2023-09-28T14:10:33-05:00 2022-12-31 232415973 HERBEIN COMPANY INC 2763 CENTURY BOULEVARD READING PA 19610 990 2022-01-01 232162606 NEIGHBORHOOD HOUSING SERVICES OF THE LEHIGH VALLEY INC NEIG 6104374571 213 N 5TH STREET READING PA 19601 STEPHEN GIERINGER EXECUTIVE DIRECTOR 6104374571 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 X STEPHEN GIERINGER 213 N 5TH STREET READING PA 19601 86685 0 X WWW.NHSLV.ORG X 1980 PA TO FACILITATE AND PROVIDE AFFORDABLE HOUSING PROGRAMS AND INITIATIVES FOR ALL PEOPLE 15 15 0 19 0 0 55 0 39173 40522 0 46000 0 163 39228 86685 0 0 0 0 34899 0 0 0 855 -263207 102279 -228308 102279 267536 -15594 922503 783707 614176 490974 308327 292733 X TO INCREASE THE FINANCIAL STABILITY OF FAMILIES AND INDIVIDUALS BY PROVIDING PROGRAMS AND SERVICES THAT CREATE AND PRESERVE OPPORTUNITIES FOR HOMEOWNERSHIP AND DECENT, SAFE AND AFFORDABLE HOUSING. 0 0 99715 40522 AFFORDABLE HOUSING AND HOME OWNERSHIP PROGRAM: NHS OF THE LEHIGH VALLEY DISTRIBUTES PROGRAM INFORMATION AND ADMINISTERS THE HOME OWNERSHIP OUTREACH PROGRAM (HOOP) IN THE CITY OF ALLENTOWN, CITY OF BETHLEHEM, CITY OF EASTON, AND LEHIGH AND NORTHAMPTON COUNTY. THE STAFF QUALIFIES APPLICANTS FOR THIS HOMEBUYER MORTGAGE PROGRAM. NHS OF THE LEHIGH VALLEY FACILITATES AND ORIGINATES SOFT SECOND AND/OR THIRD LEINS AGAINST THE PROPERTY TO SECURE THE REPAYABLE LOAN AND/OR THE FORGIVABLE LOAN IN THE CITY OF ALLENTOWN AND LEHIGH COUNTY. THESE FUNDS ARE USED SPECIFICALLY TO ASSIST WITH DOWN PAYMENT AND CLOSING COSTS FOR FIRST TIME HOMEBUYERS THAT FALL WITHIN THE APPROVED LOW-TO-MODERATE HUD INCOME GUIDELINES. 2022 PROGRAM ACCOMPLISHMENTS: WE ADMINISTERED 1 FORGIVABLE LOAN FOR A TOTAL OF $2,800 FOR FIRST-TIME HOME-BUYERS PURCHASING HOMES IN THE CITY OF ALLENTOWN OR LEHIGH COUNTY. OUR TOTAL LOAN PORTFOLIO REMAINED STRONG RELATIVE TO THE NATIONAL ECONOMY DESPITE THE LARGE NUMBER OF PAST DUE LOANS. 6 LOANS WERE PAST DUE AS OF DECEMBER 31, 2022 OUT OF A TOTAL PORTFOLIO OF 102 LOANS. FINANCIAL COUNSELING AND EDUCATION SERVICES: NHS OF THE LEHIGH VALLEY PROVIDES FINANCIAL COUNSELING AND/OR REFERRALS FOR CONSUMERS WITH BUDGET, CREDIT, OR HOME OWNERSHIP NEEDS. INFORMATION IS PROVIDED ON THE VARIETY OF LOAN PROGRAMS AVAILABLE THROUGH LOCAL MUNICIPALITIES AND OTHER AGENCIES. CREDIT COUNSELING IS OFFERED TO ALL RESIDENTS WITHIN THE LEHIGH VALLEY. OTHER EDUCATIONAL NEEDS ARE REFERRED TO APPROPRIATE SOCIAL SERVICE AGENCIES. 99715 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X THE ORGANIZATION 6104374571 213 N 5TH STREET READING PA 19601 MARISOL TORRES PRESIDENT 5.00 5.00 X X 0 0 0 FRANK DIMAIO DIRECTOR AS OF MAY 2022 1.00 1.00 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 PAMELA SHENK DIRECTOR THRU APRIL 2022 1.00 1.00 X 0 0 0 EDGAR CORTEZ DIRECTOR 1.00 1.00 X 0 0 0 ERIKA HOFFMAN VICE PRESIDENT 5.00 5.00 X 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 FRANK DENBOWSKI DIRECTOR 1.00 1.00 X 0 0 0 LUCY CORTEZ DIRECTOR EMERITUS THRU APRIL 2022 1.00 5.00 X 0 0 0 RAQUEL J CAPELLAN DIRECTOR AS OF MAY 2022 1.00 1.00 X 0 0 0 STEPHEN GIERINGER CEO, ASSISTANT TREASURER 20.00 20.00 X 0 132874 22196 0 132874 22196 0 0 1 0 0 MORTGAGE INTEREST 624100 30686 30686 FEE REVENUE 624100 9836 9836 40522 