NHS NEIGHBORHOOD LENDING SERVICES

Los Angeles, CA | Los Angeles County
Economic Development

Overview

NHS NEIGHBORHOOD LENDING SERVICES
95-4646850
3926 WILSHIRE BOULEVARD SUITE 200
Los Angeles, CA 90010
Los Angeles County
(213) 381-2862

Mission Statement info

TO BUILD STRONGER NEIGHBORHOODS, IMPROVE THE QUALITY OF LIFE FOR LOW TO MODERATE INCOME FAMILIES AND TO REVITALIZE COMMUNITIES INTO NEIGHBORHOODS OF CHOICE.

Founded info
1997
Total Employees info
0
Total Volunteers info
15
CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • CDFI Award Recipient
Nonprofit Classification (NTEE Code) info
S30

S - Community Improvement, Capacity Building

Economic Development

Organizations whose primary purpose is to stimulate the economy, expand employment opportunities, encourage the establishment and growth of commerce and industry and otherwise enhance the economic development of the community.

IRS Activity Codes info
400
Area development, redevelopment of renewal
403
Attracting new industry or retaining industry in an area
995
Uncoded
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2018
$401,000
CDFI Financial Assistance
2016
$1,750,000
CDFI Financial Assistance
2012
$1,453,806
CDFI Financial Assistance
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$1.8M
Revenue
$1.8M
Assets
$31.7M
Exempt Ruling Date info
1997-12
Deductibility Status info
Deductible
Tax Filing Year info
2018
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
CA
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
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

Nonprofit Location

Physical Address info
3926 WILSHIRE BOULEVARD SUITE 200
Los Angeles, CA 90010
Los Angeles County
FIPS Geocoded Address info
31080
MSA/CBSA info
06
State info
037
County info
2126.10
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Los Angeles-Long Beach-Anaheim, CA
Combined Statistical Area info
Los Angeles-Long Beach, CA
Metropolitan Division info
Los Angeles-Long Beach-Glendale, CA
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 89.82%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
2126.10 Los Angeles County
Population
Total Population 3,871 10,081,570
Total Households 1,810 3,316,795
Income
Median Family Income (Census*) $38,750 $68,044
Median Family Income (2019 FFIEC) $73,100 N/A
Tract Income Percentage 61.79% N/A
Below Poverty Level 24.1% 14.9%
Unemployment Level 8.8% 6.1%
Housing
Total Housing Units 1,914 3,542,800
Total Owner-Occupied Units 17.0% 45.8%
Total Renter-Occupied Units 77.6% 54.2%
Total Vacant Units 5.4% 4.4%
* 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

5
Total Voting Members
in Governing Body
info
4
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Lori Gay
President & CEO
(213) 381-2862
Principal Officer info
Lori Gay
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

"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.