2024-12-13T15:20:48-06:00 2024-03-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-04-01 237443009 NEIGHBORHOOD HOUSING SERVICES OF CHICAGO INC NEIG 7738950750 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 TOM SAKOS CHIEF FINANCIAL OFFICER 7738950750 2024-12-12 1 0 KIMBERLY A HAUMANN P00546491 3122071040 2024-12-09 2023 2024-10-15 13:58:12Z TOM SAKOS 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 6236915 0 X WWW.NHSCHICAGO.ORG X 1975 IL 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. 14 14 96 275 0 0 5994794 1749396 1882487 3958543 24 314851 203130 94176 8080435 6116966 0 3200182 0 0 3926296 3855687 110040 132013 833647 2074541 2506058 6110877 9693940 1969558 -3576974 13311643 11996103 13199903 15461337 111740 -3465234 X 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. 0 0 5790153 3200182 4102810 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. NHS' EXECUTIVE MANAGEMENT TEAM AND THE INNOVATION, EVALUATION AND PUBLIC POLICY DEPARTMENT WORKS ACROSS NHS' BUSINESS LINES TO CRAFT NEW SOLUTIONS TO THE EVER-CHANGING ISSUES FACING UNDERINVESTED NEIGHBORHOODS AND LOW AND MODERATE INCOME COMMUNITIES IN THE CHICAGO REGION. NHS PARTNERS AND STAFF ARE PIONEERING EFFORTS TO RESPOND TO NEIGHBORHOOD AND REGIONAL ISSUES AND TO ANTICIPATE FUTURE NEEDS FOR NHS' TARGET NEIGHBORHOODS AND CUSTOMERS. NHS CONVERTS THE KNOWLEDGE AND EXPERIENCE GAINED THROUGH ITS DAILY WORK IN THE NEIGHBORHOODS TO NEW PROGRAMS AND PUBLIC POLICY INITIATIVES THAT CAN DIRECTLY BENEFIT THOSE COMMUNITIES AND THE CHICAGO REGION. 5790153 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 79 0 1 96 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X TOM SAKOS 7738950750 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 BRUCE MARTIN CHAIRPERSON 4.00 1.00 X X 0 0 0 JERRY LUMPKINS VICE CHAIR 5.00 0.00 X X 0 0 0 ANDRE BRUMFIELD DIRECTOR 5.00 0.00 X 0 0 0 ABRAHAM LACY DIRECTOR 5.00 0.00 X 0 0 0 ANGELA HURLOCK DIRECTOR 5.00 0.00 X 0 0 0 ALISA HERRERA DIRECTOR 5.00 0.00 X 0 0 0 CYNTHIA LOVE DIRECTOR 5.00 0.00 X 0 0 0 WILLIAM TOWNS DIRECTOR 5.00 0.00 X 0 0 0 BROOKE CULLEN DIRECTOR 5.00 0.00 X 0 0 0 TONY HERNANDEZ DIRECTOR 5.00 0.00 X 0 0 0 ROHIT MASTHIPUR DIRECTOR 5.00 0.00 X 0 0 0 RONALD JOHNSON DIRECTOR 5.00 0.00 X 0 0 0 JOSE M MUNOZ DIRECTOR 5.00 0.00 X 0 0 0 KARL RILEY DIRECTOR 5.00 0.00 X 0 0 0 DONNA CLARKE CHIEF OPERATING OFFICER 20.00 15.00 X 157009 0 9264 ROBIN COFFEY CHIEF CREDIT OFFICER 5.00 30.00 X 107372 0 19020 BRYAN ESENBERG BUSINESS UNIT DIRECTOR 5.00 30.00 X 62008 0 10243 ANTHONY SIMPKINS CHIEF EXECUTIVE OFFICER 20.00 15.00 X 216227 0 21206 TOM SAKOS CHIEF FINANCIAL OFFICER 20.00 15.00 X 32615 0 0 575231 0 59733 3 0 1 0 IQ TECHNOLOGIES 8130 W 111TH STREET PALOS HILLS IL 60465 IT SERVICES 434478 IFG 200 N LA SALLE STREET CHICAGO IL 60601 INSURANCE 232724 PLANTE MORAN 10 S RIVERSIDE PLAZA CHICAGO IL 60606 TAX SERVICES 216683 MARY CARLSON 5724 N WESTERN AVENUE CHICAGO IL 60659 CONSULTANT 132879 4 270233 1479163 1749396 CONTRACTUAL SERVICES 531390 3958543 3958543 3958543 314851 314851 69858 270233 119949 -50091 -50091 MISCELLANEOUS REVENUE 531390 144267 144267 144267 6116966 4102810 0 264760 3200182 3200182 558004 106803 366708 84493 2631727 