2024-08-14T13:29:04-05:00 2023-09-30 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2022-10-01 742681649 NEIGHBORHOOD HOUSING SERVICES OF WACO NEIG 2547521647 922 FRANKLIN AVE WACO TX 76701 ROY NASH PRESIDENT/CEO 2547521647 2024-08-14 1 1 SHARON M HERWALD CPA P00079864 2547724901 2022 2024-08-08 14:25:15Z NEIGHBORWORKS WACO ROY NASH 922 FRANKLIN AVE WACO TX 76701 3142979 0 X WWW.NW-WACO.ORG X 1993 TX BUILD STRONGER NEIGHBORHOODS THROUGH HOMEOWNERSHIP AND OTHER QUALITY HOUSING OPPORTUNITIES. 15 15 10 20 0 0 924776 382718 501378 324215 29473 87237 867859 885076 2323486 1679246 0 0 0 0 899396 896715 0 0 0 657161 842878 1556557 1739593 766929 -60347 17164106 16590075 10004099 9418822 7160007 7171253 X BUILDING STRONGER NEIGHBORHOODS THROUGH HOMEOWNERSHIP, QUALITY RENTAL HOUSING AND COMMUNITY BUILDING INITIATIVES. 0 0 441260 993754 PROPERTY MANAGEMENT - THE ORGANIZATION OFFERS A LEASE-PURCHASE PROGRAM FOR FAMILES ON THE CUSP OF HOMEOWNERSHIP. THE ORGANIZATION OWNED AND MANAGED 115 RENTAL UNITS DURING FISCAL YEAR 2023 THAT SERVICED 168 FAMILIES, 7 OF WHICH MOVED ON TO HOMEOWNERSHIP DURING THE YEAR. 168954 68690 REAL ESTATE DEVELOPMENT - THROUGH THEIR OUTREACH PROJECTS, NEIGHBORWORKS SEEKS TO CREATE OUTLETS TO MOBILIZE VOLUNTEERS, BEAUTIFY NEIGHBORHOODS, UNITE COMMUNITIES, AND CELEBRATE RESIDENT INVOLVEMENT. ALSO PROVIDES BEST-OF PRACTICES AND TRAINING TO LOCAL EMERGING AND ESTABLISHED LEADERS IN THE COMMUNITY. NEIGHBORWORKS HAS BEEN DEVELOPING AFFORDABLE HOUSING SINCE 1997. BOTH NEW CONSTRUCTION AND SINGLE FAMILY REHAB IS AVAILABLE. TWO SINGLE FAMILY HOME PROJECTS WERE COMPLETED IN FISCAL YEAR 2023. 301768 188798 LENDING - NEIGHBORWORKS OFFERS COMPETITIVE MORTGAGE PRODUCTS FOR FIRST MORTGAGES AND DOWN PAYMENT & CLOSING COST ASSISTANCE AT LOW INTEREST RATES. ALSO OFFERS A REFINANCE PRODUCT TO HELP REDUCE MONTHLY MORTGAGE PAYMENTS. THE ORGANIZATION COUNSELED WITH 372 FAMILIES THROUGH THE ONSITE AND ONLINE EDUCATION COURSE, COMPLETED LOANS FOR 11 FAMILIES AND 29 ADDITIONAL COUNSELED FAMILIES PURCHASED HOMES WITHOUT LENDING ASSISTANCE FROM THE ORGANIZATION. 144915 COUNSELING AND EDUCATION 49880 22750 COMMUNITY SERVICES 194795 22750 1106777 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 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 0 1 0 0 0 1 167 0 1 10 1 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 X KAREN SAUCEDODELISA BURNELL-SMITH 2547521647 922 FRANKLIN AVE WACO TX 76701 LINDA WEAVER BOARD CHAIR 0.00 X X 0 0 0 SCOTT WILLIAMS BOARD VICE CHAIR 0.00 X X 0 0 0 PAT NOWOTNY BOARD SECRETARY 0.00 X X 0 0 0 PHILLIP PRINCE BOARD TREASURER 0.00 X X 0 0 0 DELFINA VELASQUEZ EXECUTIVE COMMITTEE 0.00 X 0 0 0 ELTON HALL EXECUTIVE COMMITTEE 0.00 X X 0 0 0 CHRIS GUTIERREZ EXECUTIVE COMMITTEE 0.00 X X 0 0 0 OSCAR CHOMBO DIRECTOR 0.00 X 0 0 0 CONNIE LOZANO DIRECTOR 0.00 X 0 0 0 JOEY DINGRANDO DIRECTOR 0.00 X 0 0 0 PAT HAMBRICK DIRECTOR 0.00 X 0 0 0 JIM LAMBERT DIRECTOR 0.00 X 0 0 0 DOMINIC VILLA DIRECTOR 0.00 X 0 0 0 JEAN ANN HOOVER DIRECTOR 0.00 X 0 0 0 BARRY ABEL DIRECTOR 0.00 X 0 0 0 ROY NASH PRESIDENT, CEO 40.00 X 167693 0 29124 DELISA BURNELL-SMITH VICE PRESIDENT, COO 40.00 X 115444 0 18932 KAREN SAUCEDO CFO 40.00 X 98381 0 7949 381518 0 56005 2 0 1 0 0 10360 372358 382718 INTEREST INCOME-LOANS 531390 150110 150110 PROPERTY DEVELOPMENT