NEIGHBORHOOD HOUSING SERVICES OF THE LEHIGH VALLEY INC
239 NORTH TENTH STREET, ALLENTOWN, PA 18102 www.nhslv.org

Total Revenue
$117,739
Total Expenses
$153,301
Net Assets
$159,346

Organizations Filed Purposes: TO INCREASE THE FINANCIAL STABILITY OF FAMILIES AND INDIVIDUALS BY PROVIDING PROGRAMS AND SERVICES THAT CREATE AND PRESERVE OPPORTUNITIES FOR HOMEOWNERSHIP AND DECENT, SAFE AND AFFORDABLE HOUSING.

TO FACILITATE AND PROVIDE AFFORDABLE HOUSING PROGRAMS AND INITIATIVES FOR ALL PEOPLE

AFFORDABLE HOUSING AND HOME OWNERSHIP PROGRAM: NHS OF THE LEHIGH VALLEY DISTRIBUTES PROGRAM INFORMATION AND ADMINISTERS THE HOME OWNERSHIP OUTREACH PROGRAM (HOOP) IN THE CITY OF ALLENTOWN, CITY OF BETHLEHEM, CITY OF EASTON, AND LEHIGH AND NORTHAMPTON COUNTY. THE STAFF QUALIFIES APPLICANTS FOR THIS HOMEBUYER MORTGAGE PROGRAM. NHS OF THE LEHIGH VALLEY FACILITATES AND ORIGINATES SOFT SECOND AND/OR THIRD LEINS AGAINST THE PROPERTY TO SECURE THE REPAYABLE LOAN AND/OR THE FORGIVABLE LOAN IN THE CITY OF ALLENTOWN AND LEHIGH COUNTY. THESE FUNDS ARE USED SPECIFICALLY TO ASSIST WITH DOWN PAYMENT AND CLOSING COSTS FOR FIRST TIME HOMEBUYERS THAT FALL WITHIN THE APPROVED LOW-TO-MODERATE HUD INCOME GUIDELINES. 2019 PROGRAM ACCOMPLISHMENTS: WE ASSISTED 45 LEHIGH VALLEY FAMILIES BUY THEIR FIRST HOME, LENDING $332,931 IN DOWN-PAYMENT AND CLOSING COST ASSISTANCE. WE ALSO ADMINISTERED 11 FORGIVABLE LOANS FOR A TOTAL OF $40,000 FOR FIRST-TIME HOME-BUYERS PURCHASING HOMES IN THE CITY OF ALLENTOWN OR LEHIGH COUNTY.

FINANCIAL COUNSELING AND EDUCATION SERVICES: NHS OF THE LEHIGH VALLEY PROVIDES FINANCIAL COUNSELING AND/OR REFERRALS FOR CONSUMERS WITH BUDGET, CREDIT, OR HOME OWNERSHIP NEEDS. INFORMATION IS PROVIDED ON THE VARIETY OF LOAN PROGRAMS AVAILABLE THROUGH LOCAL MUNICIPALITIES AND OTHER AGENCIES. CREDIT COUNSELING IS OFFERED TO ALL RESIDENTS WITHIN THE LEHIGH VALLEY. OTHER EDUCATIONAL NEEDS ARE REFERRED TO APPROPRIATE SOCIAL SERVICE AGENCIES. 2019 PROGRAM ACCOMPLISHMENTS: HOME-BUYER EDUCATION PROGRAM (FASTRAC) CLASSES STARTED IN NOVEMBER 2018 AND CONTINUE TO FLOURISH IN THE LEHIGH VALLEY. OVER 125 POTENTIAL FIRST-TIME HOME-BUYERS IN THE LEHIGH VALLEY ATTENDED THE CLASS. THE KEY TO FIRST-TIME HOME-BUYERS TO BECOME SUCCESSFUL AND SUSTAINABLE HOME-OWNERS IS EDUCATION. PRE-PURCHASE ONE-ON-ONE COUNSELING AND BUDGET/CREDIT COUNSELING WAS PROVIDED TO 57 INDIVIDUAL PARTICIPANTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Stephen GieringerEXECUTIVE DIRECTOR20$0
Marlene BoydDIRECTOR1$0
Juan ZabalaDIRECTOR1$0
Dr Joseph AmpreyDIRECTOR1$0
Aaron BoothDIRECTOR1$0
Judy Vas KorlisDIRECTOR1$0
Christopher WintersDIRECTOR1$0
Erica WennellDIRECTOR1$0
Erika HofmannDIRECTOR1$0
Edgar CortezDIRECTOR1$0
Pamela ShenkDIRECTOR1$0
John SchmoyerDIRECTOR1$0
Glenn KeyAT LARGE MEMBER5$0
Turie SotzinTREASURER5$0
Beth Bowers EsquireSECRETARY5$0
Marisol TorresVICE PRESIDENT5$0
Lucy CortezPRESIDENT5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202022689349300317_public.xml