Sacramento Neighborhood Housing Services Inc
- Assets
- $16.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 37
- Location
- Sacramento, CA
- Founding
- 04/1987
- Data as of
- 12/2020
- EIN
- 68-0118032
Organization Overview
Sacramento Neighborhood Housing Services Inc, operating under the name Neighborworks Homeownership Center Sacramento Region Sacramento Region, is located in Sacramento, CA. The organization was established in 1987. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Neighborworks Homeownership Center Sacramento Region Sacramento Region employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborworks Homeownership Center Sacramento Region Sacramento Region 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 12/2020, Neighborworks Homeownership Center Sacramento Region Sacramento Region generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE AND RESTORE NEIGHBORHOODS DISTRICT-WIDE FOR THE BENEFIT OF THE RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME OWNERSHIP SERVICES - TO BRING NEW HOME OWNERSHIP OPPORTUNITIES TO HOUSEHOLDS OF MODERATE MEANS BY SUPPORTING PRIVATELY FUNDED FIRST MORTGAGES WITH SUBSIDIZED SECOND MORTGAGES. THE HOME OWNERSHIP CENTER PROVIDES HOMEOWNER EDUCATION CLASSES, FLEXIBLE LOAN PRODUCTS, FORECLOSURE PREVENTION COUNSELING AND OTHER LOAN SERVICES.
REAL ESTATE DEVELOPMENT - TO DEVELOP SINGLE FAMILY HOMES THROUGH ACQUISITION-REHABILITATION OR NEW CONSTRUCTION. THESE HOMES ARE THEN SOLD TO LOW- AND MODERATE-INCOME HOME BUYERS AS A PRIMARY RESIDENCE WHICH WILL ALLOW THEM TO BUILD ASSETS AND STABILITY FOR THEMSELVES AND THE NEIGHBORHOOD.
COMMUNITY BUILDING - TO PROVIDE COUNTLESS OPPORTUNITIES FOR PARTNERSHIP AND PROGRAM DEVELOPMENT. THESE VARIOUS ACTIVITIES KEEP THE ORGANIZATION AND ITS PARTNERS ENGAGED THROUGH COMMUNITY MOBILIZATION AND REVITALIZATION EVENTS SUCH AS PAINT THE TOWN, NATIONAL NEIGHBORWORKS WEEK AND, MOST RECENTLY, RESIDENT LEADERSHIP DEVELOPMENT SERVICES INCLUDING THE WEED AND SEED ACTIVITIES IN OAK PARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Carroll COO & SVP | Officer | 40 | $149,197 |
Juan Rivera CEO | Officer | 40 | $122,796 |
Debra Winstead Vice President | OfficerTrustee | 1 | $0 |
Eugene Lee President (outgoing) | OfficerTrustee | 1 | $0 |
John Ojo Chair | OfficerTrustee | 1 | $0 |
Kevin Greene Treasurer (outgoing) | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,469,384 |
| Investment income | $1,981 |
| 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 | $2,503,371 |
| Statement of Expenses | |
|---|---|
| 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. | $351,775 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,371,111 |
| Pension plan accruals and contributions | $30,486 |
| Other employee benefits | $115,361 |
| Payroll taxes | $130,307 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,743 |
| Fees for services: Accounting | $64,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,085 |
| Advertising and promotion | $3,458 |
| Office expenses | $88,213 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,795 |
| Travel | $14,660 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,959 |
| Interest | $15,822 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $79,370 |
| Insurance | $25,039 |
| All other expenses | $0 |
| Total functional expenses | $4,555,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,149,003 |
| Savings and temporary cash investments | $4,377,683 |
| Pledges and grants receivable | $244,527 |
| Accounts receivable, net | $466,739 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,819,763 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,156 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,504,961 |
| Total assets | $15,952,638 |
| Accounts payable and accrued expenses | $287,412 |
| Grants payable | $0 |
| Deferred revenue | $240,019 |
| 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 | $2,869,790 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,510 |
| Total liabilities | $3,411,731 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $12,540,907 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sacramento Neighborhood Housing Services Inc has recieved totaling $283,649.
| Awarding Organization | Amount |
|---|---|
Consumer Credit Counseling Service Of San Francisco Concord, CA PURPOSE: HOUSING COUNSELING & EDUCATION | $252,575 |
Sierra Health Foundation Center For Health Program Management Sacramento, CA PURPOSE: OAK PARK FARMERS MARKET HEALTHY FROM THE START | $16,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles Apartments Housing Corporation Hayward, CA | $0 | $319,066 |
Satellite Affordable Housing Associates Berkeley, CA | $83,294,736 | $13,591,508 |
Rhf Foundation Long Beach, CA | $215,917,223 | $14,903,975 |
Sheltercare Eugene, OR | $4,357,138 | $9,135,740 |
Midpen Resident Services Corporation Foster City, CA | $3,702,334 | $11,407,168 |
Bridge Property Management Company San Francisco, CA | $1,233,636 | $9,360,308 |
Burbank Housing Corporation Burbank, CA | $47,643,861 | $6,370,585 |
Habitat For Humanity San Fernando/Santa Clarita Valleys Woodland Hills, CA | $1 | $4,168,206 |
Do Good Multnomah Portland, OR | $6,858,210 | $9,987,432 |
Satellite Aha Development Inc Berkeley, CA | $17,466,494 | $5,909,155 |
Housing Trust Silicon Valley San Jose, CA | $250,989,111 | $21,448,557 |
Western Community Housing Inc Costa Mesa, CA | $106,078,970 | $11,023,596 |