Public Charity

Nueva Esperanza Housing and Economic Development Corporation

Nueva Esperanza Housing and Economic Development Corporation is a Public Charity headquartered in Philadelphia, PA. Financial data from the 2024 filing: $1.1M revenue, $1.3M expenses, $5.1M total assets. 18 publicly reported grants to this organization, totaling roughly $956K, appear in IRS filings.

EIN: 232952060 Philadelphia, PA Latest filing: 2024
Total Revenue$1.1M
Total Expenses$1.3M
Total Assets$5.1M
Grant Records18
Funding Total$956K
Filing Years2020–2024

Mission

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.

Sample Grants Received

2024
1 grant(s) for varying purposes
$75,000
2024
ENCOURAGE AND FACILITATE THE ADOPTION OF LEADING-EDGE PRACTICES IN MUNICIPAL FORESTS INCLUDING INVENTORY, PLANTING, MAINTENANCE AND EDUCATION.
$45,000
2024
PROGRAM FUNDING
$20,000
2024
NEIGHBORHOOD ENGAGEMENT
$7,500
2024
WPF GLP STIPEND
$2,000

Showing up to 5 of 18 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Carlos Ramos
BOARD MEMBER Catalina Hunter
BOARD MEMBER Enrique Magana
BOARD MEMBER Pastor Matt Lin
BOARD TREASURER Rev Danny Cortes
BOARD MEMBER Victor D Figueroa

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING GRANT
$303,322 3 grants
Research subcontract
$195,107 3 grants
Housing Counseling
$121,377 1 grant
ENCOURAGE AND FACILITATE THE ADOPTION OF LEADING-EDGE PRACTICES IN MUNICIPAL FORESTS INCLUDING INVENTORY, PLANTING, MAINTENANCE AND EDUCATION.
$112,500 2 grants
1 grant(s) for varying purposes
$75,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $1.3M $5.1M
2023 $1.3M $1.1M $4.9M
2022 $1.2M $871K $3.8M
2021 $2.2M $828K $2.7M
2020 $874K $664K $2.3M

Between 2020 and 2024, reported annual revenue grew from $874K to $1.1M (+28%), with total assets most recently reported at $5.1M.

Interactive year-over-year charts and full filing details available with membership.

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