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NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC (EIN 52-1665967)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202413209349318836
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T14:53:13-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN471767422PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TOOLE KATZ & ROEMERSMA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11911 N FORT MYER DRIVE SUITE 600AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22209ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521665967EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL FOUNDATION FOR AFFORDABLEBusinessNameLine1Txt
Business Name Line2HOUSING SOLUTIONS INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone3019980400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111810 GRAND PARK AVENUE SUITE 600AddressLine1Txt
CityNORTH BETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20852ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTODD TRAVISPersonNm
Person TitleMANAGING MEMBERPersonTitleTxt
Phone3019980400PhoneNum
Signature2024-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW ABERNETHYPreparerPersonNm
PTINP10527388PTIN
Phone7032489200PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION HOUSINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerTODD TRAVISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111810 GRAND PARK AVENUE 600AddressLine1Txt
CityNORTH BETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20852ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$39,815,929GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://FOUNDATIONHOUSING.COM/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION IS DEDICATED TO PRESERVING THE NATION'S EXISTING ASSISTED RENTAL HOUSING STOCK AND IS COMMITTED TO PROVIDING THE UNDERSERVED POPULATION WITH SOLUTIONS AND BETTER ACCESS TO DECENT, SAFE AND WELL-MANAGED AFFORDABLE HOUSING AND COMMUNITY PROGRAMS AND SERVICES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee14TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$72,340,809PYProgramServiceRevenueAmt
CY Program Service Revenue$39,815,929CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$72,340,809PYTotalRevenueAmt
CY Total Revenue$39,815,929CYTotalRevenueAmt
PY Grants And Similar Paid$244,131PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$368,060CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,699,080PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,415,706CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,716,542PYOtherExpensesAmt
CY Other Expenses$7,836,177CYOtherExpensesAmt
PY Total Expenses$13,659,753PYTotalExpensesAmt
CY Total Expenses$11,619,943CYTotalExpensesAmt
PY Revenues Less Expenses$58,681,056PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$28,195,986CYRevenuesLessExpensesAmt
Total Assets BOY$310,474,052TotalAssetsBOYAmt
Total Assets EOY$272,168,973TotalAssetsEOYAmt
Total Liabilities BOY$69,543,278TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,042,213TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$240,930,774NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$269,126,760NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE FOUNDATION IS DEDICATED TO PRESERVING THE NATION'S EXISTING ASSISTED RENTAL HOUSING STOCK AND IS COMMITTED TO PROVIDING THE UNDERSERVED POPULATION WITH SOLUTIONS AND BETTER ACCESS TO DECENT, SAFE AND WELL-MANAGED AFFORDABLE HOUSING AND COMMUNITY PROGRAMS AND SERVICES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$10,978,617ExpenseAmt
Grant$368,060GrantAmt
Revenue$7,432,672RevenueAmt
DescTHE EO RESEARCHES VARIOUS APPROACHES TO PRESERVE OUR NATION'S SUPPLY OF ADEQUATE AFFORDABLE HOUSING. IT SPEAKS AND DEALS WITH INDUSTRY LEADERS, CREATES FINANCIAL MODELS AND PREPARES VARIOUS POSITION REMARKS. IT ALSO FACILITATES NON-PROFIT OWNERSHIP OF AFFORDABLE HOUSING. IN ADDITION, IT CREATES 509(A)(3) ORGANIZATIONS THAT ACQUIRE AFFORDABLE LOW-INCOME HOUSING.Desc
Total Program Service Expenses$10,978,617TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee14EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TODD TRAVISBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3019980401PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111810 GRAND PARK AVENUE SUITE 600AddressLine1Txt
CityNORTH BETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20852ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeInd
GREGORY O'DELL
DIRECTOR1.00Yes (X)$31,500$0$0
BERNARD BEAL
DIRECTOR1.00Yes (X)$31,500$0$0
MARK WELLER
DIRECTOR1.00Yes (X)$28,000$0$0
JASON GOLDBLATT
CEO AND CHAIRMAN40.00Yes (X)$393,450$0$0Yes (X)
JON SHIFFMAN
DIRECTOR1.00Yes (X)$28,000$0$0
BENJAMIN M SOTO
DIRECTOR1.00Yes (X)$31,500$0$0
CANDACE HERRING
DIRECTOR1.00Yes (X)$28,000$0$0
GILEAD MORSE
DIRECTOR1.00Yes (X)$31,500$0$0
TODD TRAVIS
PRESIDENT AND COO40.00$311,500$0$0Yes (X)
JANET CHARLTON
VICE PRESIDENT40.00$266,500$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,181,450TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FEDERAL REALTY INVESTMENT TRUST
PO BOX 8500 LOCKBOX 9320PHILADELPHIAPA191789320OFFICE SPACE LEASE$569,909
KING & SPAULDING
1700 PENNSYLVANIA AVENUE NW SUITEWASHINGTONDC20006LEGAL SERVICES$395,717
COHN REZNICK
7501 WISCONSIN AVENUE SUITE 400EBETHESDAMD20814COMPLIANCE AND ADVISORY SERVICES$150,025
MRI SOFTWARE
425 W CAPITOL AVE SUITE 1225 1227LITTLE ROCKAR72201SOFTWARE SERVICES$104,139
CHESAPEAKE SYSTEMS LLC
7400 COCA COLA DRHANOVERMD21076MECHANICAL AND REPAIR SERVICES$100,894
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SUPPORTING ORGAN FEE INCOME531390$32,383,257$32,383,257
INTEREST NOTE RECEIVABLE531390$5,059,937$5,059,937
OTHER REVENUE531390$2,372,735$2,372,735
FieldValueIRS element (for citing)
Total Program Service Revenue$39,815,929TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,815,929TotalRevenueColumnAmt
Related Or Exempt Func Income$39,815,929RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$368,060TotalAmt
Program Services$368,060ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,051,255TotalAmt
Program Services$2,051,255ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,244,396TotalAmt
Program Services$1,244,396ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$120,055TotalAmt
Program Services$120,055ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$408,606TotalAmt
Management And General$408,606ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$220,607TotalAmt
Management And General$220,607ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$332,152TotalAmt
Program Services$332,152ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$600,556TotalAmt
Program Services$600,556ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$12,113TotalAmt
Management And General$12,113ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,991,295TotalAmt
Program Services$4,991,295ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$263,215TotalAmt
Program Services$263,215ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$166,963TotalAmt
Program Services$166,963ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CONSULTING$714,650$714,650
OTHER EXPENSES$85,674$85,674
NON-REIMBURSABLE COSTS$40,346$40,346

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,619,943TotalAmt
Program Services$10,978,617ProgramServicesAmt
Management And General$641,326ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$94,913,925BOYAmt
EOY$55,951,047EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$32,188,178BOYAmt
EOY$26,916,979EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$28,071,182BOYAmt
EOY$43,496,447EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,916,107LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,477,870LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$558,830BOYAmt
EOY$438,237EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$144,722,418BOYAmt
EOY$130,597,690EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,019,519BOYAmt
EOY$14,768,573EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$310,474,052BOYAmt
EOY$272,168,973EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,610,146BOYAmt
EOY$2,627,028EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$415,185BOYAmt
EOY$415,185EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$66,517,947BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$69,543,278BOYAmt
EOY$3,042,213EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$240,930,774BOYAmt
EOY$269,126,760EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$240,930,774BOYAmt
EOY$269,126,760EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$310,474,052BOYAmt
EOY$272,168,973EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$28,195,986ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,382,006CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,259,850CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$43,758,497CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,383,257CurrentTaxYearMinus1YearAmt
