Nwgm Title Holding Company Llc

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

EIN: 844630462 ✦ Manchester, NH ✦ Designated as a 501(c)(2)

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Overview

What is Nwgm Title Holding Company Llc?

Nwgm Title Holding Company Llc is a title holding company with a mission to support affordable housing. Based in Manchester, New Hampshire, the organization acquires properties and either renovates them for sale or keeps them as rental units. The primary focus is on assisting low and moderate-income individuals and families by offering houses at below-market rates. The properties are upgraded to comply with current building and safety codes, ensuring safe and clean living spaces for potential buyers. The company's goal is to cluster these properties in the same neighborhoods to make the most significant positive impact. All these initiatives are part of NeighborWorks Southern New Hampshire's mission to improve living conditions and personal empowerment within the community.


Official website here: www.nwsnh.org

Is Nwgm Title Holding Company Llc legitimate?

Nwgm Title Holding Company Llc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nwgm Title Holding Company Llc 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

For more financial information, click here


Official website here: www.nwsnh.org

What is the mission statement of Nwgm Title Holding Company Llc?

NWGM Title Holding Company LLC serves the purpose of holding title to property, with the underlying objective of supporting the mission of NeighborWorks Southern New Hampshire. This mission is centered around enhancing lives and improving community environments by providing access to quality housing services, revitalizing neighborhoods, and fostering opportunities for personal empowerment. The company's role in title holding contributes to this broader goal of NeighborWorks Southern New Hampshire.


Official website here: www.nwsnh.org

Who is the CEO of Nwgm Title Holding Company Llc?

Robert Tourigny is the President of Nwgm Title Holding Company Llc.


Official website here: www.nwsnh.org

What is the revenue of Nwgm Title Holding Company Llc?

Nwgm Title Holding Company Llc's revenue in 2023 was $176,226.


Official website here: www.nwsnh.org

Who are the executives of Nwgm Title Holding Company Llc and what are their salaries?

There 3 volunteers at Nwgm Title Holding Company Llc.


Here are 3 key members and their salaries:


Robert Tourigny (President)
  • Compensation: $0
  • Related: $153,937
  • Other: $16,967
Jennifer Vadney (Secretary)
  • Compensation: $0
  • Related: $93,881
  • Other: $16,488
Diane Brewster (Treasurer)
  • Compensation: $0
  • Related: $91,981
  • Other: $18,989


Official website here: www.nwsnh.org

Where can I find the form 990 for Nwgm Title Holding Company Llc?

Nwgm Title Holding Company Llc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nwsnh.org

Learn more at the official website: www.nwsnh.org

Mission Statement of Nwgm Title Holding Company Llc

NWGM Title Holding Company LLC, as a title holding company, serves a unique purpose in supporting the mission of NeighborWorks Southern New Hampshire. This mission, in essence, is centered around enhancing lives and improving the community environment by offering access to quality housing services, revitalizing neighborhoods, and fostering opportunities for personal empowerment. By holding title to properties that contribute to this mission, NWGM Title Holding Company LLC plays a crucial role in furthering NeighborWorks Southern New Hampshire's objectives. This title holding company acts as a crucial pillar in the organization's efforts to better the lives of individuals and communities, promoting a more equitable and thriving living environment.

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Impact




October, 2024

Nwgm Title Holding Company LLC significantly impacts the community by acquiring and rehabilitating properties in targeted neighborhoods, focusing on low- and moderate-income individuals and families. By offering rental properties at below-market rates, the company provides affordable housing options that contribute to economic stability and community development.

The company's mission involves not only improving individual living conditions but also revitalizing entire neighborhoods. It achieves this by securing properties in close proximity, fostering a stronger community dynamic. The properties are thoroughly renovated to meet current building and safety standards, ensuring they are safe, clean, and welcoming environments for residents.

Through its efforts, Nwgm Title Holding Company LLC plays a vital role in enhancing the quality of life for families and individuals while supporting broader community improvement initiatives. This focus on affordable housing and community revitalization aligns with its goal to empower residents and stimulate growth within Manchester, NH, ultimately contributing to a more vibrant and sustainable local environment.




This information is meant to be a general summary of Nwgm Title Holding Company Llc. 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
$176,226 (2023)
Expenses
$244,656 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $176,226
  • Gross Receipts: $176,226

Assets and Liabilities:

  • Total Assets: $2,280,191
  • Total Liabilities: $2,381,332
  • Net Assets: -$101,141

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Programs

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

Rental Income

Revenue

$172,917

Misc. Revenue

Revenue

$3,309

Organization Details

Founding Year

2009

Principal Officer

Robert Tourigny

Main Address

PO Box 3968, Manchester, NH, 03105

NTEE Category

Code: S47 - Community improvement

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