2023-08-11T10:15:25-05:00 2023-03-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2022-04-01 020455301 Manchester Neighborhood Housing Services Inc MANC 6036264663 PO Box 3968 Manchester NH 03105 Robert Tourigny Executive Director 6036264663 2023-08-10 1 Robert Tourigny 999009999 1 Barbara J McGuan CPA P00219457 2077752387 2023-08-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NeighborWorks Southern New Hampshire Robert Tourigny PO Box 3968 Manchester NH 03105 2531167 0 X www.nwsnh.org X 1992 NH Low Income Housing 9 9 17 350 0 0 643846 1339029 671891 1188855 14892 3283 221141 0 1551770 2531167 530000 0 0 0 1182071 1280850 0 0 258590 358839 411244 2070910 1692094 -519140 839073 9007199 9848203 1121505 1123436 7885694 8724767 X NeighborWorks Southern New Hampshire enhances people's lives and the community environment by providing access to quality housing services, revitalizing neighborhoods and supporting opportunities for personal empowerment. The target market for NeighborWorks (NWSNH) services is very low, low, and moderate income individuals and families who are at a disadvantage for achieving economic stability, such as single mothers, immigrants and the working poor. Our goal is to help disadvantaged families build assets and achieve greater economic stability so they may escape a cycle of financial struggle or poverty and build a better future for their families and also the communities in which they live. NeighborWorks does this through a focus on affordable housing and community development. For FY2023, approximately 7,000 individuals benefited from services provided by NeighborWorks. 0 0 475203 83657 Home Ownership - offering a panoply of educational seminars, workshops and one-on-one counseling to help individuals and families understand critical components of homeownership, including its financial responsibilities, maintenance and upkeep of a home, and the process and elements of purchasing a home, including consideration of whether home purchase is a prudent choice at this time. NeighborWorks is a HUD-approved counseling agency with HUD licensed counselors on staff. In addition, NeighborWorks is authorized as a mortgage lender to provide lending products to income-qualified clients. The Education/Counseling programs include: First-time homebuyer, landlord training, and financial capabilities. 697954 1105472 Neighborhood Development - activities to develop affordable housing for sale or rent, create/facilitate community, and neighborhood-based activities including initiatives to engage tenants and residents in their community and/or revitalize neglected neighborhoods. 1173157 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 9 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 NH X Diane Brewster 6036264663 PO Box 3968 Manchester NH 03105 X Sandra Almonte Chair 2.00 0.00 X X 0 0 0 Eric LeBlanc Vice Chair 2.00 0.00 X X 0 0 0 Thomas Breslawski Treasurer 2.00 0.00 X X 0 0 0 Megan Carrier Esq Secretary 2.00 0.00 X X 0 0 0 David Grappone Board Member 2.00 0.00 X 0 0 0 Beth Jellison Board Member 2.00 0.00 X 0 0 0 Zachery Palmer Board Member 2.00 0.00 X 0 0 0 Connie Roy-Czyzowski Board Member 2.00 0.00 X 0 0 0 Richard Sawyer Board Member 2.00 0.00 X 0 0 0 Robert Tourigny Executive Director 35.00 10.00 X 153937 0 16967 153937 0 16967 1 0 1 0 Sheehan Phinney Bass Green PA 1000 Elm Street Manchester NH 03105 Legal Services 532117 John S Jordan Design PLLC 19 Shoe String Road Canterbury NH 03224 Architecture 206040 2 44880 1294149 90920 1339029 Program Revenue 532000 949852 949852 Miscellaneous Revenue 532000 184915 184915 Interest Income on Loa 532000 54088 54088 1188855 3283 3283 2531167 1188855 0 3283 170904 170904 877483 638477 54665 184341 30692 21737 1458 7497 125676 89736 9514 26426 76095 56749 6632 12714 9653 9030 207 416 46600 38790 2600 5210 78014 64443 6065 7506 1203 931 3 269 48008 38192 3910 5906 108334 103290 1680 3364 122 122 15012 13024 602 1386 4000 4000 9430 7850 526 1054 39503 38085 472 946 Special Events Expense 26293 26293 Miscellaneous 15422 13765 679 978 Staff Training 9650 8765 308 577 1692094 1173157 260347 258590 X 3680008 3506425 28502 273752 194515 814288 2148353 2238204 42905 41067 428137 248616 669995 179521 171827 171827 2071094 2623119 9007199 9848203 104674 112501 1016831 1010935 1121505 1123436 X 6866489 7240730 1019205 1484037 7885694 8724767 9007199 9848203 839073 0 X 0 1 X 1 1 1 X 1274852 1008011 1488503 643846 1339029 5754241 1274852 1008011 1488503 643846 1339029 5754241 5754241 179 21382 3300 14892 3283 43036 19880 19880 105895 160272 247446 221141 734754 6551911 4420902 0.87830 0.86030 X Schedule A, Part II, Line 10, Explanation of Other Income: Bad Debt Recovery - 2018 Amount: $ 105,895. 