Overview
What is Neighborhood Housing Services Inc Of Gf?
Neighborhood Housing Services Inc of GF, or NeighborWorks Great Falls, is a dedicated nonprofit organization based in Great Falls, Montana. Their mission is centered around fostering strong neighborhoods and successful homeowners by promoting and developing quality affordable housing. In the fiscal year 2022, they accomplished significant achievements, such as constructing three affordable family homes, completing ten Self-Help Sweat Equity Homes, and guiding 272 families through homebuyer education courses. Additionally, they enrolled 367 families in financial coaching programs and assisted 52 households in avoiding foreclosures or reverse mortgages. NeighborWorks Great Falls also offers a Match Savings Program, counseling 108 families into first-time homeownership and managing or collaborating with other organizations on 447 affordable apartment units. With a team of 23 dedicated individuals, NeighborWorks Great Falls continuously strives to improve and expand its affordable housing initiatives.
Official website here: www.nwgf.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Neighborhood Housing Services Inc Of Gf has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 95% in these areas, the organization demonstrates effective governance practices, including an entirely independent board and comprehensive policies regarding conflict of interest and whistleblower protections.
The nonprofit's financial health is highlighted by its low liabilities to assets ratio of 25.90%, indicating solid financial stability. Additionally, a significant portion of its expenses, 66.22%, is directed towards programs, underscoring its commitment to impactful service delivery rather than administrative costs.
While the organization has shown commendable strengths, the program expense ratio received a lower score of 20 out of 25, suggesting there may be room for improvement in maximizing the funds allocated directly to programmatic efforts. Overall, Neighborhood Housing Services Inc Of Gf is portrayed as a responsible and well-managed organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Neighborhood Housing Services Inc Of Gf?
100% of the 25 reviewers on Facebook recommend Neighborhood Housing Services Inc Of Gf. Here is a summary of their reviews:
Many users praise the Neighborworks Home Buyer class, describing it as an incredible and informative experience. Participants feel that the class provides valuable knowledge, making them confident in their homebuying journey.
Overall, the organization appears to deliver on its promise of education and support, leaving users feeling satisfied and empowered. It's clear that the services offered are highly regarded among those who have engaged with them.
This AI summary has been generated from reviews found on Facebook.
Is Neighborhood Housing Services Inc Of Gf legitimate?
Neighborhood Housing Services Inc Of Gf is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Inc Of Gf 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: $228,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $724,995
For more financial information, click here
Official website here: www.nwgf.org/
What is the mission statement of Neighborhood Housing Services Inc Of Gf?
Neighborhood Housing Services Inc Of Gf, through its mission, aims to foster strong neighborhoods and successful homeowners. They achieve this by actively developing and promoting quality, affordable housing. In the fiscal year 2022, they completed three affordable family homes, constructed ten self-help sweat equity homes, and educated 272 families on homebuying. Additionally, they enrolled 367 families in financial coaching, assisted 52 households in foreclosure or reverse mortgage situations, and helped 29 homebuyers participate in a savings program. Furthermore, they counseled 108 families towards becoming first-time homeowners and continued to manage or collaborate on 447 affordable apartment units.
Official website here: www.nwgf.org/
Who is the CEO of Neighborhood Housing Services Inc Of Gf?
Sherrie Arey is the President of Neighborhood Housing Services Inc Of Gf.
Official website here: www.nwgf.org/
What is the revenue of Neighborhood Housing Services Inc Of Gf?
Neighborhood Housing Services Inc Of Gf's revenue in 2022 was $2,488,435.
Official website here: www.nwgf.org/
Who are the executives of Neighborhood Housing Services Inc Of Gf and what are their salaries?
The average compensation at Neighborhood Housing Services Inc Of Gf during 2022 was $41,451. There are 23 employees and 500 volunteers at Neighborhood Housing Services Inc Of Gf.
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Official website here: www.nwgf.org/
Where can I find the form 990 for Neighborhood Housing Services Inc Of Gf?
Neighborhood Housing Services Inc Of Gf's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwgf.org/
Learn more at the official website: www.nwgf.org/
Mission Statement of Neighborhood Housing Services Inc Of Gf
Neighborhood Housing Services Inc Of Gf, often referred to as NeighborWorks Great Falls, is committed to fostering strong communities and successful homeowners. Their mission revolves around developing and promoting quality, affordable housing. By undertaking this task, the organization aims to create thriving neighborhoods where homeowners can flourish. In the fiscal year 2022, NeighborWorks Great Falls demonstrated their commitment by completing three affordable family homes, constructing ten self-help sweat equity homes, educating 272 families in homebuying courses, and enrolling 367 families in financial coaching sessions. Their efforts extended to assisting 52 households facing foreclosure or reverse mortgages, helping 29 families participate in a match savings program, and guiding 108 families towards first-time homeownership. Furthermore, NeighborWorks Great Falls continues to oversee or collaborate with other organizations on 447 affordable apartment units, demonstrating their dedication to providing affordable housing solutions.
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Impact
July, 2024
Neighborhood Housing Services Inc Of Gf, operating under the mission of creating strong neighborhoods and successful homeowners by developing and promoting quality affordable housing, has made a significant impact in Great Falls. In fiscal year 2022, this organization completed 3 affordable family homes and 10 self-help sweat equity homes, graduated 272 families from homebuyer education courses, enrolled 367 families in financial coaching, assisted 52 households with foreclosure or reverse mortgages, facilitated a match savings program for 29 homebuyers, counseled 108 families into first-time homeownership, and maintained ownership or partnerships for 447 affordable apartment units. These accomplishments demonstrate a tangible and vital contribution towards addressing housing needs and fostering vibrant communities in Great Falls, Montana.
This information is meant to be a general summary of Neighborhood Housing Services Inc Of Gf. 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: -$58,776
- Program Service Revenue: $1,011,172
- Gross Receipts: $4,771,557
Assets and Liabilities:
- Total Assets: $21,930,570
- Total Liabilities: $5,934,852
- Net Assets: $15,995,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM SERVICE REV
Revenue
$513,580
GOVERNMENT CONTRACT INCOME
Revenue
$151,070
INTEREST ON LOANS
Revenue
$112,510
DEBT FORGIVENESS INCOME
Revenue
$79,000
DEVELOPMENT AND DESIGN FEES
Revenue
$58,265
Organization Details
Founding Year
1980
Phone
(406) 761-5861Principal Officer
Sherrie Arey
Main Address
509 1ST AVE SOUTH, GREAT FALLS, MT, 59401
Website
www.nwgf.org/NTEE Category
Code: L800 - Housing
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