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Salt Lake Neighborhood Housing Services

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

EIN: 942481205 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

Overview

What is Salt Lake Neighborhood Housing Services?

Salt Lake Neighborhood Housing Services, also known as Neighborworks Salt Lake, is a nonprofit organization based in Salt Lake City, Utah. They are part of an enterprise-level loan fund called the Affordable Housing Mission Investment Fund, which lends money to exemplary rated Neighborworks organizations nationwide to promote affordable and sustainable housing, economic development, and neighborhood revitalization. Neighborworks Salt Lake focuses on building on the strengths of neighborhoods by creating opportunities through housing, resident leadership, and youth and economic development. They collaborate with residents, government, and businesses to construct and maintain desirable neighborhoods. The organization has a workforce of 22 individuals.


Official website here: www.nwsaltlake.org

Is Salt Lake Neighborhood Housing Services legitimate?

Salt Lake Neighborhood Housing Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salt Lake Neighborhood Housing Services 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: $174,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $689,595

For more financial information, click here


Official website here: www.nwsaltlake.org

What is the mission statement of Salt Lake Neighborhood Housing Services?

Salt Lake Neighborhood Housing Services, also known as Neighborworks Salt Lake, focuses on strengthening neighborhoods and creating opportunities through various means. They build on the strengths of communities by promoting affordable housing, encouraging resident leadership, and supporting youth and economic development. Partnering with residents, government, and businesses, this organization works towards establishing desirable neighborhoods. Additionally, they are involved in a mission investment fund that lends money to Neighborworks organizations nationwide to promote affordable and sustainable housing, economic development, and neighborhood revitalization. These loans, ranging from $250,000 to $1,500,000 and lasting approximately 5 years, can be utilized by the organization in one of their lines of business. This loan is not project-specific, allowing for its use on various projects throughout the loan period.


Official website here: www.nwsaltlake.org

Who is the CEO of Salt Lake Neighborhood Housing Services?

Maria Garciaz is the President of Salt Lake Neighborhood Housing Services.


Official website here: www.nwsaltlake.org

What is the revenue of Salt Lake Neighborhood Housing Services?

Salt Lake Neighborhood Housing Services's revenue in 2022 was $14,556,193.


Official website here: www.nwsaltlake.org

Who are the executives of Salt Lake Neighborhood Housing Services and what are their salaries?

The average compensation at Salt Lake Neighborhood Housing Services during 2022 was $39,276. There are 22 employees and 100 volunteers at Salt Lake Neighborhood Housing Services.

Here are 20 key members and their salaries:

    Maria Garciaz (Executive Dir.)
  • Compensation: $179,587
  • Related: $0
  • Other: $22,323

    • Bryce Garner (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Robert Pedersen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christy Sapp (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Raccuia (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adebimpe Deji-Olatunde (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

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

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

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

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

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

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

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

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

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


  • Official website here: www.nwsaltlake.org

    Where can I find the form 990 for Salt Lake Neighborhood Housing Services?

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


    Official website here: www.nwsaltlake.org

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

    Mission Statement of Salt Lake Neighborhood Housing Services

    Salt Lake Neighborhood Housing Services Dba Neighborworks Salt Lake, a renowned nonprofit organization, focuses on enhancing the strengths of neighborhoods by creating opportunities through housing, resident leadership, and youth and economic development. They collaborate with residents, government, and businesses to construct and sustain desirable neighborhoods.

    Neighborworks Salt Lake's mission is multifaceted. The organization builds on the potential of neighborhoods by promoting affordable and sustainable housing, economic development, and neighborhood revitalization. They accomplish this by providing loans to Neighborworks affiliates across the country, which range from $250,000 to $1,500,000 for approximately five years. These loans are not limited to specific projects but can be utilized in various aspects of the organization's business operations. Neighborworks Salt Lake's partnership-driven approach enables them to create thriving neighborhoods of choice.

    Impact

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




    Thursday, August 15, 2024

    Salt Lake Neighborhood Housing Services, operating under the name NeighborWorks Salt Lake, is dedicated to building and sustaining neighborhoods of choice by focusing on housing, resident leadership, youth development, and economic growth. Through partnerships with residents, government entities, and businesses, NeighborWorks Salt Lake aims to create opportunities for community members and enhance neighborhood vitality.

    One of the key initiatives of Salt Lake Neighborhood Housing Services is the Affordable Housing Mission Investment Fund. This enterprise-level loan fund provides financial support to NeighborWorks organizations nationwide to promote affordable and sustainable housing, economic development, and neighborhood revitalization. By offering loans ranging from $250,000 to $1,500,000 for approximately five years, organizations can utilize these funds to advance their housing projects and initiatives. This flexible funding mechanism allows for strategic investments in various community development programs.

    Overall, Salt Lake Neighborhood Housing Services, through its NeighborWorks Salt Lake program, plays a vital role in empowering communities, fostering resident engagement, and driving positive change in Salt Lake City and beyond, making a significant impact on affordable housing and neighborhood development efforts.





    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: $12,195,022
  • Program Service Revenue: $1,567,050
  • Gross Receipts: $15,871,348

    • Assets and Liabilities:
  • Total Assets: $51,600,872
  • Total Liabilities: $26,637,141
  • Net Assets: $24,963,731
  • Programs

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

    INTEREST FROM AHMI LOANS

    Revenue

    $1,264,219

    MISCELLANEOUS

    Revenue

    $143,526

    INTEREST FROM MORT. LOANS

    Revenue

    $142,228

    LOAN SERVICE FEES

    Revenue

    $17,077

    Organization Details

    Founding Year

    1977

    Principal Officer

    Maria Garciaz

    Main Address

    622 W 500 N, SALT LAKE CITY, UT, 84116

    NTEE Category

    Code: L800 - Housing

    If you are a representative of Salt Lake Neighborhood Housing Services 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.