NFP500

#191 of 500 · Human Services & Advocacy

Navigate Affordable Housing Partners Inc

EIN 63-0985617 · AL · NTEE L20Z · Form 990, fiscal 2023

A Birmingham, Alabama-based nonprofit focused on affordable housing. It develops, owns, and manages affordable housing properties and serves as a HUD Performance-Based Contract Administrator, overseeing Project-Based Rental Assistance contracts. It also consults for housing agencies and, through its Navigate Gives Back program, supports local nonprofits engaged in housing education and community development.

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Financials, fiscal 2023

Revenue
$834.3M
Expenses
$824.2M
Total assets
$81.8M
Net assets
$78.6M
Operating margin
1.2%
1-year growth
4.3%
5-year growth (CAGR)
8.3%
Reserve (years of spending)
1.1
Contributions share
96.4%
Programme spending
3.2%
Fundraising cost
0.0%
Executive pay share
0.10%
Employees
65
Revenue per employee
$12.8M
Grants paid
$4.1M
Years filing
33

NFP Health Score: 67 / 100

Financial 38 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To invest in communities, provide quality housing options, and offer services to benefit the entire housing industry, so that everyone has access to a safe, affordable place to call home.

Revenue history

YearRevenue
2019$605.4M
2020$658.9M
2021$765.0M
2022$799.9M
2023$834.3M