Neighborhood Housing Services of New York City

Nonprofit profile at a glance

EIN
133098397
IRS 990 coverage
2012–2025
Forms available
Form 990 2025
Location
New York City, NY, USA
Phone
2125192553
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Support

Official website

Reported finances

Revenue
$12,713,868
Expenses
$11,930,341
Assets
$20,376,293
Liabilities
$13,174,919

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • MOSES GATES (VICE PRESIDENT)
  • DAVID BAGATELLE (PRESIDENT)
  • TONYA ORES (CEO)

Highest reported compensation

  • TONYA ORES (CEO): $254,024 total reported compensation
  • R GARY CAMPBELL (DIR. FINANCE & ADMIN): $149,611 total reported compensation
  • LUCY RAIMES (DIR. OF STRATEGIC PARTNERSHIPS & RESOURCE DEVELOP): $148,387 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

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.

What it reported doing in 2025

Property management: nhsnyc real estate collective empowers property owners with the knowledge, tools, and support they need to manage their properties effectively and equitably. Those owners that own a single-family home, mixed-use building, storefront or commercial space, or a small multi-family property of up to eight units can benefit from this initiative. Nhsnyc operates the educational and membership support components and provides technical assistance for full-service property management to partners in its network.

Operating model

Revenue model
Grant-funded. 66% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 77% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 80
  • Accountability: 100
  • Sustainability: 44
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.7%; rating input score 82
  • Program expense ratio: 86.9%; rating input score 87
  • Fundraising efficiency: $29.81 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 97.7%; rating input score 98; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.2%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 1.71; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 5.7%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 26th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 15th percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 81.7% of revenue deployed · 86.9% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $10.4M in reported program spending
  • Leadership: top reported pay $254K · 21 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 52/100.