Civic Intelligence

Nazareth Housing Development Corp

EIN 34-1908695 • 501(c)3 • Akron, OH

Profile

Nazareth housing development corporation ("organization") exists to develop, encourage and facilitate safe and contemporary affordable housing for low and moderate income families and individuals in summit county, ohio. This is accomplished by way of rehabilitation of older homes and, as needed, construction of new homes for rental, homeownership or lease/purchase. The organization has strong partnerships with local municipalities to provide lead hazard reduction services work performed includes all mechanicals to meet current building code standards; updating interior finishes; interior redesigns; lead abatement; energy efficient furnaces/ appliances/ windows. In tending to individual houses and families, the organization takes care of specific neighborhoods in the city of akron and in the county of summit. The organization further fulfills its mission by partnering with other groups for financial assistance and volunteer support. These groups include the city of akron, county of summ

795 Russell AvenueAkron, OH 44307

www.nazarethhousing.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.27x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.98x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-44%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

1.1%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,346,589

Up $29,567 (+2.2%) from 2023

Liabilities

Up

$369,245

Up $196,807 (+114%) from 2023

Net Assets

Down

$977,344

Down $167,240 (-15%) from 2023

Revenue

Down

$376,175

Down $130,869 (-26%) from 2023

Expenses

Down

$543,415

Down $44,622 (-7.6%) from 2023

Net Income

Down

-$167,240

Down $86,247 (-106%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $745,873Liabilities 2011: $592,283Net Assets 2011: $153,5902011Assets 2012: $858,697Liabilities 2012: $556,847Net Assets 2012: $301,8502012Assets 2013: $1,070,131Liabilities 2013: $578,252Net Assets 2013: $491,8792013Assets 2014: $826,445Liabilities 2014: $106,580Net Assets 2014: $719,8652014Assets 2015: $1,158,144Liabilities 2015: $173,613Net Assets 2015: $984,5312015Assets 2016: $1,146,584Liabilities 2016: $75,616Net Assets 2016: $1,070,9682016Assets 2017: $1,235,166Liabilities 2017: $59,488Net Assets 2017: $1,175,6782017Assets 2018: $1,398,552Liabilities 2018: $175,441Net Assets 2018: $1,223,1112018Assets 2019: $1,402,715Liabilities 2019: $53,101Net Assets 2019: $1,349,6142019Assets 2020: $1,344,210Liabilities 2020: $61,865Net Assets 2020: $1,282,3452020Assets 2021: $1,412,176Liabilities 2021: $167,153Net Assets 2021: $1,245,0232021Assets 2022: $1,317,999Liabilities 2022: $92,422Net Assets 2022: $1,225,5772022Assets 2023: $1,317,022Liabilities 2023: $172,438Net Assets 2023: $1,144,5842023Assets 2024: $1,346,589Liabilities 2024: $369,245Net Assets 2024: $977,3442024

Highlighted filing

2024

Assets$1,346,589
Liabilities$369,245
Net Assets$977,344

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $190,9522011Expenses 2012: $511,7602012Revenue 2013: $935,547Expenses 2013: $745,518Net Income 2013: $190,0292013Revenue 2014: $956,667Expenses 2014: $728,681Net Income 2014: $227,9862014Revenue 2015: $443,164Expenses 2015: $178,498Net Income 2015: $264,6662015Revenue 2016: $378,990Expenses 2016: $292,553Net Income 2016: $86,4372016Revenue 2017: $654,737Expenses 2017: $554,872Net Income 2017: $99,8652017Revenue 2018: $929,831Expenses 2018: $882,398Net Income 2018: $47,4332018Revenue 2019: $598,758Expenses 2019: $472,255Net Income 2019: $126,5032019Revenue 2020: $319,164Expenses 2020: $386,433Net Income 2020: -$67,2692020Revenue 2021: $369,121Expenses 2021: $370,104Net Income 2021: -$9832021Revenue 2022: $542,810Expenses 2022: $562,256Net Income 2022: -$19,4462022Revenue 2023: $507,044Expenses 2023: $588,037Net Income 2023: -$80,9932023Revenue 2024: $376,175Expenses 2024: $543,415Net Income 2024: -$167,2402024

