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Neighborhood Housing Services Of Waterbury Inc

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

EIN: 061022915 ✦ Waterbury, CT ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Housing Services Of Waterbury Inc?

Neighborhood Housing Services of Waterbury Inc, situated in Waterbury, Connecticut, is a dedicated nonprofit organization with a mission to strengthen communities. They accomplish this through affordable and comprehensive housing development, financial education, and advocating for home and community ownership. Their primary focus is on potential homebuyers, providing them with essential tools such as pre- and post-purchase counseling, budgeting and debt management, financial planning, credit repair, and landlord education. For existing homeowners, they offer support through budgeting and spending counseling, refinancing assistance, DIY training, and helping to lower homeownership costs to avoid foreclosure. With a team of 19 dedicated individuals, Neighborhood Housing Services of Waterbury Inc is committed to empowering individuals and families to achieve and maintain the dream of lifelong homeownership, thereby fostering strong neighborhoods and communities.


Official website here: www.nhswaterbury.org

Is Neighborhood Housing Services Of Waterbury Inc legitimate?

Neighborhood Housing Services Of Waterbury Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Waterbury 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,255,760

For more financial information, click here


Official website here: www.nhswaterbury.org

What is the mission statement of Neighborhood Housing Services Of Waterbury Inc?

Neighborhood Housing Services of Waterbury Inc's mission is centered around strengthening communities by promoting affordable and comprehensive housing development. They achieve this through various initiatives, including financial education programs. The organization's primary goal is to encourage homeownership, providing potential homebuyers with necessary tools for success. This is accomplished through pre- and post-purchase counseling, budgeting and debt management workshops, financial planning, credit repair, and landlord education. Additionally, Neighborhood Housing Services of Waterbury Inc offers a homeownership preservation program, which provides assistance to existing homeowners facing challenges with budgeting, refinancing, and avoiding foreclosure. The aim is to help homeowners hold onto their properties and minimize losses.


Official website here: www.nhswaterbury.org

Who is the CEO of Neighborhood Housing Services Of Waterbury Inc?

Monroe Webster is the Secretary of Neighborhood Housing Services Of Waterbury Inc.


Official website here: www.nhswaterbury.org

What is the revenue of Neighborhood Housing Services Of Waterbury Inc?

Neighborhood Housing Services Of Waterbury Inc's revenue in 2022 was $5,392,269.


Official website here: www.nhswaterbury.org

Who are the executives of Neighborhood Housing Services Of Waterbury Inc and what are their salaries?

The average compensation at Neighborhood Housing Services Of Waterbury Inc during 2022 was $118,724. There are 19 employees at Neighborhood Housing Services Of Waterbury Inc.

Here are 7 key members and their salaries:

    David Aurigemma (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy B Fay (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Gilbode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis Guerrera (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren Leach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pastor Rodney D Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monroe Webster (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nhswaterbury.org

    Where can I find the form 990 for Neighborhood Housing Services Of Waterbury Inc?

    The Neighborhood Housing Services Of Waterbury Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nhswaterbury.org

    Learn more at the official website: www.nhswaterbury.org

    Mission Statement of Neighborhood Housing Services Of Waterbury Inc

    Neighborhood Housing Services of Waterbury Inc is committed to strengthening neighborhoods and communities by promoting affordable and comprehensive housing development, financial education, and encouraging home and community ownership. This nonprofit organization's mission is centered around the belief that homeownership is a fundamental building block of a strong community. Through their Homeownership Promotion Programs, Neighborhood Housing Services of Waterbury Inc provides potential homebuyers with essential tools to realize their dream of lifelong homeownership. This is accomplished through pre- and post-purchase counseling and workshops, focusing on budgeting and debt management, financial planning and management, credit repair, and landlord education.

    In addition to helping potential homeowners, Neighborhood Housing Services of Waterbury Inc also offers a Homeownership Preservation Program. This program combines clinics and counseling services to assist existing homeowners in maintaining their homes during challenging times. By providing budgeting and spending counseling, refinancing help, do-it-yourself training, education on lowering the costs of homeownership, and avoiding foreclosure, among other services, this program helps homeowners keep their homes and minimize losses. In short, Neighborhood Housing Services of Waterbury Inc is dedicated to improving communities by empowering individuals to become successful homeowners and supporting existing homeowners in preserving their homes.

    Impact

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




    Saturday, July 20, 2024

    Neighborhood Housing Services of Waterbury Inc is dedicated to building strong neighborhoods and communities through affordable housing development and financial education. By empowering potential homebuyers with the necessary tools and knowledge, they help individuals achieve lifelong homeownership. Their programs focus on pre- and post-purchase counseling, budgeting, debt management, financial planning, credit repair, and landlord education. Additionally, their homeownership preservation program offers support to existing homeowners facing challenges, such as foreclosure, by providing counseling, refinancing assistance, cost reduction education, and loan modification help. Through these initiatives, Neighborhood Housing Services of Waterbury Inc has a significant impact on increasing homeownership rates, preserving home ownership, and fostering a sense of community ownership and empowerment in Waterbury, Connecticut.





    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: $329
  • Program Service Revenue: $4,765,159
  • Gross Receipts: $5,392,269

    • Assets and Liabilities:
  • Total Assets: $6,463,750
  • Total Liabilities: $1,254,421
  • Net Assets: $5,209,329
  • Programs

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

    HOME OWNERSHIP FEES

    Revenue

    $4,672,563

    RENTAL INCOME

    Revenue

    $92,596

    Organization Details

    Founding Year

    1980

    Principal Officer

    Monroe Webster

    Main Address

    193 GRAND STREET, WATERBURY, CT, 06702

    NTEE Category

    Code: L80Z - Housing

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