2024-11-15T14:53:13-06:00 2023-12-31 471767422 TOOLE KATZ & ROEMERSMA LLP 1911 N FORT MYER DRIVE SUITE 600 ARLINGTON VA 22209 990 2023-01-01 521665967 NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC NATI 3019980400 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 TODD TRAVIS MANAGING MEMBER 3019980400 2024-11-15 1 0 ANDREW ABERNETHY P10527388 7032489200 2023 2024-10-15 13:58:12Z FOUNDATION HOUSING TODD TRAVIS 11810 GRAND PARK AVENUE 600 NORTH BETHESDA MD 20852 39815929 0 X HTTPS://FOUNDATIONHOUSING.COM/ X 1990 DC 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. 8 8 14 0 0 0 0 0 72340809 39815929 0 0 0 0 72340809 39815929 244131 368060 0 0 5699080 3415706 0 0 0 7716542 7836177 13659753 11619943 58681056 28195986 310474052 272168973 69543278 3042213 240930774 269126760 X 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. 0 0 10978617 368060 7432672 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. 10978617 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MD X TODD TRAVIS 3019980401 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 GREGORY O'DELL DIRECTOR 1.00 X 31500 0 0 BERNARD BEAL DIRECTOR 1.00 X 31500 0 0 MARK WELLER DIRECTOR 1.00 X 28000 0 0 JASON GOLDBLATT CEO AND CHAIRMAN 40.00 X X 393450 0 0 JON SHIFFMAN DIRECTOR 1.00 X 28000 0 0 BENJAMIN M SOTO DIRECTOR 1.00 X 31500 0 0 CANDACE HERRING DIRECTOR 1.00 X 28000 0 0 GILEAD MORSE DIRECTOR 1.00 X 31500 0 0 TODD TRAVIS PRESIDENT AND COO 40.00 X 311500 0 0 JANET CHARLTON VICE PRESIDENT 40.00 X 266500 0 0 1181450 0 0 3 0 1 0 FEDERAL REALTY INVESTMENT TRUST PO BOX 8500 LOCKBOX 9320 PHILADELPHIA PA 191789320 OFFICE SPACE LEASE 569909 KING & SPAULDING 1700 PENNSYLVANIA AVENUE NW SUITE WASHINGTON DC 20006 LEGAL SERVICES 395717 COHN REZNICK 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 COMPLIANCE AND ADVISORY SERVICES 150025 MRI SOFTWARE 425 W CAPITOL AVE SUITE 1225 1227 LITTLE ROCK AR 72201 SOFTWARE SERVICES 104139 CHESAPEAKE SYSTEMS LLC 7400 COCA COLA DR HANOVER MD 21076 MECHANICAL AND REPAIR SERVICES 100894 9 SUPPORTING ORGAN FEE INCOME 531390 32383257 32383257 INTEREST NOTE RECEIVABLE 531390 5059937 5059937 OTHER REVENUE 531390 2372735 2372735 39815929 39815929 39815929 0 0 368060 368060 2051255 2051255 1244396 1244396 120055 120055 408606 408606 220607 220607 332152 332152 600556 600556 12113 12113 4991295 4991295 263215 263215 166963 166963 CONSULTING 714650 714650 OTHER EXPENSES 85674 85674 NON-REIMBURSABLE COSTS 40346 40346 11619943 10978617 641326 0 94913925 55951047 32188178 26916979 28071182 43496447 1916107 1477870 558830 438237 144722418 130597690 10019519 14768573 310474052 272168973 2610146 2627028 415185 415185 66517947 0 69543278 3042213 X 240930774 269126760 240930774 269126760 310474052 272168973 28195986 0 X 0 1 X 1 0 X 26382006 9259850 43758497 32383257 111783610 3665009 4250647 5067635 2176456 15159747 30047015 13510497 48826132 34559713 126943357 0 0 0 126943357 82165 22893 12014 33237653 33354725 82165 22893 12014 33237653 33354725 30129180 13533390 48838146 67797366 160298082 0.79190 0.99870 0.20810 0.00130 X 1664346 1226109 438237 251761 251761 0 0 438237 INVESTMENTS 130597690 C 130597690 ACQUISITION FEE (NET OF AMORTIZATION) 17120 DEPOSITS 334591 INTEREST RECEIVABLE 14416862 14768573 FIN 48 DISCLOSURE: THE 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. 