Highlighted filing

2024

Revenue$376,175
Expenses$543,415
Net Income-$167,240

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.35$0.37$0.98$0.38$0.54$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.17$1.14$0.51$0.59$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.32$0.09$1.23$0.54$0.56$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.41$0.17$1.25$0.37$0.37$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.34$0.06$1.28$0.32$0.39$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.05$1.35$0.60$0.47$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.40$0.18$1.22$0.93$0.88$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.24$0.06$1.18$0.65$0.55$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.08$1.07$0.38$0.29$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.16$0.17$0.98$0.44$0.18$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.11$0.72$0.96$0.73$0.23
2013Detailed filing. Detailed filing data is available for this year.$1.07$0.58$0.49$0.94$0.75$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.56$0.30$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.59$0.15$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 16, 2025
Return Version
2024v5.0
Gross Receipts
$472,766
Mission and Program Overview

Mission

Nazareth housing development corporation ("organization") exists to develop, encourage and facilitate safe and decent affordable housing for low and moderate income families and individuals in summit county, ohio. This is accomplished by way of rehabilitation of older homes and construction of new homes for rental, homeownership or lease/purchase. Work performed includes all mechanicals to meet current building code standards; updating interior finishes; interior redesigns; lead abatement; energy efficient furnaces/ appliances/ windows. In tending to individual houses and families, the organization takes care of neighborhoods throughout the city of akron and concentrated neighborhoods in the county of summit. The organization further fulfills its mission by partnering with other groups for financial assistance and volunteer support. These groups include the city of akron, county of summit, foundations, banks and other businesses, church groups, student groups, families and individuals.

Perform as an environmentally, fiscally and locally responsible corporate citizen, as evidenced by the agency's work and policies: ~reduce the impact of building projects on the environment and protect the municipality's resources by correcting and placing into service existing housing stock. ~steward the organization's resources with an exceptionally capable board of directors; highly skilled staff: and extensive use of volunteers. ~steward the clients' resources by providing below market rents with the careful use of grant funds. Further steward resources by placing energy efficient furnaces, windows and appliances in homes and assisting with financial literacy. ~further strengthen neighborhoods by supporting local businesses; hiring local contractors; sourcing materials from local vendors; and by re-using materials when feasible. -strengthen the larger community with effective collaborations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,234,703$1,148,193▼ $86,510
Cash and Non-Interest-Bearing Accounts$60,262$152,761▲ $92,499
Accounts Receivable$4,205$26,017▲ $21,812
Inventories for Sale or Use$8,746$8,746→ $0
Savings and Temporary Cash Investments$7,999$8,708▲ $709
Prepaid Expenses and Deferred Charges$1,107$2,164▲ $1,057
Total Assets$1,317,022$1,346,589▲ $29,567
Liabilities
Deferred Revenue-$131,000-
Unsecured Notes Loans Payable$110,000$125,000▲ $15,000
Accounts Payable and Accrued Expenses$50,722$102,237▲ $51,515
Other Liabilities$11,716$11,008▼ $708
Total Liabilities$172,438$369,245▲ $196,807
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,137,584$970,344▼ $167,240
Net Assets With Donor Restrictions$7,000$7,000→ $0
Total Net Assets Fund Balance$1,144,584$977,344▼ $167,240
Total Liabilities and Net Assets / Fund Balance$1,317,022$1,346,589▲ $29,567

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$951,852$352,616$1,304,468
Land$191,290-$191,290
Equipment$5,051$13,195$18,246
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Keith HarrisExecutive DiFT$61,000$61,000

Board Members and Trustees

NameTitle
Robert BrechtPresident
James RiddickDirector
Jennifer RobinsonDirector
Marc TibbsDirector
Tamala SkipperDirector
Camile DickersonDirector, Re
Ginakaye MaddoxDirector, Re
Robert J WarnerSecretary
Kristina WittmanTreasurer
Keith R StahlVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$31,467
Program Service Revenue
$392,997
Investment Income
$-42,428
Other Revenue
$-5,861
All Other Contributions
$25,030
Change in Net Assets
$-167,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$428,474
Salaries, Compensation, and Employee Benefits$114,941
Total Fundraising Expense$1,702
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$50,630$9,760$610$61,000
Other Salaries and Wages$44,771$8,631$539$53,941
Depreciation Depletion$52,079--$52,079
Insurance$20,584$3,968$248$24,800
Interest$13,729--$13,729
Fees for Services Accounting$7,379$1,422$89$8,890
Occupancy$5,800$1,118$70$6,988
Office Expenses$3,641$701$44$4,386
Travel$2,419$466$29$2,914
Information Technology$2,282$440$27$2,749
Advertising$2,075$400$25$2,500
All Other Expenses$875$169$11$1,055
Other Expenses$867$167$10$1,044
Total Functional Expenses$514,471$27,242$1,702$543,415
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,161
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$11,008
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the treasurer and executive director prior to signature and filing.

