Overview
What is Urban Homeworks Inc?
Urban Homeworks Inc is a Minneapolis, Minnesota-based nonprofit organization with a focus on real estate development, specifically the acquisition and improvement of housing in distressed areas of the Twin Cities. Since 1995, they have constructed, rehabilitated, and managed scattered, multi-unit, and single-family housing. Their approach to rehabilitation maximizes economic and social benefits for the communities they serve, while also fostering job opportunities for local, minority, female, and Section 3 subcontractors and trainees. Urban Homeworks Inc aims to perpetuate the hope of Jesus Christ through innovative community development, committing to revitalize neighborhoods by investing in affordable housing and creating local economic opportunities.
Official website here: www.urbanhomeworks.org
Is Urban Homeworks Inc legitimate?
Urban Homeworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Homeworks 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: $130,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $724,079
For more financial information, click here
Official website here: www.urbanhomeworks.org
What is the mission statement of Urban Homeworks Inc?
Urban Homeworks Inc's mission is centered around perpetuating hope through innovative community development. This organization achieves this by focusing on real estate development, specifically in the acquisition, construction, and management of housing in distressed areas. They have a unique approach towards smaller, multi-unit rental properties, aiming to build healthy neighborhoods with multiple access points in the housing ecosystem. Urban Homeworks' rehabilitation model leverages their housing development and construction process to maximize economic and social benefits for the communities they serve. They also reclaim abandoned or foreclosed properties as a cost-effective approach to increasing the housing supply. Their investments in affordable housing are directly tied to efforts to trigger both a housing and economic recovery, achieved through partnerships, job creation, and local hiring opportunities.
Official website here: www.urbanhomeworks.org
Who is the CEO of Urban Homeworks Inc?
What is the revenue of Urban Homeworks Inc?
Who are the executives of Urban Homeworks Inc and what are their salaries?
The average compensation at Urban Homeworks Inc during 2022 was $47,494. There are 18 employees and 400 volunteers at Urban Homeworks Inc.
Here are 9 key members and their salaries:
- Cassie Young (Executive Director)
- Danyika Leonard (Co-Chair) [Trustee/Director]
- Lindsey Hunter (Director)
- Rev Jim Bear Jacobs (Co-Chair) [Trustee/Director]
- Ravie Singh (Director)
- Lee Schafer (Treasurer) [Trustee/Director]
- Sadaqah Jones (Director)
- Claudia Oxley (Secretary) [Trustee/Director]
- Tiffany Dykes (Director)
Official website here: www.urbanhomeworks.org
Where can I find the form 990 for Urban Homeworks Inc?
The Urban Homeworks Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.urbanhomeworks.org
Learn more at the official website: www.urbanhomeworks.org
Mission Statement of Urban Homeworks Inc
Urban Homeworks Inc, a community development organization, is dedicated to perpetuating the hope of Jesus Christ in innovative ways. Their mission is centered around this ideology, aiming to contribute to community development through unique approaches.
Specifically, Urban Homeworks Inc focuses on real estate development, primarily in the areas of Minneapolis and St. Paul. They have a distinctive approach in constructing, rehabilitating, and managing smaller, multi-unit rental properties. This strategy is designed to foster healthy neighborhoods, leveraging multiple access points in the housing ecosystem.
In the realm of housing rehabilitation, Urban Homeworks Inc employs a cost-effective approach by reclaiming abandoned or foreclosed properties. This method not only increases the housing supply in the Twin Cities but also directly ties their affordable housing investments to efforts towards a housing and economic recovery. Through partnerships and job creation, their model aims to expand economic opportunities and enhance the economic impact of their work in the served communities. This is achieved by localizing hiring, utilizing underutilized local resources, and fostering job connections and job creation. By doing so, the dollars invested in housing development remain within the intended benefiting community, amplifying the impact of their housing development investment.
Impact
This information is meant to be a general summary of Urban Homeworks Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Urban Homeworks Inc's impact can be seen in their innovative community development efforts in distressed areas of Minneapolis and St. Paul. By focusing on smaller, multi-unit rental properties, they are building healthy neighborhoods through various access points in the housing ecosystem. Their model of rehabilitating housing not only adds much-needed housing units but also maximizes economic and social benefits for the communities they serve.
Urban Homeworks Inc's unique approach of reclaiming abandoned/foreclosed properties is cost-effective and helps increase the housing supply in the Twin Cities. Through partnerships and job creation, they are triggering both a housing and economic recovery. By collaborating with local, minority, female, and Section 3 subcontractors and trainees, they are expanding economic opportunities and ensuring that dollars invested in housing remain in the community.
Overall, Urban Homeworks Inc's impact goes beyond just providing housing; they are actively working to improve and revitalize communities, create job opportunities, and perpetuate hope through their innovative approach to community development.
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.
RENTAL INCOME
Revenue
$1,455,430
PROGRAM REVENUE
Revenue
$118,756
INTEREST INCOME ON LOANS
Revenue
$20,460
EQUITY EARNINGS IN NORTHSIDE HOME
Revenue
$-21,892
Organization Details
Founding Year
1995
Phone
(612) 724-9002
Principal Officer
Cassie Young
Main Address
927 WEST BROADWAY 301, MINNEAPOLIS, MN, 55411
Website
www.urbanhomeworks.org
NTEE Category
Code: S217 - Community improvement
If you are a representative of Urban Homeworks 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.