EAST BOSTON, MA
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Sign In — Free (10 views/day)NEIGHBORHOOD OF AFFORDABLE HOUSING INC, founded in 1986, is a community nonprofit in the Housing & Shelter sector that reported $5.7M in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $6.9M exceeded revenue, resulting in a 20% operating deficit.
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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...
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.
RENTAL: PROVIDES AFFORDABLE HOUSING TO PEOPLE IN NEED.
REAL ESTATE AND ECONOMIC DEVELOPMENT: DEVELOP AFFORDABLE HOUSING OWNERSHIP AND RENTAL UNITS FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,744,187 | $10,832,448 | -0.5% |
| Expenses | $6,902,407 | $11,789,454 | -0.4% |
| Net Income | $-1,158,220 | $-957,006 | +0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID BRYANT | PRESIDENT | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| CELSA MORENO-BARKER | VICE PRESIDENT | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| MEGAN REAGON | TREASURER | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT SCHMIDT | SECRETARY/ CLERK | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| ANA ALONZO | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| MONICA BARRERA | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| NINA GAETA COLETTA | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| CATHERINE MCCANDLESS | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| DAVID VILLANEUVA | BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| PHILIP GIFFEE | EXECUTIVE DIRECTOR | 37.50 |
Officer
|
$171,666 | $35,094 | $206,760 |
| VINNY QUALTIERI | DIRECTOR OF FINANCE & ADMIN | 37.50 |
Officer
|
$121,870 | $11,471 | $133,341 |
| LINDA MILLER-FOSTER | DIR. OF ADMIN. AND FUNDRAISING | 37.50 |
Highest
|
$117,667 | $13,157 | $130,824 |
| DIANA FRANCO | DIRECTOR HOMEOWNERSHIP/BHA PROGRAM | 37.50 |
Highest
|
$100,561 | $22,750 | $123,311 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $5,744,187 | $6,902,407 | $28,873,302 | $-1,158,220 |
| 2023 | $10,832,448 | $11,789,454 | $28,368,872 | $-957,006 |
| 2022 | $12,033,163 | $12,482,189 | $30,349,650 | $-449,026 |
| 2021 | $13,300,567 | $13,295,450 | $27,971,204 | $5,117 |
| 2020 | $7,847,355 | $7,700,568 | $26,319,320 | $146,787 |
| 2019 | $4,524,883 | $5,179,420 | $23,988,202 | $-654,537 |
| 2018 | $4,337,698 | $4,667,359 | $21,241,946 | $-329,661 |
Compare NEIGHBORHOOD OF AFFORDABLE HOUSING INC with other nonprofits in Massachusetts and across the country.