2026-09-21T10:49:16-05:00 2025-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2025-01-01 042964630 NEIGHBORHOOD OF AFFORDABLE HOUSING INC NEIG 6175675882 143 BORDER STREET EAST BOSTON MA 02128 PHILIP GIFFEE EXECUTIVE DIRECTOR 6175222766 2026-09-18 1 CAITLIN LIMOGES CPA P01633588 5083669100 2026-09-18 2025 PHILIP GIFFEE 143 BORDER STREET EAST BOSTON MA 02128 8808878 0 X WWW.NOAHCDC.ORG X 1986 MA THE NEIGHBORHOOD OF AFFORDABLE HOUSING INC.'S (NOAH), A COMMUNITY DEVELOPMENT CORPORATION, PROMOTES EQUITY, COMMUNITY COHESION, ENVIRONMENTAL JUSTICE, AND ECONOMIC RESILIENCY. WE INCREASE ACCESS TO AFFORDABLE HOUSING, CREATE SOCIAL AND ECONOMIC OPPORTUNITIES, AND EMPOWER RESIDENTS TO BE LEADERS OF CHANGE. 9 9 32 74 0 0 3314055 3510118 2386006 2622501 0 12300 44126 435253 5744187 6580172 20623 0 0 0 2211179 2167585 0 0 237256 4670605 5359619 6902407 7527204 -1158220 -947032 28873302 30660117 28956505 33074666 -83203 -2414549 X SEE PAGE 1, LINE 1. 0 0 2282633 NOAH RENTAL HOUSING CASE MANAGEMENT/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 CASE MANAGEMENT, AS NEEDED. THIS EHAP PROGRAM WAS FIRST ESTABLISHED IN 2020. -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-TSF (TENANT STABILIZATION FUNDS) - 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 $5,000-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. 2486814 1643971 RENTAL: PROVIDES AFFORDABLE HOUSING TO PEOPLE IN NEED. 413623 1077928 REAL ESTATE AND ECONOMIC DEVELOPMENT: DEVELOP AFFORDABLE HOUSING OWNERSHIP AND RENTAL UNITS FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. 200066 SENIOR HOME REPAIR: ASSISTS LOW INCOME SENIORS WHO ARE HOMEOWNERS IN MAINTAINING THEIR RESIDENCES SAFELY AND UPGRADE AND REPAIR HEATING SYSTEMS. 555461 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. -THE LANDLORD EDUCATION WORKSHOPS OFFERED BY THE NEIGHBORHOOD OF AFFORDABLE HOUSING (NOAH) ARE DESIGNED TO EQUIP CURRENT AND PROSPECTIVE LANDLORDS WITH THE KNOWLEDGE AND TOOLS NECESSARY TO EFFECTIVELY MANAGE RENTAL PROPERTIES WHILE MAINTAINING COMPLIANCE WITH MASSACHUSETTS HOUSING LAWS. THESE WORKSHOPS PROVIDE GUIDANCE ON TENANT SCREENING, LEASE ENFORCEMENT, FAIR HOUSING REGULATIONS, EVICTION PROCEDURES, AND AVAILABLE RENTAL ASSISTANCE PROGRAMS. BY STRENGTHENING LANDLORD CAPACITY, THE PROGRAM SUPPORTS HOUSING STABILITY FOR BOTH PROPERTY OWNERS AND TENANTS ACROSS THE COMMUNITIES WE SERVE. 562748 335855 PROPERTY MANAGEMENT: OVERSEES 167 RESIDENTIAL UNITS OF AFFORDABLE HOUSING PRIMARILY IN EAST BOSTON AND 26 IN CARLISLE FOR A TOTAL OF 193, INCLUDING TRINITY HOUSE, WHICH IS DEDICATED TO THE HOMELESS. 439963 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. 