Home Partnership Inc
- Assets
- $488.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Joppa, MD
- Founding
- 03/1995
- Data as of
- 06/2023
- EIN
- 52-1892575
Organization Overview
Home Partnership Inc is located in Joppa, MD. The organization was established in 1995. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Home Partnership Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Partnership 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 06/2023, Home Partnership Inc generated $97.2k 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 (25.1%) each year. All expenses for the organization totaled $228.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO EXPAND ACCESS TO AFFORDABLE AND SUCCESSFUL HOMEOWNERSHIP FOR LOW AND MODERATE INCOME FAMILITES AND TO COMBAT COMMUNITY DETERIORATION, THEREBY STRENGTHENING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Hodgetts President & CEO | 20 | $95,000 | |
Laura L'italien Director | 1 | $0 | |
Cora Grishkot Director | 1 | $0 | |
Richard Hebert Secretary | 1 | $0 | |
Linda Mckinnon Director | 1 | $0 | |
Dave Stromberg Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,394 |
| Total Program Service Revenue | $58,609 |
| Membership dues | $0 |
| Investment income | $2,238 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,241 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $170,157 |
| Professional fees and other payments to independent contractors | $27,226 |
| Occupancy, rent, utilities, and maintenance | $11,790 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,473 |
| Total expenses | $228,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,896 |
| Other assets | $0 |
| Total assets | $488,792 |
| Total liabilities | $121,717 |
| Net assets or fund balances | $367,075 |