Neighborhood of Affordable Housing Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
SEE PAGE 1, LINE 1.
- Income
- $5.7 million
- Spending
- $6.9 million
- Spent on programs
- 92%
- Reserves
- -31 months of spending
- Largest source of income
- government grants, 48%
- Employees
- 25
- Volunteers
- 65
- Highest pay
- $206,760, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 15 out of 100. Higher than 0% of charities in its peer group (housing, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 100% of what it owns.
Living within its means
0 of 15Spending exceeded income by 20% of income.
Income trend
0 of 15Income fell 47% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (7)
- $2.0 million spent. NOAH RENTAL HOUSING COUNSELING/HOMELESSNESS PREVENTION PROGRAMMING: THIS FREE, BILINGUAL PROGRAM IS COMPRISED OF SEVERAL RELATED SERVICE LINES, ALL WORKING TO HELP NO-, LOW- OR MODERATE-INCOME HOUSEHOLDS MOVE ALONG THE HOUSING SPECTRUM FROM BEING EITHER HOMELESS OR AT RISK OF HOMELESSNESS TO BEING ABLE TO OBTAIN SHELTER OR ELSE TO RETAIN OR OBTAIN APARTMENT HOMES. THESE SERVICE LINES INCLUDE: -EHAP (EMERGENCY HOUSING ASSISTANCE PROGRAM) - SERVES NEWLY HOMELESS DISASTER VICTIMS; PROVIDES SHORT-TERM EMERGENCY HOTEL STAYS IMMEDIATELY FOLLOWING ANY SUCH RED CROSS ASSISTANCE, AS WELL AS MOVE-IN GRANTS PAID TO THE NEW LANDLORD (DEPOSIT FOR FIRST/ OR LAST MONTH RENT UP TO $3,200); ALSO PROVIDES COUNSELING/CASE MANAGEMENT, AS NEEDED. THIS EHAP PROGRAM WAS FIRST ESTABLISHED IN 2020 AND BENEFITED 3,506 GRANT RECIPIENTS THUS FAR AND WILL CONTINUE INTO 2025.-FSNP (FAMILY SAFETY NET) - SERVES RECENTLY HOMELESS FAMILIES WITH MINOR CHILDREN; PROVIDES SHORT-TERM EMERGENCY HOTEL STAYS, REFERRALS, AND/OR COUNSELING/CASE MANAGEMENT ASSISTANCE IN TRANSITIONING TO SHELTER OR HOUSING-FAP (FINANCIAL ASSISTANCE) - SERVES HOMELESS OR THOSE AT RISK OF HOMELESSNESS; PROVIDES RENTAL FUNDING GRANTS PAID TO LANDLORDS TO PREVENT EVICTIONS 'UPSTREAM' (PREFERRED) OR FOR FIRST OR LAST AND DEPOSIT FOR NEW APARTMENTS UP TO $2,500-HOMELESSNESS PREVENTION - PROVIDES COUNSELING AND/OR CASE MANAGEMENT FOR HOUSEHOLDS AT RISK OF HOMELESSNESS SOON, BUT NOT IMMEDIATELY OR FOR THOSE WHO DO NOT MEET THE CRITERIA OF THE THREE SERVICE LINES ABOVE-COVID-19 RENT RELIEF - SERVES HOUSEHOLDS NEGATIVELY IMPACTED FINANCIALLY BY COVID-19; PROVIDES RENT PAYMENTS TO LANDLORDS TO KEEP HOUSEHOLDS IN THEIR APARTMENT HOMES THROUGH PAYING RENTAL ARREARS AND/OR FUTURE STIPENDS; ALSO PAYS LATE UTILITY BILLS UP TO $1,500 AND/OR MOVE-IN COSTS.
- $2.2 million spent. RENTAL: PROVIDES AFFORDABLE HOUSING TO PEOPLE IN NEED.
- $413,772 spent. REAL ESTATE AND ECONOMIC DEVELOPMENT: DEVELOP AFFORDABLE HOUSING OWNERSHIP AND RENTAL UNITS FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.
- $198,650 spent. SENIOR HOME REPAIR: ASSISTS LOW INCOME SENIORS WHO ARE HOMEOWNERS IN MAINTAINING THEIR RESIDENCES SAFELY AND UPGRADE AND REPAIR HEATING SYSTEMS.
- $547,613 spent. HOMEBUYER SERVICES: PROVIDES SERVICES RELATED TO HOME BUYING TO FIRST TIME HOMEBUYERS WHO ARE PRIMARILY LOW TO MODERATE INCOME INDIVIDUALS/FAMILIES. ALSO PROVIDES SERVICES RELATING TO FORECLOSURE MITIGATION AND PREVENTION COUNSELING. NOAH OFFERS THIS TO INDIVIDUALS AND FAMILIES WHO ARE BEHIND ON THEIR MORTGAGE PAYMENTS OR MAY SOON BECOME SO, OR IN THE FORECLOSURE PROCESS WITH THEIR LENDERS. FINANCIAL LITERACY, CREDIT AND BUDGETING EDUCATION: PROVIDES LOW-AND MODERATE INCOME COMMUNITY MEMBERS UP TO EIGHT HOURS OF FREE COURSEWORK TEACHING HOW TO ESTABLISH AND MAINTAIN A RECORD OF GOOD CREDIT, HOW TO UNDERSTAND CREDIT SCORING AND HOW TO SET AND REACH FINANCIAL GOALS. ALSO OFFERS FREE VOLUNTEER INCOME TAX ASSISTANCE DURING THE TAX YEAR FOR LOW-MODERATE INCOME INDIVIDUALS AND FAMILIES WHO QUALIFY.
- $487,107 spent. PROPERTY MANAGEMENT: OVERSEES APPROXIMATELY 130 UNITS OF AFFORDABLE HOUSING PRIMARILY IN EAST BOSTON, INCLUDING TRINITY HOUSE, WHICH IS DEDICATED TO THE HOMELESS.
- $435,192 spent. COMMUNITY SERVICES: WORKS WITH COMMUNITY MEMBERS FROM EAST BOSTON TO IMPROVE THE ENVIRONMENT, ENHANCE THE QUALITY OF LIFE AND DEVELOP LEADERSHIP SKILLS OF RESIDENTS OF EAST BOSTON AND BEYOND. THESE GOALS ARE ACHIEVED BY INVOLVING A BROAD RANGE OF RESIDENTS AND COMMUNITY ASSOCIATIONS IN THE PLANNING, DESIGN, IMPLEMENTATION, MAINTENANCE, AND PROGRAMMING OF ENVIRONMENTAL RESTORATION PROJECTS, AS WELL AS COMMUNITY ORGANIZING PROJECTS. ALSO PROVIDES ENGLISH CLASSES FOR SPEAKERS OF OTHER LANGUAGES (ESOL), AND SUMMER SOCCER AND SCHOOLYARD PROGRAMS FOR CHILDREN.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.