Program areas at POAH
Poah is dedicated to the long term Preservation, creation, ownership and operation of Affordable Housing properties. At december 31, 2022 poah, or its related organizations owned and operated 13,130 units of decent, safe and Affordable Housing for low income persons and families.
Some properties owned by poah or its related organizations benefit from the elimination of hud-held or hud-regulated debt in connection with certain transactions, notably including the rad conversion of section 202 capital advance properties. These transactions generate revenue that appears in part viii line 2c, gain on purchase of property.
Poah or its related organizations issue seller, reserve, and sponsor notes as a component of its property Preservation transactions and is included as a component of part viii line 2c, development and management income.
Who funds Preservation of Affordable Housing (POAH)
Grants from foundations and other nonprofits
Personnel at POAH
| Name | Title | Compensation | Date of data |
|---|
| Aaron Gornstein | President and Chief Executive Officer | $488,895 | 2022-12-31 |
| Terri Powell-Rands | Chief Operating Officer of Poahc | $249,292 | 2021-12-31 |
| Allison Adduci | Managing Director , Chief Financial Officer | $295,229 | 2023-11-15 |
| Andrew Spofford | Chief of Staff and Senior Vice President / Secretary , Chief of Staff | $253,019 | 2022-12-31 |
| Cory Mian | Senior Vice President , Real Estate Development / Senior Vice President , Development | $264,282 | 2022-12-31 |
| ...and 8 more key personnel |
Financials for POAH
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $16,163,823 | $17,543,972 | -7.9% |
| Program services | $117,733,118 | $143,808,998 | -18.1% |
| Investment income and dividends | $8,915,268 | $6,337,672 | 40.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $5,618,311 | $11,426,924 | -50.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $41,796 | $72,780 | -42.6% |
| Total revenues | $148,472,316 | $179,190,346 | -17.1% |
Organizations like POAH
| Organization | Type | Location | Revenue |
|---|
| Eden Housing | 501(c)(3) | Hayward, CA | $85,464,871 |
| EAH Housing | 501(c)(3) | San Rafael, CA | $54,325,449 |
| Project for Pride in Living (PPL) | 501(c)(3) | Minneapolis, MN | $40,953,273 |
| MidPen Housing | 501(c)(3) | Foster City, CA | $55,697,583 |
| Brilliant Corners | 501(c)(3) | San Francisco, CA | $73,932,609 |
| Cesar Chavez Foundation | 501(c)(3) | Keene, CA | $40,219,601 |
| The Community Builders (TCB) | 501(c)(3) | Boston, MA | $90,231,129 |
| MHT Housing | 501(c)(3) | Bingham Farms, MI | $61,326,212 |
| Foundation Communities | 501(c)(3) | Austin, TX | $41,254,625 |
| Acacia Network Housing | 501(c)(3) | Bronx, NY | $242,674,811 |
Data update history
January 8, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 3 new personnel
December 27, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Political advocacyLobbyingReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 2 Oliver St Suite 500
- Boston, MA 02109
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
- Website URL
- poah.org/Â
- Phone
- (617) 261-9898
- Facebook page
- preservationofaffordablehousingÂ
- Twitter profile
- @poahcommunitiesÂ
IRS details
- EIN
- 31-1616634
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1998
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L21: Public Housing Facilities
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Central organization
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