Neighborhood Housing Services of Queens Cdc Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Neighborhood Housing Services of Queens CDC is a HUD-certified non-profit counseling agency with over 28 years of housing and advisory services for local residents of Queens. Our mission is to preserve and revitalize underserved neighborhoods in Queens.
- Income
- $3.5 million
- Spending
- $2.9 million
- Spent on programs
- 91%
- Reserves
- 6.3 months of spending
- Largest source of income
- government grants, 76%
- Employees
- 15
- Volunteers
- 49
- Highest pay
- $203,626, executive director
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
Good: 83 out of 100. Higher than 65% of charities in its peer group (community improvement, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 6.3 months of spending.
Debt
10 of 20It owes 32% of what it owns.
Living within its means
15 of 15Income exceeded spending by 16% of income.
Income trend
15 of 15Income rose 49% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 1 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
Good: 85 out of 100. Higher than 39% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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 (1)
- $2.7 million spent. Our core programs are designed to promote housing stability, financial mobility, and economic empowerment for Queens residents and surrounding communities.Through our Housing Access and Affordability Services, we help individuals and families navigate the complex housing landscape. Our team provides hands-on assistance with NYC Housing Connect applications and advocates for clients seeking affordable housing opportunities. We offer HUD-certified First-Time Homebuyer Workshops in both English and Spanish, guiding participants through topics such as credit management, budgeting, mortgages, insurance, and the true costs of homeownership. In addition, our counselors assist clients in accessing down payment assistance programs at the city, state, and federal levels, and offer foreclosure prevention counseling for homeowners at risk of losing their homes-providing support with loan modifications and referrals to legal aid when needed.Our Financial Mobility Services focus on strengthening long-term financial well-being. Through personalized financial coaching, clients receive guidance to set financial goals, build budgets, and increase savings. We provide credit analysis and repair services, including soft credit pulls and tailored improvement plans to help participants qualify for rentals or mortgages. Clients also receive support in opening bank accounts, joining credit unions, and accessing matched savings programs. To enhance financial confidence in a digital age, we offer digital financial literacy workshops and one-on-one sessions that help participants safely manage online banking and avoid scams.Through our Workforce and Economic Empowerment initiatives, we connect community members to opportunities that foster economic independence. In partnership with the LaGuardia Career Center and other local providers, clients receive referrals for job training, rsum development, and employment placement. We also promote entrepreneurship through small business workshops and referrals for financial management support. Recognizing the diverse needs of our community, we provide language access and digital skills programs for limited-English speakers and older adults, ensuring they can fully participate in today's increasingly digital and financial systems.
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 October 13, 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 November 6, 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 October 13, 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 October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.