Overview
What is Neighborhood Housing Services Of Rochester Inc?
Neighborhood Housing Services of Rochester Inc is a dedicated nonprofit organization situated in Rochester, New York. With a strong mission to strengthen, sustain, and promote the city's neighborhoods, they offer a comprehensive range of services. Their primary program involves providing home improvement loans tailored to customers' needs, offering financial and insurance counseling, and supplementing traditional purchase financing for eligible first-time homebuyers. This loan program manages the organization's loan portfolio, handling collections, tax and insurance escrows, loan restructuring, and customer counseling. The organization, known as Neighborworks Community Partners Rochester, also receives government funding and serves various members of the community, including homeowners, tenants, landlords, and entire neighborhoods, working in collaboration with residents and partners.
Official website here: www.nwcprochester.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Neighborhood Housing Services of Rochester Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to financial accountability and transparency. The organization's overall score is based solely on its Accountability & Finance metrics, where it scored exceptionally well with a 96%. This high rating indicates that the nonprofit effectively manages its resources and adheres to best practices in governance.
Notably, the nonprofit has a fully independent board, with all nine members meeting the criteria for independence. Additionally, there are no reported issues related to the diversion of assets, and the organization has robust policies in place, including conflict of interest and whistleblower policies. The transparency of its financial statements and the presence of an audit committee further enhance its credibility.
While the organization excels in financial management, it's important to continue monitoring its program expenses and effectiveness in delivering services to the community. With 87.24% of its expenses directed towards programs, Neighborhood Housing Services of Rochester Inc demonstrates a strong focus on its mission. Overall, the nonprofit stands out for its strong governance and fiscal responsibility, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Housing Services Of Rochester Inc legitimate?
Neighborhood Housing Services Of Rochester Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Rochester Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $452,114
For more financial information, click here
Official website here: www.nwcprochester.org
What is the mission statement of Neighborhood Housing Services Of Rochester Inc?
Neighborhood Housing Services of Rochester Inc, as part of the NeighborWorks network, works collaboratively with various community members and partners to strengthen, sustain, and promote urban neighborhoods. Their services cater to a broad spectrum of the community, including homeowners, tenants, and property managers within Rochester. Additionally, they actively engage with entire neighborhoods, collaborating with residents and other stakeholders to enhance the livability and well-being of these areas.
Official website here: www.nwcprochester.org
Who is the CEO of Neighborhood Housing Services Of Rochester Inc?
Kelley Swann is the President of Neighborhood Housing Services Of Rochester Inc. The CEO's salary of Neighborhood Housing Services Of Rochester Inc is $0 and their total compensation is $139,205.
Official website here: www.nwcprochester.org
What is the revenue of Neighborhood Housing Services Of Rochester Inc?
Neighborhood Housing Services Of Rochester Inc's revenue in 2022 was $3,307,215.
Official website here: www.nwcprochester.org
Who are the executives of Neighborhood Housing Services Of Rochester Inc and what are their salaries?
The average compensation at Neighborhood Housing Services Of Rochester Inc during 2022 was $41,101. There are 11 employees and 9 volunteers at Neighborhood Housing Services Of Rochester Inc.
Here are 12 key members and their salaries (Neighborhood Housing Services Of Rochester Inc's CEO's salary is $0 and their total compensation is $139,205):
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- Related: $132,205
- Other: $7,000
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- Related: $102,432
- Other: $7,000
- Compensation: $0
- Related: $80,196
- Other: $7,000
Official website here: www.nwcprochester.org
Where can I find the form 990 for Neighborhood Housing Services Of Rochester Inc?
Neighborhood Housing Services Of Rochester Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwcprochester.org
Learn more at the official website: www.nwcprochester.org
Mission Statement of Neighborhood Housing Services Of Rochester Inc
Neighborhood Housing Services of Rochester Inc, as a mission-driven organization, collaborates with various individuals and partners to strengthen, sustain, and promote city neighborhoods. This nonprofit extends its services to a broad spectrum of the community, including homeowners, tenants, and landlords residing within the City of Rochester. Additionally, Neighborhood Housing Services of Rochester Inc works closely with entire neighborhoods, engaging residents and other partners, to foster community development and improvement.
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Impact
August, 2024
Neighborhood Housing Services Of Rochester Inc strengthens, sustains, and promotes city neighborhoods in Rochester, NY by collaborating with people and partners to provide a range of services. Through their lending program, they offer home improvement loans tailored to customers' needs, financial and insurance counseling, and purchase assistance loans for qualified first-time home buyers. In addition to managing their loan portfolio, the organization also works with government contributions to support their initiatives. Their efforts aim to enhance the quality of housing and foster community stability in the city.
This information is meant to be a general summary of Neighborhood Housing Services Of Rochester Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $39,110
- Program Service Revenue: $1,495,344
- Gross Receipts: $3,477,031
Assets and Liabilities:
- Total Assets: $9,163,336
- Total Liabilities: $1,831,570
- Net Assets: $7,331,766
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees for Service
Revenue
$1,318,700
Loan Interest Income
Revenue
$176,644
Organization Details
Founding Year
1978
Phone
(585) 325-4170Principal Officer
Kelley Swann
Main Address
570 South Avenue, Rochester, NY, 14620
Website
www.nwcprochester.orgNTEE Category
Code: L25Z - Housing
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