NonprofitsHousing Partnership

Housing & Shelter

Housing Partnership

PORTSMOUTH, NH

Total revenue

$219K

Total expenses

$895K

Net assets

$5.0M

Grants received

$54K

7 grants

EIN

020427331

Tax year

2024

Mission

The housing partnership's (thp) mission is to strengthen the communities of the greater seacoast region of new hampshire and southern maine by creating diverse housing opportunities, utilizing innovative approaches to development, and practicing strong stewardship of our housing. We value economic sustainability, economic and social diversity and smart growth. By honoring these values, we create housing that strengthens the fabric of communities.

Programs

2 programs

Property development - development of affordable housing through construction of new housing as well as purchase and rehab of existing housing.

Expenses: $140K

Homeward bound - a free and community-based comprehensive homebuyer eduction program offer in the seacoast region of new hampshire. It is the only hud-certified homebuyer education program offered in the seacoast region. The 8-hour program teaches the steps necessary for successful homeownership. It prepares graduates to navigate the potential pitfalls of the home buying process. Graudates gain access to transitional bank financing, as well as satisfying the requirements of many income-restricted loan programs. The program also offers tips on establishing and saving for a down payment, improving credit score, shopping for a home, securing a mortgage, getting a home inspection, closing the sale and keeping a home and managing finances. In addition, the program offers appointments for individual counseling.

Expenses: $71K

Financials

FY 2024

Revenue

Contributions & grants$72K
Program service revenue$527K
Investment income$50K
Other revenue
Total revenue$219K

Expenses

Grants paid
Salaries & benefits$321K
Fundraising
Other expenses$574K
Total expenses$895K
Total assets$13.3M
Net assets$5.0M

People

6 listed

NameRoleCompensation

MARTY CHAPMAN

EXECUTIVE DIRECTOR

Board

$166K

37.5 hrs/wk

RYAN J BISHOP

DIRECTOR

Board

0.5 hrs/wk

BILL CORMIER

DIRECTOR

Board

0.5 hrs/wk

SANDRA PAGEL

DIRECTOR

Board

0.5 hrs/wk

JEFF GILBERT

PRESIDENT

Board

0.5 hrs/wk

PHILIP COHEN

TREASURER

Board

0.5 hrs/wk

Independent contractors

CHINBUILDERS INC

CONSTRUCTION SERVICES

$1.6M

CASTAGNA CONSULTING GROUP LLC

CONSTRUCTION SERVICES

$325K

COTE ELECTRIC LLC

CONSTRUCTION SERVICES

$122K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$15K
DEVELOP AND MAINTAIN AFFORDABLE HOUSING PROGRAM
2021
$5K
EXEMPT PURPOSE
2020
$10K
DEVELOP AND MAINTAIN AFFORDABLE HOUSING PROGRAM
2019
$5K
PROGRAM/OPERATING SUPPORT
2018

Funded by

$54K from 4 funders · 7 grants · 2018–2023

Td Charitable Foundation

$25K · 2 grants · 2019–2021

The Bank of America Charitable Foundation Inc

$23K · 3 grants · 2018–2021

Eastern Bank Foundation

$5K · 1 grant · 2020

Eastern Cambridge Foundation Inc

$1K · 1 grant · 2023

Details

EIN020427331
NTEE codeL200
Subsection03
Ruling date1989-06
Formed1988
Employees3
Volunteers6
HOUSING PARTNERSHIP — Mission, Financials & Grants Received | Grantivo