Springfield Neighborhood Housing
- Assets
- $1.2m
- Revenue
- $157.1k
- Investments
- $0.0
- Employees
- 9
- Location
- Springfield, MA
- Founding
- 04/1979
- Data as of
- EIN
- 04-2658190
Organization Overview
Springfield Neighborhood Housing is located in Springfield, MA. The organization was established in 1979. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. As of 12/2014, Springfield Neighborhood Housing employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Neighborhood Housing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE HOUSING IN THE CITY OF SPRINGFIELD, MASSACHUSETTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SNHS- THE REVOLVING LOAN FUNDS PROGRAM (RLF) PROVIDES A FULL ARRAY OF MORTGAGE PRODUCTS FOR ALL INCOME RANGES FOR HOMEBUYERS ANYWHERE IN MASSACHUSETTS INCLUDING PURCHASE, REFINANCE OR REHABILITATION MORTGAGES. ADDITIONALLY, THE PROGRAM PROVIDES CURB APPEAL LOANS TO ELIGIBLE HOMEOWNERS IN SPRINGFIELD NEIGHBORHOODS TO IMPROVE THE EXTERIOR APPEARANCE OF THE HOMES. THE CURB APPEAL LOANS ARE FORGIVEN IF THE IMPROVEMENTS ARE MAINTAINED BY THE HOMEOWNER FOR A FIVE YEAR PERIOD.
HOMEOWNERSHIP SERVICES INCLUDE CREDIT COUNSELING AND HOMEOWNERSHIP EDUCATION FOR POTENTIAL BUYERS; TECHNICAL ASSISTANCE TO BORROWERS FROM LOAN INTAKE TO CLOSING; TECHNICAL ASSISTANCE WITH PROPERTY INSPECTIONS AND REHABILITATION SERVICES; AND POST-PURCHASE SERVICES THAT INCLUDE FORECLOSURE INTERVENTION.
REAL ESTATE DEVELOPMENT SERVICES INCLUDE BOTH NEW CONSTRUCTION AND PURCHASE AND REHABILITATION TO PROVIDE AFFORDABLE SINGLE FAMILY OWNER OCCUPIED HOUSING. THESE ACTIVITIES ARE FINANCED BY ACCESSING FEDERAL AND STATE PROGRAMS AND PRIVATE LENDERS. SNHS ACQUIRES BLIGHTED AND ABANDONED PROPERTIES AND RENOVATES EXISTING HOUSES OR BUILDS NEW HOUSES ON VACANT LOTS AS PART OF ITS STRATEGY TO STABILIZE AND STIMULATE DEVELOPMENT WITHIN ITS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Harrison President | OfficerTrustee | 0.5 | $0 |
Marvenia Shubrick Vice Presient | OfficerTrustee | 0.5 | $0 |
Sophia Jeffery Vice Presient | OfficerTrustee | 0.5 | $0 |
Gladys Oyola Clerk | OfficerTrustee | 0.5 | $0 |
Sonia Colon Treasurer | OfficerTrustee | 0.5 | $0 |
Maurita Bledsoe Member | Trustee | 0.5 | $0 |