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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Benson F Roberts President And CEO | OfficerTrustee | 35 | $365,000 |
Cherri Sinclair Communications Director | 30 | $119,882 | |
Merilyn Rovira Chair | OfficerTrustee | 3 | $0 |
Jack Markowski Chair (to 2/2021) | OfficerTrustee | 1 | $0 |
Wendy Takahisa Second Vice Chair | OfficerTrustee | 1 | $0 |
Cathy Niederberger First Vice Chair | OfficerTrustee | 1 | $0 |
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 |
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. | $436,738 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $146,397 |
Pension plan accruals and contributions | $15,190 |
Other employee benefits | $28,366 |
Payroll taxes | $30,397 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $62,141 |
Fees for services: Lobbying | $175,450 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,886 |
Advertising and promotion | $0 |
Office expenses | $9,308 |
Information technology | $16,763 |
Royalties | $0 |
Occupancy | $65,585 |
Travel | $6,238 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $32,651 |
Interest | $157 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,746 |
Insurance | $5,857 |
All other expenses | $7,921 |
Total functional expenses | $1,069,126 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,235,084 |
Savings and temporary cash investments | $1,502,334 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,500 |
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 | $36,885 |
Net Land, buildings, and equipment | $4,793 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $25,518 |
Total assets | $2,812,114 |
Accounts payable and accrued expenses | $151,172 |
Grants payable | $0 |
Deferred revenue | $688,000 |
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 | $2,703 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $55,900 |
Total liabilities | $897,775 |
Net assets without donor restrictions | $1,914,339 |
Net assets with donor restrictions | $0 |
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 | $2,812,114 |
Over the last fiscal year, we have identified 1 grants that National Association Of Affordable Housing Lenders has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Massachusetts Housing Investment Corp Boston, MA PURPOSE: CHARITABLE CONTRIBUTION FOR GENERAL FUNDING | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Leadingage Inc Washington, DC | $34,986,280 | $17,783,069 |
National Housing Center Corp Washington, DC | $55,551,825 | $8,807,162 |
National American Indian Housing Council Washington, DC | $5,348,139 | $3,809,714 |
National Association Of Residential Property Managers Chesapeake, VA | $7,197,610 | $3,141,683 |
Public Housing Authorities Directors Association Washington Dc, DC | $6,101,461 | $2,791,595 |
Association Of Foreign Investors In Real Estate Washington, DC | $2,165,663 | $2,052,109 |
Stewards Of Affordable Housing For The Future Washington, DC | $4,750,399 | $3,265,921 |
Nahma Inc Alexandria, VA | $1,371,765 | $1,737,919 |
National Housing Rehabilitation Association Washington, DC | $1,764,260 | $1,317,747 |
National Association Of Affordable Housing Lenders Washington, DC | $2,812,114 | $1,286,795 |
Home Builders Association Of Virginia Richmond, VA | $2,262,595 | $1,140,915 |
Dulles Area Association Of Realtors Ashburn, VA | $1,053,649 | $713,181 |