NEIGHBORHOOD HOUSING SERVICES OF T… - Form 990 Financial Data

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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

1980

Legal Domicile

Principal Officer

STEPHEN GIERINGER

Phone

6104374571

Tax Period

2024-01-01 to 2024-12-31

NEIGHBORHOOD HOUSING SERVICES OF THE LEHIGH VALLEY INC, founded in 1980, is a micro nonprofit in the Housing & Shelter sector that reported $33K in total revenue in fiscal year 2024. The organization ran a surplus of $25K, a strong 76% operating margin.

Mission

NEIGHBORHOOD HOUSING SERVICES OF THE LEHIGH VALLEY'S MISSION IS TO INCREASE THE FINANCIAL STABILITY OF FAMILIES AND INDIVIDUALS BY PROVIDING PROGRAMS AND SERVICES THAT CREATE AND PRESERVE OPPORTUNITIES FOR HOMEOWNERSHIP AND DECENT, SAFE AND AFFORDABLE HOUSING.

Program Service Accomplishments

Program 1

Expenses: $1,472 Revenue: $25,343

AFFORDABLE HOUSING AND HOME OWNERSHIP PROGRAM: NHS OF THE LEHIGH VALLEY DISTRIBUTES PROGRAM INFORMATION AND ADMINISTERS THE HOME OWNERSHIP OUTREACH PROGRAM (HOOP) IN THE CITY OF ALLENTOWN, CITY OF...

AFFORDABLE HOUSING AND HOME OWNERSHIP PROGRAM: NHS OF THE LEHIGH VALLEY DISTRIBUTES PROGRAM INFORMATION AND ADMINISTERS THE HOME OWNERSHIP OUTREACH PROGRAM (HOOP) IN THE CITY OF ALLENTOWN, CITY OF BETHLEHEM, CITY OF EASTON, AND LEHIGH AND NORTHAMPTON COUNTY. THE STAFF QUALIFIES APPLICANTS FOR THIS HOMEBUYER MORTGAGE PROGRAM. NHS OF THE LEHIGH VALLEY FACILITATES AND ORIGINATES SOFT SECOND MORTGAGES OR GRANTS TO ASSIST WITH DOWN PAYMENT AND CLOSING COSTS FOR FIRST TIME HOMEBUYERS THAT FALL WITHIN THE APPROVED LOW-TO-MODERATE HUD INCOME GUIDELINES. 2024 PROGRAM ACCOMPLISHMENTS: OUR TOTAL NHSLV LOAN PORTFOLIO REMAINED STRONG RELATIVE TO THE NATIONAL ECONOMY DESPITE THE LARGE NUMBERS OF PAST DUE LOANS. 2 LOANS WERE PASSED DUE AS OF DECEMBER 31ST OUT OF A TOTAL PORTFOLIO OF 74 LOANS.

Program 2

FINANCIAL COUNSELING AND EDUCATION SERVICES: NHS OF THE LEHIGH VALLEY PROVIDES FINANCIAL COUNSELING AND/OR REFERRALS FOR CONSUMERS WITH BUDGET, CREDIT, OR HOME OWNERSHIP NEEDS. INFORMATION IS...

FINANCIAL COUNSELING AND EDUCATION SERVICES: NHS OF THE LEHIGH VALLEY PROVIDES FINANCIAL COUNSELING AND/OR REFERRALS FOR CONSUMERS WITH BUDGET, CREDIT, OR HOME OWNERSHIP NEEDS. INFORMATION IS PROVIDED ON THE VARIETY OF LOAN PROGRAMS AVAILABLE THROUGH LOCAL MUNICIPALITIES AND OTHER AGENCIES. CREDIT COUNSELING IS OFFERED TO ALL RESIDENTS WITHIN THE LEHIGH VALLEY. OTHER EDUCATIONAL NEEDS ARE REFERRED TO APPROPRIATE SOCIAL SERVICE AGENCIES.

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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 $0

Program Service Revenue $25,343

Investment Income $0

Other Revenue $8,140

TOTAL REVENUE $33,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,472

Other Expenses $8,039

TOTAL EXPENSES $8,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,483	$32,966	+0.0%
Expenses	$8,039	$6,443	+0.2%
Net Income	$25,444	$26,523	0.0%

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

N/A

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

$171,481

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARISOL TORRES	PRESIDENT	5.00	Officer Director	$0	$0	$0
ERIKA HOFFMAN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
BETH BOWERS ESQUIRE	SECRETARY	5.00	Officer Director	$0	$0	$0
TURIE SOTZIN	TREASURER	5.00	Officer Director	$0	$0	$0
GLENN KEY	AT LARGE MEMBER	5.00	Officer Director	$0	$0	$0
ERICA WENNELL	DIRECTOR	1.00	Director	$0	$0	$0
ED MARKO	DIRECTOR	1.00	Director	$0	$0	$0
AUGUSTO TORRES	DIRECTOR	1.00	Director	$0	$0	$0
FRANK DIMAIO	DIRECTOR	5.00	Director	$0	$0	$0
EDGAR CORTEZ	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA LOPEZ	DIRECTOR	1.00	Director	$0	$0	$0
JUDY VAS KORLIS	DIRECTOR	1.00	Director	$0	$0	$0
JUAN ZABALA	DIRECTOR	1.00	Director	$0	$0	$0
RAQUEL J CAPELLAN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN EP SCHMOYER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN GIERINGER	CEO, ASSISTANT TREASURER	20.00	Officer	$0	$25,763	$171,481

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	$33,483	$8,039	$505,305	$25,444
2023	$32,966	$6,443	$699,143	$26,523
2022	$86,685	$102,279	$783,707	$-15,594
2021	$39,228	$-228,308	$922,503	$267,536
2020	$152,590	$271,145	$784,255	$-118,555
2019	$117,739	$153,301	$1,086,777	$-35,562
2018	$102,049	$525,703	$1,832,595	$-423,654

NEIGHBORHOOD HOUSING SERVICES OF THE LEHIGH VALLEY INC