Total$111,783,610TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,665,009CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,250,647CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,067,635CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,176,456CurrentTaxYearMinus1YearAmt
Total$15,159,747TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$30,047,015CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,510,497CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$48,826,132CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$34,559,713CurrentTaxYearMinus1YearAmt
Total$126,943,357TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$126,943,357PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$82,165CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,893CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,014CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$33,237,653CurrentTaxYearMinus1YearAmt
Total$33,354,725TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$82,165CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,893CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,014CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$33,237,653CurrentTaxYearMinus1YearAmt
Total$33,354,725TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$30,129,180CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,533,390CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$48,838,146CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$67,797,366CurrentTaxYearMinus1YearAmt
Total$160,298,082TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.79190PublicSupportCY509Pct
Public Support PY5090.99870PublicSupportPY509Pct
Investment Income CY0.20810InvestmentIncomeCYPct
Investment Income PY0.00130InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,664,346OtherCostOrOtherBasisAmt
Depreciation$1,226,109DepreciationAmt
Book Value$438,237BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$251,761OtherCostOrOtherBasisAmt
Depreciation$251,761DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$438,237TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENTSDesc
Book Value$130,597,690BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$130,597,690TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
ACQUISITION FEE (NET OF AMORTIZATION)$17,120
DEPOSITS$334,591
INTEREST RECEIVABLE$14,416,862
FieldValueIRS element (for citing)
Total Book Value Other Assets$14,768,573TotalBookValueOtherAssetsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFIN 48 DISCLOSURE:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE TAX YEAR ENDED DECEMBER 31, 2023. DUE TO ITS TAX-EXEMPT STATUS, THE FOUNDATION IS NOT SUBJECT TO INCOME TAXES. THE FOUNDATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. NONE OF THE SUBSIDIARY ENTITIES HAD UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE FOUNDATION HAS NO OTHER TAX POSITIONS WHICH MUCT BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (19 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ANTI-DEFAMATION LEAGUE FOUNDATION
605 THIRD AVENUENEW YORKNY10158131818723501(C)(3)$5,000$0TO PROMOTE THE MISSION OF THE ADL THROUGH THE MAINTENANCE AND INVESTMENT
BENDER JCC OF GREATER WASHINGTON
6125 MONTROSE RDROCKVILLEMD20852530205921501(C)(3)$5,000$0TO CULTIVATE COMMUNITIES AND CELEBRATE JEWISH LIFE AND VALUES
BPS FOUNDATION
1120 NORTH TOWN CENTER SUITE 160LAS VEGASNV89144882260784501(C)(3)$25,000$0TO SUPPORT HEATH AND ATHLETICS FOCUSED PUBLIC CHARITIES
CHADTOUGH DEFEAT DIPG FOUNDATION
PO BOX 907SALINEMI48176474041494501(C)(3)$5,000$0FUNDING RESEARCH FOR A DIPG/DMG CURE AND PROVIDING NAVIGATION TO PATIENTS AND FAMILIES.
CHARLOTTE HORNETS FOUNDATION INC
333 E TRADE STCHARLOTTENC28202200946449501(C)(3)$25,000$0COMMUNITY SUPPORT
DC PUBLIC EDUCATION FUND
3407 14TH ST NWWASHINGTONDC20010261607955501(C)(3)$5,000$0EDUCATION
DUKE UNIVERSITY
324 BLCKWLL ST WASH BLDG STE 850DURHAMNC27701571211099501(C)(3)$10,000$0EDUCATION
HOPE IN A SUITCASE
311 N ROBERTSON BLVD 715BEVERLY HILLSCA90211475071991501(C)(3)$100,000$0TO PROVIDE SUPPORT TO CHILDREN AND TEENS ENTERING FOSTER CARE.
LAB SCHOOL OF WASHINGTON
4759 RESERVOIR RD NWWASHINGTONDC20007521261627501(C)(3)$5,000$0EDUCATION FOR STUDENTS WITH LANGUAGE BASED LEARNING DIFFERENCES.
LET'S WIN PANCREATIC CANCER FOUNDATION
422 EAST 72ND STREET SUITE 9DNEW YORKNY10021824411042501(C)(3)$5,000$0HEALTHCARE
MAIN STREET CONNECT
50 MONROE PLACEROCKVILLEMD20850815280080501(C)(3)$6,160$0TO SUPPORT DISABILITY HOUSING AND PROGRAMMING.
SCHOOL LEADER LAB
PO BOX 53232WASHINGTONDC20009821581985501(C)(3)$9,000$0DEVELOPING SCHOOL LEADERS TO CREATE AND SUSTAIN HIGH-QUALITY OUTCOMES FOR ALL STUDENTS.
