Nht Communities
Nht Communities reported $14.6 million in revenue and $37.0 million in expenses for calendar year 2024. Of every $100 it spent, $86.35 went to program services, $10.76 to management and general costs and $2.89 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 107.3% of the total. The highest compensation it reported for one person was $361,409 (PRESIDENT). 4 people received more than $100,000 in reportable compensation. Revenue fell 28% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $37MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $15M- Contributions & grants (non-government)$3.51 $572K
- Government grants$0.39 $64,222
- Program service revenue$96.10 $16M
Investment income was negative: −$1.7M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.4% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.8% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.9% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $1.68 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 4.4% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 107.3% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $361,409 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.98% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 4 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.9 | 10.0 |
| Independent voting board members Part VI 1a–1b | 5 of 6 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseNht Communities is a 501(c)(3) non-profit affordable housing development company based in washington, dc whose mission is to preserve, improve and develop affordable, multifamily housing for Nht Communities. There are four critical elements that must be included in every preservation or development effort, as follows: 1) securing long-term affordability, 2) developing sound buildings, or addressing existing physical and capital needs, 3) incorporating sustainable/green building practices, and 4) maintaining or incorporating resident services and community programs
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Director/trustee, officer, 10.00 hrs/week | $337,700 | $0 | $23,709 | $361,409 |
| VICE PRESIDENT Officer, 1.00 hrs/week | $219,303 | $0 | $35,882 | $255,185 |
| TREASURER/CFO (UNTIL 11/22/2024) Officer, 10.00 hrs/week | $212,548 | $0 | $25,930 | $238,478 |
| TREASURER (UNTIL 7/8/2024) Officer, 40.00 hrs/week | $167,652 | $0 | $21,546 | $189,198 |
| DIRECTOR OF HR (AS OF 6/11/2024) Officer, 37.00 hrs/week | $90,694 | $0 | $13,640 | $104,334 |
| SECRETARY Officer, 40.00 hrs/week | $82,160 | $0 | $14,127 | $96,287 |
| TREASURER/CFO (AS OF 11/20/2024) Officer, 10.00 hrs/week | $22,820 | $0 | $0 | $22,820 |
4 people received more than $100,000 in reportable compensation from Nht Communities (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b6 · 5 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 639
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Nht Communities totaling $50,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Nht Communities's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Nht Communities, you can publish a response that is linked from this page.
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Of every $100 Nht Communities spent in 2024, $86.35 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Phs Apple Valley Senior HousingRoseville, MN · revenue $14M · programs 85.2% · FY2025
- Devco FoundationBellevue, WA · revenue $15M · programs 68.7% · 2024
- Lions Affordable Housing CorporationSan Diego, CA · revenue $14M · FY2025
- Jewish Home Life CommunitiesAtlanta, GA · revenue $15M · programs 80.9% · FY2025
- Commonwealth Multifamily Housing CorporationTemple, TX · revenue $14M · programs 98.4% · 2024
All housing & shelter charities · Largest charities in District of Columbia
Questions people ask
How much of Nht Communities's spending goes to programs?
In calendar year 2024, Nht Communities reported that 86.4% of its $37.0 million in expenses went to program services, 10.8% to management and general and 2.9% to fundraising (Form 990, Part IX).
How much does Nht Communities pay its top executive?
The largest total compensation Nht Communities reported for one person in calendar year 2024 was $361,409, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Nht Communities get its money?
Of $14.6 million in revenue in calendar year 2024, 4.4% came from contributions and grants (including 0.4% from government grants) and 107.3% from program service revenue (Form 990, Part VIII).
Is Nht Communities a registered charity?
The IRS lists EIN 31-1662007 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543209349300524 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413209349325096 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349328442 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349305107 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143149349307429 · read the filing
All filings for EIN 31-1662007: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.