NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES (EIN 52-1293119)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-13
- IRS object ID
- 201333179349302183
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-13T10:00:16-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCQUADE BRENNAN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 RHODE ISLAND AVE NW STE 800 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 200363114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521293119 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASSOCIATION OF LOCAL HOUSING | BusinessNameLine1 |
| Business Name Line2 | FINANCE AGENCIES | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ASSO | NameControl |
| Phone | 2023671197 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2025 M STREET NW | AddressLine1 |
| Address Line2 | ROOM/SUITE 800 | AddressLine2 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN MURPHY | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 2023671197 | Phone |
| Date Signed | 2013-11-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HEATHER JONES | Name |
| Phone | 2022963306 | Phone |
| Date Prepared | 2013-11-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN MURPHY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2025 M STREET NW | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 455931 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NALHFA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1982 | YearFormation |
| State Legal Domicile | DC | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE LEADERSHIP, ADVOCACY & INNOVATION TO PROFESSIONALS FINANCING AFFORDABLE HOUSING AT THE LOCAL LEVEL. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 547996 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 455764 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 330 | InvestmentIncomePriorYear |
| Investment Income Current Year | 167 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 548326 | TotalRevenuePriorYear |
| Total Revenue Current Year | 455931 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 498673 | OtherExpensePriorYear |
| Other Expenses Current Year | 498602 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 498673 | TotalExpensesPriorYear |
| Total Expenses Current Year | 498602 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 49653 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -42671 | RevenuesLessExpensesCY |
| Total Assets BOY | 340453 | TotalAssetsBOY |
| Total Assets EOY | 253561 | TotalAssetsEOY |
| Total Liabilities BOY | 49800 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5579 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 290653 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 247982 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE LEADERSHIP, ADVOCACY & INNOVATION TO PROFESSIONALS FINANCING AFFORDABLE HOUSING AT THE LOCAL LEVEL. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | ANNUAL EDUCATIONAL CONFERENCE - PRIOR TO 2011, THE ASSOCIATION OFFERED TWO EDUCATION CONFERENCES FOR MEMBERS TO CONVENE AND SHARE INFORMATION AND DISSEMINATE THEIR KNOWLEDGE OF AFFORDABLE HOUSING FINANCE. DURING 2011 AND 2012, THE ASSOCIATION ONLY OFFERED THE ANNUAL CONFERENCE TO FOCUS ON ONE EVENT. THE CONFERENCE PROVIDES A FOCUSED ENVIRONMENT TO GAIN CUTTING-EDGE INFORMATION ON AFFORDABLE HOUSING FINANCING METHODS AND PRACTICES. THERE ARE SESSIONS FOR PROFESSIONALS AT ALL LEVELS OF THEIR ORGANIZATIONS AND IN MANY ASPECTS OF AFFORDABLE HOUSING FINANCE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PUBLICATIONS - THE ASSOCIATION PROVIDED VARIOUS PUBLICATIONS AND PROFESSIONAL RESOURCE CATALOGS ON EDUCATIONAL TOOLS FOR HOUSING PROFESSIONALS FINANCING AFFORDABLE HOUSING AT THE LOCAL LEVEL. PUBLICATIONS RANGE FROM THE BASIC MANUALS, SUCH AS THE ABCS OF HOUSING BONDS AND BONDS FOR BEGINNERS, TO THE MORE ADVANCED TAX CREDITS FOR LOW-INCOME HOUSING. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Subject To Proxy Tax | true | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | true | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITHBUCKLIN CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2023671197 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2025 M STREET NW SUITE 800 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| VIVIAN BENJAMIN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| TOM CUMMINGS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| OLSON LEE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| WD MORRIS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| HARRY SEWELL | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MTUMISHI ST JULIEN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MARK ULFERS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| RON WILLIAMS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JIM SHAW | ||||||
| PRESIDENT | 2.00 | X | 0 | 0 | 0 | X |
| ERNESTINE GAREY | ||||||
| VICE PRESIDE | 2.00 | X | 0 | 0 | 0 | X |
| MARC JAHR | ||||||
| SECRETARY | 2.00 | X | 0 | 0 | 0 | X |
| PAULA SAMPSON | ||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | X |
| PAT BRAYNON | ||||||
| PAST PRESIDE | 2.00 | X | 0 | 0 | 0 | X |
| MERCEDES MARQUEZ | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JOHN MURPHY | ||||||
| EXECUTIVE DI | 20.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITHBUCKLIN CORPORATION | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2025 M STREET NW SUITE 800 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | MGMNT SERVICES | DescriptionOfServices |
| Compensation | 383165 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MEMBERSHIP DUES | 900099 | 242875 | 242875 |
