NEHEMIAH COMMUNITY REINVESTMENT FUNDINC
5601 STANMORE WAY, ELK GROVE, CA 95758 www.ncrfund.org

Total Revenue
$14,627
Total Expenses
$124,344
Net Assets
$106,876

Organizations Filed Purposes: THE ORGANIZATION IS DEDICATED TO PROVIDING CAPITAL AND TECHNICAL ASSISTANCE TO ORGANIZATIONS WORKING TO REVITALIZE LOW-INCOME NEIGHBORHOODS AND PROVIDE HOUSING, SERVICES, AND JOBS TO UNDERSERVED PEOPLE THROUGHOUT THE UNITED STATES.

IN NOVEMBER 2012, NCRF INITIATED ITS ROOFS FOR TROOPS PROGRAM. UNDER THE ROOFS FOR TROOPS PROGRAM, NCRF ACQUIRES, RENOVATES AND SELLS HOMES TO UNITED STATES MILITARY VETERANS AND ACTIVE DUTY MILITARY PERSONNEL AT A DISCOUNT FROM THE MARKET VALUE. IN CONNECTION WITH THE FINANCIAL INSTITUTION AND THE NATIONAL COMMUNITY STABILIZATION TRUST, SOME HOUSES ARE DONATED TO VETERANS. THE ROOFS FOR TROOPS HOMES ARE DONATED TO NCRF FROM FINANCIAL INSTITUTIONS.

THE FUND HAS BEEN INVOLVED IN PROVIDING FINANCING TO COMPANIES WHICH CREATE HOUSING AND ECONOMIC DEVELOPMENT OPPORTUNITIES IN DISADVANTAGED NEIGHBORHOODS. THE FUND ALSO HAS DEVELOPED AN INVESTMENT VEHICLE FOR QUALIFIED INVESTORS TO INVEST IN PROJECTS THAT WILL CREATE AND ENHANCE BUSINESS AND COMMERCIAL PROJECTS, AFFORDABLE HOUSING, COMMUNITY USE, AND ECONOMIC DEVELOPMENT OPPORTUNITIES IN ECONOMICALLY DISADVANTAGED NEIGHBORHOODS IN THE REGION.

CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS AND LOCAL CHARITABLE EVENTS

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Erik GrotteCFO2$0
Samuel StarksSECRETARY2$0
Scott SyphaxPRESIDENT & CEO2$0
Edward PhillipsDIRECTOR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101289349300725_public.xml