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Neighborhood Housing Services of the South Shore

Also known as Neighborworks Housing Solutions

Quincy, MA · EIN 04-2732439 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Neighborhood Housing Services of the South Shore reported $153.5 million in revenue and $145.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.34 went to program services, $1.52 to management and general costs and $0.14 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.1% of the total. The highest compensation it reported for one person was $350,372 (CHIEF EXECUTIVE OFFICER). 8 people received more than $100,000 in reportable compensation. Revenue rose 197% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $146M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $154M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 933 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
98.3%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
1.5%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.9%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.3%1.0%
Program service revenue share
Part VIII 2g ÷ 12
93.1%66.2%
Highest reported compensation
Part VII-A, columns D–F
$350,372$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.24%1.57%
People paid over $100,000
Part VII, line 2
85
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.310.0
Independent voting board members
Part VI 1a–1b
17 of 17100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$131M expenses · 91.3% of program spending · revenue $133M

Rental assistance includes the following: section 8 housing voucher and other subsidy programs that serve more than 3,000 disabled, elderly, formerly homeless, and other individuals and families throughout southeastern massachusetts. Client services includes short term, limited financial assistance, which will enable families to retain housing, obtain new housing or otherwise avoid homelessness. It also includes providing shelter in different locations for families who have been victims of domestic violence

$4.2M expenses · 3.0% of program spending · revenue $2.8M

Property management includes the following: real estate operations is the management of properties nwhs acquired, including its wholly owned limited partnerships. These efforts are aimed at ensuring that the properties meet the needs of their low to moderate-income residents as well as maintaining the financial viability of these properties in the future

$5.8M expenses · 4.0% of program spending · revenue $7.9M

Real estate development includes the following: the development program uses funds obtained from various government entities along with funds from local municipalities, foundations and financial institutions to acquire and develop affordable housing on the south shore

$2.5M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$306,387$0$43,985$350,372
REAL ESTATE DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$213,500$0$40,381$253,881
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$205,848$0$18,059$223,907
ASSOCIATE REAL ESTATE DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$185,093$0$20,755$205,848
CHIEF OPERATING OFFICER
Officer, 40.00 hrs/week
$162,989$0$32,774$195,763
RHN EXECUTIVE DIRECTOR
Highest compensated employee, 40.00 hrs/week
$134,445$0$34,326$168,771
ASSET MANAGER
Highest compensated employee, 40.00 hrs/week
$114,397$0$26,980$141,377
DIRECTOR OF HOUSING SERVICES
Highest compensated employee, 40.00 hrs/week
$117,543$0$10,209$127,752

8 people received more than $100,000 in reportable compensation from Neighborhood Housing Services of the South Shore (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$154M$146M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$154M$146M98.3%$28M$350,372
FY2024 ⓘ$125M$117M98.2%$20M$319,489
FY2023 ⓘ$93M$89M97.1%$12M$323,041
FY2022 ⓘ$138M$136M98.4%$8.7M$298,418
FY2021 ⓘ$76M$75M97.4%$6.3M$263,915
FY2020 ⓘ$52M$51M96.0%$4.6M$213,866

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5149

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CURTIS CONSTRUCTION COMPANY
Construction contractor
$4,404,986
TOUTWEL RESTAURANT INC
Meals for ea hotel
$853,631
ARTHUR J GALLAGHER RISK MANAG SERVICES
Global insurance brokerage, risk managem
$647,590
NEW VISION ENTERPRISE
Contractor
$392,446
ROTHSCHILD & ASSOCIATES
Real estate development consulting
$355,267

Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Neighborhood Housing Services of the South Shore totaling $10,300 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Neighborhood Housing Services of the South Shore's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Neighborhood Housing Services of the South Shore, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in Massachusetts

Questions people ask

How much of Neighborhood Housing Services of the South Shore's spending goes to programs?

In the fiscal year ending June 30, 2025, Neighborhood Housing Services of the South Shore reported that 98.3% of its $145.5 million in expenses went to program services, 1.5% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Neighborhood Housing Services of the South Shore pay its top executive?

The largest total compensation Neighborhood Housing Services of the South Shore reported for one person in the fiscal year ending June 30, 2025 was $350,372, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Neighborhood Housing Services of the South Shore get its money?

Of $153.5 million in revenue in the fiscal year ending June 30, 2025, 4.9% came from contributions and grants (including 0.3% from government grants) and 93.1% from program service revenue (Form 990, Part VIII).

Is Neighborhood Housing Services of the South Shore a registered charity?

The IRS lists EIN 04-2732439 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610359349300801 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531329349300918 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421249349300722 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310629349300116 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220759349300012 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120339349301002 · read the filing

All filings for EIN 04-2732439: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.