Massachusetts · Nonprofit
PRESERVATION OF AFFORDABLE HOUSING INC
PRESERVATION OF AFFORDABLE HOUSING INC (Massachusetts) receives grants from 20 organizations whose IRS filings report $8,257,614 to it, the largest being ENTERPRISE COMMUNITY PARTNERS INC ($1,756,720). 12 of them have funded it in more than one year.
- Revenue FY2024
- $137M
- Funders on record
- 20
- Grants received
- $8.3M
- Net assets
- $374M
What Preservation of Affordable Housing Inc does
Mission
Poah was formed to preserve and create affordable housing for persons in need of such housing.
As stated on its FY2024 Form 990.
Programs
Poah is dedicated to the long term preservation, creation, ownership and operation of affordable housing properties. At december 31, 2024 poah, or its related organizations owned and operated 13,627 units of decent, safe and affordable housing for low income persons and families.
$112,624,102 spent$108,619,579 earned by the program100% of program spendingSome 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.
$574,311 earned by the program
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $112,624,102.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $870M to $1.1B (+32%).
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.
Government-grant reliance: 2017 23% · 2018 1% · 2019 5% · 2020 0% · 2021 8% · 2022 9% · 2023 14% · 2024 9%. Grants only. Government contracts and fees sit inside program revenue.
11% of PRESERVATION OF AFFORDABLE HOUSING INC’s revenue is contributions — more donation-reliant than the typical peer (11% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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.
Chief executive
Aaron Gornstein
President & CEO
Board chair
Jenny Netzer
Director, chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 11 funders, grant income rose $297k → $1.0M.
6 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PRESERVATION OF AFFORDABLE HOUSING INC’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
PRESERVATION OF AFFORDABLE HOUSING INC has a broad base — no single funder exceeds 21% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
72% 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 PRESERVATION OF AFFORDABLE HOUSING INC.
Largest funder’s share by year: 2017 100% · 2018 51% · 2019 76% · 2020 57% · 2021 40% · 2022 52% · 2023 37% — diversifying over time.
“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.
How long its funders stay
44% of PRESERVATION OF AFFORDABLE HOUSING INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
PRESERVATION OF AFFORDABLE HOUSING INC draws 100% of its grant income from funders outside Massachusetts, across 11 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
PRESERVATION OF AFFORDABLE HOUSING INC runs a healthier operating margin than three-quarters of the 35 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 35 housing & shelter nonprofits over $100M, FY2024
Government funding PRESERVATION OF AFFORDABLE HOUSING INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $42.2M on record — $40.5M federal, $1.7M state.
- Department of the Treasury$40.5M
- (PP) STATE AID/POL SUB$1.7M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like PRESERVATION OF AFFORDABLE HOUSING INC
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Part of a family of 268 related entities
- Poah Cherry Hill LLC · disregarded
- Poah Fieldstone Apartments LLC · disregarded
- Poah Cutler Manor LLC · disregarded
- Poah Cutler Meadows LLC · disregarded
- Poah Middletowne Apartments LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for PRESERVATION OF AFFORDABLE HOUSING INC: 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.
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 PRESERVATION OF AFFORDABLE HOUSING INC?
- PRESERVATION OF AFFORDABLE HOUSING INC (Massachusetts) receives grants from 20 organizations whose IRS filings report $8,257,614 to it, the largest being ENTERPRISE COMMUNITY PARTNERS INC ($1,756,720). 12 of them have funded it in more than one year.
- How many funders does PRESERVATION OF AFFORDABLE HOUSING INC have?
- IRS filings report 20 organizations giving $8,257,614 in grants to PRESERVATION OF AFFORDABLE HOUSING INC, 12 of which have funded it in more than one year.
- Who is the largest funder of PRESERVATION OF AFFORDABLE HOUSING INC?
- ENTERPRISE COMMUNITY PARTNERS INC is the largest funder on record, with $1,756,720 in grants. The full list of funders is on this page.
- How can an organization like PRESERVATION OF AFFORDABLE HOUSING INC 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.
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 20 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 22, 2026. What this page cannot tell you · view filing