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Noah Community Development Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043554045 ✦ East boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Noah Community Development Fund Inc?

Noah Community Development Fund Inc, based in East Boston, Massachusetts, is a nonprofit organization dedicated to empowering low to moderate income residents by offering loans and counseling services for home ownership. Their mission is centered around providing financial assistance and guidance, enabling these residents to become homeowners. Their activities are focused on this mission, offering both loans and counseling services to eligible individuals. By doing so, they aim to contribute positively to the local community, promoting stability and homeownership opportunities among their target population.


Official website here: www.noahcdc.org

Is Noah Community Development Fund Inc legitimate?

Noah Community Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Noah Community Development Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.noahcdc.org

What is the mission statement of Noah Community Development Fund Inc?

Noah Community Development Fund Inc is dedicated to assisting individuals with moderate to low income levels in achieving homeownership. This is accomplished through the provision of loans and counseling services. The organization's goal is to make homeownership more accessible to those who might otherwise be unable to afford it. By offering financial assistance and guidance, Noah Community Development Fund Inc aims to empower these individuals and contribute to the stability and growth of their communities. Additionally, the organization may provide resources and support to help these homeowners maintain their properties and navigate any related financial challenges.


Official website here: www.noahcdc.org

Who is the CEO of Noah Community Development Fund Inc?

Philip Giffee is the President of Noah Community Development Fund Inc.


Official website here: www.noahcdc.org

What is the revenue of Noah Community Development Fund Inc?

Noah Community Development Fund Inc's revenue in 2022 was $912.


Official website here: www.noahcdc.org

Who are the executives of Noah Community Development Fund Inc and what are their salaries?

There 9 volunteers at Noah Community Development Fund Inc.


Here are 21 key members and their salaries:


Orlando Pacheco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lake (President (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Savatsky (Vice President (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schmidt (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick High (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Alonzo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bryant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Barrera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nanita Gaeta Coletta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Mccandless (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Reyes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Comeau Cpa (Board Member (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Patron (Board Member (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lank (Board Member (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ruggerio (Board Member (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Tennant Esq (Board Member (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Baxter (Board Member (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Correa (Board Member (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernani De Araujo Esq (Board Member (Until 2/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip R Giffee (Executive Director)
  • Compensation: $0
  • Related: $178,708
  • Other: $30,272
Vinny Qualtieri (Director Of Finance & Admin)
  • Compensation: $0
  • Related: $120,759
  • Other: $9,832


Official website here: www.noahcdc.org

Where can I find the form 990 for Noah Community Development Fund Inc?

Noah Community Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.noahcdc.org

Learn more at the official website: www.noahcdc.org

Mission Statement of Noah Community Development Fund Inc

Noah Community Development Fund Inc, a nonprofit organization, is committed to providing loans and counseling services for home ownership to individuals with low to moderate income. This mission aims to make homeownership more accessible to a segment of the population that may otherwise struggle to secure financing and housing. By offering both financial assistance and educational guidance, Noah Community Development Fund Inc plays a crucial role in empowering individuals and families to become homeowners, thereby fostering a sense of stability and security. The organization's mission is to bridge the gap between financial resources and the dream of homeownership, ultimately contributing to stronger, more resilient communities.

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Impact




October, 2024

Noah Community Development Fund Inc significantly enhances the quality of life for low to moderate-income residents by offering tailored loans and counseling aimed at facilitating home ownership. This initiative not only empowers individuals and families to achieve stable housing, but it also fosters community development and economic growth within East Boston. By providing crucial financial support and expert guidance, the organization helps break down barriers to home ownership, enabling residents to build equity and stability. The impact of their efforts can be seen in the strengthened community bonds and the overall improvement of living conditions for those they serve.




This information is meant to be a general summary of Noah Community Development Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$912 (2022)
Expenses
$6,755 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $912
  • Gross Receipts: $912

Assets and Liabilities:

  • Total Assets: $996,334
  • Total Liabilities: $186,234
  • Net Assets: $810,100

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$912

Organization Details

Founding Year

2001

Principal Officer

Philip Giffee

Main Address

143 BORDER STREET, EAST BOSTON, MA, 02128

NTEE Category

Code: L20 - Housing

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