Metropolitan Housing Partners Inc
- Assets
- $8.8m
- Revenue
- $11.1k
- Investments
- $2.0m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 31-1487799
Organization Overview
Metropolitan Housing Partners Inc is located in Columbus, OH. The organization was established in 1997. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Housing Partners Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RELIEVE A SHORTAGE OF DECENT, SAFE, AND SANITARY HOUSING FOR PERSONS OF LOW INCOME. TO ENGAGE IN OR ASSIST IN THE DEVELOPMENT, FINANCING OR OPERATION AND CARRYING OUT OR ASSISTING IN CARRYING OUT LOW INCOME HOUSING PROJECT(S) INCLUDING ASSISTANCE BY BORROWING AND LENDING FUND(S), AND TO FUNCTION WITHIN THE MEANING OF THE UNITED STATES HOUSING ACT OF 1937, AS AMENDED, AS AN INSTRUMENTALITY OF COLUMBUS METROPOLITAN HOUSING AUTHORITY.METRO HOUSING SERVES AS AN INVESTOR IN HOUSING PROJECTS THAT ARE FINANCED BY IRC SECTION 42 LOW-INCOME HOUSING TAX CREDITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
METROPOLITAN HOUSING PARTNERS HOLDS INVESTMENTS IN VARIOUS HOUSING COMPANIES IN CENTRAL OHIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James L Ervin Jr Chair - Board Of Directors | Trustee | 0.25 | $0 |
Frederick L Ransier ESQ Vice Chair Board Of Direct | Trustee | 0.25 | $0 |
Jacquelin Lewis Commissioner | Trustee | 0.25 | $0 |
D Malone Commissioner | Trustee | 0.25 | $0 |
Stephen Daley Commissioner | Trustee | 0.25 | $0 |
Charles D Hillman President, CEO | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $11,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,059 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,593 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $64,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,328 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $125,937 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,198,913 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $53,630 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,000,380 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,793,188 |
| Accounts payable and accrued expenses | $449,974 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,898,913 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,348,887 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $2,444,301 |
| Total liabilities and net assets/fund balances | $8,793,188 |