Overview
What is Nmi Community Developments Corporation?
Nmi Community Developments Corporation is a nonprofit organization that specializes in revitalizing underutilized properties in disadvantaged neighborhoods. Their mission is to construct modern community spaces, addressing the significant shortage of well-sponsored facilities in these areas. These spaces are intended for individuals seeking self-improvement and community development. By transforming neglected properties, Nmi Community Developments Corporation aims to contribute positively to the lives of those residing in high-poverty neighborhoods.
Official website here: www.newmarketinvestors.com
Is Nmi Community Developments Corporation legitimate?
Nmi Community Developments Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nmi Community Developments Corporation 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: $0
For more financial information, click here
Official website here: www.newmarketinvestors.com
What is the mission statement of Nmi Community Developments Corporation?
Nmi Community Developments Corporation's mission is to construct contemporary community facilities from underutilized property in disadvantaged areas. These spaces are essential in high-poverty neighborhoods, where there is a significant lack of well-sponsored areas that encourage self-improvement and community development. The corporation aims to provide a space for individuals seeking to enhance their lives and contribute to their communities.
Official website here: www.newmarketinvestors.com
What is the revenue of Nmi Community Developments Corporation?
Nmi Community Developments Corporation's revenue in 2023 was $0.
Official website here: www.newmarketinvestors.com
Who are the executives of Nmi Community Developments Corporation and what are their salaries?
There 5 volunteers at Nmi Community Developments Corporation.
Here are 5 key members and their salaries:
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Official website here: www.newmarketinvestors.com
Where can I find the form 990 for Nmi Community Developments Corporation?
Nmi Community Developments Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newmarketinvestors.com
Learn more at the official website: www.newmarketinvestors.com
Mission Statement of Nmi Community Developments Corporation
Nmi Community Developments Corporation, an organization with a commendable mission, focuses on transforming underutilized properties in disadvantaged neighborhoods into modern community spaces. These areas, often plagued by high poverty rates, are in dire need of well-sponsored facilities that encourage self-improvement and development among their residents. By constructing these community spaces, Nmi Community Developments Corporation aims to provide a much-needed platform for individuals seeking opportunities to better themselves.
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Impact
October, 2024
Nmi Community Developments Corporation significantly impacts disadvantaged neighborhoods by transforming underutilized properties into modern community spaces that foster growth and self-improvement. In areas marked by high poverty, the organization addresses the critical shortage of well-sponsored venues where individuals can gather, learn, and develop their skills. By creating these accessible community hubs, Nmi enhances social cohesion, encourages personal development, and provides valuable resources for residents seeking to improve their lives. This initiative not only revitalizes neighborhoods but also empowers community members, enabling them to take active roles in their own development and the betterment of their surroundings.
This information is meant to be a general summary of Nmi Community Developments Corporation. 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.
- Program Service Revenue: $355,520
- Gross Receipts: $355,520
Assets and Liabilities:
- Total Assets: $1,872,316
- Total Liabilities: $12,880
- Net Assets: $1,859,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM INVESTMENT
Revenue
$355,520
Organization Details
Founding Year
2017
Principal Officer
Michael P Alexander
Website
www.newmarketinvestors.comNTEE Category
Code: L20 - Housing
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