POAH SUPPORT CORPORATION CO PRESERVATION OF AFFORDABLE HOUSING INC

EIN: 475438705 501(c)(3) Philanthropy & Grantmaking

BOSTON, MA

Total Revenue
$3,999,425
Total Expenses
$980,520
Total Assets
$17,607,492
Net Assets
$5,809,116
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
IL
Principal Officer
ALLISON ADDUCI
Phone
6174490870
Tax Period
2023-01-01 to 2023-12-31

POAH SUPPORT CORPORATION CO PRESERVATION OF AFFORDABLE HOUSING INC, founded in 2015, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 490% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 75% operating margin.

Mission

POAH SUPPORT CORPORATION IS ORGANIZED EXCLUSIVELY FOR SUCH CHARITABLE PURPOSE AS WILL QUALIFY IT AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED OR ANY CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. SPECIFICALLY, THE CORPORATION IS ORGANIZED AND WILL BE OPERATED AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF PRESERVATION OF AFFORDABLE HOUSING, INC. , AN ILLINOIS NOT-FOR-PROFIT CORPORATION THAT IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND SECTION 509(A)(2) OF THE CODE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $508,683
Investment Income $3,483,608
Other Revenue $7,134
TOTAL REVENUE $3,999,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,461
Fundraising Expenses $0
Program Expenses $869,280
Other Expenses $930,059
TOTAL EXPENSES $980,520

Year-over-Year Comparison

2023 2022 Change
Revenue $3,999,425 $678,426 +4.9%
Expenses $980,520 $923,740 +0.1%
Net Income $3,018,905 $-245,314 -13.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
N/A

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
2
$875,622
Total Directors
5
$875,622
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON GORNSTEIN DIRECTOR/PRESIDENT 0.10
Officer Director
$0 $28,959 $524,530
ALLISON ADDUCI DIRECTOR/TREAS/SECTRY 0.10
Officer Director
$0 $12,377 $351,092
JOE FLATLEY DIRECTOR 0.10
Director
$0 $0 $0
GEORGIA MURRAY DIRECTOR 0.10
Director
$0 $0 $0
PRINTICE GARY DIRECTOR 0.10
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 No data No data No data No data
2023 $3,999,425 $980,520 $17,607,492 $3,018,905
2022 $678,426 $923,740 $14,520,742 $-245,314
2021 $656,638 $981,342 $8,856,629 $-324,704
2020 $642,563 $641,026 $8,921,790 $1,537
2019 $725,919 $565,335 $8,783,695 $160,584
2018 $511,231 $653,213 $8,743,754 $-141,982
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare POAH SUPPORT CORPORATION CO PRESERVATION OF AFFORDABLE HOUSING INC with other nonprofits in Massachusetts and across the country.