POAH NMTC2 TITLE HOLDING CORPORATION CO PRESERVATION OF AFFORDABLE HOUSING INC
2 OLIVER STREET SUITE 500, BOSTON, MA 02109 www.poah.org

Total Revenue
$299,104
Total Expenses
$581,122
Net Assets
$-584,727

Organizations Filed Purposes: THE ENTITY WILL BE OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF HOLDING TITLE TO OR A LEASEHOLD INTEREST IN A RENTAL PROPERTY (THE "PROPERTY"), COLLECTING INCOME FROM THE PROPERTY, AND TURNING OVER THE ENTIRE AMOUNT OF SUCH INCOME, LESS EXPENSES TO PRESERVATION OF AFFORDABLE HOUSING, INC. ("POAH"), AN ORGANIZATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3). THE CORPORATION'S BUSINESS OBJECTIVES INCLUDES CONTINUING TO QUALIFY AS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS UNDER SECTION 45D OF THE INTERNAL REVENUE CODE.

THE ENTITY WILL LEASE COMPLETED PROJECT(S) TO POAH OR ITS WHOLLY OWNED SUBSIDIARY AS THE "MASTER TENANT" FOR USE AS A MIXED USE DEVELOPMENT CONSISTING OF RESIDENTIAL RENTAL APARTMENTS AND GROUND FLOOR RETAIL, WHICH IS INTENDED TO BE A LEASE TO A DAYCARE CENTER THAT WILL PROVIDE DAY CARE SERVICES AT RATES AFFORDABLE TO LOW-INCOME PERSONS.CURRENTLY, THE "PROPERTY" CONSISTS OF 24 RESIDENTIAL UNITS AND APPROXIMATELY 6,800 SQUARE FEET OF COMMERCIAL SPACE, IS LOCATED IN CHICAGO, ILLINOIS, AND OPERATES UNDER THE NAME OF TRIANON LOFTS APARTMENTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Randy ParkerTREASURER, MANAG. DIR & CFO0.5$0
Andrew SpoffordSECRETARY, CHIEF OF STAFF0.5$0
Aaron GornsteinPRESIDENT & CEO0.5$0
William TownsDIRECTOR0.5$0
William ApgarDIRECTOR0.5$0
Tobin LevyDIRECTOR0.5$0
Reese FaydeDIRECTOR0.5$0
Printice GaryDIRECTOR0.5$0
Mark SnydermanDIRECTOR0.5$0
Mark GoldhaberDIRECTOR0.5$0
Jarrett BarriosOUTGOING DIRECTOR0.5$0
Georgia MurrayDIRECTOR0.5$0
Estelle RichmanDIRECTOR0.5$0
Damon SmithDIRECTOR0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023179349303712_public.xml