2018-02-15T14:01:00-06:00 2017-03-31 381357951 PLANTE & MORAN PLLC 10 S Riverside Plaza 9th Floor Chicago IL 60606 990 2016-04-01 237443009 NEIGHBORHOOD HOUSING SERVICES OF CHICAGO INC NEIG 7733294010 1279 N MILWAUKEE AVE CHICAGO IL 60622 ANJANETTE BROWN CHIEF FINANCIAL OFFICER 7733294010 2018-02-14 1 Kimberly A Haumann P00546491 3122071040 2018-02-14 67.59.56.30 2018-02-14 18:01:46 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 75C7EC6AC54A61BA087900A4F9B91D17BA572CD0 2016 2021-01-29 14:40:06Z ANJANETTE BROWN 1279 N MILWAUKEE AVE CHICAGO IL 60622 4129028 0 X WWW.NHSCHICAGO.ORG X 1975 IL NHS is a housing and community development organization that transforms neighborhoods through community building, counseling, education, policy, and - in partnership with its related entities - real estate development and lending. NHS' work is rooted in and informed by the needs of its targeted low- and moderate-income communities. 18 18 123 696 0 0 2012904 1583132 2305346 2401083 0 40 -47184 21880 4271066 4006135 189385 0 0 0 4133653 4242717 0 0 479418 752985 -34466 5076023 4208251 -804957 -202116 2253530 3380981 4545151 5874718 -2291621 -2493737 X NHS' mission is to create opportunities for people to live in affordable homes, improve their lives, and strengthen their neighborhoods. NHS deploys a suite of products, services, and strategies to fulfill its mission, primarily including:(I) Educating and preparing new homeowners for success, and sustaining homeownership through foreclosure intervention services, financial coaching, and educational workshops.(II) Connecting residents to available resources, such as home purchase and improvement loans, and public grant opportunities, to encourage the preservation, repair, and improvement of the supply of residential housing.(III) Developing and supporting resident leaders in targeted geographies.(IV) Building powerful and enduring community partnerships with and between community residents, government, financial institutions and private sector partners, and other community-based partners. 0 0 3259954 2402564 Neighborhood Housing Services of Chicago, Inc. (NHS) offers its products and services citywide in Chicago, with neighborhood-based offices in Auburn Gresham and Englewood; Chicago Lawn and Gage Park; North Lawndale; Roseland; and West Humboldt Park. Through its suburban offices in Elgin, IL and East Hazel Crest, IL, NHS serves the Kane County and south suburban Cook County. NHS also operates three place-based partnerships focused on special programs. Approximately 80% of NHS' clients are low to moderate income. NHS served over 4,900 households in FY 2017. NHS' counseling and education services provided classroom education to over 1,500 potential homebuyers and in person pre-purchase counseling to over 1,100 potential homebuyers. These programs were offered to potential homebuyers through NHS free 8-hour homebuyer curriculum (offered both in English and Spanish weekly) and online via EHome America; providing individual counseling and intervention services over 969 homeowners at risk of foreclosure. 93535 NHS' executive management team and the Innovation, Evaluation and Public Policy department works across NHS' business lines to craft new solutions to the ever-changing issues facing underinvested neighborhoods and low and moderate income communities in the Chicago region. NHS partners and staff are pioneering efforts to respond to neighborhood and regional issues and to anticipate future needs for NHS' target neighborhoods and customers. NHS converts the knowledge and experience gained through its daily work in the neighborhoods to new programs and public policy initiatives that can directly benefit those communities and the Chicago region. 