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Neighborhood

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823268779 ✦ Chesapeake, VA ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood?

Neighborhood is a nonprofit organization situated in Chesapeake, Virginia. Their primary mission is to empower local residents by offering a three-step career development program, encompassing personal growth, skill training, and career launch. In 2022, 12 individuals started the program, and 9 ultimately graduated. Additional training began in the fall of the same year with 15 participants. The organization's primary objective is to help residents secure employment in livable-wage careers through skill training and community support.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. Overall score: 67%, earning it a Two-Star out of Four Star rating. The organization received a perfect score in the Accountability & Finance category, indicating strong governance practices with a fully independent board and effective financial management. They have no material diversion of assets and maintain a low liabilities to assets ratio.

Despite these strengths, the nonprofit faces challenges in its program expense ratio, scoring only 6 out of 25 points, which suggests that a smaller portion of their expenses is allocated to programs. Additionally, the absence of critical policies such as a whistleblower policy and document retention and destruction practices raises concerns about transparency and operational effectiveness.

The financial compensation for key personnel is notable, with the COO earning $116,000 and the CEO earning $92,500, which could impact public perception regarding salary allocations versus program funding. Overall, while the organization demonstrates strong accountability, it will need to address its program spending and policy gaps to improve its standing.


This AI summary has been generated from information found on Charity Navigator.

Is Neighborhood legitimate?

Neighborhood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood 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: $19,800
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Neighborhood?

The mission of Neighborhood is centered around providing skill training and community support to its residents. This mission aims to help these individuals secure gainful employment in careers offering a living wage. Neighborhood implements a three-step process known as career pathways, which involves personal development, skill training, and career launch. The organization has already initiated this process, with 12 participants, referred to as "Leaders," completing the first class of 2022, and 15 more joining the training in Fall 2022.

Who is the CEO of Neighborhood?

Joshua Jones is the Chief Operating Officer of Neighborhood. The CEO's salary of Neighborhood is $92,500 and their total compensation is $92,500.

What is the revenue of Neighborhood?

Neighborhood's revenue in 2022 was $610,808.

Who are the executives of Neighborhood and what are their salaries?

There are 3 employees and 24 volunteers at Neighborhood.


Here are 8 key members and their salaries (Neighborhood's CEO's salary is $92,500 and their total compensation is $92,500):


Stephen Green (Chief Operating Officer)
  • Compensation: $116,000
  • Related: $0
  • Other: $0
Michael Senecal (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Jones (Chief Executive Officer)
  • Compensation: $92,500
  • Related: $0
  • Other: $0
Lakeisha Carey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ului Latu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Benson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Trotman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Neighborhood?

Neighborhood's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Neighborhood

Neighborhood, a nonprofit organization, is committed to providing skill training and community support to its residents. The primary goal is to enable residents to secure employment in living-wage careers. This mission is accomplished through a three-step process referred to as career pathways. This process includes personal development, skill training, and career launch. The organization selected 12 individuals as the first class of 2022, with nine of them successfully completing the program. Subsequently, 15 individuals began their training in the fall of the same year. Neighborhood's mission is to empower its residents, providing them with the necessary tools to secure stable and well-paying jobs, thereby improving their livelihoods.

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Impact




July, 2024

Neighborhood's impact can be seen in the lives of residents in CHESAPEAKE, VA who have gained access to skill training and community support through its programs. By providing a structured pathway for personal development, skill training, and launching careers, Neighborhood has empowered individuals to secure gainful employment in living-wage careers. The successful graduation of participants from the program showcases the tangible impact of Neighborhood in creating opportunities for economic advancement and stability in the community.




This information is meant to be a general summary of Neighborhood. 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.

Revenue
$610,808 (2022)
Expenses
$481,370 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,607
  • Gross Receipts: $612,415

Assets and Liabilities:

  • Total Assets: $318,761
  • Total Liabilities: $0
  • Net Assets: $318,761

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Organization Details

Founding Year

2017

Principal Officer

Joshua Jones

Main Address

PO Box 5731, Chesapeake, VA, 23324

NTEE Category

Code: J20 - Employment

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