NCBA HOUSING DEVELOPMENT CORPORATION OF DC

EIN: 521101506 501(c)(3) Housing & Shelter

WASHINGTON, DC

Total Revenue
$613,479
Total Expenses
$706,459
Total Assets
$31,903,623
Net Assets
$31,116,070
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
DC
Principal Officer
ELIAS HUSSEIN
Phone
2026378400
Tax Period
2024-07-01 to 2025-06-30

NCBA HOUSING DEVELOPMENT CORPORATION OF DC, founded in 1977, is a small nonprofit in the Housing & Shelter sector that reported $613K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $706K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE MISSION IS TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $613,479
Other Revenue $0
TOTAL REVENUE $613,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $614,027
Fundraising Expenses $0
Program Expenses $613,746
Other Expenses $92,432
TOTAL EXPENSES $706,459

Year-over-Year Comparison

2024 2023 Change
Revenue $613,479 $1,242,348 -0.5%
Expenses $706,459 $587,548 +0.2%
Net Income $-92,980 $654,800 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$73,649
Total Directors
13
$73,649
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAYRNE JONES NCBA PRESIDE 5.00
Officer Director
$73,649 $0 $73,649
RENEE BOVELLE DIRECTOR N/A
Director
$0 $0 $0
ZENOBIA BRYANT DIRECTOR N/A
Director
$0 $0 $0
WILLIAM CLYBURN DIRECTOR 1.00
Director
$0 $0 $0
WUHAN DANSBY CHAIRMAN 2.00
Officer Director
$0 $0 $0
CLAUDIA DAVIS DIRECTOR 1.00
Director
$0 $0 $0
VANESSA NORTHINGTO GAMBLE DIRECTOR N/A
Director
$0 $0 $0
MARY HARRIS DIRECTOR N/A
Director
$0 $0 $0
MICHELLLE LEVISTER DIRECTOR 1.00
Director
$0 $0 $0
DARLEN RICHESON DIRECTOR N/A
Director
$0 $0 $0
LUCIA RIDDLE DIRECTOR N/A
Director
$0 $0 $0
ANNE SIMPSON DIRECTOR 1.00
Director
$0 $0 $0
JOHN THOMPSON DIRECTOR N/A
Director
$0 $0 $0
ELIAS HUSSEIN NCBA VICE PR 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $613,479 $706,459 $31,903,623 $-92,980
2024 No data No data No data No data
2023 $1,199,739 $562,045 $33,184,503 $637,694
2022 $974,235 $632,278 $30,472,676 $341,957
2021 $957,201 $714,060 $29,967,144 $243,141
2020 $1,185,664 $564,575 $29,284,817 $621,089
2019 $1,540,111 $758,947 $28,670,505 $781,164
2018 $906,545 $822,804 $27,880,101 $83,741
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