THE NEW ENGLAND AFFORDABLE HOUSING MANAGEMENT ASSOCIATION INC

EIN: 043055194

BRAINTREE, MA

Total Revenue
$928,222
Total Expenses
$854,357
Total Assets
$350,152
Net Assets
$297,858
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
MA
Principal Officer
JILLIAN MENEO
Phone
7813804344
Tax Period
2024-01-01 to 2024-12-31

THE NEW ENGLAND AFFORDABLE HOUSING MANAGEMENT ASSOCIATION INC, founded in 1989, is a small nonprofit that reported $928K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $854K left a modest 8% surplus.

Mission

PROVIDE TRAINING & EDUCATION TO ITS MEMBERS ON ASSISTED HOUSING ISSUES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $919,246
Investment Income $176
Other Revenue $8,800
TOTAL REVENUE $928,222

Expense Breakdown

Grants Paid $0
Salaries & Benefits $178,478
Fundraising Expenses $0
Other Expenses $675,879
TOTAL EXPENSES $854,357

Year-over-Year Comparison

2024 2023 Change
Revenue $928,222 $738,594 +0.3%
Expenses $854,357 $665,568 +0.3%
Net Income $73,865 $73,026 +0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
23
Independent Members
23
Employees
3
Volunteers
28

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$110,549
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESLIE J SCALES EXECUTIVE DIRECTOR (UNTIL 2/24) 40.00
Officer
$42,549 $1,196 $43,745
JILLIAN MENEO PRESIDENT (AS OF 11/24) 1.00
Officer Director
$0 $0 $0
JILLIAN PINOLA PRESIDENT (UNTIL 11/24) 1.00
Officer Director
$0 $0 $0
SUSAN GOMES EXECUTIVE DIRECTOR (AS OF 7/24) 40.00
Officer
$50,774 $16,030 $66,804
KERRY DERVIL IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
SARAH CLARK PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
JULIE FAWCETT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS SALAMANIS-RIVERA VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JESENE GODFREY TREASURER 1.00
Officer Director
$0 $0 $0
YOANY VARGAS CLERK 1.00
Officer Director
$0 $0 $0
KATIE BAKER DIRECTOR (UNTIL 11/24) 0.50
Director
$0 $0 $0
EDWARD CLARK DIRECTOR 0.50
Director
$0 $0 $0
MAURA COPPNEY DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL DICHIARO DIRECTOR (UNTIL 11/24) 0.50
Director
$0 $0 $0
JULIE EDMONDS DIRECTOR 0.50
Director
$0 $0 $0
JOHN ELLIOTT DIRECTOR 0.50
Director
$0 $0 $0
KA-LING FLYNN DIRECTOR 0.50
Director
$0 $0 $0
KRISTEN FOWLER DIRECTOR (UNTIL 11/24) 0.50
Director
$0 $0 $0
LAURA FRANCIS DIRECTOR 0.50
Director
$0 $0 $0
THOMAS GERUNDO DIRECTOR 0.50
Director
$0 $0 $0
HOPE LANPHEAR DIRECTOR 0.50
Director
$0 $0 $0
ERIN LEWIS DIRECTOR 0.50
Director
$0 $0 $0
WENDY MOORES DIRECTOR 0.50
Director
$0 $0 $0
JOHN NICKLAS DIRECTOR 0.50
Director
$0 $0 $0
KATRINA PAVETTO DIRECTOR 0.50
Director
$0 $0 $0
KIMBERLY QUINT DIRECTOR 0.50
Director
$0 $0 $0
ANA SERRANO DIRECTOR 0.50
Director
$0 $0 $0
STEVE SORKIN DIRECTOR (UNTIL 11/24) 0.50
Director
$0 $0 $0
CECELIA TAVARES DIRECTOR 0.50
Director
$0 $0 $0
CLAIRE ULLRAM DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $928,222 $854,357 $350,152 $73,865
2023 $738,594 $665,568 $234,777 $73,026
2022 $694,290 $671,081 $182,416 $23,209
2021 $581,398 $489,493 $172,693 $91,905
2020 $494,579 $497,543 $108,428 $-2,964
2019 $794,874 $810,199 $57,798 $-15,325
2018 $710,828 $718,548 $85,106 $-7,720
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