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

Official website

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.