Neighborhood Housing Services Of Duluth Inc
- Assets
- $6.8m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 01/1985
- Data as of
- 12/2021
- EIN
- 41-1465688
Organization Overview
Neighborhood Housing Services Of Duluth Inc is located in Duluth, MN. The organization was established in 1985. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood Housing Services Of Duluth Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ONE ROOF COMMUNITY LENDING'S MISSION IS TO PROVIDE FINANCING THAT WILL HELP PEOPLE OF LOWER INCOME FIND, PURCHASE, AND FIX THEIR HOMES, FOR BOTH SINGLE FAMILY HOMES AS WELL AS RENTAL HOUSING SITUATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINGLE FAMILY HOME LENDING: HOME OWNERSHIP PRESERVATION THROUGH A VARIETY OF BELOW MARKET RATE HOME RENOVATION LENDING PRODUCTS TO REVITALIZE OUR COMMUNITY'S AGING HOUSING STOCK AND ENSURE THE SUCCESS OF OUR LOWER INCOME HOMEOWNERS. ONE ROOF ALSO PROVIDES PURCHASE ASSISTANCE LOANS FOR INCOME QUALIFIED BUYERS WHO HAVE ATTENDED HOMEBUYER EDUCATION CLASSES AND PURCHASING WITHIN 30 MILES OF DULUTH. AND, ON BEHALF OF THE CITY OF SUPERIOR, WISCONSIN, ONE ROOF PROVIDES DEFERRED LOANS TO INCOME ELIGIBLE HOUSEHOLDS IN THAT COMMUNITY AS WELL. ONE ROOF'S LENDING SERVICES CAN BE ACCESSED VIA ITS WEBSITE OR IN PERSON AT ITS OFFICE. IN 2021 ONE ROOF REHABBED 52 HOMES AND DEPLOYING $2.3 MILLION IN AFFORDABLE HOME PRODUCTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanine Dahl Secretary | OfficerTrustee | 1 | $0 |
Gary Eckenberg President | OfficerTrustee | 1 | $0 |
Joel Tracey Vice President | OfficerTrustee | 1 | $0 |
Jeff Corey Executive Director | Officer | 1 | $0 |
Vickie Hartley Finance Director | Officer | 1 | $0 |
Brian Murphy Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $911,077 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,972 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $918,049 |
| Total Program Service Revenue | $322,455 |
| Investment income | $101 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,241,282 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $153,224 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,305 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $311,641 |
| Pension plan accruals and contributions | $18,307 |
| Other employee benefits | $43,125 |
| Payroll taxes | $23,813 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,500 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,617 |
| Advertising and promotion | $50,888 |
| Office expenses | $41,221 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,234 |
| Travel | $5,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $77,820 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,628 |
| All other expenses | $2,913 |
| Total functional expenses | $857,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,532 |
| Savings and temporary cash investments | $1,577,869 |
| Pledges and grants receivable | $66,669 |
| Accounts receivable, net | $84,167 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,908,190 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $380 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,840,807 |
| Accounts payable and accrued expenses | $36,532 |
| Grants payable | $0 |
| Deferred revenue | $1,347,518 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $11,391 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,469,071 |
| Unsecured mortgages and notes payable | $52,362 |
| Other liabilities | $416,695 |
| Total liabilities | $4,333,569 |
| Net assets without donor restrictions | $1,559,891 |
| Net assets with donor restrictions | $947,347 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,840,807 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Neighborhood Housing Services Of Duluth Inc has recieved totaling $334,300.
| Awarding Organization | Amount |
|---|---|
Neighborhood Reinvestment Corp Washington, DC PURPOSE: GENERAL SUPPORT | $334,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spire Credit Union Falcon Heights, MN | $1,948,614,361 | $81,305,193 |
Serveminnesota Minneapolis, MN | $9,195,680 | $42,573,491 |
Arrowhead Economic Opportunity Agency Incorporated Virginia, MN | $33,957,216 | $39,136,123 |
Minnesota Valley Action Council Inc Mankato, MN | $12,018,161 | $29,353,976 |
Tri-Valley Opportunity Council Inc Crookston, MN | $15,068,505 | $26,983,244 |
United Community Action Partnership Inc Marshall, MN | $18,347,423 | $25,415,099 |
Des Moines Performing Arts Des Moines, IA | $53,428,793 | $29,638,099 |
Community Action Of Eastern Iowa Davenport, IA | $4,145,446 | $19,807,458 |
Mahube-Otwa Community Action Partnership Inc Detroit Lakes, MN | $6,691,451 | $20,228,935 |
Upper Des Moines Opportunity Inc Graettinger, IA | $5,376,639 | $17,208,548 |
Community Action Agency Of Siouxland Sioux City, IA | $5,735,581 | $15,017,682 |
Mid-Iowa Community Action -Mica- Incorporated Marshalltown, IA | $3,849,705 | $14,587,976 |