EIN 93-1037330

Network for Oregon Affordable Housing

IRS 501(c) type
501(c)(3)
Num. employees
18
State
Year formed
1990
Most recent tax filings
2024-06-01
Description
Noah is a certified nonprofit community development financial institution (cdfi) that was established to increase the state's supply of Affordable Housing while strengthening Oregon communities.
Total revenues
$10,855,249
2024
Total expenses
$10,011,550
2024
Total assets
$246,199,442
2024
Num. employees
18
2024

Program areas at Network for Oregon Affordable Housing

Permanent loan program:noah provides financing and technical assistance to facilitate the development of Affordable Housing in the state of Oregon. During fiscal year 2023/2024, fifteen (15) permanent loans were closed. The total dollar value of these loans was $37.7mm and created or preserved 828 units of Housing. In addition, activity for the year included eleven (11) commitments totaling $24mm and 359 units and fourteen (14) loans in process with a value of $26mm.
Mpower oregon:noah is sole member of mpower Oregon llc. Mpower offers an integrated solution for lowering energy and water expenses at existing Affordable multifamily properties through loans and grants. Mpower delivers immediate savings to owners and occupants through project management of building upgrades and ongoing technical support services.
Preservation loan program:these loans target the acquisition and preservation of (1) federally rent-subsidized units that are at risk of conversion to market rates, (2) properties for conversion to Affordable, (3) manufacturd home parks, and (4) land in desireable locations to preserve for development of Affordable Housing. During fiscal year 2023/2024, there were three (3) new loans made under this loan program with a value of $6.5mm. In addition, activity for the year included work on loans in process of $13mm. (continued on sch o) predevelopment loan program:these loans provide capital for both land acquisition and predevelopment activites. During fiscal year 2023/2024, two (2) new loans were closed under this program with a value of $1.2mm and there were no loans in process. Other/gap loans: these loans provide noah flexible capital for loans not appropriate for bank-source funding. One (1) other/gap loans was closed during fiscal year 2023/2024 with a total value of $666k .

Grants made by Network for Oregon Affordable Housing

GranteeGrant descriptionAmount
Proud GroundLand Acquisition$790,000
Habitat for Humanity Portland RegionLand Acquisition$625,000
Native American Youth and Family Center (NAYA)Land Acquisition$350,000

Who funds Network for Oregon Affordable Housing

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Craft3Program Support$11,334

Personnel at Network for Oregon Affordable Housing

NameTitleCompensation
Bill Van VlietExecutive Director
Cyndi BarberDirector of Finance and Administration
Robert PraschPreservation Director$122,959
Amber QuayleSenior Portfolio and Servicing Manager
Anthony CarnivaleRelationship Manager
...and 5 more key personnel

Financials for Network for Oregon Affordable Housing

RevenuesFYE 06/2024
Total grants, contributions, etc.$3,171,000
Program services$7,258,160
Investment income and dividends$369,703
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$56,386
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,855,249

Form 990s for Network for Oregon Affordable Housing

Fiscal year endingDate received by IRSFormPDF link
2024-062025-02-24990View PDF
2023-062024-02-26990View PDF
2022-062023-02-23990View PDF
2021-062022-02-14990View PDF
2020-062021-04-13990View PDF
...and 10 more Form 990s

Organizations like Network for Oregon Affordable Housing

OrganizationLocationRevenue
NeighborWorks Northeast NebraskaNorfolk, NE$5,603,055
Acts Community Development CorporationMilwaukee, WI$11,716,959
Jamboree Housing CorporationIrvine, CA$33,004,708
Community FrameworksSpokane, WA$5,839,815
Beyond HousingSaint Louis, MO$17,239,683
DevNWSpringfield, OR$19,868,591
Community Housing Improvement Program (CHIP)Chico, CA$10,291,626
Neighborworks of Western VermontWest Rutland, VT$3,531,376
Housing Opportunities Made Equal of VirginiaRichmond, VA$5,382,513
HomewordMissoula, MT$8,609,814
Data update history
January 13, 2025
Received grants
Identified 1 new grant, including a grant for $11,334 from Craft3
October 20, 2024
Updated personnel
Identified 5 new personnel
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $92,500 from Meyer Memorial Trust (MMT)
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1750 S Harbor Way 245
Portland, OR 97201
Metro area
Portland-Vancouver-Hillsboro, OR-WA
County
Multnomah County, OR
Website URL
noah-housing.org/ 
Phone
(503) 223-3211
IRS details
EIN
93-1037330
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1990
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
Independent
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