National Community Stabilization Trust Llc

Nonprofit profile at a glance

EIN
263703347
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Washington, DC, USA
Phone
2022233237
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Rehabilitation

Official website

Reported finances

Revenue
$3,317,490
Expenses
$3,412,488
Assets
$3,874,264
Liabilities
$1,948,958

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • CHRISTOPHER TYSON (PRESIDENT)

Highest reported compensation

  • CHRISTOPHER TYSON (PRESIDENT): $358,363 total reported compensation
  • CARLOS ALCAZAR (COO): $307,192 total reported compensation
  • RACQUEL REDDIE (VP, COMMUNITY DEVELOPMENT): $228,756 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ncst works to increase homeownership by expanding the supply of affordable, single-family homes to stabilize neighborhoods, build community wealth, and advance racial equity.

What it reported doing in 2025

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 policy operation by recruiting senior policy experts to its team. This policy team supports the homeownership alliance, a practitioner led cohort to national nonprofit developers seeking to provide more resources and better policies to increase homeownership.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 79
  • Accountability: 93
  • Sustainability: 23
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.2%; rating input score 75
  • Program expense ratio: 72.9%; rating input score 73
  • Fundraising efficiency: $9.31 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 20th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.9%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 1.14; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.5; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 30.7%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -7.9% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -5.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -15.8% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 75.2% of revenue deployed · 72.9% of spending went to programs
  • Governance: 7 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $358K · 11 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $100K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.