2023-09-28T14:10:33-05:00 2022-12-31 232415973 HERBEIN COMPANY INC 2763 CENTURY BOULEVARD READING PA 19610 990 2022-01-01 232066952 NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS INC NEIG 6103728433 213 N FIFTH STREET READING PA 19601 STEPHEN T GIERINGER CEO 6103728433 2023-09-27 1 STEPHEN GIERINGER 999009999 1 MARYBETH C OLREE CPA P01649853 6103781175 2023-09-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN T GIERINGER 213 N FIFTH STREET READING PA 19601 6738211 0 X WWW.NHSGREATERBERKS.ORG X 1979 PA TO FACILITATE AND PROVIDE AFFORDABLE HOUSING PROGRAMS AND INITIATIVES FOR ALL PEOPLE 15 15 24 19 0 0 2621278 1943377 1825670 4767729 781 -17193 0 0 4447729 6693913 0 0 0 0 959810 1394489 0 0 22793 2335156 4836609 3294966 6231098 1152763 462815 17832332 17697361 10477767 9941583 7354565 7755778 X THE MISSION OF NEIGHBORHOOD HOUSING SERVICE OF GREATER BERKS IS TO FACILITATE AND PROVIDE AFFORDABLE HOUSING PROGRAMS AND INITIATIVES THAT WILL EXPAND HOMEOWNERSHIP OPPORTUNITIES FOR ALL THE PEOPLE OF BERKS COUNTY, ESPECIALLY LOW TO MODERATE INCOME FAMILITES, AND WILL CONTRIBUTE TO THE REVITALIZATION OF OUR NEIGHBORHOODS AND THE GREATER COMMUNITY. 0 0 357460 565878 REAL ESTATE AND REHABILITATION:THE ORGANIZATION SEEKS TO REMOVE BLIGHTED PROPERTIES THROUGH PURCHASE AND RENOVATION, WITH SUBSEQUENT RESALE TO FIRST TIME HOMEBUYERS. IN ADDITION, THE ORGANIZATION ACTS AS A CONSULTANT TO PROVIDE ADMINISTRATION OF REHABILITATION PROGRAMS RUN BY OTHER ENTITIES. REAL ESTATE AND REHABILITATION CONSTRUCTS NEW AFFORDABLE HOMES ON A SCATTERED SITE BASIS OUTSIDE THE CITY FOR FIRST-TIME HOMEOWNERS AND PROVIDES TECHNICAL ASSISTANCE TO THE HOME REPAIR PROGRAMS.2022 PROGRAM ACCOMPLISHMENTS: WE PROVIDED 32 LOANS FOR HOME IMPROVEMENTS VIA OUR MY LIFE PROGRAM TOTALING $1,143,000. 5567817 4201851 HOME OWNERSHIP CENTER: THE ORGANIZATION OFFERS ASSISTANCE THROUGH A VARIETY OF PROGRAMS TO CLIENTS WHO ARE PREPARING TO BECOME HOMEOWNERS, AND OFFERS SEVERAL TYPES OF LOANS TO ASSIST FIRST-TIME HOMEBUYERS. THE PROGRAMS INCLUDE LENDING FOR HOME PURCHASE ASSISTANCE AND HOME REPAIRS, HOMEBUYER EDUCATION, AND BUDGET AND CREDIT COUNSELING.2022 PROGRAM ACCOMPLISHMENTS: THE HOMEOWNERSHIP CENTER VIA NHS ASSISTED 182 FAMILIES BUY THEIR FIRST HOME, LENDING $2,138,860 IN DOWN PAYMENT AND CLOSING COST ASSISTANCE LOANS. SEE SCHEDULE O FOR ADDITIONAL PROGRAM ACCOMPLISHMENTS. 372 INDIVIDUALS BENEFITED FROM THE FASTRACK HOMEBUYER EDUCATION WORKSHOPS AND 340 CLIENTS RECEIVED ONE-ON-ONE COUNSELING COVERING TOPICS SUCH AS: PRE-PURCHASE, PRE-CLOSING AND BUDGET/CREDIT COUNSELING (NOT INCLUDING FORECLOSURE SERVICES). THE TOTAL NHS LOAN PORTFOLIO REMAINED STRONG RELATIVE TO THE NATIONAL ECONOMY DESPITE THE LARGE NUMBERS OF PAST DUE LOANS. 58 LOANS WERE PAST DUE AS OF DECEMBER 31, 2022 OUT OF A TOTAL PORTFOLIO OF 837 LOANS. 6926 NEIGHBORHOOD BUILDING: THE ORGANIZATION PROVIDES A NUMBER OF NEIGHBORHOOD-BASED INITIATIVES DESIGNED TO EMPOWER THE RESIDENTS TO CONTROL THEIR ENVIRONMENT INCLUDING ASSISTANCE IN RUNNING RESIDENT MEETINGS, PROVIDING RESOURCES, AND LEADERSHIP TRAINING. THEY ASSIST THE COMMUNITY IN GATHERING VOLUNTEERS FOR CLEAN-UPS AND REPAIR EFFORTS SUCH AS OPERATION RENOVATION. 5932203 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X THE ORGANIZATION 6103728433 213 N FIFTH STREET READING PA 19601 MARISOL TORRES PRESIDENT 5.00 5.00 X X 0 0 0 ERIKA HOFFMAN VICE PRESIDENT 5.00 5.00 X X 0 0 0 BETH BOWERS ESQUIRE SECRETARY 5.00 5.00 X X 0 0 0 TURIE SOTZIN TREASURER 5.00 5.00 X X 0 0 0 GLENN KEY AT LARGE MEMBER 5.00 5.00 X X 0 0 0 JOHN SCHMOYER DIRECTOR 1.00 1.00 X 0 0 0 FRANK DENBOWSKI DIRECTOR 1.00 1.00 X 0 0 0 EDGAR CORTEZ DIRECTOR 1.00 1.00 X 0 0 0 FRANK DIMAIO DIRECTOR AS OF MAY 2022 1.00 1.00 X 0 0 0 ERICA WENNELL DIRECTOR 1.00 1.00 X 0 0 0 VICKI IDE DIRECTOR 1.00 1.00 X 0 0 0 JUDY VAS KORLIS DIRECTOR 1.00 1.00 X 0 0 0 AARON BOOTH DIRECTOR 1.00 1.00 X 0 0 0 DR JOSEPH AMPRY DIRECTOR THRU APRIL 2022 1.00 1.00 X 0 0 0 JUAN ZABALA DIRECTOR 1.00 1.00 X 0 0 0 MARLENE BOYD DIRECTOR THRU APRIL 2022 1.00 1.00 X 0 0 0 LUCY CORTEZ DIRECTOR EMERITUS THRU APRIL 2022 1.00 5.00 X 0 0 0 PAMELA SHENK DIRECTOR THRU APRIL 2022 1.00 1.00 X 0 0 0 RAQUEL J CAPELLAN DIRECTOR AS OF MAY 2022 1.00 1.00 X 0 0 0 STEPHEN T GIERINGER CEO, ASSISTANT TREASURER 20.00 20.00 X 132874 0 22196 132874 0 22196 1 0 1 0 0 1742324 201053 1943377 LIFT PROGRAM 624100 3788427 3788427 MORTGAGE INTEREST 624100 413424 413424 FEE REVENUE 624100 400126 400126 REHABBED PROPERTY SALE 624100 165000 165000 ESCROW/ADMIN FEES 624100 752 752 4767729 27105 27105 44298 -44298 -44298 -44298 6693913 4767729 0 -17193 155069 98476 40318 16275 977629 952203 25426 167760 163272 4488 94031 87776 5078 1177 4504 3378 1126 43243 32432 10811 6127 6127 248724 186543 62181 22505 359 21021 1125 36434 27327 7383 1724 42414 31811 10603 79350 64759 14591 49832 2787 44553 2492 256847 256847 21305 17138 4167 3220 3220 LIFT PROGRAM EXPENSE 3465000 3465000 COST OF PROPERTY SOLD 322857 322857 OK PROGRAM EXPENSE 141081 141081 FORECLOSURE EXPENSES 48553 48553 44613 29604 15009 6231098 5932203 276102 22793 4385907 1374772 1047207 1840498 204726 346314 7952311 9909470 34872 39408 222243 121824 116132 100419 4091177 4086480 17832332 17697361 291398 332965 24869 39702 7150867 8410667 298305 48803 2712328 1109446 10477767 9941583 X 7301865 7532951 52700 222827 7354565 7755778 17832332 17697361 462815 -61602 0 X X 0 1 X 1 1 1 X 1798981 1227720 2433741 2621278 1943377 10025097 305951 1142339 3104904 1825670 4767729 11146593 2104932 2370059 5538645 4446948 6711106 21171690 0 0 0 21171690 4271 3320 15739 781 27105 51216 4271 3320 15739 781 27105 51216 2109203 2373379 5554384 