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Neighborhood Housing Services Of Hamilton Inc

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

EIN: 311353685 ✦ Hamilton, OH ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Housing Services Of Hamilton Inc?

Neighborhood Housing Services of Hamilton Inc., located in Hamilton, Ohio, is a nonprofit community development organization. Their primary mission is to foster healthier and stronger communities, achieved through partnerships with local leaders, businesses, and government entities. The organization empowers low- and moderate-income families to secure homeownership, providing them with financial resources and down payment and closing cost assistance. Furthermore, they focus on neighborhood revitalization and development, inspiring and supporting action leaders while offering educational and training programs. This comprehensive approach aims to build affordable and thriving communities that residents can be proud of, with a current staff of 5 individuals.


Official website here: www.butlercounty-nhs.org

Is Neighborhood Housing Services Of Hamilton Inc legitimate?

Neighborhood Housing Services Of Hamilton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Hamilton 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: $126,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,212

For more financial information, click here


Official website here: www.butlercounty-nhs.org

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

Neighborhood Housing Services Of Hamilton Inc is a community development organization that aims to revitalize and build stronger communities. They achieve this by partnering with local residents, businesses, government, and community leaders. The organization empowers low- and moderate-income families to become homeowners, provides affordable loans and financial resources for first-time homebuyers, and revitalizes neighborhoods through development. They also inspire and support resident action leaders, offering training and education. The primary goal is to build healthier and stronger communities that everyone can be proud of.


Official website here: www.butlercounty-nhs.org

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

Lorie L Distaola is the President of Neighborhood Housing Services Of Hamilton Inc.


Official website here: www.butlercounty-nhs.org

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

Neighborhood Housing Services Of Hamilton Inc's revenue in 2022 was $2,463,885.


Official website here: www.butlercounty-nhs.org

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

The average compensation at Neighborhood Housing Services Of Hamilton Inc during 2022 was $80,682. There are 5 employees and 7 volunteers at Neighborhood Housing Services Of Hamilton Inc.

Here are 8 key members and their salaries:

    Lorie L Distaola (Executive Director)
  • Compensation: $126,200
  • Related: $0
  • Other: $0

    • Robert Hancock (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Hensley (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Thomas (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Jolivette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Groth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Fuchs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Franke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.butlercounty-nhs.org

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

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


    Official website here: www.butlercounty-nhs.org

    Learn more at the official website: www.butlercounty-nhs.org

    Mission Statement of Neighborhood Housing Services Of Hamilton Inc

    Neighborhood Housing Services of Hamilton Inc is a nonprofit community development organization committed to revitalizing and building stronger communities. This organization serves as a partnership between low- and moderate-income families, local businesses, government, and community leaders. Their mission is to foster healthier and more robust communities that everyone can take pride in. To achieve this objective, they empower families to realize the American Dream of homeownership by providing affordable loans and financial resources to first-time homebuyers. Additionally, they engage in neighborhood revitalization and development projects, inspiring and supporting resident action leaders while offering training and education.

    In essence, Neighborhood Housing Services of Hamilton Inc aims to revitalize communities by empowering low- and moderate-income families to achieve homeownership. They recognize that while many families have the desire to own their homes, they often struggle with saving enough for down payments or closing costs. To address this challenge, the organization offers down payment and closing cost grant assistance to qualified homebuyers throughout their service area. This program has proven to be a valuable resource, enabling families and individuals of modest means to achieve their dream of homeownership. By promoting homeownership, Neighborhood Housing Services of Hamilton Inc contributes to building stronger, healthier communities that its partners and community members can take pride in.

    Impact

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




    Thursday, August 15, 2024

    Neighborhood Housing Services Of Hamilton Inc empowers low- and moderate-income families to achieve the American dream of homeownership through various initiatives such as providing affordable loans and financial resources to first-time homebuyers. By offering down payment and closing cost grant assistance to qualified homebuyers in Butler County, Ohio, they enable many families to overcome financial barriers and move towards owning their own homes. Through neighborhood revitalization and development projects, they contribute to building healthier and stronger communities that residents can take pride in. Their collaborations with government, businesses, and community leaders help create lasting positive impacts on housing accessibility and community well-being in Hamilton, Ohio.





    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: $148,804
  • Program Service Revenue: $574,494
  • Gross Receipts: $2,463,885

    • Assets and Liabilities:
  • Total Assets: $5,750,726
  • Total Liabilities: $360,911
  • Net Assets: $5,389,815
  • Programs

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

    RENTAL INCOME

    Revenue

    $176,548

    SALE OF PROPERTIES

    Revenue

    $147,500

    REIMBURSEMENT

    Revenue

    $101,614

    PROCESSING RELATED FEE

    Revenue

    $61,175

    LOAN INTEREST

    Revenue

    $38,898

    Organization Details

    Founding Year

    1992

    Principal Officer

    Lorie L Distaola

    Main Address

    100 SOUTH MARTIN LUTHER KING BLVD, HAMILTON, OH, 45011

    NTEE Category

    Code: L20Z - Housing

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