Program areas at Neighborworks Waco
Property management - the organization offers a lease-purchase program for familes on the cusp of homeownership. The organization owned and managed 117 rental units during fiscal year 2022 that serviced 135 families, 8 of which moved on to homeownership during the year.
Lending - Neighborworks offers competitive mortgage products for first mortgages and down payment & closing cost assistance at low interest rates. Also offers a refinance product to help reduce monthly mortgage payments. The organization counseled with 468 families through the onsite and online education course, completed loans for 41 families and 3 additional counseled families purchased homes without lending assistance from the organization.
Real estate development - through their outreach projects, Neighborworks seeks to create outlets to mobilize volunteers, beautify neighborhoods, unite communities, and celebrate resident involvement. Also provides best-of practices and training to local emerging and established leaders in the community. Neighborworks has been developing affordable Housing since 1997 and both new construction and single family rehab is available. Three single family home projects were completed in fiscal year 2022.
Counseling and education
Community Services
Who funds Neighborworks Waco
Grants from foundations and other nonprofits
Personnel at Neighborworks Waco
| Name | Title | Compensation | Date of data |
|---|
| Roy Nash | President and Chief Executive Officer | $158,751 | 2023-08-11 |
| Delisa Burnell-Smith | Vice President and Chief Operating Officer / Vice President , Chief Operating Officer | $106,741 | 2022-09-30 |
| Karen Saucedo | Chief Financial Officer | $86,789 | 2022-09-30 |
| Kym Lincoln | Office Manager | | 2021-06-08 |
| Chris Qualls | Marketing Manager | | 2021-06-08 |
| ...and 13 more key personnel |
Financials for Neighborworks Waco
| Revenues | FYE 09/2022 | FYE 09/2021 | % Change |
|---|
| Total grants, contributions, etc. | $924,776 | $551,858 | 67.6% |
| Program services | $501,378 | $1,149,403 | -56.4% |
| Investment income and dividends | $25,365 | $23,936 | 6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $847,931 | $0 | 999% |
| Net gain from sale of non-inventory assets | $4,108 | $-4,130 | 199.5% |
| Net income from fundraising events | $2,110 | $2,102 | 0.4% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $8,568 | $1,447 | 492.1% |
| Miscellaneous revenues | $9,250 | $9,700 | -4.6% |
| Total revenues | $2,323,486 | $1,734,316 | 34% |
Organizations like Neighborworks Waco
| Organization | Type | Location | Revenue |
|---|
| CHWC | 501(c)(3) | Kansas City, KS | $1,323,048 |
| Utica Neighborhood Housing | 501(c)(3) | Utica, NY | $3,447,727 |
| Native Partnership for Housing | 501(c)(3) | Gallup, NM | $1,130,197 |
| Habitat for Humanity of St Joseph County | 501(c)(3) | South Bend, IN | $5,375,516 |
| Neighborworks Great Falls | 501(c)(3) | Great Falls, MT | $2,488,435 |
| Habitat for Humanity of Iowa | 501(c)(3) | Altoona, IA | $1,710,261 |
| Long Island Housing Partnership | 501(c)(3) | Hauppauge, NY | $6,179,842 |
| City of Bridges CLT | 501(c)(3) | Pittsburgh, PA | $887,530 |
| Greater Fredericksburg Habitat for Humanity | 501(c)(3) | Fredericksburg, VA | $2,299,173 |
| Chattanooga Neighborhood Enterprise | 501(c)(3) | Chattanooga, TN | $4,089,367 |
Data update history
September 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 29, 2023
Updated personnel
Identified 3 new personnel
September 27, 2023
Received grants
Identified 1 new grant, including a grant for $323,500 from NeighborWorks America July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 22, 2023
Received grants
Identified 2 new grant, including a grant for $525,000 from Avenue Nonprofit Types
Housing and shelter organizationsCommunity Development Financial InstitutionsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
- Address
- 922 Franklin Ave
- Waco, TX 76701
- Metro area
- Waco, TX
- County
- McLennan County, TX
- Website URL
- nw-waco.org/Â
- Phone
- (254) 752-1647
IRS details
- EIN
- 74-2681649
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1993
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L25: Housing Rehabilitation
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Independent
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