NonprofitsNhs Neighborhood Lending Services

Community Improvement & Capacity Building

Nhs Neighborhood Lending Services

LOS ANGELES, CA

Total revenue

$7.8M

Total expenses

$5.4M

Net assets

$32.1M

Grants received

$333K

1 grants

EIN

954646850

Tax year

2023

Mission

Nhs neighborhood lending services inc. (nls) mission is to serve as a catalyst for residents, business, and government representatives to work together to build stronger neighborhoods, improve the quality of life for low-to-moderate income families and to revitalize communities into neighborhoods of choice. Nls strengthens communities by developing and maintain quality affordable housing, creating and preserving affordable homeownership opportunities, supporting local leaders, providing financial education and increasing the financial independence of families and people in need.

Financials

FY 2023

Revenue

Contributions & grants$6.4M
Program service revenue$1.3M
Investment income
Other revenue$67K
Total revenue$7.8M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising$156K
Other expenses$3.6M
Total expenses$5.4M
Total assets$38.7M
Net assets$32.1M

People

12 listed

NameRoleCompensation

GLORIA TANG

SECRETARY/TREASURER

Board

1 hrs/wk

RIGOBERTO REYES

BOARD MEMBER

Board

1 hrs/wk

RON TURNER

VICE CHAIRPERSON (AS OF 02/01/24)

Board

1 hrs/wk

SAL MENDOZA

OUTGOING CHAIRMAN

Board

1 hrs/wk

STEVE HERMAN

CHAIRMAN (AS OF 2/1/24)

Board

1 hrs/wk

ZEEDA DANIELE

BOARD MEMBER

Board

1 hrs/wk

JAMES PRICE

CONTROLLER & CFO

Board

12 hrs/wk

LORI GAY

PRESIDENT & CEO

Board

14 hrs/wk

CONSTANCE ANDERSON

SENIOR VP & CHIEF DEVELOPMENT OFFICER

Staff

12 hrs/wk

JUANITA JIMENEZ

OPERATIONS MANAGER

Staff

16 hrs/wk

KIMBERLEY WOODS

AVP & SENIOR PROGRAM DIREC

Staff

14 hrs/wk

RHONDA MCMILLAN

VP & CCAO

Staff

8 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$333K
THE PATHWAY TO HOMEOWNERSHIP CLOSING COST ASSISTANCE GRANT PROGRAMHELPS FIRST-TIME HOMEBUYERS WHO ARE MEMBERS OF AN "UNDERSERVED COMMUNITY" BRIDGE THE AFFORDABILITY GAP BY PROVIDING THEM WITH UP TO$10,000IN CLOSING COST ASSISTANCE. EACH GRANT IS PROVIDED TO LOW-TO-MODERATE INCOME (120% AMI AND BELOW) FIRST-TIME HOMEBUYERS WHO UTILIZE THE SERVICES OF A CA REALTOR.
2022

Funded by

$333K from 1 funder · 1 grant · 2022

Car Housing Affordability Fund

$333K · 1 grant · 2022

Details

EIN954646850
NTEE codeS30
Subsection03
Ruling date1997-12
Formed1996
Employees0
Volunteers6
NHS NEIGHBORHOOD LENDING SERVICES — Mission, Financials & Grants Received | Grantivo