Overview
What is Neighborhood Housing Services Of San Antonio Inc?
Neighborhood Housing Services of San Antonio Inc. is a locally-governed, private organization established under state laws. Its primary focus is on special lending and the development of affordable housing within the community. As a privately controlled entity, it plays a significant role in addressing the housing needs of the San Antonio community, aiming to create more accessible and affordable living spaces for its residents.
Official website here: www.nhsofsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating).
Neighborhood Housing Services Of San Antonio Inc has achieved an impressive 97% rating from Charity Navigator, highlighting its strong performance in both accountability and community engagement. The rating is a reflection of the organization's commitment to transparency, with 100% independent board members and a well-structured oversight mechanism. Their high program expense ratio of 78.77% indicates that a significant majority of funds are directed towards their mission-driven programs.
The organization has also established robust feedback mechanisms, earning perfect scores in feedback collection and usage, as well as in their equity strategies. This suggests a proactive approach to community involvement and responsiveness to the needs of the neighborhoods they serve. Their comprehensive policies, including conflict of interest and whistleblower policies, further demonstrate their dedication to ethical governance.
While the data indicates strong financial health and operational integrity, it is crucial for potential donors and supporters to consider ongoing community impact and program outcomes. Overall, Neighborhood Housing Services Of San Antonio Inc stands out as a trustworthy nonprofit with solid foundations and effective practices in place.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Housing Services Of San Antonio Inc legitimate?
Neighborhood Housing Services Of San Antonio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of San Antonio 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: $378,237
For more financial information, click here
Official website here: www.nhsofsa.org
What is the mission statement of Neighborhood Housing Services Of San Antonio Inc?
Neighborhood Housing Services of San Antonio Inc, as a locally controlled private corporation, primarily focuses on special lending and affordable housing development. Its mission, as outlined, is to contribute to this field. The organization's main objective is to promote housing affordability within its scope of operations. While specific details about its mission are not provided in the information, it can be inferred that Neighborhood Housing Services of San Antonio Inc aims to make housing more accessible and affordable for its community. However, further information is needed to provide a more comprehensive summary of its mission statement.
Official website here: www.nhsofsa.org
What is the revenue of Neighborhood Housing Services Of San Antonio Inc?
Neighborhood Housing Services Of San Antonio Inc's revenue in 2023 was $288,661.
Official website here: www.nhsofsa.org
Who are the executives of Neighborhood Housing Services Of San Antonio Inc and what are their salaries?
The average compensation at Neighborhood Housing Services Of San Antonio Inc during 2023 was $31,520. There are 12 employees and 12 volunteers at Neighborhood Housing Services Of San Antonio Inc.
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Official website here: www.nhsofsa.org
Where can I find the form 990 for Neighborhood Housing Services Of San Antonio Inc?
Neighborhood Housing Services Of San Antonio Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nhsofsa.org
Learn more at the official website: www.nhsofsa.org
Mission Statement of Neighborhood Housing Services Of San Antonio Inc
Neighborhood Housing Services of San Antonio Inc, as a private corporation, is governed by state laws and operates with a local control structure. Its primary focus lies in the realm of special lending and affordable housing development. This mission aims to positively impact the community by providing access to affordable housing options and facilitating lending opportunities. This organization serves as a vital resource for individuals and families seeking to secure stable housing, contributing to the overall well-being and prosperity of the community.
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Impact
July, 2024
Neighborhood Housing Services Of San Antonio Inc has a significant impact on the community by providing special lending and affordable housing development services. Their focus on helping individuals and families access affordable housing solutions plays a crucial role in improving the overall well-being and stability of the community. Through their activities, they contribute to addressing housing challenges and promoting sustainable neighborhoods in San Antonio, TX.
This information is meant to be a general summary of Neighborhood Housing Services Of San Antonio 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 2023.
- Investment Income: $124,716
- Program Service Revenue: -$56,199
- Gross Receipts: $288,661
Assets and Liabilities:
- Total Assets: $7,250,636
- Total Liabilities: $1,224,239
- Net Assets: $6,026,397
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF PROPERTIES
Revenue
$749,700
INTEREST, LOAN ORIGINATION AND SERVICING FEES
Revenue
$143,504
LESS-COST OF PROPERTIES SOLD
Revenue
-$949,403
Organization Details
Founding Year
1985
Principal Officer
Norma Ponce
Website
www.nhsofsa.orgNTEE Category
Code: L820 - Housing
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