Nonprofit · EIN 52-1636004
NHP FOUNDATION
Tax-exempt · NEW YORK, NY 10168
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $35,947,017 | $54,139,811 | -$18,192,794 | $536,877,982 | $262,073,068 | $274,804,914 |
| December 31, 2023 | 990 | $74,535,053 | $36,214,932 | $38,320,121 | $426,582,552 | $160,070,252 | $266,512,300 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,041,858
- of which government grants
- $865,032
- Program service revenue
- $24,419,847
- Investment income
- $2,485,312
- Net gain from sales of assets
- -$512,892
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,141,043
- Compensation of officers, directors and key employees
- $5,120,549
- Other salaries and wages
- $7,773,094
- Salaries, compensation and benefits (total)
- $14,929,953
- Professional fundraising fees
- $0
- Legal fees
- $240,397
- Accounting fees
- $219,194
- Occupancy
- $2,089,393
- Depreciation
- $3,838,051
- Program services (functional)
- $37,005,283
- Management and general (functional)
- $17,134,528
Balance sheet and other
- Total assets, start of year
- $426,582,552
- Total assets, end of year
- $536,877,982
- Total liabilities, end of year
- $262,073,068
- Net assets, end of year
- $274,804,914
- Land, buildings and equipment
- $109,412,789
- Net assets without donor restrictions
- $274,804,914
- Gross receipts
- $226,574,060
- Employees
- 70
- Volunteers
- 12
- Year formed
- 1989
- 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 |
|---|---|---|---|---|
| RICHARD F BURNS | CEO & BOARD MEMBER Trustee or director, Officer | 15 | $741,061 | $18,993 |
| STEPHEN GREEN | EVP & CIO Officer | 20 | $477,583 | $39,986 |
| ERIC PRICE | PRESIDENT Officer | 20 | $512,500 | $0 |
| CARLOS GONZALES | SENIOR VICE PRESIDENT Highest-paid employee | 20 | $356,928 | $19,894 |
| JOHN WELSH | SENIOR VICE PRESIDENT Officer | 20 | $323,031 | $24,395 |
| MECKY ADNANI | SVP, ACQUISITIONS Highest-paid employee | 35 | $310,155 | $24,676 |
| NEAL DROBENARE | SVP, ACQUISITIONS/PROSPECT Highest-paid employee | 34 | $315,715 | $11,029 |
| SCOTT BARKAN | SVP, SENIOR PROJECT MANAGER Highest-paid employee | 35 | $299,489 | $26,639 |
| MANSUR ABDUL-MALIK | SENIOR VICE PRESIDENT Officer | 20 | $307,417 | $17,484 |
| FRED MITCHELL | SENIOR VICE PRESIDENT Officer | 35 | $314,598 | $2,000 |
| ALLA ELEON | SVP, CAO, & TREASURER Officer | 20 | $282,955 | $27,560 |
| C MEADE RHOADS JR | VICE PRESIDENT Officer | 20 | $265,468 | $37,994 |
| JOSEPH P WIEDORFER | SVP & CORPORATE SECRETARY Officer | 20 | $248,998 | $23,630 |
| THOMAS G VACCARO | SENIOR VICE PRESIDENT Officer | 20 | $223,098 | $36,442 |
| JOHN G HOFFER | VICE PRESIDENT Officer | 20 | $256,808 | $2,000 |
17 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIM B PRYOR | VICE PRESIDENT Officer | 20 | $227,983 | $24,622 |
| IAN SOBEL | VICE PRESIDENT, ASSET MGMT Highest-paid employee | 35 | $234,626 | $15,920 |
| KENNETH D WHITE | VICE PRESIDENT Officer | 20 | $238,216 | $10,028 |
| DAWN GUTIERREZ | VICE PRESIDENT Officer | 20 | $194,739 | $8,068 |
| THALIA LANKIN | CHIEF ADMINISTRATIVE OFFICER Officer | 20 | $142,877 | $22,516 |
| CHARU SINGH | BOARD MEMBER Trustee or director | 1 | $10,000 | $0 |
| CHERIE SANTOS-WUEST | VICE CHAIR OF THE BOARD Trustee or director, Officer | 1 | $10,000 | $0 |
| GLYNNA K CHRISTIAN | CHAIR OF THE BOARD Trustee or director, Officer | 1 | $10,000 | $0 |
| GRACE TORRES | BOARD MEMBER Trustee or director | 1 | $10,000 | $0 |
| LISA ANASTOS | BOARD MEMBER Trustee or director | 1 | $10,000 | $0 |
| SHELDON L SCHREIBERG | BOARD MEMBER Trustee or director | 1 | $10,000 | $0 |
| ADAM WEERS | BOARD MEMBER Trustee or director | 1 | $7,500 | $0 |
| PATRICIA DIAZ DENNIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RALPH F BOYD JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT H ABRAMS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARAH E FEINBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS A CARR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD F BURNS | CEO & BOARD MEMBER Trustee or director, Officer | 20 | $699,998 | $17,654 |
| STEPHEN GREEN | EVP & CIO Officer | 20 | $530,000 | $37,708 |