2019 Amount: $ 160,272. 2020 Amount: $ 247,446. 2021 Amount: $ 221,141. 2022 Amount: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 123420 123420 1225 1225 0 157281 116965 40316 146211 130426 15785 179521 Restricted Deposits 1235827 Due from Related Parties 1387292 2623119 Contractual Advances 981251 Contingent Loans and Advances 29684 1010935 2561237 30070 30070 2531167 0 2531167 1722164 30070 30070 1692094 0 1692094 X X 0 0 0 0 0 0 0 0 0 Robert Tourigny Executive Director 153937 0 0 0 0 0 7616 0 9351 0 170904 0 0 0 Part I, Line 3 Executive Director compensation is determined by an executive committee with the use of a compensation survey. X 1 90920 Market Comparable Sales 1 0 0 0 Form 990, Part VI, Section A, line 6 The Board of Directors of the Corporation shall comprise the members for legal purposes. Form 990, Part VI, Section A, line 7a An annual meeting of the Board of Directors of the Corporation, at which the Board of Directors shall elect persons to serve on the Board of Directors shall be held each year within 30 days of the fiscal year end or at such time as the Board of Directors shall designate. Vacancies in the Board of Directors, howsoever existing or arising, shall be filled by the affirmative vote of the majority of all remaining Directors then in office. The Board of Directors and the Nominating Committee shall act in order to assure that no vacancy exists for more than sixty (60) calendar days. Form 990, Part VI, Section B, line 11b A draft of IRS Form 990 is reviewed by the Executive Director and Chief Operating Officer of NeighborWorks Southern New Hampshire (NWSNH). Once reviewed by management, the draft of IRS Form 990 is reviewed by NWSNH's Audit Committee. IRS Form 990 is then forwarded to all members of the Board of Directors. Once reviewed by management, the Audit Committee, and members of the Board of Directors, a final copy is issued and filed in a timely manner with the IRS. Form 990, Part VI, Section B, line 12c NeighborWorks Southern New Hampshire (NWSNH) has a conflict of interest policy because an organization's reputation for integrity is its most valuable asset and is directly related to the conduct of its officers and employees. It is stated in the policy that officers and employees must never use their positions with NeighborWorks for private gain, to advance personal interests or to obtain favors or benefits for themselves, members of their families or any other business entities. Each year, a conflict of interest questionnaire is distributed to all board members and board members are required to complete and sign the questionnaire. This questionnaire is designed to assist NWSNH to comply with the law as it pertains to instances of pecuniary benefit transactions and to allow its directors to understand the law and comply with it. A full disclosure is requested from each officer regarding financial transactions and family member transactions regarding NeighborWorks. If there is a conflict of interest regarding a board member and certain financial transactions of the organization, the board member is required to abstain from voting on any related financial transactions. The board member with pecuniary benefit is asked to leave the board room/meeting and it is disclosed to all board members that there is a pecuniary benefit to said board member. Board members are free to discuss this transaction and vote accordingly before the board member rejoins the meeting. Form 990, Part VI, Section B, line 15a Executive Director compensation is determined by an executive committee with the use of a compensation survey. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 990, Part VII, Section B During calendar year 2021 the Organization paid independent contractors for legal and architectural services on behalf of 249 Main Corp., a related organization reported on Schedule R, Part IV. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Manchester Neighborhood Housing Services, Inc. PO Box 3968, Manchester, NH 03105 EIN 02-0455301 Manchester Neighborhood Housing Services, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). NWGM Title Holding Co II Inc PO Box 3968 Manchester NH 03105 454933071 Management of Rental Activity NH 501(c)(2) Manchester Neighborhood Housing Services Inc 0 NWGM Title Holding Co III Inc PO Box 3968 Manchester NH 03105 460604595 Land and Building Renovation NH 501(c)(2) Manchester Neighborhood Housing Services Inc 0 NWGM Title Holding Co IV Inc PO Box 3968 Manchester NH 03105 352618609 Land and Building Renovation NH 501(c)(2) Manchester Neighborhood Housing Services Inc 0 NWGM Title Holding Co LLC PO Box 3968 Manchester NH 03105 844630462 Management of Rental Housing NH 501(c)(2) Manchester Neighborhood Housing Services Inc 0 NWGM Title Holding Co V Inc PO Box 3968 Manchester NH 03105 384122488 Title Holding Company NH 501(c)(2) Manchester Neighborhood Housing Services Inc 0 NWGM Title Holding Co VI Inc PO Box 3968 Manchester NH 03105 842346225 Title Holding Company NH 501(c)(2) Manchester Neighborhood Housing Services Inc 0 RENEW II Title Holding Company Inc PO Box 3968 Manchester NH 03105 823764716 Title Holding Company NH 501(c)(2) Manchester Neighborhood Housing Services Inc 0 Casimir Place Limited Partnership PO Box 3968 Manchester NH 03105 201847347 Rental Activity NH Renew II Title Holding Co Inc Rental 0 0 RENEW II Limited Partnership PO Box 3968 Manchester NH 03105 Rental Activity NH NWSNH RENEW II Corp Rental 0 1 0.00010 Abingdon Square Corporation PO Box 3968 Manchester NH 03105 383802422 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C 10609 100 1.00000 1 Hidden Pond Corporation PO Box 3968 Manchester NH 03105 454551860 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C -17 1.00000 1 Silver Shoe Corporation PO Box 3968 Manchester NH 03105 201702999 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C -20 1.00000 1 St Casimir Corporation PO Box 3968 Manchester NH 03105 455063851 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C -14 159406 1.00000 1 Whitehall Road NWGM Corporation PO Box 3968 Manchester NH 03105 272026658 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C 11256 100 1.00000 1 Whittemore Place I Corporation PO Box 3968 Manchester NH 03105 465655303 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C -17 100 1.00000 1 Whittemore Place II Corporation PO Box 3968 Manchester NH 03105 821511630 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C -4 1.00000 1 Wright Corporation PO Box 3968 Manchester NH 03105 833823131 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C -18 58500 1.00000 1 NWSNH RENEW I Corp 801 Elm Street Manchester NH 03105 473117861 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C 290 1.00000 1 249 Main Corp PO Box 3968 Manchester NH 03105 881200928 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C 1.00000 1 NWSNH Renew II Corporation PO Box 3968 Manchester NH 03105 871955320 Management of Rental Housing NH Manchester Neighborhood Housing Service Inc C -15 1.00000 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 NWGM Title Holding Company LLC D 61920 FMV NWGM Title Holding Company III Inc D 552861 FMV NWGM Title Holding Company V Inc D 287739 FMV RENEW II LP D 390000 FMV NWGM Title Holding Company III Inc K 70050 FMV Casimir Place Limited Partnerships D 917033 FMV Part IV, Identification of Related Organizations Taxable as Corp or Trust: Whittemore Place I Corporation (Whittemore Place) is wholly-owned by Manchester Neighborhood Housing Services, Inc. Absent this election, Whittemore Place would be considered a "tax-exempt entity" by virtue of being a "tax-exempt controlled entity", as that term is defined under IRC Sec. 168(h)(6)(F)(iii), for purposes of applying code Secs. 167 and 168. Pursuant to IRC Sec. 168(h)(6)(F)(ii), Whittemore Place elects to not be treated as a tax-exempt entity, with the result that any gain recognized by Manchester Neighborhood Housing Services, Inc. on a disposition of an interest in Whittemore Place, or from any dividends or interest it may receive from Whittemore Place, will be treated as unrelated business income under IRC Sec. 511. Name, Address, and EIN: Whittemore Place