2015-05-15T12:34:31-05:00 2014-06-30 930900579 MCDONALD JACOBS PC 520 SW YAMHILL ST STE 500 PORTLAND OR 97204 990 2013-07-01 931037330 NETWORK FOR OREGON AFFORDABLE HOUSING NETW 5032233211 1020 SW TAYLOR STREET NO 585 PORTLAND OR 97205 WILLIAM A VAN VLIET EXECUTIVE DIRECTOR 5032233211 2015-05-14 1 SANG AHN P00540880 5032270581 2013 2016-04-25 22:37:26Z WILLIAM A VAN VLIET 1020 SW TAYLOR STREET NO 585 PORTLAND OR 97205 5676282 0 X WWW.NOAH-HOUSING.ORG X 1990 OR PROVIDE FINANCING AND RELATED SERVICES FOR THE CREATION AND PRESERVATION OF AFFORDABLE HOUSING PRIMARILY FOR LOW AND VERY LOW INCOME HOUSEHOLDS IN OREGON. SERVE AS TECHNICAL ASSISTANCE PROVIDER AND ADVOCATE FOR AFFORDABLE HOUSING, PRESERVATION, ENERGY EFFICIENCY AND COMMUNITY DEVELOPMENT ISSUES. 12 12 10 22 0 0 1533390 691144 4294063 4832952 137443 10310 250000 141876 6214896 5676282 75000 47500 0 0 1042060 1128672 0 0 0 3859484 3891236 4976544 5067408 1238352 608874 117116000 129647812 109445004 121367942 7670996 8279870 X THE ORGANIZATION WILL INCREASE THE AVAILABILITY OF AFFORDABLE HOUSING IN OREGON FOR LOW INCOME HOUSEHOLDS, SENIORS AND RESIDENTS WITH SPECIAL NEEDS BY FACILITATING PRIVATE CAPITAL FLOW FOR DEBT TO DEVELOPERS OF AFFORDABLE HOUSING. 0 0 3461291 4088293 PERMANENT LOAN PROGRAM:NOAH PROVIDES FINANCING AND TECHNICAL ASSISTANCE TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING IN THE STATE OF OREGON. DURING FISCAL YEAR 2013/2014, THIRTEEN (13) PERMANENT LOANS WERE CLOSED.THE TOTAL DOLLAR VALUE OF THESE LOANS WAS $15,736,551 AND CREATED 536 UNITS OF HOUSING. 773403 47500 506790 PRESERVATION LOAN PROGRAM:THESE LOANS TARGET THE ACQUISITION AND PRESERVATION OF FEDERALLY RENT-SUBSIDIZED UNITS THAT ARE AT RISK OF CONVERSION TO MARKET RATES. DURING FISCAL YEAR 2012/2014, ONE PRESERVATION LOAN WAS CLOSED. THE TOTAL DOLLAR VALUE OF THE LOAN WAS $937,500.00 AND PRESERVED 26 UNITS OF HOUSING. 327260 375745 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 BUILDING UPGRADES AND ONGOING TECHNICAL SUPPORT SERVICES. NOAH MADE ONE (1) LOAN IN THE PRINCIPAL AMOUNT OF $500,000.00 TO ACQUIRE AND PRESERVE A MANUFACTURED HOME PARK OF 63 HOMES IN RURAL OREGON.NOAH MADE ONE (1) LOAN IN THE PRINCIPAL AMOUNT OF $600,000.00 TO ACQUIRE LAND FOR DEVELOPMENT ON A TRANSIT-ORIENTED SITE.NOAH EARNS BOND AND LOAN SERVICING FEES. 4561954 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 15 0 10 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X WILLIAM A VAN VLIET 5032233211 1020 SW TAYLOR STREET SUITE 585 PORTLAND OR 97205 JOHN VAN LANDINGHAM BOARD MEMBER 0.50 X X 0 0 0 BARBARA B SMITH BOARD MEMBER 0.50 X X 0 0 0 BRIAN STEWART BOARD MEMBER 0.50 X X 0 0 0 HOWARD WEINMAN BOARD MEMBER 0.50 X 0 0 0 JOHN EPSTEIN BOARD MEMBER 0.50 X 0 0 0 DEAN GISVOLD BOARD MEMBER 0.50 X 0 0 0 PETER HAINLEY BOARD MEMBER 0.50 X 0 0 0 GINA LEON