NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY INC

NEW YORK, NY, 10018-6403 (212) 519-2553 Est. 1982 EIN 13-3098397

L800— Housing & Shelter Form 990 501(c)(3)

WWW.NHSNYC.ORG

Mission

NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY (NHSNYC), THROUGH LENDING, FINANCIAL LITERACY, AND HOUSING COUNSELING SERVICES, EMPOWERS DISADVANTAGED LOW AND MODERATE-INCOME NEW YORKERS TO PURCHASE AND PRESERVE AFFORDABLE HOUSING OPPORTUNITIES.OUR ULTIMATE GOAL IS TO SUPPORT THE REALIZATION OF THE BEST QUALITY OF LIFE POSSIBLE FOR EACH NEW YORKER, STARTING WITH A STABLE HOME.

Financials

Total Revenue

$12,103,415

Total Expenses

$11,925,068

Net Assets

$6,417,847

21 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

6.5 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 18.7%

Expenses ↑ 23.0%

Revenue Sources

Contributions 89.6% Earned revenue 8.9% Investment 0.9% Other 1.0%

Expense Breakdown

Program 91.3% Management 7.0% Fundraising 1.7%

Officers & Key Employees (22)

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Grants Received (71)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$12,103,415 ↑	$11,925,068	$6,417,847
2023 Form 990	$10,193,207 ↓	$9,692,527	$6,239,500
2022 Form 990	$12,319,217 ↑	$11,066,613	$3,987,669
2021 Form 990	$4,808,509 ↑	$4,483,651	$2,735,065
2020 Form 990	$4,303,281 ↓	$5,017,134	$2,410,207
2018 Form 990	$11,714,748	$11,930,766	$2,395,626