HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICE

EIN: 251209938 501(c)(3) Housing & Shelter

ERIE, PA

Total Revenue
$3,781,687
Total Expenses
$3,429,384
Total Assets
$14,182,664
Net Assets
$6,700,570
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
PA
Principal Officer
MATTHEW GOOD
Phone
8144533333
Tax Period
2022-07-01 to 2023-06-30

HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICE, founded in 1966, is a community nonprofit in the Housing & Shelter sector that reported $3.8M in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $3.4M left a modest 9% surplus.

Mission

HANDS IS THE LARGEST NON-PROFIT PROVIDER OF HIGH QUALITY AFFORDABLE HOUSING IN NORTHWESTERN PENNSYLVANIA AND CURRENTLY OVERSEES 1,092 APARTMENT HOMES IN OVER 43 HOUSING COMMUNITIES IN 5 COUNTIES. FOR OVER 50 YEARS, HANDS HAS SUCCESSFULLY DEVELOPED MORE THAN 1,033 UNITS OF AFFORDABLE RENTAL HOUSING IN 9 COUNTIES ACROSS PENNSYLVANIA. HANDS MULTIFAMILY DEVELOPMENTS ARE AMONG THE BEST DESIGNED AND CONSTRUCTED RENTAL COMMUNITIES IN PENNSYLVANIA. IN ADDITION, HANDS DEVELOPS AND BUILDS SINGLE FAMILY HOMES FOR MODERATE TO LOW INCOME FAMILIES WHO ARE OFTEN FIRST TIME HOME BUYERS. HANDS ALSO PROVIDES SUPPORT SERVICES TO OUR RESIDENT FAMILIES TO ENRICH THEIR EXPERIENCE AND ENSURE A SUCCESSFUL LONG TERM LIVING ARRANGEMENT.

Program Service Accomplishments

Program 1
Expenses: $3,078,175 Revenue: $3,507,055

HANDS IS THE LARGEST NON-PROFIT PROVIDER OF HIGH QUALITY AFFORDABLE HOUSING IN NORTHWESTERN PENNSYLVANIA AND CURRENTLY OVERSEES 1,092 APARTMENT HOMES IN OVER 43 HOUSING COMMUNITIES IN 5 COUNTIES. FOR...

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HANDS IS THE LARGEST NON-PROFIT PROVIDER OF HIGH QUALITY AFFORDABLE HOUSING IN NORTHWESTERN PENNSYLVANIA AND CURRENTLY OVERSEES 1,092 APARTMENT HOMES IN OVER 43 HOUSING COMMUNITIES IN 5 COUNTIES. FOR OVER 50 YEARS, HANDS HAS SUCCESSFULLY DEVELOPED MORE THAN 1,033 UNITS OF AFFORDABLE RENTAL HOUSING IN 9 COUNTIES ACROSS PENNSYLVANIA. HANDS MULTIFAMILY DEVELOPMENTS ARE AMONG THE BEST DESIGNED AND CONSTRUCTED RENTAL COMMUNITIES IN PENNSYLVANIA. IN ADDITION, HANDS DEVELOPS AND BUILDS SINGLE FAMILY HOMES FOR MODERATE TO LOW INCOME FAMILIES WHO ARE OFTEN FIRST TIME HOME BUYERS. HANDS ALSO PROVIDES SUPPORT SERVICES TO OUR RESIDENT FAMILIES TO ENRICH THEIR EXPERIENCE AND ENSURE A SUCCESSFUL LONG TERM LIVING ARRANGEMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $96,098
Program Service Revenue $1,411,598
Investment Income $155,426
Other Revenue $2,118,565
TOTAL REVENUE $3,781,687

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,194,365
Fundraising Expenses $0
Program Expenses $3,078,175
Other Expenses $1,235,019
TOTAL EXPENSES $3,429,384

Year-over-Year Comparison

2022 2021 Change
Revenue $3,781,687 $2,914,341 +0.3%
Expenses $3,429,384 $2,863,254 +0.2%
Net Income $352,303 $51,087 +5.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
51
Volunteers
14

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
$105,794
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM STEGER DIRECTOR 2.00
Director
$0 $0 $0
SHARON RICHARDSON CHAIR 2.00
Officer Director
$0 $0 $0
SISTER MARIANNE STUCKERT SECRETARY 2.00
Officer Director
$0 $0 $0
ANNETTE FRANKLIN DIRECTOR 2.00
Director
$0 $0 $0
MIKE JARUSZEWICZ DIRECTOR 2.00
Director
$0 $0 $0
CINDY STONE TREASURER 2.00
Officer Director
$0 $0 $0
JOE BLOOMSTINE DIRECTOR 2.00
Director
$0 $0 $0
MELISSA GRUCZA VICE CHAIR 2.00
Officer Director
$0 $0 $0
CINDY BROWN DIRECTOR 2.00
Director
$0 $0 $0
ALMITRA CLERKIN DIRECTOR 2.00
Director
$0 $0 $0
MICHELLE HARKINS DIRECTOR 2.00
Director
$0 $0 $0
JANE KIRK DIRECTOR 2.00
Director
$0 $0 $0
JOHN VILLA DIRECTOR 2.00
Director
$0 $0 $0
JOHN VANTASSEL DIRECTOR 2.00
Director
$0 $0 $0
MATTHEW GOOD PRESIDENT/CEO 60.00
Officer
$100,978 $4,816 $105,794
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 No data No data No data No data
2024 No data No data No data No data
2023 $3,781,687 $3,429,384 $14,182,664 $352,303
2022 $2,914,341 $2,863,254 $14,055,017 $51,087
2021 $2,837,679 $2,904,313 $14,050,825 $-66,634
2020 $3,195,449 $2,876,006 $13,677,109 $319,443
2019 $2,195,711 $2,310,952 $14,657,815 $-115,241
2018 $2,131,239 $2,201,276 $12,368,518 $-70,037
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