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Neighborhood Preservation Inc

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

EIN: 275374482 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Preservation Inc?

Neighborhood Preservation Inc, located in Memphis, Tennessee, is a dedicated nonprofit organization. Its primary focus is to revitalize neighborhoods by addressing intractable property issues. They achieve this through direct investment and supporting their transformation project partners. This approach removes systemic barriers to community renewal, utilizing innovative policies. Their mission is to promote neighborhood revitalization, collaboratively developing sustainable solutions to blighted properties and the underlying systems causing widespread neglect, vacancy, and abandonment of real estate.


Is Neighborhood Preservation Inc legitimate?

Neighborhood Preservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Preservation 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: $384,653

For more financial information, click here


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

Mission Statement of Neighborhood Preservation Inc

Neighborhood Preservation Inc, a nonprofit organization, is committed to eliminating systemic barriers that hinder community revitalization. They achieve this mission through policy and innovation. The primary focus of Neighborhood Preservation Inc is to promote neighborhood renewal by collaborating with various stakeholders to develop feasible and sustainable solutions to problems associated with blighted properties and the systems that lead to widespread neglect, vacancy, and abandonment of real estate.

In pursuit of its goal, Neighborhood Preservation Inc provides direct investment in resolving or repairing intractable problem properties. This support is extended to their nonprofit neighborhood transformation project partners. By doing so, Neighborhood Preservation Inc aims to contribute to the overall revitalization of affected communities. The organization's mission is to foster a positive change in neighborhoods, addressing the root causes of blighted properties and the systems that enable their proliferation.

Impact

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




Thursday, August 15, 2024

Neighborhood Preservation Inc plays a crucial role in promoting neighborhood revitalization in Memphis, TN. By collaboratively developing practical and sustainable resolutions to blighted properties and the systems that lead to neglect and abandonment of real estate, NPI is directly removing systemic barriers to community revitalization. Through their innovative approach, NPI grants direct investment to nonprofit neighborhood transformation project partners, helping to resolve and repair intractable problem properties. This proactive stance towards addressing blight and disinvestment in communities has a tangible impact on improving the quality of life and sense of safety and belonging for residents in Memphis.





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: $0
  • Program Service Revenue: $60,000
  • Gross Receipts: $1,209,301

    • Assets and Liabilities:
  • Total Assets: $3,658,710
  • Total Liabilities: $911,364
  • Net Assets: $2,747,346
  • Programs

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

    Management Fees

    Revenue

    $60,000

    Organization Details

    Founding Year

    2013

    Principal Officer

    Kendrick Joyce

    Main Address

    1471 Genesis Circle, Memphis, TN, 38106

    NTEE Category

    Code: S20 - Community improvement

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