Overview
What is Northbay Family Homes?
Northbay Family Homes is a nonprofit organization situated in Novato, California. Their primary mission is to provide home ownership opportunities for low-to-moderate income families and individuals, utilizing innovative financing methods such as Community Assisted Shared Appreciation (CASA) and Employer Empowered Home Ownership (EEH) programs. This nonprofit organization offers services to help individuals and families with home mortgage modifications to keep their residences. Their goal is to promote home ownership and stability within their community.
Official website here: www.nfh.org
Is Northbay Family Homes legitimate?
Northbay Family Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northbay Family Homes 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: $396,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,200
For more financial information, click here
Official website here: www.nfh.org
What is the mission statement of Northbay Family Homes?
Northbay Family Homes aims to provide home ownership opportunities for low-to-moderate income families and individuals. They achieve this through innovative financing methods, such as Community Assisted Shared Appreciation (CASA) loans and Employers Empowering Homeownership (EEH) programs. These initiatives aim to make home ownership more accessible, enabling individuals and families to secure homes with more flexible financing options. Additionally, Northbay Family Homes offers assistance with home mortgage modifications, helping families keep their homes during challenging financial times.
Official website here: www.nfh.org
Who is the CEO of Northbay Family Homes?
Kristie Wheeler is the Chairperson of Northbay Family Homes. The CEO's salary of Northbay Family Homes is $396,000 and their total compensation is $396,000.
Official website here: www.nfh.org
What is the revenue of Northbay Family Homes?
Northbay Family Homes's revenue in 2020 was $475,032.
Official website here: www.nfh.org
Who are the executives of Northbay Family Homes and what are their salaries?
The average compensation at Northbay Family Homes during 2020 was $198,600. There are 2 employees at Northbay Family Homes.
Here are 4 key members and their salaries (Northbay Family Homes's CEO's salary is $396,000 and their total compensation is $396,000):
- Compensation: $396,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nfh.org
Where can I find the form 990 for Northbay Family Homes?
Northbay Family Homes's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.nfh.org
Learn more at the official website: www.nfh.org
Mission Statement of Northbay Family Homes
Northbay Family Homes is an organization committed to providing home ownership opportunities for low-to-moderate income families and individuals. They achieve this mission through innovative financing strategies, specifically utilizing Community Assisted Shared Appreciation (CASA) loan programs and Employers Empowering Homeownership (EEH) programs. By implementing these financing methods, Northbay Family Homes aims to make homeownership more accessible to those who might otherwise struggle to afford it. Additionally, the organization offers home mortgage modification services, helping families and individuals keep their homes when facing financial challenges. Northbay Family Homes' mission is to bridge the gap between homeownership and those who need it the most, thereby contributing to the stability and wellbeing of their communities.
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Impact
October, 2024
Northbay Family Homes significantly impacts the community by providing homeownership opportunities to low and moderate-income families and individuals. Through innovative financing options like Community Assisted Shared Appreciation (CASA) loan programs and the Employer Empowered Homeownership (EEH) programs, they enable households to achieve sustainable homeownership.
These programs not only bridge the financial gaps often faced by low-income families but also empower them to secure stable housing, which is crucial for personal and community well-being. By offering home mortgage modification services, they help families maintain their homes, reducing the risk of foreclosure and promoting financial stability.
In a region where housing affordability is a growing concern, Northbay Family Homes acts as a vital resource, fostering an environment where families can thrive. Their efforts contribute to community stability, economic growth, and enhanced quality of life for countless individuals in Novato and beyond.
This information is meant to be a general summary of Northbay Family Homes. 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 2020.
- Gross Receipts: $475,032
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1978
Phone
(415) 897-7744Principal Officer
Kristie Wheeler
Main Address
1450 GRANT AVENUE SUITE 200, NOVATO, CA, 94945
Website
www.nfh.orgNTEE Category
Code: L80 - Housing
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