Overview
What is Indianapolis Neighborhood Housing Partnership Inc?
Indianapolis Neighborhood Housing Partnership Inc (INHP) is a nonprofit organization based in Indianapolis, Indiana, with a mission to expand affordable and sustainable housing opportunities for individuals and families while catalyzing neighborhood development. Established over 35 years ago, INHP has empowered low and moderate-income families to overcome homeownership barriers and access mortgage financing. In 2022, INHP supported nearly 1,490 families through affordable housing programs and services, including graduating 1,276 families from education classes and originating 34 first mortgages for clients purchasing in Marion County. INHP offers various mortgage products, such as first mortgage origination, down payment assistance, emergency repair loans, and refinance loans. Additionally, INHP addresses home repair needs through second mortgages and home improvement loans. Their team of licensed mortgage loan originators guides clients to choose an affordable mortgage, qualify for it, and successfully close on a mortgage to purchase their desired home. INHP's community lending options primarily yield the creation or preservation of affordable single-family and multi-family housing in Marion County.
Official website here: www.inhp.org
Is Indianapolis Neighborhood Housing Partnership Inc legitimate?
Indianapolis Neighborhood Housing Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Neighborhood 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.
Here are some key statistics you may want to consider:
Executive Compensation: $1,659,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,040,718
For more financial information, click here
What is the mission statement of Indianapolis Neighborhood Housing Partnership Inc?
The Indianapolis Neighborhood Housing Partnership Inc aims to expand affordable and sustainable housing options for individuals and families, acting as a catalyst in neighborhood development and revitalization. For over three decades, this organization has increased access to affordable housing and homeownership for Marion County residents, investing in community development activities. They empower families with low and moderate incomes through education and personalized homeownership advising, enabling them to overcome barriers and secure mortgage financing. Simultaneously, the organization works to expand the overall supply of affordable housing. The community development system is strengthened through the provision of capital, technical resources, grantmaking, research commissioning, and partnerships with community-based housing development organizations.
Official website here: www.inhp.org
Who is the CEO of Indianapolis Neighborhood Housing Partnership Inc?
Gina Miller is the President & Ceo (End 10/22) of Indianapolis Neighborhood Housing Partnership Inc. The CEO's salary of Indianapolis Neighborhood Housing Partnership Inc is $117,601 and their total compensation is $121,976.
Official website here: www.inhp.org
What is the revenue of Indianapolis Neighborhood Housing Partnership Inc?
Indianapolis Neighborhood Housing Partnership Inc's revenue in 2022 was $18,655,764.
Official website here: www.inhp.org
Who are the executives of Indianapolis Neighborhood Housing Partnership Inc and what are their salaries?
The average compensation at Indianapolis Neighborhood Housing Partnership Inc during 2022 was $74,611. There are 63 employees and 62 volunteers at Indianapolis Neighborhood Housing Partnership Inc.
Here are 30 key members and their salaries (Indianapolis Neighborhood Housing Partnership Inc's CEO's salary is $117,601 and their total compensation is $121,976):
- Moira Carlstedt (President & Ceo (End 10/22)) [Trustee/Director]
- Jeff Curiel (Cfo & Coo)
- Joseph Hanson (Evp, Strategic Initiatives)
- Robert Evans (Evp, Government & Community)
- Morgan Hoover (Vp, Philanthropy & Marketing)
- Trevor Meeks (Vp Single Family Lending)
- Patrick Goble (Director Finance)
- Charles Mercer (Director Community & Lending)
- Cherie Pologruto (Director Lending Operation)
- Gina Miller (President & Ceo (Beg 09/22)) [Trustee/Director]
- Laurie Jones (Director Homeowner Development)
- Jennifer Meeker (Director Human Resources)
- Lacy Dubose (Board Member) [Trustee/Director]
- Al Smith (Board Member) [Trustee/Director]
- Andy Nino (Board Member) [Trustee/Director]
- Bill Bower (Board Member) [Trustee/Director]
- David Hampton (Secretary) [Trustee/Director]
- Dr Chelsea Haring-Cozzi (Board Member) [Trustee/Director]
- Dr Dawn Haut (Board Member) [Trustee/Director]
- Greg Fennig (Board Member) [Trustee/Director]
- Jeffrey Kittle (Board Member) [Trustee/Director]
- John Hirschman (Treasurer) [Trustee/Director]
- Juan Gonzalez (Chairperson) [Trustee/Director]
- Linda Broadfoot (Board Member) [Trustee/Director]
- Mark Kugar (Board Member) [Trustee/Director]
- Marshawn Wolley (Vice Chairperson) [Trustee/Director]
- Megan Sims Wilmes (Board Member) [Trustee/Director]
- Michael Fritton (Board Member) [Trustee/Director]
- Nicole Lorch (Board Member) [Trustee/Director]
- Portia Bailey-Bernard (Board Member) [Trustee/Director]
Official website here: www.inhp.org
Where can I find the form 990 for Indianapolis Neighborhood Housing Partnership Inc?
