Civic Intelligence

Northwest Side Housing Center

990 • Fiscal year 2021 • EIN 20-1413891

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

5233 W DiverseyChicago, IL 60639

(773) 283-3888

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.45x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.31x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

37th percentile

5.8%

Higher net margin than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

66th percentile

$91,472

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

83rd percentile

40%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

21%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,986,371

Up $860,160 (+40%) from 2020

Net Assets

Up

$1,629,400

Up $65,318 (+4.2%) from 2020

Liabilities

Up

$1,356,971

Up $794,842 (+141%) from 2020

Revenue

Up

$4,446,523

Up $780,320 (+21%) from 2020

Expenses

Up

$4,188,525

Up $1,182,967 (+39%) from 2020

Net Income

Down

$257,998

Down $402,647 (-61%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $224,580Liabilities 2010: $0Net Assets 2010: $224,5802010Assets 2011: $316,944Liabilities 2011: $0Net Assets 2011: $316,9442011Assets 2012: $414,808Liabilities 2012: $5,917Net Assets 2012: $408,8912012Assets 2013: $370,930Liabilities 2013: $1,093Net Assets 2013: $369,8372013Assets 2014: $1,038,351Liabilities 2014: $373,997Net Assets 2014: $664,3542014Assets 2015: $1,231,698Liabilities 2015: $578,105Net Assets 2015: $653,5932015Assets 2016: $1,249,720Liabilities 2016: $546,202Net Assets 2016: $703,5182016Assets 2017: $1,341,048Liabilities 2017: $573,785Net Assets 2017: $767,2632017Assets 2018: $1,477,840Liabilities 2018: $535,971Net Assets 2018: $941,8692018Assets 2019: $1,459,659Liabilities 2019: $556,222Net Assets 2019: $903,4372019Assets 2020: $2,126,211Liabilities 2020: $562,129Net Assets 2020: $1,564,0822020Assets 2021: $2,986,371Liabilities 2021: $1,356,971Net Assets 2021: $1,629,4002021Assets 2022: $2,841,005Liabilities 2022: $1,162,392Net Assets 2022: $1,678,6132022Assets 2023: $2,247,265Liabilities 2023: $2,310,547Net Assets 2023: -$63,2822023Assets 2024: $3,750,266Liabilities 2024: $3,472,004Net Assets 2024: $278,2622024

Highlighted filing

2021

Assets$2,986,371
Liabilities$1,356,971
Net Assets$1,629,400

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $329,4762010Expenses 2011: $408,6252011Expenses 2012: $606,6492012Revenue 2013: $889,965Expenses 2013: $929,019Net Income 2013: -$39,0542013Revenue 2014: $1,193,462Expenses 2014: $1,117,745Net Income 2014: $75,7172014Revenue 2015: $1,280,930Expenses 2015: $1,291,691Net Income 2015: -$10,7612015Revenue 2016: $1,280,255Expenses 2016: $1,230,330Net Income 2016: $49,9252016Revenue 2017: $1,428,555Expenses 2017: $1,364,810Net Income 2017: $63,7452017Revenue 2018: $1,984,902Expenses 2018: $1,810,296Net Income 2018: $174,6062018Revenue 2019: $2,097,937Expenses 2019: $2,196,369Net Income 2019: -$98,4322019Revenue 2020: $3,666,203Expenses 2020: $3,005,558Net Income 2020: $660,6452020Revenue 2021: $4,446,523Expenses 2021: $4,188,525Net Income 2021: $257,9982021Revenue 2022: $6,215,333Expenses 2022: $6,136,902Net Income 2022: $78,4312022Revenue 2023: $4,500,209Expenses 2023: $6,010,162Net Income 2023: -$1,509,9532023Revenue 2024: $3,289,504Expenses 2024: $4,231,677Net Income 2024: -$942,1732024

Highlighted filing

2021

Revenue$4,446,523
Expenses$4,188,525
Net Income$257,998
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$4,461,641
Mission and Program Overview

Mission

The NWSHC is a community-based

The NWSHC is a community-based nonprofit organization that engages, educates and empowers the community ti improve housing for all. We accomplish our mission through housing counseling, financial education, community organizing, outreach, advocacy and supportive servies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$631,268$1,707,171▲ $1,075,903
Cash and Non-Interest-Bearing Accounts$954,444$746,280▼ $208,164
Land, Buildings, and Equipment, Net$532,107$527,239▼ $4,868
Prepaid Expenses and Deferred Charges$4,003$3,487▼ $516
Other Notes and Loans Receivable, Net$4,389$2,194▼ $2,195
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,126,211$2,986,371▲ $860,160
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$86,401$643,280▲ $556,879
Mortgage Notes Payable Secured by Investment Property$475,726$465,303▼ $10,423
Other Liabilities$2$248,388▲ $248,386
Total Liabilities$562,129$1,356,971▲ $794,842
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,446,584$1,355,619▼ $90,965
Net Assets With Donor Restrictions$117,498$273,781▲ $156,283
Total Net Assets Fund Balance$1,564,082$1,629,400▲ $65,318
Total Liabilities and Net Assets / Fund Balance$2,126,211$2,986,371▲ $860,160