FEES 531390 68690 68690 SERVICE INCOME 900099 66727 66727 LOAN ORIGINATION FEES 531390 37168 37168 PAYMENT ON LOANS WRITTEN OFF 531390 1520 1520 324215 20454 20454 1598760 671561 927199 927199 927199 212000 145217 66783 66783 66783 2082 0 2082 2082 580000 646955 -66955 -66955 ANNUAL MEETING 900099 22750 22750 22750 1679246 1273992 0 22536 472664 349269 123395 300813 222282 78531 12839 9487 3352 48260 35661 12599 62139 45917 16222 275 150 125 40085 40085 6650 54 6596 65500 1351 64149 45950 11998 33952 38684 11152 27532 56862 5640 51222 84340 5297 79043 92433 46387 46046 287871 269642 18229 24128 24128 MISCELLANEOUS 74425 72785 1640 CLIENT SERVICES 17259 12927 4332 BUILDING COALITION & PR 8416 6778 1638 1739593 1106777 632816 0 2578090 1966370 266846 298073 366075 397743 3032288 2950277 1065087 923379 24775 29749 12653720 2629236 9830945 10024484 17164106 16590075 1364451 946203 231669 216199 114938 99947 8162096 8027567 130945 128906 10004099 9418822 X 6400674 6635955 759333 535298 7160007 7171253 17164106 16590075 -60347 30883 40710 0 X X 0 1 X 0 0 X 462969 585897 430258 924776 382718 2786618 462969 585897 430258 924776 382718 2786618 2786618 13214 34472 23936 25365 20454 117441 2102 2110 1520 5732 2909791 9756640 0.95770 0.95300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 131633 16935 148568 1 X 131633 1770 15165 148568 155990 970 -25327 131633 121631 10080 24279 155990 92837 20075 9291 572 121631 34069 49556 9721 509 92837 1.00000 1 0 1093929 1093929 11317867 2436476 8881391 203133 161803 41330 38791 30957 7834 10024484 RENTAL DEPOSITS 128906 128906 X 1750839 30883 40710 71593 1679246 0 1679246 1739593 0 1739593 0 1739593 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS ESCROW FUNDS FOR ANNUAL TAX PAYMENTS AND INSURANCE PAYMENTS FOR OUR CLIENTS. PART V, LINE 4: ORGANIZATIONAL OPERATING SUPPORT PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 50L(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE, HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. NWW IS SUBJECT TO ALL PROVISIONS OF LOCAL, STATE, AND NATIONAL LAW AND REGULATION APPLYING TO CHARITABLE, TAX-EXEMPT, NON-PROFIT 501(C)(3) CORPORATIONS. THE FEDERAL INFORMATION RETURNS FOR THE ORGANIZATION FOR 2022, 2021, AND 2020 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT TO PRIOR YEAR BAD DEBT RESERVES SHOWN AS INCOME IN AUDIT AND REPORTED AS PRIOR PERIOD ADJUSTMENT ON FORM 990. 40,710. 1 X X 0 0 0 1 0 1 0 0 0 ROY NASH PRESIDENT, CEO 147762 0 19931 0 0 0 13623 0 15501 0 196817 0 0 0 PART I, LINE 5 THE ORGANIZATION HAS AN ESTABLISHED BOARD APPROVED INCENTIVE PLAN. PART I, LINE 6 THE ORGANIZATION HAS AN ESTABLISHED BOARD APPROVED INCENTIVE PLAN. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION TYPICALLY REVIEWS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY DURING THE ANNUAL AUDIT. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS AND VOTED UPON WITH SUBSTANTIATION BY BOTH THE CEO AND COO DURING REVIEW. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE OPEN AND AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESSES DID NOT CHANGE DURING THE YEAR. BELMONT VILLAGE WACO LLC 922 FRANKLIN AVE WACO TX 76701 832375831 REAL ESTATE DEVELOPMENT TX NEIGHBORHOOD HOUSING SERVICES 372 0 1 0.51850 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0