Overview
What is Neighborhood Partnerships Inc?
Neighborhood Partnerships Inc, established in 1989, is a nonprofit organization based in Oregon that centers its efforts on developing human-centered and emergent solutions to immediate harms. Their mission is to empower marginalized communities impacted by racial, housing, and economic injustice, building community power, knowledge, and capacity through organizing, policy advocacy, and narrative change. The organization is best known for managing the Oregon Individual Development Account (IDA) Initiative, which provides matched savings opportunities and financial education to individuals on low incomes, enabling them to save for purchasing or renovating a home, furthering their education, starting or expanding a micro-enterprise, or other specified asset goals. This initiative has over 2,800 active participants and has provided more than $60.7 million in matching funds since 2008, impacting over 11,000 successful graduates. Neighborhood Partnerships also engages in policy and advocacy, economic and consumer justice, housing justice and stability, narrative change, and other initiatives.
Official website here: www.neighborhoodpartnerships.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 76% - Three-Star out of Four Star rating
Neighborhood Partnerships Inc has received a Three-Star rating from Charity Navigator, highlighting a solid overall performance in accountability and finance. The organization achieves high marks for its independent governance, with 100% of its board members being independent, and it demonstrates strong financial oversight through effective auditing practices. Additionally, it maintains transparency with its financial documentation, ensuring that essential policies such as conflict of interest and whistleblower protections are in place.
While the organization excels in program expense efficiency, with a program expense ratio of 97.54%, it faces challenges with its liabilities to assets ratio, which received no points, indicating potential financial risk. The working capital ratio is also low at 0.12 years, suggesting limited liquidity for operational needs. Nevertheless, the fundraising efficiency is impressive, with minimal costs associated with fundraising efforts.
In summary, Neighborhood Partnerships Inc shows commendable strengths in governance and program expenditure but needs to address its financial stability and liquidity issues to enhance its overall sustainability and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Partnerships Inc legitimate?
Neighborhood Partnerships Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Partnerships 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: $380,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $559,929
For more financial information, click here
Official website here: www.neighborhoodpartnerships.org
What is the mission statement of Neighborhood Partnerships Inc?
Neighborhood Partnerships Inc, a non-profit organization founded in 1989, is dedicated to collaborating with communities in Oregon to develop human-centered and emergent solutions to immediate harms. Their goal is to facilitate transformative change by means of organizing, policy advocacy, and narrative change. The organization focuses on empowering those most affected by racial, housing, and economic injustice, channeling their energy and resources to build community power, knowledge, and capacity. Neighborhood Partnerships engages in various initiatives including policy and advocacy, economic and consumer justice, administering the Oregon Individual Development Account (IDA) Initiative, housing justice and stability, narrative change, and other projects.
Official website here: www.neighborhoodpartnerships.org
Who is the CEO of Neighborhood Partnerships Inc?
Carlos Garcia is the Executive Director of Neighborhood Partnerships Inc.
Official website here: www.neighborhoodpartnerships.org
What is the revenue of Neighborhood Partnerships Inc?
Neighborhood Partnerships Inc's revenue in 2022 was $16,325,065.
Official website here: www.neighborhoodpartnerships.org
Who are the executives of Neighborhood Partnerships Inc and what are their salaries?
The average compensation at Neighborhood Partnerships Inc during 2022 was $58,806. There are 16 employees and 40 volunteers at Neighborhood Partnerships Inc.
Here are 16 key members and their salaries:
- Compensation: $120,626
- Related: $0
- Other: $30,156
- Compensation: $86,931
- Related: $0
- Other: $21,733
- Compensation: $78,386
- Related: $0
- Other: $19,596
- Compensation: $75,379
- Related: $0
- Other: $18,845
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.neighborhoodpartnerships.org
Where can I find the form 990 for Neighborhood Partnerships Inc?
Neighborhood Partnerships Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neighborhoodpartnerships.org
Learn more at the official website: www.neighborhoodpartnerships.org
Mission Statement of Neighborhood Partnerships Inc
Neighborhood Partnerships Inc, a nonprofit corporation founded in 1989, is dedicated to collaborating with communities in Oregon to create human-centered and emergent solutions for immediate harms. The organization's primary objective is to facilitate transformative change by means of organizing, policy advocacy, and narrative shift. Neighborhood Partnerships prioritizes those most affected by racial, housing, and economic injustice, focusing their energy and resources on building community power, knowledge, and capacity.
Neighborhood Partnerships, a mission-driven organization, works tirelessly to address various societal challenges. They engage in initiatives centered around policy and advocacy, economic justice, consumer justice, housing stability, narrative change, and other projects. Their commitment to empowering marginalized communities is unwavering, as they aim to create a more equitable and just society.
The work of Neighborhood Partnerships extends beyond immediate relief, as they strive for systemic change. They believe that by centering the voices and experiences of those who have been historically marginalized, they can effectuate lasting and transformative shifts. The organization's efforts are supported by public and private foundations, government agencies, corporations, and individuals, enabling them to make a meaningful impact in the lives of many.
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Impact
October, 2024
Neighborhood Partnerships Inc significantly contributes to communities across Oregon through its commitment to addressing immediate harms and fostering transformative change. By focusing on the needs of those most affected by racial, housing, and economic injustices, this organization plays a crucial role in building community power and capacity.
One of its key initiatives, the Oregon Individual Development Account (IDA) Initiative, empowers individuals and families with low incomes to build financial stability. Providing matched savings opportunities, financial education, and personalized coaching, the program supports participants in achieving their goals—whether that is purchasing a home, furthering their education, or launching a micro-enterprise. This systemic approach has fostered a sense of agency among over 2,800 active participants, allowing them to save more than $25.4 million, with the initiative providing over $60.7 million in matching funds since 2008.
Through organizing, policy advocacy, and narrative change, Neighborhood Partnerships Inc not only addresses immediate financial challenges but also works towards long-term societal shifts. By centering the voices and experiences of marginalized communities, the organization drives discussions that promote equity and justice, ultimately positioning itself as a leader in creating a more inclusive Oregon.
This information is meant to be a general summary of Neighborhood Partnerships 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: $195
- Program Service Revenue: $987,502
- Gross Receipts: $16,325,065
Assets and Liabilities:
- Total Assets: $30,268,238
- Total Liabilities: $28,735,512
- Net Assets: $1,532,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACTS/FEES
STATE IDA PROGRAM FEES
Revenue
$987,302
TRAINING AND OTHER FEES
Revenue
$200
Organization Details
Founding Year
1989
Phone
(503) 226-3001Principal Officer
Carlos Garcia
Main Address
120 NW 9TH AVE SUITE 216, PORTLAND, OR, 97209
NTEE Category
Code: T99 - Philanthropy
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