WATERBURY, CT
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Sign In — Free (10 views/day)NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC, founded in 1980, is a community nonprofit in the Housing & Shelter sector that reported $3.3M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $3.6M exceeded revenue, resulting in a 10% operating deficit.
BUILDING STRONG NEIGHBORHOODS AND COMMUNITIES THROUGH AFFORDABLE AND COMPREHENSIVE HOUSING DEVELOPMENT, FINANCIAL EDUCATION, AND FURTHERING HOME AND COMMUNITY OWNERSHIP.
HOMEOWNERSHIP IS THE CORNERSTONE OF A STRONG COMMUNITY . THROUGH NHSW'S HOMEOWNERSHIP PROMOTION PROGRAMS, POTENTIAL HOMEBUYERS ARE PROVIDED WITH THE TOOLS NECESSARY TO SUCCEED AND MAKE THEIR DREAMS...
HOMEOWNERSHIP IS THE CORNERSTONE OF A STRONG COMMUNITY . THROUGH NHSW'S HOMEOWNERSHIP PROMOTION PROGRAMS, POTENTIAL HOMEBUYERS ARE PROVIDED WITH THE TOOLS NECESSARY TO SUCCEED AND MAKE THEIR DREAMS OF LIFELONG HOMEOWNERSHIP A REALITY THROUGH PRE- AND POST-PURCHASE COUNSELING AND WORKSHOPS, BUDGETING AND DEBT MANAGEMENT, FINANCIAL PLANNING AND MANAGEMENT, CREDIT REPAIR, AND LANDLORD EDUCATION. THE HOMEOWNERSHIP PRESERVATION PROGRAM COMBINES CLINICS AND COUNSELING SERVICES TO HELP EXISTING HOMEOWNERS HOLD ON TO THEIR HOMES WHEN CHALLENGES ARISE THROUGH BUDGETING AND SPENDING COUNSELING, REFINANCING HELP, DO-IT-YOURSELF TRAINING, EDUCATION ON LOWERING THE COSTS OF OWNING A HOME AND AVOIDING FORECLOSURE, MINIMIZING LOSSES, AND RECEIVING HELP WITH LOAN MODIFICATIONS.
UNITECT, CT'S RENTAL ASSISTANCE PROGRAM AIMED TO HELP PEOPLE WHO STRUGGLED FINANCIALLY DURING THE PANDEMIC STAY IN THEIR HOMES. NHSW PERFORMED OUTREACH, ENGAGEMENT, AND MARKETING TO TENANTS AND...
UNITECT, CT'S RENTAL ASSISTANCE PROGRAM AIMED TO HELP PEOPLE WHO STRUGGLED FINANCIALLY DURING THE PANDEMIC STAY IN THEIR HOMES. NHSW PERFORMED OUTREACH, ENGAGEMENT, AND MARKETING TO TENANTS AND LANDLORDS, ASSISTED AND MANAGED APPLICANTS WITH AND DURING THE PROCESS IN PERSON OR REMOTELY, MAINTAINED A DAILY LOG OF ACTIVITY, AND DETERMINED APPLICANTS' ELIGIBILITY. WE PROVIDED SERVICES TO OVER 10,00 HOUSEHOLDS, WHICH RECEIVED HELP SECURING RENTAL PAYMENT ASSISTANCE DUE TO FINANCIAL STRUGGLES DURING THE PANDEMIC.
NEIGHBORHOOD HOUSING SERVICES OF WATERBURY MANAGES AN AFFORDABLE RENTAL APARTMENT DEVELOPMENT IN THE NORTH END OF WATERBURY, CONSISTING OF 10 TOWNHOUSE STYLE, TWO- AND THREE-STORY, 3 BEDROOMS, 2...
NEIGHBORHOOD HOUSING SERVICES OF WATERBURY MANAGES AN AFFORDABLE RENTAL APARTMENT DEVELOPMENT IN THE NORTH END OF WATERBURY, CONSISTING OF 10 TOWNHOUSE STYLE, TWO- AND THREE-STORY, 3 BEDROOMS, 2 BATHS UNITS AVERAGING 1,252 SQ. FT. PER UNIT. ADDITIONALLY, NHS OF WATERBURY OWNS LAND FOR A 51 AFFORDABLE HOMEOWNERSHIP DEVELOPMENT CALLED OLD FARM RIDGE. NHS OF WATEBRURY WORK TO ENSURE THE ONGOING SAFETY, SECURITY, AND AFFORDABILITY. SERVICES INCLUDE COORDINATING THE HANDS-ON TASKS OF MAINTENANCE TO CRUNCHING NUMBERS FOR ACCOUNTING, CERTIFICATION, AND MORE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,306,040 | $3,948,151 | -0.2% |
| Expenses | $3,648,485 | $3,496,034 | +0.0% |
| Net Income | $-342,445 | $452,117 | -1.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID AURIGEMMA | SECRETARY | N/A |
Officer
Director
|
$0 | $0 | $0 |
| NANCY B FAY | VICE PRESIDE | N/A |
Officer
Director
|
$0 | $0 | $0 |
| JONATHAN GILBODE | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| ALEX JEREZ | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| WARREN LEACH | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| O'NEIL LINDO | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| CHERYL WALLACE-SMITH | DIRECTOR | N/A |
Director
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$0 | $0 | $0 |
| MONROE WEBSTER | PRESIDENT | N/A |
Officer
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,306,040 | $3,648,485 | $6,219,594 | $-342,445 |
| 2023 | $3,948,151 | $3,496,034 | $7,465,670 | $452,117 |
| 2023 | $3,948,151 | $3,496,034 | $7,465,670 | $452,117 |
| 2022 | $5,392,269 | $2,923,424 | $6,463,750 | $2,468,845 |
| 2021 | $1,389,491 | $1,101,054 | $4,411,618 | $288,437 |
| 2020 | $653,429 | $788,001 | $3,377,129 | $-134,572 |
| 2019 | $270,755 | $751,700 | $3,423,455 | $-480,945 |
| 2018 | $725,151 | $857,626 | $4,075,793 | $-132,475 |
Compare NEIGHBORHOOD HOUSING SERVICES OF WATERBURY INC with other nonprofits in Connecticut and across the country.