NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE INC

EIN: 521007666 501(c)(3) Community Improvement

BALTIMORE, MD

Total Revenue
$6,961,120
Total Expenses
$6,450,535
Total Assets
$47,128,684
Net Assets
$26,090,546
🔒

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
1974
Legal Domicile
MD
Principal Officer
DANIEL ELLIS
Phone
4103271200
Tax Period
2023-09-01 to 2024-08-31

NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE INC, founded in 1974, is a community nonprofit in the Community Improvement sector that reported $7.0M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $6.5M left a modest 7% surplus.

Mission

NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE (NHS) STIMULATES, PROTECTS AND PRESERVES HOMEOWNERSHIP AND FINANCIAL WELL-BEING TO STRENGTHEN COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $2,222,444 Revenue: $1,102,015

WITHIN THE LENDING DEPARTMENT, NHS BALTIMORE OFFERS A VARIETY OF LOANS FOR DOWN PAYMENT AND CLOSING COST ASSISTANCE, OWNER OCCUPIED REHAB AND SMALL DOLLAR CONSUMER LOANS. REHAB LENDING IS A HOME...

Read more

WITHIN THE LENDING DEPARTMENT, NHS BALTIMORE OFFERS A VARIETY OF LOANS FOR DOWN PAYMENT AND CLOSING COST ASSISTANCE, OWNER OCCUPIED REHAB AND SMALL DOLLAR CONSUMER LOANS. REHAB LENDING IS A HOME IMPROVEMENT LOAN TO ASSIST WITH STRUCTURAL REPAIR AND PARTICIPANTS CAN RECEIVE A LOAN OF UP TO $30,000 DEPENDING ON THE LEVEL OF WORK NEEDED FOR THE HOME. AN NHS STAFF PERSON ASSISTS IN BIDDING AND OVERSEEING CONSTRUCTION. QUICK FIX SMALL REHAB LOANS ARE FOR SMALLER JOBS AND PARTICIPANTS CAN RECEIVE LOANS UP TO $5,000. SMALL DOLLAR FOR REHAB CONSUMER LOANS AND SMALL DOLLAR CONSUMER LOANS ARE AVAILABLE FOR ALMOST ANYTHING TO ASSIST IN TIMES OF NEED. TAX SALE LOANS ARE FOR BORROWERS IN DANGER OF LOSING THEIR HOMES TO TAX SALE IN BALTIMORE CITY FOR SMALL AMOUNTS OF MONEY.

Program 2
Expenses: $1,254,846

NHS FOCUSES ON THE GREATER MONDAWMIN AND COPPIN HEIGHTS COMMUNITIES OF WEST BALTIMORE SECURING AND DEPLOYING RESOURCES TO IMPROVE THE COMMUNITY.

Program 3
Expenses: $1,678,688 Revenue: $8,437

NHS BALTIMORE HAS A VARIETY OF EDUCATIONAL AND COUNSELING PROGRAMS. THE HOMEOWNERSHIP COUNSELING PROGRAM IS A HUD APPROVED PROGRAM FOR FIRST TIME HOMEBUYERS LOOKING TO OBTAIN A CERTIFICATE THROUGH...

Read more

NHS BALTIMORE HAS A VARIETY OF EDUCATIONAL AND COUNSELING PROGRAMS. THE HOMEOWNERSHIP COUNSELING PROGRAM IS A HUD APPROVED PROGRAM FOR FIRST TIME HOMEBUYERS LOOKING TO OBTAIN A CERTIFICATE THROUGH ATTENDING AN 8 HOURS HOMEBUYER WORKSHOP AND INDIVIDUAL COUNSELING. THE FAST TRACK FINANCIAL COACHING PROGRAM IS GEARED TO HELP INDIVIDUALS AND FAMILIES DEVELOP SOUND FINANCIAL MANAGEMENT SKILLS IN THEIR QUEST TO BUY A HOME. THE FINANCIAL FITNESS PROGRAM TEACHES INDIVIDUALS HOW TO MANAGE INCOME, CREATE A BUDGET, SAVE, AND APPLY FOR AND USE CREDIT TO YOUR ADVANTAGE. THE EXPEDITED COUNSELING PROGRAM GIVES INDIVIDUALS ACCESS TO EXPEDITED COUNSELING SERVICES MORE QUICKLY FOR A FEE.

🔒

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 $7,392,482
Program Service Revenue $1,456,336
Investment Income $-1,903,775
Other Revenue $16,077
TOTAL REVENUE $6,961,120

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,042,162
Fundraising Expenses $195,154
Program Expenses $5,155,978
Other Expenses $3,408,373
TOTAL EXPENSES $6,450,535

Year-over-Year Comparison

2023 2022 Change
Revenue $6,961,120 $6,039,902 +0.2%
Expenses $6,450,535 $5,477,198 +0.2%
Net Income $510,585 $562,704 -0.1%
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
15
Independent Members
14
Employees
43
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
6
$317,490
Total Directors
15
$175,064
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL T ELLIS EXECUTIVE DIRECTOR 40.00
Officer Director
$165,498 $9,566 $175,064
DARIEN NOLIN CHAIR 1.00
Officer Director
$0 $0 $0
ALFONSO PEARSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
BREE JONES TREASURER 1.00
Officer Director
$0 $0 $0
NEEKTA KHORSAND SECRETARY 1.00
Officer Director
$0 $0 $0
SHEENA HAM DIRECTOR 1.00
Director
$0 $0 $0
JACKIE CALDWELL DIRECTOR 1.00
Director
$0 $0 $0
HARRY T SPIKES II DIRECTOR 1.00
Director
$0 $0 $0
MELISSA ARCHER DIRECTOR 1.00
Director
$0 $0 $0
APRIL LEWIS DIRECTOR 1.00
Director
$0 $0 $0
JESSA WAIS DIRECTOR 1.00
Director
$0 $0 $0
BARBARA EUCEBIO DIRECTOR 1.00
Director
$0 $0 $0
RAMSEY HARRIS DIRECTOR 1.00
Director
$0 $0 $0
CORTENAY DESABAYE DIRECTOR 1.00
Director
$0 $0 $0
AGATHA SO DIRECTOR 1.00
Director
$0 $0 $0
JOHNETTE RICHARDSON COO 40.00
Officer
$135,856 $6,570 $142,426
CATHY SEMANS SNIOR DIR OF OPERATIONS 40.00
Highest
$105,248 $3,000 $108,248
ANN SHERRILL SNIOR DIR OF RESOURCE DEVELOPMENT 40.00
Highest
$103,603 $3,000 $106,603
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 $6,961,120 $6,450,535 $47,128,684 $510,585
2023 $6,039,902 $5,477,198 $37,674,726 $562,704
2022 $8,112,778 $4,483,210 $36,926,238 $3,629,568
2021 $5,559,716 $3,172,427 $24,650,096 $2,387,289
2020 $9,483,874 $8,032,216 $22,404,402 $1,451,658
2019 $4,718,757 $3,852,621 $23,867,211 $866,136
2018 $5,682,973 $4,389,982 $17,161,582 $1,292,991
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE INC with other nonprofits in Maryland and across the country.