Ndhc Affordable Communities Inc

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

EIN: 843788084 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Ndhc Affordable Communities Inc?

Ndhc Affordable Communities Inc is a nonprofit organization situated in Denver, Colorado. With a focus on low to moderate income households, they have launched an innovation program that utilizes housing as a platform to serve their needs. This is achieved through the design and development of affordable ownership units. The organization's mission is to create sustainable, healthy living environments and economic opportunities for underserved households. This is accomplished through various programs and projects, which include outreach, education, and economic development initiatives. Their Affordable Home Ownership Program in Denver offers a rare chance to provide affordable housing solutions for families in need.

Is Ndhc Affordable Communities Inc legitimate?

Ndhc Affordable Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ndhc Affordable Communities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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What is the mission statement of Ndhc Affordable Communities Inc?

Ndhc Affordable Communities Inc's mission is centered around creating sustainable and healthy living environments for underserved households. They achieve this through various outreach, education, and economic development programs and projects. The organization's primary focus is to provide affordable housing opportunities for low to moderate income families, as demonstrated by their establishment of an Affordable Home Ownership Program in Denver. By doing so, they aim to offer economic prospects to these households, thereby contributing to their overall well-being.

Who is the CEO of Ndhc Affordable Communities Inc?

Dominique Acevado is the President of Ndhc Affordable Communities Inc.

What is the revenue of Ndhc Affordable Communities Inc?

Ndhc Affordable Communities Inc's revenue in 2022 was -$4,498,614.

Who are the executives of Ndhc Affordable Communities Inc and what are their salaries?


Here are 3 key members and their salaries:


Dominique Acevado (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Alexander (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Smith (Secretary & Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ndhc Affordable Communities Inc?

Ndhc Affordable Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ndhc Affordable Communities Inc

Ndhc Affordable Communities Inc, with a mission to serve underprivileged households, strives to create sustainable and healthy living environments for low to moderate income families. The organization achieves this by focusing on outreach, education, and economic development programs and projects. Their primary goal is to provide an Affordable Home Ownership Program in various locations, offering a unique opportunity for families in need of affordable housing. By implementing these initiatives, Ndhc Affordable Communities Inc aims to enhance the living conditions and economic prospects of the communities they serve.

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Impact




October, 2024

Ndhc Affordable Communities Inc. has a significant impact on low to moderate income families in Denver by providing access to affordable homeownership opportunities. Through its innovative Affordable Home Ownership Program, the organization addresses the critical need for sustainable and healthy housing options. By focusing on the design and development of affordable ownership units, it empowers underserved households to achieve stability and economic growth.

In addition to facilitating homeownership, Ndhc Affordable Communities Inc. implements outreach and education initiatives that further support economic development in the community. These programs help enhance financial literacy, equipping families with the knowledge and skills to thrive. Overall, the organization's efforts contribute to building resilient communities, fostering long-term economic opportunities, and ultimately improving the quality of life for many families in the Denver area.




This information is meant to be a general summary of Ndhc Affordable Communities 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.

Revenue
-$4,498,614 (2022)
Expenses
$1,306,586 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$5,906,661
  • Program Service Revenue: $649,700
  • Gross Receipts: $15,822,939

Assets and Liabilities:

  • Total Assets: $842,862
  • Total Liabilities: $750,000
  • Net Assets: $92,862

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPER FEES

Revenue

$649,700

Organization Details

Principal Officer

Dominique Acevado

Main Address

2416 E COLFAX AVE, DENVER, CO, 80206

NTEE Category

Code: L20 - Housing

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