Civic Intelligence

National Housing Endowment

EIN 52-1510101 • 501(c)3 • Washington, DC

Profile

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.

1201 15th Street NWWashington, DC 20005

www.nationalhousingendowment.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.08x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

90th percentile

51%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

64th percentile

9.8%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

321%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$35,855,821

Up $3,207,035 (+9.8%) from 2023

Liabilities

Down

$322,253

Down $113,957 (-26%) from 2023

Net Assets

Up

$35,533,568

Up $3,320,992 (+10%) from 2023

Operations
Liabilities / Revenue22nd percentileNet Margin90th percentile

Revenue

Up

$3,823,588

Up $2,915,277 (+321%) from 2023

Expenses

Up

$1,859,695

Up $210,399 (+13%) from 2023

Net Income

Up

$1,963,893

Up $2,704,878 (+365%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $22,183,854Liabilities 2010: $486,461Net Assets 2010: $21,697,3932010Assets 2011: $19,828,693Liabilities 2011: $669,720Net Assets 2011: $19,158,9732011Assets 2012: $20,852,995Liabilities 2012: $742,909Net Assets 2012: $20,110,0862012Assets 2013: $22,930,941Liabilities 2013: $903,785Net Assets 2013: $22,027,1562013Assets 2014: $23,127,830Liabilities 2014: $856,549Net Assets 2014: $22,271,2812014Assets 2015: $21,837,670Liabilities 2015: $514,083Net Assets 2015: $21,323,5872015Assets 2016: $21,892,074Liabilities 2016: $73,676Net Assets 2016: $21,818,3982016Assets 2017: $24,210,784Liabilities 2017: $702,812Net Assets 2017: $23,507,9722017Assets 2018: $22,472,670Liabilities 2018: $472,727Net Assets 2018: $21,999,9432018Assets 2019: $25,780,190Liabilities 2019: $313,770Net Assets 2019: $25,466,4202019Assets 2020: $28,613,276Liabilities 2020: $557,406Net Assets 2020: $28,055,8702020Assets 2021: $31,315,078Liabilities 2021: $416,828Net Assets 2021: $30,898,2502021Assets 2022: $29,840,840Liabilities 2022: $423,678Net Assets 2022: $29,417,1622022Assets 2023: $32,648,786Liabilities 2023: $436,210Net Assets 2023: $32,212,5762023Assets 2024: $35,855,821Liabilities 2024: $322,253Net Assets 2024: $35,533,5682024

Highlighted filing

2024

Assets$35,855,821
Liabilities$322,253
Net Assets$35,533,568
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,415,9822010Expenses 2011: $2,398,9252011Expenses 2012: $1,003,7162012Revenue 2013: $797,064Expenses 2013: $1,114,185Net Income 2013: -$317,1212013Revenue 2014: $1,362,321Expenses 2014: $977,689Net Income 2014: $384,6322014Revenue 2015: $1,489,481Expenses 2015: $818,091Net Income 2015: $671,3902015Revenue 2016: $698,917Expenses 2016: $779,993Net Income 2016: -$81,0762016Revenue 2017: $2,183,878Expenses 2017: $1,411,771Net Income 2017: $772,1072017Revenue 2018: $2,548,783Expenses 2018: $1,696,103Net Income 2018: $852,6802018Revenue 2019: $1,897,389Expenses 2019: $1,750,012Net Income 2019: $147,3772019Revenue 2020: $2,168,345Expenses 2020: $1,300,841Net Income 2020: $867,5042020Revenue 2021: $3,340,023Expenses 2021: $1,266,807Net Income 2021: $2,073,2162021Revenue 2022: $4,237,361Expenses 2022: $1,284,664Net Income 2022: $2,952,6972022Revenue 2023: $908,311Expenses 2023: $1,649,296Net Income 2023: -$740,9852023Revenue 2024: $3,823,588Expenses 2024: $1,859,695Net Income 2024: $1,963,8932024

Highlighted filing

2024

Revenue$3,823,588
Expenses$1,859,695
Net Income$1,963,893
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,855,821
Liabilities
$322,253
Net assets
$35,533,568
Revenue
$3,823,588
Expenses
$1,859,695
Net income
$1,963,893
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$35.9$0.32$35.5$3.82$1.86$1.96
2023Detailed filing. Detailed filing data is available for this year.$32.6$0.44$32.2$0.91$1.65$0.74
2022Detailed filing. Detailed filing data is available for this year.$29.8$0.42$29.4$4.24$1.28$2.95
2021Detailed filing. Detailed filing data is available for this year.$31.3$0.42$30.9$3.34$1.27$2.07
2020Detailed filing. Detailed filing data is available for this year.$28.6$0.56$28.1$2.17$1.30$0.87
2019Detailed filing. Detailed filing data is available for this year.$25.8$0.31$25.5$1.90$1.75$0.15
2018Detailed filing. Detailed filing data is available for this year.$22.5$0.47$22.0$2.55$1.70$0.85
2017Detailed filing. Detailed filing data is available for this year.$24.2$0.70$23.5$2.18$1.41$0.77
2016Detailed filing. Detailed filing data is available for this year.$21.9$0.07$21.8$0.70$0.78$0.08
2015Detailed filing. Detailed filing data is available for this year.$21.8$0.51$21.3$1.49$0.82$0.67
2014Detailed filing. Detailed filing data is available for this year.$23.1$0.86$22.3$1.36$0.98$0.38
2013Detailed filing. Detailed filing data is available for this year.$22.9$0.90$22.0$0.80$1.11$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$0.74$20.1$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$0.67$19.2$2.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.2$0.49$21.7$1.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.1
Gross Receipts
$7,712,312
Mission and Program Overview

