Organizations Filed Purposes:
CREATING OPPORTUNITIES TO ATTAIN QUALITY, AFFORDABLE HOMES.
COUNSELING: NEMAH PROVIDES BOTH FORECLOSURE COUNSELING AND HOME OWNERSHIP COUNSELING TO QUALIFYING APPLICANTS.
WELL WATER LOANS: THROUGH USDA RURAL DEVELOPMENT, NEMAH IS ABLE TO PROVIDE LOW INTEREST LOANS TO QUALIFYING FAMILIES IN NEED OF A NEW WATER WELL OR REPAIRS/REPLACEMENT OF THEIR EXISTING WATER WELL. THE PROGRAM, REFERRED TO AS HWWS (HOUSEHOLD WATER WELL SYSTEM), PROVIDES NEMAH WITH GRANT INCOME TO HIRE WELL DRILLERS TO PERFORM THE NEEDED SERVICES. THE QUALIFYING APPLICANTS THEN REPAY THE LOAN AT A 1% INTEREST RATE TO NEMAH. AS THE FUNDS ARE RECEIVED BY NEMAH, THEY MAY THEN PROVIDE THE SAME SERVICE TO OTHER FAMILIES BY MEANS OF THIS REVOLVING LOAN FUND. THE TOTAL AMOUNT NEMAH MAY RECEIVE FROM USDA RURAL DEVELOPMENT IS 404,000, WHICH MUST BE USED BY SEPTEMBER 30, 2009. HOWEVER, THE REVOLVING LOAN PROGRAM CAN CONTINUE UNTIL THE FUNDS ARE EVENTUALLY EXHAUSTED.
HOME BUYER PROGRAMS: AS AN AGENT OF THE MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY, NEMAH PROVIDES OWNERSHIP OPPORTUNITIES THROUGH LOAN PROGRAMS FOR QUALIFYING APPLICANTS WHICH ENABLES LOWER INCOME FAMILIES TO PURCHASE A HOME THAT IS BOTH SAFE AND AFFORDABLE.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| SECRETARY | 5 | $0 |
| Marvin Ittner | BOARD MEMBER | 5 | $0 |
| BOARD MEMBER | 5 | $0 |
| BOARD MEMBER | 5 | $0 |
| TREASURER | 5 | $0 |
| PRESIDENT | 20 | $0 |
| Bruno Wojcik | BOARD MEMBER | 5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201520489349301037_public.xml