NEIGHBORHOOD HOUSING SERVICES OF CHICAGO INC

EIN: 237443009 501(c)(3) Housing & Shelter

CHICAGO, IL

Total Revenue
$8,947,806
Total Expenses
$6,697,614
Total Assets
$12,038,349
Net Assets
$-1,215,042
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
IL
Principal Officer
TOM SAKOS
Phone
7738950750
Tax Period
2024-04-01 to 2025-03-31

NEIGHBORHOOD HOUSING SERVICES OF CHICAGO INC, founded in 1975, is a community nonprofit in the Housing & Shelter sector that reported $8.9M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 25% operating margin.

Mission

NHS' MISSION IS TO CREATE OPPORTUNITIES FOR PEOPLE TO LIVE IN AFFORDABLE HOMES, IMPROVE THEIR LIVES, AND STRENGTHEN THEIR NEIGHBORHOODS. NHS DEPLOYS A SUITE OF PRODUCTS, SERVICES, AND STRATEGIES TO FULFILL ITS MISSION, PRIMARILY INCLUDING:(I) EDUCATING AND PREPARING NEW HOMEOWNERS FOR SUCCESS, AND SUSTAINING HOMEOWNERSHIP THROUGH FORECLOSURE INTERVENTION SERVICES, FINANCIAL COACHING, AND EDUCATIONAL WORKSHOPS.(II) CONNECTING RESIDENTS TO AVAILABLE RESOURCES, SUCH AS HOME PURCHASE AND IMPROVEMENT LOANS, AND PUBLIC GRANT OPPORTUNITIES, TO ENCOURAGE THE PRESERVATION, REPAIR, AND IMPROVEMENT OF THE SUPPLY OF RESIDENTIAL HOUSING.(III) DEVELOPING AND SUPPORTING RESIDENT LEADERS IN TARGETED GEOGRAPHIES.(IV) BUILDING POWERFUL AND ENDURING COMMUNITY PARTNERSHIPS WITH AND BETWEEN COMMUNITY RESIDENTS, GOVERNMENT, FINANCIAL INSTITUTIONS AND PRIVATE SECTOR PARTNERS, AND OTHER COMMUNITY-BASED PARTNERS.

Program Service Accomplishments

Program 1
Expenses: $3,543,401 Revenue: $3,686,939

NEIGHBORHOOD HOUSING SERVICES OF CHICAGO, INC. (NHS) OFFERS ITS PRODUCTS AND SERVICES CITYWIDE IN CHICAGO, WITH NEIGHBORHOOD-BASED OFFICES IN AUBURN GRESHAM AND ENGLEWOOD; CHICAGO LAWN AND GAGE PARK...

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NEIGHBORHOOD HOUSING SERVICES OF CHICAGO, INC. (NHS) OFFERS ITS PRODUCTS AND SERVICES CITYWIDE IN CHICAGO, WITH NEIGHBORHOOD-BASED OFFICES IN AUBURN GRESHAM AND ENGLEWOOD; CHICAGO LAWN AND GAGE PARK; NORTH LAWNDALE; ROSELAND; AND WEST HUMBOLDT PARK. NHS ALSO OPERATES THREE PLACE-BASED PARTNERSHIPS FOCUSED ON SPECIAL PROGRAMS. APPROXIMATELY 80 PERCENT OF NHS' CLIENTS ARE LOW- TO MODERATE-INCOME. NHS' COUNSELING AND EDUCATION SERVICES PROVIDED CLASSROOM EDUCATION TO POTENTIAL HOMEBUYERS AND IN PERSON PRE-PURCHASE COUNSELING. THESE PROGRAMS WERE OFFERED TO POTENTIAL HOMEBUYERS THROUGH NHS FREE 8-HOUR HOMEBUYER CURRICULUM (OFFERED BOTH IN ENGLISH AND SPANISH WEEKLY) AND ONLINE VIA EHOME AMERICA; PROVIDING INDIVIDUAL COUNSELING AND INTERVENTION SERVICES TO HOMEOWNERS AT RISK OF FORECLOSURE. NHS' EXECUTIVE MANAGEMENT TEAM AND THE INNOVATION, EVALUATION AND PUBLIC POLICY DEPARTMENT WORK ACROSS NHS' BUSINESS LINES TO CRAFT NEW SOLUTIONS TO THE EVER-CHANGING ISSUES FACING UNDERINVESTED NEIGHBORHOODS AND LOW AND MODERATE INCOME COMMUNITIES IN THE CHICAGO REGION. NHS PARTNERS AND STAFF ARE PIONEERING EFFORTS TO RESPOND TO NEIGHBORHOOD AND REGIONAL ISSUES AND TO ANTICIPATE FUTURE NEEDS FOR NHS' TARGET NEIGHBORHOODS AND CUSTOMERS. NHS CONVERTS THE KNOWLEDGE AND EXPERIENCE GAINED THROUGH ITS DAILY WORK IN THE NEIGHBORHOODS TO NEW PROGRAMS AND PUBLIC POLICY INITIATIVES THAT CAN DIRECTLY BENEFIT THOSE COMMUNITIES AND THE CHICAGO REGION.

