nonprofit logo

The Neighbor Project

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

EIN: 363753248 ✦ Aurora, IL ✦ Designated as a 501(c)(3)

Overview

What is The Neighbor Project?

The Neighbor Project is a nonprofit organization situated in Aurora, Illinois. Their primary mission is to revitalize neighborhoods by empowering working families through homeownership, education, and savings programs. They achieve this by acquiring and managing existing homes and vacant lots to provide affordable housing opportunities to properly screened low to moderate income families. Additionally, they offer financial assistance in the form of grants and forgivable loans for necessary home repairs, such as roof replacements, major plumbing repairs, electrical upgrades, and furnace replacements, helping families maintain their homes. With a team of 21 dedicated individuals, The Neighbor Project is committed to uplifting communities and improving the lives of their residents.


Official website here: www.neighborproject.us

Is The Neighbor Project legitimate?

The Neighbor Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Neighbor Project 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: $104,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $747,427

For more financial information, click here


Official website here: www.neighborproject.us

What is the mission statement of The Neighbor Project?

The Neighbor Project's mission is centered around empowering working families to revitalize their communities. This is achieved through initiatives focused on homeownership, education, and savings programs. By providing affordable housing and savings opportunities to properly screened low to moderate income families, the project aims to revitalize neighborhoods. Additionally, the project assists families in maintaining their homes by managing significant repair projects on their behalf. In 2022, around 20 households received grant or loan assistance for repairs, including tasks such as roof replacements, major plumbing repairs, electrical upgrades, and furnace replacements.


Official website here: www.neighborproject.us

Who is the CEO of The Neighbor Project?

Richard Guzman is the Principal Officer of The Neighbor Project.


Official website here: www.neighborproject.us

What is the revenue of The Neighbor Project?

The Neighbor Project's revenue in 2022 was $2,064,993.


Official website here: www.neighborproject.us

Who are the executives of The Neighbor Project and what are their salaries?

The average compensation at The Neighbor Project during 2022 was $40,560. There are 21 employees and 100 volunteers at The Neighbor Project.

Here are 15 key members and their salaries:

    Rick Guzman (Executive Dir.)
  • Compensation: $104,343
  • Related: $0
  • Other: $0

    • Daniel Dolan (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Divine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Viviana Vargas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzette Murray (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Frerich (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Baum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Avis Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Schrader (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Wiggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bart Grometer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Uni Torres-Camacho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eva Serrano Edd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Campos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Dadara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.neighborproject.us

    Where can I find the form 990 for The Neighbor Project?

    The The Neighbor Project’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.neighborproject.us

    Learn more at the official website: www.neighborproject.us

    Mission Statement of The Neighbor Project

    The Neighbor Project, an organization dedicated to its mission, aims to harness the potential of working families to revitalize their neighborhoods. It achieves this by focusing on homeownership, education, and savings programs. By managing and obtaining existing homes and vacant lots, the organization provides affordable housing and savings opportunities for properly screened low to moderate income families. Furthermore, The Neighbor Project assists families in maintaining their homes by undertaking significant home repair projects on their behalf. In 2022, nearly 20 households benefited from pass-through grants and forgivable loans, which covered repairs such as roof replacements, major plumbing repairs, electrical upgrades, and furnace replacements. This mission of The Neighbor Project empowers families and contributes to the overall enhancement of their neighborhoods.

    Impact

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




    Thursday, August 15, 2024

    The Neighbor Project has had a significant impact on the community by activating the potential of working families to revitalize their neighborhoods through homeownership, education, and savings programs. By managing and obtaining existing homes and vacant lots, this organization provides affordable housing and savings opportunities to properly screened low to moderate-income families. Additionally, they help families stay in their homes by overseeing significant home repair projects on behalf of the homeowners. In 2022 alone, nearly 20 households received pass-through grants/forgivable loans for repairs, including roof replacements, major plumbing repairs, upgrading dangerous electrical systems, furnace replacements, and more. This impactful work contributes to the overall well-being and stability of the community in Aurora, Illinois.





    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: $36
  • Program Service Revenue: $289,623
  • Gross Receipts: $2,089,762

    • Assets and Liabilities:
  • Total Assets: $2,691,907
  • Total Liabilities: $1,675,626
  • Net Assets: $1,016,281
  • Programs

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

    NET RENTS - PGM SERVICES

    Revenue

    $289,623

    Organization Details

    Founding Year

    1991

    Principal Officer

    Richard Guzman

    Main Address

    32 SOUTH BROADWAY, AURORA, IL, 60505

    NTEE Category

    Code: L210 - Housing

    If you are a representative of The Neighbor Project 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.