New York · Nonprofit
NEIGHBORS OF WATERTOWN INC
NEIGHBORS OF WATERTOWN INC (New York) receives grants from 1 organization whose IRS filings report $45,000 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($45,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $6.9M
- Funders on record
- 1
- Grants received
- $45k
- Net assets
- $20M
What Neighbors of Watertown Inc does
Mission
Low income & single occupancy housing
As stated on its FY2024 Form 990.
Programs
Provide home rehabilitation to income qualified homeowners through federal and state grant funds.
$1,792,854 spentof which $1,557,563 as grants30% of program spendingProvide low income housing and single occupancy housing and assistance to low income individuals and families seeking affordable housing as well as commercial revitalization in downtown watertown, new york area.
$3,690,932 spent$4,137,029 earned by the program62% of program spendingProvide support services to individuals needing assistance in learning to live independently, who reside in single room occupancy units.
$273,166 spent$136,441 earned by the program5% of program spendingPerform neighborhood and rural preservation activities in the jefferson county area.
$208,371 spent3% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,965,323.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $21M to $29M (+36%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 31% · 2018 59% · 2019 76% · 2020 80% · 2021 65% · 2022 39% · 2023 31% · 2024 35%. Grants only. Government contracts and fees sit inside program revenue.
35% of NEIGHBORS OF WATERTOWN INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Reg Schweitzer
Exec. Director
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2017 and FY2018 filings.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of NEIGHBORS OF WATERTOWN INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of NEIGHBORS OF WATERTOWN INC's grant income comes from New York funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NEIGHBORS OF WATERTOWN INC is better cushioned than half of the 3,973 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024
Organizations like NEIGHBORS OF WATERTOWN INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 8 related entities
- 50 Public Square · disregarded
- Hkbbe Redevelopers Limited Partnership · disregarded
- Buck Limited Partnership · partnership
- Burdick Limited Partnership · partnership
- Marcy LP · partnership
Screen this organization
A dated, signed PDF of the compliance screen for NEIGHBORS OF WATERTOWN INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEIGHBORS OF WATERTOWN INC?
- NEIGHBORS OF WATERTOWN INC (New York) receives grants from 1 organization whose IRS filings report $45,000 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($45,000). 0 of them have funded it in more than one year.
- How many funders does NEIGHBORS OF WATERTOWN INC have?
- IRS filings report 1 organization giving $45,000 in grants to NEIGHBORS OF WATERTOWN INC.
- Who is the largest funder of NEIGHBORS OF WATERTOWN INC?
- LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $45,000 in grants. The full list of funders is on this page.
- How can an organization like NEIGHBORS OF WATERTOWN INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Neighbors of Watertown →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing