Neighborhood Housing Services Of Rochester Inc
Neighborhood Housing Services Of Rochester Inc maintains stable finances with consistent revenue surpluses and zero reported officer compensation.
EIN: 132976987 · Rochester, NY · NTEE: L25Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $7.4M |
| Transparency Score | 80/100 |
Is Neighborhood Housing Services Of Rochester Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neighborhood Housing Services Of Rochester Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neighborhood Housing Services Of Rochester Inc
Neighborhood Housing Services Of Rochester Inc (EIN: 132976987) is a nonprofit organization based in Rochester, NY, classified under NTEE code L25Z. The organization reported total revenue of $1.8M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Housing Services Of Rochester Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Housing Services Of Rochester Inc is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$215K |
| Total Assets | $8.8M |
| Total Liabilities | $1.5M |
| Net Assets | $7.4M |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 16.5% |
| Months of Reserves | 52.6 months |
Financial Health Grade: A
In 2023, Neighborhood Housing Services Of Rochester Inc reported a surplus of $215K with revenue exceeding expenses, holds 52.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Neighborhood Housing Services Of Rochester Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.8% | -19.3% | -3.9% |
| 2022 | +9.5% | +2.6% | +2.9% |
| 2021 | +71.2% | +28.0% | +9.7% |
| 2020 | -23.5% | -17.3% | -7.9% |
| 2019 | -23.4% | -6.6% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Neighborhood Housing Services Of Rochester Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Neighborhood Housing Services Of Rochester Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $215K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.5%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with annual expenses exceeding $2 million, suggesting either a fully volunteer executive leadership or that compensation is reported under different categories, which warrants further clarification.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Neighborhood Housing Services Of Rochester Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could obscure actual leadership costs.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes a precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Neighborhood Housing Services Of Rochester Inc:
- Consistent financial stability with revenues generally exceeding expenses, leading to asset growth (e.g., $2,223,840 revenue vs. $2,008,593 expenses in 2023).
- Steady growth in assets, from $7,654,954 in 2014 to $8,806,599 in 2023, indicating strong financial management.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to regulatory compliance and transparency.
- Mission-aligned NTEE code (L25Z - Housing Development, Construction & Management) suggests a focused approach to its charitable purpose.
Frequently Asked Questions about Neighborhood Housing Services Of Rochester Inc
Is Neighborhood Housing Services Of Rochester Inc a legitimate charity?
Neighborhood Housing Services Of Rochester Inc (EIN: 132976987) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Neighborhood Housing Services Of Rochester Inc spend its money?
Neighborhood Housing Services Of Rochester Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Neighborhood Housing Services Of Rochester Inc tax-deductible?
Neighborhood Housing Services Of Rochester Inc is registered as a tax-exempt nonprofit (EIN: 132976987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Neighborhood Housing Services Of Rochester Inc CEO make?
Neighborhood Housing Services Of Rochester Inc's highest-compensated officer earns $2 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Neighborhood Housing Services Of Rochester Inc's spending goes to programs?
Neighborhood Housing Services Of Rochester Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Neighborhood Housing Services Of Rochester Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Neighborhood Housing Services Of Rochester Inc is above average for NTEE category L25Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Neighborhood Housing Services Of Rochester Inc located?
Neighborhood Housing Services Of Rochester Inc is headquartered in Rochester, New York and files with the IRS under EIN 132976987. It is classified under NTEE code L25Z.
How many years of IRS 990 filings does Neighborhood Housing Services Of Rochester Inc have?
Neighborhood Housing Services Of Rochester Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Is Neighborhood Housing Services Of Rochester Inc a good charity?
Based on its consistent financial stability, growth in assets, and apparent commitment to its mission as indicated by its NTEE code, it appears to be a well-managed organization. However, the lack of detailed expense breakdown and the 0% officer compensation require further investigation for a complete assessment.
How does Neighborhood Housing Services Of Rochester Inc fund its operations?
The organization consistently generates revenue exceeding expenses, for example, $2,223,840 in revenue against $2,008,593 in expenses in 2023. This suggests a mix of grants, contributions, and potentially program service fees, though specific sources are not detailed in the provided data.
What is the trend in the organization's financial health?
The organization shows a positive trend in financial health, with assets growing from $7,654,954 in 2014 to $8,806,599 in 2023, and revenues generally exceeding expenses, indicating sustainable operations.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size and could indicate that executive leadership is entirely volunteer-based, or that compensation is reported under other expense categories, which would require reviewing the full Form 990 for clarification.
Filing History
IRS 990 filing history for Neighborhood Housing Services Of Rochester Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Neighborhood Housing Services Of Rochester Inc's revenue has declined by 7.5%, moving from $2.4M to $2.2M. Total assets increased by 52.5% over the same period, from $5.8M to $8.8M. Total functional expenses rose by 24.8%, from $1.6M to $2.0M. In its most recent filing year (2023), Neighborhood Housing Services Of Rochester Inc reported a surplus of $215K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $8.8M in assets (debt-to-asset ratio: 16.5%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.0M | $8.8M | $1.5M | — | View 990 |
| 2022 | $3.3M | $2.5M | $9.2M | $1.8M | — | View 990 |
| 2021 | $3.0M | $2.4M | $8.9M | $2.3M | — | View 990 |
| 2020 | $1.8M | $1.9M | $8.1M | $2.1M | — | View 990 |
| 2019 | $2.3M | $2.3M | $8.8M | $3.0M | — | View 990 |
| 2018 | $3.0M | $2.5M | $8.6M | $2.8M | — | View 990 |
| 2017 | $2.5M | $2.3M | $9.1M | $3.8M | — | — |
| 2016 | $2.2M | $2.0M | $7.9M | $2.8M | — | View 990 |
| 2015 | $2.6M | $2.5M | $8.0M | $3.1M | — | View 990 |
| 2014 | $2.4M | $2.3M | $7.7M | $2.8M | — | View 990 |
| 2013 | $2.7M | $2.2M | $7.0M | $2.2M | — | View 990 |
| 2012 | $1.9M | $1.8M | $6.1M | $1.8M | — | View 990 |
| 2011 | $2.4M | $1.6M | $5.8M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.0M, and assets of $8.8M (revenue -32.8% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.5M, and assets of $9.2M (revenue +9.5% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.4M, and assets of $8.9M (revenue +71.2% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.9M, and assets of $8.1M (revenue -23.5% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.3M, and assets of $8.8M (revenue -23.4% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.5M, and assets of $8.6M (revenue +22.7% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.3M, and assets of $9.1M (revenue +12.6% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.0M, and assets of $7.9M (revenue -14.7% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.5M, and assets of $8.0M (revenue +5.3% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.3M, and assets of $7.7M (revenue -9.2% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.2M, and assets of $7.0M (revenue +41.9% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $6.1M (revenue -21.8% year-over-year).
- 2011: Revenue of $2.4M, expenses of $1.6M, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Housing Services Of Rochester Inc:
Data Sources and Methodology
This transparency report for Neighborhood Housing Services Of Rochester Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.