Neighborhood Housing Partnership Of Greater Springfield Inc
- Assets
- $4.2m
- Revenue
- $895.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Springfield, OH
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 31-1385444
Organization Overview
Neighborhood Housing Partnership Of Greater Springfield Inc is located in Springfield, OH. The organization was established in 1994. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Neighborhood Housing Partnership Of Greater Springfield Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Housing Partnership Of Greater Springfield 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 12/2021, Neighborhood Housing Partnership Of Greater Springfield Inc generated $895.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 5.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AND PRESERVE AFFORDABLE, QUALITY HOUSING AND STRONG NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LENDING: HOME REPAIR LOANS AND DOWN PAYMENT ASSISTANCE. NHP SERVED 23 CLIENTS UNDER THE HOME REPAIR PROGRAM IN 2021 (17 GRANTS; 6 LOANS). WE PROVIDED 1 DOWN PAYMENT ASSISTANCE GRANT, ASSISTED 10 ADDITIONAL HOUSEHOLDS UTILIZING LENDER DOWN PAYMENT FUNDS, AND FACILITATED 39 HOME PURCHASES FOR FIRST-TIME HOMEBUYERS.
EDUCATION & COUNSELING: HOMEBUYER EDUCATION PROGRAM: 87 INDIVIDUALS COMPLETED OUR HOMEBUYER EDUCATION COURSE IN 2021. 72 RECEIVED INDIVIDUAL CREDIT COUNSELING, AND 23 RECEIVED "STREAMLINED" HOMEBUYER COUNSELING UNDER OHFA/HOEPA GUIDELINES. 18 ATTENDED FINANCIAL LITERACY WORKSHOPS THROUGH OUR PARTNERSHIPS WITH CLARK COUNTY DEPARTMENT OF JOB AND FAMILY SERVICES AND UNITED SENIOR SERVICES.
REAL ESTATE DEVELOPMENT: NHP STARTED CONTRUCTION ON (1) AFFORDABLE SINGLE-FAMILY HOME IN 2021 IN PARTNERSHIP WITH SPRINGFIELD-CLARK CAREER TECHNOLOGY CENTER; WE SOLD THE HOME IN 2021 TO AN INCOME-ELIGIBLE FIRST-TIME HOMEBUYER IN 2021.
FORECLOSURE COUNSELING: COUNSELING AND FORECLOSURE PREVENTION NHP ASSISTED A TOTAL OF 10 HOUSEHOLDS IN 2021. 3 CASES CLOSED BY YEAR-END AND COUNTED AS FORECLOSURE SAVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Womacks Executive Director | Officer | 37.5 | $92,370 |
Susan Judy Controller | Officer | 37.5 | $58,454 |
Mark Beckdahl Treasurer/secretary | OfficerTrustee | 1 | $0 |
Cheryl Hesson President | OfficerTrustee | 1 | $0 |
Scott Beals Vice-President | OfficerTrustee | 1 | $0 |
Harry Fisher Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $780,329 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,119 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $870,448 |
| Total Program Service Revenue | $96,111 |
| Investment income | $11,480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$83,409 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $895,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| Grants and other assistance to domestic individuals. | $157,346 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $189,187 |
| Compensation of current officers, directors, key employees. | $61,071 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $333,285 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $114,088 |
| Payroll taxes | $40,574 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,920 |
| Fees for services: Accounting | $18,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,207 |
| Advertising and promotion | $9,026 |
| Office expenses | $10,783 |
| Information technology | $5,639 |
| Royalties | $0 |
| Occupancy | $32,385 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,757 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,143 |
| Insurance | $11,721 |
| All other expenses | $0 |
| Total functional expenses | $1,087,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,199 |
| Savings and temporary cash investments | $585,798 |
| Pledges and grants receivable | $26,718 |
| Accounts receivable, net | $4,273 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,453,795 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,945 |
| Net Land, buildings, and equipment | $1,531,886 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $285,685 |
| Total assets | $4,195,299 |
| Accounts payable and accrued expenses | $206,427 |
| 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 | $2,012,645 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $54,469 |
| Total liabilities | $2,273,541 |
| Net assets without donor restrictions | $1,881,066 |
| Net assets with donor restrictions | $40,692 |
| 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 | $4,195,299 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Neighborhood Housing Partnership Of Greater Springfield Inc has recieved totaling $40,005.
| Awarding Organization | Amount |
|---|---|
Ohio Community Development Finance Fund Columbus, OH PURPOSE: PREDEVELOPMENT | $30,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky River Foothills Development Council Inc Richmond, KY | $12,381,295 | $19,871,173 |
Community Action Of Southern Kentucky Incorporated Bowling Green, KY | $10,381,389 | $18,999,181 |
Northern Kentucky Community Action Commisson Inc Covington, KY | $8,823,439 | $18,121,235 |
University Circle Incorporated Cleveland, OH | $134,622,719 | $18,118,457 |
Foundation For Detroits Future Detroit, MI | $47,892,805 | $26,320,980 |
Usw District 10 Local 286 Welfare Trust Fund Philadelphia, PA | $8,668,111 | $17,307,586 |
Economic And Community Development Institute Inc Columbus, OH | $78,355,876 | $19,971,101 |
Liberty Lutheran Housing Development Corporation State College, PA | $52,974,358 | $15,701,429 |
Mountainheart Community Servces Inc Oceana, WV | $5,735,709 | $13,660,570 |
West Ohio Community Action Partnership Lima, OH | $6,981,623 | $15,279,840 |
Community Action Program Commission Of The Lancaster-Fairfield County Lancaster, OH | $11,087,648 | $12,770,614 |
University City District Philadelphia, PA | $9,386,670 | $9,712,200 |