Neighborhood Housing Services Of Southwest Wisconsin Inc

Organization Overview

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.

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.


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Board, Officers & Key Employees

Name (title)Compensation
William Reinke
Executive Director
$69,432
Barry Ziegahn
President
$0
Richard Mckee
Vice President
$0
Margaret Goetsch
Secretary
$0
Evan Wontor
Treasurer
$0
Ray Schmitz
Member
$0

Financial Statements

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

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Neighborhood Housing Services Of Southwest Wisconsin Inc has recieved totaling $269,000.

Awarding OrganizationAmount
Neighborhood Reinvestment Corp

Washington, DC

PURPOSE: GENERAL SUPPORT

$269,000
View Grant Recipient Profile

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