Overview
What is Neighborworks Housing Services Of Pueblo Inc?
Neighborworks Housing Services Of Pueblo Inc is a distinguished nonprofit organization situated in Pueblo, Colorado. With a mission to promote healthy, vibrant neighborhoods and serve as a leading resource for homebuyers in Southern Colorado, they offer a range of services. Their four main pillars include education, building, lending, and engagement. The education segment involves HUD-certified housing counselors who guide homebuyers throughout the home purchasing process, providing financial fitness classes, rental education, and foreclosure education. They are currently constructing two subdivisions, Hyde Park Gardens and Pikes Peak Park, on Pueblo's west side. Their lending arm, Southern Colorado Community Lending, offers various loans such as mortgages, rehab loans, and business loans. Neighborworks Housing Services Of Pueblo Inc also engages with the community through activities like a community garden and the Bessemer food pantry, which provides essential food supplies to those in need. In the fiscal year 2022, they served 821 families through pre-purchase, post-purchase, financial capability or foreclosure counseling, helping to create 579 new homeowners and building 21 new single-family homes. Their initiatives have led to the creation or maintenance of 373 jobs in the community.
Official website here: www.nwsoco.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 87% (Three-Star out of Four Star rating)
Neighborworks Housing Services of Pueblo Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization boasts a 100% independent board, ensuring that governance is maintained without conflicts of interest. Additionally, it has a commendable program expense ratio of 78.17%, indicating that a significant portion of its funds are directed towards its programs rather than administrative costs.
The organization demonstrates solid financial oversight with a perfect score for audit and oversight practices. Key policies such as whistleblower, conflict of interest, and document retention are well-established, contributing to its transparency and operational integrity.
However, the organization faces challenges regarding its liabilities to assets ratio, which stands at 62.59%. While this is not uncommon in the nonprofit sector, it may indicate a need for improved financial management or fundraising strategies to enhance its financial stability. Overall, Neighborworks Housing Services of Pueblo Inc appears to be a responsible organization making strides in its mission to provide housing solutions.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborworks Housing Services Of Pueblo Inc legitimate?
Neighborworks Housing Services Of Pueblo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborworks Housing Services Of Pueblo Inc 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: $125,728
Professional Fundraising Fees: $0
Other Salaries and Wages: $661,093
For more financial information, click here
Official website here: www.nwsoco.org
What is the mission statement of Neighborworks Housing Services Of Pueblo Inc?
Neighborworks Housing Services of Pueblo Inc is dedicated to promoting healthy, vibrant neighborhoods and serving as a leading resource for homebuyers in Southern Colorado. Their mission is achieved through four key pillars: education, building, lending, and engagement. Their HUD-certified counselors offer educational programs for homebuyers, financial fitness classes, rental education, and foreclosure education. They are currently constructing Hyde Park Gardens, a small subdivision, and will begin construction on Pikes Peak Park, a larger subdivision, this year. Their lending arm, Southern Colorado Community Lending, provides mortgages, rehab loans, and business loans. The organization engages with the community through various activities such as a community garden and the Bessemer food pantry, which provides food to those in need.
Official website here: www.nwsoco.org
Who is the CEO of Neighborworks Housing Services Of Pueblo Inc?
Ashleigh Winans is the President of Neighborworks Housing Services Of Pueblo Inc. The CEO's salary of Neighborworks Housing Services Of Pueblo Inc is $107,885 and their total compensation is $111,102.
Official website here: www.nwsoco.org
What is the revenue of Neighborworks Housing Services Of Pueblo Inc?
Neighborworks Housing Services Of Pueblo Inc's revenue in 2022 was $1,909,212.
Official website here: www.nwsoco.org
Who are the executives of Neighborworks Housing Services Of Pueblo Inc and what are their salaries?
The average compensation at Neighborworks Housing Services Of Pueblo Inc during 2022 was $43,712. There are 18 employees and 969 volunteers at Neighborworks Housing Services Of Pueblo Inc.
Here are 10 key members and their salaries (Neighborworks Housing Services Of Pueblo Inc's CEO's salary is $107,885 and their total compensation is $111,102):
- 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
- 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: $107,885
- Related: $0
- Other: $3,217
Official website here: www.nwsoco.org
Where can I find the form 990 for Neighborworks Housing Services Of Pueblo Inc?
Neighborworks Housing Services Of Pueblo Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwsoco.org
Learn more at the official website: www.nwsoco.org
Mission Statement of Neighborworks Housing Services Of Pueblo Inc
Neighborworks Housing Services Of Pueblo Inc is committed to promoting healthy, vibrant neighborhoods and establishing itself as a leading resource for homebuyers in Southern Colorado. Their mission is multifaceted, encompassing four key areas: education, construction, lending, and community engagement. Through their HUD-certified housing counselors, they offer educational resources to homebuyers throughout the home-purchasing process, as well as financial fitness classes, rental education, and foreclosure counseling.
In addition to education, Neighborworks Housing Services Of Pueblo Inc is actively involved in construction projects. They are currently building Hyde Park Gardens, a small subdivision on Pueblo's west side, and plan to commence construction on Pikes Peak Park, a larger subdivision, later this year. Furthermore, their lending arm, Southern Colorado Community Lending, offers a variety of loans, including mortgages, rehab loans, and business loans.
The organization also engages with its community through various activities. For instance, they maintain a community garden and operate the Bessemer food pantry, providing essential resources to those in need. By promoting healthy neighborhoods, offering homebuyer resources, and engaging with the community, Neighborworks Housing Services Of Pueblo Inc aims to be a trusted and essential organization in Southern Colorado.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Neighborworks Housing Services Of Pueblo Inc plays a crucial role in promoting healthy, vibrant neighborhoods and serving as a top resource for homebuyers in Southern Colorado. Through their pillars of educating, building, lending, and engaging, they have made a significant impact. In the realm of affordable housing, they have educated 821 families in pre-purchase, post-purchase, financial capability, or foreclosure counseling in FY 2022, leading to the creation of 579 new homeowners. Additionally, they have built 21 new single-family homes in Pueblo, improved 1 owner-occupied and rental homes with basic repairs, and created or maintained 373 jobs. Their lending arm, Southern Colorado Community Lending, provided $777,687 in commercial lending in FY 2022. Through activities like a community garden and a food pantry, they actively engage with and support the community, making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Neighborworks Housing Services Of Pueblo Inc. 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: $198,606
- Program Service Revenue: $304,488
- Gross Receipts: $6,391,934
Assets and Liabilities:
- Total Assets: $9,050,981
- Total Liabilities: $4,343,904
- Net Assets: $4,707,077
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lending fees and interest income
Revenue
$182,288
Rental income
Revenue
$88,720
Education and clinics
Revenue
$33,480
Organization Details
Founding Year
1977
Phone
(719) 544-8078Principal Officer
Ashleigh Winans
Main Address
1241 E Routt Ave, Pueblo, CO, 81004
Website
www.nwsoco.orgNTEE Category
Code: L800 - Housing
If you are a representative of Neighborworks Housing Services Of Pueblo Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.