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Network for Oregon Affordable Housing

Portland, OR · EIN 93-1037330 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Network for Oregon Affordable Housing reported $11.8 million in revenue and $11.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.27 went to program services, $8.61 to management and general costs and $0.12 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 69.6% of the total. Government grants made up 24.9%. The highest compensation it reported for one person was $347,276 (EXECUTIVE DIRECTOR). 13 people received more than $100,000 in reportable compensation. Revenue rose 40% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 933 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.3%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
8.6%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
27.1%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
24.9%1.0%
Program service revenue share
Part VIII 2g ÷ 12
69.6%66.2%
Highest reported compensation
Part VII-A, columns D–F
$347,276$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.01%1.57%
People paid over $100,000
Part VII, line 2
135
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.010.0
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$10.0M expenses · 94.6% of program spending · grants $2.8M · revenue $7.6M

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. In addition, activity for the year included eight (8) commitments totaling $19mm and 282 units and four (4) loans in process with a value of $12.3mm

$573K expenses · 5.4% of program spending · revenue $612K

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. During fiscal year 2024/2025, there was one (1) new loan made under this loan program with a value of $6.2mm. There were no loans in process at year end. Predevelopment loan program:these loans provide capital for both land acquisition and predevelopment activities. During…

−$109 expenses · -0.0% of program spending · revenue $13,556

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

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 38.00 hrs/week
$308,719$0$38,557$347,276
DEPUTY DIRECTOR/DIRECTOR OF LENDING
Highest compensated employee, 40.00 hrs/week
$233,361$0$31,155$264,516
DIRECTOR OF FINANCE & ADMIN
Highest compensated employee, 40.00 hrs/week
$197,890$0$18,097$215,987
DIRECTOR OF ASSET MGMT AND POLICY
Highest compensated employee, 40.00 hrs/week
$180,190$0$26,946$207,136
RELATIONSHIP MANAGER
Highest compensated employee, 40.00 hrs/week
$152,101$0$24,361$176,462
RELATIONSHIP MANAGER
Highest compensated employee, 40.00 hrs/week
$128,363$0$11,431$139,794

13 people received more than $100,000 in reportable compensation from Network for Oregon Affordable Housing (Part VII, line 2). Compensation of current officers, directors and key employees totaled $371K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$12M91.3%$25M$347,276
FY2024 ⓘ$11M$10M90.7%$25M$332,563
FY2023 ⓘ$8.1M$7.8M89.6%$24M$289,246
FY2022 ⓘ$8.5M$6.4M88.5%$23M$256,389
FY2021 ⓘ$9.2M$5.8M89.8%$21M$239,540
FY2020 ⓘ$8.5M$5.8M89.2%$18M$237,592

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 520
  • Volunteers Part I, line 623

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
US BANK
Agent bank fees/banking services
$180,000

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Network for Oregon Affordable Housing's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Network for Oregon Affordable Housing, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in Oregon

Questions people ask

How much of Network for Oregon Affordable Housing's spending goes to programs?

In the fiscal year ending June 30, 2025, Network for Oregon Affordable Housing reported that 91.3% of its $11.5 million in expenses went to program services, 8.6% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Network for Oregon Affordable Housing pay its top executive?

The largest total compensation Network for Oregon Affordable Housing reported for one person in the fiscal year ending June 30, 2025 was $347,276, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Network for Oregon Affordable Housing get its money?

Of $11.8 million in revenue in the fiscal year ending June 30, 2025, 27.1% came from contributions and grants (including 24.9% from government grants) and 69.6% from program service revenue (Form 990, Part VIII).

Is Network for Oregon Affordable Housing a registered charity?

The IRS lists EIN 93-1037330 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610549349300436 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500559349301540 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400579349301380 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310549349300126 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210459349301436 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100619349300305 · read the filing

All filings for EIN 93-1037330: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.