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Nonprofiteer
← NOAH COMMUNITY DEVELOPMENT FUND INC

Form 990 for tax year 2023

Filed by NOAH COMMUNITY DEVELOPMENT FUND INC.

Totals

Total revenue
$436
Total expenses
$86,798
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$436
Investment income
$0
Other revenue
$0
Total assets, end of year
$909,972
Total liabilities, end of year
$186,234
Net assets or fund balances, end of year
$723,738
Program services expenses (Part IX)
$86,798
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$86,798

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: INTEREST ON LOANS

    total $436 · related or exempt $436

Functional expenses

Part IX, the statement of functional expenses.

  • 23 · Insurance

    total $1,275 · program services $1,275

  • 24a · Other expenses: PROGRAM EXPENSES

    total $85,250 · program services $85,250

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $184 · program services $184

  • 24c · Other expenses: MISCELLANEOUS

    total $89 · program services $89

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $891 · end of year $1,619

  • 7 · Other notes and loans receivable

    beginning of year $85,857

  • 9 · Prepaid expenses and deferred charges

    beginning of year $70 · end of year $106

  • 10a · Land, buildings and equipment: cost or other basis

    $1,300

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,300

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $909,516 · end of year $908,247

  • 25 · Other liabilities

    beginning of year $186,234 · end of year $186,234

  • 27 · Net assets without donor restrictions

    beginning of year $810,100 · end of year $723,738

Mission and programs · 2023

Mission

TO PROVIDE LOANS AND COUNSELING FOR HOME OWNERSHIP TO LOW TO MODERATE INCOME RESIDENTS.

  • PROVIDES LOANS AND COUNSELING FOR HOME OWNERSHIP TO LOW TO MODERATE INCOME RESIDENTS.

    Expenses $86,798 · Revenue $436

As filed on the 2023 return.

Listed in Part VII

  • David Bryant

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Orlando Pacheco

    PRESIDENT (UNTIL 8/2023)

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Celsa Moreno-Barker

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Megan Reagon

    TREASURER

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Robert Schmidt

    SECRETARY/ CLERK

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Ana Alonzo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Monica Barrera

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Nina Gaeta Coletta

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Catherine McCandless

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • David Villaneuva

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Karla Reyes

    BOARD MEMBER (UNTIL 9/2023)

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Rick High

    BOARD MEMBER (UNTIL 1/2023)

    Total calculated
    $0
    Hours/week
    0.25 + 1.25 related

  • Philip Giffee

    EXECUTIVE DIRECTOR

    Total calculated
    $214,416
    From this org
    $0
    From related orgs
    $181,666
    Other
    $32,750
    Hours/week
    0.25 + 38.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $181,666 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $32,750 related
    Filer's total
    $0 + $214,416 related

  • Linda Miller-Foster

    DIRECTOR OF ADMINISTRATION AND FUNDRAISING

    Total calculated
    $137,599
    From this org
    $0
    From related orgs
    $125,360
    Other
    $12,239
    Hours/week
    0.25 + 38.5 related

  • Vinny Qualtieri

    DIRECTOR OF FINANCE & ADMIN

    Total calculated
    $130,158
    From this org
    $0
    From related orgs
    $119,480
    Other
    $10,678
    Hours/week
    0.25 + 38.5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
RELATED ORGANIZATION NEIGHBORHOOD OF AFFORDABLE HOUSING INC. (NOAH) PROVIDES COMPENSATION TO ALL EMPLOYEES. THE NOAH BOARD REVIEWS AND EXAMINES ALL INFORMATION PRESENTED BY THE BOARD PRESIDENT AND EXECUTIVE COMMITTEE AFTER REVIEW OF THE EXECUTIVE DIRECTOR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • STEVENS CORNER LP

    N/A · RENTAL OF RESIDENTIAL HOUSING UNITS · MA

  • BENFIELD FARMS LP

    N/A · RENTAL OF RESIDENTIAL HOUSING UNITS · MA

  • SITKOWSKI LIMITED PARTNERSHIP

    N/A · RENTAL OF RESIDENTIAL HOUSING UNITS · MA

  • SHOE SHOP LP

    N/A · RENTAL OF RESIDENTIAL HOUSING UNITS · MA

  • COPPERSMITH VILLAGE RENTAL LP

    N/A · RENTAL OF RESIDENTIAL HOUSING UNITS · MA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • STEVEN'S CORNER GP INC

    C · MANAGING MEMBER OF A LIMITED LIABILITY COMPANY · MA

    Directly controlled by NOAH

  • BENFIELD GP LLC

    C · MANAGING MEMBER OF A LIMITED LIABILITY COMPANY · MA

    Directly controlled by NOAH

  • SITKOWSKI GP LLC

    C · MANAGING MEMBER OF A LIMITED LIABILITY COMPANY · MA

    Directly controlled by NOAH

  • SHOE SHOP GP LLC

    C · MANAGING MEMBER OF A LIMITED LIABILITY COMPANY · MA

    Directly controlled by NOAH

  • COPPERSMITH VILLAGE RENTAL GP LLC

    C · MANAGING MEMBER OF A LIMITED LIABILITY COMPANY · MA

    Directly controlled by NOAH

  • UNION BLOCK RENTAL GP LLC

    C · MANAGING MEMBER OF A LIMITED LIABILITY COMPANY · MA

    Directly controlled by NOAH

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2024
IRS schema version
2023v5.1
Source object
202432289349301753

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