National Leased Housing Association
- Assets
- $1.3m
- Revenue
- $841.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 08/1973
- Data as of
- 02/2024
- EIN
- 23-7304915
Organization Overview
National Leased Housing Association is located in Washington, DC. The organization was established in 1973. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 02/2024, National Leased Housing Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Leased Housing Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 02/2024, National Leased Housing Association generated $841.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $884.3k during the year ending 02/2024. While expenses have increased by 3.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
NLHA'S PURPOSE IS TO PROMOTE THE COMMON INTEREST OF THOSE PERSONS ACTIVELY ENGANGED IN PROVIDING SERVICES WITH REFERENCE TO THE DEVELOPMENT AND MANAGEMENT OF LEASED HOUSING AND RELATED FACILITIES THROUGH PROVIDING A MECHANISM TO KEEP MEMBERS INFORMED OF NEW ADMINISTRATIVE AND LEGISLATIVE DEVELOPMENTS THAT AFFECT THE PROGRAM THROUGH AN INTERCHANGE OF INFORMATION AMONG THE MEMBERS; PRESENTING TO APPROPRIATE LEGISLATIVE AND ADMINISTRATIVE OFFICIALS THE VIEWS OF PARTICIPANTS CONCERNING ANY PROPOSED CHANGES THEREIN; INFORMING THE PUBLIC ABOUT THE OPERATION AND ACHIEVEMENTS OF THE LEASED HOUSING PROGRAM; AND OTHER THINGS NECESSARY OR PROPER TO FORWARD THE INTEREST OF THE LEASED HOUSING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NLHA SEMINARS AND MEETINGS PROVIDE A MECHANISM FOR KEEPING PARTICIPANTS IN ALL GOVERNMENT RELATED HOUSING PROGRAMS INFORMED OF NEW REGULATORY REQUIREMENTS AND LEGISLATIVE DEVELOPMENTS THAT AFFECT SUCH PROGRAMS AND PROMOTE AN EXCHANGE OF INFORMATION AMONG MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Barrett Member | Trustee | 1 | $0 |
Jonathan Bentz Member | Trustee | 1 | $0 |
Donald Bernards Member | Trustee | 1 | $0 |
Harris Block Member | Trustee | 1 | $0 |
Holly Bray Member | Trustee | 1 | $0 |
Andy Brinkman Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $513,390 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $536,390 |
| Total Program Service Revenue | $283,750 |
| Investment income | $23,169 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,702 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $841,607 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,553 |
| Pension plan accruals and contributions | $11,502 |
| Other employee benefits | $58,111 |
| Payroll taxes | $25,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,874 |
| Fees for services: Accounting | $10,121 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,153 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,934 |
| Travel | $14,278 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,198 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,922 |
| Insurance | $9,654 |
| All other expenses | $5,389 |
| Total functional expenses | $884,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $773,814 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $114,474 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,023 |
| Net Land, buildings, and equipment | $4,937 |
| Investments—publicly traded securities | $293,190 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $139,416 |
| Other assets | $3,251 |
| Total assets | $1,335,205 |
| Accounts payable and accrued expenses | $860 |
| Grants payable | $0 |
| Deferred revenue | $347,394 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $145,279 |
| Total liabilities | $493,533 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $841,672 |
| Total liabilities and net assets/fund balances | $1,335,205 |