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Neighborhood Housing Renewal Corp Ii

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

EIN: 942952052 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood Housing Renewal Corp Ii?

Neighborhood Housing Renewal Corp II is a nonprofit organization dedicated to providing affordable housing solutions for individuals with low income. Their primary mission is to cater to this demographic, ensuring they have suitable living arrangements. Although specific details about their operations and reach are not provided, the information suggests that they focus on this particular aspect.

Is Neighborhood Housing Renewal Corp Ii legitimate?

Neighborhood Housing Renewal Corp Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Renewal Corp Ii 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: $18,480

For more financial information, click here

What is the mission statement of Neighborhood Housing Renewal Corp Ii?

Neighborhood Housing Renewal Corp II is committed to providing affordable housing for low-income tenants. Their mission is geared towards ensuring that individuals with limited financial resources have access to decent housing, contributing to their overall well-being and quality of life. The organization's activities are focused on acquiring, renovating, and managing affordable housing units, thereby creating sustainable living environments for its residents.

Who is the CEO of Neighborhood Housing Renewal Corp Ii?

Lamar Heystek is the Secretary, Treasurer of Neighborhood Housing Renewal Corp Ii.

What is the revenue of Neighborhood Housing Renewal Corp Ii?

Neighborhood Housing Renewal Corp Ii's revenue in 2022 was $276,118.

Who are the executives of Neighborhood Housing Renewal Corp Ii and what are their salaries?


Here are 2 key members and their salaries:


Lamar Heystek (Secretary, Treasurer)
  • Compensation: $0
  • Related: $167,663
  • Other: $33,124
Frank Fung (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Neighborhood Housing Renewal Corp Ii?

Neighborhood Housing Renewal Corp Ii's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Neighborhood Housing Renewal Corp Ii

Neighborhood Housing Renewal Corp II, as its name suggests, is committed to providing affordable housing solutions for low-income tenants. Their mission is centered around ensuring that individuals and families in need have access to suitable living spaces. By doing so, they aim to contribute positively to the community and uphold the dignity of those who may be financially disadvantaged. The organization's focus on affordable housing is a crucial step towards promoting social equality and stability, allowing individuals and families to concentrate on other aspects of their lives without the burden of exorbitant housing costs.

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Impact




October, 2024

Neighborhood Housing Renewal Corp II plays a significant role in addressing the housing needs of low-income tenants in San Francisco. By focusing on the development and provision of affordable housing, the organization helps alleviate the pressure of rising housing costs in a city known for its high living expenses.

Through its efforts, it not only fosters stability for families and individuals who might otherwise struggle to secure safe and affordable living conditions, but it also contributes to the overall community by promoting diversity and inclusion. The availability of affordable housing options can lead to improved quality of life, increased economic mobility, and stronger community ties for those it serves.

By prioritizing low-income tenants, Neighborhood Housing Renewal Corp II combats the challenges of homelessness and housing insecurity, ensuring that more residents have access to necessary resources and a place to call home.




This information is meant to be a general summary of Neighborhood Housing Renewal Corp Ii. 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
$276,118 (2022)
Expenses
$355,742 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,206
  • Program Service Revenue: $274,912
  • Gross Receipts: $276,118

Assets and Liabilities:

  • Total Assets: $764,841
  • Total Liabilities: $3,264,475
  • Net Assets: -$2,499,634

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Programs

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

RENTAL INCOME

Revenue

$271,679

LAUNDRY INCOME

Revenue

$2,296

MISC INCOME

Revenue

$937

Organization Details

Founding Year

1984

Principal Officer

Lamar Heystek

Main Address

1167 MISSION STREET 4TH FLOOR, SAN FRANCISCO, CA, 94103

NTEE Category

Code: L20Z - Housing

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