1758238 335855 6941308 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1 177 0 1 32 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X VINNY QUALTIERI DIRECTOR OF FINANCE & ADMIN 6175675882 143 BORDER STREET EAST BOSTON MA 02128 DAVID BRYANT PRESIDENT 0.25 1.25 X X 0 0 0 CELSA MORENO-BARKER VICE PRESIDENT 0.25 1.25 X X 0 0 0 MEGAN REAGON TREASURER 0.25 1.25 X X 0 0 0 ROBERT SCHMIDT SECRETARY/ CLERK 0.25 1.25 X X 0 0 0 ANA ALONZO BOARD MEMBER 0.25 1.25 X 0 0 0 MONICA BARRERA BOARD MEMBER 0.25 1.25 X 0 0 0 NINA GAETA COLETTA BOARD MEMBER 0.25 1.25 X 0 0 0 CATHERINE MCCANDLESS BOARD MEMBER 0.25 1.25 X 0 0 0 DAVID VILLANEUVA BOARD MEMBER 0.25 1.25 X 0 0 0 PHILIP GIFFEE EXECUTIVE DIRECTOR 37.50 1.25 X 171666 0 36154 VINNY QUALTIERI DIRECTOR OF FINANCE & ADMIN 37.50 1.25 X 132812 0 12348 LINDA MILLER-FOSTER DIR. OF ADMIN. AND FUNDRAISING 37.50 1.25 X 120020 0 14100 DIANA FRANCO DIRECTOR HOMEOWNERSHIP/BHA PROGRAM 37.50 X 102572 0 23106 MAL NELSON DIRECTOR OF PROPERTY MANAGEMENT 37.50 X 109767 0 10627 636837 0 96335 5 0 1 0 ALEXANDER REMODELING AND MAINTENANCE SER 259 CALVARY ST WALTHAM MA 02453 RENTAL PROPERTIES 634856 DELLBROOK CONSTRUCTION LLC ONE ADAMS PLACE 859 WILLARD STREET QUINCY MA 02169 UNION BLOCK PROJECT 289762 JC CALLE CONSTRUCTION 197-199 PARK AVE APT 2 REVERE MA 02151 RENTAL PROPERTIES 145644 3 98143 7391 3031348 373236 3510118 RENTAL INCOME 531110 1643971 1643971 DEVELOPER FEES 531110 626636 626636 PROPERTY AND PROJECT MANAGEMENT F 531110 335855 335855 PROGRAM INTEREST INCOME 531110 16039 16039 2622501 2241006 2228706 12300 12300 12300 0 7391 0 0 MISCELLANEOUS 900099 250935 250935 RECOVERY OF DUE FROM AFFILAITES 900099 184318 184318 435253 6580172 3057754 0 12300 352980 273674 48133 31173 1479088 1295233 35638 148217 176642 167335 112 9195 158875 138239 6311 14325 20757 20757 33359 33359 80700 52000 28700 296548 285163 5603 5782 26805 1745 25060 139988 106290 19697 14001 1664452 1499914 153578 10960 26028 18404 7537 87 446969 446969 344681 335271 7070 2340 OTHER PROGRAM EXPENSES 2079620 2079309 311 MISCELLANEOUS 112473 100407 10890 1176 BAD DEBT 87239 87239 7527204 6941308 348640 237256 782070 2943528 1316791 1889666 926768 1302850 122626 229416 29090494 9698817 16414844 19391677 9310203 4902980 28873302 30660117 789714 849686 23771241 28026623 4395550 4198357 28956505 33074666 X -1422605 -3471684 1339402 1057135 -83203 -2414549 28873302 30660117 X -947032 -1384314 X X 0 1 X 1 1 1 X 11463306 9704573 8529969 3314055 3510118 36522021 11463306 9704573 8529969 3314055 3510118 36522021 36522021 36522021 11956216 1.00000 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4494404 4494404 23802195 9194599 14607596 26448 26448 0 767447 477770 289677 19391677 DUE FROM AFFILIATES 4902980 4902980 ACCRUED INTEREST 3766621 DUE TO AFFILIATES 141386 CONDITIONAL GRANT ADVANCE 251925 CONSTRUCTION PAYABLE 38425 4198357 X PART X, LINE 2: NEIGHBORHOOD