2025-08-18T11:15:06-05:00 2024-12-31 390912608 HAWKINS ASH CPAS LLP 520 N BROADWAY SUITE 250 GREEN BAY WI 54303 990 2024-01-01 391402851 NEIGHBORHOOD HOUSING SERVICES OF GREEN BAY INC NEIG 9204483075 437 S JACKSON STREET GREEN BAY WI 54301 NOEL HALVORSEN PRESIDENT/CEO 9204483075 2025-08-01 1 1 BRIANA PETERS CPA P01696400 9203369850 2025-08-01 2024 2025-03-06 01:10:19Z NOEL HALVORSEN 437 S JACKSON STREET GREEN BAY WI 54301 5769440 0 X WWW.NWGREENBAY.ORG X 1982 WI NEIGHBORWORKS GREEN BAY SOLVES HOUSING CHALLENGES AND BUILDS STRONGER COMMUNITIES. 11 11 31 134 82931 0 2388921 2012166 3012744 3193848 -90400 -2997 2100 5600 5313365 5208617 430099 442758 0 0 1506278 1660106 0 0 180273 3168651 3258150 5105028 5361014 208337 -152397 20316834 19971805 10798225 10605593 9518609 9366212 X NEIGHBORWORKS GREEN BAY SOLVES HOUSING CHALLENGES AND BUILDS STRONGER COMMUNITIES. WE ENVISION OURSELVES AS A SUSTAINABLE, RECOGNIZED LEADER IN COMMUNITY DEVELOPMENT, HOUSING REVITALIZATION, AND INNOVATIVE HOMEOWNERSHIP SOLUTIONS. 0 0 2699464 2806704 REAL ESTATE MANAGEMENT: OBJECTIVES: NEIGHBORWORKS GREEN BAY ADDRESSES THE HOUSING NEEDS OF VERY LOW-INCOME HOUSEHOLDS AND SUPPORTS ITS CHARITABLE MISSION TO LOW-INCOME POPULATIONS THROUGH THE OPERATION OF RENTAL HOUSING. THE ORGANIZATION OWNED AND OPERATED 251 UNITS OF RENTAL HOUSING AT THE END OF 2024. MANY UNITS WERE RENOVATED USING FEDERAL GRANTS (INCLUDING HOME, CDBG, AND NSP) OR THROUGH THE LOW-INCOME HOUSING TAX CREDIT (92 OF THESE SUBSIDIZED UNITS HAVE ACTIVE RESTRICTIONS REQUIRING OCCUPANCY BY LOW-INCOME HOUSEHOLDS). 151 UNITS ARE COVERED BY A HOUSING CHOICE VOUCHER (SECTION 8) PROJECT-BASED CONTRACT FOR OCCUPANCY BY HOUSEHOLDS WITH INCOMES AT OUR BELOW 50% OR AREA MEDIAN INCOME (AMI). ACHIEVEMENTS: IN 2024 WE DID NOT PLACE ANY NEW RENTAL UNITS INTO SERVICE, BUT DID INVEST $342,330 OF OUR OWN FUNDS BACK INTO OUR OWNED RESIDENTIAL PROPERTIES TO IMPROVE BUILDING SYSTEMS AND MAKE SIGNIFICANT INTERIOR IMPROVEMENTS TO RESIDENTIAL UNITS. IN ADDITION TO THE IMPROVEMENTS NOTED ABOVE, WE STARTED AN EXPANSION OF A COMMERCIAL PROPERTY AT 1076 ST AGNES. THE PROPERTY IS RENTED BY THE COUNTY AND USED FOR SUPERVISED VISITS BETWEEN PARENTS AND CHILDREN IN THE FOSTER CARE PROGRAM. THE EXPANSION IS DESIGNED TO SERVE MORE FAMILIES AND IMPROVE THE EXPERIENCE FOR ALL INVOLVED IN THE PROGRAM. THE $956,000 PROJECT WAS STARTED IN 2024 AND IS EXPECTED TO BE COMPLETED IN 2025.VOLUNTEERS: TEN VOLUNTEERS FORM AN ASSET MANAGEMENT TEAM THAT EXAMINES THIS LINE OF BUSINESS AND DEVELOPS PLANS AND POLICIES. IN 2024, THESE VOLUNTEERS DRAWN FROM AMONG NEIGHBORHOOD RESIDENTS AND LOCAL BUSINESS PEOPLE PROVIDED APPROXIMATELY 86 HOURS OF SERVICE. 943619 442758 232216 COUNSELING & LENDINGOBJECTIVES: NEIGHBORWORKS GREEN BAY IS A HUD-CERTIFIED HOUSING COUNSELING AGENCY AND ADOPTER OF THE NATIONAL INDUSTRY STANDARDS FOR HOMEBUYER EDUCATION AND COUNSELING. WE PROVIDE COMPREHENSIVE PRE- AND POST-PURCHASE EDUCATION AND COUNSELING, FORECLOSURE MITIGATION COUNSELING, HOME EQUITY CONVERSION MORTGAGE (HECM) COUNSELING, AND FINANCIAL CAPABILITIES TRAINING AND COUNSELING. WE ASSIST HOMEBUYERS BY PROVIDING NO-INTEREST, DEFERRED PAYMENT SECOND MORTGAGE LOANS.ACHIEVEMENTS: IN 2024, WE SERVED 613 CLIENTS WITH EDUCATION AND COUNSELING SERVICES. 319 PROSPECTIVE BUYERS COMPLETED OUR HOMEBUYER EDUCATION CLASSES AT EITHER ONE OF OUR 18 IN-PERSON ENGLISH OR SPANISH CLASSES OR ONLINE. 153 CLIENTS PURCHASED HOMES WITH OUR HELP. 68 CLIENTS RECEIVED POST-PURCHASE COUNSELING (FORECLOSURE MITIGATION AND REVERSE MORTGAGE). ALSO, WE ADMINISTER A HOME IMPROVEMENT LOAN PROGRAM IN THE CITY OF GREEN BAY TO COMPLETE NEEDED REPAIRS FOR LOW-INCOME HOMEOWNERS AND WE FUNDED 8 OF THESE LOANS FACILITATING $243,715 IN HOME REPAIRS. IN TOTAL, WE FACILITATED $41,007,812 OF COMMUNITY INVESTMENT THROUGH OUR CLIENT'S PURCHASE AND REPAIR OF THEIR HOMES.VOLUNTEERS: TWELVE VOLUNTEERS FORM A COUNSELING AND LENDING COMMITTEE THAT EXAMINES THIS LINE OF BUSINESS AND DEVELOPS PLANS AND POLICIES. IN 2024, THESE VOLUNTEERS (DRAWN FROM AMONG NEIGHBORHOOD RESIDENTS AND LOCAL BUSINESS PEOPLE) PROVIDED APPROXIMATELY 91 HOURS OF SERVICE. 451394 71997 REAL ESTATE DEVELOPMENT:OBJECTIVES: NEIGHBORWORKS GREEN BAY ACQUIRES AND RENOVATES OR BUILDS HOMES FOR OWNER-OCCUPANCY IN GREEN BAY. WE RENOVATE AND BUILD NEW SINGLE FAMILY AND MULTIFAMILY DWELLINGS TO REINVIGORATE NEIGHBORHOODS AND STIMULATE ADDITIONAL INVESTMENT IN THOSE NEIGHBORHOODS. WE LOWER OVERALL NEIGHBORHOOD DENSITY, ELIMINATE BLIGHT, AND INCREASE ECONOMIC DIVERSITY. OUR PROJECTS COUNTER DECADES OF DISINVESTMENT AND EXTEND THE LIVES OF STRUCTURALLY SOUND HOMES. OUR WORK LOWERS ENERGY CONSUMPTION AND MAINTENANCE COSTS FOR RESIDENTS. ACHIEVEMENTS: NEIGHBORWORKS GREEN BAY SOLD TWO HOMES IN 2024 AND STARTED CONSTRUCTION ON TEN NEW HOMES AND A EXPANSION OF A COMMERCIAL RENTAL BUILDING. A SINGLE-FAMILY HOME WAS CONSTRUCTED AND SOLD TO OWNER OCCUPANTS USING FUNDING FROM THE ADOPT-A-HOME PROGRAM AT 1162 DAY STREET AND ANOTHER SINGLE-FAMILY HOME WAS CONSTRUCTED AND SOLD TO A LOW-INCOME FAMILY (BELOW 80%AMI) USING HOME FUNDS AT 1164 DAY STREET. IN 2024, THE ORGANIZATION BEGAN CONSTRUCTION OF A SINGLE FAMILY HOME, A TWO-UNIT TOWNHOME PROJECT, A SEVEN-UNIT TOWNHOME PROJECT, AND A $959,000 EXPANSION OF A COMMERCIAL RENTAL BUILDING USING A MIXTURE OF THEIR OWN FUNDS AND DONOR FUNDS. ALL IN PROGRESS PROJECTS ARE EXPECTED TO BE COMPLETED IN 2025 AND THE TEN UNITS WILL BE SOLD TO OWNER-OCCUPANTS. CONSTRUCTION OF THE SINGLE-FAMILY HOME WILL BE COMPLETED IN PART BY HIGH SCHOOL STUDENTS PARTICIPATING IN THE BRIDGES PROGRAM, WHICH IS A PROGRAM RUN BY GREEN BAY AREA PUBLIC SCHOOLS WHERE STUDENTS PARTICIPATE IN ALL ASPECTS OF CONSTRUCTING A NEW HOME, LEARN SKILLS FOR TRADES AND EARN CREDIT FOR EDUCATION IN TRADES BEYOND HIGH SCHOOL. IN 2024, IN PARTNERSHIP WITH A TEN-COUNTY CONSORTIUM, WE CONTINUED TO PROVIDE HOUSING QUALITY INSPECTIONS, HOME REPAIR SCOPE WRITING, CONSTRUCTION PROJECT OVERSIGHT, AND LEAD TESTING FOR AN OWNER-OCCUPIED HOME REHABILITATION PROGRAM ADMINISTERED BY BROWN COUNTY. THE PROGRAM INVESTED $1,110,577 IN HOME REPAIR LOANS FOR QUALIFIED HOMEOWNERS IN 2024. 517365 COMMUNITY BUILDING AND ENGAGEMENT:OBJECTIVES: NEIGHBORWORKS WORKS TO DEVELOP AND ENHANCE NEW AND EXISTING NEIGHBORHOOD ASSOCIATIONS THROUGHOUT NORTHEASTERN WISCONSIN THROUGH THE NEIGHBORHOOD PARTNERS PROGRAM BY ENGAGING NEIGHBORHOOD LEADERS TO FOSTER SOCIAL REVITALIZATION IN NEIGHBORHOODS. ACTIVITIES ALSO INCLUDE COLLABORATING WITH AND PROVIDING ADMINISTRATIVE SERVICES TO GREEN BAY NEIGHBORHOOD LEADERSHIP COUNCIL, LEADING COMMUNITY EVENTS AND VOLUNTEER DRIVIEN ACTIVITIES SUCH AS GOOD NEIGHBOR WEEK, AND COLLABORATING WITH OTHER NONPROFIT ENTITIES ON RESIDENT LEADERSHIP, BEAUTIFICATION PROJECTS AND LOCAL HOUSING NEEDS.ACHIEVEMENTS: NEIGHBORWORKS GREEN BAY COORDINATED NEIGHBORWORKS WEEK AND GOOD NEIGHBOR WEEK IN 2024 WHICH COMPLETED HOME REPAIR AND MAINTENANCE TASKS FOR ELDERLY, DISABLED OR LOW-INCOME HOMEOWNERS. VOLUNTEERS CONTRIBUTED 698 VOLUNTEER HOURS TO THIS EFFORT AND 20 PROPERTIES (35 UNITS) WERE REPAIRED OR RENOVATED IN 2024. OUR NEIGHBORHOOD SUPPORT TEAM SUPPORTED NORTHEAST WISCONSIN NEIGHBORHOOD ASSOCIATIONS THROUGHOUT 2024 WITH THE FOLLOWING SUCCESSES: SEVERAL FRONT PORCH MUSIC FESTIVALS WERE HELD IN APPLETON AND MENASHA NEIGHBORHOODS, 52 MINI-GRANTS WERE AWARDED TO RESIDENT LED NEIGHBORHOOD ASSOCIATIONS FOR VARIOUS COMMUNITY PROJECTS, COURSES WERE RUN BY SEVERAL ASSOCIATIONS TO EDUCATE OLDER ADULTS ON THE USE OF COMMUNICATIONS TECHNOLOGIES TO HELP WITH SOCIAL INTERACTION AND SUPPORT, AND MUCH MORE. IN TOTAL 37 NEIGHBORHOOD ASSOCIATIONS AND 7 COMMUNITY-WIDE PROGRAMS WERE SUPPORTED IN FOUR COUNTIES THROUGHOUT GREEN BAY AND THE FOX VALLEY REGION.VOLUNTEERS: NINE VOLUNTEERS FORM THE NEWLY CREATED EVENTS AND CULTURE COMMITTEE THAT SUPPORTS THE PLANNING AND ADMINISTRATION OF THE ORGANIZATION'S MANY PUBLIC AND OR VOLUNTEER EVENTS. IN 2024, THESE VOLUNTEERS (DRAWN FROM AMONG NEIGHBORHOOD RESIDENTS AND LOCAL BUSINESS PEOPLE) PROVIDED APPROXIMATELY 91 HOURS OF SERVICE. 