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Nht Communities

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

EIN: 311662007 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Nht Communities?

Nht Communities, also known as the National Housing Trust, is a trailblazing nonprofit organization headquartered with a blank Filer. Their unique mission revolves around housing preservation through three primary avenues: public policy advocacy, real estate development, and lending. This multifaceted approach enables them to make a significant impact on a national scale, ensuring the availability of affordable housing for communities in need.


Is Nht Communities legitimate?

Nht Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nht Communities 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: $2,305,534

For more financial information, click here


What is the mission statement of Nht Communities?
Who is the CEO of Nht Communities?
What is the revenue of Nht Communities?
Who are the executives of Nht Communities and what are their salaries?
Where can I find the form 990 for Nht Communities?

Mission Statement of Nht Communities

Nht Communities, with its unique mission, is the only national organization dedicated to housing preservation through a three-pronged approach: public policy advocacy, real estate development, and lending. It strives to ensure the stability and longevity of residential communities by influencing policy, creating and improving housing units, and providing financial resources. By doing so, Nht Communities aims to make a lasting impact on individuals and families by securing their homes and the communities they live in.

The National Housing Trust takes a comprehensive and innovative approach to addressing housing needs. It advocates for policies that protect and preserve affordable housing, ensuring that residents remain in their homes and communities. This advocacy work is critical in today's housing market, where affordability is a growing concern for many. In addition, Nht Communities engages in real estate development, transforming distressed properties into well-maintained, affordable housing units. By investing in and revitalizing existing communities, Nht Communities not only preserves housing but also creates opportunities for residents to thrive.

Furthermore, Nht Communities offers financing solutions through its lending activities. By providing loans and grants, it helps bridge the gap between affordable housing needs and available resources. This financial support plays a crucial role in preserving existing affordable housing units and creating new ones. Through its commitment to housing preservation, Nht Communities has become an essential partner in creating and maintaining sustainable, affordable housing communities for individuals and families across the country.

Impact

This information is meant to be a general summary of Nht Communities. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

NHT Communities has a significant impact on housing preservation through public policy advocacy, real estate development, and lending. Their work is crucial in ensuring the availability of affordable housing for individuals and families across the nation. By engaging in these activities, NHT Communities plays a vital role in addressing the housing crisis and promoting equitable access to safe and affordable housing for all.





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: $6,459,763
  • Program Service Revenue: $11,978,440
  • Gross Receipts: $26,933,579

    • Assets and Liabilities:
  • Total Assets: $181,646,633
  • Total Liabilities: $151,104,731
  • Net Assets: $30,541,902
  • Programs

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

    RENTAL INCOME

    Revenue

    $7,785,649

    DEVELOPER FEE

    Revenue

    $1,774,026

    PROGRAM SERVICE FEE

    Revenue

    $1,232,244

    MANAGEMENT FEE

    Revenue

    $609,894

    LOAN REVENUE

    Revenue

    $542,880

    Organization Details

    Founding Year

    1999

    Principal Officer

    Priya Jayachandran

    Main Address

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

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Nht Communities 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.