Overview
What is Heritage Housing Partners Corporation?
Heritage Housing Partners Corporation is a nonprofit organization situated in Columbia, Maryland. With a focus on providing affordable housing, they own a 16-unit property named Oakland Place. Their mission extends beyond just rental properties; they aim to be a leading agency in Howard County, providing high-quality and safe living spaces for low-income families, individuals, senior citizens, and those with physical and mental challenges. In addition to housing, they also collaborate to develop homeownership opportunities for the same demographic and support educational programs for the betterment of low-income children and adults in the county, employing a total of 12 individuals.
Official website here: www.hhpcorp.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Heritage Housing Partners Corporation has achieved a strong rating of 96% from Charity Navigator, which reflects its commitment to accountability and finance. The organization scored full points in several key areas, including having a fully independent board and effective financial oversight mechanisms. This indicates a high level of transparency and good governance practices within the organization.
User feedback on platforms like Great Nonprofits shows a mix of opinions. Some reviewers praised the organization for its competent management and dedicated staff, highlighting its experience in property management and its work with HUD for providing housing assistance. Others acknowledged the challenges faced due to past controversies, including claims of mismanagement that were investigated without findings of wrongdoing, suggesting that the organization has navigated through difficult situations effectively.
However, there are critical views as well, with some users expressing concerns over media coverage related to alleged misappropriations and the treatment of whistleblowers. This reflects a complicated reputation, where past issues may continue to influence public perception despite the organization's high rating and efforts to maintain financial integrity. Overall, while Heritage Housing Partners Corporation showcases strong fiscal responsibility, its history and public sentiment reveal a need for ongoing communication and trust-building with stakeholders.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Heritage Housing Partners Corporation legitimate?
Heritage Housing Partners Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Housing Partners Corporation 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: $109,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,413
For more financial information, click here
Official website here: www.hhpcorp.org/
What is the mission statement of Heritage Housing Partners Corporation?
Heritage Housing Partners Corporation's mission is to serve as a leading non-profit organization, providing safe and high-quality, affordable rental housing for low and moderate-income families, individuals, senior citizens, and those with physical and mental challenges. The corporation aims to work in partnerships to develop homeownership opportunities for low and moderate-income individuals and families, in support of educational programs for the betterment of children and adults from these income groups in the community.
Official website here: www.hhpcorp.org/
Who is the CEO of Heritage Housing Partners Corporation?
Grace Morris is the Executive Director of Heritage Housing Partners Corporation.
Official website here: www.hhpcorp.org/
What is the revenue of Heritage Housing Partners Corporation?
Heritage Housing Partners Corporation's revenue in 2022 was $877,175.
Official website here: www.hhpcorp.org/
Who are the executives of Heritage Housing Partners Corporation and what are their salaries?
The average compensation at Heritage Housing Partners Corporation during 2022 was $19,455. There are 12 employees and 10 volunteers at Heritage Housing Partners Corporation.
Here are 12 key members and their salaries:
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- Compensation: $102,897
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- Other: $371
- Compensation: $106,712
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- Other: $5,247
Official website here: www.hhpcorp.org/
Where can I find the form 990 for Heritage Housing Partners Corporation?
Heritage Housing Partners Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hhpcorp.org/
Learn more at the official website: www.hhpcorp.org/
Mission Statement of Heritage Housing Partners Corporation
Heritage Housing Partners Corporation is committed to being a leading non-profit organization in the provision of safe, high-quality, and affordable rental housing for low and moderate-income families, individuals, senior citizens, and those with physical and mental challenges. The corporation's mission extends beyond just housing, as it also aims to work in partnership to develop homeownership opportunities for low and moderate-income individuals and families. Furthermore, Heritage Housing Partners Corporation supports educational programs for the betterment of low and moderate-income children and adults in the community. By offering affordable housing and promoting homeownership, the organization strives to improve the living conditions and opportunities for those in need, fostering a sense of stability and empowerment.
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Impact
July, 2024
Heritage Housing Partners Corporation makes a significant impact by providing safe, high-quality, and affordable rental housing to low and moderate-income families in Columbia, Maryland. Their 16-unit rental property, Oakland Place, serves as a crucial resource for individuals and families in need of affordable housing options. By focusing on ensuring that housing is accessible for those facing financial challenges, Heritage Housing Partners Corporation plays a vital role in supporting the community and contributing to the well-being of its residents.
This information is meant to be a general summary of Heritage Housing Partners Corporation. 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: $150,000
- Program Service Revenue: $727,175
- Gross Receipts: $928,272
Assets and Liabilities:
- Total Assets: $11,635,785
- Total Liabilities: $3,950,429
- Net Assets: $7,685,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$447,803
MANAGEMENT FEES
Revenue
$182,290
MISCELLANEOUS
Revenue
$66,582
PARTNERSHIP FEES
Revenue
$30,500
Organization Details
Founding Year
1967
Phone
(443) 518-7687Principal Officer
Grace Morris
Main Address
9770 PATUXENT WOODS DRIVE 305, COLUMBIA, MD, 21046
Website
www.hhpcorp.org/NTEE Category
Code: L21 - Housing
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