Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1985.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
27 people listed on the 990; $462K paid to officers and key staff.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Kristina C Cook | $204,008 | $198,952 | $218,760 | $220,592 | $226,665 | $218,006 |
| Larry Keys | $162,039 | $149,347 | $132,523 | $126,469 | $123,500 | $122,669 |
| Rajni Agarwal | $129,288 | $120,192 | $118,457 | $114,888 | $110,200 | $110,603 |
| Brenda Jo Moser | $102,788 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Convenes affordable housing professionals to discuss regulatory, legislative, and operational issues affecting the industry.
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Regulatory and legislative activities including dissemination, evaluation, and explanation of significant regulatory and legislative changes and developments, including implementation guidance, to members; committee and subcomittee discussions to evaluate housing regulation and legislation and opportunities for improvement; policy…
Two membership meetings held at which regulatory, legislative, operational, and other issues affecting the affordable housing industry are presented and discussed, including presentations by and question and answer sessions with regulators and other knowledgeable persons within the affordable housing industry.
Nahma news and other publications to update and inform members on regulatory and legislative developments and issues affecting the affordable housing industry and promote industry and societal goals for affordable housing and affordable housing management.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.1M | $1.0M |
| Land, buildings, equipmentLn 10c | $12K | $75K |
| Total assetsLn 16 | $1.4M | $1.3M |
| LiabilitiesLn 26 | $132K | $183K |
| Net assetsLn 32 | $1.2M | $1.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $817K | |||
| Other employee benefitsLn 9 | $122K | |||
| Payroll taxesLn 10 | $61K | |||
| Legal feesLn 11b | $14K | |||
| Accounting feesLn 11c | $11K | |||
| Advertising and promotionLn 12 | $2K | |||
| Office expensesLn 13 | $225K | |||
| OccupancyLn 16 | $84K | |||
| TravelLn 17 | $13K | |||
| Depreciation, depletion and amortizationLn 22 | $33K | |||
| InsuranceLn 23 | $20K | |||
| Other expenses (24a–d)Ln 24 | $496K | |||
| All other expensesLn 24e | $27K | |||
| Total functional expensesLn 25 | $1.9M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $2.1M | $2.0M | $114K | $1.2M | 990 PDF |
| FY2024 | $2.0M | $1.9M | $29K | $1.0M | 990 PDF |
| FY2023 | $1.9M | $2.0M | −$88K | $1.0M | 990 PDF |
| FY2022 Viewing | $1.8M | $1.9M | −$143K | $1.1M | 990 PDF |
| FY2021 | $1.7M | $1.7M | $5K | $1.2M | 990 PDF |
| FY2020 | $1.8M | $1.8M | −$18K | $1.2M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $1,783,163 revenue, 12 lines filed
Part VI · Governance 24 of 24 board members independent, no flags
Part VIII · Statement of revenue $1,783,163 across 6 lines filed
Part IX · Statement of functional expenses $1,925,708 across 13 lines filed
Part X · Balance sheet $1,280,229 assets, 14 lines filed
Part XI · Reconciliation of net assets $1,097,086 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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