National Affordable Housing Network Incorporated
- Assets
- $3.3m
- Revenue
- $888.0k
- Investments
- $0.0
- Employees
- 12
- Location
- Butte, MT
- Founding
- 03/1995
- Data as of
- 09/2023
- EIN
- 81-0493044
Organization Overview
National Affordable Housing Network Incorporated is located in Butte, MT. The organization was established in 1995. 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 09/2023, National Affordable Housing Network Incorporated employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Affordable Housing Network Incorporated 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 09/2023, National Affordable Housing Network Incorporated generated $888.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $454.5k during the year ending 09/2023. While expenses have increased by 3.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL AFFORDABLE HOUSING NETWORK IS A GRASS-ROOTS, NON-PROFIT COMMUNITY DEVELOPMENT ORGANIZATION THAT OPERATES IN SOUTHWEST MONTANA AND PROVIDES TECHNICAL SUPPORT FOR OWNER-BUILDERS AND SELF-HELP HOME BUILDERS TO REBUILD THEIR COMMUNITIES WHILE BUILDING EQUITY FOR FAMILIES AND CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING DESIGN AND TECHNICAL SUPPORT FOR LOW INCOME HOUSING CONSTRUCTION. THE ORGANIZATION HAS WORKED WITH GROUPS IN NINE STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Miller Executive Dir. | Officer | 40 | $33,150 |
Meg Knox Chairman | OfficerTrustee | 2 | $0 |
George Everett Vice President | OfficerTrustee | 2 | $0 |
Debbie Best Treasurer | OfficerTrustee | 2 | $0 |
Mike Robins Director | Trustee | 1 | $0 |
Daniel Hagan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $555,131 |
| All other contributions, gifts, grants, and similar amounts not included above | $227,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $782,756 |
| Total Program Service Revenue | $0 |
| Investment income | $933 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,650 |
| 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 | $91,513 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $887,954 |
| 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. | $36,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $201,273 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,984 |
| Payroll taxes | $26,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $482 |
| Fees for services: Accounting | $21,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,520 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $211 |
| Travel | $11,260 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,234 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,723 |
| Insurance | $2,121 |
| All other expenses | $14,024 |
| Total functional expenses | $454,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $470,256 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,066 |
| Accounts receivable, net | $2,662 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $727,922 |
| Inventories for sale or use | $516,267 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $960,829 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $622,899 |
| Total assets | $3,326,901 |
| Accounts payable and accrued expenses | $342,436 |
| Grants payable | $0 |
| Deferred revenue | $82,990 |
| 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 | $1,591,739 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $888,145 |
| Total liabilities | $2,905,310 |
| Net assets without donor restrictions | $421,591 |
| 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 | $3,326,901 |