Overview
What is Neighborhood Stabilization Corporation?
Neighborhood Stabilization Corporation (NSC) is a nonprofit organization situated in Boston, Massachusetts. They primarily focus on assisting low to moderate income homeowners and homebuyers, as well as communities with similar income levels. NSC offers comprehensive counseling, budgeting assistance, and post-purchase and pre-purchase support to help individuals manage their mortgages effectively. Additionally, they promote neighborhood stabilization initiatives and activities related to fair lending, aiming to combat economic injustice and financial exploitation among primarily low and moderate income individuals and communities.
Official website here: www.naca.com
Is Neighborhood Stabilization Corporation legitimate?
Neighborhood Stabilization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Stabilization Corporation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,123,336
For more financial information, click here
Official website here: www.naca.com
What is the mission statement of Neighborhood Stabilization Corporation?
The Neighborhood Stabilization Corporation's mission is centered around providing assistance to homeowners and homebuyers, primarily from low to moderate income communities. Their key activities include offering extensive counseling services, including budgeting, to homebuyers and homeowners facing an unaffordable mortgage. Additionally, they engage in neighborhood stabilization initiatives and activities related to fair lending. Furthermore, the corporation addresses economic justice and financial exploitation issues, aiming to protect primarily low and moderate income individuals and communities.
Official website here: www.naca.com
Who is the CEO of Neighborhood Stabilization Corporation?
Bruce Marks is the Pres/Ceo/Dir of Neighborhood Stabilization Corporation. The CEO's salary of Neighborhood Stabilization Corporation is $0 and their total compensation is $254,667.
Official website here: www.naca.com
What is the revenue of Neighborhood Stabilization Corporation?
Neighborhood Stabilization Corporation's revenue in 2022 was $7,708,192.
Official website here: www.naca.com
Who are the executives of Neighborhood Stabilization Corporation and what are their salaries?
- Bruce Marks (Pres/Ceo/Dir) [Trustee/Director]
- Scott Nguyen (Software Dev)
- Erick Exum (Mortgage Dep)
- Guadalupe Soria (Dir. Of Ment)
- Diego Luque (Operations M)
- Marissa Landrau-Pirazzi (Clerk)
- Carmen Anao (Director)
- Douglas Fierberg (Director)
- Glynn Lloyd (Treas./Direc) [Trustee/Director]
Official website here: www.naca.com
Where can I find the form 990 for Neighborhood Stabilization Corporation?
The Neighborhood Stabilization Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.naca.com
Learn more at the official website: www.naca.com
Mission Statement of Neighborhood Stabilization Corporation
The Neighborhood Stabilization Corporation, a nonprofit organization, is dedicated to providing extensive counseling and assistance to homeowners and homebuyers, primarily from low to moderate income communities. Their mission encompasses pre-purchase and post-purchase guidance, offering comprehensive counseling, budgeting, and other necessary support services. The corporation is also committed to promoting neighborhood stabilization initiatives and activities related to fair lending, as well as addressing economic justice and financial exploitation issues that predominantly affect low and moderate income individuals and communities.
Impact
This information is meant to be a general summary of Neighborhood Stabilization Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Neighborhood Stabilization Corporation's impact is significant in helping homeowners and homebuyers, primarily from low to moderate-income communities, to navigate through financial challenges related to homeownership. By providing extensive counseling, budgeting assistance, and other pre-purchase and post-purchase support, NSC plays a crucial role in promoting neighborhood stabilization initiatives and fair lending practices. Additionally, NSC addresses economic justice issues and fights against financial exploitation, particularly targeting low and moderate-income individuals and communities. Through its comprehensive services and advocacy efforts, NSC positively impacts the communities it serves in Boston, MA, and contributes to community improvement.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CREDIT REPORT FEES
Revenue
$660,622
Organization Details
Founding Year
1997
Phone
(617) 250-6222
Principal Officer
Bruce Marks
Main Address
225 CENTRE ST SUITE 100, BOSTON, MA, 02119
Website
www.naca.com
NTEE Category
Code: S99Z - Community improvement
If you are a representative of Neighborhood Stabilization Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.