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Heart Of The City Neighborhoods Inc

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

EIN: 161544656 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

Overview

What is Heart Of The City Neighborhoods Inc?

Heart of the City Neighborhoods Inc., based in Buffalo, New York, is a not-for-profit organization with a mission to foster and support housing and neighborhood development within the city. This dedicated corporation works tirelessly towards the betterment of Western New York neighborhoods, striving for preservation and development. With a team of 12 employees, Heart of the City Neighborhoods Inc. plays a pivotal role in promoting the well-being of their community.


Official website here: www.hocn.org

Is Heart Of The City Neighborhoods Inc legitimate?

Heart Of The City Neighborhoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Of The City Neighborhoods 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: $105,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,856

For more financial information, click here


Official website here: www.hocn.org

What is the mission statement of Heart Of The City Neighborhoods Inc?

Heart of the City Neighborhoods Inc., a not-for-profit corporation, is dedicated to promoting neighborhood development and preservation in Western New York. Its mission is to facilitate and support housing development and improve neighborhoods in the city of Buffalo. The organization aims to create a positive impact in its community by fostering growth and stability in local neighborhoods.


Official website here: www.hocn.org

Who is the CEO of Heart Of The City Neighborhoods Inc?

Stephanie Simeon is the President of Heart Of The City Neighborhoods Inc.


Official website here: www.hocn.org

What is the revenue of Heart Of The City Neighborhoods Inc?

Heart Of The City Neighborhoods Inc's revenue in 2022 was $1,658,680.


Official website here: www.hocn.org

Who are the executives of Heart Of The City Neighborhoods Inc and what are their salaries?

The average compensation at Heart Of The City Neighborhoods Inc during 2022 was $37,854. There are 12 employees at Heart Of The City Neighborhoods Inc.

Here are 9 key members and their salaries:

    Stephanie J Simeon (Executive Director)
  • Compensation: $79,124
  • Related: $0
  • Other: $0

    • Michelle Wooten (Director Of Finance)
  • Compensation: $20,717
  • Related: $0
  • Other: $0

    • Lauren M Gannon (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Falk (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Bender (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexander Drainville (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colleen Roberts (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adebare Ogunleye (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Lander (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hocn.org

    Where can I find the form 990 for Heart Of The City Neighborhoods Inc?

    The Heart Of The City Neighborhoods Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hocn.org

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

    Mission Statement of Heart Of The City Neighborhoods Inc

    Heart of the City Neighborhoods Inc, a not-for-profit corporation, is committed to the mission of fostering neighborhood development and preservation in Western New York. Their primary objective is to create, facilitate, and support housing and neighborhood development in Buffalo, the city they serve. This organization's efforts are geared towards improving the living conditions and overall well-being of the communities they are involved with, thereby contributing to a better quality of life for its residents.

    Impact

    This information is meant to be a general summary of Heart Of The City Neighborhoods Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Heart Of The City Neighborhoods Inc's impact is focused on Western New York neighborhood development and preservation, specifically in the city of Buffalo. This organization works to create, facilitate, and support housing and neighborhood development initiatives. Their efforts contribute to improving the quality of life for residents in Buffalo by addressing housing issues and enhancing community development. Their work ultimately strengthens the fabric of neighborhoods and promotes sustainable growth and revitalization in the region.





    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: $99
  • Program Service Revenue: $143,734
  • Gross Receipts: $1,658,680

    • Assets and Liabilities:
  • Total Assets: $565,159
  • Total Liabilities: $430,283
  • Net Assets: $134,876
  • Programs

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

    TECHNICAL ASSISTANCE

    Revenue

    $124,906

    MANAGEMENT FEES

    Revenue

    $13,430

    RENTAL INCOME

    Revenue

    $5,398

    Organization Details

    Founding Year

    1995

    Principal Officer

    Stephanie Simeon

    Main Address

    191 NORTH STREET 1, BUFFALO, NY, 14201

    NTEE Category

    Code: L20 - Housing

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