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Nhs Neighborhood Lending Services Inc

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

EIN: 954646850 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Nhs Neighborhood Lending Services Inc?

Nhs Neighborhood Lending Services Inc is a nonprofit organization committed to enhancing the living conditions and improving the quality of life for families with modest incomes. Their primary mission is to collaborate and revitalize communities, transforming them into desirable neighborhoods for residence. Their objective is to strengthen these neighborhoods and uplift the living standards of low to moderate income families. While the specific activities or schedule of operations is not provided in the information, the overall goal remains clear: to foster community development and empower families in need.


Official website here: www.nhslacounty.org

Is Nhs Neighborhood Lending Services Inc legitimate?

Nhs Neighborhood Lending Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhs Neighborhood Lending 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: $256,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,038,535

For more financial information, click here


Official website here: www.nhslacounty.org

What is the mission statement of Nhs Neighborhood Lending Services Inc?

Nhs Neighborhood Lending Services Inc's mission is centered around collaborative efforts to enhance the living conditions of families with moderate income, providing them with opportunities for improvement. The organization aims to strengthen neighborhoods and revitalize communities, transforming them into desirable living spaces for these families. Their objective is to improve the overall quality of life for these individuals, thereby contributing to the betterment of their communities.


Official website here: www.nhslacounty.org

Who is the CEO of Nhs Neighborhood Lending Services Inc?

Lori Gay is the Chairman of Nhs Neighborhood Lending Services Inc. The CEO's salary of Nhs Neighborhood Lending Services Inc is $70,647 and their total compensation is $258,780.


Official website here: www.nhslacounty.org

What is the revenue of Nhs Neighborhood Lending Services Inc?

Nhs Neighborhood Lending Services Inc's revenue in 2022 was $6,959,224.


Official website here: www.nhslacounty.org

Who are the executives of Nhs Neighborhood Lending Services Inc and what are their salaries?

The average compensation at Nhs Neighborhood Lending Services Inc during 2022 was $24,912. There are 52 employees and 6 volunteers at Nhs Neighborhood Lending Services Inc.

Here are 11 key members and their salaries (Nhs Neighborhood Lending Services Inc's CEO's salary is $70,647 and their total compensation is $258,780):

    Lori Gay (President & Ceo)
  • Compensation: $70,647
  • Related: $164,844
  • Other: $23,289

    • Jean Paul Veen (Vp&Coo)
  • Compensation: $73,976
  • Related: $73,976
  • Other: $15,674

    • Rhonda Mcmillan (Vp & Ccao)
  • Compensation: $54,030
  • Related: $81,045
  • Other: $14,548

    • James Price (Controller & Cfo)
  • Compensation: $31,290
  • Related: $73,011
  • Other: $20,923

    • Sal Mendoza (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Herman (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Tang (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Rigoberto Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Warren Harris (Board Member (Until 08/18/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nhslacounty.org

    Where can I find the form 990 for Nhs Neighborhood Lending Services Inc?

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


    Official website here: www.nhslacounty.org

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

    Mission Statement of Nhs Neighborhood Lending Services Inc

    Nhs Neighborhood Lending Services Inc is dedicated to fostering stronger communities and enhancing the lives of low to moderate income families with modest means. Their mission is to revitalize neighborhoods, transforming them into desirable living spaces. By working collaboratively, the organization aims to improve the overall quality of life within these communities. Nhs Neighborhood Lending Services Inc strives to revitalize these areas, empowering families to call them their neighborhoods of choice.

    Impact

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




    Sunday, July 21, 2024

    NHS Neighborhood Lending Services Inc's impact can be seen in its efforts to build stronger neighborhoods, improve the quality of life for low to moderate-income families, and revitalize communities into neighborhoods of choice. Through its work, NHS Neighborhood Lending Services Inc contributes to creating more vibrant and sustainable communities in Los Angeles, California. Its focus on community improvement aligns with its mission to empower individuals and communities, leading to positive transformations in the areas it serves.





    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: $346,481
  • Program Service Revenue: $927,118
  • Gross Receipts: $6,959,224

    • Assets and Liabilities:
  • Total Assets: $35,658,674
  • Total Liabilities: $7,057,780
  • Net Assets: $28,600,894
  • Programs

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

    EDUCATION FEES

    Revenue

    $719,032

    LENDING FEES

    Revenue

    $208,086

    Organization Details

    Founding Year

    1996

    Principal Officer

    Lori Gay

    Main Address

    3926 WILSHIRE BLVD 200, LOS ANGELES, CA, 90010

    NTEE Category

    Code: S30 - Community improvement

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