Overview
What is Housing Partnership Inc?
Housing Partnership Inc, also known as Community Partners of South Florida, is a not-for-profit community development organization based in Riviera Beach, Florida. They focus on improving the living situations of individuals and families in need, believing that a home is more than just a physical structure. Their services consist of five business lines: Homeownership Promotion and Preservation, Financial Capabilities, Lending, Supportive Housing, and Real Estate Development. Their initiatives span across South Florida, providing housing assistance, financial empowerment services, and affordable housing solutions. Through various programs and partnerships, they have helped over 2,000 residents annually and have developed properties for special needs populations. They collaborate with stakeholders to create affordable housing options and have a land acquisition program aimed at upgrading the housing stock in underserved communities.
Official website here: www.cpsfl.org
What are the reviews and ratings of this charity?
91% rating from Charity Navigator indicates that Housing Partnership Inc is a well-managed nonprofit organization with a strong emphasis on accountability and community impact. The high scores in both Accountability & Finance and Culture & Community suggest that the organization maintains effective governance and fosters a positive environment for its stakeholders.
User feedback highlights the nonprofit's dedication to assisting families and individuals, particularly in Palm Beach County. Reviews from board members and clients emphasize the professionalism and commitment of the team, noting their significant impact in areas such as housing and mental health services. The organization is praised for its effective operations and the positive outcomes it generates for those it serves.
While overall ratings are strong, the feedback does not address any specific limitations or challenges faced by Housing Partnership Inc. The absence of negative comments suggests a generally favorable perception among clients and volunteers, reinforcing the nonprofit’s reputation as a valuable community resource.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Housing Partnership Inc legitimate?
Housing Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $633,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,340,388
For more financial information, click here
Official website here: www.cpsfl.org
What is the mission statement of Housing Partnership Inc?
Housing Partnership is a not-for-profit organization dedicated to improving the lives of families and children facing social, emotional, and financial adversity. Through its various programs and services, the organization aims to provide stable housing and financial stability. A home is more than just a structure; it's a place to raise a family, be part of a community, and build wealth. Housing Partnership offers five business lines, including homeownership promotion and preservation, financial capabilities, lending, supportive housing, and real estate development. The organization's services include homebuyer education, financial literacy workshops, tax preparation assistance, and affordable housing development. Housing Partnership collaborates with stakeholders to create safe and affordable housing options for those in need, addressing the shortage of affordable housing for extremely low-income households.
Official website here: www.cpsfl.org
Who is the CEO of Housing Partnership Inc?
Scott Hansel is the Vice Chair of Housing Partnership Inc. The CEO's salary of Housing Partnership Inc is $212,158 and their total compensation is $238,896.
Official website here: www.cpsfl.org
What is the revenue of Housing Partnership Inc?
Housing Partnership Inc's revenue in 2022 was $15,305,420.
Official website here: www.cpsfl.org
Who are the executives of Housing Partnership Inc and what are their salaries?
The average compensation at Housing Partnership Inc during 2022 was $34,995. There are 285 employees and 45 volunteers at Housing Partnership Inc.
Here are 15 key members and their salaries (Housing Partnership Inc's CEO's salary is $212,158 and their total compensation is $238,896):
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- Compensation: $212,158
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- Compensation: $129,733
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Official website here: www.cpsfl.org
Where can I find the form 990 for Housing Partnership Inc?
Housing Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cpsfl.org
Learn more at the official website: www.cpsfl.org
Mission Statement of Housing Partnership Inc
Housing Partnership, a not-for-profit community development organization, is dedicated to improving the lives of children and families facing social, emotional, and financial adversity. This organization believes that a home is more than just a structure; it's a place where families can build a community and create wealth. Housing Partnership offers various services through five business lines: Homeownership Promotion and Preservation, Financial Capabilities, Lending, Supportive Housing, and Real Estate Development.
The mission of Housing Partnership is to provide housing services and financial empowerment to individuals and families in need, enabling them to reach long-term stability and self-sufficiency. The organization's Homeownership Promotion and Preservation Program offers a full spectrum of homeownership services, from pre-purchase counseling to access to mortgage assistance. The Financial Capabilities Program provides low-income residents with a one-stop source for financial empowerment, including a matched-savings program, credit issue resolution, and financial coaching.
Supportive Housing Programs cater to special needs populations, including homeless families, those with mental health or substance abuse issues, and adults with chronic mental illness. Housing Partnership develops properties for these populations and collaborates with area landlords to facilitate decent, affordable living. The organization's Lending Program offers brokerage services, closes loans, and originates and closes deferred second mortgages. Real Estate Development and Asset Management focuses on creating new residential options for households earning up to 120% of the Palm Beach County Area Median Household Income. Housing Partnership is currently in the predevelopment stage of three projects that will add 30 housing units for sale and 30 rental units to the market.
By providing housing services and financial empowerment, Housing Partnership is making a significant impact on the lives of children and families facing adversity, helping them overcome barriers and build a brighter future.
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Impact
October, 2024
Housing Partnership Inc significantly impacts the community by fostering long-term financial stability and self-sustainability for individuals and families seeking housing solutions. This organization recognizes that a home is not merely a physical structure but a foundation for building wealth, raising families, and participating in community life. Through a comprehensive suite of services, Housing Partnership Inc promotes homeownership while preserving existing homes, and directly addresses the unique needs of vulnerable populations.
One key area of impact is the supportive housing program, which blends social services with housing assistance, particularly for homeless families and individuals with mental health or substance abuse challenges. Projects like The Village provide transitional housing for those in need, significantly improving the lives of 35 residents by offering stability and a pathway to recovery.
Moreover, the Homeownership Promotion and Preservation Program equips clients with essential resources through homebuyer education, counseling, and access to mortgage and down payment assistance. These services aim to empower families to achieve sustainable homeownership, making financial literacy and stability achievable goals.
The Prosperity Center further enhances financial empowerment by providing services such as matched-savings programs for homeownership, addressing credit issues, and offering job assistance. These initiatives are crucial for low-income residents aspiring to improve their financial standing.
In addressing the affordable housing crisis, Housing Partnership Inc leads the charge by developing new residential units and upgrading existing housing stock, particularly in disenfranchised communities. Their partnerships have resulted in significant investments, including the development of properties under the Community Land Trust model, which makes homeownership more accessible while maintaining affordability over the long term.
Through various lending programs and innovative initiatives like the Security Our Future Initiative, Housing Partnership Inc is dedicated to creating a more equitable housing landscape, thereby reducing housing instability and elevating the quality of life for countless families in the community.
This information is meant to be a general summary of 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: $11,442
- Program Service Revenue: $2,404,307
- Gross Receipts: $15,307,139
Assets and Liabilities:
- Total Assets: $15,174,937
- Total Liabilities: $8,607,170
- Net Assets: $6,567,767
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Fees
Revenue
$2,026,759
Consulting fees and other income
Revenue
$238,544
Management Services
Revenue
$85,668
Rental Income
Revenue
$53,336
Organization Details
Founding Year
1986
Phone
(561) 841-3500Principal Officer
Scott Hansel
Main Address
2001 W Blue Heron Blvd, Riviera Beach, FL, 33404
Website
www.cpsfl.orgNTEE Category
Code: L20Z - Housing
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