517365 4611842 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 25 0 31 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X ALEX MUELLER 9204483075 437 S JACKSON STREET GREEN BAY WI 54301 COLLIN MARSHALL TREASURER 1.00 X X 0 0 0 GAIL ENKE SECRETARY 1.00 X X 0 0 0 VALERIE FUNK BOARD MEMBER 1.00 X 0 0 0 PAUL GRALL BOARD MEMBER 1.00 X 0 0 0 TANYA WESTMORELAND BOARD MEMBER 1.00 X 0 0 0 RACHEL MAES BOARD MEMBER 1.00 X 0 0 0 HARRY CLIFFORD BOARD MEMBER 1.00 X 0 0 0 ED BLANEY BOARD MEMBER 1.00 X 0 0 0 CHRIS BOLAND PAST PRESIDENT 1.00 X X 0 0 0 EMILY JACOBSON CHAIR 1.00 X X 0 0 0 RASHAD COBB VICE CHAIR 1.00 X X 0 0 0 HOEL HOLVORSEN PRESIDENT/CHIEF EXECUTIVE OFFICER 40.00 X 164599 0 8539 ALEX MUELLER CHIEF FINANCIAL OFFICER 24.00 X 76793 0 4030 241392 0 12569 1 0 1 0 SIR FIX A LOT HANDYMAN SERVICES LLC 1750 BEAVER DAM DR GREEN BAY WI 54304 REMODEL CONTRACTOR 130673 1 1058177 953989 2012166 RENTAL INCOME 531110 2889635 2806704 82931 PROGRAM AND FEE INCOME 611710 144809 144809 HBE & LEADING FEE INCO 611710 87407 87407 INSPECTION AND LEAD TE 611710 71997 71997 3193848 22926 22926 534900 560823 -25923 -25923 -25923 MISCELLANEOUS INCOME 900099 5600 5600 5600 5208617 3110917 82931 2603 442758 442758 251389 81155 164400 5834 1070021 732772 241662 95587 57880 37587 18319 1974 182607 136174 31591 14842 98209 59692 30570 7947 271720 271720 478 478 66218 45715 13933 6570 126429 115652 10777 66353 59488 4943 1922 99802 63293 18539 17970 1272876 1257386 10502 4988 46833 30789 9287 6757 286209 286209 811021 800449 7297 3275 151990 143152 7008 1830 PROGRAM EXPENSES 43727 43727 CREDIT LOSS EXPENSE 10848 10848 LEAD TESTING EXPENSE 3646 3646 5361014 4611842 568899 180273 1316072 1281139 462051 261595 498262 419644 139324 133257 26966 26015 25384060 10476525 15172968 14907535 2701191 2942620 20316834 19971805 144036 208232 154379 52028 141712 177972 10358098 10167361 10798225 10605593 X 6666435 6350506 2852174 3015706 9518609 9366212 20316834 19971805 -152397 0 X X 0 1 X 1 1 1 X 1626172 1518161 1425851 2388921 2012166 8971271 1626172 1518161 1425851 2388921 2012166 8971271 418643 8552628 607 78223 80907 11501 22926 194164 25282 25282 20647 24527 3213 2100 5600 56087 9246804 0.92490 0.91800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 20,647. 2021 AMOUNT: $ 24,527. 2022 AMOUNT: $ 3,213. 2023 AMOUNT: $ 2,100. 2024 AMOUNT: $ 5,600. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 2530111 2530111 21962909 10429953 11532956 891040 46572 844468 14907535 LOAN RECEIVABLE 2942620 C 2942620 X PART IV, LINE 1B: THE AMOUNT REFLECTED ON PAGE 11, PART X, LINE 21 IS THE AMOUNT OF TENANT SECURITY DEPOSITS. PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIOD. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. 