NEIGHBORHOOD HOUSING SERVICES OF LOS ANGELES COUNTY

EIN: 953938955 501(c)(3) Housing & Shelter

LOS ANGELES, CA

Total Revenue
$3,180,330
Total Expenses
$860,238
Total Assets
$6,917,155
Net Assets
$2,504,964
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CA
Principal Officer
LORI GAY
Phone
2133812862
Tax Period
2023-07-01 to 2024-06-30

NEIGHBORHOOD HOUSING SERVICES OF LOS ANGELES COUNTY, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 73% operating margin.

Mission

NEIGHBORHOOD HOUSING SERVICES OF LOS ANGELES COUNTY (NHS) MISSION IS TO SERVE AS A CATALYST FOR RESIDENTS, BUSINESS, AND GOVERNMENT REPRESENTATIVES TO WORK TOGETHER TO BUILD STRONGER NEIGHBORHOODS, IMPROVE THE QUALITY OF LIFE FOR LOW-TO-MODERATE INCOME FAMILIES AND TO REVITALIZE COMMUNITIES INTO NEIGHBORHOODS OF CHOICE. NHS STRENGTHENS COMMUNITIES BY DEVELOPING AND MAINTAIN QUALITY AFFORDABLE HOUSING, CREATING AND PRESERVING AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES, SUPPORTING LOCAL LEADERS, PROVIDING FINANCIAL EDUCATION, AND INCREASING THE FINANCIAL INDEPENDENCE OF FAMILIES AND PEOPLE IN NEED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,633,105
Program Service Revenue $0
Investment Income $481,463
Other Revenue $65,762
TOTAL REVENUE $3,180,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $810,214
Fundraising Expenses $69,234
Program Expenses $761,540
Other Expenses $50,024
TOTAL EXPENSES $860,238

Year-over-Year Comparison

2023 2022 Change
Revenue $3,180,330 $2,348,264 +0.4%
Expenses $860,238 $1,558,534 -0.4%
Net Income $2,320,092 $789,730 +1.9%
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

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Governance

Voting Members
5
Independent Members
5
Employees
48
Volunteers
6

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
$612,946
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLORIA TANG SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
RIGOBERTO REYES BOARD MEMBER 1.00
Director
$0 $0 $0
RON TURNER VICE CHAIRPERSON (AS OF 02/01/24) 1.00
Officer Director
$0 $0 $0
SAL MENDOZA OUTGOING CHAIRMAN 1.00
Officer Director
$0 $0 $0
STEVE HERMAN CHAIRMAN (AS OF 2/1/24) 1.00
Officer Director
$0 $0 $0
ZEEDA DANIELE BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES PRICE CONTROLLER & CFO 16.00
Officer
$136,796 $24,703 $161,499
LORI GAY PRESIDENT & CEO 14.00
Officer
$414,941 $36,506 $451,447
CONSTANCE ANDERSON SENIOR VP & CHIEF DEVELOPMENT OFFICER 12.00
Highest
$151,196 $10,353 $161,549
JUANITA JIMENEZ OPERATIONS MANAGER 16.00
Highest
$124,326 $11,850 $136,176
KIMBERLEY WOODS AVP & SENIOR PROGRAM DIREC 14.00
Highest
$131,603 $10,971 $142,574
RHONDA MCMILLAN VP & CCAO 8.00
Highest
$161,815 $10,092 $171,907
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 $3,180,330 $860,238 $6,917,155 $2,320,092
2023 $2,348,264 $1,558,534 $4,429,875 $789,730
2022 $3,238,235 $2,113,918 $4,817,869 $1,124,317
2021 $3,163,415 $1,645,595 $6,122,611 $1,517,820
2020 $2,369,467 $1,884,547 $7,106,423 $484,920
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