Form 990 for tax year 2023
Filed by NEIGHBORHOOD HOUSING SERVICES OF ORANGE COUNTY INC.
Totals
- Total revenue
- $3,931,071
- Total expenses
- $3,406,727
- Contributions and grants received
- $1,145,998
- Grants paid
- $0
- Program service revenue
- $1,993,021
- Investment income
- $792,252
- Other revenue
- -$200
- Total assets, end of year
- $37,236,241
- Total liabilities, end of year
- $10,246,085
- Net assets or fund balances, end of year
- $26,990,156
- Program services expenses (Part IX)
- $2,783,328
- Management and general expenses
- $541,059
- Fundraising expenses
- $82,340
- Program service expenses (Part III)
- $2,783,328
Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$17,699
-
1e · Government grants (contributions)
$886,550
-
1f · All other contributions, gifts and grants
$241,749
-
2a · Program service revenue: OTHER INCOME - BAD DEBT R
-
2b · Program service revenue: PROGRAM INCOME
total $308,742 · related or exempt $308,742
-
2c · Program service revenue: RENTAL INCOME
total $1,684,279 · related or exempt $1,684,279
-
3 · Investment income
total $792,252 · excluded $792,252
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: contributions included on line 1c
$17,699
-
8b · Fundraising events: direct expenses
$200
-
8c · Net income from fundraising events
total -$200
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $453,284 · program services $343,237 · management and general $99,397 · fundraising $10,650
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $844,010 · program services $639,104 · management and general $185,076 · fundraising $19,830
-
8 · Pension plan contributions
total $30,637 · program services $23,199 · management and general $6,718 · fundraising $720
-
9 · Other employee benefits
total $85,302 · program services $49,930 · management and general $31,949 · fundraising $3,423
-
10 · Payroll taxes
total $84,522 · program services $49,473 · management and general $31,657 · fundraising $3,392
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $131 · program services $96 · management and general $35
-
11c · Fees: accounting
total $49,060 · management and general $49,060
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $38,400 · fundraising $38,400
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $80,051 · program services $58,749 · management and general $21,302
-
12 · Advertising and promotion
total $80,779 · program services $55,824 · management and general $22,540 · fundraising $2,415
-
13 · Office expenses
total $59,397 · program services $41,833 · management and general $17,258 · fundraising $306
-
14 · Information technology
total $76,281 · program services $53,724 · management and general $22,162 · fundraising $395
-
15 · Royalties
total $0
-
16 · Occupancy
total $59,656 · program services $41,163 · management and general $16,704 · fundraising $1,789
-
17 · Travel
total $8,473 · program services $6,143 · management and general $2,105 · fundraising $225
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $493 · program services $347 · management and general $143 · fundraising $3
-
20 · Interest
total $267,604 · program services $267,604
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $79,331 · program services $66,617 · management and general $12,134 · fundraising $580
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $397,086 · program services $397,086
-
24b · Other expenses: DEPRECIATION
total $293,727 · program services $287,816 · management and general $5,911
-
24c · Other expenses: UTILITIES
total $120,373 · program services $120,373
-
24d · Other expenses: MANAGEMENT EXPENSE
total $92,473 · program services $92,473
-
24e · All other expenses
total $205,657 · program services $188,537 · management and general $16,908 · fundraising $212
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $13,780,632 · end of year $14,769,899
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $12,414,604 · end of year $13,931,161
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $94,641 · end of year $104,179
-
10a · Land, buildings and equipment: cost or other basis
$14,679,562
-
10b · Land, buildings and equipment: accumulated depreciation
$6,787,668
-
10c · Land, buildings and equipment, net
beginning of year $8,095,033 · end of year $7,891,894
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $593,735 · end of year $539,108
-
17 · Accounts payable and accrued expenses
beginning of year $152,142 · end of year $134,857
-
23 · Secured mortgages and notes payable
beginning of year $6,957,214 · end of year $8,856,187
-
25 · Other liabilities
beginning of year $1,415,501 · end of year $1,255,041
-
27 · Net assets without donor restrictions
beginning of year $12,824,462 · end of year $13,158,823
-
28 · Net assets with donor restrictions
beginning of year $13,629,326 · end of year $13,831,333
Mission and programs · 2023
Mission
NEIGHBORWORKS ORANGE COUNTY EMPOWERS PEOPLE AND COMMUNITIES TO BUILD WEALTH THROUGH HOMEOWNERSHIP, FINANCIAL EDUCATION AND ACCESS TO AFFORDABLE HOMES.
-
AFFORDABLE HOUSING MANAGEMENT PROGRAM:NWOCs Affordable Housing Program provides housing to low-income families in Orange County, CA.NWOCs Affordable Housing wholly owned portfolio consists of 4 multi-family properties totaling 35 units. These units are primarily located in the cities of La Habra and Fullerton. NWOC and its wholly owned limited liability companies own a 100% interest in the following partnerships that own residential property that rent to qualified low-income tenants (Affordable Housing Properties):Partnership General Partner units Limited PartnerGarnet Housing Associates (Garnet) NWOC 18 NHSOC-Garnet LLCWalnut Housing Associates (Walnut) NWOC 47 NHSOC Homes 1, LLCNWOC employs a third party property management company to perform property management duties. The goal of the program is to provide affordable housing to households whose income falls within classifications set forth by state and/or federal guidelines, as well as investor requirements.
