Form 990 for tax year 2025
Filed by NATIONAL HOUSING ENDOWMENT A NONPROFIT CORPORATION.
Totals
- Total revenue
- $1,701,326
- Total expenses
- $2,376,518
- Contributions and grants received
- $452,622
- Grants paid
- $1,469,800
- Program service revenue
- $0
- Investment income
- $1,248,704
- Other revenue
- $0
- Total assets, end of year
- $39,130,736
- Total liabilities, end of year
- $598,674
- Net assets or fund balances, end of year
- $38,532,062
- Program services expenses (Part IX)
- $1,663,222
- Management and general expenses
- $317,920
- Fundraising expenses
- $395,376
- Program service expenses (Part III)
- $1,663,222
Program services were 70.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$250,000
-
1f · All other contributions, gifts and grants
$202,622
-
3 · Investment income
total $1,081,292 · excluded $1,081,292
-
7a · Gross sales of assets other than inventory
securities $6,676,606
-
7b · Less cost or other basis and sales expenses
securities $6,509,194
-
7c · Gain or loss
securities $167,412
-
7d · Net gain or loss
total $167,412 · excluded $167,412
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $841,750 · program services $841,750
-
2 · Grants to domestic individuals
total $628,050 · program services $628,050
-
5 · Compensation of officers, directors and key employees
total $381,768 · program services $76,353 · management and general $57,266 · fundraising $248,149
-
7 · Other salaries and wages
total $195,299 · program services $75,108 · management and general $58,428 · fundraising $61,763
-
8 · Pension plan contributions
total $4,934 · program services $2,755 · management and general $2,179
-
9 · Other employee benefits
total $49,223 · program services $15,911 · management and general $12,287 · fundraising $21,025
-
10 · Payroll taxes
total $33,129 · program services $8,929 · management and general $6,831 · fundraising $17,369
-
11b · Fees: legal
total $228 · management and general $228
-
11c · Fees: accounting
total $31,190 · management and general $31,190
-
11f · Fees: investment management
total $118,063 · management and general $118,063
-
11g · Fees: other
total $4,262 · management and general $4,262
-
12 · Advertising and promotion
total $19,123 · program services $1,767 · management and general $5,024 · fundraising $12,332
-
13 · Office expenses
total $14,093 · program services $1,302 · management and general $3,702 · fundraising $9,089
-
17 · Travel
total $21,632 · program services $5,830 · management and general $4,461 · fundraising $11,341
-
19 · Conferences, conventions and meetings
total $17,580 · program services $4,738 · management and general $3,625 · fundraising $9,217
-
23 · Insurance
total $978 · management and general $978
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $8,301 · management and general $8,301
-
24e · All other expenses
total $6,915 · program services $729 · management and general $1,095 · fundraising $5,091
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,157,229 · end of year $59,980
-
2 · Savings and temporary cash investments
beginning of year $495,624 · end of year $818,029
-
3 · Pledges and grants receivable
beginning of year $839,214 · end of year $745,200
-
4 · Accounts receivable
beginning of year $125 · end of year $15,100
-
11 · Investments: publicly traded securities
beginning of year $26,231,945 · end of year $29,512,980
-
12 · Investments: other securities
beginning of year $7,131,684 · end of year $7,979,447
-
17 · Accounts payable and accrued expenses
beginning of year $131,215 · end of year $174,292
-
18 · Grants payable
beginning of year $166,722 · end of year $187,284
-
22 · Loans and payables to officers and key people
beginning of year $24,316 · end of year $210,037
-
25 · Other liabilities
beginning of year $0 · end of year $27,061
-
27 · Net assets without donor restrictions
beginning of year $26,632,505 · end of year $29,436,516
-
28 · Net assets with donor restrictions
beginning of year $8,901,063 · end of year $9,095,546
Mission and programs · 2025
Mission
THE NATIONAL HOUSING ENDOWMENT WILL HELP ADDRESS THE CHALLENGES OF THE HOME BUILDING INDUSTRY, ENHANCE THE WAYS WE EDUCATE AND TRAIN FUTURE GENERATIONS OF LEADERS IN RESIDENTIAL CONSTRUCTION AND INCREASE THE BODY OF KNOWLEDGE ON HOUSING ISSUES. WE WILL DO SO BY SUPPORTING INNOVATIVE AND EFFECTIVE PROGRAMS THAT FURTHER EDUCATION, TRAINING, RESEARCH AND WORKFORCE DEVELOPMENT. THE CORNERSTONE OF OUR EDUCATION PROGRAM IS THE UNPRECEDENTED HOMEBUILDING EDUCATION LEADERSHIP PROGRAM (H.E.L.P.). THE ENDOWMENT IS AWARDING MAJOR GRANTS TO COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY, AND WORKING TO HELP THEM CREATE, EXPAND OR REFOCUS EXISTING RESIDENTIAL CONSTRUCTION MANAGEMENT PROGRAMS.
