EIN 23-2952060

Nueva Esperanza Housing and Economic Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
1998
Most recent tax filings
2022-06-01
Description
Nueva Esperanza Housing and Economic Development Corporation builds, rehabilitates, and improves facilities to make quality housing available to lower income persons through rental/homeownership programs and community economic development. The organization serves the Hispanic community of North Philadelphia as a non-profit corporation with a primary purpose of improving the physical, economic, and social environment.
Related structure
Nueva Esperanza Housing and Economic Development Corporation is a subordinate organization under Esperanza Academy Charter School.
Total revenues
$1,212,448
2022
Total expenses
$870,723
2022
Total assets
$3,759,474
2022
Num. employees
10
2022

Program areas at Nueva Esperanza Housing and Economic Development Corporation

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.

Who funds Nueva Esperanza Housing and Economic Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$5

Personnel at Nueva Esperanza Housing and Economic Development Corporation

NameTitleCompensation
Dr. Jon MarshSenior Vice President and Chief Executive Officer
Rev. Luis Cortes, JR.Founder, President and Chief Executive Officer$0
Andrew LaskowskiChief Financial Officer
Jamile TellezSenior Vice President Community
Rafael AlvarezVice President for Advocacy and Community
...and 13 more key personnel

Financials for Nueva Esperanza Housing and Economic Development Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,142,478
Program services$68,428
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,542
Total revenues$1,212,448

Form 990s for Nueva Esperanza Housing and Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-14990View PDF
2020-062021-05-26990View PDF
2019-062020-09-03990View PDF
2018-062019-06-19990View PDF
2017-062018-03-14990View PDF
...and 7 more Form 990s

Organizations like Nueva Esperanza Housing and Economic Development Corporation

OrganizationLocationRevenue
Utah Center for Neighborhood StabilizationMidvale, UT$2,535,036
Safe Housing and Economic Development (SHED)Welch, WV$629,639
Clayton Improvement AssociationClayton, NY$787,100
Southwest Georgia United Empowerment ZoneCordele, GA$3,585,596
Aiken County Habitat for HumanityAiken, SC$869,793
Habitat for Humanity of Gallatin ValleyBelgrade, MT$826,816
Habitat for Humanity of Ventura CountyOxnard, CA$5,315,743
Habitat for Humanity ChicagoChicago, IL$3,313,803
Jersey Counselling and Housing DevelopmentCamden, NJ$440,233
Loudon County Habitat for HumanityLenoir City, TN$3,235,467
Data update history
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 20, 2023
Updated personnel
Identified 9 new personnel
February 25, 2022
Updated personnel
Identified 1 new personnel
September 8, 2021
Updated personnel
Identified 6 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesCommunity improvementHousingHispanicEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
4261 N 5th St
Philadelphia, PA 19140
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
esperanza.us/ 
Phone
(215) 324-0746
IRS details
EIN
23-2952060
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1998
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
Subordinate organization
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