Neighborhood Housing Services of Chicago Inc
Neighborhood Housing Services of Chicago Inc
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About this organization
Mission
NHS' mission is to create opportunities for people to live in affordable homes, improve their lives, and strengthen their neighborhoods. We do this by: educating and preparing new homeowners for success; lending to help people buy, fix, and keep their homes; sustaining homeownership through foreclosure prevention services; preserving, rehabbing, and investing in housing; and building powerful and enduring community partnerships.
About
Neighborhood Housing Services of Chicago, Inc. (NHS) offers its products and services citywide in Chicago, with neighborhood-based offices in Auburn Gresham and Englewood; Chicago Lawn and Gage Park; North Lawndale; Roseland; and West Humboldt Park. NHS also operates three place-based partnerships focused on special programs. Approximately 80 percent of NHS' clients are low- to moderate-income. NHS served over 4,900 households. NHS' counseling and education services provided classroom education to over 1,500 potential homebuyers and in person pre-purchase counseling to over 1,100 potential homebuyers. These programs were offered to potential homebuyers through NHS free 8-hour homebuyer curriculum (offered both in English and Spanish weekly) and online via eHome America; providing individual counseling and intervention services over 969 homeowners at risk of foreclosure.
Interesting data from their 2020 990 filing
The filing specifies the mission of the non-profit as “Nhs' mission is to create opportunities for people to live in affordable homes, improve their lives, and strengthen their neighborhoods. nhs deploys a suite of products, services, and strategies to fulfill its mission, primarily including:(i) educating and preparing new homeowners for success, and sustaining homeownership through foreclosure intervention services, financial coaching, and educational workshops.(ii) connecting residents to available resources, such as home purchase and improvement loans, and public grant opportunities, to encourage the preservation, repair, and improvement of the supply of residential housing.(iii) developing and supporting resident leaders in targeted geographies.(iv) building powerful and enduring community partnerships with and between community residents, government, financial institutions and private sector partners, and other community-based partners.”.
When explaining its duties, they were described as: “Nhs is a housing and community development organization that transforms neighborhoods through community building, counseling, education, policy, and - in partnership with its related entities - real estate development and lending. nhs' work is rooted in and informed by the needs of its targeted low- and moderate-income communities.”.
- The state in which the non-profit is authorized to operate legally is IL.
- According to the filing, the address of the non-profit for the year 2020 is 1279 N MILWAUKEE AVE, CHICAGO, IL, 60622.
- The non-profit has reported 105 employees on their form for the year 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,625,641.
- The organization has 11 independent voting members.
- The organization was formed in 1975.
- The organization pays $4,017,754 in salary, compensation, and benefits to its employees.
- The organization pays $613,747 in fundraising expenses.
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