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← NEIGHBORHOOD LENDING SERVICES INC

Form 990 for tax year 2022

Filed by NEIGHBORHOOD LENDING SERVICES INC.

Totals

Total revenue
$2,840,462
Total expenses
$3,564,491
Contributions and grants received
$420,000
Grants paid
$0
Program service revenue
$2,345,861
Investment income
$0
Other revenue
$74,601
Total assets, end of year
$24,089,231
Total liabilities, end of year
$12,293,181
Net assets or fund balances, end of year
$11,796,050
Program services expenses (Part IX)
$2,625,885
Management and general expenses
$938,606
Fundraising expenses
$0
Program service expenses (Part III)
$2,625,885

Program services were 73.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ROBERT TUCKER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • THOMAS FITZGIBBON JR

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • MANUEL JIMENEZ

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • FARUK DAUDBASIC

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • BRUCE MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • ARTHUR NEVILLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • KAREN THOMAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • ANTHONY SIMPKINS

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $247,746
    From this org
    $0
    From related orgs
    $219,714
    Other
    $28,032
    Hours/week
    10 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $219,714 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $28,032 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $247,746 related

  • DONNA CLARKE

    CHIEF OPERATING OFFICER

    Total calculated
    $168,536
    From this org
    $0
    From related orgs
    $159,575
    Other
    $8,961
    Hours/week
    10 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $159,575 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $8,961 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $168,536 related

  • DWAYNE SHIPP

    DIRECTOR OF FINANCE

    Total calculated
    $131,698
    From this org
    $0
    From related orgs
    $115,784
    Other
    $15,914
    Hours/week
    10 + 25 related

  • ROBIN COFFEY

    CHIEF CREDIT OFFICER

    Total calculated
    $128,425
    From this org
    $0
    From related orgs
    $111,106
    Other
    $17,319
    Hours/week
    30 + 5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION OF THE PRESIDENT IS DETERMINED BY A RELATED ORGANIZATION, NEIGHBORHOOD HOUSING SERVICES OF CHICAGO, INC. (NHS). NHS USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION: COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
28 July 2023
IRS schema version
2022v5.0
Source object
202312239349301261

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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