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Neighborhood Development Services Inc

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

EIN: 341485111 ✦ Ravenna, OH ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Development Services Inc?

Neighborhood Development Services Inc, located in Ravenna, Ohio with an address at 120 E Main St, is a nonprofit organization dedicated to the construction and rehabilitation of affordable housing throughout Northeast Ohio. Their mission encompasses the revitalization of neighborhoods and communities, primarily benefiting low and moderate-income households. The organization's activities extend beyond just housing, as they engage in community and economic development, job creation, and addiction and recovery services. With a team of 25 employees, Neighborhood Development Services Inc strives to provide affordable housing solutions for single family, multi-family, and senior housing throughout their service area.


Official website here: www.ndsohio.org

Is Neighborhood Development Services Inc legitimate?

Neighborhood Development Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Development Services 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: $239,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,519,812

For more financial information, click here


Official website here: www.ndsohio.org

What is the mission statement of Neighborhood Development Services Inc?

Neighborhood Development Services Inc is committed to revitalizing neighborhoods and communities, focusing primarily on the benefit of low and moderate-income households. They strive to provide or promote affordable housing, community and economic development, job creation, and addiction and recovery services on a statewide level. Through their efforts, they construct and rehabilitate affordable housing for single family, multi-family, and senior living situations. Their mission is to improve living conditions and create opportunities for those in need.


Official website here: www.ndsohio.org

Who is the CEO of Neighborhood Development Services Inc?

Stacy Brown is the Executive Director of Neighborhood Development Services Inc.


Official website here: www.ndsohio.org

What is the revenue of Neighborhood Development Services Inc?

Neighborhood Development Services Inc's revenue in 2022 was $12,047,795.


Official website here: www.ndsohio.org

Who are the executives of Neighborhood Development Services Inc and what are their salaries?

The average compensation at Neighborhood Development Services Inc during 2022 was $70,370. There are 25 employees and 9 volunteers at Neighborhood Development Services Inc.

Here are 11 key members and their salaries:

    Stacy Brown (Executive Director)
  • Compensation: $125,950
  • Related: $0
  • Other: $0

    • Mike Bogo (Deputy Director)
  • Compensation: $113,500
  • Related: $0
  • Other: $0

    • Jeff Mills (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Booher (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Mishler (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Wensel (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heidi Kovach (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Kovolyan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shirley Capparell (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Greenberg (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Blewitt (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ndsohio.org

    Where can I find the form 990 for Neighborhood Development Services Inc?

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


    Official website here: www.ndsohio.org

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

    Mission Statement of Neighborhood Development Services Inc

    Neighborhood Development Services Inc, a nonprofit organization, is dedicated to revitalizing neighborhoods and communities primarily for the benefit of low and moderate-income households. Through statewide provision and promotion, this organization focuses on affordable housing, community and economic development, job creation, and addiction and recovery services.

    The mission of Neighborhood Development Services Inc is multifaceted. It aims to construct and rehabilitate affordable housing throughout its service area, including single family, multi-family, and senior housing. This commitment to affordable housing is a crucial step towards strengthening communities and ensuring that low and moderate-income households have access to safe and affordable living spaces.

    In addition to affordable housing development, Neighborhood Development Services Inc is actively involved in community and economic development initiatives. These efforts create jobs and stimulate local economies, contributing to the overall well-being of the communities they serve. Furthermore, the organization provides addiction and recovery services, addressing a pressing need and offering valuable support to individuals seeking a better future.

    In summary, Neighborhood Development Services Inc is a leading force in neighborhood revitalization. By focusing on affordable housing, community and economic development, job creation, and addiction and recovery services, this organization is committed to improving the lives of low and moderate-income households and fostering thriving communities.

    Impact

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




    Thursday, August 15, 2024

    Neighborhood Development Services Inc's impact includes revitalizing neighborhoods and communities, particularly benefiting low and moderate-income households. They achieve this through the statewide provision and promotion of affordable housing, community and economic development, job creation, and addiction and recovery services. One of their primary activities involves constructing and rehabilitating affordable housing throughout Northeast Ohio, targeting single-family, multi-family, and senior housing in their service area of Ravenna, OH. Through their mission and services, Neighborhood Development Services Inc plays a crucial role in community improvement and the overall well-being of residents in the areas they serve.





    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: $-281,002
  • Program Service Revenue: $10,854,804
  • Gross Receipts: $12,366,753

    • Assets and Liabilities:
  • Total Assets: $46,170,067
  • Total Liabilities: $25,261,341
  • Net Assets: $20,908,726
  • Programs

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

    AFFORDABLE HOUSING DEVELOPMENT

    Revenue

    $5,158,054

    PROGRAM SERVICE FEES

    Revenue

    $4,431,616

    RENTAL INCOME

    Revenue

    $736,173

    PROGRAM SERVICE INTEREST INCOME

    Revenue

    $523,584

    COMMUNITY DEVELOPMENT

    Revenue

    $5,377

    Organization Details

    Founding Year

    1985

    Principal Officer

    Stacy Brown

    Main Address

    120 E MAIN ST, RAVENNA, OH, 44266

    NTEE Category

    Code: S200 - Community improvement

    If you are a representative of Neighborhood Development Services 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.