Civic Intelligence

Noelle Affordable Housing

EIN 36-4697285 • 501(c)3 • Little Neck, NY

Profile

To provide affordable housing for the economically and financially disadvantaged who are not able to afford housing in their community, including senior citizens, the elderly, and the disabled; and to lessen the burden of government

PO Box 630435Little Neck, NY 11363

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE L20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE L20 • <$500k nonprofits • Source year 2024

Net Margin

1st percentile

-124706%

Higher net margin than 1% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE L20 • <$500k nonprofits • Source year 2024

Asset Growth

13th percentile

-88%

Faster asset growth than 13% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-100%

Faster revenue growth than 9% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$36,873

Down $271,609 (-88%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$36,873

Down $271,609 (-88%) from 2021

Operations
Liabilities / Revenue45th percentileNet Margin1st percentile

Revenue

Down

$227

Down $699,201 (-100%) from 2021

Expenses

Down

$283,310

Down $126,984 (-31%) from 2021

Net Income

Down

-$283,083

Down $572,217 (-198%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2013: $840Net Assets 2013: $8402013Assets 2015: $840Net Assets 2015: $8402015Assets 2017: $0Net Assets 2017: $02017Assets 2018: $0Net Assets 2018: $02018Assets 2019: $25,149Net Assets 2019: $25,1492019Assets 2020: $19,348Net Assets 2020: $19,3482020Assets 2021: $308,482Liabilities 2021: $0Net Assets 2021: $308,4822021Assets 2024: $36,873Liabilities 2024: $0Net Assets 2024: $36,8732024

Highlighted filing

2024

Assets$36,873
Liabilities$0
Net Assets$36,873
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $02013Revenue 2015: $02015Revenue 2017: $02017Revenue 2018: $02018Revenue 2019: $25,1492019Revenue 2020: $0Expenses 2020: $5,801Net Income 2020: -$5,8012020Revenue 2021: $699,428Expenses 2021: $410,294Net Income 2021: $289,1342021Revenue 2024: $227Expenses 2024: $283,310Net Income 2024: -$283,0832024

Highlighted filing

2024

Revenue$227
Expenses$283,310
Net Income-$283,083
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$36,873
Liabilities
$0
Net assets
$36,873
Revenue
$227
Expenses
$283,310
Net income
-$283,083
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.00$2.83$2.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$0.00$3.08$6.99$4.10$2.89
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.19$0.00$0.06$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.25$0.25
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$227
Mission and Program Overview

Mission

To provide affordable housing for the economically and financially disadvantaged who are not able to afford housing in their community, including senior citizens, the elderly, and the disabled; and to lessen the burden of government

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$319,956$36,873▼ $283,083
Total Assets$319,956$36,873▼ $283,083
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$319,956$36,873▼ $283,083
Total Net Assets Fund Balance$319,956$36,873▼ $283,083
Total Liabilities and Net Assets / Fund Balance$319,956$36,873▼ $283,083
Compensation and Service Providers
Top Officer Pay87th percentile

Board Members and Trustees

NameTitle
Francisco FuentesPresident
Kenneth RaglandVice President
Raissa PetraccaVice President
Lauretta KennedySecretary
Laurie GordonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$227
Other Revenue
$0
Change in Net Assets
$-283,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$283,310
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$273,589--$273,589
Fees for Services Legal$7,190--$7,190
Fees for Services Accounting$1,500--$1,500
Other Expenses$1,031--$1,031
Total Functional Expenses$283,310$0$0$283,310
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Line 2 explanation - Laurie Gordon is an employee of Lauretta Kennedy in another business”

Form 990, Part VI, Section A, line 6

“Line 6 explanation - INDIVIDUALS”

Form 990, Part VI, Section A, line 7A

“Line 7a explanation - DEMOCRATICALLY”

Form 990, Part VI, Section B, line 11B

“Line 11b Explanation - REVIEWED WITH PREPARING CPA”

Form 990, Part VI, Section C, line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Noelle Affordable Housing
EIN
36-4697285
Phone
2126615015
Address
PO BOX 630435, LITTLE NECK, NY 11363

Signing Officer

Name
Lauretta Kennedy
Title
Secretary
Phone
2126615015
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauretta Kennedy
Formed
2011
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Joel Okon
Address
33 Nantucket Ln, Deer Park, NY 11729-1012
Preparer
Joel Okon
Phone
5162418755
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“FILING FEES: Program service expenses 100. Management and general expenses 0. Fundraising expenses 0. Total expenses 100. CONSULTING FEES: Program service expenses 273,489. Management and general expenses 0. Fundraising expenses 0. Total expenses 273,489.”

Raw XML Appendix277 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Line 6 explanation - INDIVIDUALS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Line 7a explanation - DEMOCRATICALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Line 11b Explanation - REVIEWED WITH PREPARING CPA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FILING FEES: Program service expenses 100. Management and general expenses 0. Fundraising expenses 0. Total expenses 100. CONSULTING FEES: Program service expenses 273,489. Management and general expenses 0. Fundraising expenses 0. Total expenses 273,489.
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0117291012
ReturnHeader/PreparerPersonGrp/PhoneNum05162418755
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joel Okon
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-14T13:32:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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