NonprofitsHousing Partnership Inc

Housing Partnership Inc

LOUISVILLE, KY

Total revenue

$9.3M

Total expenses

$8.5M

Net assets

$12.5M

Grants received

$5.6M

31 grants

EIN

611154315

Tax year

2023

Mission

To create, sustain and promote access to affordable housing opportunities.

Programs

2 programs

Housing production and real estate development: the organization develops and facilitates the development of housing that is affordable to low and moderate income buyers and renters in the region. Over the past twenty years, the organization has solidified its reputation as the area's developer of choice for modestly-priced housing. The organization has excelled in the following areas: * the development of affordable and mixed-income neighborhoods throughout the louisville region. * building partnerships to revitalize neighborhoods and abandoned and underutilized urban properties. * leading the non-profit sector in redeveloping distressed urban neighborhoods.

Expenses: $758K

Housing resources: the organization's financial counseling and education program is hud certified. In addition to counseling and education, this program also oversees the sale of our single-family homes by providing affordable housing opportunities to our existing residents and in our community. 226 homeowners were created with the sale of our homes. Over 6,789 homebuyers and potential homebuyers have been assisted in preparing for, or sustaining, home ownership through financial counseling programs. Nearly 1,918 program graduates have purchased homes as a result of the work of the organization. In addition to home ownership education, the program has helped over 9,941 families avoid foreclosures since 2008. The organization's program has been recognized by kentucky housing corporation for outstanding efforts in predatory lending education. The organization also responds to the most fragile households on the economic scale by providing basic budget and credit counseling.

Expenses: $2.4M

Financials

FY 2023

Revenue

Contributions & grants$1.6M
Program service revenue$7.7M
Investment income
Other revenue$105K
Total revenue$9.3M

Expenses

Grants paid
Salaries & benefits$2.6M
Fundraising$1K
Other expenses$5.9M
Total expenses$8.5M
Total assets$56.9M
Net assets$12.5M

People

28 listed

NameRoleCompensation

ANDREW HAWES

PRESIDENT

Board

$183K

40 hrs/wk

LISA DESPAIN

VICE PRESIDENT

Board

$151K

40 hrs/wk

PATRICK CORNETT

EXECUTIVE VICE PRESIDENT

Board

$133K

40 hrs/wk

HANNAH DAVIS

SECRETARY

Board

$19K

40 hrs/wk

MARK F WHEELER

DIRECTOR

Board

0.4 hrs/wk

DONNA L MURRAY-BROWN

DIRECTOR

Board

0.4 hrs/wk

ROBERT LOCKE

DIRECTOR

Board

0.4 hrs/wk

ROBERT B VICE

DIRECTOR

Board

0.4 hrs/wk

JOHN TRAWICK

DIRECTOR

Board

0.4 hrs/wk

LESLIE K HALE

DIRECTOR

Board

0.4 hrs/wk

TAMMY THOMAS

BOARD CHAIR

Board

0.4 hrs/wk

CHUCK SCHRAM

DIRECTOR

Board

0.4 hrs/wk

LORI FLANERY

DIRECTOR

Board

0.4 hrs/wk

CLAY STINNETT

DIRECTOR

Board

0.4 hrs/wk

JENNIFER MOORE

TREASURER

Board

0.4 hrs/wk

BRIANNA CAREY

DIRECTOR

Board

0.4 hrs/wk

ERIC BOW

DIRECTOR

Board

0.4 hrs/wk

JOHN KOEHLINGER

DIRECTOR

Board

0.4 hrs/wk

BRIAN KARST

DIRECTOR

Board

0.4 hrs/wk

YVONNE MCAFEE

DIRECTOR

Board

0.4 hrs/wk

RODDELL MCCULLOUGH

DIRECTOR

Board

0.4 hrs/wk

MARIA BOUVETTE

PAST BOARD CHAIR

Board

0.4 hrs/wk

BILLIE W WADE

DIRECTOR

Board

0.4 hrs/wk

SCOTT G LOVE

DIRECTOR

Board

0.4 hrs/wk

MARK HARDIN

DIRECTOR

Board

0.4 hrs/wk

DONNA MCDONALD

DIRECTOR OF ACCOUNTING & FINANCE

Staff

$118K

40 hrs/wk

LANDEN BURCHAM THRU 101723

PAST DIRECTOR OF MULTI-FAMILY HOUSING PRODUCTION

Staff

$104K

40 hrs/wk

MARIAN SILLIMAN THRU 81423

PAST SECRETARY

Staff

$53K

40 hrs/wk

Independent contractors

LARRY ALLEN HEATING & AIR CONDITIONING

HVAC REPAIR AND REPLACEMENT

$529K

LARRY SMITH BUILDERS

CONSTRUCTION & REMODELING

$462K

NATIONAL ENVIRONMENTAL CONTRACTING INC

ENVIRONMENTAL REMEDIATION

$302K

ABN RESTORATION INC

CONSTRUCTION & REMODELING

$266K

NANCY ISABEL TEOS CRUZ

CONSTRUCTION & REMODELING

$253K

Grants received

Showing 31 of 31

FromAmountPurposeYear
$575K
GATEWAY ON BROADWAY COMMUNITY SERVICE FACILITY
2024
$300K
L20 HOUSING DEVELOPMENT CONSTRUCTION MANAGEMENT
2023
$100K
BEYOND 9TH: REVITALIZING WEST LOUISVILLE THROUGH STRATEGIC HOMEOWNERSHIP
2023
$42K
3 YR COMMITMENT - SUPPORT HOMEOWNERSHIP IN LOW AND MODERATE INCOME COMMUNITIES IN LOUISVILLE, KY
2023
$15K
FUND COMMUNITY ACCESSIBILITY PROJECTS
2023
$10K
a commercial truck or cargo van
2023
$10K
CHARITABLE DONATION
2023
$517K
BEYOND 9TH: REVITALIZING WEST LOUISVILLE THROUGH STRATEGIC HOMEOWNERSHIP
2022
$112K
FUND COMMUNITY ACCESSIBILITY PROJECTS
2022
$100K
HPI HAS SUCCESSFULLY RENOVATED OR BEGAN RENOVATION OF 22 SINGLE-FAMILY HOMES FOR SALE TO HOUSEHOLDS WITH INCOMES OF 50% AMI OR LOWER, 60% AMI OR LOWER, AND 80% AMI OR LOWER.
2022
$42K
3 YR COMMITMENT - SUPPORT HOMEOWNERSHIP IN LOW AND MODERATE INCOME COMMUNITIES IN LOUISVILLE, KY
2022
$100K
HPI HAS SUCCESSFULLY RENOVATED OR BEGAN RENOVATION OF 22 SINGLE-FAMILY HOMES FOR SALE TO HOUSEHOLDS WITH INCOMES OF 50% AMI OR LOWER, 60% AMI OR LOWER, AND 80% AMI OR LOWER.
2021
$50K
3 YR COMMITMENT - SUPPORT HOMEOWNERSHIP IN LOW AND MODERATE INCOME COMMUNITIES IN LOUISVILLE, KY
2021
$450K
HPI BEYOND 9TH INITIATIVE: REVITALIZING WEST LOUISVILLE THROUGH STRATEGIC HOMEOWNERSHIP
2020
$150K
HPI HAS SUCCESSFULLY RENOVATED OR BEGAN RENOVATION OF 22 SINGLE-FAMILY HOMES FOR SALE TO HOUSEHOLDS WITH INCOMES OF 50% AMI OR LOWER, 60% AMI OR LOWER, AND 80% AMI OR LOWER.
2020
$75K
PROGRAM SUPPORT
2020
$50K
3 YR COMMITMENT - SUPPORT HOMEOWNERSHIP IN LOW AND MODERATE INCOME COMMUNITIES IN LOUISVILLE, KY
2020
$9K
HOUSING COUNSELING, FORECLOSURE PROGRAM
2020
$150K
HPI HAS SUCCESSFULLY RENOVATED OR BEGAN RENOVATION OF 22 SINGLE-FAMILY HOMES FOR SALE TO HOUSEHOLDS WITH INCOMES OF 50% AMI OR LOWER, 60% AMI OR LOWER, AND 80% AMI OR LOWER.
2019
$73K
LOW INCOME HOUSING
2019
$218K
TEMPORARILY RESTRICTED
2018

Funded by

$5.6M from 12 funders · 31 grants · 2017–2024

Neighborhood Reinvestment Corporation

$2.7M · 9 grants · 2017–2023

James Graham Brown Foundation Inc

$1.5M · 3 grants · 2020–2024

The Gheens Foundation Inc

$600K · 5 grants · 2019–2023

The Community Foundation Of

$300K · 1 grant · 2023

First Financial Foundation

$183K · 4 grants · 2020–2023

National Fair Housing Alliance

$128K · 2 grants · 2022–2023

Ohio Capital Impact Corporation

$75K · 1 grant · 2020

Details

EIN611154315
Subsection03
Ruling date1990-01
Formed1988
Employees43
Volunteers53
HOUSING PARTNERSHIP INC — Mission, Financials & Grants Received | Grantivo