NonprofitsNeighborhood Housing Services Of Waco Inc

Housing & Shelter

Neighborhood Housing Services Of Waco Inc

WACO, TX

Total revenue

$1.9M

Total expenses

$1.7M

Net assets

$7.5M

Grants received

$6.4M

9 grants

EIN

742681649

Tax year

2023

Mission

Build stronger neighborhoods through homeownership and other quality housing opportunities.

Programs

4 programs

Real estate development - through their outreach projects, neighborworks seeks to create outlets to mobilize volunteers, beautify neighborhoods, unite communities, and celebrate resident involvement. Also provides best-of practices and training to local emerging and established leaders in the community. Neighborworks has been developing affordable housing since 1997. Both new construction and single family rehab is available. Four single family home projects were completed in fiscal year 2024.

Expenses: $173K

Lending - neighborworks offers competitive mortgage products for first mortgages and down payment & closing cost assistance at low interest rates. Also offers a refinance product to help reduce monthly mortgage payments. The organization counseled with 381 families through the onsite and online education course, completed loans for 7 families and 33 additional counseled families purchased homes without lending assistance from the organization.

Expenses: $302K

Counseling and education

Expenses: $144K

Community services

Expenses: $46K

Financials

FY 2023

Revenue

Contributions & grants$397K
Program service revenue$436K
Investment income$88K
Other revenue$964K
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$882K
Fundraising
Other expenses$821K
Total expenses$1.7M
Total assets$16.6M
Net assets$7.5M

People

17 listed

NameRoleCompensation

ROY NASH

PRESIDENT, CEO

Board

$181K

40 hrs/wk

DELISA BURNELL-SMITH

VICE PRESIDENT, COO

Board

$127K

40 hrs/wk

KAREN SAUCEDO

CFO

Board

$105K

40 hrs/wk

PHILLIP PRINCE

BOARD TREASURER

Board

0

DELFINA VELASQUEZ

EXECUTIVE COMMITTEE

Board

0

ELTON HALL

EXECUTIVE COMMITTEE

Board

0

CHRIS GUTIERREZ

EXECUTIVE COMMITTEE

Board

0

OSCAR CHOMBO

DIRECTOR

Board

0

LINDA WEAVER

BOARD CHAIR

Board

0

JIM LAMBERT

DIRECTOR

Board

0

JEAN ANN HOOVER

DIRECTOR

Board

0

JIM SMITH

DIRECTOR

Board

0

JOHN BOGGS

DIRECTOR

Board

0

HARRISON GRAY

DIRECTOR

Board

0

CONNIE LOZANO

DIRECTOR

Board

0

SCOTT WILLIAMS

BOARD VICE CHAIR

Board

0

PAT NOWOTNY

BOARD SECRETARY

Board

0

Independent contractors

FLAT CREEK CONSTRUCTION

CONSTRUCTION LABOR/MATERIALS

$119K

Grants received

Showing 9 of 9

FromAmountPurposeYear
$728K
HOMEOWNERSHIP PROMOTION
2023
$3.6M
HOMEOWNERSHIP PROMOTION
2022
$245K
EXPENDABLE GRANTS
2017

Funded by

$6.4M from 2 funders · 9 grants · 2017–2023

Avenue Community Development Corporation

$4.4M · 2 grants · 2022–2023

Neighborhood Reinvestment Corporation

$2.0M · 7 grants · 2017–2023

Details

EIN742681649
NTEE codeL20Z
Subsection03
Ruling date1994-02
Formed1993
Employees10
Volunteers40
NEIGHBORHOOD HOUSING SERVICES OF WACO INC — Mission, Financials & Grants Received | Grantivo