NonprofitsNeighborhood Investment Partners Inc

Housing & Shelter

Neighborhood Investment Partners Inc

COVINGTON, KY

Total revenue

$2.1M

Total expenses

$3.5M

Net assets

Grants received

EIN

611401738

Tax year

2024

Mission

To promote and accomplish community development and the expansion of affordable rental housing, homeownership, and mixed-use development; by identifying and using available capital sources, renovation and new construction. Its purpose also includes the fostering of educational and vocational developments.

Programs

3 programs

The organization owns a 33 unit apartment complex that provides housing to low and moderate income families.

Expenses: $258K

The organization owns a 31 unit apartment complex that provides housing to low and moderate income families.

Expenses: $333K

Services provided by the organization to all housing locations.

Expenses: $14K

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$764K
Investment income$509
Other revenue$214K
Total revenue$2.1M

Expenses

Grants paid
Salaries & benefits$488K
Fundraising
Other expenses$3.0M
Total expenses$3.5M
Total assets$4.3M
Net assets

People

6 listed

NameRoleCompensation

LEROY HODGE

EXECUTIVE DIRECTOR

Board

$103K

40 hrs/wk

BRYCE RHOADES

SECRETARY

Board

1 hrs/wk

BRADIE BOWEN

DIRECTOR

Board

1 hrs/wk

BRANDON HOLMES

PRESIDENT/BOARD CHAIR

Board

20 hrs/wk

BRANDON MIMS

DIRECTOR

Board

1 hrs/wk

ALBERTO GOMEZ

DIRECTOR

Board

1 hrs/wk

Details

EIN611401738
NTEE codeL20
Subsection03
Ruling date2002-05
Formed2002
Employees9
Volunteers0
NEIGHBORHOOD INVESTMENT PARTNERS INC — Mission, Financials & Grants Received | Grantivo