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Dreamkey Partners Mortgage Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562256392 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Dreamkey Partners Mortgage Inc?

Dreamkey Partners Mortgage Inc is a nonprofit entity based in Charlotte, North Carolina, specifically at 4601 Charlotte Park Drive STE 350, 28217. Its primary mission is to support and implement the programs and activities of Charlotte-Mecklenburg Housing Partnership, Inc., a North Carolina nonprofit corporation. To achieve this goal, Dreamkey Partners Mortgage Inc offers mortgage brokerage and banking services to individuals and families directly or indirectly served by the housing partnership. It provides pre-purchase education and preparation, as well as down payment assistance, in accordance with the terms and conditions of specific grants that fund homeownership-related activities.


Official website here: www.cmhp.org/

Is Dreamkey Partners Mortgage Inc legitimate?

Dreamkey Partners Mortgage Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreamkey Partners Mortgage 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,989

For more financial information, click here


Official website here: www.cmhp.org/

What is the mission statement of Dreamkey Partners Mortgage Inc?

Dreamkey Partners Mortgage Inc's mission is centered around providing mortgage brokerage and banking services to individuals and families who are directly or indirectly served by Charlotte-Mecklenburg Housing Partnership, Inc. The organization's activities are primarily aimed at supporting the programs and initiatives of this partnership. This support is provided through the offering of mortgage brokerage and banking services, which include pre-purchase education and preparation, as well as down payment assistance, in accordance with the terms and conditions of specific grants that fund homeownership-related activities. The grants provided by Dreamkey Partners Mortgage Inc contribute to the broader goal of making homeownership more accessible to eligible individuals and families.


Official website here: www.cmhp.org/

Who is the CEO of Dreamkey Partners Mortgage Inc?

Julie A Porter is the President of Dreamkey Partners Mortgage Inc.


Official website here: www.cmhp.org/

What is the revenue of Dreamkey Partners Mortgage Inc?

Dreamkey Partners Mortgage Inc's revenue in 2022 was $501,361.


Official website here: www.cmhp.org/

Who are the executives of Dreamkey Partners Mortgage Inc and what are their salaries?


Here are 3 key members and their salaries:


Julie A Porter (President)
  • Compensation: $0
  • Related: $271,348
  • Other: $25,795
Fred Dodson Jr (Vice President)
  • Compensation: $0
  • Related: $225,947
  • Other: $23,072
Kevin Schrader (Treasurer)
  • Compensation: $0
  • Related: $161,746
  • Other: $9,515


Official website here: www.cmhp.org/

Where can I find the form 990 for Dreamkey Partners Mortgage Inc?

Dreamkey Partners Mortgage Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cmhp.org/

Learn more at the official website: www.cmhp.org/

Mission Statement of Dreamkey Partners Mortgage Inc

Dreamkey Partners Mortgage Inc, as a mission-driven organization, is dedicated to providing mortgage brokerage and mortgage banking services to individuals and families who are directly or indirectly served by Charlotte-Mecklenburg Housing Partnership, Inc. This non-profit aims to support and implement the programs and activities of its parent organization, Charlotte-Mecklenburg Housing Partnership, Inc., by offering mortgage-related services.

In more detail, Dreamkey Partners Mortgage Inc operates with the objective of offering pre-purchase education and preparation, as well as down payment assistance, to future eligible homebuyers. These services are provided in accordance with the terms and conditions of grants that fund specific activities related to homeownership. This mission is aligned with the broader goal of Charlotte-Mecklenburg Housing Partnership, Inc., which is to promote and facilitate affordable housing opportunities for its served population. By offering mortgage services, Dreamkey Partners Mortgage Inc contributes to this mission, helping individuals and families achieve their dream of homeownership.

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Impact




October, 2024

Dreamkey Partners Mortgage Inc makes a significant impact by providing essential mortgage brokering and banking services to individuals and families in the Charlotte-Mecklenburg area. By facilitating access to homeownership, they play a crucial role in the community by offering pre-purchase education and preparation, which empowers potential buyers with the knowledge and skills they need to navigate the home-buying process.

Additionally, through down payment assistance programs, Dreamkey Partners helps alleviate one of the most significant barriers to homeownership—affording the upfront costs. By supporting eligible homebuyers, they not only help families secure stable housing but also contribute to the overall economic development of the Charlotte region. Their focus on both education and financial support fosters long-term community stability and growth, making housing more accessible for those who may otherwise face challenges in the market.




This information is meant to be a general summary of Dreamkey Partners Mortgage 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.

Revenue
$501,361 (2022)
Expenses
$527,843 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,802
  • Program Service Revenue: $9,765
  • Gross Receipts: $501,361

Assets and Liabilities:

  • Total Assets: $1,445,351
  • Total Liabilities: $1,532,462
  • Net Assets: -$87,111

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN FEE INCOME

Revenue

$9,765

Organization Details

Founding Year

2001

Principal Officer

Julie A Porter

Main Address

4601 CHARLOTTE PARK DR STE 350, CHARLOTTE, NC, 28217

NTEE Category

Code: L11 - Housing

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