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CHARITY REVIEW
Issued: January 2025 Expires: January 2026

House of Neighborly Service

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
1511 E 11th St
Loveland, CO, 80537-5005

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

House of Neighborly Service meets the 20 Standards for Charity Accountability.

Stated Purpose:

Year, State Incorporated:
1961, CO

House of Neighborly Service is a resource center that provides a wide array of services from the very basics of food, clothing, transportation and utility assistance, to education in the areas of parenting and financial literacy to households that have income at or below 70% Area Medium Income. We serve our neighbors in need, from people who own homes to individuals and families experiencing homelessness, those on fixed incomes, the elderly, the disabled, the solo parent, and more of the many residents in Loveland, Berthoud, Northwest Johnstown and South Fort Collins (Thompson R2-J school district). 

For the year ended June 30, 2024, House of Neighborly Service's program expenses were:

Programs $2,254,952
Total Program Expenses $2,254,952

Chief Executive
Cherri Houle, Executive Director

Compensation*
$83,178

Chair of the Board
Mike Fallon, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
8

Paid Staff Size
27

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Direct mail appeals, Door-to-door solicitation, Grant proposals, Internet

% of Related Contributions on Fundraising: 8.59%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on House of Neighborly Service's audited financial statements for the year ended June 30, 2024.

Source of Funds
Investment Income $28,369
Program Service Revenue $73,723
Other Revenue $170,552
Contributions and Grants $2,538,835
Total Income $2,811,479

Programs: 76% Fundraising: 7% Administrative: 17%

Total Income $2,811,479
Total expenses: $2,971,452
  Program expenses $2,254,952
  Fundraising expenses $217,970
  Administrative expenses $498,530
  Other expenses $0
Income in Excess of Expenses $-159,973
Beginning Net Assets $6,626,934
Other Changes In Net Assets $0
Ending Net Assets $6,466,961
Total Liabilities $2,147,189
Total Assets $8,614,150

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Serving Northern Colorado and Wyoming