Overview
What is The Housing Partnership Inc?
The Housing Partnership Inc, based in Louisville, Kentucky, is a dedicated nonprofit organization that focuses on enhancing affordable housing opportunities. Established at 1512 Crums Lane 401, this organization plays a significant role in providing asset oversight and services to its residents. This includes maintaining the properties it develops or acquires, with the ultimate goal of expanding the supply of high-quality, affordable housing in its service area. The organization's mission is twofold: to create, sustain, and promote access to affordable housing opportunities, and to empower its community by offering exceptional housing experiences that foster family stability and support. With a dedicated workforce of 42 individuals, The Housing Partnership Inc is committed to its vision of ensuring that everyone has access to affordable housing.
Official website here: www.wearehpi.org
What are the reviews and ratings of this charity?
The Housing Partnership Inc has earned a Three-Star out of Four Star rating from Charity Navigator with an overall score of 85%. This rating reflects a strong emphasis on Accountability & Finance and indicates the organization has effective financial management practices and governance standards. Notably, 95% of the board members are independent, and the organization has demonstrated transparency with comprehensive financial disclosures.
While the organization excels in accountability measures and program expense ratios, it has limitations in being evaluated for impact, culture, and leadership due to the absence of relevant data. The liabilities to assets ratio received a below-average score, which suggests potential concerns regarding financial stability that may warrant closer scrutiny.
User reviews from GreatNonprofits could not be fetched at this time, limiting insights into public sentiment regarding personal experiences with The Housing Partnership Inc. Overall, the charity shows strength in governance and financial responsibility, though clarity on its broader impact and effectiveness is still needed.
This AI summary has been generated from information found on Charity Navigator.
Is The Housing Partnership Inc legitimate?
The Housing Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 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: $543,318
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,024,001
For more financial information, click here
Official website here: www.wearehpi.org
What is the mission statement of The Housing Partnership Inc?
The Housing Partnership Inc, a non-profit real estate development organization, is committed to creating, sustaining, and promoting access to affordable housing opportunities. Their mission is to encourage family stability, support, and empower their community. Their vision is for everyone to have an exceptional housing experience. To achieve this, they offer asset oversight and services to residents, including maintenance in the properties they have developed or acquired, with the aim of expanding the supply of high-quality affordable housing in their service area.
Official website here: www.wearehpi.org
What is the revenue of The Housing Partnership Inc?
The Housing Partnership Inc's revenue in 2024 was $9,323,242.
Official website here: www.wearehpi.org
Who are the executives of The Housing Partnership Inc and what are their salaries?
The average compensation at The Housing Partnership Inc during 2024 was $59,705. There are 43 employees and 53 volunteers at The Housing Partnership Inc.
Here are 28 key members and their salaries:
- Compensation: $182,684
- Related: $0
- Other: $19,875
- Compensation: $132,775
- Related: $0
- Other: $32,140
- Compensation: $151,356
- Related: $0
- Other: $5,052
- Compensation: $19,208
- Related: $0
- Other: $228
- Compensation: $52,737
- Related: $0
- Other: $8,412
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $117,871
- Related: $0
- Other: $11,924
- Compensation: $103,842
- Related: $0
- Other: $6,408
Official website here: www.wearehpi.org
Where can I find the form 990 for The Housing Partnership Inc?
The Housing Partnership Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wearehpi.org
Learn more at the official website: www.wearehpi.org
Mission Statement of The Housing Partnership Inc
The Housing Partnership Inc is a non-profit real estate development organization with a mission to create, sustain, and promote access to affordable housing opportunities. Their vision is to provide an exceptional housing experience for everyone, aiming to foster family stability and support within the community. Through asset oversight and services, they ensure the maintenance of properties they've developed or acquired, contributing to the expansion of the high-quality, affordable housing supply in their service area. In essence, The Housing Partnership Inc is dedicated to making affordable housing a reality, thereby empowering their community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Housing Partnership Inc's impact lies in its efforts to create, sustain, and promote access to affordable housing opportunities. Through asset oversight and services provided to residents, including maintenance in the properties developed or acquired by the organization, it expands the supply of high-quality affordable housing in Louisville, KY. The organization's mission is to encourage family stability, support, and empower the community by creating affordable housing opportunities. Their vision is for everyone to have an exceptional housing experience.
This information is meant to be a general summary of The 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 2024.
- Investment Income: $31,507
- Program Service Revenue: $7,714,836
- Gross Receipts: $9,414,691
Assets and Liabilities:
- Total Assets: $43,644,315
- Total Liabilities: $33,901,024
- Net Assets: $9,743,291
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT
Revenue
$3,947,212
MULTI-FAMILY HOUSING P
Revenue
$2,241,779
SINGLE-FAMILY HOUSING
Revenue
$1,525,845
Organization Details
Founding Year
1988
Principal Officer
Andrew Hawes
Website
www.wearehpi.orgNTEE Category
Code: L80 - Housing
If you are a representative of The Housing Partnership Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.