THE HOUSING PARTNERSHIP INC Charity Report

Public IRS 990 nonprofit record

THE HOUSING PARTNERSHIP INC

EIN 61-1154315 · Housing Development, Construction & Management (L20)

What they do

WE ARE A NON-PROFIT REAL ESTATE DEVELOPMENT ORGANIZATION THAT CREATES AFFORDABLE HOUSING OPPORTUNITIES to ENCOURAGE FAMILY STABILITY and SUPPORT and EMPOWER OUR COMMUNITY. OUR VISION is for EVERYONE to HAVE AN EXCEPTIONAL HOUSING EXPERIENCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.03%of revenue went to mission work91.5% of expenses · Program services

0.01%of revenue went to fundraising0.0% of expenses

$98.43spent for every $100 of revenueRevenue covered expenses this year.

8.38%of revenue went to management and office costs8.5% of expenses

$4.20in assets for every $1 spent this yearSome assets cannot be spent right away.

4.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $208,424 for ANDREW HAWES (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13,650,250

Mission workProgram services$12,289,96390.03% of revenue91.5% of expenses

ManagementOffice and general costs$1,144,0728.38% of revenue8.5% of expenses

FundraisingAsking for donations$1,3090.01% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$214,9061.57% of revenueShown in gray on the chart

Total expenses$13,435,34498.43% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 98.43% of revenue

2023Expense mix: 86.0% mission · 14.0% management · 0.0% fundraisingTotal expenses: 91.20% of revenue

2022Expense mix: 88.1% mission · 11.9% management · 0.0% fundraisingTotal expenses: 83.56% of revenue

2021Expense mix: 90.2% mission · 9.8% management · 0.0% fundraisingTotal expenses: 96.67% of revenue

2020Expense mix: 88.0% mission · 12.0% management · 0.0% fundraisingTotal expenses: 90.74% of revenue

2019Expense mix: 87.2% mission · 12.8% management · 0.0% fundraisingTotal expenses: 97.13% of revenue

2018Expense mix: 83.0% mission · 17.0% management · 0.0% fundraisingTotal expenses: 97.08% of revenue

2017Expense mix: 87.0% mission · 13.0% management · 0.0% fundraisingTotal expenses: 132.92% of revenue

Money in and money out

Revenue$13,650,250

Expenses$13,435,344

Annual surplus $214,906 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,289,963 · 91.5% of expenses

Management and office costs$1,144,072 · 8.5% of expenses

Fundraising$1,309 · 0.0% of expenses

See all reported dollar amounts

Revenue$13,650,250

Expenses$13,435,344

Assets$56,421,855

Income$14,614,122

Contributions$635,794

Mission work (program services)$12,289,963

Fundraising$1,309

Grants given$100,000

Average grant$100,000

Management and general$1,144,072

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANDREW HAWESPRESIDENT · 40 hrs/week $208,424Base $190,034 · Other $18,390

PATRICK CORNETTEXECUTIVE VICE PRESIDENT · 40 hrs/week $169,518Base $142,602 · Other $26,916

DONNA MCDONALDDIRECTOR OF ACCOUNTING & F · 40 hrs/week $133,370Base $122,029 · Other $11,341

JULIE SPENCERDIRECTOR OF CONSTRUCTION · 40 hrs/week $109,388Base $101,428 · Other $7,960

LISA DESPAINVICE PRESIDENT (THROUGH MAY 31, 2024) · 40 hrs/week $83,608Base $80,933 · Other $2,675

HANNAH DAVISSECRETARY · 40 hrs/week $68,319Base $65,975 · Other $2,344

GABE FRITZVICE PRESIDENT (EFF OCT 2024) · 40 hrs/week $28,298Base $28,006 · Other $292

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

ANDREW HAWESPRESIDENT

PATRICK CORNETTEXECUTIVE VICE PRESIDENT

DONNA MCDONALDDIRECTOR OF ACCOUNTING & F

JULIE SPENCERDIRECTOR OF CONSTRUCTION

LISA DESPAINVICE PRESIDENT (THROUGH MAY 31, 2024)

HANNAH DAVISSECRETARY

GABE FRITZVICE PRESIDENT (EFF OCT 2024)

YVONNE MCAFEEDIRECTOR

TAMMY THOMASDIRECTOR

SCOTT G LOVEDIRECTOR

RODDELL MCCULLOUGHDIRECTOR

ROBERT B VICEDIRECTOR

ROBERT LOCKEDIRECTOR

RANDY CHILDRESSDIRECTOR (EFF 2024)

NATHAN SMITHDIRECTOR (EFF 2024)

MARK F WHEELERDIRECTOR

MARK HARDINTREASURER

MARIA BOUVETTEDIRECTOR

LORI FLANERYDIRECTOR

JOHN TRAWICKDIRECTOR

JOHN KOEHLINGERDIRECTOR

ERIC BOWDIRECTOR

DONNA L MURRAY-BROWNDIRECTOR

CHUCK SCHRAMBOARD CHAIR

BRIANNA CAREYDIRECTOR

BRIAN KARSTDIRECTOR

BILLIE W WADEDIRECTOR

About this charity

Recognized since: January 1990
Location: 1405 WEST BDWY SUITE 101, LOUISVILLE, KY 40203-0000
County: Jefferson
In care of: PATRICK CORNETT
Primary officer: PATRICK CORNETT, CFO

How to reach them

WebsiteVisit the charity’s website Phone(502) 585-5451

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: EAG AFFORDABLE HOUSING LLC
NTEE classification: Housing Development, Construction & Management (L20)
IRS tax category: Housing Development, Construction & Management
Grant-giving organization: Yes