Overview
What is Nevada Hand Inc?
Nevada Hand Inc, a nonprofit organization based in Las Vegas, Nevada, is dedicated to providing affordable housing opportunities for low to moderate income individuals, seniors, and families. With a workforce of 81 individuals, Nevada Hand Inc develops and manages housing projects, ensuring that these communities offer essential living spaces for those in need. Beyond housing, Nevada Hand Inc also offers resident services to enhance the overall well-being of the communities they serve. By providing affordable housing and supportive services, Nevada Hand Inc aims to contribute positively to the lives of its residents and promote social equity in the community.
Official website here: www.nevadahand.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (56%)
Nevada Hand Inc has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its financial management. While the organization boasts a fully independent board and a robust audit and oversight committee, its overall financial health appears to be a critical issue, particularly reflected in its high liabilities to assets ratio and very low program expense ratio, suggesting limited funds are directed towards its programs.
The organization demonstrates notable strengths in governance practices, including having a conflict of interest policy and whistleblower policy in place, both of which are essential for transparency and accountability. However, the absence of the tax form on its website is a drawback that could hinder public trust and insight into its financial operations.
Overall, while Nevada Hand Inc shows a commitment to proper governance, the financial metrics raise red flags that potential donors and stakeholders should consider carefully. Increased focus on program expenditures and financial stability may be necessary for this nonprofit to improve its standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Nevada Hand Inc?
88% of 28 reviewers on Facebook recommend Nevada Hand Inc. Here is a summary of their reviews:
Many supporters express heartfelt gratitude for the quick and effective actions taken by the organization, especially in urgent situations affecting elderly residents. One reviewer emphasizes how Nevada Hand Inc. addressed a potentially severe situation regarding rent increases for multiple seniors, highlighting the nonprofit's commitment to their well-being and integrity. This swift resolution not only alleviated immediate concerns but also helped restore trust in the organization.
Overall, feedback indicates a strong appreciation for the nonprofit's dedication to its mission. Reviewers note that Nevada Hand Inc. truly cares about the welfare of its residents, which has positively impacted the lives of those they serve. This dedication to service and community needs has left many feeling hopeful and thankful for the support provided.
This AI summary has been generated from reviews found on Facebook.
Is Nevada Hand Inc legitimate?
Nevada Hand Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nevada Hand 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: $2,995,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,345,567
For more financial information, click here
Official website here: www.nevadahand.org
What is the mission statement of Nevada Hand Inc?
Nevada Hand Inc, as a nonprofit entity, is dedicated to developing affordable housing for seniors and families with low to moderate incomes. The organization plays an active role in providing resident services to communities it owns or operates. Its primary mission is to enhance living conditions for these groups by managing the development of various projects that offer home ownership opportunities. This allows low to moderate income individuals, seniors, and families to secure housing, thereby improving their overall quality of life.
Official website here: www.nevadahand.org
Who is the CEO of Nevada Hand Inc?
Megan Schimick is the Chairman of Nevada Hand Inc. The CEO's salary of Nevada Hand Inc is $525,750 and their total compensation is $552,441.
Official website here: www.nevadahand.org
What is the revenue of Nevada Hand Inc?
Nevada Hand Inc's revenue in 2022 was $4,567,076.
Official website here: www.nevadahand.org
Who are the executives of Nevada Hand Inc and what are their salaries?
The average compensation at Nevada Hand Inc during 2022 was $53,593. There are 81 employees at Nevada Hand Inc.
Here are 26 key members and their salaries (Nevada Hand Inc's CEO's salary is $525,750 and their total compensation is $552,441):
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- Compensation: $525,750
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- Other: $26,691
- Compensation: $359,049
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- Compensation: $355,653
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- Other: $11,893
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- Compensation: $220,703
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- Compensation: $176,838
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- Other: $14,875
- Compensation: $102,727
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- Other: $18,536
- Compensation: $167,204
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- Other: $11,610
- Compensation: $107,023
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- Other: $13,219
Official website here: www.nevadahand.org
Where can I find the form 990 for Nevada Hand Inc?
Nevada Hand Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nevadahand.org
Learn more at the official website: www.nevadahand.org
Mission Statement of Nevada Hand Inc
Nevada Hand Inc, as a nonprofit entity, is committed to developing affordable housing options for seniors and families with low to moderate income levels. The organization goes beyond just providing housing, extending its services to the communities it manages or operates. Nevada Hand Inc's mission is to create an environment where individuals from these income brackets can call a home their own. This commitment to affordable housing is a significant step towards ensuring that everyone has a place to live, regardless of their financial situation. The organization's resident services further reinforce this mission, aiming to enhance the quality of life for those living in the communities it manages. By managing the development of various projects, Nevada Hand Inc opens up opportunities for home ownership for individuals, families, seniors, and low to moderate income earners.
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Impact
July, 2024
Nevada Hand Inc plays a crucial role in developing affordable housing for seniors and families with low to moderate incomes in Las Vegas, Nevada. By managing the development of various projects that provide home ownership opportunities to individuals in need, including seniors and families, Nevada Hand Inc significantly contributes to addressing the housing affordability crisis in the region. Additionally, the organization's provision of resident services enhances the quality of life for residents in communities owned or operated by Nevada Hand Inc. Through their dedicated efforts, Nevada Hand Inc positively impacts the lives of many individuals and families by ensuring they have access to safe and affordable housing options.
This information is meant to be a general summary of Nevada Hand 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.
- Program Service Revenue: $2,480,222
- Gross Receipts: $4,567,076
Assets and Liabilities:
- Total Assets: $81,654,943
- Total Liabilities: $66,210,683
- Net Assets: $15,444,260
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$2,240,111
PROGRAM SERVICE FEE
Revenue
$240,111
Organization Details
Founding Year
1993
Phone
(702) 739-3345Principal Officer
Megan Schimick
Main Address
295 E WARM SPRINGS ROAD SUITE 10, LAS VEGAS, NV, 89119
Website
www.nevadahand.orgNTEE Category
Code: T99Z - Philanthropy
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