Overview
What is Neighborhood Housing Community Dev Corp?
Neighborhood Housing Community Dev Corp, operating under the name Permanently Affordable Living Kauai, is a nonprofit organization based in Kapaa, Hawaii. Their primary mission is to provide affordable housing solutions and sustainable living opportunities for the local community, aiming to restore hope for the people of Hawaii. They have successfully acquired and rehabilitated a 13-unit complex, known as Kauhale O Kekaha Apartment Community, providing permanent rental housing for households earning 50% of the area median income or below. To further their mission, they collaborated with Kauai Community Alliance Network, part of the Continuum of Care network, to support the homeless. In their first year, they managed to stabilize 11 households from homelessness through this project. With the acquisition of Kekaha, they established the Beyond Housing Program (BHP), which offers a supportive housing environment for all their rental residents, helping them maintain housing stability and improve their economic and social mobility. Additionally, the organization created the Ho'omaluhia Community Land Trust (HCLT) to increase affordability and ensure subsidies are stretched over generations. They also acquired a land parcel and received development entitlements to create lots, and designed house plans for an 11-unit affordable housing for-sale project in Kilauea. With a total of 12 employees, Neighborhood Housing Community Dev Corp is committed to making a meaningful impact on the lives of those in need in Hawaii.
Official website here: www.pal-kauai.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: Not Rated**
Neighborhood Housing Community Development Corporation does not currently have a rating from Charity Navigator, primarily due to insufficient data from e-filed IRS Form 990s for evaluation. It requires either an Accountability & Finance beacon or an Impact & Measurement beacon to be eligible for a rating. The organization only has two years of necessary data filed, highlighting the need for additional fiscal years to be considered for evaluation.
However, the organization has demonstrated a commendable Culture & Community score of 79, indicating a strong focus on equity practices and community engagement. It has reported implementing four equity strategies, which suggests a commitment to fostering inclusivity and addressing community needs. Leadership & Adaptability has not been scored due to the lack of information regarding strategic planning and leadership capabilities.
As there are currently no user reviews available on GreatNonprofits, broader public sentiment is not reflected. Nevertheless, the available financial and operational data suggests a need for more transparency and sustainability in documentation to enhance its evaluation and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Housing Community Dev Corp legitimate?
Neighborhood Housing Community Dev Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Community Dev 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: $159,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,724
For more financial information, click here
Official website here: www.pal-kauai.org
What is the mission statement of Neighborhood Housing Community Dev Corp?
Neighborhood Housing Community Dev Corp's mission is centered around providing homes and sustainable living solutions within reach, aiming to restore hope for individuals in need. The organization has implemented initiatives such as the acquisition and rehabilitation of the Kauhalе O Kekaha Apartment Community, providing permanent rental housing for households earning 50% of the area median income and below. They collaborate with local organizations to bridge the gap for the homeless population, and in their first program year, they managed to stabilize 11 households from homelessness. Furthermore, they established the Beyond Housing Program (BHP), which offers a supportive housing environment for their rental residents, helping them maintain housing stability and improve their economic and social mobility. Additionally, the organization has created the Ho'omaluhia Community Land Trust, aiming to increase affordability and ensure subsidy is stretched over generations.
Official website here: www.pal-kauai.org
Who is the CEO of Neighborhood Housing Community Dev Corp?
Lawrence Graff is the Coo/Vice Pre of Neighborhood Housing Community Dev Corp.
Official website here: www.pal-kauai.org
What is the revenue of Neighborhood Housing Community Dev Corp?
Neighborhood Housing Community Dev Corp's revenue in 2022 was $10,114,286.
Official website here: www.pal-kauai.org
Who are the executives of Neighborhood Housing Community Dev Corp and what are their salaries?
The average compensation at Neighborhood Housing Community Dev Corp during 2022 was $36,527. There are 12 employees and 5 volunteers at Neighborhood Housing Community Dev Corp.
Here are 7 key members and their salaries:
- Compensation: $82,646
- Related: $0
- Other: $6,954
- Compensation: $70,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pal-kauai.org
Where can I find the form 990 for Neighborhood Housing Community Dev Corp?
Neighborhood Housing Community Dev Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pal-kauai.org
Learn more at the official website: www.pal-kauai.org
Mission Statement of Neighborhood Housing Community Dev Corp
Neighborhood Housing Community Dev Corp, a nonprofit organization, is committed to providing homes and sustainable living solutions within reach and restoring hope to the people of Hawaii. Their mission is twofold: firstly, they aim to offer permanent rental housing for households earning 50% of the area median income and below, ensuring that affordable housing is accessible to those who need it most. Secondly, they strive to create a supportive housing environment, such as the Beyond Housing Program, which helps tenants maintain housing stability and improve their economic and social mobility as appropriate.
In addition to providing housing, Neighborhood Housing Community Dev Corp has established the Ho'omaluhia Community Land Trust (HCLT) to increase affordability and ensure subsidies are stretched over generations. By acquiring a land parcel and receiving development entitlements, they have created lots and developed house plans for an 11-unit Kilauea affordable housing for-sale project. With initiatives like these, Neighborhood Housing Community Dev Corp is dedicated to making a significant impact on housing in Hawaii, offering hope and sustainable living solutions to its residents.
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Impact
July, 2024
Neighborhood Housing Community Dev Corp's impact includes stabilizing houseless households in Hawaii by providing permanent rental housing for those earning 50% area median income and below. Through collaborations with local organizations, they have successfully stabilized 11 households from homelessness during the first program year. Additionally, Neighborhood Housing Community Dev Corp has established the Beyond Housing Program (BHP) to support rental residents in maintaining housing stability and improving their economic and social mobility. Furthermore, their initiatives, such as the Ho'omaluohia Community Land Trust (HCLT) and the Kilauea Affordable Housing project, focus on increasing affordability and creating sustainable living solutions for the community in Kapaa, Hawaii.
This information is meant to be a general summary of Neighborhood Housing Community Dev 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: $37
- Program Service Revenue: $224,831
- Gross Receipts: $10,114,286
Assets and Liabilities:
- Total Assets: $11,269,271
- Total Liabilities: $1,988,482
- Net Assets: $9,280,789
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$218,439
LANDLORD INCENTIVES
Revenue
$6,392
Organization Details
Founding Year
2018
Phone
(808) 720-1011Principal Officer
Lawrence Graff
Main Address
PO BOX 2197, KAPAA, HI, 96746
Website
www.pal-kauai.orgNTEE Category
Code: L21 - Housing
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