Overview
What is Columbus Housing Partnership Inc?
Columbus Housing Partnership Inc, also known as HOMEPORT, is a nonprofit organization based in Columbus, Ohio. Their main mission is to provide affordable housing opportunities and foster community development. They achieve this by developing both single-family and multi-family properties using the Low-Income Housing Tax Credit Program and other related financing options. In 2022, 361 new residents moved into 156 newly constructed multi-family housing units owned by HOMEPORT, with an additional 200 units under construction for 2023 or early 2024. As of December 2022, HOMEPORT managed and maintained 2,799 affordable rental units, housing 7,129 Central Ohio citizens. Furthermore, HOMEPORT's Home Ownership Development creates home ownership opportunities for Central Ohioans with income 120% or less of the area median income. In 2022, construction was completed on 2 homes, and 2 homes were sold, with a total of 216 homes constructed and sold as of December 2022. Overall, HOMEPORT's mission is to create a cornerstone of dignity, security, and opportunity through quality affordable homes and strong communities.
Official website here: www.homeportohio.org
What are the reviews and ratings of this charity?
**: 3 Stars (Charity Navigator Rating 89%)** %)**
Columbus Housing Partnership Inc. has earned a solid Three-Star out of Four Star rating from Charity Navigator, reflecting strong accountability and financial health. The charity boasts a remarkable 93% score in Accountability & Finance, indicating effective governance structures and practices, including a fully independent board and robust financial oversight measures.
The organization excels in gathering constituent feedback, scoring a perfect 100% in its Culture & Community assessment. This feedback informs their efforts to enhance client services and develop new programs, demonstrating their commitment to community engagement and responsiveness to client needs. However, it faces a challenge in obtaining timely feedback from constituents, which could hinder their continuous improvement efforts.
While no user reviews from GreatNonprofits were accessible, the available data indicates an organization that is well-managed and dedicated to its mission, with a focus on financial transparency and community connection. The salary of the key personnel suggests competitive compensation, which may need to be balanced with the overall financial health and funding landscape of the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Columbus Housing Partnership Inc legitimate?
Columbus Housing Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbus 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: $427,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,648,630
For more financial information, click here
Official website here: www.homeportohio.org
What is the mission statement of Columbus Housing Partnership Inc?
Columbus Housing Partnership Inc's mission is centered around creating a foundation of dignity, security, and opportunities for individuals and communities. This is achieved by providing quality, affordable homes and fostering strong communities. HomePort Real Estate Development offers energy-efficient, safe, and affordable homes for households of varying income levels, while simultaneously revitalizing neighborhoods through community and economic development initiatives. The organization utilizes the Low-Income Housing Tax Credit Program and other financing options to develop both single-family and multi-family properties, increasing the availability of affordable housing in the region. HomePort Rental Development develops and maintains rental homes targeting occupants with 60% or less of the area median income. In 2022, 361 new residents moved into 156 newly constructed multi-family housing units owned by HomePort, with an additional 200 units under construction for 2023 or early 2024. HomePort Home Ownership Development creates home ownership opportunities for individuals with income 120% or less of the area median income, having completed construction on 216 homes and sold a total of 216 homes as of December 31, 2022.
Official website here: www.homeportohio.org
Who is the CEO of Columbus Housing Partnership Inc?
Leah F Evans is the President/Ceo of Columbus Housing Partnership Inc. The CEO's salary of Columbus Housing Partnership Inc is $211,888 and their total compensation is $235,585.
Official website here: www.homeportohio.org
What is the revenue of Columbus Housing Partnership Inc?
Columbus Housing Partnership Inc's revenue in 2022 was $9,893,694.
Official website here: www.homeportohio.org
Who are the executives of Columbus Housing Partnership Inc and what are their salaries?
The average compensation at Columbus Housing Partnership Inc during 2022 was $76,897. There are 40 employees and 265 volunteers at Columbus Housing Partnership Inc.
Here are 33 key members and their salaries (Columbus Housing Partnership Inc's CEO's salary is $211,888 and their total compensation is $235,585):
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- Compensation: $211,888
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- Other: $8,983
Official website here: www.homeportohio.org
Where can I find the form 990 for Columbus Housing Partnership Inc?
Columbus Housing Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homeportohio.org
Learn more at the official website: www.homeportohio.org
Mission Statement of Columbus Housing Partnership Inc
Columbus Housing Partnership Inc, a notable organization, is committed to establishing a solid foundation of dignity, security, and opportunities for individuals and communities through the development of quality affordable homes. Their mission is twofold: firstly, they provide a variety of affordable housing options, including both for-sale and rental properties, catering to households with varying income levels. Secondly, they focus on neighborhood revitalization, promoting community and economic development.
To achieve this mission, Columbus Housing Partnership Inc employs the Low-Income Housing Tax Credit Program, along with other financing options, to develop single-family and multi-family properties. This strategic approach significantly increases the availability of affordable housing in the region. In 2022, the organization welcomed 361 new residents into 156 newly constructed multi-family homes, with an additional 200 units under construction for occupancy in 2023 or early 2024. As of December 31, 2022, Columbus Housing Partnership Inc managed and maintained 2,799 affordable rental units, providing housing for 7,129 Central Ohio citizens.
Furthermore, Columbus Housing Partnership Inc promotes home ownership opportunities for Central Ohioans with income levels at 120% or less of the area median income. In 2022, construction was completed on two homes, and two homes were sold, marking significant milestones in their home ownership development program. As of December 31, 2022, the organization has completed construction on 216 homes and has sold a total of 216 homes, contributing to the creation of stable, affordable housing for Central Ohio residents.
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Impact
October, 2024
Columbus Housing Partnership Inc significantly contributes to the landscape of affordable housing in Central Ohio, fostering dignity, security, and opportunity within communities. By developing quality, energy-efficient homes, it addresses the pressing need for affordable housing for households at varying income levels.
In 2022, the partnership welcomed 361 new residents into 156 newly constructed multifamily housing units, and is currently working on an additional 200 units set to open in 2023 or early 2024. This development not only increases housing availability but also supports neighborhood revitalization and economic development in the region.
With a portfolio that includes 2,799 affordable rental units housing over 7,129 individuals as of the end of 2022, the partnership plays a vital role in improving living standards for low- and moderate-income families. Additionally, their home ownership program has built and sold 216 homes, empowering Central Ohioans to achieve financial stability through home ownership.
The impact of Columbus Housing Partnership Inc extends beyond just providing roofs over heads; it creates thriving communities and enhances the overall quality of life for its residents.
This information is meant to be a general summary of Columbus 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.
- Program Service Revenue: $5,109,171
- Gross Receipts: $10,055,092
Assets and Liabilities:
- Total Assets: $58,850,855
- Total Liabilities: $35,536,074
- Net Assets: $23,314,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$2,633,936
DEVELOPMENT FEES
Revenue
$2,355,539
PROGRAM AND MANAGEMENT FEES
Revenue
$795,715
INTEREST ON PROG. LOANS
Revenue
$435,320
OTHER OPERATING INCOME
Revenue
$55,759
Organization Details
Founding Year
1987
Phone
(614) 221-8889Principal Officer
Leah F Evans
Main Address
3443 AGLER ROAD STE 200, COLUMBUS, OH, 43219
Website
www.homeportohio.orgNTEE Category
Code: L200 - Housing
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