Blackrock-Riverside Neighborhood Housing Services
Nonprofit profile at a glance
- EIN
- 161163460
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Buffalo, NY, USA
- Phone
- 7168773910
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $119,062
- Expenses
- $166,047
- Assets
- $327,790
- Liabilities
- $90,876
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Clarence Simmons (CEO)
Highest reported compensation
- Clarence Simmons (CEO): $182,000 total reported compensation
- Adriana Eastlack Director of (Finance (Through 5/24)): $54,154 total reported compensation
- Kevin Sutherland Director of (Finance (Beginning 10/24)): $24,039 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To carry consumers through the process of buying/owning a home with programs and services including financial capability and homebuyer education, closing cost assistance, post-purchase education, home improvement loans and foreclosure prevention counseling.
What it reported doing in 2024
Residential Rehab - This home improvement program may provide rehabilitation grants to customers who meet income eligibility requirements. Staff acts as a liaison between the customer and the contractor; assisting with the outline of home improvement needs, selecting a contractor, and monitoring progress throughout the project. This program is also supported by $131,540 of contributions and government grants.
Operating model
- Revenue model
- Grant-funded. 99% 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.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 65
- Accountability: 95
- Sustainability: 27
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.6%; rating input score 90
- Program expense ratio: 71%; rating input score 71
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -39.5%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 1.97; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: -14.5% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -14.7% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -6.1% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 89.6% of revenue deployed · 71% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $118K in reported program spending
- Leadership: top reported pay $182K · 10 people listed · 0 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Related organizations: 11 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 7/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.