ITHACA NEIGHBORHOOD HOUSING SERVICES INC

ITHACA, NY | Tompkins County
Affordable Housing

Overview

ITHACA NEIGHBORHOOD HOUSING SERVICES INC
22-2141948
115 W CLINTON ST
ITHACA, NY 14850
Tompkins County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • HUD Counseling Agency
  • LIHTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
398
Instruction and guidance on housing
402
Other activity aimed at combating community deterioration
562
Other loans to individuals
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
10/25/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2017
$596,500
CDFI Financial Assistance
2014
$2,000,000
CDFI Financial Assistance
2012
$1,453,806
CDFI Financial Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Counseling Programs Offered info
  • Fair Housing Pre-Purchase Education
  • Financial Management/Budget Counseling
  • Home Improvement and Rehab
  • Non-Delinquency Post Purchase Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Workshops
  • Predatory Lending Education Workshops
Low Income Housing Tax Credit Recipient info
Most Recent LIHTC Project info
BRECKENRIDGE PLACE

 
Ithaca, NY
Amount info
$882,000
Project Year info
2013
Allocation Year info
2013
Total Units info
39
Low-Income Units info
Not reported
Currently Monitored info
Not reported
Construction Type info
New Construction
Property Characteristics info
  • Qualified Census Tract
  • Nonprofit Sponsor
Special Programs & Financing info
  • None reported
Targeted Population info
  • Disabled
  • Homeless

IRS Summary

Income
$5.5M
Revenue
$5.5M
Assets
$43.1M
Exempt Ruling Date info
1977-03
Deductibility Status info
Deductible
Last Tax Filing info
2020
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
NY
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

Nonprofit Location

Physical Address info
115 W CLINTON ST
ITHACA, NY 14850
Tompkins County
FIPS Geocoded Address info
27060
MSA/CBSA info
36
State info
109
County info
0010.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Ithaca, NY
Combined Statistical Area info
Ithaca-Cortland, NY
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 38.58%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0010.00 Tompkins County
Population
Total Population 3,852 102,642
Total Households 1,833 39,618
Income
Median Family Income (Census*) $39,676 $60,240
Median Family Income (2019 FFIEC) $83,900 N/A
Tract Income Percentage 53.23% N/A
Below Poverty Level 34.1% 18.9%
Unemployment Level 7.4% 3.8%
Housing
Total Housing Units 1,833 43,471
Total Owner-Occupied Units 34.8% 54.9%
Total Renter-Occupied Units 65.2% 45.1%
Total Vacant Units 0.0% 5.9%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

12
Total Voting Members
in Governing Body
info
12
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
David Sprague
Treasurer
(607) 277-4500
Principal Officer info
Michael Cannon
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.