2024-11-15T10:45:06-06:00 2023-12-31 881478669 CBIZ ADVISORS LLC 53 STATE STREET BOSTON MA 02109 990 2023-01-01 043244616 NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA NEIG 6172506222 225 CENTRE STREET 100 BOSTON MA 02119 BRUCE MARKS PRESIDENT 6172506222 2024-11-14 1 0 KRISTEN CUMMINGS P01510495 6178075000 2024-11-14 2023 2024-10-15 13:58:12Z BRUCE MARKS 225 CENTRE STREET 100 BOSTON MA 02119 54761851 0 X WWW.NACA.COM X 1994 MA TO STABILIZE COMMUNITIES THROUGH AFFORDABLE HOMEOWNERSHIP AND COMMUNITY ADVOCACY. NACA PROVIDES UNPRECEDENTED HOMEOWNERSHIP OPPORTUNITIES FOR PRIMARILY LOW AND MODERATE INCOME PEOPLE AND PEOPLE PURCHASING IN LOW AND MODERATE INCOME COMMUNITIES PRIMARILY THROUGH EDUCATION, MORTGAGE ASSISTANCE AND MORTGAGE ORIGINATION IN COMBINATION WITH ACCESS TO AFFORDABLE MORTGAGES. NACA ALSO ASSISTS HOMEOWNERS WHO HAVE AN UNAFFORDABLE MORTGAGE. 4 3 442 6 0 0 0 0 40266221 34613078 2043587 4269011 0 0 42309808 38882089 0 0 0 0 12549047 15750802 0 0 0 8905199 8493955 21454246 24244757 20855562 14637332 273299934 232658936 63623748 5103746 209676186 227555190 X TO STABILIZE COMMUNITIES THROUGH AFFORDABLE HOME OWNERSHIP AND COMMUNITY ADVOCACY. 0 0 18809335 34613078 NACA'S MISSION IS TO STABILIZE COMMUNITIES THROUGH AFFORDABLE HOMEOWNERSHIP AND COMMUNITY ADVOCACY. NACA PROVIDES UNPRECEDENTED HOMEOWNERSHIP OPPORTUNITIES FOR PRIMARILY LOW AND MODERATE INCOME PEOPLE AND PEOPLE PURCHASING IN LOW AND MODERATE INCOME COMMUNITIES. THIS IS PRIMARILY THROUGH EDUCATION, MORTGAGE ASSISTANCE AND MORTGAGE ORIGINATION IN COMBINATION WITH ACCESS TO AFFORDABLE MORTGAGES. NACA ALSO ASSISTS HOMEOWNERS WHO HAVE AN UNAFFORDABLE MORTGAGE. NACA'S ADVOCACY INCLUDES NEIGHBORHOOD STABILIZATION INITIATIVES AND ACTIVITIES OPPOSING PREDATORY AND DISCRIMINATORY LENDING PRACTICES. NACA ALSO ADDRESSES OTHER ISSUES OF ECONOMIC JUSTICE AND FINANCIAL EXPLOITATION OF PRIMARILY LOW AND MODERATE INDIVIDUALS AND COMMUNITIES. PARTICIPANTS CAN BECOME NACA MEMBERS AND ACCESS THE MORTGAGE PRODUCT AVAILABLE THROUGH NACA AND RECEIVE ADDITIONAL SERVICES INCLUDING EXTENSIVE POST-PURCHASE ASSISTANCE TO PREVENT THE FORECLOSURE ON THEIR HOME. NACA IS OPEN TO ALL RESIDENTS IN THE COMMUNITIES WHERE NACA HAS ESTABLISHED ITS PRESENCE OR PROVIDES SERVICES. NACA'S NATIONAL OFFICE IS LOCATED IN BOSTON, MASSACHUSETTS WITH LOCAL OFFICES SERVICING INDIVIDUALS AND COMMUNITIES THROUGHOUT THE UNITED STATES. 