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Description

Neighborhood Assistance Corporation of America (also known as Neighborhood Stabilization Corporation) is engaged in housing services including home buyer training, special mortgage products, down payment and closing cost assistance, buyer/broker services, advocacy, counseling, and technical assistance. The organization is also involved in banking reform advocacy and research.

The organization is a 501(c)4 organization. Internal Revenue Code section 501(c)(4) provides for the exemption of two very different types of organizations with their own distinct qualification requirements. They are social welfare organizations; Civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare, and lLocal associations of employees, the membership of which is limited to the employees of designated person(s) in a particular municipality, and the net earnings of which are devoted exclusively for the promotion of social welfare.

BBB Accreditation

This business is not BBB accredited.

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Reason for Rating

BBB rating is based on 16 factors. Get the details about the factors considered.

Based on BBB files, this business has a BBB Rating of No Rating. The reason is as follows:

  • BBB does not have sufficient information to issue a rating on this business.

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Customer Complaints Summary Read complaint details

101 complaints closed with BBB in last 3 years | 12 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 34
Billing/Collection Issues 1
Delivery Issues 2
Guarantee/Warranty Issues 0
Problems with Product/Service 64
Total Closed Complaints 101

Customer Reviews Summary Read customer reviews

29 Customer Reviews on Neighborhood Assistance Corporation of America
Customer Experience Total Customer Reviews
Positive Experience 10
Neutral Experience 1
Negative Experience 18
Total Customer Reviews 29

Additional Information

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BBB file opened: January 01, 1988 Business started: 01/01/1988 in MA Business incorporated: 07/18/1994 in MA
Type of Entity

Corporation

Business Management
Mr. Bruce Marks, Executive Director
Contact Information
Principal: Mr. Bruce Marks, Executive Director
Number of Employees

500

Business Category

MORTGAGES-BROKER

Alternate Business Names
N.A.C.A. NACA
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This 501(c)4 organization has a BBB Rating of No Rating because this is is not a business. BBB only issues a BBB rating on a business. This organization is also not a charity and therefore BBB would not issue a BBB Charity Report.

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