Partnership Inc

Organization Overview

Partnership Inc is located in Riviera Beach, FL. The organization was established in 1996. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 12/2021, Partnership Inc generated $32.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $5.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MANAGEMENT & DEVELOPMENT OF LOW-INCOME HOUSING -- OFFICE SPACE FOR NON-PROFIT ORGANIZATIONS -- SOCIAL SERVICES IN MANAGED HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING PROGRAMS MANAGEMENT AND DEVELOPMENT OF LOW INCOME SUPPORTIVE HOUSING.


MULTIPLE APARTMENT COMPLEXES PROVIDING HOUSING FOR LOW-INCOME INDIVIDUALS AND FAMILIES.


OFFICE SPACE OFFERED TO NON PROFIT PROVIDERS.


SUPPORTIVE HOUSING


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,885,599
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,024,719
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,910,318
Total Program Service Revenue$6,099,868
Investment income $1,047,275
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $13,971,727
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,029,188

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Partnership Inc has recieved totaling $10,446,113.

Awarding OrganizationAmount
C-Hp Cove Inc

New York, NY

PURPOSE: LOW INCOME HOUSING

$5,945,954
Nonprofit Housing Preservations Sb Inc

Riviera Beach, FL

PURPOSE: LOW INCOME HOUSING

$4,355,685
Nonprofit Housing Preservation Pi Inc

Riviera Beach, FL

PURPOSE: LOW INCOME HOUSING

$77,805
Organization Name not Listed

PURPOSE: LOW INCOME HOUSING

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$66,669
View Grant Recipient Profile

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