I Corporation, C/O Neighborworks Southern NH P.O. Box 3968, Manchester, NH 03105, EIN: 46-5655303 Election to be effective for the year ended December 31, 2014 and future years. Part IV, Identification of Related Organizations Taxable as Corp or Trust: Whittemore Place II Corporation (Whittemore Place II)Taxpayer is wholly-owned by a tax-exempt entity, Manchester Neighborhood Housing Services, Inc., EIN 02-0455301. Absent this election, taxpayer would be considered a "Tax-Exempt Entity" by virtue of bein a "Tax-Exempt Controlled Entity", as that term is defined under IRC Section 168(h)(6)(F)(iii), for purposes of applying code sections 167 and 168. Pursuant to IRC Section 168(h)(6)(F)(ii), taxpayer elects to not be treated as a tax-exempt entity, with the result that any gain recongnized by its tax-exempt shareholder on a disposition of an interest in taxpayer, or from any dividends or interest it may receive from taxpayer, will be treated as unrelated business income per IRC Section 511. Taxpayer name, address and EIN: Whittemore Place II Corp., c/o Neighborworks Southern New Hampshire, PO Box 3869, Manchester, NH 03105; EIN 82-1511630. Election to be effective for the year ended December 31, 2017 and future years. Part IV, Identification of Related Organizations Taxable as Corp or Trust: NWSNH RENEW I Corporation Taxpayer is wholly-owned by a tax-exempt entity, Manchester Neighborhood Housing Services, Inc., EIN 02-0455301. Absent this election, taxpayer would be considered a "Tax-Exempt Entity" by virtue of bein a "Tax-Exempt Controlled Entity", as that term is defined under IRC Section 168(h)(6)(F)(iii), for purposes of applying code sections 167 and 168. Pursuant to IRC Section 168(h)(6)(F)(ii), taxpayer elects to not be treated as a tax-exempt entity, with the result that any gain recongnized by its tax-exempt shareholder on a disposition of an interest in taxpayer, or from any dividends or interest it may receive from taxpayer, will be treated as unrelated business income per IRC Section 511. Taxpayer name, address and EIN: NWSNH RENEW I Corp., c/o Neighborworks Southern New Hampshire, PO Box 3869, Manchester, NH 03105; EIN 47-3117861. Election to be effective for the year ended December 31, 2015 and future years. Part IV, Identification of Related Organizations Taxable as Corp or Trust: NWSNH RENEW II THC, Inc. Taxpayer is wholly-owned by a tax-exempt entity, Manchester Neighborhood Housing Services, Inc., EIN 02-0455301. Absent this election, taxpayer would be considered a "Tax-Exempt Entity" by virtue of being a "Tax-Exempt Controlled Entity", as that term is defined under IRC Section 168(h)(6)(F)(iii), for purposes of applying code sections 167 and 168. Pursuant to IRC Section 168(h)(6)(F)(ii), taxpayer elects to not be treated as a tax-exempt entity, with the result that any gain recongnized by its tax-exempt shareholder on a disposition of an interest in taxpayer, or from any dividends or interest it may receive from taxpayer, will be treated as unrelated business income per IRC Section 511. Taxpayer name, address and EIN: NWSNH RENEW II THC, Inc., c/o Neighborworks Southern New Hampshire, PO Box 3869, Manchester, NH 03105; EIN 82-3764716. Election to be effective for the year ended December 31, 2018 and future years. Part IV, Identification of Related Organizations Taxable as Corp or Trust: Wright Corporation. Taxpayer is wholly-owned by a tax-exempt entity, Manchester Neighborhood Housing Services, Inc., EIN 02-0455301. Absent this election, taxpayer would be considered a "Tax-Exempt Entity" by virtue of being a "Tax-Exempt Controlled Entity", as that term is defined under IRC Section 168(h)(6)(F)(iii), for purposes of applying code sections 167 and 168. Pursuant to IRC Section 168(h)(6)(F)(ii), taxpayer elects to not be treated as a tax-exempt entity, with the result that any gain recongnized by its tax-exempt shareholder on a disposition of an interest in taxpayer, or from any dividends or interest it may receive from taxpayer, will be treated as unrelated business income per IRC Section 511. Taxpayer name, address and EIN: Wright Corporation, c/o NeighborWorks Southern New Hampshire, PO Box 3968, Manchester, NH 03105, EIN: 83-3823131. Election to be effective for the year ended December 31, 2018 and future years.