Ncwb Housing Inc

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

EIN: 880178723 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Ncwb Housing Inc?

Ncwb Housing Inc, based in Las Vegas, Nevada, is a dedicated nonprofit organization with a mission to enhance the living conditions of low-income senior citizens. Their primary focus involves providing affordable housing options within the Las Vegas area, ensuring that qualified elderly individuals have access to suitable accommodations. By doing so, Ncwb Housing Inc contributes to the well-being and comfort of the community's senior population.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Ncwb Housing Inc has received a rating of Two Stars from Charity Navigator, indicating a need for improvement in certain operational areas. The overall score of 71% reflects strengths in its financial management, including a perfect score in program expense ratio, which suggests that all of its expenses are directed towards its programs. Additionally, the organization maintains a fully independent board, which is a positive indicator of governance.

However, the nonprofit has significant limitations that have affected its rating. Notably, it lacks essential policies such as a whistleblower and document retention policy, which are critical for accountability and transparency. Additionally, the absence of its tax form on the nonprofit's website raises concerns regarding accessibility and public trust.

Moreover, the organization's liabilities to assets ratio is concerning at 81.67%, suggesting potential financial instability. While Ncwb Housing Inc demonstrates a commitment to programmatic spending, addressing the highlighted governance and transparency issues would enhance its overall rating and improve stakeholder confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Ncwb Housing Inc legitimate?

Ncwb Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ncwb Housing 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: $200,450

For more financial information, click here

What is the mission statement of Ncwb Housing Inc?

Ncwb Housing Inc's mission is centered around providing affordable housing for qualified senior citizens. Their primary goal is to enhance the living standards of low-income elderly individuals, ensuring they can reside in a quality environment. The organization is dedicated to serving this specific demographic in an area yet unspecified. While the details of their activities aren't provided, it's clear that their mission is to offer affordable housing as a solution for senior citizens in need.

Who is the CEO of Ncwb Housing Inc?

Marcus Valerio is the Vice President of Ncwb Housing Inc.

What is the revenue of Ncwb Housing Inc?

Ncwb Housing Inc's revenue in 2022 was $1,408,707.

Who are the executives of Ncwb Housing Inc and what are their salaries?

There 9 volunteers at Ncwb Housing Inc.


Here are 9 key members and their salaries:


Wade Simpson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Hollon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel S Amster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Zidzik (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Schmitt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rian Ross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Banner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Valerio (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Ricciardi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ncwb Housing Inc?

Ncwb Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ncwb Housing Inc

Ncwb Housing Inc is an organization dedicated to providing affordable housing for qualified senior citizens in various parts of the community. Their mission, in essence, is to enhance the quality of life for low-income senior citizens in Nevada, specifically in the Las Vegas area. The primary focus of Ncwb Housing Inc is to ensure that senior citizens have access to decent, safe, and affordable living conditions, thereby promoting a sense of dignity and independence among this vulnerable population.

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Impact




July, 2024

Ncwb Housing Inc provides a crucial service by offering affordable housing to qualified senior citizens in the Las Vegas, NV area. Their mission to provide quality living for low-income seniors directly impacts the lives of individuals who may otherwise struggle to find suitable housing options. By fulfilling this need, Ncwb Housing Inc contributes to enhancing the quality of life for senior citizens in the community, ensuring they have access to safe and affordable housing options.




This information is meant to be a general summary of Ncwb Housing 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
$1,408,707 (2022)
Expenses
$1,429,961 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,352
  • Program Service Revenue: $1,406,355
  • Gross Receipts: $1,408,707

Assets and Liabilities:

  • Total Assets: $6,949,532
  • Total Liabilities: $5,676,130
  • Net Assets: $1,273,402

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Programs

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

FEES & CONTRACTS GOVER

Revenue

$986,392

LOW-INCOME RENTS

Revenue

$419,963

Organization Details

Founding Year

1978

Principal Officer

Marcus Valerio

Main Address

400 BRUSH STREET, LAS VEGAS, NV, 89107

NTEE Category

Code: L22 - Housing

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