HOUSING AND NEIGHBORHOOD DEVELOPME… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

LISA BOYD

Phone

9736783110

Tax Period

2024-07-01 to 2025-06-30

HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICES INC (HANDS INC), founded in 1986, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 18% operating deficit.

Mission

HANDS' MISSION IS TO KEEP THE NEIGHBORHOODS OF ORANGE AND EAST ORANGE PLACES WHERE PEOPLE CAN AND DO CHOOSE TO RAISE THEIR FAMILY AND RUN THEIR BUSINESS.

Program Service Accomplishments

Program 1

Expenses: $1,361,237 Revenue: $979,419

REAL ESTATE DEVELOPMENT- COMPLETE AND SELL AN AFFORDABLE REHABBED HOME. MANAGE THE PREDEVELOPMENT OF TWO MIXED-USE ARTS-RELATED DEVELOPMENTS IN THE VALLEY ARTS DISTRICT.

Program 2

Expenses: $359,957

COMMUNITY BUILDING AND ORGANIZING- BUILDING CIVIC ENGAGEMENT AND EMPOWERMENT THROUGH DEVELOPING RESIDENT LEADERSHIP FOR ADVOCAY AND PROGRAMMING. WORK IN COLLABORATION WITH PARTNERS ON INITIATIVES IN COMMUNITY ARTS, PROGRAMMING FOR RAISING COMMUNITY HEALTH AND PLANNING AND ADVOCACY TO IMPROVEMENT THE BUILT ENVIRONMENT AND COMMUNITY PROGRAMS.

Program 3

Expenses: $190,054

THE ORGANIZATION OPERATES A LEAD REMEDIATION AND ABATEMENT PROGRAM IN PARTNERSHIP WITH THE NEW JERSEY DEPARTMENT OF COMMUNITY AFFAIRS (NJDCA). THE PROGRAM IS DESIGNED TO REDUCE LEAD-BASED PAINT...

THE ORGANIZATION OPERATES A LEAD REMEDIATION AND ABATEMENT PROGRAM IN PARTNERSHIP WITH THE NEW JERSEY DEPARTMENT OF COMMUNITY AFFAIRS (NJDCA). THE PROGRAM IS DESIGNED TO REDUCE LEAD-BASED PAINT HAZARDS IN RESIDENTIAL PROPERTIES CONSTRUCTED PRIOR TO 1978.THROUGH THIS PROGRAM, ELIGIBLE LOW- TO MODERATE-INCOME TENANTS AND HOMEOWNERS RECEIVE LEAD INSPECTION, RISK ASSESSMENT, AND REMEDIATION OR ABATEMENT SERVICES AT NO COST, SUBJECT TO NJDCA PROGRAM GUIDELINES AND AVAILABLE FUNDING. SERVICES ARE PERFORMED BY CERTIFIED PROFESSIONALS IN ACCORDANCE WITH APPLICABLE FEDERAL AND STATE REGULATIONS. ELIGIBILITY, SCOPE OF SERVICES, AND PROGRAM AVAILABILITY ARE DETERMINED BY NJDCA REQUIREMENTS. THE ORGANIZATION ADMINISTERS PROGRAM OUTREACH, COORDINATION, AND SUPPORT TO FACILITATE THE DELIVERY OF THESE SERVICES TO QUALIFYING HOUSEHOLDS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $832,371

Program Service Revenue $914,312

Investment Income $2,295

Other Revenue $61,859

TOTAL REVENUE $1,810,837

Expense Breakdown

Grants Paid $197,634

Salaries & Benefits $366,708

Fundraising Expenses $137,184

Program Expenses $1,911,248

Other Expenses $1,528,714

TOTAL EXPENSES $2,139,181

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,810,837	$2,459,531	-0.3%
Expenses	$2,139,181	$1,883,383	+0.1%
Net Income	$-328,344	$576,148	-1.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$184,045

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN GOMEZ	CHAIR	2.00	Officer Director	$0	$0	$0
REBECCA DOGGETT	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SCOTT SCHULTZ	SECRETARY	2.00	Officer Director	$0	$0	$0
REGINA BARBOZA	BOARD MEMBER	2.00	Director	$0	$0	$0
NAEEMA CAMPBELL	BOARD MEMBER	2.00	Director	$0	$0	$0
MINDY THOMPSON FULLILOVE MD	BOARD MEMBER	2.00	Director	$0	$0	$0
HAROLD SIMON	BOARD MEMBER	2.00	Director	$0	$0	$0
LISA BOYD	EXECUTIVE DIRECTOR	50.00	Officer	$129,045	$0	$129,045
TESHA KELLEY	DIRECTOR OF FINANCE	50.00	Officer	$55,000	$0	$55,000

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	$1,810,837	$2,139,181	$11,032,903	$-328,344
2024	No data	No data	No data	No data
2023	$1,966,025	$1,924,506	$10,797,514	$41,519
2022	$2,415,087	$2,219,535	$11,006,824	$195,552
2021	$1,791,892	$2,093,345	$11,260,593	$-301,453
2020	$2,216,886	$2,217,791	$11,488,747	$-905
2019	$2,301,495	$2,246,306	$12,242,578	$55,189
2018	$1,510,639	$2,591,964	$15,802,556	$-1,081,325

HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICES INC (HANDS INC)