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Elkhorn Valley Community Development Corporation

Neighborworks Northeast Nebraska

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

EIN: 470783310 ✦ Norfolk, NE ✦ Designated as a 501(c)(3)

Overview

What is Elkhorn Valley Community Development Corporation?

Elkhorn Valley Community Development Corporation, operating under the name NeighborWorks Northeast Nebraska, is a community-focused nonprofit based in Norfolk, Nebraska. Their primary mission is to develop housing opportunities, empower individuals and families, and revitalize and strengthen communities. They achieve this by providing no-interest loans to low to moderate income individuals and families for the purchase of a home through their Purchase/Rehabilitation/Resell program. With a team of seven dedicated employees, this nonprofit corporation aims to enhance living conditions and contribute positively to the neighborhoods they serve.


Official website here: www.nwnen.org

Is Elkhorn Valley Community Development Corporation legitimate?

Elkhorn Valley Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elkhorn Valley 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: $293,118
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,467

For more financial information, click here


Official website here: www.nwnen.org

What is the mission statement of Elkhorn Valley Community Development Corporation?

The Elkhorn Valley Community Development Corporation, often referred to as NeighborWorks Northeast Nebraska (NWNEN), serves as a Community Housing Development Corporation (CHDO). Their primary mission is to develop housing opportunities, empower individuals and families, and revitalize and strengthen communities. By adhering to this mission, the organization aims to improve living conditions and provide support to those in need. One of their key initiatives involves offering no-interest loans to low to moderate income individuals and families for the purchase of a home through their Purchase/Rehabilitation/Resell program. This initiative not only helps individuals secure housing but also contributes to the overall revitalization of communities.


Official website here: www.nwnen.org

Who is the CEO of Elkhorn Valley Community Development Corporation?

Mitchell Schultze is the President of Elkhorn Valley Community Development Corporation. The CEO's salary of Elkhorn Valley Community Development Corporation is $120,199 and their total compensation is $120,199.


Official website here: www.nwnen.org

What is the revenue of Elkhorn Valley Community Development Corporation?

Elkhorn Valley Community Development Corporation's revenue in 2022 was $3,261,927.


Official website here: www.nwnen.org

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

The average compensation at Elkhorn Valley Community Development Corporation during 2022 was $75,369. There are 7 employees at Elkhorn Valley Community Development Corporation.

Here are 12 key members and their salaries (Elkhorn Valley Community Development Corporation's CEO's salary is $120,199 and their total compensation is $120,199):

    Roger Nadrchal (Ceo) [Trustee/Director]
  • Compensation: $120,199
  • Related: $0
  • Other: $0

    • Karen Eisenbraun (Cfo) [Trustee/Director]
  • Compensation: $88,815
  • Related: $0
  • Other: $0

    • Quelbin Izaguirre (Coo) [Trustee/Director]
  • Compensation: $84,104
  • Related: $0
  • Other: $0

    • Mitchell Schultze (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Bywater (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Chochon (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Wolfe (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Poppe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jake Gable (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mayra Mendoza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandro Sandoval (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nwnen.org

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

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


    Official website here: www.nwnen.org

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

    Mission Statement of Elkhorn Valley Community Development Corporation

    Elkhorn Valley Community Development Corporation, commonly known as NeighborWorks Northeast Nebraska (NWNEN), is a dedicated community housing development corporation. Their mission is multifaceted, encompassing the development of housing opportunities, the empowerment of individuals and families, and the revitalization and strengthening of communities.

    At the heart of their operations, Elkhorn Valley Community Development Corporation provides no-interest loans to low to moderate income individuals and families for the purchase of a home through their Purchase/Rehabilitation/Resell program. This initiative is a testament to their commitment to making homeownership more accessible, thereby empowering families and contributing to the strengthening of communities. By offering such opportunities, the corporation plays a significant role in providing a stable foundation for families, which in turn contributes to the overall well-being and vitality of the communities they serve.

    Impact

    This information is meant to be a general summary of Elkhorn Valley 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

    Elkhorn Valley Community Development Corporation, also known as NeighborWorks Northeast Nebraska, has a significant impact on the community by developing housing opportunities, empowering individuals and families, and revitalizing and strengthening neighborhoods. Through initiatives such as the purchase/rehabilitation/resell program, they provide no-interest loans to low to moderate-income individuals and families to purchase a home. This not only helps individuals achieve homeownership but also contributes to the overall improvement of the community by revitalizing neighborhoods. Elkhorn Valley Community Development Corporation's work plays a vital role in addressing housing needs and fostering community development in Norfolk, Nebraska.





    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: $64,049
  • Program Service Revenue: $2,154,697
  • Gross Receipts: $3,282,437

    • Assets and Liabilities:
  • Total Assets: $15,865,165
  • Total Liabilities: $878,480
  • Net Assets: $14,986,685
  • Programs

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

    PROJECT PROCEEDS

    Revenue

    $2,130,300

    FEES AND ADMINISTRATION FEES

    Revenue

    $21,969

    RENT INCOME

    Revenue

    $2,428

    Organization Details

    Founding Year

    1994

    Principal Officer

    Mitchell Schultze

    Main Address

    213 SOUTH 1ST STREET, NORFOLK, NE, 68701

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of Elkhorn Valley 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.