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 12/2023, Homeport employed 43 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 12/2022, Homeport generated $9.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $8.1m during the year ending 12/2022. While expenses have increased by 1.3% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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:
Part 3 - Line 4a
HOMEPORT REAL ESTATE DEVELOPMENT PROVIDES QUALITY, ENERGY EFFICIENT, SAFE, AND AFFORDABLE FOR-SALE AND RENTAL-HOME OPPORTUNITIES TO HOUSEHOLDS OF VARYING INCOMES AND, SIMULTANEOUSLY, FACILITATES NEIGHBORHOOD REVITALIZATION WITH CONCERTED EFFORTS TO FOSTER COMMUNITY AND ECONOMIC DEVELOPMENT. WORKING TO CLOSE THE GAP OF MUCH NEEDED AFFORDABLE HOUSING AVAILABLE IN CENTRAL OHIO, HOMEPORT USES THE LOW-INCOME HOUSING TAX CREDIT PROGRAM AND OTHER FUNDING PROGRAMS TO DEVELOP BOTH SINGLE-FAMILY AND MULTI-FAMILY PROPERTIES THAT MAKE AFFORDABLE HOUSING AVAILABLE IN THE REGION.HOMEPORT RENTAL DEVELOPMENT DEVELOPS AND MAINTAINS RENTAL HOMES FOR HOUSEHOLDS WHOSE ANNUAL INCOME IS AT OR BELOW 60% OF AREA MEDIAN INCOME. IN 2023, HOMEPORT COMPLETED CONSTRUCTION OF 150 NEW AFFORDABLE RENTAL HOMES AND 276 MORE AFFORDABLE RENTAL HOMES WERE UNDER CONSTRUCTION. AS OF DECEMBER 31, 2023, HOMEPORT OWNED, MANAGED AND MAINTAINED 3,035 AFFORDABLE RENTAL UNITS HOUSING OVER 7,200 CENTRAL OHIO CITIZENS.HOMEPORT HOME OWNERSHIP DEVELOPMENT USES SINGLE-FAMILY-HOME AND CONDOMINIUM DEVELOPMENT TO CREATE HOME OWNERSHIP OPPORTUNITIES FOR HOUSEHOLDS WHOSE ANNUAL INCOME IS AT OR BELOW 120% OF AREA MEDIAN INCOME. IN 2023, CONSTRUCTION WAS COMPLETED ON 7 HOMES AND 7 HOMES WERE SOLD. AS OF 12/31/2023, HOMEPORT HOME OWNERSHIP HAS COMPLETED CONSTRUCTION ON 223 HOMES AND HAVE SOLD A TOTAL OF 223 HOMES.
HOUSING ADVISORY SERVICES ("HAS") PROVIDES INDIVIDUALS THE INFORMATION THEY NEED TO IMPROVE THEIR FINANCIAL LIVES AND PREPARE TO PURCHASE THEIR FIRST HOME. 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 INCLUDES PREPURCHASE EDUCATION AND COUNSELING, CREDIT AND BUDGET COUNSELING,AND FORECLOSURE PREVENTION COUNSELING TO 1,128 CLIENTS IN 2023. 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. IN 2023, 54 RESIDENTS RECEIVED COUNSELING AND EDUCATION TO ASSIST WITH RECOVERY FROM FINANCIAL HARDSHIP. HOUSING ADVISORY SERVICES ALSO ADMINISTERS DOWNPAYMENT ASSISTANCE PROGRAMS TO ASSIST RESIDENTS OF FRANKLIN COUNTY WITH PAYING THE DOWNPAYMENT AND CLOSING COSTS ASSOCIATED WITH PURCHASING THEIR FIRST HOME. ASSISTANCE GIVES POTENTIAL BUYERS UP TO $15,000 TO MAKE THE DREAM OF HOMEOWNERSHIP A REALITY. IN 2023, HAS ASSISTED 257 INDIVIDUALS AND FAMILIES THROUGH PROGRAMS AND DOWNPAYMENT ASSISTANCE WITH BECOMING A HOME OWNER.
