NEIGHBORHOOD CONCEPTS INC
2608 6TH ST NW, HUNTSVILLE, AL 35805 www.neighborhoodconcepts.org

Total Revenue
$752,461
Total Expenses
$581,327
Net Assets
$2,359,494

Organizations Filed Purposes: NEIGHBORHOOD CONCEPTS STRENGTHENS COMMUNITIES THROUGH THE CREATION OF AFFORDABLE HOUSING AND THE PROMOTION OF ECONOMIC OPPORTUNITIES FOR UNDERSERVED PEOPLE AND COMMUNITIES.

NEIGHBORHOOD CONCEPTS STRENGTHENS COMMUNITIES THROUGH THE DEVELOPMENT OF AFFORDABLE HOUSING AND BY PROVIDING ACCESS TO CAPITAL FOR SMALL BUSINESSES AND ENTREPRENEURS THROUGH ITS SUBSIDIARY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI).

HOUSING: NEIGHBORHOOD CONCEPTS, INC. HAS AN OWNERSHIP INTEREST IN 20 PARTNERSHIPS THAT COLLECTIVELY OWN 1,221 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. NEIGHBORHOOD CONCEPTS BEGAN CONSTRUCTION OF 56 UNIT AFFORDABLE SENIOR MULTIFAMLIY PROPERTY IN 2019.

ECONOMIC DEVELOPMENT: THROUGH ITS WHOLLY OWNED REVOLVING LOAN FUND, NEIGHBORHOOD CONCEPTS, INC MADE $439,734 IN LOANS TO SMALL BUSINESSES AND ENTREPRENEURS IN NORTH ALABAMA FOR START-UP CAPITAL, EQUIPMENT AND WORKING CAPITAL. BORROWER DEMOGRAPHICS INCLUDE 9 WOMAN-OWNED BUSINESSES AND 4 MINORITY OWNED BUSINESSES. LENDING ACTIVITIES SUPPORT JOB CREATION/RETENTION AND ECONOMIC GROWTH IN UNDERSERVED COMMUNITIES.

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.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mary Ellen JudahEXECUTIVE DIRECTOR40$126,917
Shawn HicksMEMBER1$0
Tommie BattsMEMBER0.5$0
Daniel TaitMEMBER0.5$0
Jason BaldwinMEMBER0.5$0
Philip DottsMEMBER0.5$0
Jordan KullMEMBER0.5$0
Enorris JohnsonMEMBER0.5$0
Joe FuquaMEMBER0.5$0
Stephen NorrisTREASURER1$0
Bill McdowellSECRETARY1$0
John CookVICE CHAIR1$0
Joanna Broad WhiteCHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002469349301525_public.xml