Washington Housing Conservancy Inc

Organization Overview

Washington Housing Conservancy Inc is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Housing Conservancy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Washington Housing Conservancy Inc generated $22.0m in total revenue. All expenses for the organization totaled $30.1m during the year ending 12/2021.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE WASHINGTON HOUSINGCONSERVANCY IS PRESERVING AFFORDABLE WORKFORCE HOUSING AND SERVING

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICES: ESTABLISH PROGRAMS AND SERVICES TO ENSURE ADHERENCE WITH AFFORDABILITY COVENANTS AND TO PRESERVE HOMES THAT ARE AFFORDABLE FOR RESIDENTS. IN ADDITION, WHC ASSESSES COMMUNITY NEEDS AND BUILDS PARTNERSHIPS WITH SERVICE PROVIDERS. WHC IS CREATING INCLUSIVE AND DIVERSE MIXED-INCOME COMMUNITIES FOR INDIVIDUALS AND FAMILIES.


RENTAL OPERATING: ACQUIRING AND OWNING UNITS OF AFFORDABLE HOUSING TO ACHIEVE THE GOAL OF STABILIZING RENTS, PREVENTING DISPLACEMENT, AND CREATING COMMUNITIES WHERE MODERATE TO LOW-INCOME RESIDENTS AND THEIR FAMILIES WANT TO BE.


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Ratner Salzberg
Vice-Chair
$0
David Roodberg
Chair
$0
Joshua Bernstein
Treasurer
$0
Kimberly Driggins
Secretary & Executive Director
$0
Charlene Drew Jarvis
Director
$0
Cary Hatch
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Berkadia Commercial Mortgage
Mortgage Holder
$525,300
Federal City Council
Office Rent
$490,936
Case Western Reserve University
Contract Consultation Services
$485,990
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,771,647
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,771,647
Total Program Service Revenue$19,190,841
Investment income $11,309
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $21,973,797

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Washington Housing Conservancy Inc has recieved totaling $930,006.

Awarding OrganizationAmount
Robert I Schattner Foundation Inc

Rockville, MD

PURPOSE: GENERAL SUPPORT

$500,000
Diane & Norman Bernstein Foundation

Washington, DC

PURPOSE: CHARITABLE

$100,000
Morris And Gwendolyn Cafritz Foundation

Washington, DC

PURPOSE: COMMUNITY SERVICE

$100,000
Greater Washington Community Foundation

Washington, DC

PURPOSE: GENERAL SUPPORT

$80,000
Truist Foundation Inc

Orlando, FL

PURPOSE: GENERAL OPERATING

$50,000
Alan And Amy Meltzer Family Foundation Inc

Silver Spring, MD

PURPOSE: CHARITABLE

$50,000
View Grant Recipient Profile

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