Overview
What is Neighborhood Housing Services Of Di?
Neighborhood Housing Services of Dimmit is a dedicated nonprofit organization, situated in an unspecified location. Their primary mission is to stimulate the community's economy and housing sector. They achieve this goal by managing various properties, such as rented office spaces for non-profits and government organizations, and apartments designed for individuals with low income. Furthermore, they provide an intermediate relending program to offer small business loans, thereby fostering local entrepreneurship. In summary, Neighborhood Housing Services of Dimmit plays a pivotal role in revitalizing its community's economic and housing landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Neighborhood Housing Services Of Di has received a low rating due to a number of significant shortcomings in its accountability and financial practices. While the organization boasts a fully independent board, which is a positive indicator of governance, it falls short in essential areas such as financial transparency, with no financial statements available for review. This lack of documentation contributes to its overall low score in the Accountability & Finance category.
Despite achieving a relatively high program expense ratio, which indicates that a significant portion of its expenses goes towards programs rather than administrative costs, the organization faces critical issues with its financial reporting. The absence of a website link on its tax form and missing policies for document retention and destruction are notable weaknesses. Additionally, while it has established a conflict of interest and whistleblower policies, the overall lack of available financial information raises concerns about its operational transparency.
In summary, while Neighborhood Housing Services Of Di has strengths in board independence and program spending, its failure to provide financial statements and other key documentation significantly detracts from its accountability. Prospective donors and supporters should approach with caution, considering these limitations before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Housing Services Of Di legitimate?
Neighborhood Housing Services Of Di is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Di 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: $69,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $93,786
For more financial information, click here
What is the mission statement of Neighborhood Housing Services Of Di?
Neighborhood Housing Services of [an unspecified location] focuses on revitalizing the economic and housing sector of its community. This is achieved through the management of various properties, such as rented office spaces for non-profit organizations and government entities, as well as apartments designed for low-income individuals. Additionally, the organization offers an intermediate relending program to provide small business loans, thereby contributing to the local entrepreneurial landscape. In essence, Neighborhood Housing Services aims to enhance the community's overall well-being by improving its economic and housing infrastructure.
Who is the CEO of Neighborhood Housing Services Of Di?
Manuel Estrada Jr is the Executive Director of Neighborhood Housing Services Of Di.
What is the revenue of Neighborhood Housing Services Of Di?
Neighborhood Housing Services Of Di's revenue in 2022 was $813,497.
Who are the executives of Neighborhood Housing Services Of Di and what are their salaries?
The average compensation at Neighborhood Housing Services Of Di during 2022 was $54,262. There are 3 employees at Neighborhood Housing Services Of Di.
Here are 8 key members and their salaries:
- Compensation: $69,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Neighborhood Housing Services Of Di?
Neighborhood Housing Services Of Di's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Neighborhood Housing Services Of Di
Neighborhood Housing Services of Di, a notable organization, is committed to revitalizing the economy and housing sector of its community. They achieve this by managing a variety of properties, including leased office spaces for non-profit organizations and government agencies, as well as apartments designed for low-income individuals. Additionally, the organization offers an intermediate relending program, which provides small business loans, further contributing to the community's economic growth. In essence, Neighborhood Housing Services of Di plays a significant role in fostering a thriving and sustainable community by promoting affordable housing options and supporting local businesses.
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Impact
July, 2024
Neighborhood Housing Services Of Di's impact can be seen in the economic and housing revitalization of the community. Through managing properties that include rented office spaces for non-profits and government organizations, as well as apartments for low-income individuals, the organization plays a crucial role in providing affordable and stable housing options. Additionally, their intermediate relending program offers small business loans, contributing to the growth of local businesses and overall economic development in Carrizo Springs, TX.
This information is meant to be a general summary of Neighborhood Housing Services Of Di. 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: $468
- Program Service Revenue: $813,029
- Gross Receipts: $813,497
Assets and Liabilities:
- Total Assets: $2,811,704
- Total Liabilities: $1,901,672
- Net Assets: $910,032
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$28,691
RENTAL INCOME
Revenue
$340,758
LOAN SERVICE FEES
Revenue
$2,002
CONSTRUCTION INCOME
Revenue
$441,346
Organization Details
Founding Year
1986
Phone
(830) 876-5295Principal Officer
Manuel Estrada Jr
Main Address
301 PENA STREET, CARRIZO SPRINGS, TX, 78834
NTEE Category
Code: L20 - Housing
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