Totals
- Total revenue
- $1,249,122
- Total expenses
- $1,437,842
- Contributions and grants received
- $124,151
- Grants paid
- $0
- Program service revenue
- $1,048,963
- Investment income
- -$59,747
- Other revenue
- $135,755
- Total assets, end of year
- $4,719,500
- Total liabilities, end of year
- $1,994,514
- Net assets or fund balances, end of year
- $2,724,986
- Program services expenses (Part IX)
- $1,362,248
- Management and general expenses
- $75,594
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,362,248
Program services were 94.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$111,258
-
1f · All other contributions, gifts and grants
$12,893
-
2a · Program service revenue: Rental income
total $844,867 · related or exempt $844,867
-
2b · Program service revenue: Fees for service
total $180,184 · related or exempt $180,184
-
2c · Program service revenue: Developer fee income
total $23,912 · related or exempt $23,912
-
3 · Investment income
total $253 · excluded $253
-
7b · Less cost or other basis and sales expenses
other assets $60,000
-
7c · Gain or loss
other assets -$60,000
-
7d · Net gain or loss
total -$60,000 · excluded -$60,000
-
11a · Other revenue: Debt Forgiveness
total $115,565 · excluded $115,565
-
11b · Other revenue: Insurance Reimbursemen
total $19,681 · excluded $19,681
-
11c · Other revenue: Miscellaneous Income
total $509 · excluded $509
-
11e · Other revenue, total
$135,755
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $42,542 · program services $42,542
-
7 · Other salaries and wages
total $261,716 · program services $254,757 · management and general $6,959
-
9 · Other employee benefits
total $45,249 · program services $44,217 · management and general $1,032
-
10 · Payroll taxes
total $22,744 · program services $22,009 · management and general $735
-
11g · Fees: other
total $107,847 · program services $78,932 · management and general $28,915
-
16 · Occupancy
total $42,886 · program services $41,755 · management and general $1,131
-
20 · Interest
total $101,993 · program services $77,757 · management and general $24,236
-
22 · Depreciation, depletion and amortization
total $300,322 · program services $300,322
-
23 · Insurance
total $74,777 · program services $73,550 · management and general $1,227
-
24a · Other expenses: Repairs and Maintenance
total $216,181 · program services $214,606 · management and general $1,575
-
24b · Other expenses: FFS Project Expense
total $141,993 · program services $141,993
-
24c · Other expenses: Guaranty Advance Bad De
total $38,862 · program services $38,862
-
24d · Other expenses: Miscellaneous
total $22,110 · program services $12,326 · management and general $9,784
-
24e · All other expenses
total $18,620 · program services $18,620
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $135,786 · end of year $130,571
-
4 · Accounts receivable
beginning of year $299,697 · end of year $41,615
-
10a · Land, buildings and equipment: cost or other basis
$10,339,457
-
10b · Land, buildings and equipment: accumulated depreciation
$5,873,691
-
10c · Land, buildings and equipment, net
beginning of year $4,219,402 · end of year $4,465,766
-
13 · Investments: program-related
beginning of year $50,519 · end of year $53,048
-
15 · Other assets
beginning of year $205,802 · end of year $28,500
-
17 · Accounts payable and accrued expenses
beginning of year $128,243 · end of year $63,874
-
19 · Deferred revenue
beginning of year $22,433 · end of year $26,156
-
23 · Secured mortgages and notes payable
beginning of year $2,118,463 · end of year $1,850,651
-
25 · Other liabilities
beginning of year $66,700 · end of year $53,833
-
27 · Net assets without donor restrictions
beginning of year $2,545,890 · end of year $2,695,509
-
28 · Net assets with donor restrictions
beginning of year $29,477 · end of year $29,477
Mission and programs · 2023
Mission
Housing Partnerships, Inc creates great communities through direct investments and partnerships.
-
Developing and providing affordable rental housing for low-income eligible residents.
Expenses $1,121,247 · Revenue $844,867
-
Making repairs to homes owned by qualified individuals.
Expenses $241,001 · Revenue $204,096
As filed on the 2023 return.
Listed in Part VII
-
Catherine Wichman - Exit 1223
President
- Total calculated
- $0
- Hours/week
- 4 + 2 related
-
Maria Rodriguez
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Grace Kestler
President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Blake Reed
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Brandi Johnson - Exit 1223
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jasmine O'Conner - Exit 1223
Director
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Megan Cherry
Vice President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Maci Baurle - Start 523
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark Lindenlaub
Executive Dir.
- Total calculated
- $195,652
- From this org
- $42,542
- From related orgs
- $139,413
- Other
- $13,697
- Hours/week
- 16 + 37.5 related
Schedule J breakdown matched by us
- Base
- $42,542 + $139,413 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $13,697 related
- Filer's total
- $42,542 + $153,110 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Aging and Community Services of South Central Indiana Inc
501(c)(3) · to assist older adults and persons with disabilities · IN
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
HGS Apartments LLC
Low-income Housing · IN · income -$18 · assets -$260
-
CS Columbus LLC
Low-income Housing · IN · income $0 · assets $0
-
GA of Columbus LLC
Low-income Housing · IN · income -$15 · assets -$171
-
CV Seymour LLC
Low-income Housing · IN · income -$7 · assets -$99,606
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
Cambridge Square Columbus LP
Low-income Housing · IN · share of income -$16 · share of assets -$66 · general or managing partner
-
Crossroads Village LP
Low-income Housing · IN · share of income -$7 · share of assets -$99,606 · general or managing partner
-
Gateway Apartments LP
Low-income Housing · IN · share of income -$15 · share of assets -$171 · general or managing partner
-
Historic Greensburg Square LP
Low-income Housing · IN · share of income -$18 · share of assets -$260 · general or managing partner
-
HPI Community Housing LP
Related · Low-income Housing · IN · 100% owned · share of income -$68 · share of assets -$11,230 · general or managing partner
Directly controlled by Housing Prtnrshp Inc
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413179349301111
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