Overview
What is Nevada County Housing Development Corporation?
Nevada County Housing Development Corporation (NCHDC) is a nonprofit organization situated in Auburn, California. Its primary mission is to provide and preserve affordable housing for individuals and families with limited income, addressing the housing needs in Nevada County. This year, NCHDC expanded its services by acquiring and opening a new home in Grass Valley, offering permanent supportive housing for individuals with mental illness. In total, NCHDC aided over 300 low-income residents in Nevada County with housing and supportive services. Additionally, during the COVID-19 pandemic, NCHDC secured funding to implement homeless prevention and rapid rehousing programs throughout the county.
Official website here: www.amihousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Nevada County Housing Development Corporation has achieved an impressive 96% rating from Charity Navigator, reflecting its strong performance in accountability and financial health. This high score indicates that the organization is well-managed and transparent, with no material diversion of assets reported. The charity's commitment to ethical governance is evident through its fully independent board and adherence to policies that promote accountability and oversight.
Strengths of the organization include its excellent program expense ratio of 100%, which means that all its expenses are directed toward its programs rather than administrative costs. This focus on effective resource allocation highlights the nonprofit’s dedication to its mission of providing housing solutions. Additionally, the organization has robust policies in place, such as a conflict of interest policy and a whistleblower policy, ensuring integrity in its operations.
While the organization is performing well in various metrics, ongoing efforts to maintain and enhance its financial practices will be essential for sustaining this high level of trust and performance in the future. Overall, the Nevada County Housing Development Corporation stands out as a highly effective nonprofit committed to its goals and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Nevada County Housing Development Corporation legitimate?
Nevada County Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nevada County Housing Development Corporation 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: $353,929
For more financial information, click here
Official website here: www.amihousing.org
What is the mission statement of Nevada County Housing Development Corporation?
Nevada County Housing Development Corporation's mission is primarily focused on addressing the housing needs of individuals and families with limited income. The corporation strives to preserve and develop affordable housing options within its capacity. This year, they expanded their services by opening a new home in Grass Valley, specifically for individuals with mental illness, providing them with permanent supportive housing. In total, NCHDC assisted over 300 low-income individuals in Nevada County, offering housing and supportive services. Furthermore, in response to the COVID-19 pandemic, they secured funds to provide homeless prevention and rapid rehousing solutions throughout the county.
Official website here: www.amihousing.org
Who is the CEO of Nevada County Housing Development Corporation?
Jennifer Price is the Board Member of Nevada County Housing Development Corporation. The CEO's salary of Nevada County Housing Development Corporation is $0 and their total compensation is $0.
Official website here: www.amihousing.org
What is the revenue of Nevada County Housing Development Corporation?
Nevada County Housing Development Corporation's revenue in 2022 was $2,042,438.
Official website here: www.amihousing.org
Who are the executives of Nevada County Housing Development Corporation and what are their salaries?
There 20 volunteers at Nevada County Housing Development Corporation.
Here are 10 key members and their salaries (Nevada County Housing Development Corporation's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.amihousing.org
Where can I find the form 990 for Nevada County Housing Development Corporation?
Nevada County Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amihousing.org
Learn more at the official website: www.amihousing.org
Mission Statement of Nevada County Housing Development Corporation
Nevada County Housing Development Corporation, or NCHDC, is committed to preserving and developing affordable housing to cater to the needs of limited-income individuals and families in the area. The organization's primary goal is to address the housing challenges faced by this demographic, striving to provide them with stable and affordable living conditions.
In pursuit of its mission, NCHDC has taken several initiatives. This year, the corporation expanded its efforts by purchasing and opening a new home in Grass Valley, which now serves as a permanent supportive housing facility for individuals with mental illness. Through its operations, NCHDC has managed to provide housing and supportive services to over 300 low-income individuals in Nevada County.
Furthermore, in response to the COVID-19 pandemic, NCHDC secured funds to implement homeless prevention and rapid rehousing programs throughout the county. This proactive approach aimed to help vulnerable individuals avoid homelessness and swiftly regain stable housing during challenging times. The corporation's efforts in this area underscore its dedication to ensuring the well-being and stability of low-income families and individuals in Nevada County.
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Impact
July, 2024
Nevada County Housing Development Corporation's impact can be seen in its efforts to preserve and develop affordable housing for limited-income individuals and families in Nevada County. This organization purchased and opened a new home in Grass Valley this year, providing permanent supportive housing for individuals with mental illness. In total, Nevada County Housing Development Corporation has provided housing and supportive services for over 300 low-income individuals in the county. Additionally, the organization secured funds to offer homeless prevention and rapid rehousing services throughout Nevada County in response to the challenges brought about by the COVID pandemic. Overall, Nevada County Housing Development Corporation plays a crucial role in addressing the housing needs of vulnerable populations in the area.
This information is meant to be a general summary of Nevada County Housing Development Corporation. 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: $43
- Program Service Revenue: $280,782
- Gross Receipts: $2,042,438
Assets and Liabilities:
- Total Assets: $3,208,124
- Total Liabilities: $1,683,855
- Net Assets: $1,524,269
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$280,782
Organization Details
Founding Year
1982
Phone
(530) 878-5088Principal Officer
Jennifer Price
Main Address
PO Box 5216, Auburn, CA, 95604
Website
www.amihousing.orgNTEE Category
Code: L41Z - Housing
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