Buffalo, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)West Side Neighborhood Housing Services Inc, founded in 1981, is a community nonprofit in the Housing & Shelter sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 87% from the prior year, signaling strong growth momentum.
To carry consumers through the process of buying/owning a home with programs and services including financial capability and homebuyer education, closing cost assistance, post-purchase education, home improvement loans and foreclosure prevention counseling.
Residential Rehab - This home improvement program may provide rehabilitation grants to customers who meet income eligibility requirements. Staff act as a liaison between the customer and the...
Residential Rehab - This home improvement program may provide rehabilitation grants to customers who meet income eligibility requirements. Staff act as a liaison between the customer and the contractor; assisting with the outline of home improvement needs, selecting a contractor, and monitoring progress throughout the project. This program is also supported by $2,048,623 of government grants.
Lending - The lending program provides a home improvement loan designed to fit the customers' unique financial needs. Our lending services also provide purchase assistance loans which supplement...
Lending - The lending program provides a home improvement loan designed to fit the customers' unique financial needs. Our lending services also provide purchase assistance loans which supplement traditional purchase financing for qualified first time home buyers. This program manages the organizations loan portfolio including collections, restructuring of loans, and counseling customers.This program is also supported by $121,472 of government grants.
Home Ownership Services - The Organization provides pre- and post-purchase education for potential homebuyers. One-on-one credit and budget counseling are provided to assist in the journey to...
Home Ownership Services - The Organization provides pre- and post-purchase education for potential homebuyers. One-on-one credit and budget counseling are provided to assist in the journey to homeownership. This program also includes a foreclosure prevention counseling program which provides services to residents of Erie and Niagara counties. This service is funded through the New York State Attorney General Homeowner Protection Program and includes: early intervention, one-on-one counseling, conferring with lenders on client's behalf, financial capability coaching, referrals to a HOPE line and other supporting resources.This program is also supported by $284,491 of government grants.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,943,603 | $1,576,814 | +0.9% |
| Expenses | $3,097,209 | $1,691,879 | +0.8% |
| Net Income | $-153,606 | $-115,065 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Freddy Barrera | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Gary Link | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Michael Woods | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Lucy Candelario | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Dan Hawrylczak | Chair | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| David Granville | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Lauren Jednak | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Darnell Haywood | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Jerome Nagy - Chief | Executive Officer (Through 1/23) | 0.20 |
Officer
|
$0 | $779 | $18,977 |
| Adriana Eastlack | Director of Finance | 0.20 |
Officer
|
$0 | $7,500 | $95,845 |
| Kelley Swann | Chief Operating Officer/Interim CEO (2/23 - 7/23) | 0.20 |
Officer
|
$0 | $7,500 | $137,471 |
| Clarence Simmons - Chief | Executive Officer (Beginning 7/23) | 0.20 |
Officer
|
$0 | $3,461 | $71,537 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,943,603 | $3,097,209 | $5,842,926 | $-153,606 |
| 2022 | $1,576,814 | $1,691,879 | $6,035,229 | $-115,065 |
| 2021 | $1,049,393 | $1,217,434 | $6,148,426 | $-168,041 |
| 2020 | $1,025,427 | $1,189,443 | $6,094,135 | $-164,016 |
| 2019 | $1,198,475 | $1,199,351 | $5,209,987 | $-876 |
| 2018 | $704,962 | $744,515 | $5,333,107 | $-39,553 |
Compare West Side Neighborhood Housing Services Inc with other nonprofits in New York and across the country.