Overview
What is The Home Partnership Foundation Inc?
The Home Partnership Foundation Inc, based in Boise, Idaho, is a dedicated nonprofit organization. Primarily, they focus on promoting affordable housing and providing support for housing and shelter services. Through their initiatives, they aim to prevent homelessness in Ada County and collaborate with the City of Boise on an Inclement Weather Shelter Program. Their mission extends beyond this, as they help individuals avoid eviction and maintain financial independence through asset building. Additionally, they facilitate tax-advantaged property donations for affordable housing purposes, thereby contributing to the overall betterment of housing situations in Idaho.
Official website here: www.homepartnershipfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Home Partnership Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The charity's overall score is derived entirely from its impressive accountability and finance metrics, indicating excellent management of funds and organizational transparency. This high score underscores the foundation’s dedication to maintaining strict financial practices and governance.
Key strengths include a fully independent board, which scored a perfect 10 out of 10, and a notable program expense ratio of 90.83%, suggesting that the vast majority of funds are directed towards its mission-driven activities. Additionally, the organization demonstrates robust financial health with a low liabilities to assets ratio of 1.56% and a solid working capital ratio of 1.40 years, ensuring it has the necessary resources to sustain operations.
While the data does not indicate any significant limitations, the focus on accountability and finance means that the foundation may have areas for improvement in other operational aspects not evaluated by the rating system. Overall, this charity exemplifies strong fiscal responsibility and effective governance, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Home Partnership Foundation Inc legitimate?
The Home Partnership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Home Partnership Foundation 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: $93,383
Other Salaries and Wages: $102,417
For more financial information, click here
Official website here: www.homepartnershipfoundation.org
What is the mission statement of The Home Partnership Foundation Inc?
The Home Partnership Foundation Inc's mission is centered around promoting affordable housing and supporting shelter services. Their primary goal is to reduce homelessness by helping individuals and families establish stable, safe living situations. The foundation offers assistance to prevent evictions and provides shelter services for the most disadvantaged individuals in Idaho. Additionally, they encourage financial independence through asset building programs. Furthermore, The Home Partnership Foundation Inc facilitates tax-advantaged property donations for the purpose of creating more affordable housing opportunities.
Official website here: www.homepartnershipfoundation.org
Who is the CEO of The Home Partnership Foundation Inc?
Gerald M Hunter is the President-Ihfa Executive Director of The Home Partnership Foundation Inc.
Official website here: www.homepartnershipfoundation.org
What is the revenue of The Home Partnership Foundation Inc?
The Home Partnership Foundation Inc's revenue in 2022 was $4,064,238.
Official website here: www.homepartnershipfoundation.org
Who are the executives of The Home Partnership Foundation Inc and what are their salaries?
There 7 volunteers at The Home Partnership Foundation Inc.
Here are 11 key members and their salaries:
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- Related: $431,209
- Other: $135,411
- Compensation: $0
- Related: $224,924
- Other: $70,263
- Compensation: $0
- Related: $166,310
- Other: $46,591
- Compensation: $0
- Related: $100,812
- Other: $26,707
Official website here: www.homepartnershipfoundation.org
Where can I find the form 990 for The Home Partnership Foundation Inc?
The Home Partnership Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homepartnershipfoundation.org
Learn more at the official website: www.homepartnershipfoundation.org
Mission Statement of The Home Partnership Foundation Inc
The Home Partnership Foundation Inc is dedicated to promoting affordable housing and providing support for housing and shelter services, aiming to prevent homelessness. Their mission is threefold: firstly, they strive to enhance safe and stable housing for individuals across Idaho. Secondly, they offer assistance to shelters and services for the homeless and disadvantaged, providing a sanctuary for those in need. Thirdly, the Foundation assists clients in avoiding eviction and preventing homelessness, ultimately helping them establish financial independence through asset building programs. Furthermore, The Home Partnership Foundation Inc facilitates tax-advantaged property donations for affordable housing purposes, contributing to the broader cause of providing affordable housing solutions.
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Impact
July, 2024
The Home Partnership Foundation Inc promotes affordable housing, supports housing and shelter services, and prevents homelessness in the Boise, Idaho area. The foundation actively raises funds to support the Campaign to End Family Homelessness in Ada County and an Inclement Weather Shelter Program with the City of Boise. The organization helps individuals and families build a strong foundation for their lives through stable, safe, and affordable housing, supports shelters for the homeless and disadvantaged, aids in eviction prevention, encourages financial independence through asset building, and facilitates tax-advantaged property donations for affordable housing purposes. The impact of The Home Partnership Foundation Inc is evident in its efforts to enhance safe, stable, and affordable housing throughout Idaho.
This information is meant to be a general summary of The Home Partnership Foundation 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: $252
- Program Service Revenue: $37,717
- Gross Receipts: $4,064,238
Assets and Liabilities:
- Total Assets: $2,203,097
- Total Liabilities: $135,803
- Net Assets: $2,067,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administration Fees
Revenue
$37,717
Organization Details
Founding Year
2005
Phone
(208) 331-4756Principal Officer
Gerald M Hunter
Main Address
PO Box 7899, Boise, ID, 837071899
NTEE Category
Code: L80 - Housing
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