NEIGHBORHOOD HEALTH SERVICES CORPORATION

EIN: 221927742 501(c)(3) Health Care

PLAINFIELD, NJ

Total Revenue
$11,173,640
Total Expenses
$12,375,564
Total Assets
$8,288,871
Net Assets
$-3,708,154
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NJ
Principal Officer
Kerri Powell
Phone
9087536401
Tax Period
2024-07-01 to 2025-06-30

NEIGHBORHOOD HEALTH SERVICES CORPORATION, founded in 1969, is a mid-sized nonprofit in the Health Care sector that reported $11.2M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $12.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

The Mission of Neighborhood Health Services Corporation is to be a leader of ambulatory primary health services withing the medically underserved and uninsured populations in the communities we serve. We offer quality services in a cost effective and safe environment that is culturally diverse and responsive to the changing needs of the patient population.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,140,287
Program Service Revenue $4,032,198
Investment Income $1,155
Other Revenue $0
TOTAL REVENUE $11,173,640

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,436,448
Fundraising Expenses $0
Program Expenses $9,149,383
Other Expenses $4,939,116
TOTAL EXPENSES $12,375,564

Year-over-Year Comparison

2024 2023 Change
Revenue $11,173,640 $12,951,382 -0.1%
Expenses $12,375,564 $12,489,183 0.0%
Net Income $-1,201,924 $462,199 -3.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
80
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
5
$770,000
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harsha M Tripathi Internist 40.00
Highest
$226,310 $0 $226,310
Christine Fleurimond Internist 40.00
Highest
$195,000 $0 $195,000
Kerri Powell President/CEO 40.00
Officer
$400,000 $0 $400,000
Demetria Pennington Vice President/CMO 40.00
Officer
$210,000 $0 $210,000
Vidya Sonavane Internist 40.00
Highest
$175,000 $0 $175,000
Vito Veneruso Vice President/COO 40.00
Officer
$160,000 $0 $160,000
Nicole Rolston Vice Chair 2.00
Officer Director
$0 $0 $0
Luis Taveras Chairman and Treasurer 2.00
Officer Director
$0 $0 $0
Reginald McRae Trustee 2.00
Director
$0 $0 $0
Chaunte Abudellah-Smith Trustee 2.00
Director
$0 $0 $0
Diane Pender Trustee 2.00
Director
$0 $0 $0
Brian Brenner Trustee 2.00
Director
$0 $0 $0
Kenyatta Nobles Trustee 2.00
Director
$0 $0 $0
Ina Brown-Woodson Trustee 2.00
Director
$0 $0 $0
Carlos Ramirez Trustee 2.00
Director
$0 $0 $0
Bergenie Celony Trustee 2.00
Director
$0 $0 $0
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 $11,173,640 $12,375,564 $8,288,871 $-1,201,924
2024 $12,951,382 $12,489,183 $8,768,872 $462,199
2023 $14,178,059 $13,295,006 $6,776,279 $883,053
2022 $13,239,276 $12,655,050 $8,723,508 $584,226
2021 $11,884,463 $10,492,784 $10,149,721 $1,391,679
2020 $12,287,142 $9,557,509 $9,900,248 $2,729,633
2019 $9,490,605 $9,579,162 $7,450,883 $-88,557
2019 $10,485,106 $9,584,076 $8,393,154 $901,030
2018 $9,766,863 $10,682,148 $6,729,913 $-915,285
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