Activities or mission (Part I)
THE NATIONAL HOUSING ENDOWMENT, THE PHILANTHROPIC ARM OF THE NATIONAL ASSOCIATION OF HOME BUILDERS (NAHB), IS A 501(C)3 NON-PROFIT ORGANIZATION DEDICATED TO HELPING ADDRESS THE CHALLENGES OF THE HOME BUILDING INDUSTRY, ENHANCING EDUCATION AND TRAINING FOR FUTURE GENERATIONS OF LEADERS IN RESIDENTIAL CONSTRUCTION, AND INCREASING THE BODY OF KNOWLEDGE ON HOUSING ISSUES. IT DOES SO BY SUPPORTING INNOVATIVE AND EFFECTIVE PROGRAMS THAT FURTHER EDUCATION, TRAINING, RESEARCH AND WORKFORCE DEVELOPMENT IN THE RESIDENTIAL CONSTRUCTION INDUSTRY.
-
GRANTS TO SUPPORT EDUCATION, RESEARCH, MANPOWER TRAINING, AND RECRUITMENT OF THE BEST AND BRIGHTEST STUDENTS FOR THE HOUSING INDUSTRY. -"HELP PROGRAM": SUPPORT OF FOURTEEN COLLEGE CONSTRUCTION MANAGEMENT PROGRAMS TO DEVELOP AND DELIVER RESIDENTIAL EDUCATION TO STUDENTS. INCLUDES EIGHT NEW SCHOOLS TO NHE. - SKILLED LABOR FUND -GRANTS TO SUPPORT OVER 125 HIGH SCHOOL CAREER EVENTS -GRANTS TO SUPPORT SKILLS TRADE TRAINING IN HIGH SCHOOLS BY UNDERWRITING CURRICULUM FEES. - IBS STUDENT TRAVEL SCHOLARSHIPS: FINANCIAL ASSISTANCE FOR OVER 800 STUDENTS TO TRAVEL TO BUILDERS SHOW TO COMPETE IN STUDENT COMPETITION-TARGET SUPPORT OF EIGHT HBCU'S TO PARTICIPATE IN BUILDERS SHOW- NAHB SAFETY MOBILE PHONE APP: FINANCIAL ASSISTANCE FOR DEVELOPMENT OF JOBSITE SAFETY MOBILE PHONE APP FOR SAFETY INFORMATION ON JOBSITES- PROFESSOR (HELP) SYMPOSIUM: SUPPORT OF UNIVERSITY FACULTY TO MEET WITH HOUSING INDUSTRY EXPERTS- HARVARD STATE OF THE NATION'S HOUSING REPORT: SUPPORT OF ANNUAL REPORT ON THE STATE OF AMERICAN HOUSING.- STUDENT SYMPOSIUM: SUPPORT OF UNIVERSITY STUDENTS TRAVEL TO MEET WITH HOUSING INDUSTRY EXPERTS- ACCE SUPPORT: FUNDING OF A SCHOLARSHIP MANAGED BY THE AMERICAN COUNCIL FOR CONSTRUCTION EDUCATION- HERB KOHLER LEADERSHIP AWARD: AWARD FOR THE OUTSTANDING LEADER FROM NAHB STUDENT CHAPTERS
Expenses $1,663,222 · Grants $1,469,800
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
GREGORY UGALDE
CHAIR
- Total calculated
- $0
- Hours/week
- 0.1
-
LAURA KOHLER
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 0.1
-
STEVE NELLIS
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.1
-
JUSTIN MACDONALD
TREASURER
- Total calculated
- $0
- Hours/week
- 0.1
-
KAREN KOELEMIJ
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
-
ROBERT CAMP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
STEVE CATES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
ANDREW CHABAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
KENT COLTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
KENT CONINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
GARY GARCZYNSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
CARL HARRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
DAVID HELLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
FRED HOPPE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
RICK JUDSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
W BARRY KAHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
KEVIN KELLY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
JERRY KONTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
STEVE LAWSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
TED MAHONEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
EDDIE MARTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
ROBERT MITCHELL
TRUSTEE (UNTIL 11/2025)
- Total calculated
- $0
- Hours/week
- 0.1
-
ROBERT NIELSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
