Neighborhood Properties Inc
Nonprofit profile at a glance
- EIN
- 341577103
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Toledo, OH, USA
- Phone
- 4194732604
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Residential Mental Health Treatment
Reported finances
- Revenue
- $8,533,883
- Expenses
- $8,404,263
- Assets
- $18,699,868
- Liabilities
- $8,482,590
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- TOM BARTLETT (PRESIDENT - LEFT 4/2025)
- DOUG WRIGHT (PRESIDENT)
- LYNNETTE HAIR (EXECUTIVE DIRECTOR)
- JESSICA SPANN (VICE PRESIDENT OF RECOVERY SERVICES - 12/24)
- JIM GUENTHER (VICE PRESIDENT OF DEVELOPMENT AND REAL ESTATE)
Highest reported compensation
- JIM GUENTHER (VICE PRESIDENT OF DEVELOPMENT AND REAL ESTATE): $151,588 total reported compensation
- LYNNETTE HAIR (EXECUTIVE DIRECTOR): $139,747 total reported compensation
- JESSICA SPANN (VICE PRESIDENT OF RECOVERY SERVICES - 12/24): $115,782 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 develop and manage a continuum of stable and supportive housing for persons with serious mental illness and co-occuring disorders
What it reported doing in 2024
To provide the administrative services to the adult care facility program in lucas county. Independent adult care facilities provide supportive housing for around 100 persons with mental illness and related disorders.
Operating model
- Revenue model
- Grant-funded. 76% 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
STRONG - 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: 79
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.8%; rating input score 88
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: Limited
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: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.5%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 2.23; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 4.8%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 18th percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 0.6% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 87.8% of revenue deployed · 89.1% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $7.5M in reported program spending
- Leadership: top reported pay $152K · 16 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $142K reported
- Consistency: 34 of 34 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 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.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.