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Neighborhood of Affordable Housing Inc

 143 Border Street
 East Boston, MA 02128
[P] (617) 567-5882 x 246
[F] (617) 5677563
www.noahcdc.org
[email protected]
Linda Miller-Foster
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INCORPORATED: 1987
 Printable Profile (Summary / Full)
EIN 04-2964630

LAST UPDATED: 09/06/2017
Organization DBA NOAH
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

Mission StatementMORE »

NOAH, the Neighborhood of Affordable Housing, is an East Boston-based community development corporation structured to collaborate with and support residents and communities in their pursuit of affordable housing strategies, environmental justice, community planning, leadership development, and economic development opportunities. NOAH eagerly partners with those residents, neighborhood entities, municipalities or groups that share similar values and goals in order to improve standards of living, build community, and create social/economic opportunities, especially for low and moderate-income persons, families and disadvantaged groups or areas. NOAH's goals and programs are built on a commitment to equality, fairness, diversity and respect for all people.

Mission Statement

NOAH, the Neighborhood of Affordable Housing, is an East Boston-based community development corporation structured to collaborate with and support residents and communities in their pursuit of affordable housing strategies, environmental justice, community planning, leadership development, and economic development opportunities. NOAH eagerly partners with those residents, neighborhood entities, municipalities or groups that share similar values and goals in order to improve standards of living, build community, and create social/economic opportunities, especially for low and moderate-income persons, families and disadvantaged groups or areas. NOAH's goals and programs are built on a commitment to equality, fairness, diversity and respect for all people.

FinancialsMORE »

Fiscal Year Jan 01, 2017 to Dec 31, 2017
Projected Income $2,682,033.00
Projected Expense $2,596,871.00

ProgramsMORE »

  • Community and neighborhood building and environmental restoration and justice initiatives
  • Housing Counseling & Homeowner Services
  • NOAH All Program Lines
  • Property Management
  • Real Estate Development

Revenue vs. Expense ($000s)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

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


Overview

Mission Statement

NOAH, the Neighborhood of Affordable Housing, is an East Boston-based community development corporation structured to collaborate with and support residents and communities in their pursuit of affordable housing strategies, environmental justice, community planning, leadership development, and economic development opportunities. NOAH eagerly partners with those residents, neighborhood entities, municipalities or groups that share similar values and goals in order to improve standards of living, build community, and create social/economic opportunities, especially for low and moderate-income persons, families and disadvantaged groups or areas. NOAH's goals and programs are built on a commitment to equality, fairness, diversity and respect for all people.

Background Statement

NOAH began serving East Boston in 1987 as a two-person organization operating from a church basement. Our full-time staff has since grown to 20, is largely bilingual and multi-cultural, and is housed in a modern facility built by NOAH. As a non-profit, multi-service community development corporation, NOAH was the first in the Boston area to establish itself regionally, with affordable housing developments in East Boston, Everett, Beverly, Holliston, North Andover, Carlisle, Webster and Middleboro. We were also one of the first to establish both community and environmental programming in conjunction with our housing work; and we were one of the first in the area to develop a comprehensive, collaborative program to combat the current foreclosure crisis. NOAH has been ahead of its time in creating numerous partnerships and collaborations throughout the region.  

NOAH has a strong track record. It has been a United Way affiliate since 2000, and is a chartered member of the NeighborWorks® America network, holding its highest rating of 'exemplary'. NOAH has also been a City/State leader in the production of one-to-four family housing units. NOAH has won awards from Pew Charitable Foundation and Lilly Endowment, and is a former East Boston Chamber of Commerce “Business of the Year” awardee. When it comes to creating new homeownership opportunities over the past five years, over 800 households became first-time homeowners through NOAH’s education and counseling services over the last seven years. We have developed and rehabilitated 425 affordable units within 72 properties. NOAH owns 22 properties with a total of 305 affordable units, and operates a full range of other bilingual affordable housing services. We run Trinity House, a 16-room SRO for the homeless, in a historic building in East Boston. Annually, we hold 12+ CHAPA-certified first-time homebuyer courses as well as an online course, have a free rental/emergency housing counseling/homelessness prevention program, and make over 350 free repairs and handicapped-accessibility improvements for lower-income senior and disabled citizens in need. NOAH directly serves over 1,000 low- and low-moderate-income housing client families each year. NOAH offers 50% State Community Investment Tax Credits (CITCs), as available, to  donors of $1,000 or more; in 2017, NOAH was awarded $150,000 in CITCs.

