2019-12-10T14:51:08-06:00 2018-12-31 471767422 TOOLE KATZ & ROEMERSMA LLP 1911 N FORT MYER DRIVE SUITE 600 ARLINGTON VA 22209 990 2018-01-01 521665967 NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC NATI 3019980400 11810 GRAND PARK AVENUE NO 600 NORTH BETHESDA MD 20852 TODD TRAVIS MANAGING MEMBER 3019980400 2019-12-10 1 ANDREW KATZ P01284429 7032489200 208.82.213.106 2019-12-10 14:44:29 ES P BB12664BE1E3D4BC08488640412F20C0F7A39D48 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-04-17 16:48:07Z X TODD TRAVIS 11810 GRAND PARK AVENUE 600 NORTH BETHESDA MD 20852 19640053 0 X HTTPS://FOUNDATIONHOUSING.COM/ X 1990 DC THE FOUNDATION IS DEDICATED TO PRESERVING THE NATION'S EXISTING ASSISTED RENTAL HOUSING STOCK AND IS COMMITTED TO PROVIDING THE UNDERSERVED POPULATION WITH SOLUTIONS AND BETTER ACCESS TO DECENT, SAFE AND WELL-MANAGED AFFORDABLE HOUSING AND COMMUNITY PROGRAMS AND SERVICES. 8 8 24 0 0 11000 6396110 6790738 2180293 5986671 3164172 6862644 0 0 11740575 19640053 469700 349750 0 0 2466409 3541383 0 0 0 3209537 20781444 6145646 24672577 5594929 -5032524 146515674 180353578 22154902 61025330 124360772 119328248 X THE FOUNDATION IS DEDICATED TO PRESERVING THE NATION'S EXISTING ASSISTED RENTAL HOUSING STOCK AND IS COMMITTED TO PROVIDING THE UNDERSERVED POPULATION WITH SOLUTIONS AND BETTER ACCESS TO DECENT, SAFE AND WELL-MANAGED AFFORDABLE HOUSING AND COMMUNITY PROGRAMS AND SERVICES. 0 0 24374564 349750 12849315 THE EO RESEARCHES VARIOUS APPROACHES TO PRESERVE OUR NATION'S SUPPLY OF ADEQUATE AFFORDABLE HOUSING. IT SPEAKS AND DEALS WITH INDUSTRY LEADERS, CREATES FINANCIAL MODELS AND PREPARES VARIOUS POSITION REMARKS. IT ALSO FACILITATES NON-PROFIT OWNERSHIP OF AFFORDABLE HOUSING. IN ADDITION, IT CREATES 509(A)(3) ORGANIZATIONS THAT ACQUIRE AFFORDABLE LOW-INCOME HOUSING. 24374564 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 24 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MD X TODD TRAVIS 3019980401 11810 GRAND PARK AVENUE NO 600 NORTH BETHESDA MD 20852 GREGORY O'DELL DIRECTOR 0.00 X 0 0 0 BERNARD BEAL DIRECTOR 0.00 X 0 0 0 MARK WELLER DIRECTOR 0.00 X 0 0 0 JASON GOLDBLATT CEO AND CHAIRMAN 40.00 X 360000 0 0 JON SHIFFMAN DIRECTOR 0.00 X 0 0 0 BENJAMIN M SOTO DIRECTOR 0.00 X 0 0 0 TODD TRAVIS PRESIDENT AND COO 40.00 X 300000 0 0 RANDALL KELLY VP AND GENERAL COUNSEL 40.00 X 230000 0 0 JANET CHARLTON VICE PRESIDENT 40.00 X 264000 0 0 1154000 0 0 5 0 1 0 EAGLE BANK 7815 WOODMONT AVENUE BETHESDA MD 20814 INVESTMENT 2125478 FEDERAL REALTY INVESTMENT TRUST PO BOX 8500 PHILADELPHIA PA 19178 INVESTMENT 471279 BDR ENTERPRISES LLC 26449 SOLEM MINOR HILL ROAD LESTER AL 35647 MAINTENANCE 386785 COHNREZNICK LLP 7501 WISCONSIN AVENUE STE 400E BETHESDA MD 20814 ACCOUNTING SERVICES 250475 CORE AFFORDABLE LLC 470 S MARKET STREET SAN JOSE CA 95113 GENERAL CONTRACTING 250000 11 6790738 6790738 SUPPORTING ORGAN FEE INCOME 531110 3863588 3863588 INTEREST NOTE RECEIVABLE 511110 1811128 1811128 OTHER REVENUE 511110 290805 290805 OTHER INTEREST 511110 21150 21150 5986671 6862644 0 6862644 6862644 6862644 19640053 12849315 0 0 349750 349750 2784853 2784853 338750 338750 244540 244540 173240 173240 73940 73940 32205 32205 258859 258859 249799 249799 50047 50047 2270041 2270041 144357 144357 19248 19248 SUPPORTING ORGAN EXPENS 16595123 16595123 CONSULTING 922195 922195 OTHER EXPENSES 160073 18252 141821 NON-REIMBURSABLE COSTS 5557 5557 24672577 24374564 298013 0 21712156 25709199 11261445 16073582 41466225 41288310 1913038 840296 1197247 1072742 59448803 84278463 11429798 11931282 146515674 180353578 1219082 5730529 509445 485880 20426375 54808921 22154902 61025330 X 124360772 119328248 124360772 119328248 146515674 180353578 -5032524 0 X 0 1 X 1 0 X 3922361 12735906 20983916 6396110 6790738 50829031 11746032 17412417 9764050 5310307 3863588 48096394 15668393 30148323 30747966 11706417 10654326 98925425 0 0 0 98925425 32096 32424 29460 34158 21150 149288 32096 32424 29460 34158 21150 149288 15700489 30180747 30777426 11740575 10675476 99074713 0.99850 0.00150 X 1661277 607041 1054236 251761 233255 18506 1072742 INVESTMENTS 84278463 C 84278463 ACQUISITION FEE (NET OF AMORTIZATION) 42626 INTEREST RECEIVABLE 8156815 DEPOSITS 3731841 11931282 FIN 48 DISCLOSURE: THE FOUNDATION APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE TAX YEAR ENDED DECEMBER 31, 2018. DUE TO ITS TAX-EXEMPT STATUS, THE FOUNDATION IS NOT SUBJECT TO INCOME TAXES. THE FOUNDATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. NONE OF THE SUBSIDIARY ENTITIES HAD UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2018. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE FOUNDATION HAS NO OTHER TAX POSITIONS WHICH MUCT BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED THE IRS, TAX YEARS SINCE 2015 REMAIN OPEN. 1 CASEY CARES FOUNDATION INC 3918 VERO ROAD SUITE C BALTIMORE MD 21227 522259802 501(C)(3) 35000 ASSISTING CRITICALLY ILL CHILDREN AND FAMILIES THE LEUKEMIA & LYMPHOMA SOCIETY RESEARCH FOUNDATION 3601 EISENHOWER AVENUE STE 450 ALEXANDRIA VA 22304 135644916 501(C)(3) 5000 HEALTHCARE FRIENDS OF WEST HOLLYWOOD ELEMENTARY 970 N HAMMOND DRIVE WEST HOLLYWOOD CA 90069 383708391 501(C)(3) 7500 EDUCATION LA CONSERVATION CORPS PO BOX 861658 LOS ANGELES CA 90086 954003138 501(C)(3) 10000 HABITAT RESTORATION PROJECTS ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVE FLOOR 17 CHICAGO IL 60601 133039601 501(C)(3) 2500 HEALTHCARE DUKE UNIVERSITY 324 BLCKWLL ST WASH BLDG STE 850 DURHAM NC 27701 571211099 501(C)(3) 10000 EDUCATION NEW COMMUNITY CORPORATION 233 WEST MARKET STREET NEWARK NJ 07103 221911104 501(C)(3) 5000 HELP RESIDENTS OF INNER CITIES IMPROVE THE QUALITY OF THEIR LIVES THE UCLA FOUNDATION 10920 WILSHIRE BLVD STE 900 LOS ANGELES CA 90024 952250801 501(C)(3) 35000 EDUCATION ANTI-DEFAMATION LEAGUE 605 THIRD AVENUE NEW YORK NY 10158 131818723 501(C)(3) 5000 STOP ANTI-SEMITISM THE COMMUNITY FOUNDATION 1325 G STREET NW STE 480 WASHINGTON DC 20005 237343119 501(C)(3) 5000 ENHANCE THE QUALITY OF LIFE IN THE DISTRICT OF COLUMBIA, MONTGOMERY COUNTY, NORTHERN VIRGINIA, AND PRINCE GEORGE'S COUNTY MOST VALUABLE KIDS INC 11126 STEPHALEE LANE ROCKVILLE MD 20852 010637743 501(C)(3) 5000 BRING INSPIRATION TO UNDERSERVED CHILDREN IN THE WASHINGTON, DC METROPOLITAN AREAS ALAMEDA HEALTH SYSTEM FOUNDATION 350 FRANK H OGAWA PLAZA STE 900 OAKLAND CA 94612 942951736 501(C)(3) 3000 HEALTHCARE SARAH'S CIRCLE INC 2551 17TH ST NW STE 103 WASHINGTON DC 20009 363043662 501(C)(3) 10000 PROVIDE HOUSING AND COMPREHENSIVE SERVICES FOR VERY LOW-INCOME SENIORS AMERICAN FOR THE ARTS INC 1000 VERMONT AVENUE NW 6TH FLOOR WASHINGTON DC 20005 521996467 501(C)(3) 1000 CULTIVATE, PROMOTE, SUSTAIN, AND SUPPORT THE ARTS IN AMERICA LEARNING LAB VENTURES INC 840 N AVENUE 66 LOS ANGELES CA 90042 821727821 501(C)(3) 25000 TO DISRUPT GENERATIONAL POVERTY THROUGH AFTER-SCHOOLD EDUCATION AND ENRICHMENT ARLINGTON PARTNERSHIP FOR AFFORADBLE HOUSING 4318 N CARLIN SPRINGS ROAD ARLINGTON VA 22203 541515133 501(C)(3) 5000 AFFORDABLE HOUSING ASSISTANCE WELLNESS FOUNDATION PO BOX 1141 SAG HARBOR NY 11963 203265442 501(C)(3) 25000 EMPOWER CHILDREN AND ADULTS TO TAKE CONTROL OF THEIR HEALTH AND BUILD A COMMUNITY WHERE HEALTHY CHOICES ARE ACCESSIBLE AND AFFORDABLE YOUTH ART FOR HEALING PO BOX 30183 BETHESDA MD 20824 455244337 501(C)(3) 1000 BRING WORKS OF ART CREATED BY YOUTH INTO HEALTHCARE ENVIRONMENTS TO PROVIDE A SENSE OF COMFORT, INSPIRATION AND HEALING FOR PATIENTS AND THEIR LOVED ONES, AND HEALTHCARE PROFESSIONALS HOPE IN A SUITCASE 311 N ROBERTSON BLVD 715 BEVERLY HILLS CA 90211 475071911 501(C)(3) 10000 BENEFIT FOSTER CHILDREN SIFMA FOUNDATION 120 BROADWAY 35TH FLOOR NEW YORK NY 10271 521087193 501(C)(3) 2000 FOSTER KNOWLEDGE AND UNDERSTANDING OF THE FINANCIAL MARKETS FOR INDIVIDUALS OF ALL BACKGROUNDS METRO-MANHATTAN COMMUNITY FOUNDATION INC PO BOX 5916 ENGLEWOOD NJ 07631 134186074 501(C)(3) 3250 PROVIDE OPPORTUNITIES FOR COLLABORATION WITH THE CORPORATE COMMUNITY KIPP NYC INC 470 SEVENTH AVENUE 10TH FLOOR NEW YORK NY 10018 203971209 501(C)(3) 1000 DEVELOP, MANAGE AND LEASE PUBLIC SCHOOL FACILITIES FOR KIPP SCHOOLS IN NEW YORK CITY DC PUBLIC EDUCATION FUND 3407 14TH STREET NW WASHINGTON DC 20010 261607955 501(C)(3) 5000 EDUCATION COLLEGE TRACK 112 LINDEN STREET OAKLAND CA 94607 943279613 501(C)(3) 5000 EMPOWER STUDENTS FROM UNDERSERVED COMMUNITIES TO GRADUATE FROM COLLEGE STRONG CITY BALTIMORE INC 3503 N CHARLES STREET BALTIMORE MD 21218 520897806 501(C)(3) 2000 PROVIDE FINANCIAL MANAGEMENT AND STRATEGIC SUPPORTS THAT EMPOWER GRASSROOTS LEADERS TO CARRY OUT THEIR VISION OF COMMUNITY CHANGE DARIUS GLOVER INC 6960 CHESWICK DRIVE RIVERDALE GA 30296 352470801 501(C)(3) 2000 HEALTH/WELLNESS FUSION PARTNERSHIPS INC 1601 GUILFORD AVE BALTIMORE MD 21202 522148413 501(C)(3) 6000 COMMUNITY EDUCATION, ACTIVISM AND INCUBATION SERVICES CATHERINE'S FAMILY AND YOUTH SERVICES PO BOX 11580 BALTIMORE MD 21229 473335842 501(C)(3) 2000 IMPROVE THE QUALITY OF LIFE FOR ALL THE RESIDENTS LIVING IN NORTHWEST BALTIMORE CITY AND SURROUNDING AREAS CHERRY HILL EAGLES FOUNDATION 926 BRIDGEVIEW RD STE 101 BALTIMORE MD 21225 471063964 501(C)(3) 2000 EMPOWER THE YOUTH AND ENHANCE THEIR SUCCESS IN LIFE MINDFUL MENTORS INC 11901 TARRAGON ROAD UNIT E REISTERSTOWN MD 21136 463853554 501(C)(3) 2000 EDUCATION OUT FOR JUSTICE INC PO BOX 33468 BALTIMORE MD 21218 452482209 501(C)(3) 2000 ADVOCATE FOR THE REFORM OF POLICIES AND PRACTICES THAT ADVERSELY AFFECT SUCCESSFUL REINTEGRATION INTO SOCIETY DRINK AT THE WELL INC 4710 PENNINGTON AVENUE BALTIMORE MD 21226 900975599 501(C)(3) 2000 TRANSFORM LIVES THROUGH LONG TERM RELATIONSHIPS, PRACTICAL PROGRAMS, AND THE HEALING POWER OF LOVE THE SIXTH BRANCH INC 1400 GREENMOUNT AVE F03 BALTIMORE MD 21202 272516396 501(C)(3) 2000 TRANSFORM VACANT LOTS INTO NEW AND VITAL COMMUNITY GREEN SPACES AS WELL AS PROVIDE SUPPORT TO BALTIMORE CITY PUBLIC SCHOOLS WEST HILLS COMMUNITY IMPROVEMENT CORPORATION 5720 NARCISSUS AVE BALTIMORE MD 21215 522330822 501(C)(3) 2000 HUMAN SERVICES - MULTIPURPOSE MARYLAND ART PLACE INC 218 WEST SARATOGA STREET FLOOR 2 BALTIMORE MD 21201 521210213 501(C)(3) 2000 DEVELOP AND MAINTAIN AN ENVIRONMENT FOR ARTISTS TO EXHIBIT THEIR WORK AND FACILITATE EXCHANGES BETWEEN ARTISTS AND THE PUBLIC THROUGH EDUCATIONAL LEADERSHIP COMMUNITIES IN SCHOOLS OF LOS ANGELES INC 2000 AVENUE OF STARS LOS ANGELES CA 90067 260404220 501(C)(3) 15000 STRATEGICALLY ALIGN AND DELIVER NEEDED RESOURCES SO THAT STUDENTS CAN FOCUS ON LEARNING FIGHT FOR CHILDREN INC 1029 VERMONT AVE NW STE 300 WASHINGTON DC 20005 521706059 501(C)(3) 10500 PROVIDE AT-RISK CHILDREN IN WASHINGTON, DC WITH ACCESS TO HIGH QUALITY YOUTH SPORTS OPPORTUNITIES JDRF RIDE TO CURE DIABETES 26 BROADWAY 14TH FLOOR NEW YORK NY 10004 465696868 501(C)(3) 5000 HEALTHCARE RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC 701 OKEECHOBEE BLVD WEST PALM BEACH FL 33401 592245054 501(C)(3) 10000 SUPPORT THE PERFORMING ARTS COMMUNITY ELIZABETH GLASER PEDIATRIC AIDS FOUNDATION 1140 CONNECTICUT AVENUE NW STE 200 WASHINGTON DC 20036 954191698 501(C)(3) 50000 PREVENT PEDIATRIC HIV INFECTION AND ERADICATE PEDIATRIC AIDS THROUGH RESEARCH, ADVOCACY, PREVENTION AND TREATMENT PROGRAMS EAGLEBANK FOUNDATION INC CO GOLD CLASSIC 7815 WOODMONT AVENUE BETHESDA MD 20814 920195178 501(C)(3) 12000 BREAST CANCER RESEARCH X X 0 0 0 0 0 0 0 0 1 0 JASON GOLDBLATT CEO AND CHAIRMAN 300000 0 0 0 60000 0 0 0 0 0 360000 0 0 0 TODD TRAVIS PRESIDENT AND COO 250000 0 0 0 50000 0 0 0 0 0 300000 0 0 0 RANDALL KELLY VP AND GENERAL COUNSEL 200000 0 0 0 30000 0 0 0 0 0 230000 0 0 0 JANET CHARLTON VICE PRESIDENT 240000 0 0 0 24000 0 0 0 0 0 264000 0 0 0 PART I, LINE 8 PRIOR TO JANET CHARLTON BECOMING A FOUNDATION EMPLOYEE, THE NFAHS BOARD OF DIRECTORS AND THE PERTINENT STATE HOUSING FINANCE AGENCIES HAD APPROVED THE PARTICIPATION OF AN ENTITY IN WHICH CHARLTON HAD AN INTEREST AS THE DEVELOPER FOR THREE (3) LIHTC REDEVELOPMENT TRANSACTIONS. DURING 2010 - 2013, PAYMENTS OF DEVELOPMENT FEES WERE MADE FOR SERVICES RENDERED TO THREE (3) LIMITED PARTNERSHIPS IN WHICH AFFILIATES OF THE NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS, INC. SERVE AS GENERAL PARTNER OR MANAGING PARTNER. SUCH FEES WERE PAID FOR SERVICES RENDERED PRIOR TO 2010 - 2013 AND WERE PAID FROM INVESTOR EQUITY CONTRIBUTED TO SUCH PARTNERSHIPS BY UNRELATED THIRD-PARTY TAX CREDIT INVESTORS. THE DEVELOPMENT FEES PAID IN EACH TRANSACTION ARE SUBJECT TO CERTAIN FEDERAL AND STATE GOVERNMENTAL LIMITATIONS AS TO GROSS AMOUNT AND SCHEDULE FOR PAYMENTS FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, FORM 990 IS VETTED BY MEMBERS OF THE EXECUTIVE COMMITTEE AND THIRD PARTY LEGAL AND ACCOUNTING PERSONNEL. FINAL APPROVAL IS THEN GIVEN BY THE CHAIRMAN OF THE BOARD AFTER HIS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AN AFFIRMATIVE SIGNED STATEMENT OF NO CONFLICTS IS REQUIRED, AND WHERE APPLICABLE, A WRITTEN DISCLOSURE OF ANY KNOWN CONFLICTS IS REQUIRED. CONFLICTS ARE DISCLOSED AND BOARD MEMBERS ARE RECUSED, AS NEEDED, ON A TRANSACTIONAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS AND MAKES DECISIONS WITH A THIRD PARTY COMPENSATION REPORT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE DURING NORMAL BUSINESS HOURS UPON REQUEST. FORM 990, PART 1, VII & X AMENDED RETURN IS BEING FILED TO CORRECTLY REPORT THE BEGINNING REVENUE, EXPENSE AND BALANCE SHEET INFORMATION AS OF 1/1/2018 AND TO CORRECTLY REPORT COMPENSATION OF KEY EMPLOYEES.