National Housing Trust
- Assets
- $7.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 41
- Location
- Washington, DC
- Founding
- 12/1986
- Data as of
- 12/2021
- EIN
- 52-1477599
Organization Overview
National Housing Trust is located in Washington, DC. The organization was established in 1986. 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 12/2021, National Housing Trust employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Housing Trust 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 12/2021, National Housing Trust generated $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENERGY EFFICIENCY: THE NATIONAL HOUSING TRUST IS COMMITTED TO PROMOTING ENERGY EFFICIENCY AND SUSTAINABILITY FOR LOW-INCOME RESIDENTS ACROSS THE COUNTRY. NHT'S UNIQUE APPROACH TO ENERGY EFFICIENCY INCLUDES POLICY ADVOCACY, GREEN LENDING, RENEWABLE ENERGY, AND SUSTAINABLE DEVELOPMENT. IN COMBINATION, THESE STRATEGIES RESULT IN HEALTHIER PLACES FOR LOW-INCOME RESIDENTS TO LIVE, REDUCE OPERATIONAL COSTS, AND RESULT IN RESIDENT SAVINGS AND A CLEANER ENVIRONMENT.
ACCESS TO OPPORTUNITY: THE NATIONAL HOUSING TRUST BELIEVES IN A BALANCED APPROACH TO FAIR HOUSING, WHICH PROMOTES ACCESS TO HIGH OPPORTUNITY COMMUNITIES THROUGH MOBILITY, WHILE ENSURING THAT RESIDENTS WHO REMAIN IN NEIGHBORHOODS CURRENTLY EXPERIENCING DISTRESS AND CONCENTRATED POVERTY HAVE ACCESS TO HOUSING RESOURCES AND INVESTMENTS THAT IMPROVE THEIR HOUSING. THIS APPROACH ALLOWS FOR AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION IN A VARIETY OF AREAS, WHILE ENSURING THAT RESIDENTS HAVE THE RIGHT TO CHOOSE WHERE THEY LIVE. FOR NHT, OPPORTUNITY MEANS GIVING FAMILIES AND ELDERLY RESIDENTS A CHOICE THAT IS BEST FOR THEM. CHOICE MEANS BOTH IMPROVING THE QUALITY OF LIFE FOR RESIDENTS OF LOW-INCOME COMMUNITIES AS WELL AS SUPPORTING MOBILITY TO "HIGH OPPORTUNITY" NEIGHBORHOODS.
SEE SCHEDULE O
THE TRUST PROVIDES ASSISTANCE TO GOVERNMENT AGENCIES AND CONGRESSIONAL COMMITTEES AND STAFF IN CONNECTION WITH FEDERAL LEGISLATION AFFECTING THE EXISTING SUPPLY OF AFFORDABLE HOUSING. THE TRUST PROVIDES TECHNICAL ASSISTANCE ON A PRO BONO BASIS TO NON-PROFITS, GOVERNMENT AGENCIES, AND TENANT ASSOCIATIONS SEEKING TO PRESERVE AFFORDABLE LOW-INCOME HOUSING IN A NUMBER OF STATES. IN 8 STATES, THE TRUST ENGAGED UTILITIES, HOUSING FINANCE AGENCIES AND NONPROFIT HOUSING DEVELOPERS TO RECOMMEND THAT UTILITIES PROVIDE A FAIR SHARE OF UTILITY PROGRAM ENERGY RETROFIT FUNDING FOR AFFORDABLE HOUSING OCCUPIED BY LOW INCOME RENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Priya Jayachandran President | Officer | 18.8 | $282,238 |
Angela Bruno Vice President And Treasurer | Officer | 16.8 | $224,775 |
Tracy Kaufman Secretary | Officer | 19.2 | $211,407 |
Kevin White Secretary | Officer | 20 | $187,337 |
Mark Hunter Controller | 40 | $145,920 | |
Ed Paul Sr. Director Of Real Estat | 40 | $145,663 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,198,664 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,198,664 |
| Total Program Service Revenue | $163,779 |
| Investment income | $77,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $750 |
| Net Gain/Loss on Asset Sales | $89,093 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,531,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,075 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,685,536 |
| Pension plan accruals and contributions | $35,381 |
| Other employee benefits | $17,365 |
| Payroll taxes | $138,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,215 |
| Fees for services: Accounting | $43,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,946 |
| Advertising and promotion | $229 |
| Office expenses | $87,937 |
| Information technology | $20,818 |
| Royalties | $0 |
| Occupancy | $209,373 |
| Travel | $15,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,850 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $409 |
| Insurance | $26,124 |
| All other expenses | $0 |
| Total functional expenses | $2,544,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,216,996 |
| Savings and temporary cash investments | $2,778,741 |
| Pledges and grants receivable | $147,500 |
| Accounts receivable, net | $672,790 |
| 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 | $106,177 |
| Net Land, buildings, and equipment | $61 |
| Investments—publicly traded securities | $901,353 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $236,793 |
| Total assets | $7,060,411 |
| Accounts payable and accrued expenses | $114,152 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $301,829 |
| Total liabilities | $415,981 |
| Net assets without donor restrictions | $6,628,294 |
| Net assets with donor restrictions | $16,136 |
| 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 | $7,060,411 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that National Housing Trust has recieved totaling $845,934.
| Awarding Organization | Amount |
|---|---|
The Jpb Foundation New York, NY PURPOSE: ENERGY EFFICIENCY FOR ALL | $450,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO PROMOTE EDUCATION AND ANALYSIS TO ADVANCE ENERGY OPTIMIZATION. | $210,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Housing and Transportation | $100,000 |
The Housing Partnership Network Inc Boston, MA PURPOSE: RESIDENT SERVICES SUPPORT, COUNSELING OUTREACH & INCENTIVES | $45,900 |
National Housing Trust Community Development Fund Washington, DC PURPOSE: GENERAL SUPPORT | $25,000 |
Sierra Club Oakland, CA PURPOSE: ENVIRONMENTAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Montgomery Housing Partnership Inc Silver Spring, MD | $117,127,971 | $17,924,784 |
Enterprise Community Loan Fund Inc Columbia, MD | $332,804,742 | $25,996,753 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |
Alexandria Housing Development Corporation Alexandria, VA | $129,711,642 | $8,689,601 |
National Lutheran Inc Frederick, MD | $5,736,572 | $7,111,650 |
Transitional Housing Corporation Washington, DC | $11,247,775 | $11,673,050 |
Virginia Supportive Housing Richmond, VA | $30,778,021 | $11,444,363 |
Redwood Housing Inc North Bethesda, MD | $20,814,666 | $9,748,902 |
Habitat For Humanity Of The Chesapeake Inc Baltimore, MD | $24,324,066 | $8,169,233 |
Our Lady Of Peace Inc Roanoke, VA | $13,777,109 | $11,564,075 |
Chisom Housing Group Washington, DC | $40,133,226 | $15,487,472 |