Housing Association Of Nonprofit Developers
- Assets
- $1.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 10/1998
- Data as of
- 06/2022
- EIN
- 31-1604543
Organization Overview
Housing Association Of Nonprofit Developers is located in Washington, DC. The organization was established in 1998. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Housing Association Of Nonprofit Developers employed 3 individuals. This organization is the central organization for a national or regional group of organizations. Housing Association Of Nonprofit Developers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Housing Association Of Nonprofit Developers generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 12.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HAND SUPPORTS A PROFESSIONAL COMMUNITY OF HOUSING PROVIDERS IN ORDER TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING IN THE WASHINGTON, DC METROPOLITAN AREA.
Describe the Organization's Program Activity:
THROUGH EDUCATION, ENGAGEMENT AND REGIONAL ADVOCACY, HAND BUILDS THE CAPACITY OF ITS DIVERSE MEMBERSHIP TO SUPPORT THE DEVELOPMENT OF SUSTAINABLE COMMUNITIES FOR INDIVIDUALS AND FAMILIES AT ALL INCOME LEVELS. THE ORGANIZATION TRAINED OVER 1,000 PRACTITIONERS DURING THE LAST PROGRAM YEAR AND STILL HELD ITS ANNUAL MEETING IN A VIRTUAL FORMAT DESPITE PRESSURES ASSOCIATED WITH THE COVID-19 PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Delany Director | Trustee | 1 | $0 |
Winell Belfonte President | OfficerTrustee | 1 | $0 |
Sasha-Gaye Angus Secretary | OfficerTrustee | 1 | $0 |
Monica Warren Jones Immediate Past President | OfficerTrustee | 1 | $0 |
Sarah Constant Vice President | OfficerTrustee | 1 | $0 |
Derrick Perkins Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $205,625 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,841 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,009,907 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,262,373 |
| Total Program Service Revenue | $93,025 |
| Investment income | $234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,359,398 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $207,440 |
| Compensation of current officers, directors, key employees. | $26,490 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,358 |
| Pension plan accruals and contributions | $15,915 |
| Other employee benefits | $21,595 |
| Payroll taxes | $27,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,220 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,080 |
| Advertising and promotion | $329 |
| Office expenses | $11,364 |
| Information technology | $11,925 |
| Royalties | $0 |
| Occupancy | $5,530 |
| Travel | $5,198 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $282,291 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,542 |
| All other expenses | $1,172 |
| Total functional expenses | $1,070,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $860,409 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $331,980 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,192,389 |
| Accounts payable and accrued expenses | $33,447 |
| Grants payable | $0 |
| Deferred revenue | $29,750 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $63,197 |
| Net assets without donor restrictions | $899,447 |
| Net assets with donor restrictions | $229,745 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,192,389 |