Niagara Falls Neighborhood Housing Services Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
To aid in the preservation and stabilization of economic and aesthetic conditions in commercial and residential communities within a designated area of the city of Niagara Falls.
- Income
- $599,387
- Spending
- $891,024
- Spent on programs
- 83%
- Reserves
- -41.1 months of spending
- Largest source of income
- government grants, 62%
- Employees
- 7
- Volunteers
- 10
- Highest pay
- $182,000, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 229% of what it owns.
Living within its means
0 of 15Spending exceeded income by 49% of income.
Income trend
15 of 15Income rose 38% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (5)
- $139,665 spent. Home Ownership Services - The Organization provides pre-purchase education for potential homebuyers. One-on-one credit and budget counseling are provided to assist in the journey to homeownership. This includes the education, lending, and counseling components of the Organization's programs.This program is also supported by $66,783 of Government Grants.
- $137,833 spent. Residential Rehab - This program provides rehabilitation grants to customers who meet program eligibility requirements. Staff acts as a liaison between the customer and the contractor; assisting with the outline of home improvement needs, selecting a contractor, and monitoring progress throughout the project.This program is supported by $84,437 of Government Grants.
- $419,961 spent. Property Management - This program oversees the operation, control, and oversight of various properties and rental units. Management ensures both fiscal and property condition are continually maintained and monitored. This program is also supported by $183,163 of Government Grants.
- $11,142 spent. Lending - This program manages the organization's loan portfolio including collections, restructuring of loans, and counseling customers.
- $29,470 spent. Energy Services - The Organization provides energy related retrofit work on homes as a fee-for-service activity. Home Performance Audits are conducted to identify potential energy efficient upgrades.This program is also supported by $500 of Government Grants.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 September 7, 2026.
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 September 30, 2026.
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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1981.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 7, 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.