Nu-Dimensions

Organization Overview

Nu-Dimensions is located in Hickory, NC. The organization was established in 2018. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nu-Dimensions 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 12/2021, Nu-Dimensions generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PROJECT IS A NON-PROFIT CORPORATION ORGANIZED TO OPERATE APARTMENT COMPLEXES LOCATED IN HICKORY, NORTH CAROLINA. THE COMPLEXES ARE COMPRISED OF A TOTAL OF 311 UNITS. THE PROJECT IS A SINGLE ASSET ENTITY THAT OPERATES UNDER THE SECTION 8, PROJECT BASED RENTAL ASSISTANCE (PBRA) PROGRAM, AS MANAGED BY HUD MULTIFAMILY. THE RESPONSIBILITY FOR MANAGEMENT OF THE AFFAIRS OF THE PROJECT IS VESTED WITH ITS BOARD OF DIRECTORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF APARTMENT COMPLEXES LOCATED IN HICKORY, NORTH CAROLINA. THE COMPLEXES ARE COMPRISED OF A TOTAL OF 311 UNITS.


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Board, Officers & Key Employees

Name (title)Compensation
Diana Nquyen
CFO
$73,363
Sidney Miles
Vice Chairman
$0
Michael Wimberly
Chairman
$0
Forrest Toms
Member
$0
Al Henry
Member
$0
Daniel Collinson
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,212,460
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,212,460
Total Program Service Revenue$0
Investment income $10
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $721,083
Net Gain/Loss on Asset Sales $10,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,186,655

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