EIN 04-3249517

Neighborhood Stabilization Corporation (NACA)

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1997
Most recent tax filings
2022-12-01
Description
Neighborhood Assistance Corporation of America's (NACA) primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership.
Related structure
NACA is a subordinate organization under Neighborhood Assistance Corporation of America (NACA).
Also known as...
Neighborhood Stabilization Fundinc
Total revenues
$7,708,192
2022
Total expenses
$13,698,495
2022
Total assets
$31,292,408
2022
Num. employees
0
2022

Program areas at NACA

Nsc helps homeowners and homebuyers, who are primarily low to moderate income or from low to moderate income communities, by providing extensive counseling for homebuyers and homeowners with an unaffordable mortgage. Services include comprehensive counseling, budgeting, and other pre- purchase and post-purchase assistance. Nsc also serves to promote Neighborhood Stabilization initiatives and activities related to fair lending as well as addressing other issues of economic justice and financial exploitation of primarily low and moderate income individuals and communities.

Who funds Neighborhood Stabilization Corporation (NACA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$2,746,920

Personnel at NACA

NameTitleCompensation
Bruce MarksPresident and Chief Executive Officer and Director$0
Erick ExumMortgage Deputy / Mortgage Deputy / Mortgage Deputy / Mortgage Department Director / Director of Underwriting$0
Guadalupe SoriaDirector of Mentorship / Mortgage Con$0
Tammy JohnsonHand Director$0
Marissa Landrau-PirazziClerk$0
...and 1 more key personnel

Financials for NACA

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,672,799
Program services$660,622
Investment income and dividends$189,502
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$184,398
Net gain from sale of non-inventory assets$871
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,708,192

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
2019-122021-03-31990View PDF
2018-122020-01-30990View PDF
...and 9 more Form 990s
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 27, 2023
Received grants
Identified 1 new grant, including a grant for $2,746,920 from NeighborWorks America
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
Receives government fundingTax deductible donationsNo full-time employees
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
(617) 250-6222
Facebook page
NACAOfficialPage 
Twitter profile
@nacaevents 
IRS details
EIN
04-3249517
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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