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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 $4,943,267
Program Service Revenue $3,686,939
Investment Income $503,640
Other Revenue $-186,040
TOTAL REVENUE $8,947,806

Expense Breakdown

Grants Paid $724,869
Salaries & Benefits $4,095,999
Fundraising Expenses $436,457
Program Expenses $3,543,401
Other Expenses $1,820,563
TOTAL EXPENSES $6,697,614

Year-over-Year Comparison

2024 2023 Change
Revenue $8,947,806 $6,116,966 +0.5%
Expenses $6,697,614 $9,693,940 -0.3%
Net Income $2,250,192 $-3,576,974 -1.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
89
Volunteers
260

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
7
$808,342
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE MARTIN CHAIRPERSON 4.00
Officer Director
$0 $0 $0
JERRY LUMPKINS VICE CHAIR 5.00
Officer Director
$0 $0 $0
MADHAVI MALLELA DIRECTOR 5.00
Director
$0 $0 $0
RONALD JOHNSON DIRECTOR 5.00
Director
$0 $0 $0
MELANIE JEFFERIES DIRECTOR 5.00
Director
$0 $0 $0
BRYAN ECHOLS DIRECTOR 5.00
Director
$0 $0 $0
ANDRE BRUMFIELD DIRECTOR 5.00
Director
$0 $0 $0
AILISA HERRERA DIRECTOR 5.00
Director
$0 $0 $0
JOSE MUNOZ DIRECTOR 5.00
Director
$0 $0 $0
KARL RILEY II DIRECTOR 5.00
Director
$0 $0 $0
TONY HERNANDEZ DIRECTOR 5.00
Director
$0 $0 $0
ABRAHAM LACY DIRECTOR 5.00
Director
$0 $0 $0
ROHIT MASTHIPUR DIRECTOR 5.00
Director
$0 $0 $0
WILLIAM TOWNS DIRECTOR 5.00
Director
$0 $0 $0
CYNTHIA LOVE DIRECTOR 5.00
Director
$0 $0 $0
ANTHONY SIMPKINS CHIEF EXECUTIVE OFFICER 20.00
Officer
$221,838 $16,723 $238,561
DONNA CLARKE CHIEF OPERATING OFFICER 20.00
Officer
$160,208 $7,454 $167,662
TOM SAKOS CHIEF FINANCIAL OFFICER 20.00
Officer
$161,108 $0 $161,108
BRYAN ESENBERG BUSINESS UNIT DIRECTOR 5.00
Officer
$122,710 $19,896 $142,606
JANICE CRAWFORD CHIEF CREDIT OFFICER 5.00
Officer
$88,727 $9,678 $98,405
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 $8,947,806 $6,697,614 $12,038,349 $2,250,192
2024 $6,116,966 $9,693,940 $11,996,103 $-3,576,974
2023 $8,080,435 $6,110,877 $13,311,643 $1,969,558
2022 $4,608,937 $5,397,720 $8,439,088 $-788,783
2021 $6,971,739 $3,684,274 $8,185,519 $3,287,465
2020 $2,706,503 $4,279,649 $6,462,295 $-1,573,146
2019 $3,216,846 $4,842,487 $6,872,059 $-1,625,641
2018 $4,315,191 $3,698,412 $3,376,920 $616,779
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