Columbus Housing Partnership Inc, operating under the name Homeport, is located in Columbus, OH. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Homeport employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeport is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Homeport generated $13.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $7.9m during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A CORNERSTONE OF DIGNITY, SECURITY AND OPPORTUNITY THROUGH QUALITY AFFORDABLE HOMES AND STRONG COMMUNITIES.
Describe the Organization's Program Activity:
HOMEPORT HOME OWNERSHIP PROVIDES QUALITY, ENERGY EFFICIENT, AFFORDABLE, HOME OWNERSHIP OPPORTUNITIES TO HOUSEHOLDS OF VARYING INCOME AND FACILITATES NEIGHBORHOOD REVITALIZATION. HOMEPORT HOME OWNERSHIP UTILIZES SINGLE FAMILY HOME AND CONDOMINIUM DEVELOPMENT AS A MECHANISM TO ACHIEVE THESE GOALS AND COUPLES IT WITH CONCERTED AND TARGETED EFFORTS TO FOSTER COMMUNITY AND ECONOMIC DEVELOPMENT IN ITS FOCUS AREAS. THESE EFFORTS COMBINED CREATE STABLE FAMILIES LIVING IN SUSTAINABLE, MIXED INCOME, VIBRANT COMMUNITIES. IN 2021, CONSTRUCTION WAS COMPLETED ON 5 HOMES AND 5 HOMES WERE SOLD. AS OF 12/31/21 HOMEPORT HOME OWNERSHIP HAD COMPLETED CONSTRUCTION ON 214 HOMES AND SOLD 214 HOMES.
HOUSING ADVISORY SERVICES PROVIDE INDIVIDUALS THE INFORMATION THEY NEED TO IMPROVE THEIR FINANCIAL LIVES AND PREPARE TO PURCHASE THEIR OWN HOMES. HOMEBUYER AND HOUSING COUNSELING PROGRAMS ALSO WORK TO ADDRESS THE UNDERLYING SOCIAL AND ECONOMIC NEEDS FACING FAMILIES WITHIN CENTRAL OHIO NEIGHBORHOODS. HOMEPORT PROGRAMS HELP POTENTIAL HOMEOWNERS UNDERSTAND THAT PURCHASING A HOME COMES WITH MANY OBLIGATIONS. HOMEPORT TEACHES ITS CLIENTS HOW TO BE RESPONSIBLE HOMEOWNERS AND GOOD NEIGHBORS. HOMEPORT HOUSING ADVISORY SERVICES PROVIDED SERVICES INCLUDING PREPURCHASE EDUCATION AND COUNSELING, CREDIT AND BUDGET COUNSELING, FORECLOSURE PREVENTION, AND REVERSE MORTGAGE COUNSELING TO 1,249 NEW CLIENTS IN 2021. HOUSING ADVISORY SERVICES ALSO PROVIDES FINANCIAL LITERACY EDUCATION AND COUNSELING TO RESIDENTS OF HOMEPORT COMMUNITIES TO ASSIST RESIDENTS WITH DEVELOPING THE SKILLS FOR FINANCIAL STABILITY, FINANCIAL SECURITY AND ASSIST WITH ASSET BUILDING.
HOMEPORT PROVIDES PROGRAMS THAT OFFER RESIDENTS SUPPORT AND THE OPPORTUNITY TO KEEP THEIR HOMES AND FAMILIES STABLE, SAFE, AND SECURE. HOMEPORT'S RESIDENT SERVICES DEPARTMENT PROVIDES:OUT OF SCHOOL PROGRAMMING: OFFERED AT 7 COMMUNITIES WITH A FOCUS ON SERVING CHILDREN AGES 5-13, PROVIDED 3-5 AFTERNOONS A WEEK (VARYING PER SITE) FOR HOMEWORK ASSISTANCE, COMPUTER LAB AND SPECIAL PROGRAMS THROUGHOUT THE YEAR TO ASSIST FAMILIES WITH WORKING PARENTS WHEN SCHOOL IS OUT INCLUDING 5 DAYS A WEEK ON-SITE PROGRAMMING AT THOSE SAME COMMUNITIES DURING THE SUMMER. ALL 7 AFTERSCHOOL SITES OPERATED IN PERSON DURING 2021.STUDENT FOOD PROGRAMS: OFFERED AT 7 SITES PROVIDES SUMMER BREAKFAST AND LUNCH TO SCHOOL AGE CHILDREN. TAKE HOME MEALS WERE PROVIDED AT OUR 7 LARGEST MULTIFAMILY SITES AND WAS OPEN TO ALL FAMILIES IN THE COMMUNITY.THE SERVICE COORDINATION TEAM OFFERS REFERRALS AND LINKAGES FOR ALL SITE RESIDENTS. DURING 2021, AS MANY OF OUR RESIDENTS CONTINUED TO FACE HARDSHIPS INITIALLY TRIGGERED BY THE PANDEMIC AND RESIDENT INCOME LOSS, SERVICE COORDINATORS FOCUSED ON SECURING RENTAL AND OTHER FINANCIAL ASSISTANCE FOR 247 HOMEPORT FAMILIES.