1 ANTI-DEFAMATION LEAGUE FOUNDATION 605 THIRD AVENUE NEW YORK NY 10158 131818723 501(C)(3) 5000 0 TO PROMOTE THE MISSION OF THE ADL THROUGH THE MAINTENANCE AND INVESTMENT BENDER JCC OF GREATER WASHINGTON 6125 MONTROSE RD ROCKVILLE MD 20852 530205921 501(C)(3) 5000 0 TO CULTIVATE COMMUNITIES AND CELEBRATE JEWISH LIFE AND VALUES BPS FOUNDATION 1120 NORTH TOWN CENTER SUITE 160 LAS VEGAS NV 89144 882260784 501(C)(3) 25000 0 TO SUPPORT HEATH AND ATHLETICS FOCUSED PUBLIC CHARITIES CHADTOUGH DEFEAT DIPG FOUNDATION PO BOX 907 SALINE MI 48176 474041494 501(C)(3) 5000 0 FUNDING RESEARCH FOR A DIPG/DMG CURE AND PROVIDING NAVIGATION TO PATIENTS AND FAMILIES. CHARLOTTE HORNETS FOUNDATION INC 333 E TRADE ST CHARLOTTE NC 28202 200946449 501(C)(3) 25000 0 COMMUNITY SUPPORT DC PUBLIC EDUCATION FUND 3407 14TH ST NW WASHINGTON DC 20010 261607955 501(C)(3) 5000 0 EDUCATION DUKE UNIVERSITY 324 BLCKWLL ST WASH BLDG STE 850 DURHAM NC 27701 571211099 501(C)(3) 10000 0 EDUCATION HOPE IN A SUITCASE 311 N ROBERTSON BLVD 715 BEVERLY HILLS CA 90211 475071991 501(C)(3) 100000 0 TO PROVIDE SUPPORT TO CHILDREN AND TEENS ENTERING FOSTER CARE. LAB SCHOOL OF WASHINGTON 4759 RESERVOIR RD NW WASHINGTON DC 20007 521261627 501(C)(3) 5000 0 EDUCATION FOR STUDENTS WITH LANGUAGE BASED LEARNING DIFFERENCES. LET'S WIN PANCREATIC CANCER FOUNDATION 422 EAST 72ND STREET SUITE 9D NEW YORK NY 10021 824411042 501(C)(3) 5000 0 HEALTHCARE MAIN STREET CONNECT 50 MONROE PLACE ROCKVILLE MD 20850 815280080 501(C)(3) 6160 0 TO SUPPORT DISABILITY HOUSING AND PROGRAMMING. SCHOOL LEADER LAB PO BOX 53232 WASHINGTON DC 20009 821581985 501(C)(3) 9000 0 DEVELOPING SCHOOL LEADERS TO CREATE AND SUSTAIN HIGH-QUALITY OUTCOMES FOR ALL STUDENTS. THE MECCA SOCIETY 2400 SIXTH STREET NW WASHINGTON DC 20059 920685327 501(C)(3) 50000 0 CHARITY THE UCLA FOUNDATION 10920 WILSHIRE BLVD STE 900 LOS ANGELES CA 90024 952250801 501(C)(3) 7500 0 EDUCATION TRUSTEES OF DEERFIELD ACADEMY PO BOX 87 DEERFIELD MA 01342 042103563 501(C)(3) 10000 0 EDUCATION WESTCHESTER GOLF ASSOCIATION CADDIE SCHOLARSHIP FUND INC 49 KNOLLWOOD ROAD ELMSFORD NY 10523 136100835 501(C)(3) 5000 0 TO 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 BOULEVARD GLENVIEW IL 60026 366002857 501(C)(3) 16000 0 TO SUPPORT THE EVANS SCHOLARS FOUNDATION AND PROMOTE THE GAME OF GOLF. WOFFORD COLLEGE 429 N CHURCH ST SPARTANBURG SC 29303 570314422 501(C)(3) 10000 0 EDUCATION FREE AND FAIR LITIGATION INC 266 W 37TH STREET 20TH FLOOR NEW YORK NY 10018 883029662 501(C)(3) 5000 0 TO PARTICIPATE IN LITIGATION TO SUPPORT PRINCIPLES OF DEMOCRACY AND RULE OF LAW IN AMERICA. X X 0 0 0 0 0 0 0 0 1 0 JASON GOLDBLATT CEO AND CHAIRMAN 319950 0 0 0 73500 0 0 0 0 0 393450 0 0 0 TODD TRAVIS PRESIDENT AND COO 245500 0 0 0 66000 0 0 0 0 0 311500 0 0 0 JANET CHARLTON VICE PRESIDENT 242500 0 0 0 24000 0 0 0 0 0 266500 0 0 0 PART I, LINE 8 PRIOR 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 PAYMENTS FORM 990, PART VI, SECTION B, LINE 11B PRIOR 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 12C AN 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 15 THE COMPENSATION COMMITTEE REVIEWS AND MAKES DECISIONS WITH A THIRD PARTY COMPENSATION REPORT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE DURING NORMAL BUSINESS HOURS UPON REQUEST.