Overview
What is National Housing Center Corporation?
National Housing Center Corporation is a nonprofit organization situated in Washington, D.C. Its primary role is to manage and generate income from non-residential rental real estate properties on behalf of the National Association of Home Builders of the United States. Specifically, the organization holds the title to the land and building used by this association in Washington, D.C., and collects rental payments from tenants. This partnership between the National Housing Center Corporation and the National Association of Home Builders allows for the effective utilization of real estate resources.
Is National Housing Center Corporation legitimate?
National Housing Center Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. National Housing Center Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of National Housing Center Corporation?
The National Housing Center Corporation serves a specific role, acting as a trustee for the National Association of Home Builders of the United States. Its primary function is to manage and monetize real estate properties on their behalf. Particularly, the organization holds title to the land and building utilized by the association in Washington D.C., collecting rent payments as necessary. In essence, the National Housing Center Corporation oversees and manages non-residential rental real estate properties for the National Association of Home Builders, ensuring a steady income stream.
Who is the CEO of National Housing Center Corporation?
James Tobin is the Principal Officer of National Housing Center Corporation.
What is the revenue of National Housing Center Corporation?
National Housing Center Corporation's revenue in 2022 was $8,377,419.
Who are the executives of National Housing Center Corporation and what are their salaries?
There 5 volunteers at National Housing Center Corporation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $47,830
- Other: $0
- Compensation: $0
- Related: $41,121
- Other: $0
- Compensation: $0
- Related: $34,226
- Other: $0
- Compensation: $0
- Related: $29,614
- Other: $0
- Compensation: $0
- Related: $25,968
- Other: $0
- Compensation: $0
- Related: $1,774,140
- Other: $56,140
- Compensation: $0
- Related: $575,357
- Other: $58,977
- Compensation: $0
- Related: $502,687
- Other: $59,312
Where can I find the form 990 for National Housing Center Corporation?
National Housing Center Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Housing Center Corporation
The National Housing Center Corporation serves a unique role in supporting the National Association of Home Builders of the United States. Its mission is primarily centered around holding title to the land and managing the non-residential rental real estate property that the association utilizes in Washington, D.C. In essence, this organization collects rent payments and oversees the maintenance and management of these properties on behalf of the National Association of Home Builders. By doing so, the National Housing Center Corporation contributes to the operational stability and financial well-being of the association, ensuring they have a suitable workspace in the nation's capital. This function allows the National Association of Home Builders to focus on their core mission of promoting and advocating for the home building industry without the additional burden of property management.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The National Housing Center Corporation plays a pivotal role in supporting the National Association of Home Builders (NAHB) by managing and optimizing real estate assets. This organization holds title to the land and building utilized by the NAHB in Washington, DC, allowing for operational stability and a centralized hub for housing industry activities.
By collecting rent payments and managing nonresidential rental properties, the National Housing Center Corporation generates income that is crucial for the NAHB's initiatives. This income supports a range of programs and advocacy efforts, ultimately contributing to community improvement and the enhancement of the housing sector. The Center's activities thus have a broader impact on the housing market, fostering growth and stability within the industry. Through these efforts, it facilitates continued advancement in housing standards and policies, benefiting both builders and consumers alike.
This information is meant to be a general summary of National Housing Center Corporation. 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: $163
- Program Service Revenue: $8,045,337
- Gross Receipts: $8,377,419
Assets and Liabilities:
- Total Assets: $56,824,292
- Total Liabilities: $18,508,816
- Net Assets: $38,315,476
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$8,031,591
PROPERTY TAX REIMBURSEMENT
Revenue
$13,746
Organization Details
Founding Year
1941
Phone
(202) 820-0200Principal Officer
James Tobin
Main Address
1201 15TH STREET NW, WASHINGTON, DC, 20005
NTEE Category
Code: S47 - Community improvement
If you are a representative of National Housing Center Corporation 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.