Nhp Foundation

Organization Overview

Nhp Foundation is located in New York, NY. The organization was established in 1990. 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, Nhp Foundation employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nhp Foundation 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, Nhp Foundation generated $98.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $77.1m during the year ending 12/2021. While expenses have increased by 27.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE NHP FOUNDATION IS A NONPROFIT DEDICATED TO MAKING INVESTMENTS TO PRESERVE & CREATE AFFORDABLE MULTIFAMILY HOUSING FOR LOW-TO-MODERATE INCOME FAMILIES & SENIORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NHP FOUNDATION IS A NONPROFIT ORGANIZATION DEDICATED TO MAKING INVESTMENTS THAT PRESERVE AND CREATE AFFORDABLE MULTIFAMILY HOUSING FOR LOW-TO-MODERATE-INCOME FAMILIES AND SENIORS. THE FOUNDATION ALSO PROVIDES A COMPREHENSIVE ARRAY OF PROGRAMS AND SERVICES TO ENHANCE THE QUALITY OF LIFE FOR ITS RESIDENTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Richard F Burns
CEO & Board Member
$700,000
Stephen Green
Evp & Cio
$465,000
Eric Price
Senior VP
$300,000
Joseph P Wiedorfer
Senior VP
$280,000
Mecky Adnani
Svp, Acquisitions
$280,000
Jamie Smarr
Svp, Affiliate/acquisitions
$279,999

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Baker Tilly Virchow Krause Llp
Consulting Services
$275,000
Mri Software Llc
Property Data Services
$317,487
Orix Real Estate Capital Llc
Mortgage Lender
$255,207
Catherine Fennell
Consulting Services
$227,625
Rackleff Llp
Legal Services
$218,836
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$621,901
Government grants $948,883
All other contributions, gifts, grants, and similar amounts not included above$69,526,521
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$71,097,305
Total Program Service Revenue$27,491,811
Investment income $25,867
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 $98,614,983

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Nhp Foundation has recieved totaling $13,723,394.

Awarding OrganizationAmount
C-Hp Cove Inc

New York, NY

PURPOSE: LOW INCOME HOUSING

$8,919,380
Nonprofit Housing Preservations Sb Inc

Riviera Beach, FL

PURPOSE: LOW INCOME HOUSING

$2,903,790
Corporation For Supportive Housing

New York, NY

PURPOSE: FINANCIAL ASSISTANCE

$1,497,500
The Harry & Jeanette Weinberg Foundation Inc

Owings Mills, MD

PURPOSE: TO SUPPORT THE RENOVATION OF ALEXANDER HOUSE, A 95-UNIT OLDER ADULT AFFORDABLE HOUSING BUILDING BUILT IN 1928 IN HAGERSTOWN, MD, WHICH WILL SUPPORT THE EXPANSION OF OPERATION PATHWAYS SYSTEM OF SERVICES AND SUPPORTS.

$250,000
Nonprofit Housing Preservation Pi Inc

Riviera Beach, FL

PURPOSE: LOW INCOME HOUSING

$77,805
Organization Name not Listed

PURPOSE: LOW INCOME HOUSING

|

$66,669
View Grant Recipient Profile

Create an account to unlock the data you need.

or