2025-11-18T16:03:24-06:00 2025-09-30 831819454 VRAKAS ADVISORS LLC 6309 60TH STREET SUITE 200 KENOSHA WI 53144 990 2024-10-01 391416746 NEIGHBORHOOD HOUSING SERVICES OF SOUTHEAST WISCONSIN INC NEIG 2626526766 2122 60TH STREET KENOSHA WI 53140 DOMENICK MARTINELLI EXECUTIVE DIRECTOR 2626526766 2025-11-13 1 1 PETER J SINSKY P00031015 2627970400 2024 2025-03-06 01:10:19Z DOMENICK MARTINELLI 2122 60TH STREET KENOSHA WI 53140 402413 0 X WWW.NWBADGERLAND.ORG X 1982 WI THE PURPOSE OF NEIGHBORHOOD HOUSING SERVICES OF SOUTHEAST WISCONSIN, INC. IS TO RENEW PRIDE, RESTORE CONFIDENCE,PROMOTE REINVESTMENT, AND REVITALIZE THE NHS NEIGHBORHOODS THROUGH THE EFFORTS OF LOCAL RESIDENTS ACTING IN CONCERT WITH FINANCIAL INSTITUTIONS, CORPORATE ENTERPRISE,THE BUSINESS COMMUNITY, FOUNDATIONS,AND GOVERNMENT. 8 8 2 0 0 0 193500 197500 114732 153469 68405 51157 383 287 377020 402413 0 0 0 0 244682 286337 0 0 0 119093 147236 363775 433573 13245 -31160 3550152 3638847 28727 148582 3521425 3490265 X THE PURPOSE OF NEIGHBORHOOD HOUSING SERVICES OF SOUTHEAST WISCONSIN, INC. IS TO RENEW PRIDE, RESTORE CONFIDENCE,PROMOTE REINVESTMENT, AND REVITALIZE THE NHS NEIGHBORHOODS THROUGH THE EFFORTS OF LOCAL RESIDENTS ACTING IN CONCERT WITH FINANCIAL INSTITUTIONS, CORPORATE ENTERPRISE,THE BUSINESS COMMUNITY, FOUNDATIONS,AND GOVERNMENT. 0 0 238311 66920 ASSETS AND PROPERTY MANAGEMENT 13752 REAL ESTATE DEVELOPMENT 89819 287 HOME OWNERSHIP PROMOTION: ACTIVITIES PROMOTING HOME OWNERSHIP AND SUPPORTING INVESTMENT IN TARGETED NEIGHBORHOODS THROUGH COMMERCIAL AND RESIDENTIAL REAL ESTATE PROJECTS. THIS IS DONE THROUGH DIRECT INVESTMENT OR LENDING. 70015 86549 EXISTING HOME OWNER SERVICES 70015 86549 411897 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 98600 0 19246 JANE BRYDGES ASSOCIATE DIRECTOR & CFO 40.00 X 105000 0 14164 203600 0 33410 1 0 0 0 0 197500 197500 LOAN INTEREST 531390 70543 70543 RENT 531390 66920 66920 CLIENT LOAN PROCESSING 531390 16006 16006 153469 51157 51157 MISCELLANEOUS 531390 287 287 287 402413 153756 0 51157 203600 193420 10180 25684 24400 1284 13245 12583 662 28774 27335 1439 15034 14282 752 15065 14312 753 11385 10816 569 5963 5665 298 2113 2007 106 22570 21442 1128 2762 2624 138 19929 18933 996 9617 9136 481 REPAIRS AND MAINTENANCE 31268 29705 1563 BAD DEBT 9762 9274 488 DATA PROCESSING 5067 4814 253 CLOSING COSTS 4781 4542 239 6954 6607 347 433573 411897 21676 0 2004233 1483771 8591 11883 1062517 1688311 810512 355630 474811 454882 3550152 3638847 13555 51971 15167 96606 5 5 28727 148582 X 3521425 3490265 3521425 3490265 3550152 3638847 -31160 0 X X 0 1 X 1 0 X 206500 204000 196500 193500 197500 998000 206500 204000 196500 193500 197500 998000 998000 0 0 1930 68405 51157 121492 121944 123441 110866 115115 153756 625122 1744614 0.57200 0.59980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RENT AND PROGRAM SERVICE AND MISC REVENUES - 2020 AMOUNT: $ 121,944. 2021 AMOUNT: $ 123,441. 2022 AMOUNT: $ 110,866. 2023 AMOUNT: $ 115,115. 2024 AMOUNT: $ 153,756. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 132199 132199 421819 250537 349673 322683 5957 5957 0 454882 EXCHANGE ACCOUNT 5 5 X 402413 0 402413 0 402413 433573 0 433573 0 433573 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 THRESHOLD AND 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.