THE NHP FOUNDATION (EIN 521636004) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

ALLA ELEON

Phone

6463364940

Tax Period

2023-01-01 to 2023-12-31

THE NHP FOUNDATION, founded in 1989, is a mid-sized nonprofit in the Housing & Shelter sector that reported $74.5M in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $38.3M, a strong 51% operating margin.

Mission

THE NHP FOUNDATION IS A NONPROFIT DEDICATED TO MAKING INVESTMENTS TO PRESERVE & CREATE AFFORDABLE MULTIFAMILY HOUSING FOR LOW-TO-MODERATE INCOME FAMILIES & SENIORS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $23,342,714

Program Service Revenue $26,798,217

Investment Income $24,394,122

Other Revenue $0

TOTAL REVENUE $74,535,053

Expense Breakdown

Grants Paid $430,946

Salaries & Benefits $13,235,005

Fundraising Expenses $0

Program Expenses $26,072,528

Other Expenses $22,548,981

TOTAL EXPENSES $36,214,932

Year-over-Year Comparison

	2023	2022	Change
Revenue	$74,535,053	$48,789,999	+0.5%
Expenses	$36,214,932	$33,419,964	+0.1%
Net Income	$38,320,121	$15,370,035	+1.5%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$3,766,653

Total Directors

$717,652

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM WEERS	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARU SINGH	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERIE SANTOS-WUEST	BOARD MEMBER	1.00	Director	$0	$0	$0
GLYNNA K CHRISTIAN	BOARD MEMBER	1.00	Director	$0	$0	$0
GRACE TORRES	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA DIAZ DENNIS	BOARD MEMBER	1.00	Director	$0	$0	$0
RALPH F BOYD JR	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
RICHARD F BURNS	CEO & BOARD MEMBER	20.00	Officer Director	$699,998	$17,654	$717,652
ROBERT H ABRAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH E FEINBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELDON L SCHREIBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS A CARR	BOARD MEMBER	1.00	Director	$0	$0	$0
ALLA ELEON	SVP, CAO, & TREASURER	20.00	Officer	$324,423	$24,598	$349,021
ERIC PRICE	SENIOR VP	20.00	Officer	$499,038	$0	$499,038
FRED MITCHELL	SENIOR VP	35.00	Officer	$280,000	$10,435	$290,435
JOHN WELSH	SENIOR VICE PRESIDENT	20.00	Officer	$365,000	$21,482	$386,482
JOSEPH P WIEDORFER	SENIOR VP	20.00	Officer	$329,615	$21,122	$350,737
MANSUR ABDUL-MALIK	SENIOR VICE PRESIDENT	20.00	Officer	$288,289	$9,741	$298,030
STEPHEN GREEN	EVP & CIO	20.00	Officer	$530,000	$37,708	$567,708
THOMAS G VACCARO	SENIOR VP & CORPORATE SECR	20.00	Officer	$273,654	$33,896	$307,550
CARLOS GONZALES	SENIOR VICE PRESIDENT	20.00	Highest	$295,906	$0	$295,906
MECKY ADNANI	SVP, ACQUISITIONS	35.00	Highest	$335,346	$25,729	$361,075
NEAL DROBENARE	SVP, ACQUISITIONS/PROSPECT	34.00	Highest	$349,231	$9,771	$359,002
SCOTT BARKAN	VP, SENIOR PROJECT MANAGER	35.00	Highest	$297,306	$19,251	$316,557

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
2024	No data	No data	No data	No data
2023	$74,535,053	$36,214,932	$426,582,552	$38,320,121
2022	$48,789,999	$33,419,964	$301,329,471	$15,370,035
2021	$98,614,983	$77,105,994	$288,555,579	$21,508,989
2020	$32,236,005	$34,308,053	$289,778,753	$-2,072,048
2019	$21,427,453	$25,789,554	$188,390,325	$-4,362,101
2019	$21,427,453	$25,789,554	$188,390,325	$-4,362,101
2018	$28,204,017	$26,831,617	$173,695,038	$1,372,400
2018	$28,204,017	$26,831,617	$173,695,038	$1,372,400

THE NHP FOUNDATION