Overview
What is Nhs Neighborhood Redevelopment Corporation?
The Nhs Neighborhood Redevelopment Corporation is a dedicated nonprofit organization that aims to enhance low to moderate income communities. By offering affordable and sustainable homeownership opportunities in the current fiscal year, they served 10,068 clients. Beyond homeownership, the corporation acts as a catalyst, bringing together local residents, businesses, and government representatives to foster stronger neighborhoods and enhance the quality of life for families of modest means. Through their collective efforts, they strive to revitalize communities, ultimately contributing to their overall betterment.
Official website here: www.nhslacounty.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Nhs Neighborhood Redevelopment Corporation has achieved an impressive 96% score on Charity Navigator, indicating strong performance in accountability and finance. The organization boasts a 100% independent board, ensuring a high standard of governance and oversight. With no reported material diversion of assets, it reflects a commitment to transparency and integrity in its operations.
In terms of financial health, the organization shows a solid program expense ratio of 89.54%, which means that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the liabilities to assets ratio is a healthy 46.87%, further indicating sound financial management and stability. The presence of comprehensive policies, including conflict of interest and whistleblower protections, underscores the organization's dedication to ethical practices.
Overall, the Nhs Neighborhood Redevelopment Corporation demonstrates strong organizational strength with its effective governance, financial health, and commitment to accountability. While the data showcases its successes, ongoing monitoring of its performance will be essential to maintain its high standards and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Nhs Neighborhood Redevelopment Corporation legitimate?
Nhs Neighborhood Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhs Neighborhood Redevelopment 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: $210,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $901,803
For more financial information, click here
Official website here: www.nhslacounty.org
What is the mission statement of Nhs Neighborhood Redevelopment Corporation?
The Nhs Neighborhood Redevelopment Corporation's mission is to enhance low to moderate income communities by providing affordable and sustainable homeownership opportunities. This organization serves a significant number of clients annually, with 10,068 being assisted in the current fiscal year. Beyond homeownership, it acts as a facilitator, encouraging collaboration among local residents, businesses, and government representatives, aiming to improve neighborhoods, enhance the quality of life for families, and revitalize communities.
Official website here: www.nhslacounty.org
Who is the CEO of Nhs Neighborhood Redevelopment Corporation?
Lori Gay is the Chairman of Nhs Neighborhood Redevelopment Corporation. The CEO's salary of Nhs Neighborhood Redevelopment Corporation is $70,647 and their total compensation is $258,780.
Official website here: www.nhslacounty.org
What is the revenue of Nhs Neighborhood Redevelopment Corporation?
Nhs Neighborhood Redevelopment Corporation's revenue in 2022 was $1,467,595.
Official website here: www.nhslacounty.org
Who are the executives of Nhs Neighborhood Redevelopment Corporation and what are their salaries?
The average compensation at Nhs Neighborhood Redevelopment Corporation during 2022 was $21,392. There are 52 employees and 6 volunteers at Nhs Neighborhood Redevelopment Corporation.
Here are 11 key members and their salaries (Nhs Neighborhood Redevelopment Corporation's CEO's salary is $70,647 and their total compensation is $258,780):
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- Other: $0
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- Other: $0
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- Compensation: $70,647
- Related: $164,844
- Other: $23,289
- Compensation: $31,290
- Related: $73,011
- Other: $20,923
- Compensation: $27,015
- Related: $108,061
- Other: $14,548
- Compensation: $59,181
- Related: $88,772
- Other: $15,673
Official website here: www.nhslacounty.org
Where can I find the form 990 for Nhs Neighborhood Redevelopment Corporation?
Nhs Neighborhood Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhslacounty.org
Learn more at the official website: www.nhslacounty.org
Mission Statement of Nhs Neighborhood Redevelopment Corporation
Nhs Neighborhood Redevelopment Corporation, as a nonprofit organization, is committed to enhancing low to moderate income communities by facilitating the development of affordable and sustainable homeownership opportunities. By serving a substantial number of 10,068 clients in the current fiscal year, this corporation plays a significant role in uplifting families of modest means. Furthermore, Nhs Neighborhood Redevelopment Corporation serves as a bridge, bringing together local residents, business leaders, and government representatives to collaborate and work towards building stronger neighborhoods. This collective effort is aimed at improving the overall quality of life for these communities, ultimately revitalizing them.
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Impact
July, 2024
NHS Neighborhood Redevelopment Corporation in Los Angeles, CA is making a significant impact by strengthening low to moderate income communities through the development of affordable and sustainable homeownership opportunities. In the current fiscal year alone, this organization has served 10,068 clients. By acting as a catalyst for collaboration among local residents, businesses, and government representatives, NHS Neighborhood Redevelopment Corporation is working to build stronger neighborhoods, enhance the quality of life for families with modest means, and revitalize communities. Their dedication to community improvement is truly commendable and is positively impacting numerous individuals and families in need.
This information is meant to be a general summary of Nhs Neighborhood Redevelopment 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: -$205,407
- Program Service Revenue: $210,250
- Gross Receipts: $2,801,017
Assets and Liabilities:
- Total Assets: $17,509,503
- Total Liabilities: $6,497,081
- Net Assets: $11,012,422
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REAL ESTATE COMMISSIONS
Revenue
$82,000
CONSTRUCTION MANAGEMENT FEES
Revenue
$74,480
BILLBOARD FEES, MEMBERSHIP AND RE
Revenue
$53,770
Organization Details
Founding Year
1996
Phone
(213) 381-2862Principal Officer
Lori Gay
Main Address
3926 WILSHIRE BOULEVARD SUITE 200, LOS ANGELES, CA, 90010
Website
www.nhslacounty.orgNTEE Category
Code: S30 - Community improvement
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