RESEARCH INSTITUTE FOR HOUSING AMERICA TRUST FUND Charity Report

Public IRS 990 nonprofit record

RESEARCH INSTITUTE FOR HOUSING AMERICA TRUST FUND

EIN 36-6109824 · Education (B50I)

What they do

SEE SCHEDULE O.THE RESEARCH INSTITUTE for HOUSING AMERICA TRUST FUND WAS CREATED BY THE MORTGAGE BANKERS ASSOCIATION to ENCOURAGE and SUPPORT RESEARCH and HIGHER EDUCATION ACTIVITIES IN THE FIELD of MORTGAGE BANKING. THE TRUST AWARDS GRANTS to EDUCATIONAL INSTITUTIONS IN ORDER to PROMOTE HIGHER EDUCATIONAL STANDARDS, and PREPARE COURSES and PUBLICATIONS RELATED to MORTGAGE BANKING and REAL ESTATE FINANCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

128.18%of revenue went to mission work89.0% of expenses · Program services

$144.10spent for every $100 of revenueSpending was higher than revenue this year.

15.92%of revenue went to management and office costs11.0% of expenses

$12.22in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $113,684 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $45,417 for EDWARD J SEILER (RIHA EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$257,807

Mission workProgram services$330,459128.18% of revenue89.0% of expenses

ManagementOffice and general costs$41,03215.92% of revenue11.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$371,491144.10% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 144.10% of revenue

2023Expense mix: 86.7% mission · 13.3% management · 0.0% fundraisingTotal expenses: 117.94% of revenue

2022Expense mix: 87.3% mission · 12.7% management · 0.0% fundraisingTotal expenses: 173.84% of revenue

2021Expense mix: 82.9% mission · 17.1% management · 0.0% fundraisingTotal expenses: 88.16% of revenue

2020Expense mix: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 88.87% of revenue

2019Expense mix: 93.8% mission · 6.2% management · 0.0% fundraisingTotal expenses: 1,086.72% of revenue

2018Expense mix: 84.7% mission · 15.3% management · 0.0% fundraisingTotal expenses: 96.06% of revenue

2017Expense mix: 83.3% mission · 16.7% management · 0.0% fundraisingTotal expenses: 90.33% of revenue

Money in and money out

Revenue$257,807

Expenses$371,491

Annual shortfall $113,684 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$330,459 · 89.0% of expenses

Management and office costs$41,032 · 11.0% of expenses

See all reported dollar amounts

Revenue$257,807

Expenses$371,491

Assets$4,540,383

Income$813,303

Mission work (program services)$330,459

Grants given$1,452,700

Average grant$27,937

Management and general$41,032

Stocks and bonds$4,516,282

Accounting fees$10,648

Investing fees$25,585

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

EDWARD J SEILERRIHA EXECUTIVE DIRECTOR · 12 hrs/week $45,417Base · Other $45,417

LISA J HAYNESTRUSTEE-RIHA TREAS. (UNTIL 10/24) · 1 hrs/week $43,830Base · Other $43,830

MICHAEL W BRIGGSTRUSTEE-RIHA SECRETARY · 1 hrs/week $39,552Base · Other $39,552

MICHAEL C FRATANTONITRUSTEE-RIHA TRUST ADMIN · 2 hrs/week $21,715Base · Other $21,715

ASTRID D VERMEERTRUSTEE-RIHA TREAS. (FROM 10/2024) · 1 hrs/week $7,905Base · Other $7,905

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

EDWARD J SEILERRIHA EXECUTIVE DIRECTOR

LISA J HAYNESTRUSTEE-RIHA TREAS. (UNTIL 10/24)

MICHAEL W BRIGGSTRUSTEE-RIHA SECRETARY

MICHAEL C FRATANTONITRUSTEE-RIHA TRUST ADMIN

ASTRID D VERMEERTRUSTEE-RIHA TREAS. (FROM 10/2024)

About this charity

Recognized since: January 1993
Location: 1919 M STREET NW 5TH FL, WASHINGTON, DC 20036-3572
County: District of Columbia
In care of: ALEXANDRA BRINTON
Primary officer: ALEXANDRA BRINTON, VICE PRESIDENT, CFO

How to reach them

Phone(202) 557-2700 Officer phone(202) 557-2835

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B50I)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes