Northwest Queens Housing Corporation
Nonprofit profile at a glance
- EIN
- 133124192
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Astoria, NY, USA
- Phone
- 2128408005
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $131,685
- Expenses
- $131,688
- Assets
- $78,912
- Liabilities
- $91,178
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- NICHOLAS TJARTJALIS (VICE PRESIDENT)
- STACY BLIAGOS (EXECUTIVE DIRECTOR)
- TAMMY BERENTSON (INTERIM CHAIRMAN/PRESIDENT)
People named in this filing
- ANASTASIA ZORLAKKI (BOARD MEMBER)
- CONSTANTINA S PAPAGEORGIOU (BOARD MEMBER)
- DENNIS YUELYS (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization was incorporated to develop green affordable housing with services and to preserve existing affordable housing; to insure access to benefit programs and services in support of maintain rent affordability. Home ownership and tenant/landlord relations for low-income families; to carry out studies and planning for the purpose of improving housing conditions for low-income families; and to work with community groups and government entities to improve the housing conditions in the northwest queens county.
What it reported doing in 2024
Nwqh is a comprehensive housing assistance program that provides information and referral services to approx 500 clients annually about nyc housing subsidy programs, landlord/tenant problems, heat and repair services and to help develop affordable housing.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 82
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.9%; rating input score 83
- Program expense ratio: 82.9%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 1.16; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 82.9% of revenue deployed · 82.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $109K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 33/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.