Neighborhood Housing Services Of Staten Island Inc
- Assets
- $519.6k
- Revenue
- $353.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Staten Island, NY
- Founding
- 08/2007
- Data as of
- 12/2019
- EIN
- 20-5689079
Organization Overview
Neighborhood Housing Services Of Staten Island Inc is located in Staten Island, NY. The organization was established in 2007. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2019, Neighborhood Housing Services Of Staten Island Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Housing Services Of Staten Island 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 12/2019, Neighborhood Housing Services Of Staten Island Inc generated $353.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $362.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (21.4%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
NHSSI REVITALIZES UNDERSERVED NEIGHBORHOODS BY CREATING AND PRESERVING AFFORDABLE HOUSING AND PROVIDING OPPORTUNITIES FOR HOMEOWNER EDUCATION, ASSISTANCE AND COMMUNITY LEADERSHIP. WORKING IN PARTNERSHIP WITH GOVERNMENT AND BUSINESS , NHSSI IS LED BY LOCAL RESIDENTS AND GUIDED BY LOCAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LENDING - FULL CYCLE LENDING IS A CONSUMER FRIENDLY APPROACH THAT ADDRESSES THE NEEDS OF LOW AND MODERATE INCOME STATEN ISLANDERS AND PROVIDES VARIOUS FORMS OF ACCESS TO LENDING AND MORTGAGE PROGRAMS INCLUDING GRANTS, LOW INTEREST LOANS, PURCHASE SUBSIDIES AND CLOSING COST ASSISTANCE FOR QUALIFIED BUYERS.
SUSTAINABILITY - NHSSI PARTNERS WITH VARIOUS OTHER ORGANIZATIONS TO EDUCATE THE COMMUNITY AND PROVIDE COUNSELING ABOUT ENERGY EFFICIENCY, GREEN ENERGY AND CONSERVATION IN ORDER TO MAKE HOME OWNERSHIP MORE AFFORDABLE AND VIABLE FOR LOW AND MODERATE INCOME HOME OWNERS.
EDUCATION - INCLUDES TRAINING ON PERSONAL FINANCIAL MANAGEMENT, FORECLOSURE PREVENTION, HOME MAINTENANCE, INSURANCE MATTERS, REVERSE MORTGAGE PROGRAM, FIRST TIME BUYER EDUCATION AND LANDLORD TRAINING.
LENDING - FULL CYCLE LENDING IS A CONSUMER FRIENDLY APPROACH THAT ADDRESSES THE NEEDS OF LOW AND MODERATE INCOME STATEN ISLANDERS AND PROVIDES VARIOUS FORMS OF ACCESS TO LENDING AND MORTGAGE PROGRAMS INCLUDING GRANTS, LOW INTEREST LOANS, PURCHASE SUBSIDIES AND CLOSING COST ASSISTANCE FOR QUALIFIED BUYERS.
SUSTAINABILITY - NHSSI PARTNERS WITH VARIOUS OTHER ORGANIZATIONS TO EDUCATE THE COMMUNITY AND PROVIDE COUNSELING ABOUT ENERGY EFFICIENCY, GREEN ENERGY AND CONSERVATION IN ORDER TO MAKE HOME OWNERSHIP MORE AFFORDABLE AND VIABLE FOR LOW AND MODERATE INCOME HOME OWNERS.
EDUCATION - INCLUDES TRAINING ON PERSONAL FINANCIAL MANAGEMENT, FORECLOSURE PREVENTION, HOME MAINTENANCE, INSURANCE MATTERS, REVERSE MORTGAGE PROGRAM, FIRST TIME BUYER EDUCATION AND LANDLORD TRAINING.
LENDING - FULL CYCLE LENDING IS A CONSUMER FRIENDLY APPROACH THAT ADDRESSES THE NEEDS OF LOW AND MODERATE INCOME STATEN ISLANDERS AND PROVIDES VARIOUS FORMS OF ACCESS TO LENDING AND MORTGAGE PROGRAMS INCLUDING GRANTS, LOW INTEREST LOANS, PURCHASE SUBSIDIES AND CLOSING COST ASSISTANCE FOR QUALIFIED BUYERS.
SUSTAINABILITY - NHSSI PARTNERS WITH VARIOUS OTHER ORGANIZATIONS TO EDUCATE THE COMMUNITY AND PROVIDE COUNSELING ABOUT ENERGY EFFICIENCY, GREEN ENERGY AND CONSERVATION IN ORDER TO MAKE HOME OWNERSHIP MORE AFFORDABLE AND VIABLE FOR LOW AND MODERATE INCOME HOME OWNERS.
EDUCATION - INCLUDES TRAINING ON PERSONAL FINANCIAL MANAGEMENT, FORECLOSURE PREVENTION, HOME MAINTENANCE, INSURANCE MATTERS, REVERSE MORTGAGE PROGRAM, FIRST TIME BUYER EDUCATION AND LANDLORD TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfred Gill Executive Director | Officer | 27.5 | $52,138 |
Vincent Albunio President/chair | OfficerTrustee | 4 | $0 |
Daniel C Marotta Vice Pres | OfficerTrustee | 2 | $0 |
Dennis Brown Treas | OfficerTrustee | 1 | $0 |
Annette Bernabe Board Member | Trustee | 1 | $0 |
Lillian Arrindell Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $235,693 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,691 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $320,384 |
| Total Program Service Revenue | $27,924 |
| Investment income | $5,527 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$595 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $353,240 |
| 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. | $52,138 |
| Compensation of current officers, directors, key employees. | $20,855 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,422 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $388 |
| Payroll taxes | $7,265 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,350 |
| Advertising and promotion | $0 |
| Office expenses | $33,231 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,217 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,779 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,455 |
| All other expenses | $74,100 |
| Total functional expenses | $362,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2,846 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $156,731 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,369 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $358,301 |
| Total assets | $519,555 |
| Accounts payable and accrued expenses | $140,331 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $249,354 |
| Other liabilities | $270,407 |
| Total liabilities | $660,092 |
| Net assets without donor restrictions | -$190,537 |
| Net assets with donor restrictions | $50,000 |
| 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 | $519,555 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Neighborhood Housing Services Of Staten Island Inc has recieved totaling $70,000.
| Awarding Organization | Amount |
|---|---|
The Center For New York City New York, NY PURPOSE: Housing Counseling | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
People Acting In Community Endeavors Inc New Bedford, MA | $10,339,234 | $74,761,160 |
Dollar Energy Fund Inc Pittsburgh, PA | $29,721,352 | $23,037,155 |
Energy Coordinating Agency Of Philadelphia Inc Philadelhia, PA | $4,156,870 | $17,660,591 |
Green Energy Consumers Alliance Inc Jamaica Plain, MA | $5,258,503 | $8,625,489 |
Capital For Change Inc Wallingford, CT | $69,646,827 | $10,335,539 |
Operation Fuel Inc Hartford, CT | $2,801,976 | $6,597,042 |
Bclf Ventures Inc Boston, MA | $107,589,450 | $9,107,552 |
Webster Apartments Congers, NY | $14,551,827 | $6,588,397 |
Utility Emergency Services Fund Philadelphia, PA | $5,623,500 | $5,804,088 |
Rental Assistance Corporation Of Buffalo Buffalo, NY | $7,021,377 | $3,957,549 |
Westside Ministries Inc Buffalo, NY | $1,861,315 | $3,049,976 |
Niagara Falls Neighborhood Housing Services Inc Niagara Falls, NY | $3,221,959 | $1,818,977 |