EIN 31-1616634

Preservation of Affordable Housing (POAH)

IRS 501(c) type
501(c)(3)
Num. employees
733
City
Year formed
1998
Most recent tax filings
2023-12-01
Description
To preserve and steward affordable rental housing to provide stability, hope and economic security to low- and moderate-income individuals and families.
Total revenues
$145,471,919
2023
Total expenses
$112,661,144
2023
Total assets
$870,222,383
2023
Num. employees
733
2023

Program areas at POAH

Poah is dedicated to the long term Preservation, creation, ownership and operation of Affordable Housing properties. At december 31, 2023 poah, or its related organizations owned and operated 13,806 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
GrantmakerDescriptionAmount
Low Income Investment Fund (LIIF)Capital Grant$372,500
John D and Catherine T MacArthur FoundationIn Support of Ongoing Efforts To Engage Residents in Planning for the Physical, Economic, and Social Revitalization of the Woodlawn Neighborhood in Chicago$250,000
Enterprise Community PartnersInnovation Challenge Award$160,000
...and 7 more grants received

Personnel at POAH

NameTitleCompensation
Aaron GornsteinPresident and Chief Executive Officer$488,895
Sevara DavisSenior Vice President and Chief Operating Officer
Allison AdduciManaging Director and Chief Financial Officer$295,229
Amos AllenSenior Vice President , Chief Financial Officer
Andrew SpoffordChief of Staff and Senior Vice President$253,019
...and 26 more key personnel

Financials for POAH

RevenuesFYE 12/2023
Total grants, contributions, etc.$25,966,130
Program services$102,310,645
Investment income and dividends$9,391,759
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,787,047
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$16,338
Total revenues$145,471,919

Form 990s for POAH

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-03-01990View PDF
...and 10 more Form 990s

Organizations like POAH

OrganizationLocationRevenue
EAH HousingSan Rafael, CA$54,325,449
Eden HousingHayward, CA$56,108,519
Project for Pride in Living (PPL)Minneapolis, MN$40,953,273
MidPen HousingFoster City, CA$55,697,583
Cesar Chavez FoundationKeene, CA$40,219,601
CHN Housing Partners (CHN)Cleveland, OH$57,477,162
Brilliant CornersSan Francisco, CA$73,932,609
The Community Builders (TCB)Boston, MA$99,652,501
Habitat for HumanityAmericus, GA$342,369,200
Foundation CommunitiesAustin, TX$41,254,625
Data update history
January 15, 2025
Used new vendors
Identified 2 new vendors, including , and
January 7, 2025
Received grants
Identified 5 new grant, including a grant for $250,000 from John D and Catherine T MacArthur Foundation
November 5, 2024
Updated personnel
Identified 20 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $160,000 from Enterprise Community Partners
July 14, 2024
Received grants
Identified 4 new grant, including a grant for $372,500 from Low Income Investment Fund (LIIF)
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/ 
Phone
(617) 261-9898
Facebook page
preservationofaffordablehousing 
Twitter profile
@poahcommunities 
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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