Program areas at Neighborhood Concepts
Housing: Neighborhood Concepts, Inc. has an ownership interest in partnerships that collectively own 943 units of affordable multifamily housing in Alabama, Georgia, and south carolina. Expenses are associated with asset management of the existing portfolio, delivery of resident services, development of new affordable housing and preservation of affordable housing. At year-end 2022, nci had one 198 unit affordable multifamily property under construction.
Advocacy: Neighborhood Concepts advocates for opportunities and programs that support the creation of affordable housing and the advancement of economic opportunities for underserved people and in underserved communities. Advocacy efforts include education and awareness as well as policy support.
Economic development: through its wholly owned revolving loan fund, Neighborhood Concepts, Inc. made $4,139,700 in loans to small businesses and entrepreneurs in north Alabama for start-up capital, equipment and working capital in 2022. At year-end, 36% of loans in portfolio were businesses owned by minorities, 46% by women-owned businesses and 13% were owned by low-income individuals. Additionally, 57% of portfolio dollars were lent to businesses located in underserved census tracts.
Who funds Neighborhood Concepts
Grants from foundations and other nonprofits
Personnel at Neighborhood Concepts
| Name | Title | Compensation | Date of data |
|---|
| Mary Ellen Judah | Executive Director | $128,996 | 2023-10-10 |
| Kristina Elliott | Operations Manager | | 2022-05-31 |
| Ashlee Poore | Asset Manager and Administrator | | 2022-05-31 |
| Shawnette Myers | Asset Manager | | 2021-05-05 |
| Stephen Norris | Vice Chair | $0 | 2022-12-31 |
| ...and 4 more key personnel |
Financials for Neighborhood Concepts
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,055,029 | $943,425 | 11.8% |
| Program services | $1,246,709 | $503,642 | 147.5% |
| Investment income and dividends | $5,154 | $3,140 | 64.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $131,919 | -100% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $188,175 | $42,127 | 346.7% |
| Total revenues | $2,495,067 | $1,624,253 | 53.6% |
Organizations like Neighborhood Concepts
| Organization | Type | Location | Revenue |
|---|
| Habitat for Humanity - Southwest Utah HFH of | 501(c)(3) | St George, UT | $1,036,289 |
| Habitat for Humanity Texas | 501(c)(3) | Buda, TX | $1,256,533 |
| Habitat for Humanity - Habitat for Humanity of Iowa | 501(c)(3) | Altoona, IA | $1,710,261 |
| Habitat for Humanity - Habitat for Humanity of Suffolk | 501(c)(3) | Middle Island, NY | $4,961,870 |
| Office of Rural and Farmworker Housing | 501(c)(3) | Yakima, WA | $2,373,890 |
| Habitat for Humanity New York City | 501(c)(3) | New York, NY | $5,815,236 |
| Habitat for Humanity of Oregon | 501(c)(3) | Portland, OR | $901,758 |
| New Destiny Housing Corporation | 501(c)(3) | New York, NY | $6,433,594 |
| Habitat for Humanity of Summit and Wasatch Counties Utah | 501(c)(3) | Park City, UT | $1,339,918 |
| Chaffee Housing Trust | 501(c)(3) | Buena Vista, CO | $1,783,502 |
Data update history
December 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 3, 2023
Updated personnel
Identified 1 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 7, 2023
Updated personnel
Identified 1 new personnel
July 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Political advocacyLobbyingTax deductible donations
General information
- Address
- 2808 6th St SW
- Huntsville, AL 35805
- Metro area
- Huntsville, AL
- County
- Madison County, AL
- Website URL
- neighborhoodconcepts.org/Â
- Phone
- (256) 534-0075
IRS details
- EIN
- 57-0897928
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1988
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L20: Housing Development, Construction, Management
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Independent
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