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Northeast Denver Housing Center

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

EIN: 840909291 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Northeast Denver Housing Center?

The Northeast Denver Housing Center is a nonprofit organization based at 2416 E Colfax Avenue, Denver, Colorado 80206. With a workforce of 20 employees, they are dedicated to promoting affordable housing and economic development projects. Their innovative approach includes designing and developing affordable rental and ownership units, as well as providing supportive services to enhance the life skills and economic opportunities of their clients. Northeast Denver Housing Center's mission goes beyond housing; they offer comprehensive counseling and home ownership incubation to their community.


Is Northeast Denver Housing Center legitimate?

Northeast Denver Housing Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Denver Housing Center 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: $126,516
Professional Fundraising Fees: $0
Other Salaries and Wages: $919,853

For more financial information, click here


What is the mission statement of Northeast Denver Housing Center?
Who is the CEO of Northeast Denver Housing Center?
What is the revenue of Northeast Denver Housing Center?
Who are the executives of Northeast Denver Housing Center and what are their salaries?
Where can I find the form 990 for Northeast Denver Housing Center?

Mission Statement of Northeast Denver Housing Center

Northeast Denver Housing Center, Inc. is a mission-driven organization dedicated to promoting affordable housing and economic development projects. Through its innovative approach, the Center uses housing as a platform to serve the needs of low to moderate income households. By designing and developing affordable rental and ownership units, the organization goes beyond providing shelter, aiming to improve the life skills and economic opportunities of its clients. The Center's comprehensive counseling and home ownership incubation programs are integral to its efforts in empowering individuals and families to enhance their living situations.

Impact

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




Thursday, August 15, 2024

Northeast Denver Housing Center's impact can be seen in its promotion of affordable housing and economic development projects/programs, along with its provision of comprehensive counseling and home ownership incubation. By utilizing housing as a platform to serve the needs of low to moderate-income households, the organization has established an innovative program focused on designing and developing affordable rental/ownership units. Additionally, Northeast Denver Housing Center offers supportive services aimed at improving the life skills and economic opportunities of its clients. Through these initiatives, the organization positively impacts the community by addressing housing affordability and fostering economic growth for individuals and families in Denver.





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: $492,440
  • Program Service Revenue: $18,801,585
  • Gross Receipts: $26,283,688

    • Assets and Liabilities:
  • Total Assets: $48,949,156
  • Total Liabilities: $23,555,776
  • Net Assets: $25,393,380
  • Programs

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

    PROCEEDS ON SALE OF DEVEL

    Revenue

    $14,414,892

    PROGRAM SERVICES

    Revenue

    $1,050,554

    Rental Income

    Revenue

    $3,336,139

    Organization Details

    Principal Officer

    Dominique Acevedo

    Main Address

    2416 E COLFAX AVENUE, Denver, CO, 80206

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Northeast Denver Housing Center 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.