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Neighborhood Housing Services of Orange County Inc

 128 East Katella Avenue, Suite 200
 Orange, CA 92867
[P] (714) 490-1250
[F] (714) 490-1263
www.nwoc.org
[email protected]
Karla Lopez del Rio
FOUNDED: --
INCORPORATED: 1977
 Printable 1 Page Summary
 Printable Profile
Organization DBA NeighborWorks Orange County
Former Names Neighborhood Housing Services of Orange County (1977)
Organization received a competitive grant from the community foundation in the past five years No
Employer Identification Number 95-3130152 00000

Summary


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Mission StatementMORE »

NeighborWorks Orange County strengthens communities and enhances the quality of life for working families by expanding housing opportunities, promoting sound financial management and encouraging civic engagement.

Mission Statement

NeighborWorks Orange County strengthens communities and enhances the quality of life for working families by expanding housing opportunities, promoting sound financial management and encouraging civic engagement.

FinancialsMORE »

Fiscal Year 2017
Projected Expenses $2,829,171.00
Projected Revenue $2,829,665.00

ProgramsMORE »

  • HomeOwnership Center

Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2010 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview


Mission Statement

NeighborWorks Orange County strengthens communities and enhances the quality of life for working families by expanding housing opportunities, promoting sound financial management and encouraging civic engagement.

Background Statement

Established in 1977, NeighborWorks Orange County is a 501(c)(3) California non-profit organization which strengthens communities and enhances the quality of life for working families by expanding housing opportunities, promoting sound financial management and encouraging civic engagement. NeighborWorks Orange County has also enjoyed remarkable success in turning marginal neighborhoods into attractive, desirable and affordable places to live by developing and preserving quality residential housing.  NeighborWorks Orange County strengthens communities and enhances the quality of life for working families by expanding housing opportunities, promoting sound financial management and encouraging civic engagement.  NeighborWorks Orange County is a Chartered Member of NeighborWorks Network sponsored by NeighborWorks America and is certified by the U.S. Treasury Department as a Community Development Financial Institution (CDFI).   NeighborWorks Orange serves all of Orange County.

Impact Statement

NeighborWorks Orange County strives to be the recognized leader, non-profit partner, and facilitator of collaborative efforts in Orange County, to find and implement innovative housing solutions that are accessible to families. NeighborWorks Orange County celebrates and encourages diverse contributions of resident leaders, business & government partners, developers and funders to ensure that Orange County is a place where families with a wide range of incomes can live in quality housing and healthy neighborhoods.

Needs Statement

NeighborWorks Orange County works in partnership with an array of institutions to leverage contributions and grants from donors.

CEO Statement

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Board Chair Statement

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Other Ways to Donate/Volunteer

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Geographic Area Served

In a specific U.S. city, cities, state(s) and/or region.
Central Orange County
West Orange County
South Orange County
North Orange County
County of Orange, California

Organization Categories

  1. Housing, Shelter - Housing Support
  2. Community Improvement, Capacity Building - Community Improvement, Capacity Building N.E.C.
  3. Community Improvement, Capacity Building - Community & Neighbourhood Development

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Programs


HomeOwnership Center

Our HomeOwnership Center is a onestop shop for families and individuals interested in purchasing a home with a focus on reaching the low to moderate income community. We enhance economic opportunities for our clients by providing education in the form of workshops throughout the County, as well as one-on-one
counseling in the areas of financial literacy, home buyer education, and foreclosure prevention, in addition to down payment assistance home
loans. Together with our other services, the HomeOwnership Center provides a clear path to homeownership for individuals who may not know where to start.
Budget  $1,171,730.00
Category  Housing, General/Other Housing, General/Other
Population Served Families
Program Short-Term Success 
530 Individuals Educated through Home Buyer Workshops
219 Roadmaps generated through one-on-one coaching
67 New Homeowners created
43 Homes prevented from foreclosure
199 Individuals educated through financial fitness workshops 
Program Long-Term Success 
Total number of individuals receiving credit repair/personal financial management or asset building services (HR): 400
 
Total number of individuals receiving foreclosure prevention or loss mitigation services (HR): 1200
 
Total number of individuals receiving home ownership counseling services: 500
 
 
 
Program Success Monitored By 
Metrics are measured and evaluated with CounselorMax, a case and client management system, which we have been using for the past three years. We evaluate the program based on client readiness to purchase, which breaks down as follows: number of homes purchased after attendance in the homebuyer education workshop; mortgage ready
in 90 days after attendance of workshop and counseling; mortgage ready in 90 to 180 days after attendance of workshop and counseling. Client progress is measured through interviews, surveys, and pre and
post tests.
Examples of Program Success 
Every day in their three bedroom apartment in Stanton, Gabriel and Mayra Reyes' nine year old daughter, Brianna, prayed for a house and a puppy. Gabriel and Mayra, also parents to a three year old daughter and fifteen year old foster daughter, needed more room for their growing family; they longed to give their children the stability neither of them had experienced while growing up in apartment buildings and with various family members.
 
"We wanted our kids to have the freedom to play outside and know that they were safe", Mayra says. But their dream of one day owning a home seemed almost impossible. Mayra and Gabriel have served as foster parents for over five years in a special program for children with behavioral issues and found that many lenders would not consider this nontaxable source of income. They were told by other
realtors to look elsewhere in places like Riverside or San Bernardino County because Orange County home prices would be out of their reach. Doing so, however, would mean Mayra and Gabriel could no longer continue to serve as a stepping stone for these foster children because the program only exists in Orange County.
 
With the help of NeighborWorks Orange County's dedicated staff, coupled with our down payment options, the Reyes family now lives in a beautiful three bedroom, two bath home in Buena Park with a huge yard for their girls to enjoy.
 
"My only regret is not knowing about NeighborWorks Orange County's programs sooner. Home is now a safe haven for us," Mayra says, beaming.

Management


CEO/Executive Director Ms. Helen O'Sullivan
CEO Term Start --
CEO Email [email protected]
CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
Mr. Glenn Hayes President / CEO --
Karla Lopez del Rio AVP, Community Building Manager --
Helen O'Sullivan Senior Vice Presient, Programs and Administration --

Awards

Award Awarding Organization Year
Community Impact Award California State Senator Lou Correa 2011

Affiliations

Affiliation Year
National Council of La Raza (NCLR) - Affiliate 1995
NeighborWorks Organization Neighborhood Reinvestment Corporation - Member 1977

External Assessments and Accreditations

External Assessment or Accreditation Year
NeighborWorks America 2010
United States Department of Housing and Urban Development (HUD) - Housing Counseling Agency Certification 2010
Community Development Financial Institutions Fund of the United States Department of the Treasury 2000

Collaborations

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Staff Information

Number of Full Time Staff 20
Number of Part Time Staff 1
Number of Volunteers 275
Number of Contract Staff 0
Staff Retention Rate % --
Staff Professional Development Yes

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 6
Caucasian: 4
Hispanic/Latino: 12
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 15
Male: 4
Not Specified --

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Yes
Years Strategic Plan Considers --
Management Succession Plan Yes
Organization Policies And Procedures Yes
Business Continuity of Operations Plan --

Risk Management Provisions

Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Government Licenses

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CEO Comments

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Foundation Comments

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Governance


Board Chair Gary Dunn
Board Chair Company Affiliation CapitalSource Bank
Board Chair Term July 2013 - June 2016
Board Co-Chair Vivian Pham
Board Co-Chair Company Affiliation Well Fargo Bank
Board Co-Chair Term July 2013 - June 2016

Board Members

Name Company Affiliations Status
Ed Adams US Bank Voting
Iosefa Alofaituli Oak View Renewal Partnership --
Cesar Covarrubias Kennedy Commission --
Gary Dunn Banc of California --
Rose Espinoza La Habra City Counsel --
Hilda Flores Woodcrest Elementary --
Warren Harris Luther Burbank Savings Voting
Andy Lamb Sunwest Bank --
Nora Mendez Orange County Community Housing Corporation Voting
Elsa Monte Sunwest Bank Voting
Eric Nelson -- Voting
Vivian Pham Wells Fargo --
Cesar Plascencia Santa Ana Advisory Board Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Additional Board Members and Affiliations

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 2
Caucasian: 8
Hispanic/Latino: 6
Native American/American Indian: 0
Other: --
Other (if specified): --
Gender Female: 7
Male: 10
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits 3
Board Meeting Attendance % 70%
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 92%
Percentage of In-Kind Contributions --
Board Orientation --

CEO Comments

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Foundation Comments

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Standing Committees

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2010 (%)

Fiscal Year July 01, 2016 to June 30, 2017
Projected Revenue $2,829,665.00
Projected Expenses $2,829,171.00
Form 990s

2015 Form 990

2014 Form 990

2013 NWOC - 990

2012 NWOC - 990

2011 NWOC - 990

2010 Form 990

Audit Documents

2014 NWOC - Audited Financials

2013 NWOC - Audited Financials

2012 NWOC - Audited Financials

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2014 2013 2010
Total Revenue $5,035,324 $6,106,631 $6,780,550
Total Expenses $4,157,409 $5,996,753 $3,571,972

Prior Three Years Revenue Sources

Revenue By Revenue Source
Fiscal Year 2014 2013 2010
Foundation and
Corporation Contributions
$357,951 $130,592 $330,863
Government Contributions $1,935,114 $3,853,720 $5,052,920
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified $1,935,114 $3,853,720 $5,052,920
Individual Contributions -- -- --
Indirect Public Support $0 $0 $0
Earned Revenue $1,987,751 $1,247,763 $864,908
Investment Income, Net of Losses $290,701 $181,056 $425,193
Membership Dues $0 $0 $0
Special Events $0 $0 $36,812
Revenue In-Kind $0 $4,370 $0
Other $570,293 $689,130 $-43,518

Prior Three Years Expense Allocations

Expense By Type
Fiscal Year 2014 2013 2010
Program Expense $3,418,808 $5,300,534 $3,221,403
Administration Expense $538,082 $488,543 $236,649
Fundraising Expense $200,519 $207,676 $113,920
Payments to Affiliates $0 -- $0
Total Revenue/Total Expenses 1.21 1.02 1.90
Program Expense/Total Expenses 82% 88% 90%
Fundraising Expense/Contributed Revenue 9% 5% 2%

Prior Three Years Assets and Liabilities

Assets and Liabilities
Fiscal Year 2014 2013 2010
Total Assets $29,084,392 $30,789,693 $22,675,865
Current Assets $15,645,817 $17,294,140 $9,403,456
Long-Term Liabilities $9,561,266 $11,361,595 $9,647,091
Current Liabilities $628,942 $1,411,829 $497,471
Total Net Assets $18,894,184 $18,016,269 $12,531,303

Short Term Solvency

Fiscal Year 2014 2013 2010
Current Ratio: Current Assets/Current Liabilities 24.88 12.25 18.90

Long Term Solvency

Fiscal Year 2014 2013 2010
Long-term Liabilities/Total Assets 33% 37% 43%
Endowment Value --
Spending Policy --
Percentage(If selected) --
Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose Obtain capital from which affordable loans can be created and replicated in the future.
Campaign Goal $3,000,000.00
Capital Campaign Dates July 2011 - June 2013
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? Yes

CEO Comments

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Foundation Comments

 Summary financial data is per the Form 990s and consultation with the organization. Foundation/corporate and individual contributions are combined under Foundation and Corporation Contributions.

Documents


Other Documents

No Other Documents currently available.