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NEIGHBORHOOD HOUSING SERVICES OF BROOKLYN CDC INC

BROOKYLN, NY · EIN 471169779 · Form 990 · FY2024 · NTEE L81 · Housing & Shelter · Medium ($1M-$10M) · nhsbrooklyn.org
revenue
$3.6M
expenses
$3.1M
net assets
$2.5M
employees
21
program ratio
83%
mission · from form 990

THE ORGANIZATION'S MISSION IS TO CREATE, DEVELOP AND MAINTAIN PROGRAMS TO PROVIDE AFFORDABLE AND SAFE HOUSING AND COMMUNITIES.

profile · synthesized from sources

Neighborhood Housing Services of Brooklyn CDC Inc. is a nonprofit organization that provides education, counseling, and financial support to help low- and moderate-income residents buy, repair, and maintain affordable homes. The organization offers first-time homebuyer programs, foreclosure intervention, home repair financing, and property management services tailored to small property owners in Brooklyn. It also delivers financial literacy and emergency preparedness education to strengthen housing stability.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $1.80M
    OTHER COMMUNITY BASED HOUSING SERVICES
named programs · 6 · from sources

What they call their work

Affordable Property Management Program
Professional property management services for small landlords (1–10 units) in Brooklyn, including compliance, rent collection, maintenance coordination, and financial oversight.
Financial Education and Coaching
One-on-one and webinar-based financial counseling to help low- and moderate-income residents improve credit, manage debt, and create financial action plans.
First-Time Home Buyer Education Program
HUD-certified program that prepares first-time homebuyers through one-on-one counseling and a 10-hour course, leading to a Certificate of Completion required for down-payment and closing-cost assistance.
Foreclosure Intervention Program
Free HUD-certified counseling for homeowners behind on mortgage payments or facing foreclosure, including negotiation with lenders, application assistance for relief programs, and referrals to legal aid.
Home Repair Assistance Program
Provides low-interest loans and grants to owner-occupants and landlords of small buildings for home repairs and capital improvements, with income eligibility requirements.
Landlord Training Course
HUD-compliant training for current and prospective landlords of 2- to 4-unit homes covering NYC regulations, lease rules, fair housing, and property insurance.
activities · 6 groups

What they do

  • First-Time Homebuyer Support Services 3 activities
    • Financial and insurance education
      Hosts webinars and provides one-on-one counseling on financial wellbeing, home buying, home insurance, flood insurance, renter's insurance, reverse mortgages, and property tax reduction. Includes guidance on policy coverage, risk assessment, and cost evaluation.
    • First-time homebuyer education and counseling
      Offers HUD-certified first-time homebuyer education programs, including 90-minute webinars and multi-week courses, that prepare participants for homeownership and connect them to affordable mortgage products and financial assistance. Issues Certificates of Completion to qualify participants for down-payment and closing cost assistance.
    • Foreclosure prevention and mortgage counseling
      Provides one-on-one HUD-certified housing counseling to assist homeowners with mortgage default, foreclosure prevention, loan modification, refinancing, and mortgage check-ups. Includes negotiation support with lenders, hardship applications, and referrals to legal and financial assistance.
  • Professional Conference & Symposium Organization 1 activity
    • Community housing and development events
      Hosts community events such as the REPM Conference, bringing together nearly 150 participants for expert-led panel discussions and breakout sessions on housing, finance, and community development.
  • Home Repair Assistance for Low-Income Households 1 activity
    • Home repair loans and grants
      Offers low-interest loans of up to $100,000 and grants to qualified homeowners for essential home repairs, including roofs, plumbing, electrical systems, and health and safety hazards, subject to income eligibility and program terms.
  • Professional Training for Real Estate and Building Practitioners 1 activity
    • Landlord training and education
      Provides mandatory and voluntary landlord training through in-person and virtual webinars covering NYC regulations, fair housing, lease rules, and multi-unit property insurance. Courses meet HUD Education requirements and include a Certificate of Completion. Targeted at owners of 2- to 4-unit properties.
  • Tenant Legal Advocacy & Support Services 1 activity
    • Tenant education and services
      Provides tenant education seminars on fire safety and disaster preparedness, and offers counseling on tenant rights, eviction proceedings, rental arrears, affordable housing lotteries, succession rights, and legal referrals.
  • Uncategorized 3 activities
    • Affordable property management services
      Provides comprehensive property management services for small property owners (1–4 units), including rent regulation compliance, rent collection, tenant communication, maintenance coordination, and financial oversight, whether owner-occupied or not.
    • Home maintenance training
      Offers free seasonal seminars and two levels of 7-week hands-on home maintenance courses taught by a licensed contractor, totaling 20 hours with limited class sizes. Provides Certificates of Completion to students who attend at least four sessions.
    • Homeowner resource materials
      Produces and distributes the Homeowner Handbook, a comprehensive guide for New York homeowners on managing responsibilities and accessing housing, financial, and repair resources.
financials · form 990 · fy2024
revenue
Total revenue$3.65M
Contributions & grants$3.57M98%
Program service revenue$57K2%
Investment income$310%
Other revenue$19K
expenses
Total expenses$3.10M
Program expenses83%
Admin / overhead14%
Fundraising3%
Salaries & benefits$1.97M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$4.97M
Cash$417K
Investments$0
Liabilities$2.44M
Net assets$2.52M
Liquid reserves1.6 mo
5 years on record · 2020–2024 · YoY revenue +46.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
TONYA ORES EXECUTIVE DI 40 $327K
board members · 12
  • ANDREA HODGE — DIRECTOR
  • CAROL RENEAU — SECRETARY
  • JUNY FRANCOIS — DIRECTOR
  • LOIS LOCKE — DIRECTOR
  • LYNDREW NESMITH — DIRECTOR
  • MARJORIE FAISON — DIRECTOR
  • PATRICIA STRONG — DIRECTOR
  • R GARY CAMPBELL — TREASURER
  • RAUL VAN ROSSUM — VICE PRESIDE
  • RAVESH KUMAR — DIRECTOR
  • SERGHIO ADAMS — PRESIDENT
  • YURY POLONSKY — DIRECTOR
relationships · 24