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 TIME 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 DAY A WEEK ON-SITE PROGRAMMING AT THOSE SAME COMMUNITIES DURING THE SUMMER. ADDITIONALLY, NEW BACKPACKS FULL OF SCHOOL SUPPLIES WERE PROVIDED TO 400 HOMEPORT YOUTH TO START THE NEW SCHOOL YEAR.FOOD PROGRAMS: FOR CHILDREN: OFFERED AT 7 SITES PROVIDES SUMMER BREAKFAST AND LUNCH TO SCHOOL AGE CHILDREN. TAKE HOME MEALS WERE PROVIDED AT HOMEPORT'S 7 LARGEST MULTIFAMILY SITES AND WAS OPEN TO ALL FAMILIES IN THE COMMUNITY. CHILDREN RECEIVE FREE BREAKFAST AND LUNCH DURING THE SUMMER PROGRAM, AND A FREE MEAL DURING THE AFTER SCHOOL PROGRAM. FOR FAMILIES AND SENIORS: OVER 200 FAMILIES RECEVED HOLIDAY MEALS, FREE COATS, AND HOLIDAY GIFTS THROUGH HOMEPORT'S WINTER WISHES PROGRAM. THERE WAS A 40% INCREASE IN FAMILIES AND SENIORS PARTICIPATING IN SEASONAL FREE PRODUCE GIVEAWAYS IN 2023 COMPARED TO 2022: 1,255 INDVIDUALS WERE SERVED AT SENIOR SITES AND 1,859 WERE SERVED AT MULTIFAMILY SITES DURING 2023.THE SERVICE COORDINATION TEAM OFFERS REFERRALS AND LINKAGES TO INTERNAL AND COMMUNITY RESOURCES FOR ALL HOMEPORT RESIDENTS, AS WELL AS PROVIDE GUIDANCE TO AND ADVOCACY FOR OUR RESIDENTS WHEN APPROPRIATE. DURING 2023, AS MANY OF HOMEPORT 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 233 HOMEPORT FAMILIES TOTALING OVER $615,000 IN ASSISTANCE. OVERALL 1,052 RESIDENTS WERE LINKED TO 4,212 SERVICES RANGING FROM FOOD ASSISTANCE AND FURNITURE ASSISTANCE TO FINANCIAL ASSISTANCE. LASTLY, THE SERVICE COORDINATION TEAM WORKS THROUGHOUT THE YEAR WITH RESIDENTS AND ON-SITE PROPERTY MANAGEMENT TEAMS TO ENGAGE RESIDENTS AND THE GREATER COMMUNITY VIA COMMUNITY EVENTS AND DISCUSSIONS WITH RESIDENTS TO PROVIDE UPDATES AND TO RECEIVE PROGRAMMING FEEDBACK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emmett Kelly Chairperson | OfficerTrustee | 1 | $0 |
Robyn Judge Vice Chairperson | OfficerTrustee | 1 | $0 |
Michael Purcell Treasurer | OfficerTrustee | 1 | $0 |
Larry Price Secretary | OfficerTrustee | 1 | $0 |
Christy Hune Past Chairperson | Trustee | 1 | $0 |
Linda Flickinger Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kmm Builders Llc Construction Contractor | 12/30/23 | $837,727 |
Ethiopian Tewahedo Social Services Summer Camp & After School Programs | 12/30/23 | $237,774 |
Sawmill Road Management Property Maintenance Services | 12/30/23 | $234,037 |
Shremshrock Architects Inc Architectural Services | 12/30/23 | $111,045 |
American Structurepoint Inc Architectural Services | 12/30/23 | $103,508 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $711,198 |
Related organizations | $0 |
Government grants | $3,696,796 |
All other contributions, gifts, grants, and similar amounts not included above | $537,927 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,945,921 |
Total Program Service Revenue | $5,109,171 |
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 | -$161,398 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,893,694 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $435,691 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $427,238 |
Compensation of current officers, directors, key employees. | $350,185 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,648,630 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $589,351 |
Payroll taxes | $0 |
Fees for services: Management | $211,422 |
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 | $167,381 |
Advertising and promotion | $309,108 |
Office expenses | $325,964 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $681,829 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $59,690 |
Interest | $861,680 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $248,426 |
Insurance | $293,564 |
All other expenses | $0 |
Total functional expenses | $8,064,817 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,892,311 |
Savings and temporary cash investments | $3,289,892 |
Pledges and grants receivable | $135,216 |
Accounts receivable, net | $2,765,711 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $15,916,478 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $115,731 |
Net Land, buildings, and equipment | $17,834,975 |
Investments—publicly traded securities | $159,000 |
Investments—other securities | $0 |
Investments—program-related | $10,740,112 |
Intangible assets | $0 |
Other assets | $1,429 |
Total assets | $58,850,855 |
Accounts payable and accrued expenses | $8,501,319 |
Grants payable | $0 |
Deferred revenue | $2,418,076 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $195,073 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $24,468,455 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | -$46,849 |
Total liabilities | $35,536,074 |
Net assets without donor restrictions | $20,643,797 |
Net assets with donor restrictions | $2,670,984 |
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 | $58,850,855 |