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Nehi Inc

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

EIN: 201978483 ✦ Allen, NE ✦ Designated as a 501(c)(3)

Overview

What is Nehi Inc?

Nehi Inc is a nonprofit organization based in Allen, Nebraska, primarily focused on enhancing community strength through housing. They accomplish this by employing HUD home funds from the Nebraska Department of Economic Development (NDED) to manage a purchase/rehabilitate/sell program. This program targets households whose income falls within 80% of the area median income. Nehi's mission is to renovate and sell these houses, thereby contributing to the overall improvement of the community.


Is Nehi Inc legitimate?

Nehi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nehi 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: $40,383

For more financial information, click here


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

Mission Statement of Nehi Inc

Nehi Inc, a nonprofit organization, is dedicated to strengthening communities through housing. The mission of Nehi Inc is achieved by administering a purchase, renovate, and sell program, utilizing funds from the Nebraska Department of Economic Development (NDED). This program is specifically designed to assist households whose income falls below 80% of the area median income. Nehi Inc purchases dilapidated homes in Allen, NE, restores them, and then sells them back to eligible families, thereby contributing to the creation of stronger, more resilient communities. The organization's efforts to revitalize neighborhoods and provide affordable housing options ultimately serve to build a better quality of life for the community members it serves.

Impact

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




Wednesday, July 24, 2024

Nehi Inc's impact is profound in building strong communities through housing in Allen, NE. By administering the purchase/rehab/sell program utilizing HUD home funds, Nehi caters to households at or below 80% of the area median income. Through purchasing and renovating houses in Allen, Nehi's mission is evident in its efforts to create stable and vibrant communities through affordable housing initiatives.





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: $227
  • Program Service Revenue: $518,870
  • Gross Receipts: $607,099

    • Assets and Liabilities:
  • Total Assets: $1,156,822
  • Total Liabilities: $7,859
  • Net Assets: $1,148,963
  • Programs

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

    PROJECT HOUSES SOLD

    Revenue

    $515,500

    RENTAL INCOME

    Revenue

    $3,370

    Organization Details

    Founding Year

    2005

    Principal Officer

    Cheryl Lund

    Main Address

    110 EAST 2ND ST, ALLEN, NE, 68710

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Nehi 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.