Impact Statement

NOAH is a bilingual non-profit offering free or very low-cost services in both English and Spanish for Greater Boston area residents. For 30 years, NOAH has worked on both local and regional levels towards achieving the National Housing Goal of "decent homes and suitable living environments" for all residents. NOAH serves over 2,000 disadvantaged Greater Boston and North Shore Region residents each year. NOAH's work has helped transform the East Boston landscape with its involvement in the development of seven schoolyards, a four-and-a-half acre waterfront 'Urban Wild' park, a youth-run Community Garden and outdoor classroom, and more. Each year it hosts a seven-week Children's Schoolyard Program and a summer-long Children's and Youth Soccer Program, as well as a year-round Environmental Restoration Youth Leadership Program. NOAH's ClimateCARE initiative is working to implement resident-driven resiliency activities within East Boston. NOAH offers English for Speakers of Other Languages as well as US Citizenship courses and Financial Capability courses and coaching. It also has numerous housing-related initiatives, including senior and disabled home-safety repairs, homelessness prevention/emergency/rental housing counseling, foreclosure prevention and mitigation counseling, first-time home buyer education, affordable real estate development, and property management of its own affordable housing (5% for the homeless). Over the past 30 years, NOAH has created investments of over $401.7 million in Eastern Massachusetts. 

Needs Statement

While NOAH is looking for organizational funding in support of all of its programs, we are particularly looking for funding in any amount for our: 1. youth environmental leadership program; 2. East Boston environmental restoration and climate change resiliency related work; 3. English for Speakers of Other Languages and US Citizenship courses; 4. bilingual financial education counseling and workshops; and 5. new server/IT upgrade, including 25 new laptops or tablets for our computer lab area (utilized for Tech Goes Home classes, free VITA tax preparation, and law school interns and other volunteers).

CEO Statement

We remain very grateful that last year was once again both productive and financially stable for our organization. We sincerely appreciate all those who invested in our work, guided our planning and provided capital for our affordable housing, community building, financial education and foreclosure prevention programs. These partnerships work because here in Boston and in Massachusetts we are fortunate to have government, and businesses, that value people and programs. Looking back at 2016 and 2017, we did well serving our communities. Looking ahead, we continue to need your support as we grapple with housing and neighborhood/community issues large and small. Affordable housing, climate change storm-surge awareness and resiliency planning, environmental restoration, and children's and youth programming remain areas in need of outside funding; as are our financial literacy/capability and foreclosure prevention programs. We thank you in advance for any assistance, whether volunteer help or financial support. We have been awarded 2017 50% Massachusetts Community Investment Tax Credits for donors of $1,000 and over.
 

Board Chair Statement

We are very proud of our Affordable Housing initiatives and of our Community Building/Environmental (CBE) Department, which has outstanding youth and children's programs. Our organizing staff is deeply involved in activities to clean and preserve the Mystic River Watershed and Chelsea Creek. Mitigating the effects of climate change and building resiliency are an increasing focus of our work, especially as our urban neighborhood of East Boston is on the water and will be dramatically affected by rising sea levels. English for Speakers of Other Languages is taught five days a week; and US Citizenship training is offered, as well. Housing programming is extensive, and offered in both English and Spanish.