1502126 957653 171948 476385 312593 138860 24932 189571 87907 86189 15475 584724 550864 33860 132013 132013 333365 333365 601487 601487 663894 419746 206587 37561 18175 18175 70775 70775 202693 202693 CONTRACT STUFF 549330 549330 EXPENSE REIMBURSED BY A -900000 -900000 381615 142621 238994 9693940 5790153 3070140 833647 4933840 2197240 60302 3227660 742477 1465187 66355 86163 740850 506418 179330 234432 7329339 4785421 13311643 11996103 496892 661920 1241224 2893572 750000 750000 10711787 11155845 13199903 15461337 X -3904303 -3843294 4016043 378060 111740 -3465234 13311643 11996103 -3576974 0 X 0 1 X 1 1 1 X 1377269 3483849 2926234 5994794 1749396 15531542 1377269 3483849 2926234 5994794 1749396 15531542 2066421 13465121 619 24 314851 315494 17483 35521 43444 252566 144267 493281 16340317 12365979 0.82400 0.88740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 151038 135091 15947 406125 212474 193651 183687 158853 24834 234432 DUE FROM AFFILIATES 1426275 RIGHT OF USE ASSET 3359146 4785421 DUE TO AFFILIATES 7601499 LEASE LIABILITY 3554346 11155845 X X X X 1 MARY CARLSON STRATEGIES LLC 5724 N WESTERN AVENUE CHICAGO IL 60659 GRANT REQUESTS, INDIVIDUAL APPEAL CAMPAIGN 0 1998848 87436 1911412 MARY CARLSON STRATEGIES LLC 5724 N WESTERN AVENUE CHICAGO IL 60659 EVENT PLANNING (GALA, FAIRS) 0 340091 44577 295514 2338939 132013 2206926 IL GALA 340091 270233 69858 0 84670 26276 9003 340091 270233 69858 84670 26276 9003 119949 -50091 0 ELECTRIC UTILITY BILL ASSISTANCE 8873 3200182 X X X 0 0 0 0 0 0 0 0 0 ANTHONY SIMPKINS CHIEF EXECUTIVE OFFICER 216227 0 0 0 0 0 0 0 21206 0 237433 0 0 0 DONNA CLARKE CHIEF OPERATING OFFICER 157009 0 0 0 0 0 0 0 9264 0 166273 0 0 0 PART 1 LINE 3 COMPENSATION OF THE PRESIDENT AND CHIEF OPERATING OFFICER IS DETERMINED USING THE FOLLOWING METHODS: COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FINANCE DEPARTMENT AND PAID TAX PREPARERS ARE RESPONSIBLE FOR THE PREPARATION OF THE FORM 990 AND ALL REQUIRED SCHEDULES. THE FORM 990 IS REVIEWED BY MANAGEMENT AND AN ELECTRONIC COPY IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL PERSONNEL AND BOARD MEMBERS TO SIGN A CONFLICT OF INTEREST AFFIDAVIT ON AN ANNUAL BASIS. THE PRESIDENT OF THE BOARD OF DIRECTORS WILL DETERMINE THE APPROPRIATE COURSE OF ACTION FOR ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST THAT MAY EXIST INVOLVING A BOARD MEMBER. IN THE INSTANCE THAT A POTENTIAL CONFLICT OF INTEREST ARISES WITH A BOARD MEMBER ON AN ISSUE REQUIRING A VOTE, THE BOARD MEMBER IS REQUIRED TO DISCLOSE THE CONFLICT, AND ABSTAIN FROM VOTING, AND MAY BE REQUIRED BY THE PRESIDENT OF THE BOARD TO LEAVE THE ROOM DURING THE VOTE. THE PRESIDENT WILL DETERMINE THE APPROPRIATE COURSE OF ACTION FOR ALL POTENTIAL CONFLICTS OF INTEREST INVOLVING THE ORGANIZATION'S EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL OFFICERS IS SUBJECT TO A COMPARABILITY REVIEW BY THE HUMAN RESOURCE DIRECTOR AND DOCUMENTED ON A TIMELY BASIS. SALARY RANGES ON ALL POSITION CLASSIFICATIONS ARE REVIEWED BI-ANNUALLY BY THE HUMAN RESOURCES DIRECTOR. THE SALARY OF THE TOP MANAGEMENT OFFICIAL IS REVIEWED AND APPROVED BY INDEPENDENT BOARD OF DIRECTORS ON AN ANNUAL BASIS DURING THE ORGANIZATION'S ANNUAL BUDGETING PROCESS. THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL WAS LAST REVIEWED AND APPROVED ANNUALLY. TOM SAKOS (CFO), ANTHONY SIMPKINS (CEO), AND DONNA CLARKE, (COO) DEVOTE THE FOLLOWING HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATIONS LISTED BELOW: 20 HOURS TO NEIGHBORHOOD HOUSING SERVICES OF CHICAGO, INC. 10 HOURS TO NEIGHBORHOOD LENDING SERVICES, INC. 5 HOURS TO NHS REDEVELOPMENT CORPORATION THE COMPENSATION FOR THE ORGANIZATION'S OTHER OFFICERS IS REVIEWED AND APPROVED BY THE PRESIDENT. THE PRESIDENT SIGNS A HIRING APPROVAL FORM FOR NEW HIRES TO APPROVE A NEW POSITION'S SALARY. A PAYROLL CHANGE FORM IS ALSO COMPLETED FOR NEW POSITIONS TO ENSURE THE EMPLOYEE IS ESTABLISHED IN THE PAYROLL PROCESSING SYSTEM ON A TIMELY BASIS. MERIT INCREASES FOR OTHER OFFICERS AND KEY EMPLOYEES ARE APPROVED BY THE EXECUTIVE DIRECTOR BY SIGNING A PAYROLL CHANGE FORM. THE DELIBERATIONS AND DECISION MAKING REGARDING THE DETERMINATION OF COMPENSATION ARE DOCUMENTED ON A TIMELY BASIS BY THE HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. WITH THE EXCEPTION OF THE FINANCIAL STATEMENTS, WHICH ARE PROVIDED TO FUNDERS, GOVERNMENT AGENCIES, AND PROSPECTIVE DONORS, THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. NEIGHBORHOOD LENDING SERVICES 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 363471392 RESIDENTIAL MORTGAGE IL 501(C)(3) LINE 7 NEIGHBORHOOD HOUSING SERVICES OF CHICAGO 1 NHS REDEVELOPMENT CORPORATION 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 363014600 RENOVATION AND CONSTRUCTION IL 501(C)(3) LINE 9 NEIGHBORHOOD HOUSING SERVICES OF CHICAGO 1 SOUTH CHICAGO SA ASSOCIATES 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 205891111 PROPERTY RENTALS IL N/A N/A 847 0 1 0.00510 79TH STREET LIMITED PARTNERSHIP 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 262330615 PROPERTY RENTALS IL N/A N/A 836 0 0 0.00510 ROSELAND SLF ASSOCIATES LP 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 364547011 PROPERTY RENTALS IL N/A N/A 1387662 371049 0 1 0.00510 SOUTH CHICAGO SLF ASSOCIATES LP 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 201891444 PROPERTY RENTALS IL N/A N/A 0 1 0.00510 NHS ROSELAND SLF INC 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 760768920 DEVELOPMENT IL NHS REDEVELOPMENT CORPORATION C 1387662 371049 1.00000 0 NHS SOUTH CHICAGO SLF INC 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 763182160 DEVELOPMENT IL NHS REDEVELOPMENT CORPORATION C 1.00000 0 NHS SOUTH CHICAGO SA INC 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 611587714 DEVELOPMENT IL NHS REDEVELOPMENT CORPORATION C 3035779 1.00000 0 NHS WRIGHTWOOD INC 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 800361458 DEVELOPMENT IL NHS REDEVELOPMENT CORPORATION C 377206 1.00000 0 NHSRC INITIATIVES 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 262850045 DEVELOPMENT IL NHS REDEVELOPMENT CORPORATION C -37500 2211135 1.00000 0 NHS REALTY SERVICES NFP 850 W JACKSON BLVD 5TH FLOOR CHICAGO IL 60607 923673783 DEVELOPMENT IL NHS REDEVELOPMENT CORPORATION C 1.00000 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 NEIGHBORHOOD LENDING SERVICES O 1466801 FMV NHS REDEVELOPMENT CORPORATION O 334380 FMV