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New Community Development Corporation

Neighborworks Home Solutions

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

EIN: 470754453 ✦ Council bluffs, IA ✦ Designated as a 501(c)(3)

Overview

What is New Community Development Corporation?

The New Community Development Corporation, known as NeighborWorks Home Solutions, is a nonprofit organization based in Council Bluffs, Iowa. Their primary mission is to provide safe, affordable, and high-quality housing options for low and moderate-income families in the Omaha/Council Bluffs metropolitan area, expanding their reach to Douglas, Sarpy, and Pottawattamie counties in Iowa. To achieve this goal, they have constructed new energy-efficient homes and assisted 1 new homeowner with down payment assistance. Additionally, they operate 360 rental units, prioritizing those in need of affordable housing. Their InFILL program bridges the affordability gap by providing financial assistance to qualified buyers of newly constructed homes, contributing positively to the tax base of the surrounding areas. The organization currently employs 4 individuals in their mission to improve housing conditions for the community.


Official website here: www.nwhomesolutions.org

Is New Community Development Corporation legitimate?

New Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Community Development Corporation 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: $178,837
Professional Fundraising Fees: $1,414
Other Salaries and Wages: $117,263

For more financial information, click here


Official website here: www.nwhomesolutions.org

What is the mission statement of New Community Development Corporation?

The New Community Development Corporation's mission is centered around providing safe, affordable, and high-quality housing for families with low to moderate incomes. This mission extends to Douglas, Sarpy NE, and Pottawattamie County, Iowa, with a particular focus on the Omaha/Council Bluffs metropolitan area. The organization strives to make a significant impact on the local community by constructing energy-efficient homes and placing families in these properties. Additionally, the organization runs an INFIL program, which aids qualified buyers of newly constructed homes by offering down payment assistance, thereby helping to bridge the affordability gap. Furthermore, the corporation manages 360 rental units, placing a strong emphasis on housing for low to moderate income individuals.


Official website here: www.nwhomesolutions.org

Who is the CEO of New Community Development Corporation?

David Hazlewood is the Chief Operating Officer of New Community Development Corporation. The CEO's salary of New Community Development Corporation is $80,853 and their total compensation is $91,543.


Official website here: www.nwhomesolutions.org

What is the revenue of New Community Development Corporation?

New Community Development Corporation's revenue in 2022 was $3,302,380.


Official website here: www.nwhomesolutions.org

Who are the executives of New Community Development Corporation and what are their salaries?

The average compensation at New Community Development Corporation during 2022 was $74,025. There are 4 employees at New Community Development Corporation.

Here are 10 key members and their salaries (New Community Development Corporation's CEO's salary is $80,853 and their total compensation is $91,543):

    Leslie Coleman (Chief Executive Officer)
  • Compensation: $80,853
  • Related: $0
  • Other: $10,690

    • David Hazlewood (Chief Operating Officer)
  • Compensation: $74,130
  • Related: $0
  • Other: $11,687

    • Karen Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruy Acevedo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Hunter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim German (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • M John Kilnoski (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest White (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Berry (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.nwhomesolutions.org

    Where can I find the form 990 for New Community Development Corporation?

    The New Community Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nwhomesolutions.org

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

    Mission Statement of New Community Development Corporation

    The New Community Development Corporation, as its mission statement suggests, is committed to providing safe, affordable, and high-quality housing for low and moderate-income families. With a particular emphasis on the Omaha/Council Bluffs metropolitan area, this organization aims to make a significant impact in the local community.

    In pursuit of this mission, the New Community Development Corporation has actively engaged in constructing and placing new energy-efficient homes for eligible families. Currently, they have one homeowner residing in such a property, with six more under construction. The organization's efforts extend beyond home construction, as they also implement the INFIL program, which assists qualified buyers of the newly constructed homes with down payment assistance. This initiative not only helps bridge the affordability gap but also contributes to increasing the tax base of the areas where these homes are built.

    Furthermore, the New Community Development Corporation manages 360 rental units, focusing on meeting the housing needs of low to moderate-income individuals. This comprehensive approach to housing provision ensures that the organization is making a tangible impact in the lives of those in need, thereby contributing to the overall well-being of the community.

    Impact

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




    Saturday, July 20, 2024

    New Community Development Corporation's impact can be seen in the provision of safe, affordable, and high-quality housing for low and moderate-income families in the Douglas & Sarpy NE, & Pottawattamie County IA areas, with a focus on the Omaha/Council Bluffs metropolitan area. The organization has made a significant difference in the local community by placing new homeowners in energy-efficient quality homes, with six more under construction. Additionally, the INFIL program has helped bridge the affordability gap by providing down payment assistance for qualified buyers of the newly constructed homes, thus increasing the tax base of the areas where the homes are built. Operating 360 rental units with a focus on low to moderate-income individuals further showcases the organization's commitment to addressing housing needs in Council Bluffs and surrounding areas.





    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: $1,030
  • Program Service Revenue: $1,767,670
  • Gross Receipts: $3,778,197

    • Assets and Liabilities:
  • Total Assets: $11,220,340
  • Total Liabilities: $4,461,697
  • Net Assets: $6,758,643
  • Programs

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

    RENTS

    Revenue

    $1,767,670

    Organization Details

    Founding Year

    1992

    Principal Officer

    David Hazlewood

    Main Address

    222 SOUTH 6TH STREET, Council Bluffs, IA, 51501

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of New Community Development Corporation 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.