OTHER PROGRAM SERVICES RELATED TO HOUSING DEVELOPMENT, CONSTRUCTION, AND ASSET MANAGEMENT TO FURTHER THE MISSION STATEMENT OF HOMEPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce Luecke President / CEO | Officer | 42 | $228,374 |
Valorie Schwarzmann CFO & SVP Program Operations | Officer | 49 | $174,075 |
Maude Hill VP Of Community & Govt. Relations | 43 | $130,090 | |
Leah F Evans SVP Of Real Estate Development | 44 | $124,747 | |
Wade Hungerford Director Of Real Estate Development | 46 | $111,989 | |
Don Butler Real Estate Controller | 39 | $110,968 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kmm Builders Llc Construction Contractor | 12/30/21 | $889,178 |
Ethiopian Tewahedo Social Services Summer Camp & After School Programs | 12/30/21 | $160,104 |
Hooker De Jong Inc Architectural Services | 12/30/21 | $186,300 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $672,586 |
Related organizations | $0 |
Government grants | $2,147,560 |
All other contributions, gifts, grants, and similar amounts not included above | $5,912,233 |
Noncash contributions included in lines 1a–1f | $5,261,160 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,732,379 |
Total Program Service Revenue | $4,840,364 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$96,496 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,476,247 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $243,718 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $431,873 |
Compensation of current officers, directors, key employees. | $376,599 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,820,241 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $625,181 |
Payroll taxes | $0 |
Fees for services: Management | $225,089 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $181,377 |
Advertising and promotion | $159,514 |
Office expenses | $324,824 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $909,456 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $50,305 |
Interest | $764,157 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $250,533 |
Insurance | $148,599 |
All other expenses | $0 |
Total functional expenses | $7,933,178 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,356,652 |
Savings and temporary cash investments | $2,889,870 |
Pledges and grants receivable | $521,181 |
Accounts receivable, net | $1,615,408 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $14,833,621 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $124,243 |
Net Land, buildings, and equipment | $17,608,067 |
Investments—publicly traded securities | $181,500 |
Investments—other securities | $0 |
Investments—program-related | $13,643,862 |
Intangible assets | $0 |
Other assets | $1,429 |
Total assets | $57,775,833 |
Accounts payable and accrued expenses | $8,510,167 |
Grants payable | $0 |
Deferred revenue | $11,151,868 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $191,289 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $14,051,057 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | -$45,405 |
Total liabilities | $33,858,976 |
Net assets without donor restrictions | $21,182,748 |
Net assets with donor restrictions | $2,734,109 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $57,775,833 |
Over the last fiscal year, we have identified 18 grants that Columbus Housing Partnership Inc has recieved totaling $800,342.
Awarding Organization | Amount |
---|---|
Columbus Foundation Columbus, OH PURPOSE: URBAN AFFAIRS | $153,000 |
Ohio Capital Impact Corporation Columbus, OH PURPOSE: PROGRAM SUPPORT | $132,813 |
Columbus Foundation Columbus, OH PURPOSE: URBAN AFFAIRS | $87,000 |
Community Development Collaborative Of Greater Columbus Columbus, OH PURPOSE: COMMUNITY DEVELOP. | $75,000 |
Ohio Capital Impact Corporation Columbus, OH PURPOSE: PROGRAM SUPPORT | $61,500 |
The Housing Partnership Network Inc Boston, MA PURPOSE: HOUSING STABILIZATION (FORECLOSURE & EVICTION) | $56,395 |
Organization Name | Assets | Revenue |
---|---|---|
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |
Buckeye Community Hope Foundation Columbus, OH | $50,429,521 | $11,276,532 |
Caracole Inc Cincinnati, OH | $7,131,053 | $11,567,326 |
Taylor Community Development Corp Taylor, MI | $29,334,174 | $14,242,807 |
Community Action Agency Of Delaware County Inc Boothwyn, PA | $15,976,339 | $8,682,122 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |