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Navigate Affordable Housing Partners

Birmingham, AL · EIN 63-0985617 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Navigate Affordable Housing Partners reported $919.3 million in revenue and $909.3 million in expenses for calendar year 2024. Of every $100 it spent, $99.38 went to program services, $0.62 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.3% of the total. Government grants made up 96.3%. The highest compensation it reported for one person was $381,763 (CHIEF EXECUTIVE OFFICER). 15 people received more than $100,000 in reportable compensation. Revenue rose 52% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $909M

For 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 $919M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
99.4%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
0.6%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.3%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
96.3%1.0%
Program service revenue share
Part VIII 2g ÷ 12
3.4%66.2%
Highest reported compensation
Part VII-A, columns D–F
$381,763$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.04%1.57%
People paid over $100,000
Part VII, line 2
155
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.210.0
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

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 expense
$904M expenses · 100.0% of program spending · grants $890M · revenue $31M

Low income, multifamily units either occupied or under construction and various other ancillary facilities such as laundromat, recreation building, etc. Also provide management services for hud in four states

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$333,181$0$48,582$381,763
CHIEF OPERATING OFFICER
Officer, 40.00 hrs/week
$313,898$0$52,857$366,755
HIGHLY COMPENSATED EMPLOYE
Highest compensated employee, 40.00 hrs/week
$188,856$0$41,725$230,581
HIGHLY COMPENSATED EMPLOYE
Highest compensated employee, 40.00 hrs/week
$159,165$0$35,165$194,330
HIGHLY COMPENSATED EMPLOYE
Highest compensated employee, 40.00 hrs/week
$157,273$0$27,189$184,462
HIGHLY COMPENSATED EMPLOYE
Highest compensated employee, 40.00 hrs/week
$148,412$0$33,341$181,753
HIGHLY COMPENSATED EMPLOYE
Highest compensated employee, 40.00 hrs/week
$147,398$0$33,894$181,292

15 people received more than $100,000 in reportable compensation from Navigate Affordable Housing Partners (Part VII, line 2). Compensation of current officers, directors and key employees totaled $928K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$250M$500M$750M$1.00B201920202021202220232024$919M$909M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$919M$909M99.4%$89M$381,763
2023 ⓘ$834M$824M99.4%$79M$353,844
2022 ⓘ$800M$791M99.5%$69M$336,630
2021 ⓘ$765M$756M99.5%$60M$530,947
2020 ⓘ$659M$651M99.4%$51M$1,426,637
2019 ⓘ$605M$596M99.5%$43M$568,790

Governance 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–1b5 · 5 independent
  • Audited financial statements Part XII 2bYes
  • 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 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • 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 4Yes
  • 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 571
  • Volunteers Part I, line 65

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
SOLID FOUNDATION
Construction
$1,530,802
PRINCIPAL LIFE
Retirement services
$898,315
BURR & FORMAN LLP
Legal
$878,940
JG WILLENS BUILDING LLC
Contractors
$713,578
CLEAR WINDS TECHNOLOGIES
Technology
$433,935

Individuals listed as contractors are left out. 21 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Navigate Affordable Housing Partners's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Navigate Affordable Housing Partners, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in Alabama

Questions people ask

How much of Navigate Affordable Housing Partners's spending goes to programs?

In calendar year 2024, Navigate Affordable Housing Partners reported that 99.4% of its $909.3 million in expenses went to program services, 0.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Navigate Affordable Housing Partners pay its top executive?

The largest total compensation Navigate Affordable Housing Partners reported for one person in calendar year 2024 was $381,763, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Navigate Affordable Housing Partners get its money?

Of $919.3 million in revenue in calendar year 2024, 96.3% came from contributions and grants (including 96.3% from government grants) and 3.4% from program service revenue (Form 990, Part VIII).

Is Navigate Affordable Housing Partners a registered charity?

The IRS lists EIN 63-0985617 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 2019, 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 202543119349302469 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202442849349301319 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313199349304316 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202242239349302909 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132879349300823 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202032469349300123 · read the filing

All filings for EIN 63-0985617: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.