Fiscal year ending 2021. Filed on May 11, 2022.
4261 North 5th Street
Philadelphia, Pennsylvania 19140
Nueva Esperanza Housing and Economic Development Corporation (EIN: 23-2952060) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Nueva Esperanza Housing and Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 5 out of 10 total employees. Among the employees shown here, the average compensation is $188,790. The highest compensated employee at Nueva Esperanza Housing and Economic Development Corporation is Rev Luis A Cortes Jr with fiscal year 2021 compensation of $345,567.
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NUEVA ESPERANZA HOUSING AND ECONOMIC DEVELOPMENT CORPORATION ("NEHED") IS A NON-PROFIT CORPORATION SERVING THE HISPANIC COMMUNITY OF NORTH PHILADELPHIA. THE PRIMARY PURPOSE OF THE ORGANIZATION IS THE IMPROVEMENT OF THE PHYSICAL, ECONOMIC, AND SOCIAL ENVIRONMENT OF THE TARGET AREA BOUNDED BY ROOSEVELT BOULEVARD, 9TH STREET, ERIE AVENUE, AND FRONT STREET IN PHILADELPHIA, PA BY ADDRESSING THE NEEDS OF LOW-INCOME PERSONS, INCLUDING HOUSING FOR LOWER INCOME PERSONS AND ACTIVITIES ON A NOT-FOR-PROFIT AND CHARITABLE BASIS. NEHED'S MISSION IS TO TRANSFORM HUNTING PARK INTO A DESTINATION AND A MODEL NEIGHBORHOOD BY EMPOWERING ITS PEOPLE AND FOSTERING COMMUNITY ENGAGEMENT, ECONOMIC AND PHYSICAL DEVELOPMENT, AND EDUCATION.
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