Northwest Regional Housing Development Corporation

Overview

The Northwest Regional Housing Development Corporation is a nonprofit organization focused on housing, shelter, and housing development. It is designated for charitable purposes, with donations to this organization being tax-deductible. The organization's mission and activities align with the broader goals of providing affordable housing solutions.

Financial Profile

Financial data from Form 990 filings indicate that the organization's revenue sources have varied over the years. In 2016, significant revenue came from investment income and other revenue. The organization's expenses are primarily related to operational costs, with some years showing no executive compensation or professional fundraising fees.

Comparison with Similar Organizations

While the Northwest Regional Housing Development Corporation operates in a specific niche, its activities can be compared to those of the Northwestern Regional Housing Authority. The latter provides more comprehensive housing services, including property management and rental assistance programs, often with government assistance and partnerships with private entities.

Activities and Impact

Although specific details about the Northwest Regional Housing Development Corporation's direct activities are limited, the general goal of such organizations is to improve housing accessibility and quality for local communities. This is achieved through various strategies, including construction, management, and innovative financing mechanisms.

Governance and Leadership

The leadership structure includes roles such as President, Treasurer, Vice President, and Executive Director, with no reported compensation for these positions in available financial records. This setup suggests a volunteer-driven approach or a focus on operational efficiency.

Conclusion

The Northwest Regional Housing Development Corporation plays a role in the broader landscape of nonprofit organizations addressing housing needs in the United States. Its focus on housing development and management aligns with broader national efforts to enhance housing affordability and availability, though specific details about its projects and achievements are not thoroughly documented in available public records.