Overview
What is Richmond Neighborhood Housing Services Inc?
Richmond Neighborhood Housing Services Inc, located in Richmond, California, is a dedicated nonprofit organization. Their primary mission is to revitalize underserved communities in Alameda and Contra Costa Counties. To achieve this, they focus on promoting investment in these areas. One of their significant programs involves acquiring affordable rental properties throughout the Bay Area, ensuring they remain accessible to community members whose income does not exceed 120%. This is not limited to their rental income, but also excludes expenses related to rehab or maintenance. The organization's efforts to expand its property portfolio are funded through income generated from these acquisitions. With a team of 21 dedicated employees, Richmond Neighborhood Housing Services Inc plays a crucial role in enhancing the living conditions in the communities they serve.
Official website here: www.richmondnhs.org
Is Richmond Neighborhood Housing Services Inc legitimate?
Richmond Neighborhood Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond 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: $156,426
Professional Fundraising Fees: $0
Other Salaries and Wages: $626,609
For more financial information, click here
Official website here: www.richmondnhs.org
What is the mission statement of Richmond Neighborhood Housing Services Inc?
Richmond Neighborhood Housing Services Inc's mission is centered around promoting investment and revitalization in under-resourced communities. Specifically, the organization focuses on Alameda and Contra Costa Counties. Their goal is to revitalize these communities by encouraging investment, thereby improving their overall condition. The organization operates a rental program aimed at acquiring affordable rental properties. They target properties that are affordable for community members with incomes not exceeding 120%. This income threshold excludes rental income or expenses related to property rehab/maintenance, which should be considered operational income and expenses. In essence, Richmond Neighborhood Housing Services Inc is committed to revitalizing under-resourced communities by encouraging investment and providing affordable housing options. Their rental program plays a significant role in this mission, focusing on the acquisition of properties that meet the income requirements of the local community.
Official website here: www.richmondnhs.org
Who is the CEO of Richmond Neighborhood Housing Services Inc?
Adam Briones is the Executive Director of Richmond Neighborhood Housing Services Inc.
Official website here: www.richmondnhs.org
What is the revenue of Richmond Neighborhood Housing Services Inc?
Richmond Neighborhood Housing Services Inc's revenue in 2022 was $1,894,171.
Official website here: www.richmondnhs.org
Who are the executives of Richmond Neighborhood Housing Services Inc and what are their salaries?
The average compensation at Richmond Neighborhood Housing Services Inc during 2022 was $37,287. There are 21 employees and 7 volunteers at Richmond Neighborhood Housing Services Inc.
Here are 8 key members and their salaries:
- Nikki Beasley (Executive Director)
- Maxine Reynolds (Board President) [Trustee/Director]
- Niels Povlsen (Board Secretary) [Trustee/Director]
- Monte Wilson (Board Member) [Trustee/Director]
- Rolanda Wilson (Board Parliamentarian) [Trustee/Director]
- Fathia Macauley (Board Member) [Trustee/Director]
- Jerry Feagley (Board Member) [Trustee/Director]
- Denice Wint (Board Member) [Trustee/Director]
Official website here: www.richmondnhs.org
Where can I find the form 990 for Richmond Neighborhood Housing Services Inc?
The Richmond Neighborhood Housing Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.richmondnhs.org
Learn more at the official website: www.richmondnhs.org
Mission Statement of Richmond Neighborhood Housing Services Inc
Richmond Neighborhood Housing Services Inc is committed to fostering investment and revitalization in under-resourced communities in Alameda and Contra Costa Counties. Their mission is twofold: promoting investment and revitalization efforts in these areas. By acquiring affordable rental properties, the organization aims to provide housing options for community members whose income does not surpass 120%. It's essential to note that this income threshold does not consider rental income or expenses related to property acquisition as part of the program's income or expenses. This approach to acquisitions is intended to expand the organization's portfolio, thereby contributing to the overall revitalization of the targeted communities.
Impact
This information is meant to be a general summary of Richmond Neighborhood Housing Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
Richmond Neighborhood Housing Services Inc has a significant impact on under-resourced communities in Alameda and Contra Costa counties by promoting investment and revitalization. Through its rental program, the organization acquires affordable rental properties throughout the Bay Area for community members with incomes not exceeding 120%. This initiative helps provide housing opportunities for those in need and contributes to the overall improvement of the neighborhoods in which it operates.
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.
RENTAL INCOME
Revenue
$502,450
Organization Details
Founding Year
1981
Phone
(510) 237-6459
Principal Officer
Adam Briones
Main Address
12972 SAN PABLO AVENUE, RICHMOND, CA, 94805
Website
www.richmondnhs.org
NTEE Category
Code: L80 - Housing
If you are a representative of Richmond Neighborhood Housing Services 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.