3353489 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 25 0 1 123 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X ANJANETTE BROWN 7733294144 1279 N MILWAUKEE CHICAGO IL 60622 Beth Witczak chairperson 5.00 0.00 X X 0 0 0 ROB MCGHEE VICE CHAIRPERSON- Resource Development 5.00 0.00 X X 0 0 0 Allen A Rodriguez VICE PRESIDENT 4.00 1.00 X X 0 0 0 Matthew Roth TREASURER 5.00 0.00 X X 0 0 0 Betty Jo Swanson secretary 5.00 0.00 X X 0 0 0 Thomas Harazim treasurer (THRU 10/2016) 5.00 0.00 X X 0 0 0 Vicky Arroyo Director 5.00 0.00 X 0 0 0 Dr Michael Burnside Director 5.00 0.00 X 0 0 0 James Carr Director 5.00 0.00 X 0 0 0 steven casey Director 5.00 0.00 X 0 0 0 RAMON CEPEDA DIRECTOR 5.00 0.00 X 0 0 0 ANGELA HURLOCK Director 5.00 0.00 X 0 0 0 Abraham Lacy DIRECTOR 5.00 0.00 X 0 0 0 Bruce Martin Director 4.00 1.00 X 0 0 0 DON MEYER DIRECTOR 5.00 0.00 X 0 0 0 Andrew Mooney Director 5.00 0.00 X 0 0 0 Stephanie Seweryn Director 5.00 0.00 X 0 0 0 Tony Smith Director 5.00 0.00 X 0 0 0 William Towns Director 5.00 0.00 X 0 0 0 KRISTIN FAUST PRESIDENT 10.00 25.00 X 175991 0 4283 ANJANETTE BROWN CHIEF FINANCIAL OFFICER 10.00 25.00 X 138284 0 22136 JOEL BOSCH CHIEF OPERATING OFFICER 10.00 25.00 X 120835 0 0 ROBIN COFFEY CHIEF CREDIT OFFICER 10.00 25.00 X 93926 0 5761 529036 0 32180 3 0 1 0 WPC Properties 778 W Frontage Road Suite 124 Northfield IL 60093 Landlord / Property Manager 349105 IQ Technologies Inc 8130 W 111th Street Palos Hills IL 60465 IT Firm 224561 Mesirow Financial Services Inc 353 N Clark Street 400 Chicago IL 60654 Commercial Insurance Broker 202728 Plante & Moran PLLC 10 S Riverside Plaza 9th Floor Chicago IL 60606 Audit Firm 172575 4 293878 1289254 16740 1583132 CONTRACTUAL SERVICES 531390 2397175 2397175 SERVICING FEES 531390 3890 3890 LOAN PROCESSING FEES 531390 18 18 2401083 40 40 143292 293878 122893 20399 20399 Miscellaneous Revenue 531390 1481 1481 1481 4006135 2402564 0 20439 559716 559716 3006459 1522825 1192600 291034 395451 235597 108006 51848 281091 130538 126991 23562 1024 1024 167035 167035 110102 27763 14391 67948 176487 133218 7394 35875 326172 95774 201587 28811 339250 58811 274388 6051 154932 137447 -12363 29848 49584 21297 25518 2769 93386 32886 54922 5578 146789 146789 63341 63341 103207 30650 72557 Utilties and Telephone 221237 33199 188038 Temporary Help 127058 1352 125706 Bad Debt 60300 60300 allocation of affiliate -2347632 556638 -2769301 -134969 173262 65064 37135 71063 4208251 3353489 375344 479418 1071030 1752800 615417 1146236 50940 39029 231229 221343 1211735 990162 284914 221573 2253530 3380981 927107 2378366 524600 368796 2998966 3033078 94478 94478 4545151 5874718 X -2405503 -2577507 113882 83770 -2291621 -2493737 2253530 3380981 -202116 0 X 0 1 X 1 1 1 X 2403211 1746771 2744757 2122129 1301727 10318595 2403211 1746771 2744757 2122129 1301727 10318595 1529640 8788955 2 40 42 580979 115236 3469 41688 1481 742853 11061490 14389841 0.79460 0.78290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 151038 100817 50221 162387 162386 1 241938 76614 165324 656372 650345 6027 221573 program receipts payable 94478 94478 X 4144837 15809 122893 138702 4006135 0 4006135 4346953 15809 122893 138702 4208251 0 4208251 Part X, Line 2: NHS, NLS, NHSRC, and NHSFV are not-for-profit corporations and are exempt from tax under the provisions of Internal Revenue Code Section 501(c)(3). U.S. GAAP requires management to evaluate tax positions taken by these entities and recognize a tax liability if an entity has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. These entities are subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization's application of U.S. GAAP regarding uncertain tax positions had no effect on its financial position as management believes the Organization has no material unrecognized income tax benefits, including any potential loss of its tax-exempt status. The Organization would account for any potential interest or penalties related to possible future liabilities for unrecognized income tax benefits as income