Niagara Falls Neighborhood Housing Service Inc

EIN: 222279167 501(c)(3)

Niagara Falls, NY

Total Revenue
$432,987
Total Expenses
$880,993
Total Assets
$1,783,302
Net Assets
$-2,320,429
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NY
Principal Officer
Clay Simmons
Phone
7162857778
Tax Period
2023-01-01 to 2023-12-31

Niagara Falls Neighborhood Housing Service Inc, founded in 1979, is a small nonprofit that reported $433K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $881K exceeded revenue, resulting in a 103% operating deficit.

Mission

To preserve and stabilize the economic and aesthetic conditions in Niagara Falls communities.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $183,483
Program Service Revenue $197,658
Investment Income $50,573
Other Revenue $1,273
TOTAL REVENUE $432,987

Expense Breakdown

Grants Paid $17,500
Salaries & Benefits $335,302
Fundraising Expenses $0
Program Expenses $770,352
Other Expenses $528,191
TOTAL EXPENSES $880,993

Year-over-Year Comparison

2023 2022 Change
Revenue $432,987 $1,256,698 -0.7%
Expenses $880,993 $1,611,909 -0.5%
Net Income $-448,006 $-355,211 +0.3%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
10

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
8
$413,598
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christine Sanborn President 0.30
Officer Director
$0 $0 $0
David Nardozzi Member 0.30
Director
$0 $0 $0
Carmen Presti Finance Secretary 0.30
Officer Director
$0 $0 $0
Lola McCreary Secretary 0.30
Officer Director
$0 $0 $0
Stephen Dojka Member 0.30
Director
$0 $0 $0
Mike Hooper Member 0.30
Director
$0 $0 $0
Elaine Schroeder Member 0.30
Director
$0 $0 $0
Diane Tattersall Member 0.30
Director
$0 $0 $0
Andrew Constantino Member 0.30
Director
$0 $0 $0
Laura Pennington Member 0.30
Director
$0 $0 $0
Kathleen Steinman Director of Homeownership 34.00
Officer
$60,006 $7,499 $89,768
Jerome Nagy - Chief Executive Officer (Through 1/23) 0.30
Officer
$0 $779 $18,977
Adriana Eastlack Director of Finance 0.30
Officer
$0 $7,500 $95,845
Kelley Swann Chief Operating Officer/Interim CEO (2/23 - 7/23) 0.30
Officer
$0 $7,500 $137,471
Clarence Simmons - Chief Executive Officer (Beginning 7/23) 0.30
Officer
$0 $3,461 $71,537
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 No data No data No data No data
2023 $432,987 $880,993 $1,783,302 $-448,006
2022 $1,256,698 $1,611,909 $1,838,212 $-355,211
2021 $1,818,977 $1,938,412 $3,221,959 $-119,435
2020 $2,819,984 $2,829,899 $2,107,693 $-9,915
2019 $4,470,014 $4,251,706 $2,713,905 $218,308
2018 $6,018,501 $5,546,824 $5,360,015 $471,677
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Niagara Falls Neighborhood Housing Service Inc with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.