NEIGHBORHOOD HOUSING SERVICES OF THE SOUTH SHORE INC (EIN 042732439) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

CHRISTINE MACDONALD

Phone

6177702227

Tax Period

2024-07-01 to 2025-06-30

NEIGHBORHOOD HOUSING SERVICES OF THE SOUTH SHORE INC, founded in 1981, is a major nonprofit in the Housing & Shelter sector that reported $153.5M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $145.5M left a modest 5% surplus.

Mission

TO PROVIDE NEIGHBORHOOD REVITALIZATION AND AFFORDABLE HOUSING IN SOUTHEASTERN MASSACHUSETTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,548,660

Program Service Revenue $142,946,260

Investment Income $1,700,530

Other Revenue $1,319,654

TOTAL REVENUE $153,515,104

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,801,790

Fundraising Expenses $209,911

Program Expenses $143,086,722

Other Expenses $132,699,760

TOTAL EXPENSES $145,501,550

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,515,104	$125,138,977	+0.2%
Expenses	$145,501,550	$117,310,556	+0.2%
Net Income	$8,013,554	$7,828,421	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

149

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$770,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MCGOWAN	VICE CHAIR	5.00	Officer Director	$0	$0	$0
BEVERLY SOMERVILLE	PRESIDENT/CHAIR	5.00	Officer Director	$0	$0	$0
DAVID KILNAPP	TREASURER	5.00	Officer Director	$0	$0	$0
PATRICK NEENAN	VICE TREASURER	5.00	Officer Director	$0	$0	$0
JEFF GRAEBER	CLERK	5.00	Officer Director	$0	$0	$0
ELVIRA CALDEIRA	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN BORGERSON	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY CHARNEL	DIRECTOR	2.00	Director	$0	$0	$0
CAROL DELOREY	DIRECTOR	2.00	Director	$0	$0	$0
DOMINGA MALDONADO	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HEALY	DIRECTOR	2.00	Director	$0	$0	$0
GORETTI JOAQUIM	ASSISTANT CLERK	2.00	Officer Director	$0	$0	$0
THOMAS KING	DIRECTOR	2.00	Director	$0	$0	$0
ANTOINETTE PABON GREEN	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD PETERSON	DIRECTOR	2.00	Director	$0	$0	$0
CAROLINA SUSTACHE	DIRECTOR	2.00	Director	$0	$0	$0
PAT GIBSON	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT CORLEY	CHIEF EXECUTIVE OFFICER	40.00	Officer	$306,387	$43,985	$350,372
CHRISTINE MACDONALD	CHIEF FINANCIAL OFFICER	40.00	Officer	$205,848	$18,059	$223,907
ANGELICA GOMEZ	CHIEF OPERATING OFFICER	40.00	Officer	$162,989	$32,774	$195,763
TIMOTHY DOHERTY	REAL ESTATE DEVELOPMENT	40.00	Highest	$213,500	$40,381	$253,881
NOELLE HUMPHRIES	ASSOCIATE REAL ESTATE DEVELOPMENT	40.00	Highest	$185,093	$20,755	$205,848
ANN MARIE BELROSE	RHN EXECUTIVE DIRECTOR	40.00	Highest	$134,445	$34,326	$168,771
KATHY FACCHINI	DIRECTOR OF HOUSING SERVICES	40.00	Highest	$117,543	$10,209	$127,752
LIZ HERNANDEZ	ASSET MANAGER	40.00	Highest	$114,397	$26,980	$141,377

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$153,515,104	$145,501,550	$80,998,943	$8,013,554
2024	No data	No data	No data	No data
2023	$92,518,755	$89,287,590	$57,143,428	$3,231,165
2022	$138,084,403	$135,752,540	$50,429,988	$2,331,863
2021	$76,088,167	$74,521,547	$50,040,297	$1,566,620
2020	$51,660,707	$51,058,055	$37,483,668	$602,652
2019	$4,327,708	$4,239,513	$28,763,363	$88,195

NEIGHBORHOOD HOUSING SERVICES OF THE SOUTH SHORE INC