NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY (EIN 133098397) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

R GARY CAMPBELL

Phone

2125192553

Tax Period

2024-01-01 to 2024-12-31

NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY, founded in 1982, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

NHS REVITALIZES UNDERSERVED NEIGHBORHOODS BY CREATING AND PRESERVING AFFORDABLE HOUSING AND PROVIDING OPPORTUNITIES FOR HOMEOWNERSHIP EDUCATION, FINANCIAL ASSISTANCE, AND COMMUNITY LEADERSHIP.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,844,731

Program Service Revenue $1,072,223

Investment Income $107,154

Other Revenue $79,307

TOTAL REVENUE $12,103,415

Expense Breakdown

Grants Paid $8,338,573

Salaries & Benefits $2,008,304

Fundraising Expenses $200,673

Program Expenses $10,888,832

Other Expenses $1,578,191

TOTAL EXPENSES $11,925,068

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,103,415	$10,193,207	+0.2%
Expenses	$11,925,068	$9,692,527	+0.2%
Net Income	$178,347	$500,680	-0.6%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$388,488

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD E TOM	TREASURER	1.00	Officer Director	$0	$0	$0
EUSTACE GREAVES JR LUTCF	MEMBER	1.00	Director	$0	$0	$0
MARK D PODGAINY	MEMBER	1.00	Director	$0	$0	$0
SCOTT GOLD	MEMBER	1.00	Director	$0	$0	$0
ERIK SHUMAR	MEMBER	1.00	Director	$0	$0	$0
SUSAN CULLEN	MEMBER	1.00	Director	$0	$0	$0
MOSES GATES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID BAGATELLE	PRESIDENT	1.00	Officer Director	$0	$0	$0
ADAM DEJAK	MEMBER	1.00	Director	$0	$0	$0
REBECCA GILMAN CRIMMINS	MEMBER	1.00	Director	$0	$0	$0
JOHN ABRAMO	MEMBER	1.00	Director	$0	$0	$0
JAMIE THOMAS	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL P KING	MEMBER	1.00	Director	$0	$0	$0
MANUTOSH MARTHUR	MEMBER	1.00	Director	$0	$0	$0
GERRALD ELLIS	MEMBER	1.00	Director	$0	$0	$0
DERRICK GRIGGS	CEO (FORMER) EFF. 4/30/24	35.00	Officer	$96,715	$7,733	$104,448
YUEJUAN WENG	CFAO (FORMER) EFF. 12/31/24	35.00	Officer	$205,598	$24,596	$230,194
TONYA ORES	CEO EFF. 11/4/24	35.00	Officer	$53,846	$0	$53,846
R GARY CAMPBELL	DIR. FINANCE & ADMIN EFF. 12/23/24	35.00	Officer	$0	$0	$0
MARITA R BANKHEAD	DIRECTOR OF LENDING	35.00	Highest	$117,637	$0	$117,637
NEDRA CAMPBELL	DIRECTOR OF PROGRAMS AND O	35.00	Highest	$117,255	$7,340	$124,595
EILEEN PRIMO	DIRECTOR OF HOMEOWNERSHIP	35.00	Highest	$115,588	$1,188	$116,776

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
2024	$12,103,415	$11,925,068	$17,206,358	$178,347
2023	$10,193,207	$9,692,527	$22,014,790	$500,680
2022	$12,319,217	$11,066,613	$25,135,298	$1,252,604
2021	$4,808,509	$4,483,651	$17,546,984	$324,858
2020	$4,303,281	$5,017,134	$16,546,846	$-713,853
2019	$7,380,820	$6,845,611	$18,691,664	$535,209
2018	$11,714,748	$11,930,766	$16,710,714	$-216,018

NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY