Overview
What is Neighborhood Housing Services Of South Buffalo Inc?
Neighborhood Housing Services of South Buffalo Inc is a nonprofit organization situated at 1937 South Park Ave, Buffalo, NY 14220. Their primary mission is to improve and preserve the economic and aesthetic conditions of residential and commercial areas, ultimately enhancing the overall quality of life and social existence in the community. They provide various services to the local residents, including counseling, weatherization, renovations, improvements, low-interest loans, and mortgage down payment assistance. Their team comprises 11 dedicated individuals working towards these goals.
Official website here: www.nhssouthbuffalo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Neighborhood Housing Services Of South Buffalo Inc has achieved a commendable score of 92% from Charity Navigator, reflecting a strong emphasis on accountability and financial management. The organization has successfully demonstrated transparency and integrity through various metrics, particularly excelling in areas such as independent board governance and financial oversight. With a perfect score in board independence and a robust conflict of interest policy, the nonprofit showcases a commitment to ethical practices.
The organization also shows effective financial management, with a program expense ratio of 85.27%, indicating that a substantial portion of its funds is directed towards its programs. The lack of material diversion of assets further solidifies their credibility, as does the presence of key policies like whistleblower and document retention policies. These factors contribute to the organization's reputation for being a responsible steward of donor funds.
However, there is a noted area for improvement in their liabilities to assets ratio, which stands at 60.76%. While this is not alarming, it suggests that the organization could benefit from enhancing its financial stability. Overall, Neighborhood Housing Services Of South Buffalo Inc is rated highly for its accountability, but attention to financial ratios could further strengthen its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Housing Services Of South Buffalo Inc legitimate?
Neighborhood Housing Services Of South Buffalo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of South Buffalo 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: $57,521
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,140
For more financial information, click here
Official website here: www.nhssouthbuffalo.org
What is the mission statement of Neighborhood Housing Services Of South Buffalo Inc?
Neighborhood Housing Services of South Buffalo Inc is committed to promoting and supporting the preservation and stabilization of economic and aesthetic conditions in both residential and commercial areas. Their mission is to enhance the quality of life and social existence in these zones. Through their services, they provide housing assistance to the local community, offering counseling, weatherization, renovations, improvements, low-interest loans, and mortgage down payment assistance. Their ultimate goal is to improve the overall living conditions and social environment in these areas.
Official website here: www.nhssouthbuffalo.org
Who is the CEO of Neighborhood Housing Services Of South Buffalo Inc?
Shyrl Duderwick is the Executive Director of Neighborhood Housing Services Of South Buffalo Inc.
Official website here: www.nhssouthbuffalo.org
What is the revenue of Neighborhood Housing Services Of South Buffalo Inc?
Neighborhood Housing Services Of South Buffalo Inc's revenue in 2022 was $1,454,942.
Official website here: www.nhssouthbuffalo.org
Who are the executives of Neighborhood Housing Services Of South Buffalo Inc and what are their salaries?
The average compensation at Neighborhood Housing Services Of South Buffalo Inc during 2022 was $45,060. There are 11 employees and 7 volunteers at Neighborhood Housing Services Of South Buffalo Inc.
Here are 8 key members and their salaries:
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- Compensation: $57,521
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- Other: $0
Official website here: www.nhssouthbuffalo.org
Where can I find the form 990 for Neighborhood Housing Services Of South Buffalo Inc?
Neighborhood Housing Services Of South Buffalo Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhssouthbuffalo.org
Learn more at the official website: www.nhssouthbuffalo.org
Mission Statement of Neighborhood Housing Services Of South Buffalo Inc
Neighborhood Housing Services of South Buffalo Inc is committed to promoting and assisting in the preservation and stabilization of both the economic and aesthetic conditions of residential and commercial zones. Their mission is geared towards enhancing the quality of life and social existence within these zones. In essence, this nonprofit organization strives to improve the overall appearance and financial stability of neighborhoods, thereby fostering a better living environment for its residents.
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Impact
October, 2024
Neighborhood Housing Services of South Buffalo Inc significantly enhances the quality of life in the Buffalo community by focusing on the preservation and stabilization of both residential and commercial zones. Their efforts directly contribute to improving economic conditions and aesthetic appeal, fostering a vibrant neighborhood atmosphere.
Through various housing services, the organization addresses critical needs within the community. They provide counseling to residents, guiding them through complex housing issues. Additionally, they offer weatherization services, helping homes become more energy-efficient and comfortable, which translates into lower utility costs for families.
The organization also supports home renovations and improvements, empowering homeowners to enhance their properties and, in turn, elevate the overall neighborhood landscape. Their low-interest loans and mortgage down payment assistance open doors for many individuals and families who aspire to own a home, making homeownership more accessible and sustainable.
Ultimately, their commitment to promoting a higher quality of life and social existence strengthens community ties and encourages active participation among residents, contributing to a more stable and thriving South Buffalo.
This information is meant to be a general summary of Neighborhood Housing Services Of South Buffalo 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: $43
- Program Service Revenue: $63,538
- Gross Receipts: $1,464,042
Assets and Liabilities:
- Total Assets: $840,563
- Total Liabilities: $347,956
- Net Assets: $492,607
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OWNERS' INVESTMENT INC
Revenue
$63,059
INTEREST ON LOANS
Revenue
$479
Organization Details
Founding Year
1981
Phone
(716) 823-3630Principal Officer
Shyrl Duderwick
Main Address
1937 SOUTH PARK AVE, BUFFALO, NY, 14220
Website
www.nhssouthbuffalo.orgNTEE Category
Code: L80 - Housing
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