| SPRING CONFERENCE | 900099 | 197670 | 197670 |
| BOND AND TAX CREDIT WORKSHOP | 900099 | 13574 | 13574 |
| PUBLICATIONS | 511190 | 1645 | 1645 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 455764 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 167 | TotalRevenueColumn |
| Exclusion | $167 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 455931 | TotalRevenueColumn |
| Related Or Exempt Function Income | 455764 | RelatedOrExemptFunctionIncome |
| Exclusion | $167 | ExclusionAmount |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 397810 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7875 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3734 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21208 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6647 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28056 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5794 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| AUDIO - VISUAL | 10000 |
| DUES AND SUBSCRIPTIONS | 7151 |
| MISCELLANEOUS | 6812 |
| SPEAKERS | 2599 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 916 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 498602 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 276926 | BOY |
| EOY | 206555 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38453 | BOY |
| EOY | 38453 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1205 | BOY |
| EOY | 30 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18369 | BOY |
| EOY | 3023 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5500 | BOY |
| EOY | 5500 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 340453 | BOY |
| EOY | 253561 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 850 | BOY |
| EOY | 899 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48950 | BOY |
| EOY | 4680 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49800 | BOY |
| EOY | 5579 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 290653 | BOY |
| EOY | 247982 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 290653 | BOY |
| EOY | 247982 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 340453 | BOY |
| EOY | 253561 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -42671 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | false | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | false | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | false | AgreeToCarryoverPriorYear |
| Dues Assessments | 242875 | DuesAssessments |
| Non Ded Lobby Political Current | 120000 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Total | 120000 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 121438 | AggrAmtReportedInDuesNotices |
| Taxable | -$1,438 | TaxableAmount |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Revenue Etc Audited Fincl Stmt | 455931 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 455931 | RevenueSubtotal |
| Total Revenue Per Form990 | 455931 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 498602 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 498602 | ExpensesSubtotal |
| Total Expenses Per Form990 | 498602 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LIABILITY UNDER FIN 48 FOOTNOTE | Identifier |
| Return Reference | SCHEDULE D, PAGE 3, PART X | ReturnReference |
| Explanation | NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES HAS ADOPTED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS REQUIRED BY THE INCOME TAXES TOPIC (TOPIC 740) OF THE FASB ACCOUNTING STANDARDS CODIFICATION. NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES HAS ANALYZED ITS TAX POSITIONS, AND HAS CONCLUDED NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR OPEN TAX YEARS (2009-2011), OR EXPECTED TO BE TAKEN IN NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES'S 2012 TAX RETURN. NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT BELIEVES THAT THERE IS A REASONABLE POSSIBILITY THAT TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| MANAGEMENT DELEGATED | FORM 990, PAGE 6, PART VI, LINE 3 | NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES (NALHFA) HAS ENTERED INTO A MANAGEMENT CONTRACT WITH SMITHBUCKLIN. UNDER THE TERMS OF THIS AGREEMENT, NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES MAKES PAYMENTS TO SMITHBUCKLIN WHICH COVER STAFF SALARIES AND OTHER OVERHEAD EXPENSES. THE FEES INCURRED BY NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES DURING THE CURRENT FISCAL YEAR WERE 397,810 WHICH WERE BROKEN DOWN AS FOLLOWS: ADMINISTRATIVE SERVICES - 57,234 FINANCIAL MANAGEMENT AND ACCOUNTING - 24,400 MANAGEMENT AND HEADQUARTERS - 219,549 EVENT SERVICES - 47,060 EDUCATION AND CERTIFICATION SERVICES - 14,424 MARKETING AND COMMUNICATIONS - 19,835 WEBSITE - 15,308 SMITHBUCKLIN'S PERFORMANCE UNDER THIS AGREEMENT IS MONITORED BY THE BOARD OF NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES. |
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES HAS MEMBERS. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | ALL MEMBERS IN GOOD STANDING MAY ATTEND THE ANNUAL MEETING OF THE ASSOCIATION DURING THE SECOND QUARTER OF THE CALENDER YEAR AND ELECT THE MEMBERS AND OFFICERS OF THE BOARD OF DIRECTORS. |
| DOCUMENTATION BY COMMITTEE | FORM 990, PAGE 6, PART VI, LINE 8B | NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES DOES NOT HAVE A SEPARATE COMMITTEE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE GOVERNING BOARD ASSIGNS MANAGEMENT THE RESPONSIBILITY OF REVIEWING AND SIGNING THE FORM 990. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY HAVING THE BOARD MEMBERS SIGN A COMMITMENT OF CONDUCT EACH YEAR. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |