Nht Communities
Nht Communities
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About this organization
Mission
NHT/ENTERPRISE'S MISSION IS TO PRESERVE AND IMPROVE OUR NATION'S SUPPLY OF DECENT, SAFE, AND AFFORDABLE MULTI-FAMILY HOUSING THROUGH ACQUISITION AND LONG-TERM STEWARDSHIP. THIS HOUSING IS A UNIQUE NATIONAL RESOURCE. IT PROTECTS AND ENHANCES THE WELL-BEING AND STABILITY OF THE LOW INCOME PERSONS AND FAMILIES WHO LIVE THERE, AND STRENGTHENS THE COMMUNITIES IN WHICH THEY LIVE. NHT/ENTERPRISE WAS FOUNDED BY THE NATIONAL HOUSING TRUST AND ENTERPRISE COMMUNITY PARTNERS, INC., BOTH WELL ESTABLISHED 501(C) (3) NONPROFIT ORGANIZATION WHOSE WORK IS NATIONAL IN SCOPE.NHT/ENTERPRISE WORKS TO PRESERVE AND IMPROVE AFFORDABLE HOUSING FOR LOW-INCOME PERSONS AND FAMILIES THROUGH:-DIRECT ACQUISITION OF MULTIFAMILY HOUSING DEVELOPMENTS;-LONG-TERM RENT AFFORDABILITY;-CREATION OF RESIDENT SERVICES PROGRAMS AND IMPROVEMENT OF EXISTING RESIDENT SERVICES;-AN EMPHASIS ON PHYSICAL REHABILITATION OF PROPERTIES IT PURCHASES.
About
NHT-ENTERPRISE PRESERVATION CORPORATION IS A 501(C)(3) NON-PROFIT AFFORDABLE HOUSING DEVELOPMENT COMPANY BASED IN WASHINGTON, D.C. WHOSE MISSION IS TO PRESERVE, IMPROVE AND DEVELOP AFFORDABLE, MULTIFAMILY HOUSING. FOR NHT-ENTERPRISE, THERE ARE FOUR CRITICAL ELEMENTS THAT MUST BE INCLUDED IN EVERY PRESERVATION OR DEVELOPMENT EFFORT: 1.) SECURING LONG-TERM AFFORDABILITY; 2.) DEVELOPING SOUND BUILDINGS, OR ADDRESSING EXISTING PHYSICAL AND CAPITAL NEEDS; 3.) INCORPORATING SUSTAINABLE/GREEN BUILDING PRACTICES, AND; 4.) MAINTAINING OR INCORPORATING RESIDENT SERVICES AND COMMUNITY PROGRAMS.
Interesting data from their 2019 990 filing
The purpose of the non-profit, as set forth in the filing, is “To preserve the existing stock of housing throughout the united states for long-term low and moderate income use.”.
When discussing its purpose, they were characterized as: “Nht/enterprise's mission is to preserve and improve our nation's supply of decent, safe, and affordable multi-family housing through acquisition and long-term stewardship. this housing is a unique national resource. it protects and enhances the well-being and stability of the low income persons and families who live there, and strengthens the communities in which they live. nht/enterprise was founded by the national housing trust and enterprise community partners, inc., both well established 501(c) (3) nonprofit organization whose work is national in scope.nht/enterprise works to preserve and improve affordable housing for low-income persons and families through:-direct acquisition of multifamily housing developments;-long-term rent affordability;-creation of resident services programs and improvement of existing resident services;-an emphasis on physical rehabilitation of properties it purchases.”.
- The state in which the non-profit is legally authorized to operate is DC, as reported.
- The filing confirms that the non-profit's address in 2019 was 1101 30TH ST NW 100A, WASHINGTON, DC, 20007.
- The form of the non-profit reports 0 employees as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $4,203,595.
- The organization has 4 independent voting members.
- The organization was formed in 1999.
- The organization pays $442,986 in salary, compensation, and benefits to its employees.
- The organization pays $107,686 in fundraising expenses.