Neighborhood Housing Services Of Rochester Inc
- Assets
- $8.9m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Rochester, NY
- Founding
- 11/1981
- Data as of
- 12/2021
- EIN
- 13-2976987
Organization Overview
Neighborhood Housing Services Of Rochester Inc, operating under the name Neighborworks Community Partners Rochester, is located in Rochester, NY. The organization was established in 1981. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Neighborworks Community Partners Rochester employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborworks Community Partners Rochester is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Neighborworks Community Partners Rochester generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHEN, SUSTAIN, AND PROMOTE CITY NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LENDING: THE LENDING PROGRAM PROVIDES A HOME IMPROVEMENT LOAN DESIGNED TO FIT THE CUSTOMERS' NEEDS AND ASSISTS WITH FINANCIAL AND INSURANCE COUNSELING. THE LENDING PROGRAM ALSO PROVIDES PURCHASE ASSISTANCE LOANS WHICH SUPPLEMENT TRADITIONAL PURCHASE FINANCING FOR QUALIFIED FIRST TIME HOME BUYERS. THIS PROGRAM MANAGES THE ORGANIZATIONS LOAN PORTFOLIO INCLUDING COLLECTIONS, TAX AND INSURANCE ESCROWS, RESTRUCTURING OF LOANS, AND COUNSELING CUSTOMERS. THIS PROGRAM IS ALSO FUNDED BY GOVERNMENT CONTRIBUTIONS THAT AMOUNTED TO $938,578.
HOME OWNERSHIP SERVICES: THE ORGANIZATION PROVIDES PRE- AND POST-PURCHASE EDUCATION FOR POTENTIAL HOMEBUYERS. ONE-ON-ONE CREDIT AND BUDGET COUNSELING AS WELL AS FINANCIAL FITNESS CLASSES ARE PROVIDED FOR PARTICIPANTS WHO NEED TO IMPROVE THEIR FINANCIAL HEALTH. THIS PROGRAM IS FUNDED BY GOVERNMENT CONTRIBUTIONS THAT AMOUNTED TO $61,237.
ENERGY: AS AN ACCREDITED BPI CONTRACTOR, NEIGHBORWORKS ROCHESTER PROVIDES ENERGY RELATED RETROFIT WORK ON HOMES AS A FEE-FOR-SERVICE ACTIVITY. THIS INCLUDES ENERGY AUDITS, ENERGY EFFICIENT UPGRADES, AND PROVIDING IMPROVEMENTS UNDER NYSERDA'S EMPOWER AND ASSISTED HOME PERFORMANCE PROGRAMS FOR INCOME QUALIFIED RESIDENTS THROUGHOUT THE REGION. NEIGHBORWORKS ROCHESTER PERFORMS THESE SERVICES BOTH ON INTERNAL PROJECTS AND IN THE OPEN MARKET ON A FEE FOR SERVICE BASIS.
RESIDENTIAL REHAB: THIS HOME IMPROVEMENT PROGRAM MAY PROVIDE REHABILITATION GRANTS TO CUSTOMERS WHO MEET INCOME ELIGIBILITY REQUIREMENTS. STAFF ACTS AS A LIAISON BETWEEN THE CUSTOMER AND THE CONTRACTOR; ASSISTING WITH THE OUTLINE OF HOME IMPROVEMENT NEEDS, SELECTING A CONTRACTOR, AND MONITORING PROGRESS THROUGHOUT THE PROJECT. THIS PROGRAM ALSO PROVIDES LEAD PAINT TESTING FOR DETERMINATION OF LEAD PAINT IN RESIDENTIAL STRUCTURES. THIS LEAD COMPONENT INCLUDES THE PERFORMANCE OF BOTH RISK ASSESSMENTS AND CLEARANCE TESTS FOR INTERNAL PROGRAMS, AND ON A FEE-FOR-SERVICE BASIS FOR OTHER ORGANIZATIONS. THIS PROGRAM IS FUNDED BY GOVERNMENT CONTRIBUTIONS THAT AMOUNTED TO $474,162.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Mcdermott President | OfficerTrustee | 0.2 | $0 |
Art Ientilucci Vice President | OfficerTrustee | 0.2 | $0 |
Bruce Rumbold Treasurer | OfficerTrustee | 0.2 | $0 |
Susan Sanford Secretary | OfficerTrustee | 0.2 | $0 |
Kelley Ross-Brown Member | Trustee | 0.2 | $0 |
Michele Holmes Member | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ab Capital Assets Llc Insulation Divis Energy Services | 12/30/22 | $209,711 |
Climate Giant Energy Services | 12/30/22 | $205,115 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $291 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,026,252 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,622 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,060,165 |
| Total Program Service Revenue | $1,754,482 |
| Investment income | $16,125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $122,827 |
| Net Gain/Loss on Asset Sales | $16,884 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,020,780 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $212,739 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $423,079 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $63,228 |
| Payroll taxes | $33,869 |
| Fees for services: Management | $131,625 |
| Fees for services: Legal | $294 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,775 |
| Advertising and promotion | $61,303 |
| Office expenses | $51,442 |
| Information technology | $38,739 |
| Royalties | $0 |
| Occupancy | $64,725 |
| Travel | $11,128 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,014 |
| Interest | $48,486 |
| Payments to affiliates | $3,975 |
| Depreciation, depletion, and amortization | $79,604 |
| Insurance | $40,822 |
| All other expenses | $29,250 |
| Total functional expenses | $2,427,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,680,124 |
| Savings and temporary cash investments | $1,982,475 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $454,757 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,588,461 |
| Inventories for sale or use | $5,999 |
| Prepaid expenses and deferred charges | $69,364 |
| Net Land, buildings, and equipment | $1,124,606 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,905,786 |
| Accounts payable and accrued expenses | $190,399 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $256,378 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,155,071 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $706,221 |
| Total liabilities | $2,308,069 |
| Net assets without donor restrictions | $6,566,806 |
| Net assets with donor restrictions | $30,911 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,905,786 |