Utica Neighborhood Housing Service Inc
- Assets
- $4.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 16
- Location
- Utica, NY
- Founding
- 08/1980
- Data as of
- 06/2022
- 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 06/2022, Utica Neighborhood Housing Service Inc employed 16 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 06/2022, Utica Neighborhood Housing Service Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 9.9% per year over the past 7 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
2022
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.
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.
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Smith CEO | Officer | 40 | $103,241 |
Deborah Dorsino CFO | Officer | 40 | $86,846 |
Deborah Hairston President | OfficerTrustee | 2 | $0 |
Mary Griffen Vice Preside | OfficerTrustee | 2 | $0 |
Robert Rice Secretary | OfficerTrustee | 2 | $0 |
Ellie Luker ESQ Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Imperial Construction Services Inc General Constru | 6/29/22 | $350,310 |
Bo-mar & Armstrong General Constru | 6/29/22 | $350,348 |
Sos Restorations General Constru | 6/29/22 | $577,114 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,848,212 |
| All other contributions, gifts, grants, and similar amounts not included above | $546,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,394,821 |
| Total Program Service Revenue | $46,789 |
| Investment income | $6,117 |
| 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 | $3,447,727 |
| 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 | $768,474 |
| Pension plan accruals and contributions | $74,490 |
| Other employee benefits | $95,551 |
| Payroll taxes | $57,626 |
| 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 | $23,464 |
| Advertising and promotion | $25,613 |
| Office expenses | $34,878 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,072 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,888 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,192 |
| Insurance | $21,822 |
| All other expenses | $290,340 |
| Total functional expenses | $3,388,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,847 |
| Savings and temporary cash investments | $2,647,664 |
| Pledges and grants receivable | $617,721 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,377,210 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,796 |
| Net Land, buildings, and equipment | $136,874 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,904,112 |
| Accounts payable and accrued expenses | $18,659 |
| Grants payable | $0 |
| Deferred revenue | $1,175,775 |
| 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 | $1,194,434 |
| Net assets without donor restrictions | $3,709,678 |
| 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 | $4,904,112 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Utica Neighborhood Housing Service Inc has recieved totaling $119,500.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Herkimer And Oneida Counties Inc Utica, NY PURPOSE: CAPITAL, INFRASTRUCTURE - BUILDING, RENOVATIONS | $62,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $19,500 |
Bank Of Utica Foundation Inc Utica, NY PURPOSE: GENERAL | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womens Housing And Economic Development Corporation Bronx, NY | $29,527,353 | $27,859,543 |
Joint Ownership Entity New York City Corp New York, NY | $155,995,039 | $17,434,025 |
Breaking Ground Housing Development Fund Corporation New York, NY | $193,138,085 | $25,961,669 |
Highland Park Community Development Corporation Brooklyn, NY | $3,265,910 | $15,414,103 |
Centerboard Inc Lynn, MA | $21,186,335 | $15,673,773 |
Beyond Owners Group Inc Willow Street, PA | $131,731,512 | $8,827,345 |
Springpoint Senior Living Inc Cherry Hill, NJ | $72,542,176 | $10,591,630 |
Interstate I Affordable Housing Inc New York, NY | $783,725 | $8,991,908 |
Ascendant Neighborhood Development Corporation New York, NY | $39,528,943 | $4,446,577 |
University Properties Inc East Stroudsburg, PA | $58,514,914 | $5,926,957 |
Michaels Community Services Corporation Camden, NJ | $48,473,807 | $8,637,574 |
Rebuilding Together Pittsburgh Pittsburgh, PA | $2,584,527 | $5,910,311 |