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Neighborhood Development Associnc

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

EIN: 043240183 ✦ Lynn, MA ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Development Associnc?

Neighborhood Development Association, situated in Lynn, Massachusetts, is a dedicated nonprofit organization specializing in housing rehabilitation. Their primary goal is to construct homes that are affordable for individuals with moderate to low incomes. This mission is at the heart of their activities and drives their day-to-day operations. The association plays a significant role in providing housing solutions for this particular demographic, contributing positively to the local community.


Is Neighborhood Development Associnc legitimate?

Neighborhood Development Associnc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Development Associnc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Neighborhood Development Associnc?
Who is the CEO of Neighborhood Development Associnc?
What is the revenue of Neighborhood Development Associnc?
Who are the executives of Neighborhood Development Associnc and what are their salaries?
Where can I find the form 990 for Neighborhood Development Associnc?

Mission Statement of Neighborhood Development Associnc

Neighborhood Development Association, a housing rehabilitation nonprofit based in Lynn, MA, is dedicated to constructing homes for individuals with moderate to low income levels. This mission-driven organization aims to provide affordable housing solutions, contributing significantly to the community and empowering its residents. By focusing on building homes for those who may not otherwise have access to such opportunities, Neighborhood Development Association is making a tangible difference in people's lives, enabling them to establish a stable and secure living environment.

Impact

This information is meant to be a general summary of Neighborhood Development Associnc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Neighborhood Development Associnc's impact is significant in providing housing opportunities for low to moderate-income buyers in Lynn, MA. They are actively involved in building homes and rehabilitating properties to create affordable housing options for those in need. Their work directly contributes to addressing the housing needs of the community and improving the overall quality of life for residents in Lynn.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $1,371,467
  • Program Service Revenue: $0
  • Gross Receipts: $7,256,243

    • Assets and Liabilities:
  • Total Assets: $7,920,138
  • Total Liabilities: $1,376,462
  • Net Assets: $6,543,676
  • Organization Details

    Principal Officer

    Christine Newhall

    Main Address

    10 CHURCH STREET, LYNN, MA, 01902

    NTEE Category

    Code: L99 - Housing

    If you are a representative of Neighborhood Development Associnc 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.