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Chattanooga Neighborhood Enterprise Inc

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

EIN: 621300726 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

Overview

What is Chattanooga Neighborhood Enterprise Inc?

Chattanooga Neighborhood Enterprise Inc, located at 1500 Chestnut Street Suite 102, Chattanooga, TN 37408, is a dedicated nonprofit organization. Their primary mission is to encourage home ownership and renovation by distributing below-market rate loans, constructing new housing units, and refurbishing existing ones. They strive to preserve, rehabilitate, and prevent the deterioration of rental units and single-family dwellings, promoting neighborhood revitalization and self-improvement projects. Additionally, they offer a training program for in-home maintenance and repair, with a focus on enforcing uniform building codes and eliminating substandard housing in Chattanooga and Hamilton County, Tennessee. With a workforce of 32 individuals, they are committed to improving the housing landscape of their community.


Official website here: www.cneinc.org

Is Chattanooga Neighborhood Enterprise Inc legitimate?

Chattanooga Neighborhood Enterprise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chattanooga Neighborhood Enterprise 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: $324,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,225,110

For more financial information, click here


Official website here: www.cneinc.org

What is the mission statement of Chattanooga Neighborhood Enterprise Inc?

Chattanooga Neighborhood Enterprise Inc's mission is centered around preserving and rehabilitating rental properties and single-family homes, as well as encouraging home ownership and renovation through the provision of below-market loans. The organization also develops a training program for in-home maintenance and repair, promotes neighborhood beautification and self-improvement projects, and advocates for neighborhood revitalization. In addition, they work towards enforcing uniform building codes and eliminating substandard housing in their community.


Official website here: www.cneinc.org

Who is the CEO of Chattanooga Neighborhood Enterprise Inc?

Martina Guilfoil is the Executive Director of Chattanooga Neighborhood Enterprise Inc.


Official website here: www.cneinc.org

What is the revenue of Chattanooga Neighborhood Enterprise Inc?

Chattanooga Neighborhood Enterprise Inc's revenue in 2022 was $4,089,367.


Official website here: www.cneinc.org

Who are the executives of Chattanooga Neighborhood Enterprise Inc and what are their salaries?

The average compensation at Chattanooga Neighborhood Enterprise Inc during 2022 was $48,423. There are 32 employees and 120 volunteers at Chattanooga Neighborhood Enterprise Inc.

Here are 19 key members and their salaries:

    Martina Guilfoil (Executive Director)
  • Compensation: $162,697
  • Related: $0
  • Other: $17,912

    • Trevor Shaw (Loan Officer)
  • Compensation: $142,959
  • Related: $0
  • Other: $14,118

    • Darla Bland (Cfo)
  • Compensation: $110,060
  • Related: $0
  • Other: $12,478

    • Corey Petree (Loan Officer)
  • Compensation: $103,666
  • Related: $0
  • Other: $10,427

    • Carlene Carrabino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crystal Sorrells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenny Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Noel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Hurley Blair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebekah Marr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Ricks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Td Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ann Schenk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Hardaway (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eugene Buck Schimpf (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Lyle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Stewart (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cneinc.org

    Where can I find the form 990 for Chattanooga Neighborhood Enterprise Inc?

    The Chattanooga Neighborhood Enterprise Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cneinc.org

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

    Mission Statement of Chattanooga Neighborhood Enterprise Inc

    Chattanooga Neighborhood Enterprise Inc, a nonprofit organization, is dedicated to encouraging home ownership and rehabilitation in various communities. They accomplish this by issuing below-market rate loans, constructing new housing units, and rehabilitating existing ones. Beyond financing, the organization also works towards preserving and rehabilitating rental units and single-family dwellings. Their mission extends to encouraging home ownership through financial assistance and promoting neighborhood revitalization. They further support this by developing a training program for in-home maintenance and repair, promoting neighborhood beautification and self-improvement projects, and enforcing uniform building codes to eliminate substandard housing. In essence, Chattanooga Neighborhood Enterprise Inc is committed to improving the quality of housing and fostering community development.

    Impact

    This information is meant to be a general summary of Chattanooga Neighborhood Enterprise Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Chattanooga Neighborhood Enterprise Inc's impact includes preserving, rehabilitating, and preventing deterioration of rental units and single-family dwellings. They encourage home ownership and rehabilitation through below-market loans, develop training programs for in-home maintenance and repair, promote neighborhood beautification and self-improvement projects, revitalize neighborhoods, and enforce uniform building codes to eliminate substandard housing in Chattanooga and Hamilton County, Tennessee.





    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: $0
  • Program Service Revenue: $1,337,726
  • Gross Receipts: $4,089,367

    • Assets and Liabilities:
  • Total Assets: $25,801,135
  • Total Liabilities: $12,651,499
  • Net Assets: $13,149,636
  • Programs

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

    HOMEOWNERSHIP PRESERVA

    Revenue

    $895,522

    LENDING AND LOAN ORIGI

    Revenue

    $379,385

    NEIGHBORHOOD ENGAGEMEN

    Revenue

    $42,081

    HOMEOWNERSHIP PROMOTIO

    Revenue

    $20,738

    Organization Details

    Founding Year

    1986

    Principal Officer

    Martina Guilfoil

    Main Address

    1500 CHESTNUT STREET SUITE 102, CHATTANOOGA, TN, 37408

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Chattanooga Neighborhood Enterprise 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.