tax expense. Part XI, Line 2d - Other Adjustments: Special Events Expense 122,893. Part XII, Line 2d - Other Adjustments: Special Events Expense 122,893. Annual Awards Dinner 420155 288770 131385 75306 40069 METRO BOARD 17015 5108 11907 5512 2006 437170 293878 143292 80818 42075 122893 20399 X X X 0 0 0 0 0 0 0 0 0 KRISTIN FAUST PRESIDENT 175991 0 0 0 0 0 750 0 3533 0 180274 0 0 0 ANJANETTE BROWN CHIEF FINANCIAL OFFICER 138284 0 0 0 0 0 750 0 21386 0 160420 0 0 0 Form 990, Part VI, Section B, line 11b The organization's finance department and paid tax preparers are responsible for the preparation of the Form 990 and all required schedules. The Form 990 is reviewed by management and an electronic copy is provided to all board members prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all personnel and board members to sign a conflict of interest affidavit on an annual basis. The president of the board of directors will determine the appropriate course of action for all potential or actual conflicts of interest that may exist involving a board member. In the instance that a potential conflict of interest arises with a board member on an issue requiring a vote, the board member is required to disclose the conflict, and abstain from voting, and may be required by the president of the board to leave the room during the vote. The president will determine the appropriate course of action for all potential conflicts of interest involving the organization's employees. Form 990, Part VI, Section B, line 15 COMPENSATION FOR ALL OFFICERS IS SUBJECT TO A COMPARABILITY REVIEW BY THE HUMAN RESOURCES DIRECTOR AND DOCUMENTED ON A TIMELY BASIS. SALARY RANGES ON ALL POSITION CLASSIFICATIONS ARE REVIEWED BI-ANNUALLY BY THE HUMAN RESOURCES DIRECTOR. IN ADDITION, THE SALARY OF THE TOP MANAGEMENT OFFICIAL IS REVIEWED AND APPROVED BY THE INDEPENDENT BOARD OF DIRECTORS OF CHICAGO NEIGHBORHOOD HOUSING SERVICES ON AN ANNUAL BASIS DURING THE ORGANIZATION'S ANNUAL BUDGETING PROCESS. THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL WAS LAST REVIEWED AND APPROVED IN OCTOBER 2016. THE COMPENSATION FOR THE ORGANIZATION'S OTHER OFFICERS IS REVIEWED AND APPROVED BY THE PRESIDENT. THE PRESIDENT SIGNS A HIRING APPROVAL FORM FOR NEW HIRES TO APPROVE A NEW POSITION'S SALARY. A PAYROLL CHANGE FORM IS ALSO COMPLETED FOR NEW POSITIONS TO ENSURE THE EMPLOYEE IS ESTABLISHED IN THE PAYROLL PROCESSING SYSTEM ON A TIMELY BASIS. MERIT INCREASES FOR OTHER OFFICERS AND KEY EMPLOYEES ARE APPROVED BY THE EXECUTIVE DIRECTOR BY SIGNING A PAYROLL CHANGE FORM. THE DELIBERATIONS AND DECISION MAKING REGARDING THE DETERMINATION OF COMPENSATION ARE DOCUMENTED ON A TIMELY BASIS BY THE HUMAN RESOURCES DEPARTMENT. ANJANETTE BROWN (CHIEF FINANCIAL OFFICER), KRISTIN FAUST (PRESIDENT), AND JOEL BOSCH (CHIEF OPERATING OFFICER) DEVOTE THE FOLLOWING HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATIONS LISTED BELOW: 10 HOURS TO NEIGHBORHOOD HOUSING SERVICES OF CHICAGO, INC. (NHS) 10 HOURS TO NEIGHBORHOOD LENDING SERVICES, INC. (NLS) 10 HOURS TO NHS REDEVELOPMENT CORPORATION (NHSRC) 5 HOURS TO NHS OF THE FOX VALLEY (NHSFV) ROBIN COFFEY (CHIEF CREDIT OFFICER) DEVOTES THE FOLLOWING HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATIONS LISTED BELOW: 10 HOURS TO NEIGHBORHOOD HOUSING SERVICES OF CHICAGO, INC. (NHS) 25 HOURS TO NEIGHBORHOOD LENDING SERVICES, INC. (NLS) Form 990, Part VI, Section C, line 19 Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code (IRC) section 6104. With the exception of the financial statements, which are provided to funders, government agencies, and prospective donors, these documents are not available to the public at this time. Neighborhood Lending Services 1279 N Milwaukee Avenue Chicago IL 60622 363471392 Residential Mortgage IL 501(c)(3) Line 7 NEIGHBORHOOD HOUSING SERVICES OF CHICAGO 1 NHS Redevelopment Corporation 1279 N