Nonprofit · EIN 31-1662007
NHT COMMUNITIES
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $14,610,281 | $36,970,037 | -$22,359,756 | $207,997,245 | $177,418,456 | $30,578,789 |
| December 31, 2023 | 990 | $18,887,630 | $16,099,470 | $2,788,160 | $226,588,059 | $174,550,585 | $52,037,474 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $636,584
- of which government grants
- $64,222
- Program service revenue
- $15,675,615
- Investment income
- -$1,701,918
- Net gain from sales of assets
- -$2,090,747
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $400
- Compensation of officers, directors and key employees
- $1,267,711
- Other salaries and wages
- $246,099
- Salaries, compensation and benefits (total)
- $1,845,402
- Professional fundraising fees
- $0
- Legal fees
- $18,509
- Accounting fees
- $6,385
- Occupancy
- $4,724,290
- Travel
- $53,070
- Depreciation
- $4,980,980
- Program services (functional)
- $31,924,522
- Management and general (functional)
- $3,978,120
- Fundraising (functional)
- $1,067,395
Balance sheet and other
- Total assets, start of year
- $226,588,059
- Total assets, end of year
- $207,997,245
- Total liabilities, end of year
- $177,418,456
- Net assets, end of year
- $30,578,789
- Land, buildings and equipment
- $138,475,509
- Publicly traded securities
- $1,014,916
- Net assets without donor restrictions
- $30,467,131
- Net assets with donor restrictions
- $111,658
- Gross receipts
- $17,181,387
- Employees
- 0
- Volunteers
- 39
- Year formed
- 1999
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PRIYA JAYACHANDRAN | PRESIDENT Trustee or director, Officer | 10 | $337,700 | $23,709 |
| KEVIN WHITE | VICE PRESIDENT Officer | 1 | $219,303 | $35,882 |
| NICOLE PROROCK | TREASURER/CFO (UNTIL 11/22/2024) Officer | 10 | $212,548 | $25,930 |
| OLUSHOLA GIWA | TREASURER (UNTIL 7/8/2024) Officer | 40 | $167,652 | $21,546 |
| FATIMA DIABATE | DIRECTOR OF HR (AS OF 6/11/2024) Officer | 37 | $90,694 | $13,640 |
| AMINA POOKRUM | SECRETARY Officer | 40 | $82,160 | $14,127 |
| STEVEN SPEARS | TREASURER/CFO (AS OF 11/20/2024) Officer | 10 | $22,820 | $0 |
| CAROLINE HORTON | BOARD MEMBERR Trustee or director | 1 | $0 | $0 |
| ISMAEL GUERRERO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LUCY ARELLANO BAGLIERI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARY TINGERTHAL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| YUSEF FREEMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PRIYA JAYACHANDRAN | PRESIDENT Trustee or director, Officer | 13.2 | $352,336 | $22,189 |
| KEVIN WHITE | VICE PRESIDENT Officer | 20 | $194,999 | $34,966 |
| OLUSHOLA GIWA | TREASURER Officer | 40 | $181,672 | $34,612 |
| STEVEN SPEARS | TREASURER (UNTIL 11/2023) Officer | 10 | $200,000 | $0 |
| AMINA POOKRUM | SECRETARY Officer | 40 | $75,965 | $12,967 |
| NICOLE PROROCK | TREASURER (AS OF 11/2023) Officer | 10 | $54,624 | $4,571 |
| CAROLINE HORTON | BOARD MEMBERR Trustee or director | 1 | $0 | $0 |
| ISMAEL GUERRERO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LUCY ARELLANO BAGLIERI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARY TINGERTHAL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| YUSEF FREEMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 CONNECTICUT AVE NW STE 700, WASHINGTON, DC 20036-4349
- In care of
- % PRIYA JAYACHANDRAN
- Principal officer (990 for 2024)
- PRIYA JAYACHANDRAN, 1101 CONNECTICUT AVE NW 700, WASHINGTON, DC 20036
- Signed the 990
- PRIYA JAYACHANDRAN, PRESIDENT
- Phone
- (202) 333-8931
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
SEE SCHEDULE O
Program accomplishments
- NHT 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.Expenses $31,924,522 · grants $400 · revenue $15,675,615
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1662007
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $207,997,245
- Income (IRS master file)
- $17,181,387
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $14,610,281 | $36,970,037 | $207,997,245 | IRS |
| 990 | December 2023 | $18,887,630 | $16,099,470 | $226,588,059 | XML |
| 990 | December 2022 | $26,933,579 | $18,272,467 | $181,646,633 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1662007).
Questions about NHT COMMUNITIES
- What is the EIN of NHT COMMUNITIES?
- The employer identification number (EIN) of NHT COMMUNITIES is 31-1662007.
- Is NHT COMMUNITIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to NHT COMMUNITIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NHT COMMUNITIES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NHT COMMUNITIES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NHT COMMUNITIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NHT COMMUNITIES?
- The 990 for the year ended December 31, 2024 names PRIYA JAYACHANDRAN.
- Who are the officers and directors of NHT COMMUNITIES?
- The 990 for the year ended December 31, 2024 lists 12 people; 7 received compensation from the organization, the highest $337,700 (PRIYA JAYACHANDRAN, PRESIDENT).
- How much revenue does NHT COMMUNITIES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $14,610,281, expenses of $36,970,037 and total assets of $207,997,245 at year end.
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All nonprofits in WASHINGTON · District of Columbia · Housing and shelter