Noah strengthens communities through flexible financing, strategic partnerships, and creative solutions that build and preserve Affordable Housing in Oregon.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 18 volunteers and 12 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.6M a year · 17% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
58 mo
of spending, in cash
Looks good: 58.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $25K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$287.0M
92% of total assets
Concern: liabilities are 92% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.8M
+9% vs prior year
Spent
$11.5M
To programs
91%
Net assets
$24.9M
By yearFY2020–FY2025
Revenue
$11.8M
FY2025▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.5M
FY2021$9.2M
FY2022$8.5M
FY2023$8.1M
FY2024$10.9M
FY2025$11.8M
Expenses
$11.5M
FY2025▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.8M
FY2021$5.8M
FY2022$6.4M
FY2023$7.8M
FY2024$10.0M
FY2025$11.5M
Net assets
$24.9M
FY2025▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$17.9M
FY2021$21.4M
FY2022$23.5M
FY2023$23.8M
FY2024$24.6M
FY2025$24.9M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $10.5M Management & general 9% · $993K Fundraising 0% · $13K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$308,719Pt VII · Sec A
Deputy Director/Director of Lending
$233,361Pt VII · Sec A
Director of Finance & Admin
$197,890Pt VII · Sec A
Director of Asset Mgmt and Policy
$180,190Pt VII · Sec A
Relationship Manager
$152,101Pt VII · Sec A
Relationship Manager
$128,363Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

William a Van Vliet’s $309K as Executive Director is at the 80th percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
William a Van Vliet$308,719$297,262$257,313$227,107$211,779$211,396
Ann Remmers$233,361$223,669$197,211$183,721$172,305$168,173
Cynthia a Barber$197,890—————
Cynthia Barber—$185,235$154,883$149,716$136,771$130,901
Rachel Bidou$180,190$174,469$151,273$126,324——
Erik Pattison$152,101$142,476————
Robert Prasch—$146,323$122,959$114,399$108,606$116,001
Anthony Carnivale$128,363—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Network for Oregon Affordable Housing executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds and preserves affordable housing in Oregon using flexible financing and creative solutions.

Questions for Network for Oregon Affordable Housing

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Your first name shows with your question. Network for Oregon Affordable Housing answers here, for everyone.

Provided by the organization

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3 programs · $10.5M · in their own filed words · FY2024
01

Permanent Loan Program

Noah provides financing and technical assistance to facilitate the development of affordable housing in the state of oregon. During fiscal year 2024/2025, fifteen (15) permanent loans were closed. The total dollar value of these loans was $37.5MM and created or preserved 634 units of housing.

$10.0Mprogram expense
02

Preservation Loan Program

These loans target the acquisition and preservation of (1) federally rent-subsidized units that are at risk of conversion to market rates, (2) properties for conversion to affordable, (3) manufactured home parks, and (4) land in desirable locations to preserve for development of affordable housing.

$573Kprogram expense
03

Mpower Oregon

Noah is sole member of mpower oregon LLC. Mpower offers an integrated solution for lowering energy and water expenses at existing affordable multifamily properties through loans and grants. Mpower delivers immediate savings to owners and occupants through project management of building upgrades and ongoing technical support services.

