Overview

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Est.

1996

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

NHS Neighborhood Lending Services Inc (EIN: 95-4646850) is a nonprofit organization dedicated to economic development and rent and mortgage assistance, focusing on strengthening neighborhoods and improving the quality of life for low-to-moderate income families. With an operating budget of $5.4 million and total revenue of $7.8 million for the 2024 filing year, NLS aims to revitalize communities through affordable housing, financial education, and local leadership support. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission. For more information, visit www.nhslacounty.org.

Mission Statement

NHS NEIGHBORHOOD LENDING SERVICES INC. (NLS) MISSION IS TO SERVE AS A CATALYST FOR RESIDENTS, BUSINESS, AND GOVERNMENT REPRESENTATIVES TO WORK TOGETHER TO BUILD STRONGER NEIGHBORHOODS, IMPROVE THE QUALITY OF LIFE FOR LOW-TO-MODERATE INCOME FAMILIES AND TO REVITALIZE COMMUNITIES INTO NEIGHBORHOODS OF CHOICE. NLS STRENGTHENS COMMUNITIES BY DEVELOPING AND MAINTAIN QUALITY AFFORDABLE HOUSING, CREATING AND PRESERVING AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES, SUPPORTING LOCAL LEADERS, PROVIDING FINANCIAL EDUCATION AND INCREASING THE FINANCIAL INDEPENDENCE OF FAMILIES AND PEOPLE IN NEED.
Revenues
$7.8M
Expenses
$5.4M
Net Income:
+$2.4M
Assets
$38.7M
Liabilities
$6.6M
Net Assets:
+$32.1M
Operating Budget
$5.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$333.3K
Largest grant received
$333.3K
L
Lori R Gay
Board Member
G
Gloria Tang
Board Member
Z
Zeeda Daniele
Board Member

Frequently Asked Questions

What is NHS NEIGHBORHOOD LENDING SERVICES INC’s budget?
In 2024, NHS NEIGHBORHOOD LENDING SERVICES INC reported an annual operating budget of around $5.4 million. More detailed financial information is available to registered users.
What causes does NHS NEIGHBORHOOD LENDING SERVICES INC support?
NHS NEIGHBORHOOD LENDING SERVICES INC supports work in Rent and mortgage assistance and Economic development.
Where does NHS NEIGHBORHOOD LENDING SERVICES INC operate?
NHS NEIGHBORHOOD LENDING SERVICES INC is headquartered in LOS ANGELES, CA.
Who funded NHS NEIGHBORHOOD LENDING SERVICES INC recently?
In 2022, NHS NEIGHBORHOOD LENDING SERVICES INC received grants from CAR HOUSING AFFORDABILITY FUND and NEIGHBORHOOD HOUSING SERVICES OF LOS ANGELES COUNTY. More information on this organization’s funders is available to registered users.
What is the largest grant NHS NEIGHBORHOOD LENDING SERVICES INC received in 2022?
The largest grant to NHS NEIGHBORHOOD LENDING SERVICES INC in 2022 exceeds $333 thousand.
What is NHS NEIGHBORHOOD LENDING SERVICES INC’s reliance on government grants?
NHS NEIGHBORHOOD LENDING SERVICES INC relied on government grants for more than 50% of their total revenue in 2024.