BOARD MEMBER 0.50 X 0 0 0 LYNN SCHOESSLER BOARD MEMBER 0.50 X 0 0 0 JAMES WALKER BOARD MEMBER 0.50 X 0 0 0 JAN LASKEY BOARD MEMBER 0.50 X 0 0 0 FRANCES JOHNSTON BOARD MEMBER 0.50 X 0 0 0 ROBERT MURAVEZ BOARD MEMBER 0.50 X 0 0 0 MONIQUE BERTRAM BOARD MEMBER 0.50 X 0 0 0 JACKIE SCHAD BOARD MEMBER 0.50 X 0 0 0 WILLIAM A VAN VLIET EXECUTIVE DIRECTOR 40.00 X 156472 0 20183 JONI-MARIE A HARTMANN DEPUTY DIRECTOR 40.00 X 135500 0 20703 291972 0 40886 2 0 1 0 US BANK 110 SW FIFTH AVENUE PORTLAND OR 97204 AGENT BANK FEES/BANKING SERVICES 109700 BLUE TREE STRATEGIES INC 240 N BROADWAY STE 211 PORTLAND OR 97227 CLEAN ENERGY 102500 2 690269 875 691144 MORTGAGE INTEREST 531390 4733507 4733507 LOAN SERVICING FEES 531390 83247 83247 TAX-EXEMPT BOND PROGRA 531390 14698 14698 LOAN AND COMMITMENT FE 531390 1500 1500 4832952 10310 10310 RECAPTURE OF LOAN LOSS 531390 137876 137876 REBATES/INCENTIVES - E 900099 4000 4000 141876 5676282 4970828 0 14310 47500 47500 335789 204831 130958 573856 451110 122746 58124 35456 22668 70144 42788 27356 90759 55363 35396 10944 7042 3902 104720 45096 59624 145927 121314 24613 7809 5218 2591 74377 49698 24679 59914 40034 19880 29625 18619 11006 17128 11445 5683 3274194 3274194 13423 8969 4454 28760 19217 9543 FEES TO AGENT BANKS 115760 115760 LOAN SERVICING 6541 6541 MISCELLANEOUS FEES 1066 711 355 REGULATORY FEES 1048 1048 5067408 4561954 505454 0 1319355 1546078 9784228 11384581 260870 166058 30687 13285 105111118 115823827 161752 207971 138585 98471 42271 40114 405719 465898 117116000 129647812 416456 371100 2553492 2335337 1026400 1140554 95424583 107496963 10000000 10000000 24073 23988 109445004 121367942 X 7670996 8279870 7670996 8279870 117116000 129647812 608874 0 X X 0 1 X 1 0 X 272054 361162 1327931 1485148 691144 4137439 5162668 5084556 4572876 4294063 4832952 23947115 5434722 5445718 5900807 5779211 5524096 28084554 209442 321162 374331 312245 241010 1458190 0 209442 321162 374331 312245 241010 1458190 26626364 11018 63103 1811593 137443 10310 2033467 11018 63103 1811593 137443 10310 2033467 250000 141876 391876 5445740 5508821 7712400 6166654 5676282 30509897 0.87270 0.88300 0.06660 0.06960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1800 1800 5065606 5067406 403370 100843 0 0 404908 402848 396415 403370 1607541 2411312 3159 2809 2811 1800 10579 101227 100712 99104 100843 401886 602829 1800 1800 0 1 X 138585 98471 40114 40114 CUSTOMER DEPOSITS 23821 PAYROLL LIABILITY 167 23988 X PART IV, LINE 2B: CASH AND CASH EQUIVALENTS INCLUDE CASH HELD IN ESCROW FOR TAXES AND INSURANCE AND DEPOSITS FOR CLOSING EXPENSES. RESTRICTED CASH HELD IN ESCROW AND DEPOSITS TOTALED $1,164,375 AT JUNE 30, 2014. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC. 1 PROVIDENCE HEALTH & SERVICES 2001 LIND AVENUE RENTON WA 98057 931265036 501(C)(3) 13500 REPLACE OLD ALUMINUM WINDOWS WITH NEW ENERGY EFFICIENT VPI WINDOWS AT DETHMAN NORTHWEST HOUSING ALTERNATIVES 2316 SE WILLARD STREET MILWAUKIE OR 97222 930814473 501(C)(3) 15000 VARIOUS GREEN BUILDING MEASURES IN REHAB AT HOLLYFIELD VILLAGE ROBINSON JEWISH HOME DBA CEDAR SINAI PARK 6215 SW BOUNDARY STREET PORTLAND OR 97221 930386852 501(C)(3) 19000 VARIOUS GREEN BUILDING MEASURES IN REHAB AT PARK TOWER GREEN PILOT PROGRAM AT BUTTE 3 0 PART I, LINE 2: FOR GRANTS MADE THROUGH THE GREEN PILOT PROGRAM, NOAH ONLY DISBURSES FUNDS UPON COMPLETION OF ACTIVITIES OUTLINED IN THE GRANTEE'S APPLICATION. NOAH REQUIRES 3RD PARTY VERIFICATION OF THE COMPLETED WORK, INCLUDING TOTAL COST. IF DISBURSEMENT IS REQUESTED IN THE NAME OF THE PROJECT SPONSOR ORGANIZATION, NOT A SINGLE-ASSET OWNERSHIP ENTITY FOR THE PROPERTY, NOAH REQUESTS EVIDENCE OF DEPOSIT OF THE GRANT FUNDS INTO A PROJECT-SPECIFIC BANK ACCOUNT. FOR GRANTS MADE THROUGH THE ENERGY AND GREEN BUILDING POST-INSTALLATION EVALUATION PROGRAM, NOAH ONLY DISBURSES FUNDS UPON RECEIPT OF THE EVALUATION REPORT AND COMPLETION OF THE SCOPE OF WORK SUBMITTED WITH THE GRANT APPLICATION. NOAH REQUIRES VERIFICATION OF THE FINAL COST ASSOCIATED WITH THAT COMPLETED SCOPE OF WORK AND REPORT. FOR BOTH THE GREEN PILOT PROGRAM AND ENERGY AND GREEN BUILDING POST-INSTALLATION EVALUATION PROGRAM, NOAH DOES NOT DISBURSE FUNDS DIRECTLY TO 3RD PARTY CONTRACTORS OR CONSULTANTS PERFORMING THE WORK. X X 0 0 0 0 0 0 0 0 0 WILLIAM A VAN VLIET EXECUTIVE DIRECTOR 156472 0 0 0 0 0 12518 0 7665 0 176655 0 0 0 JONI-MARIE A HARTMANN DEPUTY DIRECTOR 135500 0 0 0 0 0 10840 0 9863 0 156203 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 PURSUANT TO POLICY ADOPTED MAY 11, 2009, EACH MEMBER OF THE BOARD OF DIRECTORS SHALL BE PROVIDED A COPY OF NOAH'S FORM 990 FOR REVIEW BEFORE IT IS FILED WITH THE IRS. THE AUDIT COMMITTEE SHALL CONDUCT A REVIEW OF THE FORM 990 AND SHALL REPORT TO THE BOARD IN A TIMELY FASHION THE RESULTS OF ITS REVIEW OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL QUESTIONNAIRES ARE DISTRIBUTED TO OFFICERS, DIRECTORS AND KEY EMPLOYEES TO DETERMINE WHETHER A CONFLICT EXISTS BASED ON DEFINITIONS FROM THE INSTRUCTIONS TO FORM 990. FORM 990, PART VI, SECTION B, LINE 15 NOAH ADOPTED A PROCESS FOR DETERMINING EXECUTIVE LEVEL COMPENSATION ON MAY 11, 2009. THIS PROCESS IS UNDERTAKEN ANNUALLY AT THE END OF EACH CALENDAR YEAR. FORM 990, PART VI, SECTION C, LINE 19 PURSUANT TO POLICY ADOPTED MAY 11, 2009, NOAH MAKES ITS ARTICLES OF INCORPORATION AND ANY AMENDMENTS OR RESTATEMENTS TO THE ARTICLES AVAILABLE TO THE PUBLIC FOR INSPECTION AND COPYING UPON REQUEST. FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MPOWER OREGON LLC 1020 SW TAYLOR STREET 585 PORTLAND OR 97205 460855642 PROVIDING ENERGY EFFICIENT SERVICES TO AFFORDABLE HOUSING COMMUNITIES. OR 375745 683618 N/A