EIN 26-3703347

National Community Stabilization Trust LLC

IRS 501(c) type
501(c)(3)
Num. employees
13
Year formed
2008
Most recent tax filings
2023-12-01
NTEE code, primary
Description
National Community Stabilization Trust LLC facilitates the redevelopment and reuse of vacant, single-family homes to prevent neighborhood blight while increasing the supply. Founded in 2008 in response to the foreclosure crisis, it provides a bridge between lenders with REO inventory and community organizations desiring to rehab them for productive reuse through REOMatch.
Also known as...
Mary Tingerthal MBR
Total revenues
$2,115,297
2023
Total expenses
$2,735,768
2023
Total assets
$2,198,445
2023
Num. employees
13
2023

Program areas at National Community Stabilization Trust LLC

Ncst was founded in 2008 in response to the foreclosure crisis that resulted in almost 10 million foreclosures. By providing a bridge between lenders with reo inventory and Community organizations desiring to rehab them for productive reuse, reomatch enabled significant neighborhood Stabilization activity in markets across the united states and helped build capacity in the Community development Community. In its first 15 years of operation, ncst worked with more than 1,000 local partners to put 28,000 single family homes back to work as affordable homeownership or responsible rental. In more recent years, ncst also has built a highly effective research and policy development operation by recruiting senior policy experts to its team. This team knows how to translate ncst's experience in real estate - supported by a large proprietary dataset on acquisition and rehab - into meaningful and realistic policy objectives.

Who funds National Community Stabilization Trust LLC

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Rockefeller FoundationToward the Costs of A Pilot Project Which Provides Debt Capital To Small Entrepreneurs Who Acquire, Renovate, and Re-Sell Single-Family Homes To Owner-Occupants in Baltimore, MD Neighborhoods That Have Historically Suffered From Disinvestment$100,000
Indianapolis Neighborhood Housing Partnership (INHP)General Grant Disbursements$10,000
JP Morgan Chase FoundationGeneral Operating Support$10

Personnel at National Community Stabilization Trust LLC

NameTitleCompensation
Carlos AlcazarChief Operating Officer$208,594
Kris SiglinVice President Policy and Partnerships$180,858
Kristin SiglinVice President , Policy and Partnerships / Vice President for Policy and Partnerships
Gloria RamonVice President , Development / Vice President of Development$150,687
Erin PersonsVice President , Program Operations / Vice President of Program Operations / Director , Program Performance and Evaluation / Director of Program Perform and Eval. / Director of Business Development$165,690
...and 14 more key personnel

Financials for National Community Stabilization Trust LLC

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,768,775
Program services$307,811
Investment income and dividends$34,037
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,674
Total revenues$2,115,297

Form 990s for National Community Stabilization Trust LLC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-22990View PDF
2022-122023-07-27990View PDF
2021-122022-07-06990View PDF
2020-122021-06-09990View PDF
2019-122021-01-21990View PDF
...and 10 more Form 990s
Data update history
January 3, 2024
Received grants
Identified 2 new grant, including a grant for $100,000 from The Rockefeller Foundation
October 9, 2023
Updated personnel
Identified 7 new personnel
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 21, 2023
Updated personnel
Identified 3 new personnel
August 19, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
LobbyingNational levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
910 17th St NW 1030
Washington, DC 20006
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
ncst.org/about/ 
Phone
(202) 223-3237
Facebook page
stabilizationtrust 
Twitter profile
@_ncst 
IRS details
EIN
26-3703347
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L25: Housing Rehabilitation
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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