OF AFFORDABLE HOUSING, INC (NOAH) ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. NOAH HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2025. NOAH'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. X 0 0 0 0 0 0 0 0 0 PHILIP GIFFEE EXECUTIVE DIRECTOR 171666 0 0 0 0 0 0 0 36154 0 207820 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE FIRST, THEN BY THE EXECUTIVE AND FINANCE COMMITTEES. IT IS THEN EMAILED TO THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C NOAH AND AFFILIATES' BOARD OF DIRECTORS AND MANAGEMENT ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST FORM. THESE FORMS ARE COLLECTED AND MAINTAINED AT NOAH'S ADMINISTRATIVE OFFICE. IF A CONFLICT ARISES, IT IS DISCUSSED AT THE BOARD MEETING AND NOTED IN THE MINUTES. THE PARTICULAR BOARD MEMBER IS EXCLUDED FROM VOTING ON A PARTICULAR ISSUE THAT HE/SHE HAS A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND EXAMINES ALL INFORMATION PRESENTED BY THE PRESIDENT AND EXECUTIVE COMMITTEE AFTER REVIEW OF THE EXECUTIVE DIRECTOR'S COMPENSATION. THE EXECUTIVE DIRECTOR REVIEWS THE COMPENSATION FOR ALL SENIOR STAFF. FORM 990, PART VI, SECTION C, LINE 19 NOAH'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 16B: NOAH'S POLICY OVER EVALUATING ITS PARTICIPATION IN JOINT VENTURE ARRANGEMENTS INVOLVES AN ASSESSMENT PERFORMED BY NOAH'S MANAGEMENT AND BOARD OF DIRECTORS TO ENSURE THE TERMS OF ANY POTENTIAL JOINT VENTURE RELATIONSHIP IS PERMITTED UNDER APPLICABLE FEDERAL TAX LAW AND NOAH'S EXEMPT STATUS IS BEING SAFEGUARDED. IN ADDITION, FORMAL OPERATING AND OTHER APPLICABLE AGREEMENTS ARE FORMALLY EXECUTED BY ALL PARTIES INVOLVED AND CLEARLY OUTLINE NOAH'S ROLE IN ALL JOINT VENTURE RELATIONSHIPS. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS TO AFFILIATES UNDER COMMON CONTROL -1,384,314. FORM 990, PART XII, LINE 2C: NOAH HAS NOT CHANGED ITS OVERSIGHT AND SELECTION PROCESS FROM THE PRIOR YEAR. PACO PROPERTIES LLC 143 BORDER STREET EAST BOSTON MA 02128 042964630 HOLDS TITLE TO REAL PROPERTY LOCATED IN E. BOSTON AND COLLECT RENTAL INCOME. MA 1134607 18059379 NOAH SIOCHAIN PROPERTIES LIMITED PARTNERSHIP 143 BORDER STREET EAST BOSTON MA 02128 043489643 PROVIDES HOUSING FOR LOW TO MODERATE INCOME INDIVIDUALS/FAMILIES MA 246967 1172205 NOAH TRINITY HOUSE LLC 143 BORDER STREET EAST BOSTON MA 02128 271954514 HOLDS TITLE TO REAL PROPERTY LOCATED IN E. BOSTON AND COLLECT RENTAL INCOME. MA 261353 1008347 NOAH AILERON HOMEOWNERSHIP LLC 143 BORDER STREET EAST BOSTON MA 02128 843250697 ACQUIRES LAND AND DEVELOPS SEVEN FOR-SALE CONDOMINIUM UNITS MA 12307 44915 NOAH PEACE PROPERTIES INC 143 BORDER STREET EAST BOSTON MA 02128 043173140 PURCHASING AND DEVELOPING AFFORDABLE HOUSING MA 501(C)(3) LINE 12A, I NOAH 1 PAZ PROPERTIES INC 143 BORDER STREET EAST BOSTON MA 