Overview
What is Long Island Housing Partnership Inc?
Long Island Housing Partnership Inc, located in Hauppauge, New York, is a dedicated nonprofit organization that strives to provide affordable housing opportunities for individuals struggling to afford homes. They achieve this goal through various initiatives, including development, technical assistance, mortgage counseling, homebuyer education, and fair housing education, as well as lending programs. During the COVID-19 crisis, LIHP administered several relief programs, aiding 2,251 tenants, landlords, and homeowners who were negatively impacted. Their services extend to different towns on Long Island, such as Brookhaven, Hempstead, and Oyster Bay.
Official website here: www.lihp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 91% - Four-Star out of Four Stars .ating.
Long Island Housing Partnership Inc has received a high rating of 91% from Charity Navigator, reflecting strong accountability and financial management. They boast an independent board of directors with a perfect score in several governance areas, including material diversion of assets and financial reporting. This indicates a reliable organization committed to transparency and proper oversight.
Despite the positive financial rating, user feedback presents a mixed picture. Some clients have expressed dissatisfaction with the program's execution, particularly regarding the quality of contractors and the pressure to finalize decisions quickly. There are reports of inadequate communication and perceived incompetency from staff, which has left some clients feeling misled about their eligibility and home-buying opportunities.
Conversely, other reviews highlight the valuable support and guidance provided by specific staff members, praising their compassion and effectiveness in helping clients navigate the home-buying process. Overall, while the organization is financially sound and has experienced staff, customer satisfaction appears to vary significantly based on individual experiences.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Long Island Housing Partnership Inc legitimate?
Long Island Housing Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Island Housing Partnership Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $976,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,652,720
For more financial information, click here
Official website here: www.lihp.org
What is the mission statement of Long Island Housing Partnership Inc?
Long Island Housing Partnership Inc's mission is centered around providing affordable housing opportunities for individuals who cannot afford homes. They achieve this by engaging in various activities such as development, offering technical assistance, mortgage counseling, homebuyer education, fair housing education, and managing lending programs. The organization's goal is to make housing accessible for those in need, thereby improving their living conditions. During 2022, Long Island Housing Partnership Inc continued to administer several COVID-related programs, aiding over 2,250 tenants, landlords, and homeowners impacted by the pandemic crisis.
Official website here: www.lihp.org
Who is the CEO of Long Island Housing Partnership Inc?
Peter J Elkowitz Jr is the President / of Long Island Housing Partnership Inc.
Official website here: www.lihp.org
What is the revenue of Long Island Housing Partnership Inc?
Long Island Housing Partnership Inc's revenue in 2022 was $5,351,109.
Official website here: www.lihp.org
Who are the executives of Long Island Housing Partnership Inc and what are their salaries?
The average compensation at Long Island Housing Partnership Inc during 2022 was $65,725. There are 40 employees and 40 volunteers at Long Island Housing Partnership Inc.
Here are 37 key members and their salaries:
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Official website here: www.lihp.org
Where can I find the form 990 for Long Island Housing Partnership Inc?
Long Island Housing Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lihp.org
Learn more at the official website: www.lihp.org
Mission Statement of Long Island Housing Partnership Inc
Long Island Housing Partnership Inc, a nonprofit organization, was established with a mission to address the need for affordable housing opportunities for individuals and families who cannot afford homes. The organization accomplishes this mission through various means, including development, technical assistance, mortgage counseling, homebuyer education, and fair housing education programs, as well as lending programs. By providing these services, Long Island Housing Partnership Inc aims to make housing more accessible and affordable for those in need.
In essence, Long Island Housing Partnership Inc serves as a beacon of hope for individuals and families struggling to secure affordable housing. The organization's comprehensive approach to addressing this issue includes not only the development of affordable housing units but also the provision of educational resources and financial assistance to help individuals and families become homeowners. Through its lending programs, the organization offers financial support to eligible individuals and families, enabling them to purchase homes they may not have been able to afford otherwise.
Moreover, Long Island Housing Partnership Inc recognizes the importance of fair housing practices and provides education and resources to help individuals and families understand their rights and responsibilities as homeowners and renters. By promoting fair housing practices, the organization works to ensure that everyone has equal access to housing opportunities, regardless of their income, race, religion, or other protected characteristics. In this way, Long Island Housing Partnership Inc plays a crucial role in promoting social justice and equality in the housing sector.
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Impact
July, 2024
Long Island Housing Partnership Inc's impact lies in its crucial role in providing affordable housing opportunities on Long Island for those unable to afford homes. Through its development, technical assistance, mortgage counseling, homebuyer and fair housing education, and lending programs, LIHP has made a significant difference in the lives of individuals and families in need of stable housing.
In 2022, LIHP continued to administer several COVID-related programs, aiding 2,251 tenants, landlords, and homeowners negatively impacted by the pandemic crisis. These programs included the Town of Brookhaven CDBG-CV Mortgage & Rental Assistance Program, Town of Hempstead Emergency Rental Assistance Program, Town of Oyster Bay Emergency Rental Assistance Program, and Housing Stability Counseling Programs. LIHP's dedication to addressing housing challenges and providing support to those in need demonstrates its commitment to making a positive impact on Long Island's community.
This information is meant to be a general summary of Long Island Housing Partnership Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $543,419
- Program Service Revenue: $899,666
- Gross Receipts: $5,597,456
Assets and Liabilities:
- Total Assets: $11,292,867
- Total Liabilities: $6,242,316
- Net Assets: $5,050,551
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TECHNICAL ASSISTANCE SERVICES
Revenue
$566,316
APPLICATION, CLOSING & OTHER
Revenue
$333,350
Organization Details
Founding Year
1987
Phone
(631) 435-4710Principal Officer
Peter J Elkowitz Jr
Main Address
180 OSER AVENUE SUITE 800, HAUPPAUGE, NY, 11788
Website
www.lihp.orgNTEE Category
Code: L010 - Housing
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