HBCU ALLIANCE PARTNERS INC

CLEARWATER, FL | Pinellas County
Community Services

Overview

HBCU ALLIANCE PARTNERS INC
82-5032145
5801 ULMERTON RD STE 200
CLEARWATER, FL 33760
Pinellas County
(727) 202-2562

info@hbcualliancepartners.org
Mission Statement info

HBCU ALLIANCE PARTNERS' MISSION STATEMENT IS TO PROVIDE AWARENESS OF NEED AND PRIVATE CAPITAL FOR THE ENRICHMENT AND ENDOWMENT OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCUS).   HBCU ALLIANCE PARTNERS' VISION STATEMENT IS TO FOSTER PARTNERSHIP WITH U.S. CORPORATIONS AND HBCUS IN FORMATION OF CAPITAL FOR ENDOWMENT AND SCHOLARSHIP.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
2018
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
B12

B - Educational Institutions

Fund Raising and Fund Distribution

Organizations that raise and distribute funds for multiple organizations within the Education major group area.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813219
Other Grantmaking and Giving Services
Targeted Clients info
  • At-Risk Youth
  • College Students
  • Economically Disadvantaged
  • Minority Individuals
  • Tribal Organizations
CRA Income Characteristics info
    This nonprofit has claimed its profile but has not yet provided this information.

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
BRANCH BANK CAPITAL FORMATION
Through this unique program, banks throughout the nation can donate decommissioned bank branches or other facilities through allowable IRS bargain sale regulations. These donated properties are received by HBCU Alliance Partners and sold at a fair market value. The proceeds from the sell of the property are utilized to fund scholarships for low-income students attending Historically Black Colleges and Universities (HBCUs).
Targeted Clients info

    Not reported

CRA Income Characteristics info

    Not reported

LOW-INCOME STUDENT HBCU SCHOLARSHIPS
Through its relationship with the Thurgood Marshall College Fund, HBCU Alliance Partners generates funding for scholarships for low-income students enrolled at or attending Historically Black Colleges and Universities (HBCUs) throughout the nation. Under its services, HBCU Alliance Partners receives donated properties from banks or other corporations and markets those properties for sale. The proceeds from those donated property sales are then utilized to fund low-income scholarships.
Targeted Clients info

    Not reported

CRA Income Characteristics info

    Not reported

Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
-
Revenue
-
Assets
-

Not reported by IRS.


The income, revenue, and assets information was not included on this nonprofit's most recent tax filing or the nonprofit has not yet filed its first tax return.
Exempt Ruling Date info
2018-09
Deductibility Status info
Deductible
Last Tax Filing info
Not Applicable
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

Nonprofit Location

Physical Address info
5801 ULMERTON RD STE 200
CLEARWATER, FL 33760
Pinellas County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
45300
MSA/MD info
12
State info
103
County info
0245.14
Tract info
Middle
Income Level info
Core-Based Statistical Area info
45300 - Tampa-St. Petersburg-Clearwater, FL
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 47.73%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
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Market Data

Census Tract County
0245.14 Pinellas County
Population
Total Population 4,953 970,985
Total Households 2,218 413,239
Income
Median Family Income (Census*) $61,635 $56,419
Median Family Income (2022 FFIEC est.) $82,100 N/A
Tract Income Percentage 85.87% N/A
Below Poverty Level 17.3% 11.6%
Unemployment Level 6.9% 5.2%
Housing
Total Housing Units 2,484 510,798
Total Owner-Occupied Units 27.3% 68.1%
Total Renter-Occupied Units 62.0% 31.9%
Total Vacant Units 10.7% 10.5%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
John Blount
Board Member
pblount1953@gmail.com
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.