Housing Partnerships Inc
- Assets
- $5.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Columbus, IN
- Founding
- 10/1990
- Data as of
- 12/2021
- EIN
- 35-1807216
Organization Overview
Housing Partnerships Inc is located in Columbus, IN. The organization was established in 1990. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Housing Partnerships Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Partnerships Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Housing Partnerships Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOUSING PARTNERSHIPS, INC CREATES GREAT COMMUNITIES THROUGH DIRECT INVESTMENTS AND PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPING AND PROVIDING AFFORDABLE RENTAL HOUSING FOR LOW-INCOME ELIGIBLE RESIDENTS.
MAKING REPAIRS TO HOMES OWNED BY QUALIFIED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Lindenlaub Executive Dir. | Officer | 16 | $42,542 |
Catherine Wichman President | OfficerTrustee | 4 | $0 |
Nyra Miller Vice President | OfficerTrustee | 1 | $0 |
Julie Belser Secretary/treasurer | OfficerTrustee | 1 | $0 |
Maria Rodriguez Director | Trustee | 1 | $0 |
Jasmine O'conner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,272 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,681 |
| Total Program Service Revenue | $901,225 |
| Investment income | $3,939 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,017,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,126 |
| Compensation of current officers, directors, key employees. | $20,653 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $334,253 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78,262 |
| Payroll taxes | $24,461 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,305 |
| Advertising and promotion | $0 |
| Office expenses | $19,665 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,519 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $435 |
| Interest | $64,237 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $345,669 |
| Insurance | $109,104 |
| All other expenses | $0 |
| Total functional expenses | $1,466,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,056 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,925 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,619 |
| Net Land, buildings, and equipment | $4,474,601 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,012,188 |
| Total assets | $5,683,389 |
| Accounts payable and accrued expenses | $15,930 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,660,332 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $118,396 |
| Total liabilities | $1,794,658 |
| Net assets without donor restrictions | $3,856,543 |
| Net assets with donor restrictions | $32,188 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,683,389 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Housing Partnerships Inc has recieved totaling $5,475.
| Awarding Organization | Amount |
|---|---|
United Way Of Bartholomew County Inc Columbus, IN PURPOSE: COVID RELIEF GRANT | $5,475 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
European American Association Chicago, IL | $18,209,689 | $14,984,488 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Hispanic Housing Development Corp Chicago, IL | $88,735,655 | $15,154,061 |
Residential Options Inc Alton, IL | $11,785,898 | $11,284,358 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Oak Park Residence Corp Oak Park, IL | $43,726,959 | $10,429,189 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Housing Partnership Inc Louisville, KY | $43,644,315 | $10,025,390 |