National Housing Endowment A Nonprofit Corporation
- Assets
- $31.3m
- Revenue
- $3.3m
- Investments
- $7.0m
- Employees
- 3
- Location
- Washington, DC
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 52-1510101
Organization Overview
National Housing Endowment A Nonprofit Corporation is located in Washington, DC. The organization was established in 2000. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, National Housing Endowment A Nonprofit Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Housing Endowment A Nonprofit Corporation 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 Endowment A Nonprofit Corporation generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 6.4% 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.
Since 2014, National Housing Endowment A Nonprofit Corporation has awarded 127 individual grants totaling $4,132,663. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL HOUSING ENDOWMENT, THE PHILANTHROPIC ARM OF THE NATIONAL ASSOCIATION OF HOME BUILDERS (NAHB), IS A 501(C)3 NON-PROFIT ORGANIZATION DEDICATED TO HELPING ADDRESS THE CHALLENGES OF THE HOME BUILDING INDUSTRY, ENHANCING EDUCATION AND TRAINING FOR FUTURE GENERATIONS OF LEADERS IN RESIDENTIAL CONSTRUCTION, AND INCREASING THE BODY OF KNOWLEDGE ON HOUSING ISSUES. IT DOES SO BY SUPPORTING INNOVATIVE AND EFFECTIVE PROGRAMS THAT FURTHER EDUCATION, TRAINING, RESEARCH AND WORKFORCE DEVELOPMENT IN THE RESIDENTIAL CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SUPPORT EDUCATION, RESEARCH, MANPOWER TRAINING, AND RECRUITMENT OF THE BEST AND BRIGHTEST STUDENTS FOR THE HOUSING INDUSTRY.- SKILLED LABOR FUND MATCHING FUNDS: PROVIDING MATCHING FUNDS FOR CORPORATE CONTRIBUTIONS- IBS STUDENT TRAVEL SCHOLARSHIPS: FINANCIAL ASSISTANCE FOR STUDENT TRAVEL TO BUILDERS SHOW- NAHB STUDENT CHAPTER NETWORKING: SUPPORT STUDENT NETWORKING EVENTS AT BUILDERS SHOW- NAHB SAFETY VIDEOS: FINANCIAL ASSISTANCE FOR DEVELOPMENT OF JOBSITE SAFETY VIDEOS BY NAHB- PROFESSOR (HELP) SYMPOSIUM: SUPPORT OF UNIVERSITY FACULTY TRAVEL TO WASHINGTON DC TO MEET WITH NAHB DEPARTMENTS- HARVARD STATE OF THE NATION'S HOUSING REPORT: SUPPORT OF ANNUAL REPORT ON THE STATE OF AMERICAN HOUSING.- STUDENT SYMPOSIUM: SUPPORT OF UNIVERSITY STUDENTS TRAVEL TO WASHINGTON DC TO MEET WITH NAHB DEPARTMENTS- ACCE SUPPORT: FUNDING OF A SCHOLARSHIP MANAGED BY THE AMERICAN COUNCIL FOR CONSTRUCTION EDUCATION- HERB KOHLER LEADERSHIP AWARD: AWARD FOR THE OUTSTANDING LEADER FROM NAHB STUDENT CHAPTERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Pursell President & CEO | Officer | 40 | $252,624 |
Robert Camp Treasurer | OfficerTrustee | 0.1 | $0 |
Al Scott Chair Elect | OfficerTrustee | 0.1 | $0 |
Ted Mahoney Chair | OfficerTrustee | 0.1 | $0 |
Patsy Smith Secretary, Life Trustee | OfficerTrustee | 0.1 | $0 |
Rick Judson Immediate Past Chair | OfficerTrustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $114,348 |
| Government grants | $121,393 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,767 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $402,508 |
| Total Program Service Revenue | $0 |
| Investment income | $1,011,457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,926,058 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,340,023 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $477,019 |
| Grants and other assistance to domestic individuals. | $155,839 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $305,420 |
| Compensation of current officers, directors, key employees. | $166,852 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,361 |
| Pension plan accruals and contributions | $3,286 |
| Other employee benefits | $25,802 |
| Payroll taxes | $25,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $106,137 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $39,330 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,486 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,240 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,266,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $510,188 |
| Savings and temporary cash investments | $1,496,318 |
| Pledges and grants receivable | $251,414 |
| Accounts receivable, net | $3,500 |
| 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 | $21,758,874 |
| Investments—other securities | $7,044,784 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $250,000 |
| Total assets | $31,315,078 |
| Accounts payable and accrued expenses | $83,034 |
| Grants payable | $318,033 |
| 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 | $15,761 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $416,828 |
| Net assets without donor restrictions | $22,291,702 |
| Net assets with donor restrictions | $8,606,548 |
| 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 | $31,315,078 |
Grants Awarded
Over the last fiscal year, National Housing Endowment A Nonprofit Corporation has awarded $471,019 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: EDUCATION & TRAINING | $142,500 |
Washington, DC PURPOSE: EDUCATION | $94,000 |
KIRKWOOD COMMUNITY COLLEGE PURPOSE: EDUCATION | $30,000 |
Denver, CO PURPOSE: EDUCATION | $25,000 |
UNIVERSITY OF OKLAHOMA PURPOSE: EDUCATION | $22,900 |
East Lansing, MI PURPOSE: EDUCATION | $20,314 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National Housing Endowment A Nonprofit Corporation has recieved totaling $17,510.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $17,464 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hudson Institute Inc Washington, DC | $103,422,402 | $23,200,201 |
National Multifamily Housing Council Washington, DC | $15,861,846 | $14,556,051 |
National Council Of State Housing Agencies Washington, DC | $16,728,436 | $4,863,246 |
Arda Resort Owners Coalition Washington, DC | $8,056,340 | $3,424,465 |
Home Building Association Of Richmond Richmond, VA | $4,565,404 | $1,552,331 |
National Housing Endowment A Nonprofit Corporation Washington, DC | $31,315,078 | $3,340,023 |
Coalition For Housing Opportunities Inc Winchester, VA | $1,363,729 | $1,242,858 |
The Affordable Housing Tax Credit Coalition Wahington, DC | $1,568,164 | $1,292,671 |
People For Better Housing Inc Federalsburg, MD | $2,677,151 | $843,041 |
Northern Virginia Affordable Housing Alliance Alexandria, VA | $100,356 | $231,820 |
Transpire Inc Washington, DC | $37,288 | $0 |
Virginia Housing And Community Development Corporation Suffolk, VA | $398,875 | $0 |