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Hazelwood Initiative Inc

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

EIN: 251825591 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

Overview

What is Hazelwood Initiative Inc?

Hazelwood Initiative Inc, located in Pittsburgh, Pennsylvania, is a dedicated nonprofit organization with a mission to strengthen its community. Their primary focus lies in real estate development, encompassing both affordable housing and commercial projects. The affordable housing program aims to support existing homeowners and renters, helping them maintain their homes and transition into homeownership respectively. Simultaneously, their commercial development program strives to transform the neighborhood business district into a vibrant town center, while nurturing 40 entrepreneurs, small businesses, and organizations. With a team of nine dedicated individuals, Hazelwood Initiative Inc is committed to fostering an inclusive and thriving community in Pittsburgh.


Is Hazelwood Initiative Inc legitimate?

Hazelwood Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hazelwood Initiative 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: $111,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $365,280

For more financial information, click here


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

Mission Statement of Hazelwood Initiative Inc

Hazelwood Initiative, a nonprofit organization, is dedicated to strengthening the community of Hazelwood through inclusive community development. Their mission encompasses two primary areas: real estate development and inclusive community building.

In the realm of real estate development, Hazelwood Initiative focuses on two main objectives. Firstly, they aim to assist existing homeowners in maintaining their residences by providing support with necessary deferred maintenance tasks. This initiative helps to preserve the integrity of homes and enables residents to continue living in their communities. Secondly, Hazelwood Initiative works towards empowering Hazelwood renters to become homeowners. They also strive to preserve and develop affordable rental housing, ensuring that a diverse range of individuals can afford to live in the community.

The commercial development program of Hazelwood Initiative is another crucial component of their mission. Their goal is to transform the neighborhood business district into a lively, walkable town center. By supporting the growth and development of 40 entrepreneurs, small businesses, and organizations, Hazelwood Initiative is actively contributing to the vibrancy and economic growth of the community.

In essence, Hazelwood Initiative's mission is to foster a stronger, more inclusive community by addressing the needs of both homeowners and renters, as well as by stimulating business growth and development. Their efforts aim to create a thriving, sustainable neighborhood where residents can live, work, and enjoy a high quality of life.

Impact

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




Thursday, August 15, 2024

Hazelwood Initiative Inc's impact can be seen in the community of Hazelwood in Pittsburgh, PA, where they are actively working to build a stronger and more inclusive neighborhood through their real estate development programs. Their focus on affordable housing and commercial development aims to support existing homeowners, assist renters in becoming homeowners, and preserve affordable rental housing. Additionally, their efforts in commercial development aim to create a vibrant town center and support local entrepreneurs and small businesses. Overall, Hazelwood Initiative Inc is making a significant impact in improving the overall quality of life and economic opportunities for residents of Hazelwood.





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: $5,087
  • Program Service Revenue: $16,036
  • Gross Receipts: $3,341,818

    • Assets and Liabilities:
  • Total Assets: $14,161,652
  • Total Liabilities: $5,013,718
  • Net Assets: $9,147,934
  • Programs

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

    Newspaper Advertising

    Revenue

    $16,036

    Organization Details

    Founding Year

    1999

    Principal Officer

    Sonya Tilghman

    Main Address

    4901 Second Avenue 2nd Floor, Pittsburgh, PA, 15207

    NTEE Category

    Code: S22 - Community improvement

    If you are a representative of Hazelwood Initiative 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.