St Petersburg Neighborhood Housing Services Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO IMPROVE THE QUALITY OF LIFE IN TARGETED NEIGHBORHOODS THROUGH THE DEVELOPMENT OF AFFORDABLE HOUSING, THE PROMOTION OF HOMEOWNERSHIP, THE FOSTERING OF SAFE LIVING CONDITIONS AND THE STIMULATION OF RENEWED ECONOMIC INVESTMENT.
- Income
- $234,447
- Spending
- $586,029
- Spent on programs
- 85%
- Reserves
- -2.3 months of spending
- Largest source of income
- government grants, 94%
- Employees
- 17
- Highest pay
- $78,997, ceo (former)
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 17 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 78% of what it owns.
Living within its means
0 of 15Spending exceeded income by 150% of income.
Income trend
0 of 15Income fell 71% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100.
Independent board
25 of 2511 of 11 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
0 of 10Did not give 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.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 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 (1)
- $499,641 spent. THE MISSION OF ST PETERSBURG NEIGHBORHOOD HOUSING SERVICES (NHS) IS TO PROVIDE AFFORDABLE HOUSING AND HOMEOWNERSHIP SOLUTIONS FOR INDIVIDUALS AND FAMILIES. NHS IS A NON-PROFIT NEIGHBORHOOD REVITALIZATION AND COMMUNITY HOUSING DEVELOPMENT ORGANIZATION FORMED IN 1980. IT WAS ESTABLISHED TO STIMULATE REINVESTMENT IN BLIGHTED NEIGHBORHOODS THROUGH A WORKING PARTNERSHIP OF RESIDENTS, GOVERNMENT, THE BUSINESS COMMUNITY, LENDING INSTITUTIONS, AND KEY NATIONAL PARTNERS. NHS RELIES ON RESEARCH, USES MARKET STUDIES, CONDUCTS FOCUS GROUPS, INITIATES MODEL BLOCK PROJECTS, PROMOTES NEIGHBORHOOD ENHANCEMENT CAMPAIGNS TO COLLECT DATA, FASHION PROVEN STRATEGIES, IDENTIFY BEST PRACTICES, FOSTER PRIDE, AND BUILD ACTIVE INVOLVEMENT. NHS COLLABORATES WITH VARIOUS AGENCIES AND ORGANIZATIONS TO ACHIEVE STRATEGIC EDUCATIONAL, CULTURAL, AND ECONOMIC DEVELOPMENT GOALS RELATED TO ITS MISSION. THE ORGANIZATION PREDOMINATELY SERVES LOW TO MODERATE INCOME RESIDENTS OF THE COMMUNITY, ITS EDUCATION AND ADVOCACY PROGRAMS ARE AVAILABLE TO ALL RESIDENTS, REGARDLESS OF INCOME WHO SEEK ASSISTANCE. NHS IS AGGRESSIVELY ENGAGED ACTING AS AN ADVOCATE FOR DISTRESSED HOMEOWNERS TO MITIGATE FORECLOSURE ACTIONS. GOALS -BROADEN COMMUNITY AWARENESS AND CREDIBILITY OF OUR ORGANIZATION TO A LEVEL WHERE NHS IS WIDELY RECOGNIZED AS A RELIABLE COMMUNITY LEADER AND A CATALYST FOR CHANGE - EXPAND AND ENHANCE OUR HOMEBUYER AND HOMEOWNER ASSISTANCE PROGRAMS - INCREASE SERVICES TO HELP RESIDENTS ACCESS AND SUSTAIN QUALITY HOMEOWNERSHIP AND CREATE NEW, INNOVATIVE PROGRAMS TO OVERCOME THE HURDLES IMPOSED BY THE ECONOMY -ADAPT, DUE TO THE ECONOMY, ITS FINANCIAL EDUCATION AND HOME MANAGEMENT PROGRAMS IN ORDER TO REDUCE THE NUMBER OF FINANCIALLY FRAGILE HOUSEHOLDS -PROVIDE FORECLOSURE PREVENTION AND INTERVENTION EDUCATION TO KEEP FAMILIES IN THEIR HOMES AND PREVENT HOMELESSNESS -DEVELOP DIVERSE AND SUSTAINABLE REVENUE STREAMS SUFFICIENT TO MAINTAIN OUR FINANCIAL HEALTH AND VIABILITY. THE MISSION OF ST PETERSBURG NEIGHBORHOOD HOUSING SERVICES (NHS) IS TO PROVIDE AFFORDABLE HOUSING AND HOMEOWNERSHIP SOLUTIONS FOR INDIVIDUALS AND FAMILIES. NHS IS A NON-PROFIT NEIGHBORHOOD REVITALIZATION AND COMMUNITY HOUSING DEVELOPMENT ORGANIZATION FORMED IN 1980. IT WAS ESTABLISHED TO STIMULATE REINVESTMENT IN BLIGHTED NEIGHBORHOODS THROUGH A WORKING PARTNERSHIP OF RESIDENTS, GOVERNMENT, THE BUSINESS COMMUNITY, LENDING INSTITUTIONS, AND KEY NATIONAL PARTNERS. NHS RELIES ON RESEARCH, USES MARKET STUDIES, CONDUCTS FOCUS GROUPS, INITIATES MODEL BLOCK PROJECTS, PROMOTES NEIGHBORHOOD ENHANCEMENT CAMPAIGNS TO COLLECT DATA, FASHION PROVEN STRATEGIES, IDENTIFY BEST PRACTICES, FOSTER PRIDE, AND BUILD ACTIVE INVOLVEMENT. NHS COLLABORATES WITH VARIOUS AGENCIES AND ORGANIZATIONS TO ACHIEVE STRATEGIC EDUCATIONAL, CULTURAL, AND ECONOMIC DEVELOPMENT GOALS RELATED TO ITS MISSION. THE ORGANIZATION PREDOMINATELY SERVES LOW TO MODERATE INCOME RESIDENTS OF THE COMMUNITY, ITS EDUCATION AND ADVOCACY PROGRAMS ARE AVAILABLE TO ALL RESIDENTS, REGARDLESS OF INCOME WHO SEEK ASSISTANCE. NHS IS AGGRESSIVELY ENGAGED ACTING AS AN ADVOCATE FOR DISTRESSED HOMEOWNERS TO MITIGATE FORECLOSURE ACTIONS. GOALS -BROADEN COMMUNITY AWARENESS AND CREDIBILITY OF OUR ORGANIZATION TO A LEVEL WHERE NHS IS WIDELY RECOGNIZED AS A RELIABLE COMMUNITY LEADER AND A CATALYST FOR CHANGE - EXPAND AND ENHANCE OUR HOMEBUYER AND HOMEOWNER ASSISTANCE PROGRAMS - INCREASE SERVICES TO HELP RESIDENTS ACCESS AND SUSTAIN QUALITY HOMEOWNERSHIP AND CREATE NEW, INNOVATIVE PROGRAMS TO OVERCOME THE HURDLES IMPOSED BY THE ECONOMY -ADAPT, DUE TO THE ECONOMY, ITS FINANCIAL EDUCATION AND HOME MANAGEMENT PROGRAMS IN ORDER TO REDUCE THE NUMBER OF FINANCIALLY FRAGILE HOUSEHOLDS -PROVIDE FORECLOSURE PREVENTION AND INTERVENTION EDUCATION TO KEEP FAMILIES IN THEIR HOMES AND PREVENT HOMELESSNESS -DEVELOP DIVERSE AND SUSTAINABLE REVENUE STREAMS SUFFICIENT TO MAINTAIN OUR FINANCIAL HEALTH AND VIABILITY.
Source: Form 990 for the year ending September 30, 2025, 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 October 13, 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 September 2025.
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 October 1985.
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 October 21, 2026.
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