Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “Nueva esperanza housing and economic development corporation ("nehed") is a non-profit corporation serving the hispanic community of north philadelphia. the primary purpose of the organization is the improvement of the physical, economic, and social environment of the target area bounded by roosevelt boulevard, 9th street, erie avenue, and front street in philadelphia, pa by addressing the needs of low-income persons, including housing for lower income persons and activities on a not-for-profit and charitable basis. nehed's mission is to transform hunting park into a destination and a model neighborhood by empowering its people and fostering community engagement, economic and physical development, and education.”.

When detailing its functions, they were listed as: “Builds, rehabilitates and improves facilities to make quality housing available to lower income persons through rental/homeownership programs and community economic dev.”.

• According to the law, the state where the non-profit operates has been reported as PA.
• The filing specifies that the non-profit's address in 2020 was 4261 NORTH 5TH STREET, PHILADELPHIA, PA, 19140.
• As of 2020, the non-profit's form shows they have a total of 10 employees.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are between $500,000 and $1,000,000+.
• Revenue is between $500,000 and $1,000,000+.
• Revenue less expenses is -$6,257.
• The CEO compensation scheme within the organization is based on a review and endorsement process by a neutral entity.
• The organization has a written policy that delegates the management duties.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 3 independent voting members.
• The organization was formed in 1998.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization pays $335,009 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization's financial statements were reviewed by an accountant.