−$109program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$25K
Grants paid · 9 grants · $5.3M · 2019–2024
Centennial TownhomesFY2024$2,785,000
Community LendingworksOR · FY2024$50,023
Proud GroundOR · FY2023$790,000
Bratton Development LLC (sumner)FY2023$510,000
Elevate EnergyIL · FY2019$159,334
Human Solutions INCOR · FY2019$12,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$11.8M
Ln 12
Fees for servicesLn 2g$8.2M
Gifts and grantsLn 1h$3.2M
Investment incomeLn 3$395K
Money outPt IX
$11.5M
Ln 25
Programscol B$10.5M
Managementcol C$993K
Fundraisingcol D$13K
Owns and owesPt X
$24.9M
net assets · Ln 32
Cash and savingsLn 1–2$55.9M
Total assetsLn 16$312.0M
LiabilitiesLn 26$287.0M
PeoplePt VI, VII
19
listed · VII A
PaidVII A6
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.2M
Government grantsLn 1e$2.9M
Fees for servicesLn 2g$8.2M
Investment incomeLn 3$395K
Total revenueLn 12$11.8M
Assets in detailPt X, end of year
CashLn 1$7.9M
SavingsLn 2$48.0M
Cash and savings togetherLn 1–2$55.9M
Land, buildings, equipmentLn 10c$21K
Other assetsLn 15$1.8M
Total assetsLn 16$312.0M
LiabilitiesLn 26$287.0M
Net assetsLn 32$24.9M
OperationsPt I, VI
EmployeesI 512
VolunteersI 618
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$28.0M$55.9M
Land, buildings, equipmentLn 10c$27K$21K
Total assetsLn 16$246.2M$312.0M
LiabilitiesLn 26$221.6M$287.0M
Net assetsLn 32$24.6M$24.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.8M$2.8M
Pay of current officers, directors and key staffLn 5$371K$261K$109K$2K
Other salaries and wagesLn 7$1.8M$1.3M$535K$642
Pension plan contributionsLn 8$152K$102K$43K$8K
Other employee benefitsLn 9$136K$96K$40K$604
Payroll taxesLn 10$166K$117K$49K$736
Legal feesLn 11b$46K$44K$2K
Accounting feesLn 11c$55K$55K
Other fees for servicesLn 11g$84K$48K$37K$275
Office expensesLn 13$100K$64K$35K$331
Information technologyLn 14$106K$77K$29K$443
OccupancyLn 16$77K$56K$21K$322
TravelLn 17$17K$10K$6K
Conferences, conventions and meetingsLn 19$13K$3K$10K
InterestLn 20$4.5M$4.5M
Depreciation, depletion and amortizationLn 22$6K$5K$2K$26
InsuranceLn 23$118K$113K$5K
Other expenses (24a–d)Ln 24$833K$833K
All other expensesLn 24e$71K$57K$14K$173
Total functional expensesLn 25$11.5M$10.5M$993K$13K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $11.8M$11.5M$304K$24.9M 990 PDF
FY2024 $10.9M$10.0M$844K$24.6M 990 PDF
FY2023 $8.1M$7.8M$316K$23.8M 990 PDF
FY2022 $8.5M$6.4M$2.1M$23.5M 990 PDF
FY2021 $9.2M$5.8M$3.4M$21.4M 990 PDF
FY2020 $8.5M$5.8M$2.7M$17.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $11,836,357 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,171,000$3,203,390
I-9 Program service revenuePrior year $7,258,160$8,237,726
I-10 Investment incomePrior year $426,089$395,241
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $10,855,249$11,836,357
I-13 Grants and similar amounts paidPrior year $2,275,000$2,835,023
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,171,256$2,640,038
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,565,294$6,057,482
I-18 Total expensesPrior year $10,011,550$11,532,543
I-19 Revenue less expensesPrior year $843,699$303,814
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $11,836,357 across 6 lines filed
VIII-1e Government grants$2,949,440
VIII-1f All other contributions, gifts and grants$253,950
VIII-1h Total contributions, gifts and grants$3,203,390
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,237,726$8,237,726
VIII-3 Investment incomeExcluded from tax $395,241$395,241
VIII-12 Total revenueRelated to mission $8,237,726 · Unrelated business $0 · Excluded from tax $395,241$11,836,357
Part IX · Statement of functional expenses $11,532,543 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $2,835,023$2,835,023
IX-5 Pay of current officers, directors and key staffPrograms $260,613 · Management $109,207 · Fundraising $1,646$371,466
IX-7 Other salaries and wagesPrograms $1,277,814 · Management $535,449 · Fundraising $642$1,813,905
IX-8 Pension plan contributionsPrograms $101,605 · Management $42,576 · Fundraising $8,073$152,254
IX-9 Other employee benefitsPrograms $95,590 · Management $40,056 · Fundraising $604$136,250
IX-10 Payroll taxesPrograms $116,577 · Management $48,850 · Fundraising $736$166,163
IX-11b Legal feesPrograms $43,731 · Management $1,876$45,607
IX-11c Accounting feesManagement $55,076$55,076
IX-11g Other fees for servicesPrograms $47,522 · Management $36,655 · Fundraising $275$84,452
IX-13 Office expensesPrograms $64,027 · Management $35,146 · Fundraising $331$99,504
IX-14 Information technologyPrograms $76,540 · Management $29,404 · Fundraising $443$106,387
IX-16 OccupancyPrograms $55,643 · Management $21,376 · Fundraising $322$77,341
IX-17 TravelPrograms $10,219 · Management $6,426$16,645
IX-19 Conferences, conventions and meetingsPrograms $2,961 · Management $10,480$13,441
IX-20 InterestPrograms $4,531,179$4,531,179
IX-22 Depreciation, depletion and amortizationPrograms $4,607 · Management $1,770 · Fundraising $26$6,403
IX-23 InsurancePrograms $113,144 · Management $4,944$118,088
IX-24 Other expenses (24a–d)Programs $832,615$832,615
IX-24e All other expensesPrograms $56,720 · Management $13,851 · Fundraising $173$70,744
IX-25 Total functional expensesPrograms $10,526,130 · Management $993,142 · Fundraising $13,271$11,532,543
Part X · Balance sheet $311,962,873 assets, 15 lines filed
Asset lines not itemized here account for $253,719,729; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $6,898,665$7,938,804
X-2 Savings and temporary cash investmentsStart of year $21,093,790$48,009,647
X-4 Accounts receivableStart of year $1,837,719$40,522
X-9 Prepaid expenses and deferred chargesStart of year $691,562$481,404
X-10c Land, buildings and equipment, netStart of year $27,150$20,748
X-15 Other assetsStart of year $1,575,843$1,752,019
X-16 Total assetsStart of year $246,199,442$311,962,873
X-17 Accounts payable and accrued expensesStart of year $560,664$575,381
X-19 Deferred revenueStart of year $320,015$30,890,943
X-24 Unsecured notes and loans payableStart of year $15,100,000$14,350,000
X-25 Other liabilitiesStart of year $441,584$387,324
X-26 Total liabilitiesStart of year $221,558,100$287,017,717
X-27 Net assets without donor restrictionsStart of year $24,641,342$24,945,156
X-32 Total net assets or fund balancesStart of year $24,641,342$24,945,156
X-33 Total liabilities and net assetsStart of year $246,199,442$311,962,873
Part XI · Reconciliation of net assets $24,945,156 net assets at year end
XI-1 Total revenue$11,836,357
XI-2 Total expenses$11,532,543
XI-3 Revenue less expenses$303,814
XI-4 Net assets at start of year$24,641,342
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$24,945,156

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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