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Massachusetts · Nonprofit

NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA

NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA (Massachusetts) receives grants from 2 organizations whose IRS filings report $612,939 to it, the largest being LUDWIG INSTITUTE FOR SHARED ECONOMIC PROSPERITY ($587,500). 0 of them have funded it in more than one year.

Revenue FY2024
$42M
Funders on record
2
Grants received
$613k
Net assets
$248M
0/2 repeat funderspeak grant-dependency 1%
01What it does

What Neighborhood Assistance Corporation of America does

Mission

To stabilize communities through affordable home ownership and community advocacy.

As stated on its FY2024 Form 990.

Program

  1. Naca's mission is to stabilize communities through affordable homeownership and community advocacy. Naca provides unprecedented homeownership opportunities for primarily low and moderate income people and people purchasing in low and moderate income communities. This is primarily through education, mortgage assistance and mortgage origination in combination with access to affordable mortgages. Naca also assists homeowners who have an unaffordable mortgage. Naca's advocacy includes neighborhood stabilization initiatives and activities opposing predatory and discriminatory lending practices. Naca also addresses other issues of economic justice and financial exploitation of primarily low and moderate individuals and communities. Participants can become naca members and access the mortgage product available through naca and receive additional services including extensive post-purchase assistance to prevent the foreclosure on their home. Naca is open to all residents in the communities where naca has established its presence or provides services. Naca's national office is located in boston, massachusetts with local offices servicing individuals and communities throughout the united…

    $17,443,856 spent$36,814,603 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $17,443,856.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($32M) Expenses 100 ($18M) Net assets 100 ($90M)2018 Revenue 123 ($40M) Expenses 123 ($22M) Net assets 119 ($108M)2019 Revenue 165 ($54M) Expenses 137 ($25M) Net assets 153 ($138M)2020 Revenue 182 ($59M) Expenses 164 ($29M) Net assets 187 ($168M)2021 Revenue 153 ($50M) Expenses 134 ($24M) Net assets 214 ($193M)2022 Revenue 130 ($42M) Expenses 120 ($21M) Net assets 233 ($210M)2023 Revenue 120 ($39M) Expenses 136 ($24M) Net assets 253 ($228M)2024 Revenue 130 ($42M) Expenses 130 ($23M) Net assets 275 ($248M)
'17'18'19'20'21'22'23'24
Revenue (130)Expenses (130)Net assets (275)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $273M to $233M (−15%).

$180M
$205M
$231M
$258M
$268M
$273M
$233M
$255M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$15M
’17
$18M
’18
$29M
’19
$30M
’20
$26M
’21
$21M
’22
$15M
’23
$19M
’24
0.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed9999991212
Joined·+2+2+2+2+2+5+1
No longer listed·2222221
03Who funds it

Who funds it, year by year

2018 → 2021: the base held at 1 funder, grant income rose $25k → $588k.

Funder
'18
'21
total
Unite Here Local 5unclassified
$25k
funders
1
1

From the IRS filings of NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA.

96%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA draws 100% of its grant income from funders outside Massachusetts, across 2 states in all.

DC
HI

In-state vs out-of-state, by year

’18
’21
Massachusetts out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 25%Fundraising 0%

Governance

4
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 7 states

NY
MA
OR
CA
AL
GA
FL

Part of a family of 3 related entities

  • Neighborhood Stabilization Corp Inc · exempt
  • Union Neighborhood Assistance Corp · exempt
  • Community Assist Prog of America · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA?
NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA (Massachusetts) receives grants from 2 organizations whose IRS filings report $612,939 to it, the largest being LUDWIG INSTITUTE FOR SHARED ECONOMIC PROSPERITY ($587,500). 0 of them have funded it in more than one year.
How many funders does NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA have?
IRS filings report 2 organizations giving $612,939 in grants to NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA.
Who is the largest funder of NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA?
LUDWIG INSTITUTE FOR SHARED ECONOMIC PROSPERITY is the largest funder on record, with $587,500 in grants. The full list of funders is on this page.
How can an organization like NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Neighborhood Assistance Corporation of America →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing