Healthy Neighborhood Enterprises
- Assets
- $195.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Norfolk, VA
- Founding
- 04/2014
- Data as of
- 12/2022
- EIN
- 46-4299259
Organization Overview
Healthy Neighborhood Enterprises is located in Norfolk, VA. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthy Neighborhood Enterprises is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Healthy Neighborhood Enterprises generated $166.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (55.1%) each year. All expenses for the organization totaled $125.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT OF DISTRESSED NEIGHBORHOODS UNABLE TO ATTRACT INVESTMENT FROM TRADITIONAL SOURCES THAT HAVE BEEN RECOGNIZED BY A GOVERNMENTAL ENTITY AS IN NEED OF REDEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terez Patterson Executive Director | 30 | $63,006 | |
Clyde Clark Director | 5 | $0 | |
Deborah M Dicroce Director | 2 | $0 | |
Vincent J Mastracco Jr Director/treasurer | 5 | $0 | |
Charles E Johnson Jr Director | 5 | $0 | |
Michael Clarke Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $153 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13 |
| Total Revenue | $166 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,006 |
| Professional fees and other payments to independent contractors | $11,803 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,170 |
| Other expenses | $11,630 |
| Total expenses | $125,205 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $193,723 |
| Other assets | $0 |
| Total assets | $195,651 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,651 |