Overview
What is National Association Of Affordable Housing Lenders?
The National Association of Affordable Housing Lenders (NAAHL) is a distinguished nonprofit organization situated in Washington D.C. Its primary objective is to stimulate private capital lending and investments in low-income communities. The association serves as a crucial bridge between private capital providers and those in need, aiming to expand economic opportunities through responsible financing for affordable housing and neighborhood revitalization. NAAHL's core activities revolve around championing, supporting, and promoting the deployment of private capital for affordable housing and inclusive neighborhood revitalization. The organization recognizes the interconnectedness of rental housing, homeownership, and neighborhoods in both practice and policy, and plays a significant role in this field. With a dedicated workforce of three individuals, NAAHL is dedicated to contributing positively to affordable housing and neighborhood development.
Official website here: www.naahl.org
Is National Association Of Affordable Housing Lenders legitimate?
National Association Of Affordable Housing Lenders is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Affordable Housing Lenders 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $502,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,739
For more financial information, click here
Official website here: www.naahl.org
What is the mission statement of National Association Of Affordable Housing Lenders?
The National Association of Affordable Housing Lenders (NAAHL) aims to expand economic opportunities by promoting responsible private financing for affordable housing and inclusive neighborhood revitalization. Their core business involves championing, supporting, and advancing the deployment of private capital for these purposes. Recognizing the interconnectedness of rental housing, homeownership, and neighborhoods, NAAHL brings together various capital providers to facilitate affordable housing and neighborhood revitalization projects. As the only national association dedicated to this cause, NAAHL plays a significant role in fostering affordable housing and inclusive community development.
Official website here: www.naahl.org
Who is the CEO of National Association Of Affordable Housing Lenders?
Benson F Roberts is the President And Ceo of National Association Of Affordable Housing Lenders. The CEO's salary of National Association Of Affordable Housing Lenders is $423,000 and their total compensation is $502,933.
Official website here: www.naahl.org
What is the revenue of National Association Of Affordable Housing Lenders?
National Association Of Affordable Housing Lenders's revenue in 2022 was $1,418,018.
Official website here: www.naahl.org
Who are the executives of National Association Of Affordable Housing Lenders and what are their salaries?
The average compensation at National Association Of Affordable Housing Lenders during 2022 was $231,891. There are 3 employees and 38 volunteers at National Association Of Affordable Housing Lenders.
Here are 41 key members and their salaries (National Association Of Affordable Housing Lenders's CEO's salary is $423,000 and their total compensation is $502,933):
- Compensation: $423,000
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- Other: $79,933
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Official website here: www.naahl.org
Where can I find the form 990 for National Association Of Affordable Housing Lenders?
National Association Of Affordable Housing Lenders's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naahl.org
Learn more at the official website: www.naahl.org
Mission Statement of National Association Of Affordable Housing Lenders
The National Association of Affordable Housing Lenders (NAAHL) is dedicated to expanding economic opportunities in low and moderate income communities by increasing private capital loans and investments. Their mission is twofold: firstly, they champion, support, and advance the deployment of private capital for affordable housing and inclusive neighborhood revitalization. Secondly, they recognize the interconnectedness of rental housing, homeownership, and neighborhoods in both practice and policy, and strive to promote responsible financing in these areas. By bringing together banks, Community Development Financial Institutions (CDFIs), and other capital providers for affordable housing and inclusive neighborhood revitalization, NAAHL plays a crucial role in fostering sustainable and inclusive communities.
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Impact
October, 2024
The National Association of Affordable Housing Lenders plays a vital role in enhancing economic opportunities within low and moderate-income communities. By focusing on increasing private capital loans and investments, the organization supports responsible financing for affordable housing and community revitalization efforts.
With a mission to champion the deployment of private capital, NAAHL facilitates collaborations between banks, Community Development Financial Institutions (CDFIs), and other financial entities. This unique coalition works towards ensuring that rental housing and homeownership intersect effectively, resulting in comprehensive policy and practice solutions.
By advancing the cause of affordable housing, NAAHL not only fosters inclusive neighborhood development but also strengthens the fabric of communities across the nation. Their advocacy and support empower residents, increase investment in underserved areas, and promote sustainable economic growth.
This information is meant to be a general summary of National Association Of Affordable Housing Lenders. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,876
- Program Service Revenue: $1,397,142
- Gross Receipts: $1,418,018
Assets and Liabilities:
- Total Assets: $3,133,686
- Total Liabilities: $1,143,780
- Net Assets: $1,989,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$1,299,000
CONFERENCE FEES
Revenue
$98,142
Organization Details
Founding Year
1991
Phone
(202) 293-9850Principal Officer
Benson F Roberts
Main Address
1025 CONNECTICUT AVENUE NW 710, WASHINGTON, DC, 20036
Website
www.naahl.orgNTEE Category
Code: S41 - Community improvement
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