Overview
What is Neighborhood Housing Services Of Baltimore Inc?
Neighborhood Housing Services of Baltimore Inc, situated in Baltimore, Maryland, is a nonprofit organization dedicated to fostering homeownership and financial stability within local communities. Their mission involves stimulating, protecting, and preserving homeownership, thereby enhancing community strength. In their lending department, they offer a range of assistance programs, including loans for down payment and closing costs, owner-occupied rehab, and small-dollar consumer loans. The rehab lending initiative provides home improvement loans, with eligible recipients able to secure loans up to $30,000, while quick fix small rehab loans cater to smaller projects, offering loans up to $5,000. Additionally, small-dollar consumer loans are available for various purposes in times of need. Tax sale loans are designed for homeowners in danger of losing their homes due to tax sales in Baltimore City for relatively small amounts of money. With a staff member assisting in bidding and construction oversight, these services aim to support and strengthen Baltimore's communities.
Official website here: www.nhsbaltimore.org
Is Neighborhood Housing Services Of Baltimore Inc legitimate?
Neighborhood Housing Services Of Baltimore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Baltimore 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: $308,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,892,882
For more financial information, click here
Official website here: www.nhsbaltimore.org
What is the mission statement of Neighborhood Housing Services Of Baltimore Inc?
Neighborhood Housing Services of Baltimore Inc, as an organization, is dedicated to stimulating, protecting, and preserving homeownership and financial well-being to strengthen communities. Their mission is to inspire and support individuals in maintaining their homes and improving their financial stability, thereby contributing to the overall enhancement of their communities. Within their lending department, NHS Baltimore offers a range of loans, including assistance for down payments and closing costs, owner-occupied rehab loans, and small dollar consumer loans. For more extensive home repairs, participants can receive a loan of up to $30,000. Smaller home improvement jobs may qualify for quick fix small rehab loans, with loans up to $5,000 available. NHS Baltimore also offers small dollar consumer loans for various purposes to help individuals in times of need. Additionally, tax sale loans are available for borrowers at risk of losing their homes due to tax sales in Baltimore City for small amounts of money.
Official website here: www.nhsbaltimore.org
Who is the CEO of Neighborhood Housing Services Of Baltimore Inc?
Daniel Ellis is the Executive Director of Neighborhood Housing Services Of Baltimore Inc.
Official website here: www.nhsbaltimore.org
What is the revenue of Neighborhood Housing Services Of Baltimore Inc?
Neighborhood Housing Services Of Baltimore Inc's revenue in 2022 was $8,112,778.
Official website here: www.nhsbaltimore.org
Who are the executives of Neighborhood Housing Services Of Baltimore Inc and what are their salaries?
The average compensation at Neighborhood Housing Services Of Baltimore Inc during 2022 was $56,452. There are 39 employees and 50 volunteers at Neighborhood Housing Services Of Baltimore Inc.
Here are 13 key members and their salaries:
- Daniel T Ellis (Executive Director)
- Johnette Richardson (Deputy Dir Of Operation)
- April Lewis (Chair) [Trustee/Director]
- Arica Gonzalez (Vice Chair) [Trustee/Director]
- Bree Jones (Treasurer) [Trustee/Director]
- Susan Tifft (Secretary) [Trustee/Director]
- Sheena Ham (Director)
- Garland Thomas (Director)
- Neekta Khorsand (Director)
- Darien Nolin (Director)
- Alfonso Pearson (Director)
- Ramsey Harris (Director)
- Courtney Desabaye (Director)
Official website here: www.nhsbaltimore.org
Where can I find the form 990 for Neighborhood Housing Services Of Baltimore Inc?
The Neighborhood Housing Services Of Baltimore Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nhsbaltimore.org
Learn more at the official website: www.nhsbaltimore.org
Mission Statement of Neighborhood Housing Services Of Baltimore Inc
Neighborhood Housing Services of Baltimore, abbreviated as NHS Baltimore, is committed to fostering, safeguarding, and maintaining homeownership and financial stability within communities. This mission is aimed at strengthening neighborhoods as a whole. Within the lending department of NHS Baltimore, various loan options are provided to assist with down payment and closing costs, home improvement, and small dollar loans. The home improvement loan, known as Rehab Lending, is designed to aid in structural repairs for homes. Participants can secure a loan of up to $30,000, with an NHS staff member overseeing the construction process and bidding. Smaller home improvement jobs are catered to through Quick Fix Small Rehab Loans, offering loans up to $5,000. NHS Baltimore also provides Small Dollar Consumer Loans and Small Dollar Consumer Loans for various needs in times of financial hardship. Lastly, Tax Sale Loans are available for borrowers in danger of losing their homes due to tax sales in Baltimore City for small amounts of money.
Impact
This information is meant to be a general summary of Neighborhood Housing Services Of Baltimore Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Neighborhood Housing Services Of Baltimore Inc stimulates, protects, and preserves homeownership and financial well-being to strengthen communities. Through their lending department, they offer a variety of loans for down payment and closing cost assistance, owner-occupied rehab, and small-dollar consumer loans. These services assist homeowners in making necessary home improvements, securing financing during challenging times, and overall contributing to the stability and development of neighborhoods in Baltimore. The impact of Neighborhood Housing Services Of Baltimore Inc extends beyond individual homeowners to benefit the entire community by supporting community improvement initiatives.
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.
PARTNERSHIPS INVESTMENT INCOME
Revenue
$387,796
LOAN INT AND LATE FEES
Revenue
$607,086
HOMEOWNERSHIP FEES
Revenue
$27,039
LENDING FEES
Revenue
$307,807
ADMINISTRATIVE FEE
Revenue
$500
Organization Details
Founding Year
1974
Phone
(410) 327-1200
Principal Officer
Daniel Ellis
Main Address
25 EAST 20TH STREET STE 170, Baltimore, MD, 21218
Website
www.nhsbaltimore.org
NTEE Category
Code: S210 - Community improvement
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