Form 990, Page 6, Part VI, Line 12C

All potential conflicts are reviewed and resolved by the board of directors, with guidance from legal counsel.

Form 990, Page 6, Part VI, Line 15A

The board reviews the compensation package for the top management official and compares it to similiar organizations.

Form 990, Page 6, Part VI, Line 19

Provided upon written request.

Filing and Contact Details

Filer

Filer Name
Nazareth Housing Development Corp
EIN
34-1908695
Phone
3303741526
Address
795 RUSSELL AVENUE, AKRON, OH 44307

Signing Officer

Name
Keith Harris
Title
Executive Director
Phone
3303741526
Signed
2025-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Brecht
Formed
1999
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
24

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Nazareth housing development corporation ("organization") exists to develop, encourage and facilitate safe and contemporary affordable housing for low and moderate income families and individuals in summit county, ohio. This is accomplished by way of rehabilitation of older homes and, as needed, construction of new homes for rental, homeownership or lease/purchase. The organization has strong partnerships with local municipalities to provide lead hazard reduction services work performed includes all mechanicals to meet current building code standards; updating interior finishes; interior redesigns; lead abatement; energy efficient furnaces/ appliances/ windows. In tending to individual houses and families, the organization takes care of specific neighborhoods in the city of akron and in the county of summit. The organization further fulfills its mission by partnering with other groups for financial assistance and volunteer support. These groups include the city of akron, county of summit, foundations, banks and other businesses, church groups, student groups, families and individuals. Financial assistance is primarily received in the form of grants, cash and donated properties. Volunteers often perform the front end work that is the first step in stabilizing neighborhoods by preventing further deterioration and immediately improving exteriors of these properties. The organization is an active part of the community in additional ways. The university of akron, knights of columbus, the united way of summit county, local churches and schools, and many others look to this organization for meaningful volunteer opportunities. The efforts of the organization are offered in a manner that supports and encourages self-respect, dignity and self-sufficiency. Our vision is that by replacing blighted and inadequate housing with safe, well-designed homes, we plant the seeds of rebirth and revitalization in our local neighborhoods, impacting the entire county.

Form 990, Page 1, Part I, Line 6

Volunteer services include: 1. Demolition/construction/home improvement from unskilled student volunteers, church groups and individuals. The work these volunteers donate saves construction costs, extends our resources and improves the appearance of the vacant and abandoned properties nazareth rehabilitates. In turn, nazareth provides a meaningful, hands-on activity for volunteers who often learn new skills in the process. The organization has utilitzed the vista program and plans to do so again. 2. Donated skilled labor and materials: nazareth works with local, certified and reputable general contractors to thoroughly rehabilitate houses or to abate hazardous lead paint. Nazareth's contractors submit fair bids and often donate additional labor and construction materials. 3. Other goods: nazareth works with local companies such as rg digital who provide web hosting services at a greatly discounted rate and other non- profits, for instance eandc, mustard seed dev. Corp and the financial empowerment center, which provide budget and credit counseling to our clients. Techsoup, a national non-profit, provides discounts on hardware and software that keep the organization technologically savvy. The catholic diocese provides deeply discounted and community friendly office space in one of our preferred neighborhoolds. Professional services: real estate agents and brokers routinely grant a discount in their fees, in honor of serving our mission. Nazareth's board of directors go above and beyond the norm in donating highly skilled professional work such as legal, accounting, project management and surveying services. 4. Office help: the capacity of nazareth's limited staff is augmented by community volunteers and collaborations with other local non-profits who provide nazareth with willing and capable volunteers to help with general office duties that assist in our day-to-day activities. In turn, nazareth provides a place for these volunteers to practice new skills.

Financial Statement Notes

Schedule D, Page 3, Part X

The preparation of financial statements in conformity with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. The organization has determined whether any tax positions have met the recognition threshold and have measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to the organization, of which there were none in 2024 and 2023, are recorded as management and general expense in the accompanying statements of activities and changes in net assets and functional expenses.