Milwaukee Avenue chicago IL 60622 363014600 Renovation and Construction IL 501(c)(3) Line 9 NEIGHBORHOOD HOUSING SERVICES OF CHICAGO 1 NHS of the Fox Valley 1279 N Milwaukee Avenue Chicago IL 60622 363133793 Community Development IL 501(c)(3) Line 7 NEIGHBORHOOD HOUSING SERVICES OF CHICAGO 1 Roseland Place Inc NFP 1279 N Milwaukee Avenue Chicago IL 60622 262330256 Community Development IL 501(c)(3) Line 7 NHS REDEVELOPMENT CORP 1 Roseland Village Inc NFP 1279 N Milwaukee Avenue chicago IL 60622 264723017 community Development IL 501(c)(3) Line 7 NHS REDEVELOPMENT CORP 1 701 N Central Associates LP 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 363419978 Property Rentals IL N/A N/A 4316 368550 0 1 0.01000 600 N Central Associates LP 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 363605756 Property Rentals IL N/A N/A 4031 440811 0 1 0.01000 East Garfield Limited Partnership 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 363678991 Property Rentals IL N/A N/A -141039 800450 0 1 0.01000 East Garfield Park II LP 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 363870459 Property Rentals IL NHS REDEVELOPMENT CORP RELATED -179624 1227852 0 1 1.00000 Pine Central LP 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 364055767 Property Rentals IL NHS REDEVELOPMENT CORP RELATED -277876 3114270 0 1 1.00000 Roseland Ridge LP 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 364223130 Property Rentals IL N/A N/A -68285 0 1 0.01000 Pine Race II LP 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 830348577 Property Rentals IL N/A N/A -28 285326 0 1 0.01000 South Chicago SA Associates 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 205891111 Property Rentals IL N/A N/A -20 3067460 0 1 0.00010 79th Street Limited Partnership 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 262330615 Property Rentals IL N/A N/A 35 378047 0 0 0.00010 Roseland SLF Associates LP 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 364547011 Property Rentals IL N/A N/A 27 53421 0 1 0.00010 South Chicago SLF Associates LP 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 201891444 Property Rentals IL N/A N/A 21 1454279 0 1 0.00010 PC AUSTIN LLC 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 364149095 Property Rentals IL NHS REDEVELOPMENT CORP N/A 24283 154761 0 1 1.00000 New Partnerships Inc 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 363054270 Property Rentals IL NHS Redevelopment Corporation C 20002 3003070 1.00000 0 Roseland Ridge Inc 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 364223129 Property Rentals IL NHS Redevelopment Corporation C 510407 1.00000 0 Pine Race II Inc 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 830348573 Property Rentals IL NHS Redevelopment Corporation C 17441 1.00000 0 NHS Roseland SLF Inc 1279 N Milwaukee Avenue 5th Floor chicago IL 60622 760768920 Development IL NHS Redevelopment Corporation C 49452 53421 1.00000 0 NHS South Chicago SLF Inc 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 763182160 Development IL NHS Redevelopment Corporation C 2116120 1.00000 0 NHS South Chicago SA Inc 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 611587714 Development IL NHS Redevelopment Corporation C 3067460 1.00000 0 NHS Wrightwood Inc 1279 N Milwaukee Avenue 5th Floor Chicago IL 60622 800361458 Development IL NHS Redevelopment Corporation C 378042 1.00000 0 NHSRC Initiatives 1279 N Milwaukee Avenue 5th Floor chicago IL 60622 262850045 Rehabilitation IL NHS Redevelopment Corporation C 124053 1477680 1.00000 0 Pine Central Inc 1279 N Milwaukee Avenue 5th Floor chicago IL 60622 364149093 Property Rentals IL NHS Redevelopment Corporation C 1.00000 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 NEIGHBORHOOD LENDING SERVICES O 1552390 FMV NHS REDEVELOPMENT CORPORATION O 413265 FMV NHS OF FOX VALLEY O 110353 FMV NHSRC INITIATIVES O 92168 FMV