Aberdeen, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Aberdeen Neighborhood Housing Services DBA NeighborWorks of Grays Harbor County, founded in 1981, is a small nonprofit in the Housing & Shelter sector that reported $934K in total revenue in fiscal year 2023. Expenses of $806K left a modest 14% surplus.
The mission of NeighborWorks of Grays Harbor County is to develop partnerships in the community between business, government and residents to create safe and affordable housing opportunities for all residents of Grays Harbor County.
For housing rehabilitation and homeownership opportunities, NeighborWorks maintains revolving loan funds as well as lending partnerships which, together, make a flexible Loan Program. Low, moderate...
For housing rehabilitation and homeownership opportunities, NeighborWorks maintains revolving loan funds as well as lending partnerships which, together, make a flexible Loan Program. Low, moderate and middle income (LMMI) applicants within Grays Harbor County are able to borrow money through the multiple revolving loan funds in the Loan Program for purchase and/or rehabilitating their homes, while maintaining affordable housing costs and manageable debt ratios. NeighborWorks made $723,468 in loans this fiscal year.With our Housing Counseling Program, NeighborWorks is capable of helping clients with difficult credit histories and high debt ratios by using an intensive individualized approach. This year NeighborWorks assisted 26 households with pre-purchase counseling and pre-qualification analysis as well as assisting clients with post-purchase repairs and budget/money management counseling. NeighborWorks is dedicated to promoting homebuyer education through eHome America. This online education meets National Industry Standards for Homeownership Education and is offered statewide through collaboration with Community Frameworks and HomeSight.Providing safe, sanitary and affordable rental housing opportunities, NeighborWorks owns and manages 33 rental houses and duplexes, of which 16 units are Section 8 project-based subsidized units. Two (2) units are leased to another nonprofit agency who uses it as a shelter for homeless or transitional families with children; and 15 units are rented at market rate with Section 8 vouchers accepted. Additionally, NeighborWorks acts as Management Agent for a HUD 811 project which provides homes to eight (8) developmentally disabled tenants.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $934,180 | $955,794 | 0.0% |
| Expenses | $806,188 | $913,979 | -0.1% |
| Net Income | $127,992 | $41,815 | +2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Donna McCallum | Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bill Sidor | President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Terri Degner | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Sand | BOD | 0.00 |
Director
|
$0 | $0 | $0 |
| Lisa Scott | BOD | 0.00 |
Director
|
$0 | $0 | $0 |
| Dustin Bruland | BOD | 0.00 |
Director
|
$0 | $0 | $0 |
| Alan Gozart | 1st Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ty Palmer | 2nd Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| M Diane Peters | BOD | 0.00 |
Director
|
$0 | $0 | $0 |
| Darrin Raines | BOD | 0.00 |
Director
|
$0 | $0 | $0 |
| Kimberly Stoll-French | BOD | 0.00 |
Director
|
$0 | $0 | $0 |
| Jeanie Largen | Finance Director | 40.00 |
Officer
|
$64,108 | $9,080 | $73,188 |
| Eric Bjella | Executive Director | 40.00 |
Officer
|
$84,000 | $21,819 | $105,819 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $934,180 | $806,188 | $8,451,483 | $127,992 |
| 2023 | $955,794 | $913,979 | $8,446,555 | $41,815 |
| 2022 | $774,909 | $845,164 | $8,432,356 | $-70,255 |
| 2021 | $1,100,492 | $852,232 | $8,401,900 | $248,260 |
| 2020 | $955,117 | $836,855 | $8,024,437 | $118,262 |
| 2019 | $962,929 | $827,895 | $7,902,444 | $135,034 |
Compare Aberdeen Neighborhood Housing Services DBA NeighborWorks of Grays Harbor County with other nonprofits in Washington and across the country.