THE MECCA SOCIETY
2400 SIXTH STREET NWWASHINGTONDC20059920685327501(C)(3)$50,000$0CHARITY
THE UCLA FOUNDATION
10920 WILSHIRE BLVD STE 900LOS ANGELESCA90024952250801501(C)(3)$7,500$0EDUCATION
TRUSTEES OF DEERFIELD ACADEMY
PO BOX 87DEERFIELDMA01342042103563501(C)(3)$10,000$0EDUCATION
WESTCHESTER GOLF ASSOCIATION CADDIE SCHOLARSHIP FUND INC
49 KNOLLWOOD ROADELMSFORDNY10523136100835501(C)(3)$5,000$0TO PROVIDES FINANCIAL NEED-BASED SCHOLARSHIPS TO CADDIES AND OTHERS WHO WORK IN SERVICE TO GOLF AT LOCAL PARTICIPATING GOLF AND COUNTRY CLUBS THROUGHOUT THE FOLLOWING COUNTIES: FAIRFIELD (CT), BRONX, DUTCHESS, ORANGE, PUTNAM, ROCKLAND, SULLIVAN, ULSTER AND WESTCHESTER (NY) COUNTIES.
WESTERN GOLF ASSOCIATION
2501 PATRIOT BOULEVARDGLENVIEWIL60026366002857501(C)(3)$16,000$0TO SUPPORT THE EVANS SCHOLARS FOUNDATION AND PROMOTE THE GAME OF GOLF.
WOFFORD COLLEGE
429 N CHURCH STSPARTANBURGSC29303570314422501(C)(3)$10,000$0EDUCATION
FREE AND FAIR LITIGATION INC
266 W 37TH STREET 20TH FLOORNEW YORKNY10018883029662501(C)(3)$5,000$0TO PARTICIPATE IN LITIGATION TO SUPPORT PRINCIPLES OF DEMOCRACY AND RULE OF LAW IN AMERICA.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract ExceptionYes (1)InitialContractExceptionInd
Rebuttable Presumption Proc0RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JASON GOLDBLATT
CEO AND CHAIRMAN$319,950$0$0$0$73,500$0$0$0$0$0$393,450$0$0$0
TODD TRAVIS
PRESIDENT AND COO$245,500$0$0$0$66,000$0$0$0$0$0$311,500$0$0$0
JANET CHARLTON
VICE PRESIDENT$242,500$0$0$0$24,000$0$0$0$0$0$266,500$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 8FormAndLineReferenceDesc
ExplanationPRIOR TO JANET CHARLTON BECOMING A FOUNDATION EMPLOYEE, THE NFAHS BOARD OF DIRECTORS AND THE PERTINENT STATE HOUSING FINANCE AGENCIES HAD APPROVED THE PARTICIPATION OF AN ENTITY IN WHICH CHARLTON HAD AN INTEREST AS THE DEVELOPER FOR THREE (3) LIHTC REDEVELOPMENT TRANSACTIONS. DURING 2010 - 2013, PAYMENTS OF DEVELOPMENT FEES WERE MADE FOR SERVICES RENDERED TO THREE (3) LIMITED PARTNERSHIPS IN WHICH AFFILIATES OF THE NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS, INC. SERVE AS GENERAL PARTNER OR MANAGING PARTNER. SUCH FEES WERE PAID FOR SERVICES RENDERED PRIOR TO 2010 - 2013 AND WERE PAID FROM INVESTOR EQUITY CONTRIBUTED TO SUCH PARTNERSHIPS BY UNRELATED THIRD-PARTY TAX CREDIT INVESTORS. THE DEVELOPMENT FEES PAID IN EACH TRANSACTION ARE SUBJECT TO CERTAIN FEDERAL AND STATE GOVERNMENTAL LIMITATIONS AS TO GROSS AMOUNT AND SCHEDULE FOR PAYMENTSExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BPRIOR TO FILING, FORM 990 IS VETTED BY MEMBERS OF THE EXECUTIVE COMMITTEE AND THIRD PARTY LEGAL AND ACCOUNTING PERSONNEL. FINAL APPROVAL IS THEN GIVEN BY THE CHAIRMAN OF THE BOARD AFTER HIS REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CAN AFFIRMATIVE SIGNED STATEMENT OF NO CONFLICTS IS REQUIRED, AND WHERE APPLICABLE, A WRITTEN DISCLOSURE OF ANY KNOWN CONFLICTS IS REQUIRED. CONFLICTS ARE DISCLOSED AND BOARD MEMBERS ARE RECUSED, AS NEEDED, ON A TRANSACTIONAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION COMMITTEE REVIEWS AND MAKES DECISIONS WITH A THIRD PARTY COMPENSATION REPORT.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE DURING NORMAL BUSINESS HOURS UPON REQUEST.

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