Neighborhood Housing Services Of Southwest Wisconsin Inc is located in Richland Center, WI. The organization was established in 1983. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Neighborhood Housing Services Of Southwest Wisconsin Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Housing Services Of Southwest Wisconsin 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 Services Of Southwest Wisconsin Inc generated $559.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $670.7k during the year ending 12/2021. While expenses have increased by 2.7% 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 DEVELOP, ADMINISTER AND CONDUCT HOUSING REHABILITATION SERVICES; AND TO PROVIDE HOME OWNERSHIP COUNSELING AND OTHER RELATED NEIGHBORHOOD IMPROVEMENT ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE REHABILITATION GRANTS AND LOANS TO QUALIFIED LOW INCOME AND OTHER QUALIFIED INDIVIDUALS TO ASSIST THEM IN BUYING HOMES AND PAYING ADMINISTRATIVE COSTS ASSOCIATED WITH LOW-INCOME HOUSING LOAN ASSISTANCE PROGRAM.
NHSSW OWNS AND MANAGES THE 23-UNIT PARK HOTEL SENIOR CITIZEN APARTMENTS (THE HISTORIC PARK HOTEL) IN RICHLAND CENTER, WI SERVING LOW-INCOME SENIOR TENANTS, WHICH IT DEVELOPED, REHABILITATED, UPDATES AND USUALLY HAS A 100% OCCUPANCY RATE EXCEPT FOR TURNOVERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Reinke Executive Director | Officer | 40 | $69,432 |
Barry Ziegahn President | OfficerTrustee | 1 | $0 |
Richard Mckee Vice President | OfficerTrustee | 1 | $0 |
Margaret Goetsch Secretary | OfficerTrustee | 1 | $0 |
Evan Wontor Treasurer | OfficerTrustee | 1 | $0 |
Ray Schmitz Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $484,936 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $484,936 |
Total Program Service Revenue | $188,613 |
Investment income | $1,873 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$115,921 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $559,754 |
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. | $69,432 |
Compensation of current officers, directors, key employees. | $69,432 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $172,456 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $17,942 |
Payroll taxes | $19,518 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $29,230 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,657 |
Advertising and promotion | $5,919 |
Office expenses | $24,166 |
Information technology | $1,044 |
Royalties | $0 |
Occupancy | $42,723 |
Travel | $1,879 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $25,000 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $58,968 |
Insurance | $7,457 |
All other expenses | $6,298 |
Total functional expenses | $670,667 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $607,037 |
Savings and temporary cash investments | $82,288 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,167,194 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $5,352 |
Net Land, buildings, and equipment | $307,885 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,169,756 |
Accounts payable and accrued expenses | $163,901 |
Grants payable | $0 |
Deferred revenue | $22,066 |
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 | $619,529 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $18,217 |
Total liabilities | $823,713 |
Net assets without donor restrictions | $744,737 |
Net assets with donor restrictions | $3,601,306 |
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 | $5,169,756 |
Over the last fiscal year, we have identified 1 grants that Neighborhood Housing Services Of Southwest Wisconsin Inc has recieved totaling $269,000.
Awarding Organization | Amount |
---|---|
Neighborhood Reinvestment Corp Washington, DC PURPOSE: GENERAL SUPPORT | $269,000 |
Organization Name | Assets | Revenue |
---|---|---|
Fox Run Village Inc Novi, MI | $460,113,194 | $70,545,249 |
Eventide Moorhead, MN | $123,722,101 | $65,835,602 |
Csi-Derby Street Nonprofit Housing Corporation Warren, MI | $670,695 | $62,509,360 |
Tarrant County Senior Living Center Inc West Des Moines, IA | $161,252,746 | $23,022,366 |
Barton Creek Senior Living Center Inc West Des Moines, IA | $120,925,043 | $23,689,068 |
Presbyterian Homes And Services Roseville, MN | $66,716,638 | $30,662,544 |
Washington & Jane Smith Community- Orland Park Orland Park, IL | $98,659,201 | $23,019,583 |
Clark Retirement Community Inc Grand Rapids, MI | $96,381,064 | $20,508,927 |
Good Shepherd Lutheran Home Of Sauk Rapids Minnesota Sauk Rapids, MN | $33,093,333 | $25,176,810 |
Resthaven Holland, MI | $35,879,779 | $29,087,420 |
Covenant Retirement Communities Of The Great Lakes Conference Grand Rapids, MI | $46,465,743 | $18,284,551 |
Clare Oaks Bartlett, IL | $26,201,984 | $13,279,793 |