Overview
What is Nhs Neighborhood Lending Services Inc?
Nhs Neighborhood Lending Services Inc is a nonprofit organization committed to enhancing the living conditions and improving the quality of life for families with modest incomes. Their primary mission is to collaborate and revitalize communities, transforming them into desirable neighborhoods for residence. Their objective is to strengthen these neighborhoods and uplift the living standards of low to moderate income families. While the specific activities or schedule of operations is not provided in the information, the overall goal remains clear: to foster community development and empower families in need.
Official website here: www.nhslacounty.org
What are the reviews and ratings of this charity?
**Rating from Charity Navigator: 97% (Four-Star out of Four Star Rating)**
NHS Neighborhood Lending Services Inc has achieved a remarkable 97% rating from Charity Navigator, indicating a strong performance in Accountability and Finance. The organization exhibits full transparency, with an independent board and comprehensive financial oversight, evident from their perfect scores across various governance and auditing metrics. The high program expense ratio of 93.37% shows that the vast majority of funds are directed towards programs rather than administrative costs.
Strengths noted in the evaluation include a solid governance structure with no material diversions of assets, ensuring that resources are used effectively. The financial health of the organization is commendable, with a low liabilities-to-assets ratio and high working capital ratio, which signifies long-term sustainability. However, the charity has not been scored on its impact, culture, and leadership adaptability, suggesting areas where the organization could further enhance its evaluations and public perception.
User reviews were unavailable from GreatNonprofits, leaving an opportunity for direct feedback from constituents unassessed in this summary. This lack of user-generated content means that while the financial and governance metrics are strong, the personal experiences and testimonials that may highlight the charity's effectiveness in its mission are not represented here.
This AI summary has been generated from information found on Charity Navigator.
Is Nhs Neighborhood Lending Services Inc legitimate?
Nhs Neighborhood Lending Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhs Neighborhood Lending Services Inc 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: $256,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,038,535
For more financial information, click here
Official website here: www.nhslacounty.org
What is the mission statement of Nhs Neighborhood Lending Services Inc?
Nhs Neighborhood Lending Services Inc's mission is centered around collaborative efforts to enhance the living conditions of families with moderate income, providing them with opportunities for improvement. The organization aims to strengthen neighborhoods and revitalize communities, transforming them into desirable living spaces for these families. Their objective is to improve the overall quality of life for these individuals, thereby contributing to the betterment of their communities.
Official website here: www.nhslacounty.org
Who is the CEO of Nhs Neighborhood Lending Services Inc?
Lori Gay is the Chairman of Nhs Neighborhood Lending Services Inc. The CEO's salary of Nhs Neighborhood Lending Services Inc is $70,647 and their total compensation is $258,780.
Official website here: www.nhslacounty.org
What is the revenue of Nhs Neighborhood Lending Services Inc?
Nhs Neighborhood Lending Services Inc's revenue in 2022 was $6,959,224.
Official website here: www.nhslacounty.org
Who are the executives of Nhs Neighborhood Lending Services Inc and what are their salaries?
The average compensation at Nhs Neighborhood Lending Services Inc during 2022 was $24,912. There are 52 employees and 6 volunteers at Nhs Neighborhood Lending Services Inc.
Here are 11 key members and their salaries (Nhs Neighborhood Lending Services Inc's CEO's salary is $70,647 and their total compensation is $258,780):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $70,647
- Related: $164,844
- Other: $23,289
- Compensation: $31,290
- Related: $73,011
- Other: $20,923
- Compensation: $54,030
- Related: $81,045
- Other: $14,548
- Compensation: $73,976
- Related: $73,976
- Other: $15,674
Official website here: www.nhslacounty.org
Where can I find the form 990 for Nhs Neighborhood Lending Services Inc?
Nhs Neighborhood Lending Services Inc'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 Lending Services Inc
Nhs Neighborhood Lending Services Inc is dedicated to fostering stronger communities and enhancing the lives of low to moderate income families with modest means. Their mission is to revitalize neighborhoods, transforming them into desirable living spaces. By working collaboratively, the organization aims to improve the overall quality of life within these communities. Nhs Neighborhood Lending Services Inc strives to revitalize these areas, empowering families to call them their neighborhoods of choice.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
NHS Neighborhood Lending Services Inc's impact can be seen in its efforts to build stronger neighborhoods, improve the quality of life for low to moderate-income families, and revitalize communities into neighborhoods of choice. Through its work, NHS Neighborhood Lending Services Inc contributes to creating more vibrant and sustainable communities in Los Angeles, California. Its focus on community improvement aligns with its mission to empower individuals and communities, leading to positive transformations in the areas it serves.
This information is meant to be a general summary of Nhs Neighborhood Lending Services Inc. 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: $346,481
- Program Service Revenue: $927,118
- Gross Receipts: $6,959,224
Assets and Liabilities:
- Total Assets: $35,658,674
- Total Liabilities: $7,057,780
- Net Assets: $28,600,894
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION FEES
Revenue
$719,032
LENDING FEES
Revenue
$208,086
Organization Details
Founding Year
1996
Phone
(213) 381-2862Principal Officer
Lori Gay
Main Address
3926 WILSHIRE BLVD 200, LOS ANGELES, CA, 90010
Website
www.nhslacounty.orgNTEE Category
Code: S30 - Community improvement
If you are a representative of Nhs Neighborhood Lending Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.