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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$24,039,705$26,231,945▲ $2,192,240
Investments Other Securities$6,682,277$7,131,684▲ $449,407
Cash and Non-Interest-Bearing Accounts$417,733$1,157,229▲ $739,496
Pledges and Grants Receivable$465,508$839,214▲ $373,706
Savings and Temporary Cash Investments$1,043,466$495,624▼ $547,842
Loans From Officers Directors$29,428$24,316▼ $5,112
Accounts Receivable$97$125▲ $28
Total Assets$32,648,786$35,855,821▲ $3,207,035
Liabilities
Grants Payable$283,409$166,722▼ $116,687
Accounts Payable and Accrued Expenses$123,373$131,215▲ $7,842
Total Liabilities$436,210$322,253▼ $113,957
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,270,550$26,632,505▲ $2,361,955
Net Assets With Donor Restrictions$7,942,026$8,901,063▲ $959,037
Total Net Assets Fund Balance$32,212,576$35,533,568▲ $3,320,992
Total Liabilities and Net Assets / Fund Balance$32,648,786$35,855,821▲ $3,207,035

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$47,434--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark PursellPresident & CEOFT$285,594$57,322$342,916

Board Members and Trustees

NameTitle
Al ScottChair
Steve NellisChair
Dale StuardEmeritus Trustee
Fred NapolitanoEmeritus Trustee
Ken KleinEmeritus Trustee
Roger GluntEmeritus Trustee
Thomas ThompsonEmeritus Trustee
Andrew ChabanTrustee
C Kent ConineTrustee
Dave WilsonTrustee
David HellerTrustee
Eddie MartinTrustee
F Gary GarczynskiTrustee
Gregory PeekTrustee
Jerry KonterTrustee
Justin MacdonaldTrustee
Karen KoelemijTrustee
Kent ColtonTrustee
Kevin KellyTrustee
Larry SwankTrustee
Laura KohlerTrustee
Mark TiptonTrustee
Rick JudsonTrustee
Robert CampTrustee
Robert MitchellTrustee
Robert NielsenTrustee
Scott WentzTrustee
Steve CatesTrustee
Steve LawsonTrustee
Ted MahoneyTrustee
W Barry KahnTrustee
Harvey MeyerhoffLife Trustee
James KnuppeLife Trustee
Lewis RanieriLife Trustee
Steven SchottensteinLife Trustee
Timothy EllerLife Trustee
Stephen RosenbergLife Trustee (thru 04/24)
Patsy SmithSecretary, Life Trustee
Gregory UgaldeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,077,115
Program Service Revenue
$0
Investment Income
$1,746,473
Other Revenue
$0
All Other Contributions
$1,827,115
Change in Net Assets
$1,963,893

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,709,076
Revenue Not Reported on Financial Statements
$114,512
Revenue Not Reported on Form 990
$1,393,432
Total Revenue per Audited Statements
$5,102,508
Total Revenue per Form 990
$3,823,588
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,021,854
Salaries, Compensation, and Employee Benefits$595,316
Total Fundraising Expense$356,384
Other Expenses$242,525
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$596,826--$596,826
Grants to Domestic Individuals$425,028--$425,028
Current Officers, Directors, Trustees, and Key Employees$68,584$51,437$222,895$342,916
Other Salaries and Wages$71,888$55,882$63,151$190,921
Fees for Service Investment Mgmnt Fees-$114,512-$114,512
Fees for Services Accounting-$33,009-$33,009
Payroll Taxes$8,239$6,305$15,947$30,491
Other Employee Benefits$9,711$7,539$9,364$26,614
Travel$5,179$3,963$10,024$19,166
Other Expenses-$16,237-$16,237
Conferences and Meetings$3,871$2,962$7,493$14,326
Fees for Services Other--$13,800$13,800
Office Expenses$4,020$3,044$5,452$12,516
All Other Expenses$3,518$224$4,772$8,514
Advertising$2,571$1,946$3,486$8,003
Pension Plan Contributions$2,444$1,930-$4,374
Insurance-$2,442-$2,442
Total Functional Expenses$1,201,879$301,432$356,384$1,859,695

