HOUSING PARTNERSHIP INC

Louisville, KY | Jefferson County
Affordable Housing
HOUSING PARTNERSHIP INC
star_outline print more_vert
  • campaignSubmit Feedback
  • mailEmail Nonprofit
    Choose the sections you want to print close
info_outlined
As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

HOUSING PARTNERSHIP INC
61-1154315
1512 CRUMS LN STE 401
Louisville, KY 40216
Jefferson County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • CDFI Award Recipient
  • HUD Counseling Agency
  • LIHTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
399
Other housing activities
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
-
Not reported

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
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.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2021 $2,000,000 Capital Magnet Fund open_in_new The Housing Partnership Inc

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Counseling Programs Offered info
  • Financial Management/Budget Counseling
  • Financial, Budgeting and Credit Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Workshops
Low Income Housing Tax Credit Recipient info
Most Recent LIHTC Project info
BROADWAY PLACE

 
LOUISVILLE, KY
Amount info
Not reported
Project Year info
1999
Allocation Year info
1998
Total Units info
24
Low-Income Units info
24
Currently Monitored info
Not reported
Construction Type info
Acquisition and Rehab
Property Characteristics info
  • Nonprofit Sponsor
  • Scattered Site Property
Special Programs & Financing info
  • None reported
Targeted Population info
  • Families

IRS Summary

Income
$10.4M
Revenue
$10M
Assets
$43.6M

IRS Business Master File Details info

As of November 2022 Update
Exempt Ruling Date info
1990-01
Deductibility Status info
Deductible
Last Tax Filing info
2022
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
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)

IRS Publication 78 Details info

As of April 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

Nonprofit Location

Physical Address info
1512 CRUMS LN STE 401
Louisville, KY 40216
Jefferson County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
31140
MSA/MD info
21
State info
111
County info
0126.03
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
31140 - Louisville/Jefferson County, KY-IN
Combined Statistical Area info
350 - Louisville/Jefferson County--Elizabethtown--Bardstown, KY-IN
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 61.88%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0126.03 Jefferson County
Population
Total Population 2,899 780,449
Total Households 1,118 323,293
Income
Median Family Income (Census*) $56,227 $61,633
Median Family Income (2022 FFIEC est.) $84,700 $84,700
Tract Income Percentage 72.47% N/A
Below Poverty Level 12.8% 13.7%
Unemployment Level 11.0% 5.3%
Housing
Total Housing Units 1,212 354,062
Total Owner-Occupied Units 50.5% 61.6%
Total Renter-Occupied Units 41.7% 38.4%
Total Vacant Units 7.8% 7.6%
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

28
Total Voting Members
in Governing Body info
27
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Patrick Cornett
Executive Vice President
(502) 585-5451
Principal Officer info
Andrew Hawes
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower 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
Organization 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 automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. 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.