GREGORY PEEK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
BARRY RUTENBERG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
AL SCOTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
LARRY SWANK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
MARK TIPTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
SCOTT WENTZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
DAVID WILSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
TIMOTHY ELLER
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
FANNIE MAE FOUNDATION
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
JAMES KNUPPE
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
FRANK FARINELLA
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
HARVEY MEYERHOFF
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
LEWIS RANIERI
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
ROBERT SCHOTTENSTEIN
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
STEVEN SCHOTTENSTEIN
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
PATSY SMITH
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
DAVE WILSON
LIFE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
ROGER GLUNT
EMERITUS TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
KEN KLEIN
EMERITUS TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
DALE STUARD
EMERITUS TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
THOMAS THOMPSON
EMERITUS TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
FRED NAPOLITANO
EMERITUS TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
MARK PURSELL
PRESIDENT & CEO
- Total calculated
- $395,261
- From this org
- $320,235
- From related orgs
- $0
- Other
- $75,026
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $303,121
- Bonus
- $15,000
- Other
- $2,114
- Deferred
- $23,500
- Nontaxable benefits
- $51,526
- Filer's total
- $395,261
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
NATIONAL ASSOCIATION HOME BUILDERS
$210,601
EDUCATION
-
$114,561
EDUCATION AND TRAINING IN HIGH SCHOOLS.
-
$112,000
EDUCATION
-
$25,500
HOMEBUILDING EDUCATION LEADERSHIP PROGRAM(HELP)
-
HOMEBUILDING EDUCATION LEADERSHIP PROGRAM(HELP)
-
$25,000
HOMEBUILDING EDUCATION LEADERSHIP PROGRAM(HELP)
-
$25,000
HOMEBUILDING EDUCATION LEADERSHIP PROGRAM(HELP)
-
DUNWOODY COLLEGE OF TECHNOLOGY
$25,000
HOMEBUILDING EDUCATION LEADERSHIP PROGRAM(HELP)
-
$21,250
HOMEBUILDING EDUCATION LEADERSHIP PROGRAM(HELP)
-
$20,250
HOMEBUILDING EDUCATION LEADERSHIP PROGRAM(HELP)
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NATIONAL ASSOCIATION OF HOME BUILDERS (NAHB)
501(C)(6) · PROMOTE HOUSING INDUSTRY, DISSEMINATE INFORMATION TO MEMBERS. · NV
-
501(C)(3) · JOB TRAINING FOR THE HOME BUILDING INDUSTRY · DC · controlled entity
Directly controlled by NAHB
-
NATIONAL HOUSING CENTER CORPORATION
501(C)(2) · TITLE HOLDING COMPANY FOR NAHB HEADQUARTERS BUILDING · IL · controlled entity
Directly controlled by NAHB
-
HOME BUILDERS INDUSTRY DISASTER RELIEF FUND INC
501(C)(3) · PROVIDES FOR SHELTER NEEDS FOR PERSONS ADVERSELY AFFECTED BY DISASTERS · DE · controlled entity
Directly controlled by NAHB
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
HOME INNOVATION RESEARCH LABS INC
C · RESEARCH · MD · controlled entity
Directly controlled by NAHB
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 13 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202601349349310150
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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