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National Housing Trust Community Development Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311539762 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is National Housing Trust Community Development Fund?

National Housing Trust Community Development Fund is a nonprofit organization headquartered in Washington, D.C., specifically at 1101 30th Street NW 100A. Their primary objective is to promote and ensure the availability of affordable housing for low-income individuals. They achieve this by making loans or investments to non-profits and other organizations that share the same mission. These funds are utilized to preserve and maintain existing low-income housing projects in targeted urban and rural areas, thereby providing decent, safe, and affordable living spaces for low-income families for the long term. This nonprofit plays a significant role in community development by fostering sustainable housing solutions.


Official website here: www.nhtinc.org

Is National Housing Trust Community Development Fund legitimate?

National Housing Trust Community Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Housing Trust Community Development Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nhtinc.org

What is the mission statement of National Housing Trust Community Development Fund?

The National Housing Trust Community Development Fund's mission is centered around promoting community development and ensuring affordable housing for low-income individuals and families. This is achieved through the provision of loans or investments to preserve and maintain existing low-income housing projects, primarily in urban and rural areas. The goal is to provide decent, safe, and affordable housing for these communities on a long-term basis, ensuring their continued use for low-income residents. The fund makes loans to non-profit organizations and other entities whose primary objective is to foster the development and accessibility of affordable housing for low-income populations.


Official website here: www.nhtinc.org

Who is the CEO of National Housing Trust Community Development Fund?

Priya Jayachandran is the President of National Housing Trust Community Development Fund.


Official website here: www.nhtinc.org

What is the revenue of National Housing Trust Community Development Fund?

National Housing Trust Community Development Fund's revenue in 2022 was $5,015,355.


Official website here: www.nhtinc.org

Who are the executives of National Housing Trust Community Development Fund and what are their salaries?

Here are 18 key members and their salaries:

    Priya Jayachandran (President) [Trustee/Director]
  • Compensation: $288,335
  • Related: $0
  • Other: $66,711

    • Josh Earn (Vice President)
  • Compensation: $170,537
  • Related: $0
  • Other: $45,033

    • Richard Bragunier (Treasurer)
  • Compensation: $115,113
  • Related: $0
  • Other: $12,084

    • Alice Hamilton Evert (Assistant Secretary/Secretary)
  • Compensation: $86,091
  • Related: $0
  • Other: $25,251

    • Nicole Meyer (Assistant Secretary)
  • Compensation: $72,799
  • Related: $0
  • Other: $20,661

    • Klade Hare (Secretary)
  • Compensation: $54,979
  • Related: $0
  • Other: $16,660

    • Angela Bruno (Treasurer)
  • Compensation: $60,366
  • Related: $0
  • Other: $9,997

    • Steven Spears (Treasurer)
  • Compensation: $37,500
  • Related: $0
  • Other: $0

    • Dan Ehrenberg (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brett Macleod (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vince Toye (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Maneval (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leila Finucane (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Glass (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marla Bilonick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Grzywinski (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chrystal Kornegay (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sal Steven-Hubbard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nhtinc.org

    Where can I find the form 990 for National Housing Trust Community Development Fund?

    The National Housing Trust Community Development Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nhtinc.org

    Learn more at the official website: www.nhtinc.org

    Mission Statement of National Housing Trust Community Development Fund

    The National Housing Trust Community Development Fund is dedicated to promoting community development and providing affordable housing for low-income individuals and families. Their mission is achieved through the provision of loans or investments to preserve and maintain existing low-income housing projects in targeted urban and rural areas. The main objective is to ensure that these projects remain habitable for long-term, low-income use. By extending financial support to non-profits and other organizations with a mission to promote the development and availability of affordable housing, the National Housing Trust Community Development Fund aims to contribute to a decent, safe, and affordable living environment for vulnerable communities.

    Impact

    This information is meant to be a general summary of National Housing Trust Community Development Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The National Housing Trust Community Development Fund's impact is significant in promoting community development and affordable housing for low-income individuals and families. By providing loans and investments to preserve and maintain existing low-income housing projects, the organization helps ensure decent, safe, and affordable housing for those in need. Through its focus on targeted urban and rural areas, the National Housing Trust Community Development Fund plays a vital role in supporting long-term, low-income housing solutions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $71,488
  • Program Service Revenue: $2,078,955
  • Gross Receipts: $5,019,041

    • Assets and Liabilities:
  • Total Assets: $62,900,915
  • Total Liabilities: $40,908,508
  • Net Assets: $21,992,407
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM INTEREST

    Revenue

    $1,718,530

    OTHER LOAN FEES

    Revenue

    $245,311

    LOAN ORGINATION FEE

    Revenue

    $109,737

    OTHER INCOME

    Revenue

    $5,377

    Organization Details

    Founding Year

    1997

    Principal Officer

    Priya Jayachandran

    Main Address

    1101 30TH STREET NW 100A, WASHINGTON, DC, 200073708

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of National Housing Trust Community Development Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.