Poah Support Corporation Co Preservation of Affordable Housing Inc
Nonprofit profile at a glance
- EIN
- 475438705
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Boston, MA, USA
- Phone
- 6174490870
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $661,472
- Expenses
- $727,247
- Assets
- $17,506,360
- Liabilities
- $11,763,019
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- AARON GORNSTEIN (DIRECTOR/PRESIDENT)
Highest reported compensation
- AARON GORNSTEIN (DIRECTOR/PRESIDENT): $551,268 total reported compensation
- ALLISON ADDUCI (DIRECTOR/TREAS/SECTRY): $377,359 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is organized and will be operated at all times exclusively for the benefit of preservation of affordable housing, inc., an Illinois not-for-profit corporation that is an organization described in section 501(c)(3) and section 509(a)(2) of the code.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 60
- Accountability: 56
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.3%; rating input score 89
- Program expense ratio: 85.5%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 40%; rating input score 40; 10th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -9.9%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 24.07; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 6.1%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 20.9% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 14% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 89.3% of revenue deployed · 85.5% of spending went to programs
- Governance: 2 of 5 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $621K in reported program spending
- Leadership: top reported pay $551K · 2 people listed · 0 of 6 pay-setting controls reported
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Related organizations: 222 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Independent voting board scored 40/100.
- High — Sustainability: Operating margin scored 17/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.