| ERIC PRICE | SENIOR VP Officer | 20 | $499,038 | $0 |
| JOHN WELSH | SENIOR VICE PRESIDENT Officer | 20 | $365,000 | $21,482 |
| MECKY ADNANI | SVP, ACQUISITIONS Highest-paid employee | 35 | $335,346 | $25,729 |
| NEAL DROBENARE | SVP, ACQUISITIONS/PROSPECT Highest-paid employee | 34 | $349,231 | $9,771 |
| JOSEPH P WIEDORFER | SENIOR VP Officer | 20 | $329,615 | $21,122 |
| ALLA ELEON | SVP, CAO, & TREASURER Officer | 20 | $324,423 | $24,598 |
| SCOTT BARKAN | VP, SENIOR PROJECT MANAGER Highest-paid employee | 35 | $297,306 | $19,251 |
| THOMAS G VACCARO | SENIOR VP & CORPORATE SECR Officer | 20 | $273,654 | $33,896 |
| MANSUR ABDUL-MALIK | SENIOR VICE PRESIDENT Officer | 20 | $288,289 | $9,741 |
| CARLOS GONZALES | SENIOR VICE PRESIDENT Highest-paid employee | 20 | $295,906 | $0 |
| FRED MITCHELL | SENIOR VP Officer | 35 | $280,000 | $10,435 |
| ADAM WEERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHARU SINGH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHERIE SANTOS-WUEST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GLYNNA K CHRISTIAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GRACE TORRES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICIA DIAZ DENNIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RALPH F BOYD JR | CHAIRMAN OF THE BOARD Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT H ABRAMS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARAH E FEINBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHELDON L SCHREIBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS A CARR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 122 EAST 42ND ST 4900, NEW YORK, NY 10168-0002
- In care of
- % GARY PARKINSON
- Principal officer (990 for 2024)
- ALLA ELEON, 122 EAST 42ND STREET SUITE 4900, NEW YORK, NY 10168
- Signed the 990
- ALLA ELEON, SVP, CAO, & TREASURER
- Phone
- (646) 336-4940
- Website
- WWW.NHPFOUNDATION.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE NHP FOUNDATION IS A NONPROFIT ORGANIZATION DEDCICATED TO MAKING INVESTMENTS THAT PRESERVE AND CREATE AFFORDABLE MULTIFAMILY HOUSING FOR LOW-TO MODERATE-INCOME FAMILIES AND SENIORS. THE FOUNDATION ALSO PROVIDES A COMPREHENSIVE ARRAY OF PROGRAMS AND SERVICES TO ENHANCE THE QUALITY OF LIFE FOR ITS RESIDENTS.
Program accomplishments
- THE NHP FOUNDATION IS A NONPROFIT ORGANIZATION DEDICATED TO MAKING INVESTMENTS THAT PRESERVE AND CREATE AFFORDABLE MULTIFAMILY HOUSING FOR LOW-TO-MODERATE-INCOME FAMILIES AND SENIORS. THE FOUNDATION ALSO PROVIDES A COMPREHENSIVE ARRAY OF PROGRAMS AND SERVICES TO ENHANCE THE QUALITY OF LIFE FOR ITS RESIDENTS.Expenses $37,005,283 · grants $1,141,043 · revenue $24,419,847
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
- 52-1636004
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $536,877,982
- Income (IRS master file)
- $226,574,060
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $35,947,017 | $54,139,811 | $536,877,982 | IRS |
| 990 | December 2023 | $74,535,053 | $36,214,932 | $426,582,552 | XML |
| 990 | December 2022 | $48,789,999 | $33,419,964 | $301,329,471 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 52-1636004).
Questions about NHP FOUNDATION
- What is the EIN of NHP FOUNDATION?
- The employer identification number (EIN) of NHP FOUNDATION is 52-1636004.
- Is NHP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to NHP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NHP FOUNDATION 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 NHP FOUNDATION 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 NHP FOUNDATION 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 NHP FOUNDATION?
- The 990 for the year ended December 31, 2024 names ALLA ELEON.
- Who are the officers and directors of NHP FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 32 people; 27 received compensation from the organization, the highest $741,061 (RICHARD F BURNS, CEO & BOARD MEMBER).
- How much revenue does NHP FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $35,947,017, expenses of $54,139,811 and total assets of $536,877,982 at year end.
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