4447729 6738211 21222906 0.99760 0.99840 0.00240 0.00160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 108483 37162 71321 32942 25320 7622 80818 59342 21476 100419 PROPERTIES HELD FOR RESALE 296125 DUE FROM RELATED PARTY 3448784 RIGHT-OF-USE OPERATING LEASE 328267 RIGHT-OF-USE FINANCE LEASE 13304 4086480 LOAN FUNDS HELD FOR DISTRIBUTION 756412 REPAIR ESCROWS PAYABLE 6477 OPERATING LEASE LIABILITY 333184 FINANCE LEASE LIABILITY 13373 1109446 X 6626184 -61602 -61602 6687786 6127 6127 6693913 6224971 0 6224971 6127 6127 6231098 PART IV, LINE 2B: HOME REPAIR ESCROWS HELD PART X, LINE 2: IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS RELATIVE TO UNRELATED BUSINESS INCOME, IF ANY, AS REQUIRED. X X 0 0 0 0 0 0 0 0 0 STEPHEN T GIERINGER CEO, ASSISTANT TREASURER 132874 0 0 0 0 0 0 0 22196 0 155070 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MORTGAGE BANKS ARE REPRESENTED ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE AND THEN FORWARDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE NHS ORGANIZATIONAL CODE OF CONDUCT AND COMPLIANCE IS REVIEWED ANNUALLY AND WITH THE ADDITION OF NEW BOARD MEMBERS. NEW BOARD MEMBERS AND ALL EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A "CONFLICT OF INTEREST CLEARANCE & DISCLOSURE" FORM AS A CONDITION OF EMPLOYMENT/BOARD MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 15 THE CEO IS THE ONLY OFFICER/KEY EMPLOYEE IN NHS. HIS COMPENSATION IS DETERMINED BY: - COMPARISON (USING GUIDE STAR) WITH COMPENSATION LEVELS AT OTHER NON-PROFIT ORGANIZATIONS WITH COMPARABLE REVENUE AND COMPLEXITY, IN ECONOMICALLY SIMILAR GEOGRAPHIC AREAS. - ANNUAL PERFORMANCE AND COMPENSATION REVIEW BY BOARD OF DIRECTORS, AS SPECIFIED IN ORGANIZATION BY-LAWS. - REVIEW OF COMPENSATION LEVELS FOR THE COMPARABLE POSITION IN SIMILAR SIZE NEIGHBORWORKS ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION COMPLIES WITH PUBLIC INSPECTION REQUIREMENTS BY MAKING FORMS AVAILABLE ON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS MADE AVAILABLE ON REQUEST AS APPROVED BY THE EXECUTIVE DIRECTOR OR BOARD CHAIR. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR. PENNSYLVANIA HOME LENDING COLLABORATIVE INC 213 N FIFTH STREET READING PA 19601 472605170 PROVIDING AFFORDABLE FINANCIAL ASSISTANCE FOR HOMEOWNERS PA 501(C)(3) 170(B)(1)(A)(VI) NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS INC 0 NEIGHBORHOOD HOUSING SERVICES OF THE LEHIGH VALLEY 213 N FIFTH STREET READING PA 19601 232162606 FACILITATE AND PROVIDE AFFORDABLE HOUSING PROGRAMS AND INITIATIVES PA 501(C)(3) 170(B)(1)(A)(VI) NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS INC 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PENNSYLVANIA HOME LENDING COLLABORATIVE INC D 2871660 AMOUNT ADVANCED NEIGHBORHOOD HOUSING SERVICES OF THE LEHIGH VALLEY D 577124 AMOUNT ADVANCED