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,859,695
Total Expenses per Audited Statements$1,781,516
Expenses per Audited Statements$1,732,577
Expenses Not Reported on Financial Statements$127,118
Expenses Not Reported on Form 990$48,939
Other Expense Adjustments$12,606
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Association Home BuildersWashington, DC501(c)6Education$143,000
Home Builders InstituteWashington, DC501(c)3Education and Training in High Schools.$87,363
The Skillpoite FoundationRoswell, GA501(c)3Education$79,000
University of OklahomaNorman, OKGovtHomebuilding Education Leadership Program$52,500
Yes & Holdings LLCAlexandria, VAFor-profit LLC PartnNahb Safety App Development$50,000
Auburn UniversityAuburn, ALGovtHomebuilding Education Leadership Program$20,000
Mississippi State UniversityMississippi State, MSGovtHomebuilding Education Leadership Program$20,000
Missoula College of the U of MMissoula, MTGovtHomebuilding Education Leadership Program$20,000
University of DelawareNewark, DEGovtHomebuilding Education Leadership Program$20,000
Educational Trust FundHover, AL501(c)6Education$17,750
Appalachian State UniversityBoone, NC501(c)3Homebuilding Education Leadership Program$15,000
University of WyomingLaramie, WYGovtHomebuilding Education Leadership Program$15,000
University of MissouriColumbia, MOGovtHomebuilding Education Leadership Program$12,500
Clemson UniversityClemson, SCGovtHomebuilding Education Leadership Program$12,000
Hb and Remodelers Association of MassachusettsWaltham, MA501(c)6Training of College Sutdents in Residential Construction.$10,000
Joint Center for Housing Studiesharvard UniversityCambridge, MA501(c)3Joint Center for Housing$10,000
University of North FloridaJacksonville, FLGovtHomebuilding Education Leadership Program$7,713

International Summary

Offices
0
Employees
0
Spending
$1,958,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$1,958,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$29,428$24,316▼ $5,112
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“Nhe's board of trustees shall number no less than 1, and no more than 30, and shall have full voting rights. In addition, there are several other classes of trustees: -- the board of trustees may appoint certain ex officio members to the board, which may or may not have full voting rights. These ex officio trustees do not count toward the maximum 30-person board. -- the president of the national association of home builders of the united states shall be an ex officio trustee. -- the board may designate certain persons or donors as "life trustees," a designation that honors cumulative contributions of $1 million or more. All life trustees have full rights and voting privileges, and their number will not count toward the maximum 30-person board. -- the board may designate "honorary trustees" to acknowledge friends of nhe who have made significant professional or financial contributions. Honorary trustees do not have voting rights and will not count toward the maximum 30-person board. Between meetings of the board of trustees, on-going oversight of the affairs of the endowment may be conducted by its executive committee. The national housing endowment executive committee is authorized to review and national housing endowment award grants of $20,000 or less in accordance with that policy approved by the full board of trustees. Any grant of $20,001 or more must be approved by the board of trustees, unless otherwise directed by the board of trustees. In addition, the executive committee can consider management or personnel issues and can make recommendations to the full board of trustees on such matters/issues.”

Form 990, Part VI, Section A, Line 2

“Life trustees steven schottenstein and robert schottenstein - family relationship”

Form 990, Part VI, Section B, Line 11B

“Nhe's procedure is to e-mail a secure link to an electronic copy of the form 990 to its trustees. Nhe's president and ceo also reviews the 990 before it is filed with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“Nhe enforces compliance with the conflict of interest policy by requiring annual updates to conflict of interest statements sent to the board and committee members.”

Form 990, Part VI, Section B, Line 15A

“An independent compensation consultant review was performed in 2024 and was used to set nhe's ceo's compensation.”

Form 990, Part VI, Section C, Line 19

“These documents are not typically made available to the public.”

Filing and Contact Details

Filer

Filer Name
National Housing Endowment
EIN
52-1510101
Phone
2022668477
Address
1201 15TH STREET NW, WASHINGTON, DC 20005

Signing Officer

Name
Mark Pursell
Title
President and CEO
Phone
2022668477
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Pursell
Formed
1987
Legal Domicile
De
Voting Board Members
38
Independent Board Members
38
Employees
3
Volunteers
38

Preparer

Firm
Cliftonlarsonallen Llp
Address
950 NORTH GLEBE ROAD SUITE 1200, ARLINGTON, VA 22203
Preparer
Robert Williams
Phone
5712279500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“ANNULLED GRANTS 12,606.”

FORM 990, PART XII, LINE 2C:

“The audit oversight process has remained unchanged from the prior year.”

Financial Statement Notes

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“ANNULLED GRANTS 12,606.”

Raw XML AppendixShowing 400 of 1,137 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE 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.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE

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