NHS LENDING INC

As filed

Subsection

03

NTEE code

L82

Classification

1200

Street

3380 W AMERICANA TERRACE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• CREATING HOMEOWNERSHIP OPPORTUNITIES AS A NON-PROFIT MORTGAGE LENDER. NHS LENDING HELPS INDIVIDUALS BEGIN BUILDING ASSETS FOR THEIR FUTURE THROUGH SUSTAINABLE HOMEOWNERSHIP. IT PROVIDES SECOND MORTGAGE LOANS IN TANDEM WITH OUR PARTNER LENDERS' FIRST MORTGAGES. AS A CDFI, NHS LENDING CAN ALSO DEPLOY FIRST MORTGAGES. BY LAYERING LOANS, NWB CAN LEVERAGE CAPITAL FUNDING TO OFFER QUALIFYING BUYERS AT LMI LEVELS THE RESOURCES TO BECOME SUCCESSFUL HOMEOWNERS. NWB UNDERWRITING CRITERIA ARE MORE FLEXIBLE, CREDIT SCORE REQUIREMENTS AND FEE ASSESSMENTS ARE LOWER THAN THOSE OF TRADITIONAL LENDERS, AND WE CAN PROVIDE ADDITIONAL DOWN PAYMENT AND CLOSING COST OPPORTUNITIES TO OUR LENDING CLIENTS AS WELL.

  Expenses $401,984 · Revenue $141,238

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

• RABIOU MANZO

  BOARD PRESIDENT

  Total calculated

  $0

  Hours/week

  1

• BRIAN YEARGAIN

  BOARD VICE PRESIDENT

  Total calculated

  $0

  Hours/week

  1

• BRAD LISH

  BOARD TREASURER

  Total calculated

  $0

  Hours/week

  1

• LEAH LARSON

  BOARD SECRETARY

  Total calculated

  $0

  Hours/week

  1

• CHRIS STROH

  BOARD MEMBER

  Total calculated

  $0

  Hours/week

  1

• RACHEL ANDERSON

  BOARD MEMBER

  Total calculated

  $0

  Hours/week

  1

• ERIN SORENSEN

  BOARD MEMBER

  Total calculated

  $0

  Hours/week

  1

• YVETTE PRIMERO

  BOARD MEMBER

  Total calculated

  $0

  Hours/week

  1

• BUD COMPHER JR

  CEO

  Total calculated

  $127,350

  From this org

  $0

  From related orgs

  $123,502

  Other

  $3,848

  Hours/week

  40

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $268,002

  Expenses

  $502,258

  Contributions

  $112,101

  Grants paid

  $0

• 2023

  Revenue

  $328,840

  Expenses

  $575,479

  Contributions

  $150,250

  Grants paid

  $0

• 2022

  Revenue

  $349,856

  Expenses

  $431,852

  Contributions

  $185,000

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,544,726

  Expenses

  $470,971

  Assets (EOY)

  $6,052,045

• 2020 · 990

  Revenue

  $865,920

  Expenses

  $314,829

  Assets (EOY)

  $5,118,234

• 2019 · 990

  Revenue

  $504,594

  Expenses

  $327,238

  Assets (EOY)

  $4,930,579

• 2018 · 990

  Revenue

  $1,770,571

  Expenses

  $1,649,633

  Assets (EOY)

  $4,899,087

• 2017 · 990

  Revenue

  $2,283,447

  Expenses

  $2,028,004

  Assets (EOY)

  $5,411,302

• 2016 · 990

  Revenue

  $910,912

  Expenses

  $278,608

  Assets (EOY)

  $5,184,140

• 2014 · 990

  Revenue

  $325,631

  Expenses

  $663,113

  Assets (EOY)

  $4,754,110

• 2013 · 990

  Revenue

  $1,925,060

  Expenses

  $390,012

  Assets (EOY)

  $4,839,192

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $490,454

  Assets (EOY)

  $4,748,833

• 2009 · 990

  Revenue

  — not reported

  Expenses

  $671,529

  Assets (EOY)

  $4,430,737

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files