The Indianapolis Neighborhood Housing Partnership Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.inhp.org
Learn more at the official website: www.inhp.org
Mission Statement of Indianapolis Neighborhood Housing Partnership Inc
Indianapolis Neighborhood Housing Partnership Inc, a leading nonprofit organization, has been dedicated for over 35 years to increasing affordable and sustainable housing opportunities for individuals and families in their community. The organization serves as a catalyst for the development and revitalization of neighborhoods by providing access to capital, leveraging technical resources, and partnering with community-based housing development organizations.
Inhp's mission is multi-faceted. On one hand, it focuses on empowering families with low and moderate incomes through education and one-on-one homeownership advising, enabling them to overcome barriers to homeownership and access mortgage financing. Simultaneously, Inhp works to expand the overall supply of affordable housing in the community. The nonprofit organization provides grantmaking, commissions research, and offers various support services to strengthen the community development system in Indianapolis.
By investing in affordable housing and community development activities, Inhp has significantly increased access to affordable housing and homeownership for Marion County families. The organization's efforts go beyond just providing housing; it also aims to revitalize neighborhoods and improve the overall quality of life for residents. Through its commitment to affordable housing, Inhp is a valuable supporting organization for the City of Indianapolis and the United Way.
Impact
This information is meant to be a general summary of Indianapolis Neighborhood Housing Partnership Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Indianapolis Neighborhood Housing Partnership Inc has had a significant impact in increasing affordable and sustainable housing opportunities for individuals and families in Marion County. In 2022, they supported nearly 1,490 families through affordable housing programs and services, including graduating 1,276 families from INHP education classes and closing 149 consumer mortgage loans totaling $22 million in financing for low and moderate-income families. They launched two new consumer lending mortgage products and provided access to loan programs through INHP or lender partners.
INHP's direct lending programs, available in Marion County, include first mortgage originations, down payment assistance, emergency repair or home improvement loans, and refinance loans. They also created the First Look Program, which allows clients to view and bid on new, affordable homes in advance of the competition, addressing the common barrier of being outbid in the marketplace.
Furthermore, INHP has empowered individuals and families with low and moderate incomes for over 35 years to become successful homeowners by providing knowledge, financial capability, guidance, and access to affordable mortgage programs. They have originated first mortgages for clients purchasing in Marion County and provided mortgage advising and access to capital for additional clients to access private sector lender partner products. Additionally, they have originated second mortgages to enable existing low and moderate-income homeowners to repair their homes.
Through their efforts, INHP has not only increased access to affordable housing and homeownership for Marion County families but has also invested in community development activities that benefit Indianapolis neighborhoods. Their work strengthens the community development system by providing access to capital, leveraging technical resources, grantmaking, commissioning research, and partnering with community-based housing development organizations. Overall, Indianapolis Neighborhood Housing Partnership Inc's impact has been instrumental in improving housing accessibility and neighborhood revitalization in Marion County.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN RECEIVABLE INTEREST INCOME
Revenue
$469,423
LOAN FEE INCOME
Revenue
$98,695
FEE INCOME
Revenue
$20,900
COUNSELING FEE INCOME
Revenue
$13,500
CREDIT REPORT FEE INCOME
Revenue
$36,027
Organization Details
Founding Year
1988
Phone
(317) 610-4637
Principal Officer
Gina Miller
Main Address
3550 N WASHINGTON BLVD, INDIANAPOLIS, IN, 46205
Website
www.inhp.org
NTEE Category
Code: L128 - Housing
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