Olneyville Housing Corp
Olneyville Housing Corp
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About this organization
Mission
Housing opportunities for low and moderate income persons
About
One/NB has developed over 500 affordable homes in historically-disinvested Providence neighborhoods since 2000. The agency presently owns 377 apartments, providing high-quality, affordable housing for Rhode Island families, including individuals who have experienced homelessness. One/NB has completed 10 low-income housing tax credit projects, totaling over $100 million of investment.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “One neighborhood builders (one/nb) is a community development organization with a mission to promote equity, public health and community safety. we accomplish our mission through: o strategic real estate development within the greater-providence region to increase the availability of affordable homes, spur economic development, and protect our natural resources; o engagement of providence residents and community-based organizations to build trust and collective problem-solving; o development of individuals' financial capabilities so that they may realize their personal asset-building goals.”.
When outlining its functions, they were explained as: “Housing opportunities for low and moderate income persons”.
- In compliance with legal regulations, the non-profit has reported their state of operation as RI.
- The filing records the non-profit's address for 2020 as 66 CHAFFEE STREET, PROVIDENCE, RI, 02909.
- As of 2020, the non-profit's form reports a total of 18 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$325,688.
- The organization has 11 independent voting members.
- The organization was formed in 1988.
- The organization pays $869,166 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.