National Urban Housing & Economic Community Development Corporation
- Assets
- $121.8k
- Revenue
- $160.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Molalla, OR
- Founding
- 08/2014
- Data as of
- 12/2020
- EIN
- 47-1159396
Organization Overview
National Urban Housing & Economic Community Development Corporation is located in Molalla, OR. The organization was established in 2014. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, National Urban Housing & Economic Community Development Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Urban Housing & Economic Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, National Urban Housing & Economic Community Development Corporation generated $160.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 64.4% each year . All expenses for the organization totaled $92.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE (1) TRANSFERABLE SKILL TRAINING AND LIVING WAGE JOBS FOR PEOPLE WITH BARRIERS TO EMPLOYMENT, AND (2) QUALITY AFFORDABLE HOUSING FOR LOW-TO MODERATE-INCOME FAMILIES, WITH AN EMPHASIS ON HOME OWNERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOB SKILLS TRAINING PROGRAM: DUE TO COVID-19 RESTRICTIONS, IT WAS IMPOSSIBLE TO CONDUCT OUR IN-PERSON JOB SKILLS TRAINING PROGRAM.
AFFORDABLE HOUSING PROGRAM: DUE TO THE ECONOMIC DOWNTOWN AND EXTENSIVE JOB LOSSES CAUSED BY COVID-19, OUR TARGETED POPULATION OF AFFORDABLE HOME PURCHASERS WERE NOT BUYING HOUSES; THEY WERE SCRAMBLING TO NOT BECOME HOMELESS, TO FEED THEIR FAMILIES, AND PAY THEIR BILLS. THEY COULD NOT QUALIFY FOR MORTGAGES WITHOUT JOBS. ONE HOME WAS SOLD BEFORE THE COVID OUTBREAK SPREAD TO OREGON.
COVID RELIEF PROGRAM: NUHECDC STARTED THE COVID RELIEF DIAPER DRIVE PROGRAM, TO PROVIDE FREE DIAPERS AND BABY SUPPLIES TO FAMILIES NEGATIVELY IMPACTED BY COVID-19. MORE THAN 1,500 DIAPERS AND BABY SUPPLIES WERE DONATED TO FAMILIES IN MULTNOMAH AND CLACKAMAS COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlene Jackson President | OfficerTrustee | $0 | |
Rudy Guice Vice Preside | OfficerTrustee | $0 | |
Traci Chambers Secretary/tr | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,615 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,038 |
| Total Program Service Revenue | $0 |
| Investment income | $88 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $135,720 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,564 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,101 |
| Advertising and promotion | $312 |
| Office expenses | $357 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,897 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $38,286 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,566 |
| All other expenses | $1,276 |
| Total functional expenses | $92,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,712 |
| Savings and temporary cash investments | $116,039 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $121,751 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $135,032 |
| Other liabilities | $0 |
| Total liabilities | $135,032 |
| Net assets without donor restrictions | -$13,281 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $121,751 |