Skip to the page content
Passes our checks

Neighborhood Housing Services of the South Shore Inc

EIN 04-2732439 · Quincy, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair50 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

NEIGHBORWORKS HOUSING SOLUTIONS PROVIDES NEIGHBORHOOD REVITALIZATION THROUGH PROMOTING, DEVELOPING AND MAINTAINING AFFORDABLE HOUSING IN SOUTHEASTERN MASSACHUSETTS

Income
$153.5 million
Spending
$145.5 million
Spent on programs
98%
Reserves
-0.4 months of spending
Largest source of income
fees for its services, 93%
Employees
149
Volunteers
0
Highest pay
$350,372, chief executive officer

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 50 out of 100. Higher than 45% of charities in its peer group (housing, over $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 65% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

  • Income trend

    15 of 15

    Income rose 23% on the year before.

  • Spending floor

    15 of 15

    98% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 32% of charities in its peer group (housing, over $100m).

  • Independent board

    25 of 25

    17 of 17 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $130.6 million spent. RENTAL ASSISTANCE INCLUDES THE FOLLOWING: SECTION 8 HOUSING VOUCHER AND OTHER SUBSIDY PROGRAMS THAT SERVE MORE THAN 3,000 DISABLED, ELDERLY, FORMERLY HOMELESS, AND OTHER INDIVIDUALS AND FAMILIES THROUGHOUT SOUTHEASTERN MASSACHUSETTS. CLIENT SERVICES INCLUDES SHORT TERM, LIMITED FINANCIAL ASSISTANCE, WHICH WILL ENABLE FAMILIES TO RETAIN HOUSING, OBTAIN NEW HOUSING OR OTHERWISE AVOID HOMELESSNESS. IT ALSO INCLUDES PROVIDING SHELTER IN DIFFERENT LOCATIONS FOR FAMILIES WHO HAVE BEEN VICTIMS OF DOMESTIC VIOLENCE.
  2. $4.2 million spent. PROPERTY MANAGEMENT INCLUDES THE FOLLOWING: REAL ESTATE OPERATIONS IS THE MANAGEMENT OF PROPERTIES NWHS ACQUIRED, INCLUDING ITS WHOLLY OWNED LIMITED PARTNERSHIPS. THESE EFFORTS ARE AIMED AT ENSURING THAT THE PROPERTIES MEET THE NEEDS OF THEIR LOW TO MODERATE-INCOME RESIDENTS AS WELL AS MAINTAINING THE FINANCIAL VIABILITY OF THESE PROPERTIES IN THE FUTURE.
  3. $5.8 million spent. REAL ESTATE DEVELOPMENT INCLUDES THE FOLLOWING: THE DEVELOPMENT PROGRAM USES FUNDS OBTAINED FROM VARIOUS GOVERNMENT ENTITIES ALONG WITH FUNDS FROM LOCAL MUNICIPALITIES, FOUNDATIONS AND FINANCIAL INSTITUTIONS TO ACQUIRE AND DEVELOP AFFORDABLE HOUSING ON THE SOUTH SHORE.
  4. $2.5 million spent. OTHER PROGRAMS INCLUDES THE ORGANIZATION'S AFFORDABLE HOUSING LENDING PROGRAMS AND ITS EDUCATION AND COUNSELING SERVICES

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1981.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.