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$262,931$57,520$320,451
Leasehold Improvements$214,308$45,006$259,314
Land$50,000-$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James W Rudyk JrExecutive DirectorFT$91,472$91,472

Board Members and Trustees

NameTitle
Francisco RamirezChairman
Stephen L ClearyChairman
Sasha OngtengcoVice Chair
Angela FontesDirector
Diana MirelesDirector
Josh PonceDirector
Juan CampuzanoDirector
Thomas BugielskiDirector
Laura SayenSecretary
Thomas NasetTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,365,533
Program Service Revenue
$37,740
Investment Income
$92
Other Revenue
$43,158
All Other Contributions
$1,469,717
Change in Net Assets
$257,998

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,446,523
Total Revenue per Audited Statements
$4,446,523
Total Revenue per Form 990
$4,446,523
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,128,763
Other Expenses$2,059,762
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,501,299$185,554-$1,686,853
Fees for Services Other$678,610$135,860-$814,470
Other Employee Benefits$133,634$64,916-$198,550
Office Expenses$130,056$28,874-$158,930
Payroll Taxes$102,228$49,660-$151,888
Information Technology$61,784$55,951-$117,735
Current Officers, Directors, Trustees, and Key Employees$81,410$10,062-$91,472
Occupancy$16,195$12,634-$28,829
Interest$21,194--$21,194
Fees for Services Accounting$2,398$12,509-$14,907
Depreciation Depletion$13,379$1,486-$14,865
Other Expenses$6,803$4,287-$11,090
Travel$5,160$192-$5,352
Fees for Services Legal$219$1,141-$1,360
Total Functional Expenses$3,608,776$579,749$0$4,188,525

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,188,525
Total Expenses per Audited Statements$4,188,525
Total Expenses per Form 990$4,188,525
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$58,276
Fundraising Direct Expenses$15,118
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Celebrate Home$58,276$58,276$15,118$43,158
Total Events$58,276$58,276$15,118$43,158
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to affiliated$248,388
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Board members received, reviewed and approved the Form 990 prior to filing with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All staff, volunteers and Board members review and sign off on a conflict of interest policy annually to monitor any changes or conflicts that may arise from year to year.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board President and the personnel committee of the Board researched compensation for similar positions in determining Executive Director compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Other staff positions compensation were researched by the Executive Director.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Northwest Side Housing Center
EIN
20-1413891
Phone
7732833888
Address
5233 W DIVERSEY, CHICAGO, IL 60639

Signing Officer

Name
James Rudyk
Title
Executive Director
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
32

Preparer

Firm
Wieland & Company Inc
Address
232 S Batavia Avenue, Batavia, IL 60510
Preparer
Paul H Wieland CPA
Phone
6304064490
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior year adjustment - change due to deconsolidation = -$192680

Financial Statement Notes

Part X : FIN48 Footnote

The Center is tax exempt under Internal Revenue Code Section 501 (c) (3), is classified as a public charity and has no unrelated business income. Accordingly, no provision for income taxes is reported.The financial statement effects of a tax position taken or expected to be taken are recognized when it is more likely than not, based on technical merits, that the position will be sustained upon examination.As of December 31, 2021, the Center had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.

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IRS990/MissionDesc0The NWSHC is a community-based nonprofit organization that engages, educates and empowers the community ti improve housing for all. We accomplish our mission through housing counseling, financial education, community organizing, outreach, advocacy and supportive servies.
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IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to affiliated
IRS990ScheduleD/RevenueSubtotalAmt04446523
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Center is tax exempt under Internal Revenue Code Section 501 (c) (3), is classified as a public charity and has no unrelated business income. Accordingly, no provision for income taxes is reported.The financial statement effects of a tax position taken or expected to be taken are recognized when it is more likely than not, based on technical merits, that the position will be sustained upon examination.As of December 31, 2021, the Center had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$3.47$0.28$3.29$4.23$0.94
2023Detailed filing. Detailed filing data is available for this year.$2.25$2.31$0.06$4.50$6.01$1.51
2022Detailed filing. Detailed filing data is available for this year.$2.84$1.16$1.68$6.22$6.14$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.99$1.36$1.63$4.45$4.19$0.26
2020Detailed filing. Detailed filing data is available for this year.$2.13$0.56$1.56$3.67$3.01$0.66
2019Detailed filing. Detailed filing data is available for this year.$1.46$0.56$0.90$2.10$2.20$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.48$0.54$0.94$1.98$1.81$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.57$0.77$1.43$1.36$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.25$0.55$0.70$1.28$1.23$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.58$0.65$1.28$1.29$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.37$0.66$1.19$1.12$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.89$0.93$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.01$0.41$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$0.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.33