Utica Neighborhood Housing Service Inc
- Assets
- $5.4m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Utica, NY
- Founding
- 08/1980
- Data as of
- 06/2024
- EIN
- 16-1137874
Organization Overview
Utica Neighborhood Housing Service Inc is located in Utica, NY. The organization was established in 1980. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2024, Utica Neighborhood Housing Service Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utica Neighborhood Housing Service Inc 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 06/2024, Utica Neighborhood Housing Service Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $3.4m during the year ending 06/2024. While expenses have increased by 7.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO REVITALIZE AND GROW NEIGHBORHOODS THROUGH HOMEOWNERSHIP, REHABILITATION AND COMMUNITY EMPOWERMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRACTS MANAGEMENT FOR HOUSING REHABILITATION FOR LOW INCOME INDIVIDUALS.
N/A
HOME OWNERSHIP COSTS ASSOCIATED WITH COUNSELING, EDUCATION, MORTGAGE PROCESSING, PORTFOLIO MANAGEMENT, AND OTHER ASSISTANCE TO FIRST TIME HOMEBUYERS.
COSTS ASSOCIATED WITH DEVELOPMENT OF NEIGHBORHOOD IMPROVEMENT AWARENESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Hairston President | OfficerTrustee | 2 | $0 |
Mary Griffen Vice Preside | OfficerTrustee | 2 | $0 |
Ellie Luker ESQ Treasurer | OfficerTrustee | 2 | $0 |
Robert Rice Secretary | OfficerTrustee | 2 | $0 |
Lucretia Hunt Board Member | Trustee | 1 | $0 |
Morris Pearson Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sos Restorations General Constru | 6/29/24 | $612,804 |
Bo-mar & Armstrong General Constru | 6/29/24 | $560,804 |
Imperial Construction Services Inc General Constru | 6/29/24 | $444,288 |
Northeastern General Constru | 6/29/24 | $238,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,853,762 |
| All other contributions, gifts, grants, and similar amounts not included above | $470,708 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,324,470 |
| Total Program Service Revenue | $40,231 |
| Investment income | $83,273 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,447,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $775,695 |
| Pension plan accruals and contributions | $77,569 |
| Other employee benefits | $80,716 |
| Payroll taxes | $58,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $38,723 |
| Advertising and promotion | $7,528 |
| Office expenses | $31,756 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,314 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,458 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,147 |
| Insurance | $22,730 |
| All other expenses | $114,391 |
| Total functional expenses | $3,383,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,031 |
| Savings and temporary cash investments | $3,774,039 |
| Pledges and grants receivable | $105,480 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,157,109 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,217 |
| Net Land, buildings, and equipment | $151,891 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,439,767 |
| Accounts payable and accrued expenses | $18,944 |
| Grants payable | $0 |
| Deferred revenue | $1,593,277 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,612,221 |
| Net assets without donor restrictions | $3,827,546 |
| Net assets with donor restrictions | $0 |
| 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 | $5,439,767 |