Overview
What is Corrigan Neighborhood Association Inc?
Corrigan Neighborhood Association Inc, a nonprofit organization based in Omaha, Nebraska, manages a 34-unit rental project named Corrigan Heights. Operating under Section 207 of the National Housing Act of 1974, the project is subsidized and regulated by the U.S. Department of Housing and Urban Development (HUD), receiving a significant portion of its rent from HUD. The project's primary focus is its Section 207 subsidized loan, while it also benefits from Section 8 assistance payments agreements with HUD. The nonmajor program for the project is its Section 8 rent subsidy, aiming to provide affordable housing options in the Omaha community.
Is Corrigan Neighborhood Association Inc legitimate?
Corrigan Neighborhood Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corrigan Neighborhood Association 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: $850
For more financial information, click here
What is the mission statement of Corrigan Neighborhood Association Inc?
The Corrigan Neighborhood Association Inc operates a 34-unit rental project, primarily focused on its Section 207 subsidized loan program. This non-profit organization, regulated by the U.S. Department of Housing and Urban Development (HUD), also receives a significant portion of its rent through Section 8 Assistance Payments Agreements with HUD. The organization's non-major program is its Section 8 rent subsidy, aiming to provide affordable housing solutions.
Who is the CEO of Corrigan Neighborhood Association Inc?
Lisa Clapp Darland Properties is the Member of Corrigan Neighborhood Association Inc.
What is the revenue of Corrigan Neighborhood Association Inc?
Corrigan Neighborhood Association Inc's revenue in 2022 was $700,686.
Who are the executives of Corrigan Neighborhood Association Inc and what are their salaries?
- Lisa Clapp Darland Properties (Member) [Trustee/Director]
- Mary Lou Cavlovik (Vice Preside)
- Michelle Hug (Secretary)
- James B Kresnik (Vice Preside)
- Carl Meyers (President)
- Bill Veys (Treasurer)
Where can I find the form 990 for Corrigan Neighborhood Association Inc?
The Corrigan Neighborhood Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Corrigan Neighborhood Association Inc
Corrigan Neighborhood Association, Inc., a nonprofit organization based in Nebraska, runs a rental project comprising 34 units. This project is regulated by the U.S. Department of Housing and Urban Development (HUD) and operates under Section 207 of the National Housing Act of 1974. The organization's primary focus is its Section 207 subsidized loan program, which is further bolstered by Section 8 Assistance Payments Agreements with HUD. A substantial portion of the project's rent comes from HUD. Apart from the major program, Corrigan Neighborhood Association, Inc., also manages a nonmajor program, which is its Section 8 rent subsidy. This subsidy provides additional financial support to help manage the rental costs for eligible residents. Overall, the mission of Corrigan Neighborhood Association, Inc., is to provide affordable housing to its residents, leveraging various government-backed programs to ensure financial sustainability and tenant support.
Impact
This information is meant to be a general summary of Corrigan Neighborhood Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Corrigan Neighborhood Association Inc's impact can be seen through its ownership and operation of Corrigan Heights, a thirty-four unit rental project in Omaha, Nebraska. This project plays a vital role in providing affordable housing options to the community. Additionally, Corrigan Neighborhood Association Inc's involvement in Section 207 subsidized loans and Section 8 assistance payments agreements with HUD further demonstrates its commitment to ensuring housing affordability and stability for residents. By managing and regulating these programs, the organization helps to address the housing needs of low-income individuals and families in the area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$298,771
Organization Details
Founding Year
1987
Phone
(402) 827-8234
Principal Officer
Lisa Clapp Darland Properties
Main Address
4115 S 133RD STREET, OMAHA, NE, 68137
NTEE Category
Code: L21 - Housing
If you are a representative of Corrigan Neighborhood Association 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.