Overview
What is Neighborhood Recovery Communit Development Corp?
Neighborhood Recovery Community Development Corp is a nonprofit organization situated in Houston, dedicated to revitalizing inner-city neighborhoods. Their primary focus lies in providing affordable housing and fostering community development, aiming to improve the living conditions of the residents in these areas. The organization's mission is to revitalize the city's neighborhoods, thereby contributing positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
Neighborhood Recovery Community Development Corp has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and financial management. With a score of 83% in Accountability & Finance and an impressive 100% in Culture & Community, the nonprofit demonstrates strong governance and engagement practices. Their program expense ratio of 91.36% shows that a significant portion of their funds is directed towards fulfilling their mission.
The organization excels in feedback collection and usage, scoring 100 in both categories, highlighting their commitment to community involvement and responsiveness. Additionally, their policies on conflict of interest, document retention, and strong equity strategies underscore a dedication to transparency and ethical management.
However, the Accountability & Finance score of 73 suggests there may be areas for improvement in financial practices or transparency. While their Culture & Community score is exemplary, potential donors and supporters should consider this aspect when evaluating the nonprofit's overall performance and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Recovery Communit Development Corp legitimate?
Neighborhood Recovery Communit Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Recovery Communit Development Corp 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: $130,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $741,012
For more financial information, click here
What is the mission statement of Neighborhood Recovery Communit Development Corp?
The Neighborhood Recovery Community Development Corp's mission is centered around revitalizing inner city neighborhoods. They accomplish this by providing affordable housing and engaging in community development projects. Their primary goal is to enhance the living conditions and overall well-being of the community residents in Houston. The corporation strives to improve the urban landscape and create sustainable living environments, thereby contributing to the betterment of the community as a whole.
Who is the CEO of Neighborhood Recovery Communit Development Corp?
Deon Warner is the Principal Officer of Neighborhood Recovery Communit Development Corp.
What is the revenue of Neighborhood Recovery Communit Development Corp?
Neighborhood Recovery Communit Development Corp's revenue in 2022 was $2,614,847.
Who are the executives of Neighborhood Recovery Communit Development Corp and what are their salaries?
The average compensation at Neighborhood Recovery Communit Development Corp during 2022 was $58,067. There are 15 employees at Neighborhood Recovery Communit Development Corp.
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Where can I find the form 990 for Neighborhood Recovery Communit Development Corp?
Neighborhood Recovery Communit Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Neighborhood Recovery Communit Development Corp
Neighborhood Recovery Community Development Corp is committed to revitalizing inner city neighborhoods by providing affordable housing and fostering community development. This mission-driven organization seeks to enhance the living conditions and quality of life for residents by investing in affordable housing projects and initiating community development efforts. By doing so, Neighborhood Recovery Community Development Corp aims to breathe new life into struggling neighborhoods and create a sense of community and belonging among its inhabitants.
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Impact
July, 2024
Neighborhood Recovery Community Development Corp's impact is seen in revitalizing inner-city neighborhoods in Houston through the provision of affordable housing and community development initiatives. Their focus on providing affordable housing helps improve living conditions for residents and contributes to the overall revitalization of these communities. Through their efforts, they are making a positive difference in the lives of individuals and families in need of stable and affordable housing options.
This information is meant to be a general summary of Neighborhood Recovery Communit Development Corp. 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: $19,669
- Program Service Revenue: $1,954,749
- Gross Receipts: $2,614,847
Assets and Liabilities:
- Total Assets: $10,663,842
- Total Liabilities: $5,579,637
- Net Assets: $5,084,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY DEVELOPE
Revenue
$1,927,311
MISCELLANEOUS INCOM
Revenue
$27,438
Organization Details
Founding Year
1991
Principal Officer
Deon Warner
Main Address
5445 ALMEDA RD STE 505, Houston, TX, 77004
NTEE Category
Code: P20Z - Human services
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