PARTNERS IN HOUSING DEVELOPMENT CORPORATION

INDIANAPOLIS, IN | Marion County
Affordable Housing

Overview

PARTNERS IN HOUSING DEVELOPMENT CORPORATION
35-1917637
725 N PENNSYLVANIA ST
INDIANAPOLIS, IN 46204
Marion County
(317) 633-1861

Mission Statement info

PARTNERS IN HOUSING DEVELOPMENT CORPORATION WAS INCORPORATED AS AN INDIANA NOT-FOR-PROFIT CORPORATION IN NOVEMBER 1993. THE MISSION IS TO PROVIDE AFFORDABLE HOUSING TO THE PEOPLE WHO MOST NEED A STABLE PLACE TO LIVE, WHILE GIVING THEM SUPPORT AND A CHANCE TO REACH THEIR HIGHEST LEVEL OF SELF-SUFFICIENCY. TO MEET THESE OBJECTIVES, THE CORPORATION'S ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, THE ACQUISITION, DEVELOPMENT, REHABILITATION, CONSTRUCTION, AND MANAGEMENT OF REAL PROPERTY FOR LOW INCOME HOUSING AND TO PROVIDE SUPPORTIVE SERVICES.

Founded info
1993
Total Employees info
0
Total Volunteers info
0
CRA Category info
  • Affordable Housing
Nonprofit location info
  • Opportunity Zone
Awards & Certifications info
  • LIHTC Recipient
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
380
Low-income housing
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
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
Most Recent LIHTC Project info
APPERSON WAY APARTMENTS
 
KOKOMO, IN
Amount info
$932,001
Project Year info
2017
Allocation Year info
2015
Total Units info
69
Low-Income Units info
69
Currently Monitored info
Not reported
Construction Type info
New Construction
Property Characteristics info
  • Qualified Census Tract
Special Programs & Financing info
  • HUD Rental Assistance
Targeted Population info
  • Disabled
  • Families

IRS Summary

Income
$2.5M
Revenue
$2.4M
Assets
$12.9M
Exempt Ruling Date info
1994-08
Deductibility Status info
Deductible
Tax Filing Year info
2018
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
IN
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 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

Nonprofit Location

Physical Address info
725 N PENNSYLVANIA ST
INDIANAPOLIS, IN 46204
Marion County
FIPS Geocoded Address info
26900
MSA/CBSA info
18
State info
097
County info
3910.00
Tract info
Middle
Income Level info
Core-Based Statistical Area info
Indianapolis-Carmel-Anderson, IN
Combined Statistical Area info
Indianapolis-Carmel-Muncie, 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
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
3910.00 Marion County
Population
Total Population 4,963 944,523
Total Households 2,625 369,033
Income
Median Family Income (Census*) $75,313 $46,692
Median Family Income (2019 FFIEC) $77,800 N/A
Tract Income Percentage 112.73% N/A
Below Poverty Level 30.6% 19.0%
Unemployment Level 5.7% 7.1%
Housing
Total Housing Units 3,055 422,135
Total Owner-Occupied Units 10.6% 54.0%
Total Renter-Occupied Units 75.4% 46.0%
Total Vacant Units 14.1% 9.9%
* Census tract income based on 2019 Census estimated data; County income based on 2018 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

10
Total Voting Members
in Governing Body
info
10
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Scott Armstrong
Executive Director
(317) 633-1861
Principal Officer info
Scott Armstrong
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

"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.