02128 043206160 RENTAL PROPERTIES FOR LOW TO MODERATE INCOME FAMILIES MA 501(C)(2) N/A NOAH 1 SHALOM PROPERTIES INC 143 BORDER STREET EAST BOSTON MA 02128 043358724 RENTAL PROPERTIES FOR LOW TO MODERATE INCOME FAMILIES MA 501(C)(2) N/A NOAH 1 NOAH COMMUNITY DEVELOPMENT FUND INC 143 BORDER STREET EAST BOSTON MA 02128 043554045 PROVIDES LOANS AND COUNSELING TO LOW/MODERATE INCOME FAMILIES MA 501(C)(3) LINE 10 NOAH 1 SIOCHAIN PROPERTIES INC 143 BORDER STREET EAST BOSTON MA 02128 043488694 MANAGING MEMBER OF A LIMITED PARTNERSHIP MA 501(C)(3) LINE 12B, II NOAH 1 STEVENS CORNER LP 143 BORDER STREET EAST BOSTON MA 02128 271785655 PROVIDES AFFORDABLE HOUSING (42 UNITS) FOR INDIVIDUALS IN NORTH ANDOVER. MA MASSACHUSETTS HOUSING EQUITY FUND XVII LLC N/A 0 0 0.01000 BENFIELD FARMS LP 143 BORDER STREET EAST BOSTON MA 02128 320398732 PROVIDES AFFORDABLE HOUSING (26 UNITS) FOR INDIVIDUALS IN CARLISLE, MA. MA N/A N/A 0 0 SITKOWSKI LP 143 BORDER STREET EAST BOSTON MA 02128 364765056 PROVIDES AFFORDABLE HOUSING (66 UNITS) FOR INDIVIDUALS IN WEBSTER MA. MA N/A N/A 0 0 SHOE SHOP LP 143 BORDER STREET EAST BOSTON MA 02128 471320339 PROVIDES AFFORDABLE HOUSING (25 UNITS) FOR INDIVIDUALS IN MIDDLEBORO. MA N/A N/A 0 0 COPPERSMITH VILLAGE RENTAL LP 143 BORDER STREET EAST BOSTON MA 02128 364840097 PROVIDES AFFORDABLE HOUSING (56 UNITS) FOR INDIVIDUALS IN EAST BOSTON, MA. MA N/A N/A 0 0 UNION BLOCK RENTAL LIMITED PARTNERSHIP 143 BORDER STREET EAST BOSTON MA 02128 863067719 RENTAL PROPERTIES FOR LOW TO MODERATE INCOME FAMILIES MA N/A N/A 0 0 BENFIELD GP LLC 143 BORDER STREET EAST BOSTON MA 02128 461555210 MANAGING MEMBER OF A LIMITED LIABILITY COMPANY MA NOAH C -2281 100 1.00000 1 COPPERSMITH VILLAGE RENTAL GP LLC 143 BORDER STREET EAST BOSTON MA 02128 812975524 MANAGING MEMBER OF A LIMITED LIABILITY COMPANY MA NOAH C -1858 0.79000 1 SHOE SHOP GP LLC 143 BORDER STREET EAST BOSTON MA 02128 472125920 MANAGING MEMBER OF A LIMITED LIABILITY COMPANY MA NOAH C -2272 100 1.00000 1 SITKOWSKI GP LLC 143 BORDER STREET EAST BOSTON MA 02128 462956971 MANAGING MEMBER OF A LIMITED LIABILITY COMPANY MA NOAH C -6797 79 0.79000 1 STEVENS CORNER GP INC 143 BORDER STREET EAST BOSTON MA 02128 271127297 MANAGING MEMBER OF A LIMITED LIABILITY COMPANY MA NOAH C -1512 0.79000 1 UNION BLOCK RENTAL GP LLC 143 BORDER STREET EAST BOSTON MA 02128 863058228 MANAGING MEMBER OF A LIMITED LIABILITY COMPANY MA NOAH C -1894 0.79000 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 PEACE PROPERTIES INC P 3990973 FAIR MARKET VALUE PAZ PROPERTIES INC L 146630 FAIR MARKET VALUE SHALOM PROPERTIES INC L 111336 FAIR MARKET VALUE PEACE PROPERTIES INC K 97623 FAIR MARKET VALUE NOAH COMMUNITY DEVELOPMENT FUND INC P 186234 FAIR MARKET VALUE NOAH COMMUNITY DEVELOPMENT FUND INC Q 63938 FAIR MARKET VALUE