Neighborhood Housing Services Inc
- Assets
- $914.4k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 14
- Location
- Pittsburgh, PA
- Founding
- 09/1968
- Data as of
- 09/2022
- EIN
- 25-1195085
Organization Overview
Neighborhood Housing Services Inc, operating under the name Neighborworks Western Pennsylv, is located in Pittsburgh, PA. The organization was established in 1968. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2022, Neighborworks Western Pennsylv employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborworks Western Pennsylv 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 09/2022, Neighborworks Western Pennsylv generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.1m during the year ending 09/2022. 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 PROVIDE FINANCIAL EMPOWERMENT THAT PROMOTES HOMEOWNERSHIP AND STABLE COMMUNITIES. THIS GOAL IS REALIZED BY HELPING INDIVIDUALS AND FAMILIES STRENGTHEN THEIR FINANCIAL SECURITY THROUGH EDUCATION PROGRAMS, COUNSELING AND AFFORDABLE FINANCING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME OWNERSHIP PROGRAMS - THESE PROGRAMS INCLUDE HOMEBUYER EDUCATION TRAINING WHICH DURING 2020 AND 2021 WERE OFFERED PRIMARILY THROUGH ONLINE PLATFORMS, VIA EHOME AMERICA, YOUTH FINANCIAL LITERACY AND MARKETING OUTREACHPRE-PURCHASE PROGRAM - NEIGHBORWORKS WESTERN PENNSYLVANIA IS A CERTIFIED HUD-APPROVED HOUSING COUNSELING AGENCY, A CHARTERED MEMBER OF NEIGHBORWORKS AMERICA, AN APPROVED AGENCY FOR THE PENNSYLVANIA HOUSING FINANCE AGENCYS (PHFA) COMPREHENSIVE HOUSING COUNSELING INITIATIVE, AND AN ADOPTER OF THE NATIONAL INDUSTRY STANDARDS FOR HOMEOWNERSHIP EDUCTAION AND COUNSELING.OUR TEAM OF EXPERIENCED HOUSING COUNSELORS AND EDUCATORS ADHERE TO THEPOST-PURCHASE PROGRAM - IF YOU ARE HAVING TROUBLE PAYING YOUR MORTGAGE, WE OFFER DEFAULT AND DELINQUENCY COACHING AND PRE-FORECLOSURE MITIGATION TO EXISTING HOMEOWNERS TO HELP YOU MAINTAIN YOUR MOST VALUABLE ASSET. WE ALSO HOST PERIODIC POST-PURCHASE WORKSHOPS. FINANCIAL WELLNESS CAPABILITIES (ADULT AND YOUTH) - FINANCIAL WELLNESS FOR ADULTS PROVIDE CUSTOMERS WITH THE SKILLS AND KNOWLEDGE NECESSARY TO MAKE SOUND FINANCIAL DECISIONS, BUILD PERSONAL WEALTH, AND PURSUE FINANCIAL GOALS, INCLUDING HOMEOWNERSHIP. WORKSHOPS ARE OFFERED AT OUR HOMEOWNERSHIP CENTER IN THE UPTOWN NEIGHBORHOOD OF PITTSBURGH AND IN COMMUNITY-BASED LOCATIONS THROUGHOUT WESTERN PENNSYLVANIA. FINANCIAL WELLNESS WORKSHOPS FOR YOUTH ARE PROVIDED IN PARTNERSHIP WITH STATE-APPROVED HIGH SCHOOL EDUCATION FACILITIES THROUGHOUT WESTERN PENNSYLVANIA.
LOAN PROGRAM - LOAN PROGRAM - IN FY2021 NWWPA PARTNERED WITH NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS (NHSGB), THE PENNSYLVANIA LENDING COLLABORATIVE INC. (PHLC) AND THE NEIGHBORWORKS ASSOCIATION OF PENNSYLVANIA TO BUILD AND SUCCESSFULLY LAUNCH A NEW LENDING PARTNERSHIP IN THE WESTERN PENNSYLVANIA MARKETS. THE PROGRAM FOCUSES PREDOMINANTLY ON MAKING DOWN PAYMENT AND CLOSING COST SECOND MORTGAGE LOANS TO FIRST TIME, LOW-MODERATE INCOME BUYERS. NWWPA WORKS TO MARKET THE PROGRAM AND CREATE LOCAL PARTNERSHIPS TO BEST CONNECT WITH COMMUNITIES THROUGHOUT WESTERN PENNSYLVANIA AND NHSGB/PHLC ORIGINATE, UNDERWRITE, FUND AND SERVICE THE LOANS. NWWPA CONTINUES THE SERVICING OF THE REMAINING FOUR LOANS FROM ITS PREVIOUS PORTFOLIO
NEIGHBORWORKS ASSOCIATION OF PENNSYLVANIA (NWAP) - THE NEIGHBORWORKS ASSOCIATION OF PENNSYLVANIA (NWAP) IS A COLLABORATIVE OF EIGHT NEIGHBORWORKS AMERICA ORGANIZATIONS DOING BUSINESS IN THE COMMONWEALTH OF PENNSYLVANIA, AND IS HOSTED BY NEIGHBORWORKS WESTERN PENNSYLVANIA (NWWPA). NWAP SERVES AS THE TRADE ASSOCIATION AND AS THE ADVOCACY VOICEFOR ITS MEMBERS AND CONSTITUENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin Kelley CEO | Officer | 40 | $106,620 |
Craig Burkley COO And CFO | Officer | 40 | $104,720 |
Emily Anderson Lavin Cheif Dav And Commun | Officer | 40 | $90,720 |
Alexander Heit Board Member | Trustee | 2 | $0 |
Mike Belgrove Board Member | Trustee | 2 | $0 |
Pat Clark Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $405,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $887,917 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,293,017 |
| Total Program Service Revenue | $83,418 |
| Investment income | $0 |
| 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 | $1,376,435 |
| 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 | $695,132 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $75,413 |
| Payroll taxes | $59,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,876 |
| Fees for services: Accounting | $19,371 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,933 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,808 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $824 |
| Insurance | $10,855 |
| All other expenses | $25,537 |
| Total functional expenses | $1,059,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $618,703 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $271,143 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $12,369 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,718 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,500 |
| Total assets | $914,433 |
| Accounts payable and accrued expenses | $131,349 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $131,349 |
| Net assets without donor restrictions | $783,084 |
| 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 | $914,433 |