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IRS990/ActivityOrMissionDesc0PERFORM AS AN ENVIRONMENTALLY, FISCALLY AND LOCALLY RESPONSIBLE CORPORATE CITIZEN, AS EVIDENCED BY THE AGENCY'S WORK AND POLICIES: ~REDUCE THE IMPACT OF BUILDING PROJECTS ON THE ENVIRONMENT AND PROTECT THE MUNICIPALITY'S RESOURCES BY CORRECTING AND PLACING INTO SERVICE EXISTING HOUSING STOCK. ~STEWARD THE ORGANIZATION'S RESOURCES WITH AN EXCEPTIONALLY CAPABLE BOARD OF DIRECTORS; HIGHLY SKILLED STAFF: AND EXTENSIVE USE OF VOLUNTEERS. ~STEWARD THE CLIENTS' RESOURCES BY PROVIDING BELOW MARKET RENTS WITH THE CAREFUL USE OF GRANT FUNDS. FURTHER STEWARD RESOURCES BY PLACING ENERGY EFFICIENT FURNACES, WINDOWS AND APPLIANCES IN HOMES AND ASSISTING WITH FINANCIAL LITERACY. ~FURTHER STRENGTHEN NEIGHBORHOODS BY SUPPORTING LOCAL BUSINESSES; HIRING LOCAL CONTRACTORS; SOURCING MATERIALS FROM LOCAL VENDORS; AND BY RE-USING MATERIALS WHEN FEASIBLE. -STRENGTHEN THE LARGER COMMUNITY WITH EFFECTIVE COLLABORATIONS.
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IRS990/Desc0REHABILITATE VACANT AND/OR ABANDONED HOUSES FOR RENT, LEASE OR PURCHASE BY LOW TO MODERATE INCOME FAMILIES IN SUMMIT COUNTY, OHIO. BRING HOUSES UP TO CURRENT BUILDING CODE STANDARDS; ENSURE SAFE PROPERTY-SPECIFIC WATER TREATMENT SYSTEMS (WELL/SEPTIC); INCREASE ENERGY EFFICIENCY; UPDATE INTERIOR FINISHES AND REDESIGN INTERIORS AS FEASIBLE TO CREATE SAFE, CONTEMPORARY HOMES; BUILD NEW HOMES AS NECESSARY. REMOVE HAZARDOUS LEAD FOR LOW TO MODERATE INCOME HOMEOWNERS WITH YOUNG CHILDREN IN THE CITY OF AKRON AND SOUTHERN SUMMIT COUNTY. MODIFY HOMES FOR LOW INCOME INDIVIDUALS TO IMPROVE ACCESSABILITY/MOBILITY AND ASSIST WITH INDEPENDENT LIVING, AS FUNDS ALLOW.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION, OF WHICH THERE WERE NONE IN 2024 AND 2023, ARE RECORDED AS MANAGEMENT AND GENERAL EXPENSE IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS AND FUNCTIONAL EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO DEVELOP, ENCOURAGE AND FACILITATE SAFE AND CONTEMPORARY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS IN SUMMIT COUNTY, OHIO. THIS IS ACCOMPLISHED BY WAY OF REHABILITATION OF OLDER HOMES AND, AS NEEDED, CONSTRUCTION OF NEW HOMES FOR RENTAL, HOMEOWNERSHIP OR LEASE/PURCHASE. THE ORGANIZATION HAS STRONG PARTNERSHIPS WITH LOCAL MUNICIPALITIES TO PROVIDE LEAD HAZARD REDUCTION SERVICES WORK PERFORMED INCLUDES ALL MECHANICALS TO MEET CURRENT BUILDING CODE STANDARDS; UPDATING INTERIOR FINISHES; INTERIOR REDESIGNS; LEAD ABATEMENT; ENERGY EFFICIENT FURNACES/ APPLIANCES/ WINDOWS. IN TENDING TO INDIVIDUAL HOUSES AND FAMILIES, THE ORGANIZATION TAKES CARE OF SPECIFIC NEIGHBORHOODS IN THE CITY OF AKRON AND IN THE COUNTY OF SUMMIT. THE ORGANIZATION FURTHER FULFILLS ITS MISSION BY PARTNERING WITH OTHER GROUPS FOR FINANCIAL ASSISTANCE AND VOLUNTEER SUPPORT. THESE GROUPS INCLUDE THE CITY OF AKRON, COUNTY OF SUMMIT, FOUNDATIONS, BANKS AND OTHER BUSINESSES, CHURCH GROUPS, STUDENT GROUPS, FAMILIES AND INDIVIDUALS. FINANCIAL ASSISTANCE IS PRIMARILY RECEIVED IN THE FORM OF GRANTS, CASH AND DONATED PROPERTIES. VOLUNTEERS OFTEN PERFORM THE FRONT END WORK THAT IS THE FIRST STEP IN STABILIZING NEIGHBORHOODS BY PREVENTING FURTHER