18809335 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 1 102 0 442 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA AL CA FL GA NY OR X X BRUCE MARKS 8573288954 225 CENTRE STREET SUITE 100 BOSTON MA 02119 BRUCE MARKS PRESIDENT 43.00 7.00 X X 239809 0 26972 GLYNN LLOYD TREASURER 0.50 0.50 X X 0 0 0 MARISSA LANDRAU-PIRAZZI CLERK 43.00 7.00 X 118083 0 0 KIMBERLY DALTON VICE-PRESIDENT 0.25 0.00 X X 0 0 0 JEROME WASHINGTON VICE-PRESIDENT 0.25 0.00 X X 147658 0 0 ZAKKIYAH WALKER VICE-PRESIDENT 0.25 0.00 X X 0 0 0 LINDA MOTEN DIRECTOR 0.25 0.00 X 0 0 0 DOUGLAS FIERBERG DIRECTOR 0.50 0.50 X 0 0 0 LEA WATTERSON TRAINING DIRECTOR 43.00 7.00 X 180960 0 22227 ERICK EXUM UNDERWRITING OFFICER 43.00 7.00 X 176713 0 19217 DIEGO LUQUE OPERATIONS 10.00 40.00 X 167804 0 20857 NHUT NGUYEN INFORMATION TECHNOLOGY IT 43.00 7.00 X 166598 0 23785 1197625 0 113058 7 0 1 0 LETSGLOW INVESTMENTS LLC 1204 NICODEMUS RD REISTERTOWN MD 21136 RE AGENT 161958 JEROME WASHINGTON 5213 LEEWARD RD BENSALEM PA 19020 RE AGENT 147658 IQ CONSULTING 9597 JONES RD NO 161 HOUSTON TX 77065 OUTREACH SERVICES 110846 QUALITY ANALYTIC ASSOCIATES LLC 2018 VETTURA COURT WAXHAW NC 28173 MORTGAGE SERVICES 105000 AVRIL DENISE LIBURD 178 DEERFIELD DRIVE JONESBORO GA 30238 RE AGENT 101650 5 MORTGAGE PERFORMANCE FEES 624200 21363580 21363580 BROKERAGE REVENUE 624200 11032719 11032719 OTHER INCOME 624200 1001629 1001629 MEMBER FEES 624200 834731 834731 REHAB INCOME 624200 296369 296369 84050 84050 34613078 4492621 4492621 15656152 15879762 -223610 -223610 -223610 38882089 34389468 0 4492621 252392 219241 33151 12809867 11204751 1605116 1659157 1250103 409054 1029386 700477 328909 454005 435848 18157 55974 55974 156152 156152 665307 57065 608242 645874 317248 328626 258459 258459 1076057 833848 242209 715746 668538 47208 52403 40498 11905 537753 133670 404083 RE EXPENSES AND COMMISS 2603770 2602629 1141 COMMUNICATIONS 544645 544645 COUNSELING EXPENSE 339175 116505 222670 EVENT EXPENSES 146577 146577 242058 82337 159721 24244757 18809335 5435422 0 1715508 1123574 57087687 521065 356880 326138 1615040 995949 756608 619091 139972815 155892158 100 100 73410336 74176810 273299934 232658936 2308437 2391117 57047081 0 4268230 2712629 63623748 5103746 X 209176186 227055190 500000 500000 209676186 227555190 273299934 232658936 X 14637332 3241670 2 X 0 1 X 1 1 1 1 0 0 1615040 995949 619091 619091 DUE FROM AFFILIATES 69910245 SECURITY DEPOSITS 336030 INTEREST RECEIVABLE 1086873 RIGHT OF USE OF ASSETS 2843662 74176810 LEASE LIABILITY 2712629 2712629 49141254 3241670 7173647 10415317 38725937 156152 156152 38882089 32702213 8613608 8613608 24088605 156152 156152 24244757 PART XI, LINE 2D - OTHER ADJUSTMENTS: AMOUNTS INCLUDED IN FINANCIALS - OTHER AFFILIATE REVENUE 7,173,647. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER AFFILIATE EXPENSES 8,613,608. X X X 0 0 0 0 0 0 0 0 0 BRUCE MARKS PRESIDENT 239809 0 0 0 0 0 14389 0 12583 0 266781 0 0 0 LEA WATTERSON TRAINING DIRECTOR 180960 0 0 0 0 0 3750 0 18477 0 203187 0 0 0 ERICK EXUM UNDERWRITING OFFICER 176713 0 0 0 0 0 18491 0 726 0 195930 0 0 0 DIEGO LUQUE OPERATIONS 167804 0 0 0 0 0 18491 0 2366 0 188661 0 0 0 NHUT NGUYEN INFORMATION TECHNOLOGY IT 166598 0 0 0 0 0 18648 0 5137 0 190383 0 0 0 PART I, LINE 3 COMPENSATION FOR THE CEO FOR NACA IS ESTABLISHED THROUGH USE OF THE FORM 990S OF OTHER ORGANIZATIONS, A WRITTEN EMPLOYMENT CONTRACT, AND APPORVAL BY THE INDEPENDENT BOARD MEMBERS. MARISSA LANDRAU-PIRAZZI SPOUSE OF CEO/PRES 118083 COMPENSATION FOR SERVICES AS COMPLIANCE DIRECTOR 0 JEROME WASHINGTON MEMBER OF THE BOARD 147658 FEES FOR REAL ESTATE AGENT SERVICES 0 FORM 990, PART VI, SECTION A, LINE 2 CEO/PRESIDENT OF THE BOARD IS MARRIED TO THE COMPLIANCE DIRECTOR/CLERK FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF BOARD MEMBERS AND THEIR RIGHTS - BOARD MEMBERS ARE APPOINTED BY THE CEO. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW - FORM 990 IS PROVIDED TO AND REVIEWED BY THE BOARD OF DIRECTORS AND OFFICERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY - BOARD REGULARLY REVIEWS ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR OFFICERS - COMPENSATION FOR OTHER STAFF AND KEY EMPLOYEES IS DETERMINED BY THE CEO, AND SUBSEQUENTLY REVIEWED BY THE BOARD OF DIRECTORS AS APPROPRIATE WITH COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 2. NEIGHBORHOOD STABILIZATION CORP INC 225 CENTRE ST SUITE 100 BOSTON MA 02119 043249517 HOUSING MA 501(C)(3) LINE 7 NACA 0 UNION NEIGHBORHOOD ASSISTANCE CORP 225 CENTRE ST SUITE 100 BOSTON MA 02119 222956189 HOUSING MA 501(C)(3) LINE 7 N/A 0 COMMUNITY ASSIST PROG OF AMERICA 225 CENTRE ST SUITE 100 BOSTON MA 02119 043244437 HOUSING MA NACA C -581 1030 1.00000 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 UNION OF NEIGHBORHOOD ASSIST (UNAC) N 0 NO PAYMENT COMMUNITY ASSISTANCE PROGRAM OF AMERICA N 0 NO PAYMENT NEIGHBORHOOD STAB CORP (NSC) N 1620656 REIMBURSED EXPENSES NEIGHBORHOOD STAB CORP (NSC) O 4526374 REIMBURSED EXPENSES UNION OF NEIGHBORHOOD ASSIST (UNAC) O 0 NO PAYMENT NEIGHBORHOOD STAB CORP (NSC) Q 1155679 EXPENSE ADVANCE NEIGHBORHOOD STAB CORP (NSC) S 5000000 INTERCOMPANY REPAYMENT NEIGHBORHOOD STAB CORP (NSC) K 85124 RENT PAID NEIGHBORHOOD STAB CORP (NSC) D 64546812 FMV UNION OF NEIGHBORHOOD ASSIST (UNAC) D 347132 FMV COMMUNITY ASSISTANCE PROGRAM OF AMERICA D 15535 FMV