Geographic Area Served

In a specific U.S. city, cities, state(s) and/or region.
GREATER BOSTON REGION, MA
City of Boston- East Boston
City of Boston- North End
City of Boston- Charlestown
NORTHEAST REGION, MA
NOAH serves clients and communities within the entire Greater Boston Region and the North Shore via its housing programming. Each fiscal year, approximately 2,100 residents from over 50 communities are served. On average, over 80% of NOAH's clients earn less than 80% of the AMI; and 45% of clients earn less than 50% of AMI. Approximately 50% of clients are Hispanic and/or Spanish speakers. For its community/residents service lines, East Boston (where our headquarters is located) remains a main focus.

Organization Categories

  1. Housing, Shelter - Housing Support
  2. Community Improvement, Capacity Building - Community & Neighbourhood Development
  3. Environment - Natural Resources Conservation & Protection

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

Community and neighborhood building and environmental restoration and justice initiatives

NOAH offers over twenty environmental restoration and justice, climate change mitigation or adaptation, and/or healthy living initiatives within or near Boston. These include children's and youth programs (including Soccer and the Schoolyard Summer Programs), the Chelsea Creek Action Group (CCAG), weatherization and energy efficiency (Renew Boston), and English for Speakers of Other Languages (ESOL).
Budget  $431,000.00
Category  Environment, General/Other Climatic Change
Population Served General/Unspecified Hispanic, Latino Heritage Children and Youth (0 - 19 years)
Program Short-Term Success  .
Program Long-Term Success  .
Program Success Monitored By  .
Examples of Program Success  .

Housing Counseling & Homeowner Services

Foreclosure Prevention and Mitigation Counseling, First-Time Homebuyer Education, Rental Placement Assistance and Senior Homeowner Safety/Repair Services
Budget  $630,000.00
Category  Housing, General/Other Affordable Housing
Population Served General/Unspecified Hispanic, Latino Heritage Elderly and/or Disabled
Program Short-Term Success  .
Program Long-Term Success  NOAH will assist at-risk, disadvantaged individuals and families in the extended Greater Boston Region obtain and retain secure, decent homes.
Program Success Monitored By  .
Examples of Program Success  .

NOAH All Program Lines

Housing: For low and moderate income families and individuals: provide bilingual homelessness prevention services; emergency and non-emergency rental housing counseling; first-time homebuyer and homeowner education, foreclosure prevention education, and financial fitness; one-on-one housing counseling;  develop new affordable housing; and maintain NOAH's own affordable rental property (5% for homeless clientele). Community Building & Environment: East Boston Schoolyards Initiative; East Boston Environmental, Chelsea Creek Action Group and Environmental Youth Leadership Crew; bilingual Elementary Schoolyard Summer Program; Community and Youth Soccer Program; Youth-Run Community Garden; English for Speakers of Other Languages and US Citizenship. Property/Asset Management of 265 affordable rental units owned. Free minor/emergency home repairs for Boston seniors. Affordable housing real estate development.
Budget  $2,500,000.00
Category  Community Development, General/Other Community Development, General/Other
Population Served At-Risk Populations General/Unspecified Children and Youth (0 - 19 years)
Program Short-Term Success  Each year, over 2000 individuals will receive free or low-cost housing related or community/neighborhood services.
Program Long-Term Success  NOAH helps disadvantaged, at-risk families, persons and children in all communities in the extended Greater Boston Region achieve the national housing goal - being able to afford a decent home in a suitable living environment - for 2,000 individuals per year, half of whom are Spanish Speakers. 
Program Success Monitored By  Each program line has at least one specific tool to measure or track success. For example, rental/emergency housing counseling, foreclosure prevention and mitigation counseling, financial capability/literacy education and coaching, and first-time homebuyer education and counseling are all tracked within the secure online CounselorMax system, which is used to upload directly to HUD and NeighborWorks America.
Examples of Program Success  In 2015, NOAH directly served over 2,100 individuals (3,500, if including family members). Over 60% were minority residents; and half were Spanish speakers. NOAH continues to meet all of its annual strategic planning goals, and ends its fiscal years 'in the black'.

Property Management

Property management and asset management of affordable rental units, 15% of which are for the homeless.
Budget  $275,500.00
Category  Housing, General/Other Affordable Housing
Population Served General/Unspecified Hispanic, Latino Heritage Homeless
Program Short-Term Success  .
Program Long-Term Success  NOAH will help at-risk or disadvantage individuals and working families attain and maintain affordable rental units in the extended Greater Boston Region.
Program Success Monitored By  .
Examples of Program Success  .

Real Estate Development

Development of affordable real estate units for low- and moderate-income individuals and working families within the Greater Boston Region, both rental and home ownership. 
Budget  $355,000.00
Category  Housing, General/Other Affordable Housing
Population Served General/Unspecified At-Risk Populations Hispanic, Latino Heritage
Program Short-Term Success  --
Program Long-Term Success    NOAH will help make it possible for at-risk, low- or low-moderate income individuals or working families in the extended Greater Boston Region attain decent affordable housing.
Program Success Monitored By  --
Examples of Program Success  --

CEO/Executive Director/Board Comments

NOAH is pleased to have had another 'clean' annual audit reflecting increased revenues and assets and showing us to be a financially strong, $2+ million organization. A major challenge for all area CDC's remains to obtain adequate funding for the development of affordable housing and for maintaining much-needed services and programs for disadvantaged residents.

Management


CEO/Executive Director Mr. Philip Giffee
CEO Term Start July 1987
CEO Email [email protected]
CEO Experience Executive Director Philip Giffee has been with NOAH since our founding and works closely with staff in supervising their activities. He has over 30 years of community development and organizing experience, over 40 years of affordable housing-related experience, and is the recipient of a number of local awards.He is a co-founder of NOAH and of Shelter, Inc. (now Heading Home). 
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
Ms. Maura Camosse Tsongas Director of Real Estate --
Diana Franco Director of Homebuyer Services --
Linda Miller-Foster Director of Administration & Fundraising --
Mallory Nelson Director of Property Management --
Vinny Qualtieri Director of Finance --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
Massachusetts Nonprofit Network 2012
Massachusetts Association of Community Development Corporations (MACDC) 2000
CDC - State certified Community Development Corporation --
Member of state association of nonprofits? Yes
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- 2017

Collaborations

We have long believed that collaborations, affiliations and partnerships strengthen NOAH’s own internal capacity.  Some of our housing partners in addition to NeighborWorks® America and United Way of Massachusetts Bay and Merrimack Valley include: Massachusetts Housing Investment Corporation (MHIC), Boston’s Department of Neighborhood Development (DND), Community Economic Development Assistance Corporation (CEDAC), Massachusetts Department of Housing and Community Development (DHCD), Local Initiatives Support Corporation (LISC), Massachusetts Housing Partnership (MHP), Boston Community Capital (BCC), Citizens Bank, Boston Private Bank, Bank of America, TD Bank, Eastern Bank and Sovereign Bank. In the area of community building and the environment, NOAH collaborates directly with the Chelsea Green Space and Recreation Committee and the Urban Ecology Institute. From our partnerships with city and state agencies, pro bono legal services nonprofits, law schools, APAC, and the Lynn and Gloucester Housing Authorities in our social services/counseling lines, to real estate development partners, and more – NOAH embraces opportunities for partnering and collaborating both to increase its capacity and to augment its outcomes. Doing so has enabled us to become more and more productive and cost-effective.

