Neighbors Helping Neighbors Inc

Overview

Mission

Nhn promotes racial justice while empowering low and moderate-income new yorkers to fight for, secure and maintain quality housing and build financial assets. Nhn is a hud-certfied counseling agency based in brooklyn, New York.

What it reported doing in 2024

Home ownership and foreclosure prevention services: foreclosure prevention counseling helps homeowners facing mortgage delinquency or default understand their options and the foreclosure process; develop a budget; assess their finances and determine if they can keep their homes; pursue favorable refinancing opportunities or apply for loan modifications; identify signs of predatory lending and, in cases of fraud or abuse, obtain legal assistance; access property tax reductions for (low-income, disabled or elderly individuals) and rescue funds; and make informed decisions that maximize their financial stability and preserve their assets. Barrio solar reduces barriers to solar for low- and moderate-income homeowners. Along with partners, nhn outreaches to low- and moderate- income nyc residents, and leads information sessions to educate prospective participants about the benefits of solar. Interested homeowners receive an assessment of their property to determine solar feasibility. If a home is determined to be solar ready, we guide the homeowner through installation. The upfront cost is significantly reduced through tax incentives, forgivable loans provided by the program, and/or bulk purchasing of panels from installers.

Operating model

Revenue model
Grant-funded. 67% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
113059958
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Headquarters
Brooklyn, NY, USA
Phone
7182372017
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Support

Official website

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 65
  • Accountability: 76
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.6%; rating input score 72
  • Program expense ratio: 80.1%; rating input score 80
  • Fundraising efficiency: $20.44 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 20th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.6%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 16.1% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 15.6% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 19.2% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 71.6% of revenue deployed · 80.1% of spending went to programs
  • Governance: 6 of 7 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $290K · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 5 annual filings from 2019 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 46 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

7 people listed

Highest reported compensation

  • MICHELLE DE LA UZ (EXECUTIVE DI): $290,232 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.