Overview
What is Neighborhoods Of Hope Community Housing?
Neighborhoods Of Hope Community Housing is a nonprofit organization situated in Kansas City, Missouri. Their primary goal is to offer quality housing and support services to low and moderate-income individuals and families, aiming to improve their overall well-being and longevity. They achieve this through their mission, which includes providing housing specifically tailored to meet the physical, social, and physiological needs of their residents. Their initiatives include managing three single-family homes in the area. The organization's mission is to promote the health, security, happiness, and usefulness of these individuals and families, ensuring they can live comfortably and securely.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Star Rating)
Neighborhoods Of Hope Community Housing has received a one-star rating from Charity Navigator, indicating significant concerns regarding their overall performance and accountability. While the organization has a perfect score for board independence and governance policies, its financial metrics raise red flags, particularly the program expense ratio, which stands at only 37.42%. This low percentage suggests that a significant portion of their resources may not be directed towards their mission-related programs.
On the positive side, the nonprofit has established strong governance practices, including a fully independent board and comprehensive policies for conflict of interest and whistleblower protections. These aspects demonstrate a commitment to transparency and ethical management, which are essential for fostering trust among donors and stakeholders. The absence of material asset diversion also reflects good fiscal integrity.
However, the organization faces challenges in effectively utilizing its funds, as indicated by the liabilities to assets ratio of 0.04%. This could signal potential financial instability or inefficiencies in program implementation. Overall, while Neighborhoods Of Hope Community Housing shows promise in governance, it must address its financial performance to improve its rating and better serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhoods Of Hope Community Housing legitimate?
Neighborhoods Of Hope Community Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhoods Of Hope Community Housing 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: $26,813
For more financial information, click here
What is the mission statement of Neighborhoods Of Hope Community Housing?
Neighborhoods Of Hope Community Housing is dedicated to offering affordable housing and essential services to low and moderate-income individuals and families. Their mission is to enhance their physical, social, and psychological well-being, aiming to improve their health, security, happiness, and overall usefulness in life. They operate on a non-profit basis, providing housing and services specifically tailored to meet the unique needs of each resident. Their goal is to promote a better quality of life for these individuals, enabling them to live with dignity and independence for a longer period. The organization offers various programs, as demonstrated by their three single-family homes in Kansas City, MO.
Who is the CEO of Neighborhoods Of Hope Community Housing?
Doug Evenson is the President of Neighborhoods Of Hope Community Housing.
What is the revenue of Neighborhoods Of Hope Community Housing?
Neighborhoods Of Hope Community Housing's revenue in 2023 was -$6,481.
Who are the executives of Neighborhoods Of Hope Community Housing and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Neighborhoods Of Hope Community Housing?
Neighborhoods Of Hope Community Housing's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Neighborhoods Of Hope Community Housing
Neighborhoods of Hope Community Housing is a non-profit organization committed to providing quality housing and essential services to low and moderate-income individuals and families. Their mission is to cater to the physical, social, and physiological needs of these individuals, aiming to enhance their health, security, happiness, and overall usefulness in their lives. The organization's approach is tailored to promote longer living, ensuring a holistic and comprehensive approach to their clients' well-being. They offer a range of services beyond housing, striving to meet the diverse needs of their clientele. As of now, their programs include three single-family homes in Kansas City, MO, demonstrating their dedication to making a positive impact in the lives of those they serve.
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Impact
October, 2024
Neighborhoods Of Hope Community Housing significantly impacts low and moderate-income individuals and families by providing quality housing that addresses their physical, social, and psychological needs. Located in Kansas City, MO, the initiative aims to foster health, security, and happiness within the community. By offering tailored services and well-maintained living environments, it enhances the overall quality of life for residents. The program's approach not only supplies stable housing but also promotes long-term well-being and a sense of purpose among its members, ultimately contributing to a thriving community where individuals can achieve their full potential.
This information is meant to be a general summary of Neighborhoods Of Hope Community Housing. 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: -$21,481
- Program Service Revenue: $15,000
- Gross Receipts: $251,000
Assets and Liabilities:
- Total Assets: $269,250
- Total Liabilities: $125
- Net Assets: $269,125
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$15,000
Organization Details
Founding Year
2016
Phone
(816) 221-4377Principal Officer
Doug Evenson
Main Address
4001 BLUE PARKWAY 250, KANSAS CITY, MO, 64130
NTEE Category
Code: L21 - Housing
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