacant or substandard properties into sustainable homes. They enhance the quality of life through informed community development initiatives, leadership development, education, outreach, and collaboration. The organization's activities are focused on making the aspiration of affordable, secure, and happy places to live a reality for low and modest-income residents, offering services ranging from the development of below-market-rate single-family houses and apartments to high-quality renovated homes for ownership or rental.
Official website here: www.nhsnola.org
Who is the CEO of Neighborhood Housing Services Of New Orleans Inc?
Amy Batiste is the Board Co Chair of Neighborhood Housing Services Of New Orleans Inc. The CEO's salary of Neighborhood Housing Services Of New Orleans Inc is $106,415 and their total compensation is $106,415.
Official website here: www.nhsnola.org
What is the revenue of Neighborhood Housing Services Of New Orleans Inc?
Neighborhood Housing Services Of New Orleans Inc's revenue in 2021 was $997,880.
Official website here: www.nhsnola.org
Who are the executives of Neighborhood Housing Services Of New Orleans Inc and what are their salaries?
The average compensation at Neighborhood Housing Services Of New Orleans Inc during 2021 was $47,713. There are 8 employees and 5 volunteers at Neighborhood Housing Services Of New Orleans Inc.
Here are 5 key members and their salaries (Neighborhood Housing Services Of New Orleans Inc's CEO's salary is $106,415 and their total compensation is $106,415):
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- Other: $0
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- Compensation: $106,415
- Related: $0
- Other: $0
Official website here: www.nhsnola.org
Where can I find the form 990 for Neighborhood Housing Services Of New Orleans Inc?
Neighborhood Housing Services Of New Orleans Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.nhsnola.org
Learn more at the official website: www.nhsnola.org
Mission Statement of Neighborhood Housing Services Of New Orleans Inc
Neighborhood Housing Services of New Orleans, Inc. works towards revitalizing communities by increasing the number of homeowners and transforming vacant or substandard properties into sustainable homes. The organization achieves this through informed community development initiatives, leadership development, education, outreach, and collaboration. By doing so, they aim to improve the quality of life for low and modest-income residents in greater New Orleans. Their activities encompass developing below-market-rate single-family houses and apartments, along with renovating homes for affordable ownership or rental. Through technical expertise, training, and targeted home-building, Neighborhood Housing Services of New Orleans, Inc. turns the aspiration of affordable, secure, and happy living places into a reality for those in need.
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Impact
July, 2024
Neighborhood Housing Services Of New Orleans Inc revitalizes communities by increasing the number of homeowners and transforming vacant or substandard properties into sustainable homeownership. They improve quality of life through informed community development initiatives, leadership development, education, outreach, and collaboration. Their impact is seen in the transformation of neighborhoods in Greater New Orleans, making affordable, secure, and happy places to live a reality for low and moderate-income residents. Through their construction projects, they provide below-market-rate single-family houses, apartments, and high-quality renovated homes for ownership or rental, contributing to the overall improvement of the community.
This information is meant to be a general summary of Neighborhood Housing Services Of New Orleans 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 2021.
- Investment Income: $9
- Program Service Revenue: $665,609
- Gross Receipts: $997,880
Assets and Liabilities:
- Total Assets: $899,416
- Total Liabilities: $743,393
- Net Assets: $156,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF PROPERTY
Revenue
$585,157
FEES
Revenue
$80,452
Organization Details
Founding Year
1976
Phone
(504) 899-5900Principal Officer
Amy Batiste
Main Address
4605 FRERET ST, NEW ORLEANS, LA, 70115
Website
www.nhsnola.orgNTEE Category
Code: L81Z - Housing
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