DETERIORATION AND IMMEDIATELY IMPROVING EXTERIORS OF THESE PROPERTIES. THE ORGANIZATION IS AN ACTIVE PART OF THE COMMUNITY IN ADDITIONAL WAYS. THE UNIVERSITY OF AKRON, KNIGHTS OF COLUMBUS, THE UNITED WAY OF SUMMIT COUNTY, LOCAL CHURCHES AND SCHOOLS, AND MANY OTHERS LOOK TO THIS ORGANIZATION FOR MEANINGFUL VOLUNTEER OPPORTUNITIES. THE EFFORTS OF THE ORGANIZATION ARE OFFERED IN A MANNER THAT SUPPORTS AND ENCOURAGES SELF-RESPECT, DIGNITY AND SELF-SUFFICIENCY. OUR VISION IS THAT BY REPLACING BLIGHTED AND INADEQUATE HOUSING WITH SAFE, WELL-DESIGNED HOMES, WE PLANT THE SEEDS OF REBIRTH AND REVITALIZATION IN OUR LOCAL NEIGHBORHOODS, IMPACTING THE ENTIRE COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEER SERVICES INCLUDE: 1. DEMOLITION/CONSTRUCTION/HOME IMPROVEMENT FROM UNSKILLED STUDENT VOLUNTEERS, CHURCH GROUPS AND INDIVIDUALS. THE WORK THESE VOLUNTEERS DONATE SAVES CONSTRUCTION COSTS, EXTENDS OUR RESOURCES AND IMPROVES THE APPEARANCE OF THE VACANT AND ABANDONED PROPERTIES NAZARETH REHABILITATES. IN TURN, NAZARETH PROVIDES A MEANINGFUL, HANDS-ON ACTIVITY FOR VOLUNTEERS WHO OFTEN LEARN NEW SKILLS IN THE PROCESS. THE ORGANIZATION HAS UTILITZED THE VISTA PROGRAM AND PLANS TO DO SO AGAIN. 2. DONATED SKILLED LABOR AND MATERIALS: NAZARETH WORKS WITH LOCAL, CERTIFIED AND REPUTABLE GENERAL CONTRACTORS TO THOROUGHLY REHABILITATE HOUSES OR TO ABATE HAZARDOUS LEAD PAINT. NAZARETH'S CONTRACTORS SUBMIT FAIR BIDS AND OFTEN DONATE ADDITIONAL LABOR AND CONSTRUCTION MATERIALS. 3. OTHER GOODS: NAZARETH WORKS WITH LOCAL COMPANIES SUCH AS RG DIGITAL WHO PROVIDE WEB HOSTING SERVICES AT A GREATLY DISCOUNTED RATE AND OTHER NON- PROFITS, FOR INSTANCE EANDC, MUSTARD SEED DEV. CORP AND THE FINANCIAL EMPOWERMENT CENTER, WHICH PROVIDE BUDGET AND CREDIT COUNSELING TO OUR CLIENTS. TECHSOUP, A NATIONAL NON-PROFIT, PROVIDES DISCOUNTS ON HARDWARE AND SOFTWARE THAT KEEP THE ORGANIZATION TECHNOLOGICALLY SAVVY. THE CATHOLIC DIOCESE PROVIDES DEEPLY DISCOUNTED AND COMMUNITY FRIENDLY OFFICE SPACE IN ONE OF OUR PREFERRED NEIGHBORHOOLDS. PROFESSIONAL SERVICES: REAL ESTATE AGENTS AND BROKERS ROUTINELY GRANT A DISCOUNT IN THEIR FEES, IN HONOR OF SERVING OUR MISSION. NAZARETH'S BOARD OF DIRECTORS GO ABOVE AND BEYOND THE NORM IN DONATING HIGHLY SKILLED PROFESSIONAL WORK SUCH AS LEGAL, ACCOUNTING, PROJECT MANAGEMENT AND SURVEYING SERVICES. 4. OFFICE HELP: THE CAPACITY OF NAZARETH'S LIMITED STAFF IS AUGMENTED BY COMMUNITY VOLUNTEERS AND COLLABORATIONS WITH OTHER LOCAL NON-PROFITS WHO PROVIDE NAZARETH WITH WILLING AND CAPABLE VOLUNTEERS TO HELP WITH GENERAL OFFICE DUTIES THAT ASSIST IN OUR DAY-TO-DAY ACTIVITIES. IN TURN, NAZARETH PROVIDES A PLACE FOR THESE VOLUNTEERS TO PRACTICE NEW SKILLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR PRIOR TO SIGNATURE AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL POTENTIAL CONFLICTS ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS, WITH GUIDANCE FROM LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS THE COMPENSATION PACKAGE FOR THE TOP MANAGEMENT OFFICIAL AND COMPARES IT TO SIMILIAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDED UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C

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