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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Northshore Housing Initiative Inc.

Northshore Housing Initiative Inc.

Fiscal year ending 2022. Filed on May 10, 2023.

222 North Vermont Street 201c
Covington, Louisiana 70433

Northshore Housing Initiative Inc. (EIN: 10-0131835) has filed an IRS Form 990 from fiscal year 2016–2022. In its fiscal year 2022 IRS Form 990 filing, Northshore Housing Initiative Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 1 total employees. Among the employees shown here, the average compensation is $57,012. The highest compensated employee at Northshore Housing Initiative Inc. is Jennifer Dexter with fiscal year 2022 compensation of $57,012.

Revenue, expenses, and employee compensation

Revenue

$65,767

Expenses

$90,485

Employee compensation

$69,525
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jennifer Dexter
Executive Director
$57,012
$57,012 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Petry
Board Member
David Roussel
President
Edward Bee
Treasurer
James Graham
Board Member
Mary Burkell
Board Member
Nixon Adams
Vice President
Scott Goodwill
Secretary

Mission Statement

NORTHSHORE HOUSING INITIATIVE (NHI) IS A COMMUNITY LAND TRUST, A COMMUNITY BASED ORGANIZATION COMMITTED TO THE PERMANENT STEWARDSHIP OF LAND AND THE LONG-TERM AFFORDABILITY OF WORKFORCE HOUSING. USING A SHARED EQUITY MODEL, NHI HELPS MODERATE-INCOME HOMEBUYERS PURCHASE A HOME BY INVESTING IN THE LAND. THE LAND IS LEASED TO THE HOMEBUYER BY THE TRUST WITH A LONG-TERM LEASE THAT INCLUDES A RESALE FORMULA TO ENSURE AFFORDABILITY IS PRESERVED FOR THE NEXT HOMEBUYER.

Revisions to this organization profile

May 10, 2023:
2022 Northshore Housing Initiative Inc. 990 filed
February 16, 2022:
2021 Northshore Housing Initiative Inc. 990 filed
April 29, 2021:
2020 Northshore Housing Initiative Inc. 990 filed

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