National Association Of Affordable Housing Lenders

Organization Overview

National Association Of Affordable Housing Lenders is located in Washington, DC. The organization was established in 1991. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, National Association Of Affordable Housing Lenders employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Affordable Housing Lenders is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, National Association Of Affordable Housing Lenders generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 4.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INCREASE PRIVATE CAPITAL LOANS AND INVESTMENTS IN LOW AND MODERATE INCOME COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REPRESENTS AMERICA'S LEADERS IN MOVING PRIVATE CAPITAL TO THOSE IN NEED AND IS COMMITTED TO INCREASING PRIVATE LENDING AND INVESTING IN LOW AND MODERATE INCOME COMMUNITIES.


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
Benson F Roberts
President And CEO
$365,000
Cherri Sinclair
Communications Director
$119,882
Merilyn Rovira
Chair
$0
Jack Markowski
Chair (to 2/2021)
$0
Wendy Takahisa
Second Vice Chair
$0
Cathy Niederberger
First Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$1,276,000
Investment income $10,795
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 $1,286,795

Grants Recieved

Over the last fiscal year, we have identified 1 grants that National Association Of Affordable Housing Lenders has recieved totaling $15,000.

Awarding OrganizationAmount
Massachusetts Housing Investment Corp

Boston, MA

PURPOSE: CHARITABLE CONTRIBUTION FOR GENERAL FUNDING

$15,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or