Expenses $1,683,491 · Revenue $1,712,300
-
EDUCATION AND COUNSELING:OUR ORGANIZATION PROVIDES WORKSHOPS IN THE AREAS OF PURCHASING A HOME, AND FINANCIAL CAPABILITY, TO ASSIST THOSE WHO ARE INTERESTED IN ACHIEVING HOMEOWNERSHIP. IN ADDITION TO PROVIDING WORKSHOPS, OUR ORGANIZATION ALSO PROVIDES INDIVIDUAL DEVELOPMENT SESSIONS WHERE CUSTOMERS CAN WORK WITH STAFF TO DESIGN AN INDIVIDUALIZED ACTION PLAN THAT OUTLINES THE STEPS THEY NEED TO TAKE TO REACH THEIR GOAL OF HOMEOWNERSHIP.
Expenses $808,834 · Revenue $90,963
-
DOWN PAYMENT ASSISTANCE AND LENDING:OUR LENDING DEPARTMENT OFFERS A VARIETY OF SUSTAINABLE LENDING PRODUCTS AVAILABLE FOR CUSTOMERS TO TAKE ADVANTAGE OF. AS A BROKER OF FIRST MORTGAGES WE ARE ABLE TO PROVIDE CUSTOMERS WITH SUSTAINABLE FIXED RATE MORTGAGES. TO HELP CUSTOMERS ACHIEVE AFFORDABILITY WE ALSO ARE ABLE TO COMBINE THE FIRST MORTGAGES WITH DIFFERENT TYPES OF DOWN PAYMENT ASSISTANCE PRODUCTS THAT COME FROM EITHER OUR OWN CAPITAL OR CAPITAL FROM A DIFFERENT LENDING INSTITUTION.
Expenses $291,003 · Revenue $189,758
As filed on the 2023 return.
Listed in Part VII
-
Helen O'SullivanHELEN O'SULLIVAN
PRESIDENT/CEO
- Total calculated
- $205,641
- From this org
- $181,144
- From related orgs
- $0
- Other
- $24,497
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,644
- Bonus
- $500
- Other
- not reported
- Deferred
- $9,165
- Nontaxable benefits
- $15,332
- Filer's total
- $205,641
-
Amita MehtaAMITA MEHTA
SVP FIN & ADMIN
- Total calculated
- $148,286
- From this org
- $127,446
- From related orgs
- $0
- Other
- $20,840
- Hours/week
- 40
-
Brenda Magana
VP DIR OF OPERA
- Total calculated
- $99,357
- From this org
- $93,996
- From related orgs
- $0
- Other
- $5,361
- Hours/week
- 40
-
Chris Garcia
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.12
-
jay lukes
board member
- Total calculated
- $0
- Hours/week
- 0.12
-
Lisa Brooks
board member
- Total calculated
- $0
- Hours/week
- 0.31
-
Shantae Bennet
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.12
-
Andy LambANDY LAMB
sec/treasurer
- Total calculated
- $0
- Hours/week
- 0.31
-
Nora MendezNORA MENDEZ
Director
- Total calculated
- $0
- Hours/week
- 0.31
-
sinan kanatsiz
board member
- Total calculated
- $0
- Hours/week
- 0.12
-
CESAR covarrubias
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.12
-
Daisy Perez
board member
- Total calculated
- $0
- Hours/week
- 0.12
-
MARTIN p SANCHEZ
board chair
- Total calculated
- $0
- Hours/week
- 0.31
-
Joseph Singh
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.12
-
Rose Espinosa
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.12
-
Tammy Mahoney
vice chair
- Total calculated
- $0
- Hours/week
- 0.12
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
- 3 · Approval by the board or compensation committee
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
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.
-
LEMON TOWN HOMES ASSOCIATION
528 · HOME OWNERS ASSOCIATION · CA · controlled entity
Directly controlled by NEIGHBORHOOD HOUSING SERVICES
-
501(C)(3) · FINANCE WORKFORCE AND AFFORDABLE HOUSING · CA · controlled entity
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
NHSOC HOMES 1 LLC
TO HOLD LEGAL TITLE TO PROPERTY FOR USE IN FURTHERANCE · CA · income $744,277 · assets $3,461,120
Directly controlled by NEIGHBORHOOD HOUSING SERVICES
-
NHSOC-GARNET LLC
TO HOLD LEGAL TITLE TO PROPERTY FOR USE IN FURTHERANCE · CA · income $293,633 · assets $1,040,584
Directly controlled by NEIGHBORHOOD HOUSING SERVICES
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510429349301751
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