EIN 52-1750323

Economic Development

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
1991
Most recent tax filings
2023-12-01
Description
Coalition for Nonprofit Housing and Economic Development advocates for low-income residents to have housing and economic opportunities through advocacy, policy-making, public education, capacity-building, and analysis. Its nationally recognized "housing for all" campaign resulted in over $1 billion investment in the housing production trust fund from FY2001- FY2019. It has also led DC Community Anchor Partnership (DCAP), a collaborative of anchor institutions aiming at advancing equitable economic development in DC. The organization is based in Washington, DC.
Also known as...
Coalition for Nonprofit Housing and Economic Development
Total revenues
$2,593,485
2023
Total expenses
$4,548,342
2023
Total assets
$9,670,135
2023
Num. employees
12
2023

Program areas at Economic Development

Housing For All Campaign:Nationally recongized housing for all campaigned generated political will for the District to invest more than $1 billion for the housing production trust fund from FY2001- FY2022. To this date, as resulted in the acquistion production or preservation of more than 10 thousand afforable homes with over 3,000 homes in the pipeline. On the economic development, CNHED provided technical assistance to the council and craft the Districts first low income housing tax credit which has funded at 1 million annually. Though it is awaiting regulation to be implemented, CNHEDs advocacy resulted in the appropriation of 14.5 million including in the 2010 - 2012 budget for small businesses technical assistance. These funds are used to assists up to 3,000 small businesses annually. In May 2022, CNHED hosted the Housing & Economic Justice for All Rally with over 200 registrants. Participants discussed tools and resources to provide affordable housing to District of Columbia residents in the face of a changing job market. Mayor Bowser announced an approved $5 million+ in investments for affordable housing projects for FY 2023. In September 2022, CNHED launched its newest advocacy and community engagement initiative: the Community Voices Working Group! The Community Voices Working Group (CVWG) provides a space for low-to-moderate-income (LMI) Black, Indigenous, and People of Color (BIPOC) who have lived experience to obtain tools, training, and resources that will assist them in conveying their perspectives and achieving their policy and advocacy goals. The CVWG works in partnership with CNHEDs other working groups in developing solutions, and budget recommendations, and tackling other issues facing the community development field. As trusted advocates within their communities, CVWG members will cultivate, motivate, and engage their neighbors to take action on issues that impact them the most.
DC Community Anchor Partnership:The DC Community Anchor Partnership (DCAP) is a collaborative of prominent anchor institutions committed to leveraging their operations to advance equitable economic development in the District of Columbia. An initiative of the Coalition for Nonprofit Housing and Economic Development (CNHED), DCAP brings together a network of DC health systems and universities dedicated to using their procurement power to increase market opportunities for DC minority-owned businesses (DC MBEs). The DC Community Anchor Partnership (DCAP) works with local anchor institutions (placed-based entities including hospitals, universities and, new utility companies), using their procurement power to better support the growth of local, DC-based minority-owned business enterprises (MBEs). In January 2022, Georgetown University announced the launch of their first-ever Supplier Diversity Program, which DCAP helped to design. The program includes the following goals: Contribute at least $8M of local supplier spend to DC-based diverse suppliers Spend a minimum of 20% of the universitys total supplier budget on diverse suppliers Ensure that at least 10% of the universitys active suppliers are diverse, with a focus on construction, supplies, professional services and repair and maintenance. DCAP referred five architecture and two general contracting MBEs to Childrens National Hospital for a total of seven DCAP businesses awarded Master Services Agreements (MSAs). DCAP recorded $186M in spending with local, minority-owned companies by its anchor institutions and Increased participating anchor institutions from 10 to 11.
Connecting Capital and Community(3C) initiative:In 2022, CNHED partnered with the Center for Community Investment (CCI) to launch the Connecting Capital and Community (3C) initiative, a three-year, multi-sector initiative supported by JP Morgan Chase to advance equitable housing results for low-to-moderate-income (LMI) Black, Indigenous, and People of Color (BIPOC), families and individuals and to strengthen the local housing ecosystem in Washington, D.C. CNHEDs 3C Initiative leverages existing relationships to inform the priorities and build new resources to address the racial wealth gap and mitigate displacement pressures through a focused strategy around housing affordability. This is achieved by increasing the supply of safe, affordable housing to meet demand through high-volume, small-scale (50 units) development-focused pipeline strategies. CNHEDs approach consists of the following: [1] Properties of 2-4 units Enable longtime low- and moderate-income residents to purchase 24-unit buildings and to build wealth as resident owners will reduce racial wealth disparities. [2] Properties of 5-49 units Support developers focused on affordable housing preservation.
CNHED:A 501(c)(3) member association founded in 1991 that leads and supports the community development field in Washington, DC. CNHEDs 180 organizational members include nonprofit and for-profit affordable housing developers, housing counseling and ervice agencies, community economic development organizations, workforce and business development entities, lenders, intermediaries and government agencies. For the Fiscal Year 2023 Budget, CNHED helped achieve increases in key community economic development programs, including $444 million for the Housing Production Trust Fund, the linchpin to creating and preserving affordable housing in DC, and $7.1 million for Great Streets, the Districts commercial revitalization initiative to transform emerging corridors into livable, walkable, and shoppable neighborhood retail experiences. In summary, our advocacy and policy efforts lead to the District investing millions of dollars in additional local funding for affordable housing and economic development programs that work. In addition to $444 million for the Housing Production Trust Fund, we secured $153.3 million for other affordable housing programs, $30.2 million for programs assisting small businesses, and $6.6 million for workforce development programs and support

Grants made by Economic Development

GranteeGrant descriptionAmount
Housing Counseling ServicesHousing Project Grant$37,500

Who funds Economic Development

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Winston-Salem Foundation1 Grant(s) for Varying Purposes$300,000
Morris and Gwendolyn Cafritz FoundationCommunity Service$100,000
Greater Washington Community FoundationGeneral Support$65,000
...and 7 more grants received

Personnel at Economic Development

NameTitleCompensation
Stephen GlaudePresident and Chief Executive Officer$264,626
Jherrica SpikesChief Operating Officer$234,586
Maya BrennanChief Housing Officer
Scott BrutonVice President for Housing Policy$165,286
Halley HolmesSenior Director , Communications
...and 12 more key personnel

Financials for Economic Development

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,439,617
Program services$36,850
Investment income and dividends$108,529
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$8,489
Total revenues$2,593,485

Form 990s for Economic Development

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-12990View PDF
2022-122023-07-11990View PDF
2021-122022-09-21990View PDF
2020-122021-10-14990View PDF
2019-122021-02-22990View PDF
...and 9 more Form 990s
Data update history
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from Naomi and Nehemiah Cohen Foundation
October 23, 2024
Updated personnel
Identified 8 new personnel
August 25, 2024
Received grants
Identified 1 new grant, including a grant for $65,000 from Greater Washington Community Foundation
August 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 12, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
MembershipsPolitical advocacyLobbyingReceives government fundingTax deductible donationsAccepts online donations
General information
Address
727 15th St NW Ste 600
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
cnhed.org/ 
Phone
(202) 745-0902
IRS details
EIN
52-1750323
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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