The Innovative Housing Institute Inc

EIN: 521977542 501(c)(3) Housing & Shelter

Baltimore, MD

Total Revenue
$340,116
Total Expenses
$347,057
Total Assets
$341,690
Net Assets
$310,055
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MD
Principal Officer
Samuel Jordan
Phone
4103329939
Tax Period
2023-01-01 to 2023-12-31

The Innovative Housing Institute Inc, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $340K in total revenue in fiscal year 2023.

Mission

IHI is a non-profit corporation providing technical assistance and professional support to local governments, private developers, housing agencies and community organizations. IHI works with these entities to assist in formulating and clarifying goals and provides necessary expertise and successful models to help achieve them.

Program Service Accomplishments

Program 1
Expenses: $259,475

Provides and encourages affordable housing in mixed income environments by ways of research and technical assistance nationally and in the Baltimore, Maryland area.

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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 (2023)

Revenue Breakdown

Contributions & Grants $340,116
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $340,116

Expense Breakdown

Grants Paid $17,078
Salaries & Benefits $231,768
Fundraising Expenses $0
Program Expenses $259,475
Other Expenses $98,211
TOTAL EXPENSES $347,057

Year-over-Year Comparison

2023 2022 Change
Revenue $340,116 $344,553 0.0%
Expenses $347,057 $331,809 +0.0%
Net Income $-6,941 $12,744 -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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
3
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
4
$93,148
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Samuel Jordan Executive Dir. 40.00
Officer
$93,148 $0 $93,148
Rev Hoffman BrownIII Director 1.00
Director
$0 $0 $0
Andre Robinson Vice President 1.00
Officer Director
$0 $0 $0
Tim O'Malley Secretary 1.00
Officer Director
$0 $0 $0
Rev Hayward Bradley Jr President 1.00
Officer Director
$0 $0 $0
Derrick Pryor Director 1.00
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 No data No data No data No data
2023 $340,116 $347,057 $341,690 $-6,941
2023 $340,116 $362,231 $100,999 $-22,115
2022 $344,553 $331,809 $324,020 $12,744
2021 $341,484 $326,589 $307,409 $14,895
2020 $369,727 $326,513 $442,310 $43,214
2019 $326,457 $328,347 $259,357 $-1,890
2018 $360,200 $346,988 $274,899 $13,212
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