2024-11-14T13:22:18-06:00 2024-09-30 831819454 VRAKAS ADVISORS LLC 6309 60TH STREET SUITE 200 KENOSHA WI 53144 990 2023-10-01 391416746 NEIGHBORHOOD HOUSING SERVICES OF SOUTHEAST WISCONSIN INC NEIG 2626526766 2122 60TH STREET KENOSHA WI 53140 DOMENICK MARTINELLI EXECUTIVE DIRECTOR 2626526766 2024-11-07 1 1 PETER J SINSKY P00031015 2627970400 2023 2024-10-15 13:58:12Z DOMENICK MARTINELLI 2122 60TH STREET KENOSHA WI 53140 377020 0 X WWW.NWBADGERLAND.ORG X 1982 WI NEIGHBORHOOD HOUSING SERVICES OF SOUTHEAST WISCONSIN IS A PRIVATE NOT-FOR-PROFIT DEVELOPMENT CORPORATION COMMITTED TO REVITALIZING FEATURED NEIGHBORHOODS IN THE RACINE AND KENOSHA AREAS. 8 8 2 0 0 0 196500 193500 110583 114732 1930 68405 4883 383 313896 377020 0 0 0 0 223427 244682 0 0 0 104264 119093 327691 363775 -13795 13245 3535399 3550152 27219 28727 3508180 3521425 X NEIGHBORHOOD HOUSING SERVICES OF SOUTHEAST WISCONSIN IS A PRIVATE NOT-FOR-PROFIT DEVELOPMENT CORPORATION COMMITTED TO REVITALIZING FEATURED NEIGHBORHOODS IN THE RACINE AND KENOSHA AREAS. 0 0 187504 61620 ASSETS AND PROPERTY MANAGEMENT 43187 REAL ESTATE DEVELOPMENT 58244 383 HOME OWNERSHIP PROMOTION: ACTIVITIES PROMOTING HOME OWNERSHIP INCLUDING FINANCIAL FITNESS EDUCATION, PRE AND POST PURCHASE COUNSELING, FINANCIAL ASSISTANCE (BOTH LOANS AND GRANTS), AND THE MARKETING AND SALE OF NEWLY DEVELOPED PROPERTIES. 56864 53112 EXISTING HOME OWNER SERVICES 56864 53112 345799 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X DOMENICK MARTINELLI 2626526766 2122 60TH STREET KENOSHA WI 53140 DAVID GALLO PRESIDENT 1.00 X X 0 0 0 JEFF MOLINSKI SECRETARY 1.00 X X 0 0 0 DAVID KNABEL TREASURER 1.00 X X 0 0 0 CATHERINE GARZA VICE PRESIDENT 1.00 X X 0 0 0 DONNA PITTERLE DIRECTOR 1.00 X 0 0 0 KATE TRUDELL DIRECTOR 1.00 X 0 0 0 GERALD MARKEWICZ DIRECTOR 1.00 X 0 0 0 ALEX LEGLER DIRECTOR 1.00 X 0 0 0 DOMENICK MARTINELLI EXECUTIVE DIRECTOR 40.00 X 88600 0 17770 JANE BRYDGES ASSOCIATE DIRECTOR & CFO 40.00 X 103792 0 11439 192392 0 29209 1 0 0 0 0 193500 193500 RENT 531390 61620 61620 LOAN INTEREST 531390 53112 53112 114732 68405 68405 MISCELLANEOUS 531390 383 383 383 377020 115115 0 68405 193482 183808 9674 12821 12180 641 24084 22880 1204 14295 13580 715 6853 6510 343 10999 10449 550 3859 3666 193 2683 2549 134 25792 24712 1080 1840 1748 92 19929 18933 996 11804 11214 590 REPAIRS AND MAINTENANCE 24881 23637 1244 TELEPHONE EXPENSE 4172 3966 206 DATA PROCESSING 3565 3387 178 MISCELLANEOUS 1678 1594 84 1038 986 52 363775 345799 17976 0 1811991 2004233 4428 8591 1219039 1080317 810512 335701 517741 474811 -17800 -17800 3535399 3550152 14694 13555 12520 15167 5 5 27219 28727 X 3472026 3521425 36154 0 3508180 3521425 3535399 3550152 13245 0 X X 0 1 X 1 0 X 252600 206500 204000 196500 193500 1053100 252600 206500 204000 196500 193500 1053100 1053100 161052 121944 123441 110866 115115 632418 1685518 0.62480 0.60770 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RENT AND PROGRAM SERVICE AND MISC REVENUES - 2019 AMOUNT: $ 161,052. 2020 AMOUNT: $ 121,944. 2021 AMOUNT: $ 123,441. 2022 AMOUNT: $ 110,866. 2023 AMOUNT: $ 115,115. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 132199 132199 421819 250537 329744 342612 5957 5957 0 474811 EXCHANGE ACCOUNT 5 5 X 377020 0 377020 0 377020 363775 0 363775 0 363775 PART IV, LINE 2B: AMOUNTS SHOWN AS ESCROW INCLUDE TAX AND INSURANCE ESCROWS. PART X, LINE 2: THE ORGANIZATION HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLDAND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURE REQUIRED. MANAGEMENT OF THE ORGANIZATION EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 (B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). NONE OF THE ORGANIZATION'S CURRENT ACTIVITIES ARE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS PROVIDED TO THE BOARD FOR THEIR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED.