HOUSING PARTNERSHIP INC

Louisville, KY | Jefferson County
Affordable Housing

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
  • 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
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
$14.5M
Revenue
$10M
Assets
$38.2M
Exempt Ruling Date info
1990-01
Deductibility Status info
Deductible
Last Tax Filing info
2020
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
KY
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
1512 CRUMS LN STE 401
Louisville, KY 40216
Jefferson County
FIPS Geocoded Address info
31140
MSA/CBSA info
21
State info
111
County info
0126.03
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Louisville/Jefferson County, KY-IN
Combined Statistical Area info
Louisville/Jefferson County--Elizabethtown--Bardstown, KY-IN
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 56.46%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0126.03 Jefferson County
Population
Total Population 2,754 768,419
Total Households 1,225 316,411
Income
Median Family Income (Census*) $42,115 $58,196
Median Family Income (2019 FFIEC) $70,800 N/A
Tract Income Percentage 64.82% N/A
Below Poverty Level 22.8% 13.7%
Unemployment Level 11.3% 5.3%
Housing
Total Housing Units 1,265 347,172
Total Owner-Occupied Units 59.2% 61.5%
Total Renter-Occupied Units 37.6% 38.5%
Total Vacant Units 3.2% 7.5%
* Census tract income based on 2019 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

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 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 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.