Who they work with

  • Board of Directors Partner — Comprised of Brooklyn residents including local residents, business leaders, and civic-minded individuals who govern the organization.
  • Brooklyn Org Funder — Provided a grant to NHS Brooklyn to expand services.
  • Brooklyn Public Library Partner — Co-hosts tenant services seminars at its Coney Island location.
  • Brooklyn homeowners Partner — Assists income-eligible Brooklyn homeowners with applying for home repair grants.
  • Canarsie Office Partner — Physical location where homeowners can obtain printed copies of the Homeowner Handbook and access services.
  • Deutsche Bank Funder — Generous supporter that made the Property Management Program possible.
  • East Flatbush Office Partner — Physical location where homeowners can obtain printed copies of the Homeowner Handbook and access services.
  • FDNY Partner — Partners with FDNY to educate residents about emergency preparedness for natural and manmade hazards.
  • Housing Connect NYC Partner — Helps tenants apply for affordable housing lotteries using Housing Connect NYC.
  • Housing and Urban Development (HUD) Government — HUD-certifies NHS Brooklyn's First-time Home Buyer Education Program and Landlord Training course, making them compliant with federal education requirements for loans and grants.
  • JPMorgan Chase Funder — Provided a $1.9 million award in 2023 to support expansion of NHS Brooklyn’s programming and community impact initiatives.
  • Kings County District Attorney's Real Estate Fraud Unit Partner — Collaborates with NHS Brooklyn to educate homeowners about foreclosure scams and identify cases of alleged abuse
  • Medgar Evers College Partner — Hosted the REPM Conference attended by nearly 150 participants.
  • NYC Emergency Management Partner — Partners with NYC Emergency Management to educate residents about emergency preparedness for disasters and emergencies.
  • New York State Attorney General's Office Government — NHS Brooklyn is listed as a trusted housing organization on the NYS Attorney General’s approved list for foreclosure intervention assistance
  • U.S. Department of Housing and Urban Development Government — Approved agency for HECM counseling under HUD regulations.
  • U.S. Department of Housing and Urban Development Government — Provides training that meets HUD Education requirements for loans and grants.
  • businesses Partner — Engages businesses as partners in volunteer and community service efforts.
  • community partners Partner — Collaborates with community partners to expand outreach and service delivery.
  • corporations Partner — Works with corporations to support volunteering and community service programs.
  • foundations Partner — Collaborates with foundations as part of its network of community partners and supporters.
  • government agencies Partner — Partners with government agencies to support community services and volunteer initiatives.
  • students Partner — Engages students seeking community service opportunities as volunteer partners.
  • www.nhsbrooklyn.org/upcoming-events Partner — Platform used to register for insurance education webinars
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Driven Revitalization Through Resident Empowerment
    methodology: community_driven_revitalization
    By involving residents in leadership, decision-making, and education, we produce sustainable neighborhood revitalization because local ownership increases engagement, trust, and long-term commitment to community stability.
  • Education-to-Financing Pathway for Landlords and Homeowners
    methodology: education_to_financing_pathway
    By linking mandatory or structured housing education to eligibility for public financing and grants, we increase participation and compliance because certification creates tangible value and access to resources.
  • Integrated Housing Counseling and Financial Assistance Model
    methodology: integrated_housing_preservation
    By combining comprehensive housing counseling across all homeownership phases with layered financial assistance and low-interest financing, we reduce foreclosure risk and increase affordability because integrated support improves financial readiness and expands access to capital.