1 HOME IMPROVEMENT LOANS 8 347030 DOWNPAYMENT AND CLOSING COST ASSISTANCE 20 95728 PART I, LINE 2: THE ORGANIZATION ADHERES TO THE AGREEMENT FOR EACH GRANT SOURCE. INTERNAL FORMS AND PROCEDURES HAVE BEEN SET UP TO ASSURE THAT THE INITIAL GRANT ASSISTANCE TO INDIVIDUALS IS PROPER, AND ANNUALLY VERIFIES THE INDIVIDUAL'S CONTINUED COMPLIANCE WITH THE REQUIREMENTS OF THE PROGRAM. IN ADDITION TO THE ORGANIZATION'S ANNUAL INDEPENDENT AUDIT, IT IS ALSO SUBJECT TO MONITORING BY LOCAL, STATE AND FEDERAL GRANTORS TO ENSURE COMPLIANCE. X X X 0 0 0 0 0 0 0 0 0 HOEL HOLVORSEN PRESIDENT/CHIEF EXECUTIVE OFFICER 164599 0 0 0 0 0 8539 0 0 0 173138 0 0 0 PART I, LINE 3 CHIEF EXECUTIVE OFFICER COMPENSATION IS REVIEWED AND DETERMINED BY THE BOARD'S EXECUTIVE COMMITTEE USING COMPARABILITY DATA FROM OTHER NEIGHBORWORKS AMERICA ORGANIZATIONS AND COMPARATIVE DATA FROM LOCAL AND REGIONAL GROUPS. FORM 990, PART VI, SECTION A, LINE 6 RESIDENTS AND BUSINESS OWNERS OPERATING WITHIN OUR LENDING AREA ARE ELIGIBLE MEMBERS OF THE CORPORATION. MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A ELECTIONS FOR DIRECTORS ARE HELD AT ANNUAL MEETING OF THE CORPORATION WHERE MEMBERS OF THE CORPORATION NOMINATE AND VOTE FOR THE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ELECTIONS FOR DIRECTORS ARE HELD AT ANNUAL MEETING OF THE CORPORATION WHERE MEMBERS OF THE CORPORATION NOMINATE THE VOTE FOR THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS EMAILED TO THE CFO OF NEIGHBORWORKS GREEN BAY PRIOR TO BEING FILED. THE CFO REVIEWS THE 990 AND SENDS THE 990 TO THE APPROPRIATE BOARD AND COMMITTEE MEMBERS FOR REVIEW AND COMMENTS. UPON ACCEPTANCE BY THE BOARD, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE COMPANY HAS A BOARD DESIGNATED COMPLIANCE OFFICER IN PLACE TO REVIEW AND MONITOR POLICIES. FORM 990, PART VI, SECTION B, LINE 15 CHIEF EXECUTIVE OFFICER COMPENSATION IS REVIEWED AND DETERMINED BY THE BOARD'S EXECUTIVE COMMITTEE USING COMPARABILITY DATA FROM OTHER NEIGHBORWORKS AMERICA ORGANIZATIONS AND COMPARATIVE DATA FROM LOCAL AND REGIONAL GROUPS. COMPENSATION FOR ALL EMPLOYEES (INCLUDING KEY EMPLOYEES) IS REVIEWED AND DETERMINED BY THE CHIEF EXECUTIVE OFFICER USING COMPARABILITY DATA FROM OTHER NEIGHBORWORKS AMERICA ORGANIZATIONS AND COMPARATIVE DATA FROM LOCAL AND REGIONAL GROUPS. OVERALL SALARY EXPECTATIONS ARE BOUND BY THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ARE ALSO INCLUDED IN OUR ANNUAL REPORT WHICH IS AVAILABLE ON OUR WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WORKFORCE HOUSING LENDING CORPORATION 222 N 3RD AVE STURGEON BAY WI 54235 874624665 INCREASE AVAILABILITY OF AFFORDABLE WORKFORCE HOUSING WI 501(C)(3) LINE 12A, I NEIGHBORHOOD HOUSING SERVICES OF GREEN BAY INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0