46000 0 46000 46000 46000 MISCELLANEOUS 900099 163 163 163 86685 40685 0 46000 600 510 60 30 6535 5555 654 326 45 38 4 3 646 549 64 33 67 57 7 3 2922 2484 292 146 2040 1734 204 102 1381 1174 138 69 FORECLOSURE LOSS/EXPENS 83838 83838 EQUIPMENT MAINTENANCE 2859 2430 286 143 MORTGAGE PROCESSING 712 712 HOME OWNERSHIP ASSISTAN 574 574 60 60 102279 99715 1709 855 63958 216606 6565 809150 560536 832 0 48563 922503 783707 5820 4794 4265 10836 604091 475344 614176 490974 X -88931 -104525 397258 397258 308327 292733 922503 783707 -15594 0 X X 0 1 X 1 0 X 7112 45099 86000 55 138266 7112 45099 86000 55 138266 138266 754 754 163 163 139183 313108 0.99340 0.99480 X 0 DUE TO RELATED PARTY 475344 475344 X 86685 0 86685 0 86685 102279 0 102279 0 102279 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. 0 0 0 0 0 0 0 0 0 STEPHEN GIERINGER CEO, ASSISTANT TREASURER 0 132874 0 0 0 0 0 0 0 22196 0 155070 0 0 PART I, LINE 1A NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS, INC. USES COMPARISON TO SIMILAR ORGANIZATIONS' 990S AND APPROVAL FROM THE BOARD TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION. PART I, LINE 3 NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS, INC. USES COMPARISON TO SIMILAR ORGANIZATIONS' 990S AND APPROVAL FROM THE BOARD TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, PERSONS EITHER EMPLOYED OR IN LEADERSHIP ROLES AS VOLUNTEERS OR INDEPENDENT CONTRACTORS, OTHER EMPLOYEES OR AGENTS AND MEMBERS OF ALL COMMITTEES SHALL SIGN A CERTIFICATION WHICH ANNUALLY AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION WITH FEDERAL TAX EXEMPT STATUS AND IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ITS TAX EXEMPT PURPOSE. IT IS THE DUTY OF THE INDIVIDUAL TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. IF THE EXECUTIVE COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, IT SHALL INFORM THE INDIVIDUAL OF THE BASIS FOR SUCH BELIEVE AND AFFORD THE INDIVIDUAL AN OPPORTUNITY TO EXPLAIN THE ALLEDGED FAILURE TO DISCLOSE. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL PERFORMANCE REVIEW IS CONDUCTED BY THE EXECUTIVE COMMITTEE OF THE NHS BOARD OF DIRECTORS, INCLUDING SALARY INCREASES, AND THE BOARD PRESIDENT MEETS WITH THE EXEUCTIVE DIRECTOR TO DISCUSS THE REVIEW. ALL OTHER NHS EMPLOYEE'S ANNUAL REVIEWS ARE COMPLETED BY THE EXECUTIVE DIRECTOR, INCLUDING SALARY INCREASES, AND ARE DISCUSSED WITH THE EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART V, LINES 1A AND 2A FORMS W-3 AND 1096 ARE FILED UNDER THE RELATED ENTITY NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS, INC.; EIN: 23-2066952. NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS INC 213 N FIFTH STREET READING PA 19601 232066952 FACILITATE AND PROVIDE AFFORDABLE HOUSING PROGRAMS AND INITIATIVES PA 501(C)(3) 170(B)(1)(A)(VI) N/A 0 PENNSYLVANIA HOME LENDING COLLABORATIVE INC 213 N FIFTH STREET READING PA 19601 472605170 PROVIDE AFFORABLE FINANCIAL ASSISTANCE FOR HOMEOWNERS PA 501(C)(3) 170(B)(1)(A)(VI) NEIGHBORHOOD HOUSING SERVICES OF GREATER BERKS INC 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NEIGHBORHOOD SERVICES OF GREATER BERKS INC E 577124 AMOUNT ADVANCED PENNSYLVANIA HOME LENDING COLLABORATIVE INC D -101780 AMOUNT ADVANCED