Neighborhood Housing Services Inc Of Great Falls

Organization Overview

Neighborhood Housing Services Inc Of Great Falls, operating under the name Neighborworks Great Falls, is located in Great Falls, MT. The organization was established in 1980. 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 09/2021, Neighborworks Great Falls employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborworks Great Falls 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 09/2021, Neighborworks Great Falls generated $2.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.7m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF NEIGHBORWORKS GREAT FALLS IS CREATING STRONG NEIGHBORHOODS AND SUCCESSFUL HOMEOWNERS BY DEVELOPING AND PROMOTING QUALITY AFFORDABLE HOUSING.

Describe the Organization's Program Activity:

IN FISCAL YEAR 2021, NEIGHBORWORKS GREAT FALLS COMPLETED 2 FAMILY HOMES, COMPLETED 10 SELF-HELP SWEAT EQUITY HOMES, PROVIDED 29 FIRST TIME HOMEBUYERS WITH DOWN PAYMENT ASSISTANCE TO PURCHASE HOMES, GRADUATED 330 FAMILIES FROM HOMEBUYER EDUCATION COURSES AND HELPED 466 NEIGHBORS UTILIZE FINANCIAL PLANNING, INCLUDING FORECLOSURE PREVENTION AND REVERSE MORTGAGE SUPPORT SERVICES, AND 24 NEIGHBORS USED OUR MATCHED SAVINGS PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Sherrie Arey
Executive Director
$105,983
Jeff Neiffer
Finance Director
$83,202
Steve King
President
$0
Sean Sturges
1st Vice President
$0
Jim Dea
2nd Vice President
$0
Susan Humble
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
M&d Construction
Various Construction Services
$388,836
High Plains Construction
Various Construction Services
$253,473
Montana Helical Piers
Various Construction Services
$115,405
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,067,931
All other contributions, gifts, grants, and similar amounts not included above$355,159
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,423,090
Total Program Service Revenue$1,496,784
Investment income $18,432
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,578
Net Gain/Loss on Asset Sales -$40,194
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,909,802

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Neighborhood Housing Services Inc Of Great Falls has recieved totaling $81,127.

Awarding OrganizationAmount
Otto Bremer Trust

St Paul, MN

PURPOSE: GENERAL OPERATIONS

$50,000
Browning - Kimball Foundation

Oklahoma City, OK

PURPOSE: HIGH SCHOOL HOUSE 2021

$20,000
Benefis Health System Inc

Great Falls, MT

PURPOSE: ANNUAL FUNDRAISING CAMPAIGN

$6,000
Joseph N Blankenbaker Charitable Trust

Las Vegas, NV

PURPOSE: GENERAL OPERATING

$5,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$127
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,077,758
Earnings$203,022
Net Contributions$136,498
Ending Balance$1,417,278

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