West Side Neighborhood Housing Services Inc
Nonprofit profile at a glance
- EIN
- 161167946
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Buffalo, NY, USA
- Phone
- 7168852344
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Rehabilitation
Reported finances
- Revenue
- $1,713,174
- Expenses
- $1,610,130
- Assets
- $6,108,544
- Liabilities
- $967,784
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
Home Ownership Services - The Organization provides pre- and post-purchase education for potential homebuyers. One-on-one credit and budget counseling are provided to assist in the journey to homeownership. This program also includes a foreclosure prevention counseling program which provides services to residents of Erie and Niagara counties. This service is funded through the New York State Attorney General Homeowner Protection Program and includes: early intervention, one-on-one counseling, conferring with lenders on client's behalf, financial capability coaching, referrals to a HOPE line and other supporting resources.This program is also supported by $223,646 of government grants.
Operating model
- Revenue model
- Grant-funded. 83% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 63% of its reported program spending out as grants.
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: 75
- Transparency & Controls: 71
- Accountability: 95
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.2%; rating input score 82
- Program expense ratio: 87.8%; rating input score 88
- 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: 100%; rating input score 100; 76th 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; 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: 6%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 3.79; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 0.2%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: 13.9% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 10% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 82.2% of revenue deployed · 87.8% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $1.4M in reported program spending
- Leadership: top reported pay $182K · 10 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $139K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, 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.
- Review — Sustainability: Operating margin scored 53/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.