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National Foundation for Affordable Housing Solutions Inc.

National Foundation for Affordable Housing Solutions Inc.

Rockville, MD 20852
Tax ID52-1665967

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About this organization

Revenue

$19,640,053

Expenses

$24,672,577

Mission

The 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.

About

The 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.

Interesting data from their 2020 990 filing

The non-profit's mission is outlined in the filing as being “The 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.”.

When outlining its responsibilities, they were referred to as: “The 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.”.

  • The state in which the non-profit operates has been officially reported as DC.
  • The filing reveals the non-profit's address in 2020 to be 11810 GRAND PARK AVENUE 600, NORTH BETHESDA, MD, 20852.
  • As per the non-profit's form for 2020, they have 24 employees on their payroll.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$5,032,524.
  • The organization has 8 independent voting members.
  • The organization was formed in 1990.
  • The organization pays $3,541,383 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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