Coalition for Nonprofit Housing and

EIN: 521750323 501(c)(3) Housing & Shelter

Washington, DC

Total Revenue
$6,274,175
Total Expenses
$9,273,554
Total Assets
$6,679,309
Net Assets
$5,327,308
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
DC
Principal Officer
Stephen Glaude
Phone
2027450902
Tax Period
2024-01-01 to 2024-12-31

Coalition for Nonprofit Housing and, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $6.3M in total revenue in fiscal year 2024. Revenue surged 142% from the prior year, signaling strong growth momentum. Expenses of $9.3M exceeded revenue, resulting in a 48% operating deficit.

Mission

CNHED has achieved successes that combines effective advocacy, policy making, public education, capacity building, information and analysis, and engages members and allies in a practical manner to help ensure that low-income residents have housing and economic opportunities.

Program Service Accomplishments

Program 1
Expenses: $3,200,000

Connecting Capital and Community(3C) initiative: Launched in 2022, the Connecting Capital and Community Initiative (3C) is a multi-sector initiative to advance equitable housing results for...

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Connecting Capital and Community(3C) initiative: Launched in 2022, the Connecting Capital and Community Initiative (3C) is a multi-sector initiative to advance equitable housing results for low-to-moderate-income families and individuals living in DC. Under this initiative, The Coalition and its collaborative partners, the National Housing Trust, Housing Counseling Services, Medici Road, and the DC Department of Housing and Community Development (DHCD), aim to decrease the displacement of residents and build wealth by increasing the supply of affordable 549-unit rental housing properties, and building pathways for tenants to become resident owners of smaller, 2-4- unit properties. The Coalition believes employs a holistic systems change approach throughout its initiatives and programming. As an ecosystem connector, The Coalition leverages its unique position to convene, inform, and amplify the collective force of the 3C partners. 3C is built on a platform where our partners share insights, learn from current experiences, and strategize for future action, ensuring a systems-level approach to advancing equitable housing results.

Program 2
Expenses: $2,500,000

Amazon Senior Home Stabilization Program: Many senior citizens in the District delay investing in home repairs that will save them money in the long run. Eventually, ignored repairs reduce the value...

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Amazon Senior Home Stabilization Program: Many senior citizens in the District delay investing in home repairs that will save them money in the long run. Eventually, ignored repairs reduce the value of the home and end up costing a small fortune to address. Despite the long-term savings of investments such as weather stripping, dual pane windows, and insulation, which all reduce energy consumption and cost, senior homeowners often do not have the flexible income to support these repairs, and the fixes are postponed. The accumulation of these home maintenance costs overwhelms owners with fixed incomes, often forcing them to sell or transfer ownership.

Program 3
Expenses: $1,205,000

DC Community Anchor Partnership: The Coalitions DC Community Anchor Partnership (DCAP) is a collaborative of local anchor institutions hospitals, universities, and utility companies harnessing their...

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DC Community Anchor Partnership: The Coalitions DC Community Anchor Partnership (DCAP) is a collaborative of local anchor institutions hospitals, universities, and utility companies harnessing their purchasing power to grow DC-based small- and medium-sized businesses. Led by The Coalition and co-convened with the Deputy Mayor for Planning and Economic Development (DMPED), DCAP works with its Anchor Members. The hospitals and universities in the District of Columbia collectively spend more than $2B on goods and services every year, but a small percentage goes to locally owned DC businesses. This perpetuates the lack of diversity and competition in the Districts procurement ecosystem.ngineer institutional procurement systems to cultivate a more vibrant and competitive contracting ecosystem. DCAP Solution Increased procurement with DC-based small businesses, through DCAP, will create jobs, boost incomes, and generate wealth for District residents, supporting institutional corporate objectives and advancing inclusive prosperity in the District of Columbia.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,129,178
Program Service Revenue $34,625
Investment Income $97,770
Other Revenue $12,602
TOTAL REVENUE $6,274,175

Expense Breakdown

Grants Paid $4,058,243
Salaries & Benefits $2,414,786
Fundraising Expenses $238,436
Program Expenses $7,494,699
Other Expenses $2,800,525
TOTAL EXPENSES $9,273,554

Year-over-Year Comparison

2024 2023 Change
Revenue $6,274,175 $2,593,485 +1.4%
Expenses $9,273,554 $4,548,342 +1.0%
Net Income $-2,999,379 $-1,954,857 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
13
Volunteers
30

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
$337,029
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephen Glaude President and CEO 40.00
Officer
$309,575 $27,454 $337,029
Jherrica Spikes Chief Operating Officer 40.00
Highest
$239,958 $22,855 $262,813
Evette Banfield Chief Economic Development Officer 40.00
Highest
$199,225 $22,554 $221,779
Phillip Berkaw Sr Director DCAP 40.00
Highest
$176,466 $6,720 $183,186
Halley Holmes Sr Director Community 40.00
Highest
$165,292 $12,065 $177,357
Ryan Trout Chief Housing Officer 40.00
Highest
$112,500 $9,266 $121,766
Adam Maier Director 1.00
Director
$0 $0 $0
Juan Pablo Vacatello Director 1.00
Director
$0 $0 $0
Chapman Todd Treasurer 2.00
Director
$0 $0 $0
Jim Dickerson Director 1.00
Director
$0 $0 $0
Louis Freeman Director 1.00
Director
$0 $0 $0
Oscar Maccio Director 1.00
Director
$0 $0 $0
Susanne Slater Director 1.00
Director
$0 $0 $0
Venus Little Director 1.00
Director
$0 $0 $0
Stacie Birenbach Director 1.00
Director
$0 $0 $0
Stanley Jackson Director 1.00
Director
$0 $0 $0
Veronica Wright Secretary 2.00
Director
$0 $0 $0
Emi Reyes Director 1.00
Director
$0 $0 $0
Kenneth Bruton Director 1.00
Director
$0 $0 $0
Shauna Yeldell Director 1.00
Director
$0 $0 $0
Philip Hecht Chair 4.00
Officer Director
$0 $0 $0
Olive Idehen Vice Chair 2.00
Officer Director
$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
2024 $6,274,175 $9,273,554 $6,679,309 $-2,999,379
2023 $2,593,485 $4,548,342 $9,670,135 $-1,954,857
2022 $9,768,631 $3,068,396 $11,733,915 $6,700,235
2021 $4,090,125 $2,198,463 $3,845,887 $1,891,662
2020 $2,420,274 $1,943,545 $2,105,989 $476,729
2019 $1,841,697 $1,595,848 $1,413,043 $245,849
2018 $1,769,487 $1,625,083 $1,052,928 $144,404
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