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Neighborhood Housing Services Of Greater Berks Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232066952 ✦ Reading, PA ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Housing Services Of Greater Berks Inc?

Neighborhood Housing Services of Greater Berks Inc is a dedicated nonprofit organization based in Reading, Pennsylvania. Their primary mission is to promote and facilitate affordable housing initiatives, aiming to expand homeownership opportunities for individuals in Berks County, particularly those with low to moderate incomes. To achieve this goal, they remove blighted properties by purchasing and renovating them, subsequently reselling to first-time homebuyers. Additionally, they act as consultants to manage rehabilitation programs run by other entities. Beyond property renovation, Neighborhood Housing Services of Greater Berks Inc constructs new affordable homes on a scattered site basis outside the city, catering to first-time homeowners. They also provide technical assistance to home repair programs. In 2022, their My Life Program offered 32 loans for home improvements, totaling $1,143,000. With a team of 24 employees, this nonprofit organization is committed to revitalizing neighborhoods and contributing positively to the wider community in Berks County.


Official website here: www.nhsgreaterberks.org

Is Neighborhood Housing Services Of Greater Berks Inc legitimate?

Neighborhood Housing Services Of Greater Berks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Greater Berks Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $155,069
Professional Fundraising Fees: $0
Other Salaries and Wages: $977,629

For more financial information, click here


Official website here: www.nhsgreaterberks.org

What is the mission statement of Neighborhood Housing Services Of Greater Berks Inc?

The mission of Neighborhood Housing Services Of Greater Berks is to facilitate and provide affordable housing programs and initiatives, with a focus on expanding homeownership opportunities for low to moderate income families. This organization contributes to the revitalization of neighborhoods and the wider community by removing blighted properties, renovating them, and reselling to first-time homebuyers. Additionally, they act as consultants to administer rehabilitation programs run by other entities. In 2022, they provided 32 loans for home improvements via their My Life program, totaling $1,143,000.


Official website here: www.nhsgreaterberks.org

Who is the CEO of Neighborhood Housing Services Of Greater Berks Inc?

Stephen T Gieringer is the President of Neighborhood Housing Services Of Greater Berks Inc. The CEO's salary of Neighborhood Housing Services Of Greater Berks Inc is $132,874 and their total compensation is $155,070.


Official website here: www.nhsgreaterberks.org

What is the revenue of Neighborhood Housing Services Of Greater Berks Inc?

Neighborhood Housing Services Of Greater Berks Inc's revenue in 2022 was $6,693,913.


Official website here: www.nhsgreaterberks.org

Who are the executives of Neighborhood Housing Services Of Greater Berks Inc and what are their salaries?

The average compensation at Neighborhood Housing Services Of Greater Berks Inc during 2022 was $47,196. There are 24 employees and 19 volunteers at Neighborhood Housing Services Of Greater Berks Inc.

Here are 20 key members and their salaries (Neighborhood Housing Services Of Greater Berks Inc's CEO's salary is $132,874 and their total compensation is $155,070):

    Stephen T Gieringer (Ceo, Assistant Treasurer)
  • Compensation: $132,874
  • Related: $0
  • Other: $22,196

    • Marisol Torres (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erika Hoffman (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Bowers Esquire (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Turie Sotzin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Key (At Large Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Schmoyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Denbowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edgar Cortez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Dimaio (Director As Of May 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica Wennell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vicki Ide (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Vas Korlis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Booth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Joseph Ampry (Director Thru April 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Zabala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marlene Boyd (Director Thru April 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Cortez (Director Emeritus Thru April 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Shenk (Director Thru April 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raquel J Capellan (Director As Of May 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nhsgreaterberks.org

    Where can I find the form 990 for Neighborhood Housing Services Of Greater Berks Inc?

    The Neighborhood Housing Services Of Greater Berks Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nhsgreaterberks.org

    Learn more at the official website: www.nhsgreaterberks.org

    Mission Statement of Neighborhood Housing Services Of Greater Berks Inc

    Neighborhood Housing Services of Greater Berks Inc is committed to facilitating and providing affordable housing programs and initiatives for all people. Their mission is to expand homeownership opportunities for the residents of Berks County, particularly low to moderate income families. This organization aims to contribute to the revitalization of neighborhoods and the greater community through its efforts.

    In pursuit of this mission, Neighborhood Housing Services of Greater Berks Inc engages in several activities. They seek to remove blighted properties by purchasing and renovating them, subsequently reselling them to first-time homebuyers. In addition, the organization acts as a consultant to provide administration for rehabilitation programs run by other entities. Furthermore, Neighborhood Housing Services of Greater Berks Inc constructs new affordable homes on a scattered site basis outside the city for first-time homeowners and provides technical assistance to home repair programs.

    In the year 2022, Neighborhood Housing Services of Greater Berks Inc made significant strides in achieving its mission. They provided 32 loans for home improvements through their My Life program, totaling $1,143,000. This investment in affordable housing and home improvement initiatives demonstrates their commitment to making homeownership opportunities more accessible to the people of Berks County.

    Impact

    This information is meant to be a general summary of Neighborhood Housing Services Of Greater Berks Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Neighborhood Housing Services Of Greater Berks Inc facilitates and provides affordable housing programs and initiatives to expand homeownership opportunities for all people in Berks County, especially low to moderate-income families. Through real estate and rehabilitation efforts, the organization works to remove blighted properties by purchasing, renovating, and reselling them to first-time homebuyers. Additionally, they construct new affordable homes for first-time homeowners on a scattered site basis outside the city and offer technical assistance for home repair programs. In 2022, their accomplishments included providing 32 loans for home improvements through their My Life program, totaling $1,143,000. Overall, their impact lies in revitalizing neighborhoods, increasing access to homeownership, and contributing to the broader community's well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-17,193
  • Program Service Revenue: $4,767,729
  • Gross Receipts: $6,738,211

    • Assets and Liabilities:
  • Total Assets: $17,697,361
  • Total Liabilities: $9,941,583
  • Net Assets: $7,755,778
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LIFT PROGRAM

    Revenue

    $3,788,427

    MORTGAGE INTEREST

    Revenue

    $413,424

    FEE REVENUE

    Revenue

    $400,126

    REHABBED PROPERTY SALE

    Revenue

    $165,000

    ESCROW/ADMIN FEES

    Revenue

    $752

    Organization Details

    Founding Year

    1979

    Principal Officer

    Stephen T Gieringer

    Main Address

    213 N FIFTH STREET, READING, PA, 19601

    NTEE Category

    Code: L800 - Housing

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