Overview
What is Neighborhood Housing Services Of The Inland Empire?
Neighborhood Housing Services of the Inland Empire is a nonprofit organization situated in San Bernardino, California. Its primary mission is to foster homeownership opportunities, bridge the housing affordability gap, and construct sustainable communities. They achieve this by providing financial assistance through down payment loans and managing a revolving loan fund. This fund offers low or no-interest loans for home purchases, rehabilitation, or refinancing in the Inland Empire area. The organization maintains a mix of amortizing and deferred loans with terms ranging from 5 to 30 years, secured by deeds of trust on the underlying properties. With a workforce of 17 employees, Neighborhood Housing Services of the Inland Empire strives to create a better living environment, one home and one neighborhood at a time.
Official website here: www.nhsie.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Neighborhood Housing Services Of The Inland Empire has achieved an impressive 96% score from Charity Navigator, which reflects a strong commitment to accountability and financial management. This rating is based entirely on their Accountability & Finance beacon, demonstrating the organization’s effective oversight and transparency in operations.
The organization boasts a fully independent board, with 100% of its members meeting this criterion, which strengthens its governance. Additionally, their financial oversight is robust, with no reported material diversion of assets and a high program expense ratio of 75.42%, indicating that a significant portion of their resources is directed toward their programs rather than administrative costs.
While the organization has demonstrated commendable practices in financial management and governance, the rating is focused solely on financial accountability. As such, further insights into their program effectiveness and community impact would provide a more comprehensive view of their performance and contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Neighborhood Housing Services Of The Inland Empire?
Four reviews on Facebook currently highlight the impact of Neighborhood Housing Services Of The Inland Empire. A common theme emerges from the feedback, showcasing strong appreciation for the organization’s assistance. One user expressed their gratitude after receiving crucial help in reinstating their mortgage, noting that the process with their bank had been lengthy and frustrating, while NHSIE delivered positive results within a much shorter timeframe.
The sentiment surrounding NHSIE appears overwhelmingly positive, with users feeling supported and relieved by the services provided. There's a clear indication of trustworthiness and effectiveness in their approach, as one reviewer mentioned their intention to return for further assistance with mortgage modification.
Overall, there is a sense of satisfaction with the nonprofit's commitment to helping individuals in need, suggesting that NHSIE is successfully delivering on its promises to support homeowners.
This AI summary has been generated from reviews found on Facebook.
Is Neighborhood Housing Services Of The Inland Empire legitimate?
Neighborhood Housing Services Of The Inland Empire is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of The Inland Empire 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: $165,133
Professional Fundraising Fees: $0
Other Salaries and Wages: $516,652
For more financial information, click here
Official website here: www.nhsie.org
What is the mission statement of Neighborhood Housing Services Of The Inland Empire?
The mission of Neighborhood Housing Services of the Inland Empire is geared towards creating homeownership opportunities, bridging the housing affordability gap, and building sustainable communities of choice. They achieve this by assisting individuals on a person-by-person, home-by-home, and neighborhood-by-neighborhood basis. The organization provides down payment assistance loans and manages a revolving loan fund, offering borrowers low or no-interest loans for home purchases, rehabilitation, or refinance. Their loan terms range between 5 and 30 years, ensuring long-term financial stability for homeowners.
Official website here: www.nhsie.org
Who is the CEO of Neighborhood Housing Services Of The Inland Empire?
Kailin Scott is the President of Neighborhood Housing Services Of The Inland Empire.
Official website here: www.nhsie.org
What is the revenue of Neighborhood Housing Services Of The Inland Empire?
Neighborhood Housing Services Of The Inland Empire's revenue in 2022 was $1,358,159.
Official website here: www.nhsie.org
Who are the executives of Neighborhood Housing Services Of The Inland Empire and what are their salaries?
The average compensation at Neighborhood Housing Services Of The Inland Empire during 2022 was $40,105. There are 17 employees and 8 volunteers at Neighborhood Housing Services Of The Inland Empire.
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- Compensation: $47,099
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- Other: $5,983
- Compensation: $118,034
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- Other: $8,576
Official website here: www.nhsie.org
Where can I find the form 990 for Neighborhood Housing Services Of The Inland Empire?
Neighborhood Housing Services Of The Inland Empire's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhsie.org
Learn more at the official website: www.nhsie.org
Mission Statement of Neighborhood Housing Services Of The Inland Empire
Neighborhood Housing Services of the Inland Empire, shortened as NHSIE, is committed to a mission that aims to create homeownership opportunities, bridge the housing affordability gap, and foster sustainable communities of choice. This mission is carried out by helping individuals secure homes through down payment assistance loans and managing a revolving loan fund. This fund provides borrowers with low or no-interest loans for home purchase, rehabilitation, or refinance in the Inland Empire. NHSIE offers a mix of amortizing and deferred loans with terms ranging from 5 to 30 years, secured by deeds of trust on the underlying properties. In essence, NHSIE works diligently to support individuals in their pursuit of homeownership and contributes to the development of thriving communities.
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Impact
July, 2024
Neighborhood Housing Services Of The Inland Empire's impact can be seen in its mission to create homeownership opportunities, bridge the housing affordability gap, and build sustainable communities in San Bernardino, CA. By providing down payment assistance loans and managing an active revolving loan fund, NHSIE enables borrowers to secure low or no interest loans for home purchase, rehabilitation, or refinancing in the Inland Empire region. With a mix of amortizing and deferred loans available, ranging from 5 to 30 years, secured by deeds of trust, NHSIE is actively working to empower individuals and families to achieve homeownership and strengthen neighborhoods.
This information is meant to be a general summary of Neighborhood Housing Services Of The Inland Empire. 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: $59,160
- Program Service Revenue: $46,126
- Gross Receipts: $1,358,159
Assets and Liabilities:
- Total Assets: $6,077,174
- Total Liabilities: $223,397
- Net Assets: $5,853,777
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION INCOME
Revenue
$34,168
LOAN SERVICES REVENUE
Revenue
$11,958
Organization Details
Founding Year
1981
Phone
(909) 884-6891Principal Officer
Kailin Scott
Main Address
1845 S BUSINESS CENTER DRIVE 120, SAN BERNARDINO, CA, 92408
Website
www.nhsie.orgNTEE Category
Code: L80 - Housing
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