Salt Lake Neighborhood Housing Services Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEIGHBORWORKS SALT LAKE BUILDS ON THE STRENGTHS OF NEIGHBORHOODS, CREATING OPPORTUNITIES THROUGH HOUSING,RESIDENT LEADERSHIP, AND YOUTH AND ECONOMIC DEVELOPMENT. WE WORK IN PARTNERSHIP WITH OUR RESIDENTS, GOVERNMENT,AND BUSINESSES TO BUILD AND SUSTAIN NEIGHBORHOODS OF CHOICE.
- Income
- $4.6 million
- Spending
- $3.6 million
- Spent on programs
- 73%
- Reserves
- 93.2 months of spending
- Largest source of income
- government grants, 33%
- Employees
- 24
- Volunteers
- 165
- Highest pay
- $292,690, executive director
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
Good: 86 out of 100. Higher than 78% of charities in its peer group (housing, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 93.2 months of spending.
Debt
16 of 20It owes 28% of what it owns.
Living within its means
15 of 15Income exceeded spending by 21% of income.
Income trend
5 of 15Income fell 16% on the year before.
Spending floor
15 of 1573% 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 70% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2517 of 17 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 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 (5)
- $1.4 million spent. HOME OWNERSHIP PRESERVATION AND PROMOTION - PROVIDES FINANCING FOR QUALIFIED FIRST-TIME HOMEBUYERS AND FOR HOME IMPROVEMENT AND CONSTRUCTION LOANS FOR PERSONS WHO ARE UNABLE TO OBTAIN FINANCING FROM TRADITIONAL SOURCES.
- $601,702 spent. THE AFFORDABLE HOUSING MISSION INVESTMENT FUND IS AN ENTERPRISE LEVEL LOAN FUND THAT LENDS MONEY TO EXEMPLARY RATED NEIGHBORWORKS ORGANIZATIONS ACROSS THE COUNTRY TO HELP PROMOTE AFFORDABLE AND SUSTAINABLE HOUSING, ECONOMIC DEVELOPMENT AND NEIGHBORHOOD REVITALIZATION. LOANS TYPICALLY RANGE FROM $250,000 TO $1,500,000 FOR APPROXIMATELY 5 YEARS AND CAN BE USED BY THE ORGANIZATION FOR FUNDING IN ONE OF THE ORGANIZATION'S LINES OF BUSINESS. THE LOAN IS NOT PROJECT BASED, BUT CAN BE SHIFTED FROM PROJECT TO PROJECT DURING THE LOAN PERIOD.
- $351,142 spent. COMMUNITY BUILDING AND ORGANIZING - PROVIDES COMMUNITY ORGANIZING AND OTHER ACTIVITIES THAT HELP RESIDENTS AND OTHER STAKE HOLDERS COME TOGETHER TO DEVELOP AND PROVIDE LEADERSHIP TO BUILD A STRONG COMMUNITY.
- $207,708 spent. COMMUNITY BASED ECONOMIC DEVELOPMENT - The CBED program is designed to strengthen economic opportunities for residents in Salt Lake Citys west-side neighborhoods. It focuses on supporting small businesses, workforce development,and financial empowerment to foster long-term community stability and growth.
- $79,642 spent. REAL ESTATE DEVELOPMENT - PROVIDES ACTIVITIES INVOLVED IN DEVELOPING RESIDENTIAL, COMMERCIAL, AND MULTI-FAMILY REAL ESTATE.
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
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 June 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 November 1978.
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.