CEO/Executive Director/Board Comments

--

Foundation Comments

--

Staff Information

Number of Full Time Staff 20
Number of Part Time Staff 11
Number of Volunteers 120
Number of Contract Staff 2
Staff Retention Rate % 81%

Staff Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 1
Caucasian: 9
Hispanic/Latino: 21
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 16
Male: 16
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 3
Management Succession Plan Under Development
Business Continuity of Operations Plan No
Organization Policies And Procedures Under Development
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

--

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

Governance


Board Chair Mr. Ernani DeAraujo Esq.
Board Chair Company Affiliation East Boston Neighborhood Health Center
Board Chair Term Jan 2011 - Dec 2017
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Mr. Greg Comeau CPA Deloitte & Touche LLP Voting
Ms. Kimberly Dawson Actors' Shakespeare Project Voting
Mr. Ernani DeAraujo Esq. The East Boston Health Center Voting
Ms. Lauren DeMayo CPA Deloitte Voting
Ms. Dharmena Downey Fenway CDC Voting
Mr. Mat Edlen Director Acquisitions & Development, Gerding Edlen Voting
Mr. Brian Gregory Gamble Associates Voting
Mr. Michael Lake World Class Cities Partnership, Northeastern University Voting
Ms. Gladys Oliveros Executive Director, Casa de Cultura Voting
Ms. Kyla Peircey Curley CPA StoneTurn Group Voting
Mr. Marc Savatski New Boston Ventures Voting
Mr. Robert Schmidt Retired Voting
Ms. Mary Ellen Welch Retired Voting
Mr. Michael Zaldumbide Citizens Bank Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 10
Hispanic/Latino: 4
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 6
Male: 8
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 33%
Constituency Includes Client Representation Yes

Standing Committees

  • Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
  • Executive
  • Finance
  • Program / Program Planning

CEO/Executive Director/Board Comments

--

Foundation Comments

--

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2015 2014 2013
Total Revenue $3,413,572 $2,882,316 $3,557,715
Total Expenses $2,880,329 $2,489,761 $2,974,564

Prior Three Years Revenue Sources

Fiscal Year 2015 2014 2013
Foundation and
Corporation Contributions
-- -- --
Government Contributions $491,634 $475,539 $203,589
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified $491,634 $475,539 $203,589
Individual Contributions $1,155,108 $788,646 $1,321,107
Indirect Public Support $60,480 $127,374 $128,749
Earned Revenue $1,694,151 $1,411,649 $1,709,174
Investment Income, Net of Losses $892 $26,701 $26,857
Membership Dues -- -- --
Special Events $2,622 $402 $56,744
Revenue In-Kind -- -- --
Other $8,685 $52,005 $111,495

Prior Three Years Expense Allocations

Fiscal Year 2015 2014 2013
Program Expense $2,325,823 $2,003,140 $2,597,472
Administration Expense $398,720 $325,821 $287,775
Fundraising Expense $155,786 $160,800 $89,317
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.19 1.16 1.20
Program Expense/Total Expenses 81% 80% 87%
Fundraising Expense/Contributed Revenue 9% 12% 5%

Prior Three Years Assets and Liabilities

Fiscal Year 2015 2014 2013
Total Assets $5,397,581 $4,988,788 $4,194,485
Current Assets $2,808,012 $3,128,151 $2,713,981
Long-Term Liabilities $2,225,636 $2,070,615 $1,661,771
Current Liabilities $209,055 $488,526 $331,582
Total Net Assets $2,962,890 $2,429,647 $2,201,132

Prior Three Years Top Three Funding Sources

Fiscal Year 2015 2014 2013
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy N/A
Percentage(If selected) --
Credit Line No
Reserve Fund Yes
How many months does reserve cover? 9.00

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2015 2014 2013
Current Ratio: Current Assets/Current Liabilities 13.43 6.40 8.18

Long Term Solvency

Fiscal Year 2015 2014 2013
Long-term Liabilities/Total Assets 41% 42% 40%

CEO/Executive Director/Board Comments

NOAH has ended the fiscal year 'in the black' for the last seven years, and continues to have very good, 'clean', audits.
 

Foundation Comments

Financial summary data in the charts and graphs above are per the organization's IRS Form 990s. Contributions from foundations and corporations are listed under individuals as the breakdown was not available. 

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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