Instruct: Given a question, retrieve relevant documents that answer the question.
Query: When was the Nehemiah Corporation of America founded?
Nehemiah Corporation of America is a non-profit organization based in Sacramento, California specializing in homeownership, affordable housing and community development. It started in 1994 as a small organization, but grew to prominence later in the 1990s after it developed a program that allowed home buyers to make down payments on their purchases using funds that were derived from the home sellers. This program, the Nehemiah Program, became popular and was widely emulated, giving birth to what came to be known as the seller-funded down-payment assistance industry. The industry attracted criticism from U.S. federal agencies (particularly the Government Accountability Office and the Internal Revenue Service) and was ultimately shut down in 2008 by a change in federal law.
In January 1954, Nash-Kelvinator Corporation began acquisition of the Hudson Motor Car Company (in what was called a merger). The new corporation would be called American Motors Corporation. (An earlier corporation with the same name, co-founded by Louis Chevrolet, had existed in New Jersey from 1916 through 1922 before merging into the Bessemer–American Motors Corporation.)
Also in 1916, American Motors Corporation (unrelated to the later American Motors created by the 1954 merger of Nash-Kelvinator Corporation and Hudson Motor Car Company) was formed in Newark, New Jersey, with Louis Chevrolet as vice president and chief engineer. By 1918 it was producing cars in a plant at Plainfield, New Jersey. In 1923 it merged with the Bessemer Motor Truck Company of Pennsylvania into Bessemer-American Motors Corporation, which lasted less than a year before merging with the Winther and Northway companies into Amalgamated Motors. The latter company apparently ceased soon after.
The 1954 merger of Nash-Kelvinator Corporation and Hudson Motor Car Company, and the creation of American Motors, was led by George W. Mason to reap benefits from the strengths of the two firms to battle the much larger "Big Three" automakers (General Motors, Ford, and Chrysler).
The North American Menopause Society (NAMS), founded in 1989, is a nonprofit, multidisciplinary organization with the mission of promoting the health and quality of life of women during midlife and beyond through an understanding of menopause and healthy aging. Based in Cleveland, Ohio, NAMS has more than 2,000 members from 51 countries, with 88% of its members from North America.Its membership includes experts from many disciplines such as medicine, nursing, sociology, psychology, nutrition, anthropology, epidemiology, pharmacy, and education.
During the decade, many smaller manufacturers could not compete with the Big Three and either went out of business or merged. In 1954, American Motors was formed when Hudson merged with Nash-Kelvinator Corporation in a deal worth almost $200 million, the largest corporate merger in United States history at that time.
"Nefarious" was written, directed, produced, and narrated by Benjamin Nolot, founder and president of Exodus Cry. Exodus Cry, which distributed the film, is headquartered in Grandview, Missouri and is an organization that opposes human trafficking by raising awareness, by reintegrating victims back into society, and by prayer. Nolot founded Exodus Cry in 2007 after a woman he did not know gave him , saying that God told her to do so in order that Nolot might found an anti-human-trafficking organization. This was founded at a prayer meeting later that year where attendees prayed for human trafficking victims. The organization claims that this prayer meeting occurred on the day before the announcement of the 2007 international child pornography investigation, which involved approximately 2,400 human-trafficking-related arrests in 77 countries.
John Wesley Hanes' brother Pleasant H. Hanes founded the P.H. Hanes Knitting Company in 1901. The brothers previously operated a tobacco manufacturing business, that they sold to R. J. Reynolds Tobacco Company in 1900. The P.H. Hanes Knitting Company merged with Hanes Hosiery in 1965. The P.H. Hanes Knitting Company complex was listed on the National Register of Historic Places in 2005. Consolidated Foods (later renamed Sara Lee) announced its purchase of Hanes in 1978.
From the mid-1950s through the late 1980s, Merchants National Bank and Trust, along with American Fletcher National Bank and Indiana National Bank, was one of the top three largest banks within Indianapolis and its holding company, Merchants National Corporation, was one of the top three largest bank holding companies within the state, along with American Fletcher Corporation and Indiana National Corporation (later named INB Financial Corporation).
John Wesley Hanes (February 3, 1850 – September 22, 1903) was an American businessman from Winston-Salem, North Carolina who ran a tobacco company before founding Shamrock Mills in 1901, the company that became Hanes Hosiery Mills.
The Nash-Kelvinator/Hudson deal was a straight stock transfer (three shares of Hudson listed at 11⅛, for two shares of AMC and one share of Nash-Kelvinator listed at 17⅜, for one share of AMC) and finalized in the spring of 1954, forming the fourth-biggest auto company in the U.S. with assets of US$355 million and more than $100 million in working capital. The new company retained Hudson CEO A.E. Barit as a consultant and he took a seat on the Board of Directors. Nash's George W. Mason became President and CEO.
Mason, the architect of the merger, believed that the survival of the US' remaining independent automakers was dependent on their joining in one multibrand company capable of challenging the "Big Three"—General Motors, Ford, and Chrysler—as an equal. The "frantic 1953–54 Ford/GM price war" had a devastating impact on the remaining "independent" automakers. The reasons for the merger between Nash and Hudson included helping cut costs and strengthen their sales organizations to meet the intense competition expected from autos' Big Three.
To allow it to acquire other banks and other financial related businesses, Merchants National Bank & Trust Company formed a holding company called Merchants National Corporation in January 1972.
Merchants National Corporation made its first expansion move outside of Marion County by announcing in June 1985, one month before the new cross-county bank laws went into effect, the pending acquisition of the Shelbyville-based Farmers National Corporation with its Farmers National Bank subsidiary for an undisclosed amount. The acquisition was completed in January 1986.
In 1954, the smaller American Motors Corporation (AMC) was formed when Hudson merged with Nash-Kelvinator Corporation in a deal worth almost USD $200 million ($1.735 billion in 2013 dollars) the largest corporate merger in U.S. history at that time. Other mergers with smaller independent manufacturers followed. Although AMC was moderately successful it was never sufficiently large to challenge any of the Big Three, and was eventually bought by Chrysler in 1987.
In 2007, Amerigroup developed the National Advisory Board (NAB) to focus on meeting the needs of seniors and people with disabilities, who are a significant proportion of its clients. The NAB provides policy recommendations for improving programs and services for seniors and people with disabilities. Convened by Lex Frieden, who was instrumental in conceiving and drafting the Americans with Disabilities Act of 1990, the NAB is made up of 19 community advocates, health care experts and academics. The NAB advocated that the modernized health care infrastructure be required to meet the needs of people with disabilities and seniors.
She spent her entire life as an adult dedicated to improving the reputations of the city of Winston-Salem and North Carolina. After moving to Winston-Salem, Hanes joined the Centenary United Methodist Church which she remained with for the rest of her life. Hanes assisted in establishing the Old Salem Museum and Gardens, the Winston-Salem Symphony, and the Arts Council of Winston-Salem and Forsyth County. She had been either a trustee or a board member for Salem College and Academy, the Moravian Music Foundation and the N.C. Museum of Arts located in the state capital Raleigh. Hanes was a significant figure in the establishment of the University of North Carolina School of the Arts, and along with several volunteers, helped to raise over $850,000 to allow the school to be based in Winston-Salem by making telephone calls to almost every number in the area. She donated an 1861 Civil War flag to the Historic Crab Orchard Museum in Tazewell, Virginia, and gave funds to construct a pleixglass cover that allowed the banner to be displayed.
AMC Networks Inc. is an American entertainment company headquartered in 11 Penn Plaza, New York, that owns and operates the cable channels AMC (its eponymous brand), IFC, WE tv, BBC America (through a joint venture with BBC Studios), and SundanceTV; the art house movie theater IFC Center in New York City; the independent film company IFC Films; and premium streaming services Sundance Now and Shudder. In addition, the company operates AMC Networks International, its global division.
In 1838 the New Zealand Company was formed in England with the purpose of facilitating and encouraging migration from overcrowded cities to New Zealand, selling land to settlers who would work as farmers and labourers. A separate enterprise, the Plymouth Company, was established in Plymouth in February 1840, where it was run under the guidance of agent Thomas Woolcombe. (Many streets in New Plymouth bear the names of the company’s directors, including Woolcombe, the Earl of Devon, Thomas Gill, Sir Anthony Buller, Lord Eliot, George Leach, Sir Charles Lemon, Edward St Aubyn, E.W.W. Pendarvis, Lord Courtenay and Hussey Vivian.) The company merged with the New Zealand Company in April 1841 after suffering financial losses through the collapse of its bank.
Nihilistic was founded in March 1998 by Ray Gresko, Robert Huebner, and Steve Tietze. Gresko and Huebner had formerly worked at LucasArts, and Tietze had worked at Rogue Entertainment. Many of Nihilistic's employees were drawn from LucasArts, working on games such as "".
YMCA North Tyneside was founded in 1870 and was originally known as The Borough of Tynemouth YMCA. After an inaugural meeting on 7 June 1879 weekly meetings followed in the Sons of Temperance Hall, Norfolk Street, North Shields. The YMCA grew in popularity. Within a year larger premises were needed. Meetings moved to 53 Tyne Street, North Shields and in 1879 to Camden Street, North Shields. In 1920 the YMCA moved to a building in Bedford Street (which is still owned by the YMCA and now occupied by the Citizens Advice Bureau) where it remained until 1938 when it moved to the present building and the current registered office at Church Way, North Shields.
The original owner of the Nets franchise was trucking magnate Arthur J. Brown, who was the founder of the American Basketball Association team that was then known as the New Jersey Americans in 1967. The next year, Brown renamed the franchise to the New York Nets following a move to Long Island, and sold the team for $1.1 million to entrepreneur Roy Boe. Due to financial losses suffered while the team was in Long Island, Boe moved the team back to New Jersey in 1977 and sold the team a year later to a group of seven local businessmen led by Alan N. Cohen and Joseph Taub, who became known as the "Secaucus Seven".
The Nehemiah Program is not to be confused with the Nehemiah Housing Opportunity Grants ("NHOP") program enacted in 1988 by Title VI of the Housing and Community Development Act of 1987. NHOP ceased operation in 1991 and was unrelated to the program described here.
Since 2008, the Nehemiah Corporation has been operating as a social enterprise organization. Via its affiliates and subsidiaries, it has been providing real-estate development capital for low-income neighborhoods, as well as providing instructional and other resources related to individual finance and home ownership. It also sponsors management training for young adults.
The Nehemiah Community Reinvestment Fund (NCRF) was founded in 1997. It provides funds (via loans and investment capital) to real-estate development projects intended to revitalize low income neighborhoods. As of the end of the 2013 fiscal year, the Fund had assets of approximately $11.0 million, about half of which were held in "program-related investments".
In March 1997, the Nehemiah Progressive Housing Development Corporation filed for approval of its Nehemiah Program with HUD's Sacramento field office. (Here, "approval" means that lenders would have written assurance, via an "approval letter", that monies received by the borrower from the Nehemiah Program satisfied HUD's guidelines for gift funds.) Nehemiah received a provisional 60-day approval, followed by a six-month approval for a demonstration program. However, similar filings in other HUD field offices were not being approved, so Nehemiah filed for a nationwide approval at HUD's headquarters in Washington. When that approval was not forthcoming, Nehemiah sued HUD in a federal court.