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Sacramento Neighborhood Housing Services Inc

Neighborworks Homeownership Center Sacramento Region

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

EIN: 680118032 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

Overview

What is Sacramento Neighborhood Housing Services Inc?

Sacramento Neighborhood Housing Services Inc, operating under the name NeighborWorks Homeownership Center Sacramento Region, is a nonprofit organization based in Sacramento, California. Their primary mission is to boost homeownership opportunities for moderate-income households. This is achieved through supporting privately-funded first mortgages with subsidized second mortgages. The organization offers a variety of services including homeowner education classes, flexible loan products, foreclosure prevention counseling, and other loan services. Their broader aim is to enhance and revitalize neighborhoods across the district, primarily benefiting local residents, to improve their living conditions. With a team of 47 dedicated employees, they work tirelessly to support homeownership and neighborhood development.


Official website here: www.nwsac.org

Is Sacramento Neighborhood Housing Services Inc legitimate?

Sacramento Neighborhood Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacramento Neighborhood Housing Services 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: $146,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,477,627

For more financial information, click here


Official website here: www.nwsac.org

What is the mission statement of Sacramento Neighborhood Housing Services Inc?

Sacramento Neighborhood Housing Services Inc's mission is centered around enhancing and revitalizing neighborhoods on a district-wide scale, primarily benefiting the local residents. Their primary activity involves providing opportunities for home ownership to households with moderate income levels. They achieve this by supporting privately funded first mortgages with subsidized second mortgages. The organization offers various resources such as homeowner education classes, flexible loan products, foreclosure prevention counseling, and other loan services through their Home Ownership Center. Their aim is to improve the living conditions and prospects of neighborhood residents.


Official website here: www.nwsac.org

Who is the CEO of Sacramento Neighborhood Housing Services Inc?

Lauretta Casimir-Mahoney is the Ceo/President (As Of Nov 2022) of Sacramento Neighborhood Housing Services Inc. The CEO's salary of Sacramento Neighborhood Housing Services Inc is $20,338 and their total compensation is $20,338.


Official website here: www.nwsac.org

What is the revenue of Sacramento Neighborhood Housing Services Inc?

Sacramento Neighborhood Housing Services Inc's revenue in 2022 was $2,354,379.


Official website here: www.nwsac.org

Who are the executives of Sacramento Neighborhood Housing Services Inc and what are their salaries?

The average compensation at Sacramento Neighborhood Housing Services Inc during 2022 was $34,551. There are 47 employees and 25 volunteers at Sacramento Neighborhood Housing Services Inc.

Here are 10 key members and their salaries (Sacramento Neighborhood Housing Services Inc's CEO's salary is $20,338 and their total compensation is $20,338):

    Crystal Smith (Interim Ceo (Until Sept 2022))
  • Compensation: $106,094
  • Related: $0
  • Other: $8,781

    • Lauretta Casimir-Mahoney (Ceo/President (As Of Nov 2022))
  • Compensation: $20,338
  • Related: $0
  • Other: $0

    • Sara Reed (Cao)
  • Compensation: $11,057
  • Related: $0
  • Other: $0

    • John Ojo (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Alisha Daniels-Duckworth (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meagan Svendsen (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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


  • Official website here: www.nwsac.org

    Where can I find the form 990 for Sacramento Neighborhood Housing Services Inc?

    The Sacramento Neighborhood Housing Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nwsac.org

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

    Mission Statement of Sacramento Neighborhood Housing Services Inc

    Sacramento Neighborhood Housing Services Inc is committed to enhancing and revitalizing neighborhoods on a district-wide scale, primarily benefiting the local residents. Their mission is centered around improving and restoring neighborhoods, aiming to provide new homeownership opportunities for households of moderate income. They accomplish this by supporting privately-funded first mortgages with subsidized second mortgages. The organization's Home Ownership Center offers a variety of services, including homeowner education classes, flexible loan products, foreclosure prevention counseling, and other loan services, all geared towards making homeownership a reality for eligible families.

    Impact

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




    Saturday, July 20, 2024

    Sacramento Neighborhood Housing Services Inc plays a vital role in improving and restoring neighborhoods district-wide primarily for the benefit of the residents. Through its home ownership services, the organization brings new home ownership opportunities to households of moderate means by supporting privately funded first mortgages with subsidized second mortgages. Additionally, the Home Ownership Center provides homeowner education classes, flexible loan products, foreclosure prevention counseling, and other loan services. By focusing on housing initiatives, Sacramento Neighborhood Housing Services Inc positively impacts the community's housing sector and helps enhance the quality of life for residents in Sacramento, CA.





    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: $17
  • Program Service Revenue: $582,478
  • Gross Receipts: $2,354,379

    • Assets and Liabilities:
  • Total Assets: $10,722,010
  • Total Liabilities: $2,255,074
  • Net Assets: $8,466,936
  • Programs

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

    FEES/SERVICES

    Revenue

    $273,800

    REAL ESTATE HELD FOR SALE

    Revenue

    $126,741

    RENTAL INCOME

    Revenue

    $73,419

    LOAN INTEREST

    Revenue

    $63,518

    PROPERTY DEVELOPMENT

    Revenue

    $45,000

    Organization Details

    Founding Year

    1986

    Principal Officer

    Lauretta Casimir-Mahoney

    Main Address

    2411 ALHAMBRA BOULEVARD 200, SACRAMENTO, CA, 95817

    NTEE Category

    Code: L800 - Housing

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