EIN 04-3244616

Neighborhood Assistance Corporation of America (NACA)

IRS 501(c) type
501(c)(4)
Num. employees
544
City
Year formed
1994
Most recent tax filings
2022-12-01
Description
The Neighborhood Assistance Corporation of America ("NACA") is a non-profit, community advocacy and homeownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made the dream of homeownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or modify their predatory loan with far better terms than those provided even in the prime market.
Total revenues
$42,309,808
2022
Total expenses
$21,454,246
2022
Total assets
$273,299,934
2022
Num. employees
544
2022

Program areas at NACA

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.

Personnel at NACA

NameTitleCompensation
Bruce MarksPresident and Chief Executive Officer and Director$234,890
Guadalupe SoriaDirector of Mentorship / Director of Ment / Mortgage Con$140,457
Tammy JohnsonHand Director$129,160
Diego LuqueOperations Manager$131,175
Erick ExumMortgage Deputy / Mortgage Department Director / Mortgage Deputy / Mortgage Deputy / Mortgage Department Die. / Director of Underwriting$150,010
...and 4 more key personnel

Financials for NACA

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$40,266,221
Investment income and dividends$2,047,436
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,849
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$42,309,808

Form 990s for NACA

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2018-122020-01-31990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s

Organizations like NACA

OrganizationLocationRevenue
Enterprise Community InvestmentColumbia, MD$103,535,735
National Equity FundChicago, IL$58,767,848
Housing Partnership Network (HPN)Boston, MA$12,049,370
Mercy HousingDenver, CO$77,198,808
Aircraft Owners and Pilots AssociationFrederick, MD$45,929,837
Beyond HousingSaint Louis, MO$11,777,883
Housing Assistance Council (HAC)Washington, DC$14,475,533
Breaking Ground ManagementNew York, NY$58,980,963
DevnwSpringfield, OR$11,211,648
Self-Help EnterprisesVisalia, CA$41,610,602
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 1 new personnel
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizations
Issues
Human servicesHousing
Characteristics
MembershipsNational levelReceives government funding
General information
Address
225 Centre St Suite 100
Boston, MA 02119
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
naca.com/ 
Phone
(425) 602-6222
Facebook page
NACAOfficialPage 
Twitter profile
@nacaevents 
IRS details
EIN
04-3244616
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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