NORTHWEST REAL ESTATE CAPITAL CORPORATION
AI Summary
Northwest Real Estate Capital Corporation (EIN: 82-0508784) is a nonprofit organization dedicated to the development and preservation of low-income multifamily housing, primarily focusing on extremely low, very low, and low-income populations through programs such as HUD Section 8, USDA Section 515, and IRS Section 42. With an operating budget of $16.5 million and total revenue of $28.7 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at nwrecc.org.
Mission Statement
LOW INCOME HOUSING PER IRS REV. PROC. 96-32THE COMPANY ACQUIRES, MANAGES AND PRESERVES LOW INCOME MULTIFAMILY HOUSING, PRIMARILY HUD SECTION 8, USDA SECTION 515 AND IRS SECTION 42 LOW INCOME MULTIFAMILY HOUSING FOR EXTREMELY LOW INCOME AND VERY LOW AND LOW INCOME POPULATIONS.
Cause Areas
2
Public housing
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is NORTHWEST REAL ESTATE CAPITAL CORPORATION’s budget?
In 2024, NORTHWEST REAL ESTATE CAPITAL CORPORATION reported an annual operating budget of around $16.5 million. More detailed financial information is available to registered users.
What causes does NORTHWEST REAL ESTATE CAPITAL CORPORATION support?
NORTHWEST REAL ESTATE CAPITAL CORPORATION supports work in Public housing and Housing development.
Where does NORTHWEST REAL ESTATE CAPITAL CORPORATION operate?
NORTHWEST REAL ESTATE CAPITAL CORPORATION is headquartered in Boise, ID.
Who funded NORTHWEST REAL ESTATE CAPITAL CORPORATION recently?
In 2024, NORTHWEST REAL ESTATE CAPITAL CORPORATION received grants from THE COLORADO HEALTH FOUNDATION, THE COLORADO HEALTH FOUNDATION, and Idaho Housing Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant NORTHWEST REAL ESTATE CAPITAL CORPORATION received in 2024?
The largest grant to NORTHWEST REAL ESTATE CAPITAL CORPORATION in 2024 exceeds $500 thousand.
What is NORTHWEST REAL ESTATE CAPITAL CORPORATION’s reliance on government grants?
NORTHWEST REAL ESTATE CAPITAL CORPORATION relied on government grants for more than 15% of their total revenue in 2024.