National Housing Conference Inc
- Assets
- $4.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Washington, DC
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 53-0208180
Organization Overview
National Housing Conference Inc is located in Washington, DC. The organization was established in 2000. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, National Housing Conference Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Housing Conference Inc 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 12/2022, National Housing Conference Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENSURE EVERY AMERICAN HAS THE OPPORTUNITY TO LIVE IN DECENT HOUSING IN A SUITABLE NEIGHBORHOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLICY DEVELOPMENT: NHC WORKS WITH A BROAD COALITION OF HOUSING STAKEHOLDERS AND ADVOCATES AROUND A WIDE RANGE OF HOUSING ISSUES. OF NHC'S MEMBERS, NO SECTOR OF AFFORDABLE HOUSING DEVELOPMENT AND ADVOCACY REPRESENTS MORE THAN 20 PERCENT, ALLOWING FOR A DIVERSE SET OF VIEWS AND PERSPECTIVES. IN 2022, NHC HELD TWO MAJOR HOUSING CONVENINGS, SOLUTIONS FOR HOUSING COMMUNICATIONS AND SOLUTIONS FOR AFFORDABLE HOUSING, THAT DREW 404 ATTENDEES AND 568 ATTENDEES RESPECTIVELY. NHC'S ANNUAL WEBINAR SERIES FEATURED RESEARCH, POLICY CHANGES, AND BEST PRACTICES IN HOUSING AND COMMUNITY DEVELOPMENT. NHC ALSO CONVENES WORKING GROUPS TO ADDRESS KEY POLICY ISSUES INCLUDING EXPANDING BLACK HOMEOWNERSHIP AND RACIAL EQUITY, TENANT PROTECTIONS, AND HOUSING FINANCE REFORM.
RAISING NATIONAL AWARENESS: NHC BUILDS NATIONWIDE AWARENESS REGARDING THE SIGNIFICANCE OF AFFORDABLE HOUSING THROUGH VARIOUS MEANS, INCLUDING SOCIAL MEDIA, OP-ED CONTRIBUTIONS, MEDIA INTERVIEWS, AND THE PUBLICATION OF RESEARCH AND REPORTS. FURTHERMORE, NHC ORGANIZES AN ANNUAL CONVENING OF HOUSING COMMUNICATIONS LEADERS, CALLED "SOLUTIONS FOR HOUSING COMMUNICATIONS," WHICH SUCCESSFULLY ATTRACTED PROMINENT FIGURES IN THE HOUSING SECTOR IN 2022. NHC CONSISTENTLY DISSEMINATES THE "MEMBER BRIEF," A WEEKLY POLICY UPDATE BULLETIN WITH A BROAD READERSHIP OF NEARLY 6,000 SUBSCRIBERS. ADDITIONALLY, NHC IS DEDICATED TO FURTHER ADVANCING THE EXPERTISE OF HOUSING PROFESSIONALS THROUGH OUR "EMERGING LEADERS IN AFFORDABLE HOUSING."
RESEARCH: NHC'S RESEARCH DIVISION PRODUCES NHC'S HALLMARK PAYCHECK TO PAYCHECK ONLINE DATABASE WHICH WAS UPDATED THREE TIMES FOR 2022 TO INCLUDE DATA ON 147 OCCUPATIONS ACROSS 390 METRO AREAS. THE DATABASE INFORMS NHC AND OTHER DECISION MAKERS OF THE ABILITY- OR LACK THEREOF OF WORKING FAMILIES TO AFFORD TYPICAL HOUSING IN METROPOLITAN AREAS ACROSS THE COUNTRY BY COMPARING WAGE DATA AND HOUSING COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Mcculloch Chair (until 5/31/22) | OfficerTrustee | 1 | $0 |
Steve O'connor V Chair; Then Chair (trans. 6/1/22) | OfficerTrustee | 1 | $0 |
Alazne Solis Bd Mem; Then V. Chair(trans 6/1/22) | OfficerTrustee | 1 | $0 |
Angie Lathrop Treasurer | OfficerTrustee | 1 | $0 |
Ralph Perrey Secretary | OfficerTrustee | 1 | $0 |
Duane Duncan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $335,250 |
| Fundraising events | $608,075 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,154,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,097,925 |
| Total Program Service Revenue | $48,165 |
| Investment income | $284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $114,769 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$300,406 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,960,737 |
| 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. | $448,807 |
| Compensation of current officers, directors, key employees. | $103,795 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $526,686 |
| Pension plan accruals and contributions | $14,294 |
| Other employee benefits | $29,579 |
| Payroll taxes | $60,494 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,131 |
| Fees for services: Accounting | $105,697 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,264 |
| Advertising and promotion | $675 |
| Office expenses | $45,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $251,469 |
| Travel | $39,423 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $195,947 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,557 |
| Insurance | $24,216 |
| All other expenses | $0 |
| Total functional expenses | $1,903,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $533,344 |
| Savings and temporary cash investments | $626,207 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,250 |
| 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 | $20,911 |
| Net Land, buildings, and equipment | $76,161 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,680,419 |
| Total assets | $3,960,292 |
| Accounts payable and accrued expenses | $186,528 |
| Grants payable | $0 |
| Deferred revenue | $99,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,655,035 |
| Total liabilities | $2,940,563 |
| Net assets without donor restrictions | -$302,370 |
| Net assets with donor restrictions | $1,322,099 |
| 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 | $3,960,292 |