Home Partnership Inc
- Assets
- $644.8k
- Revenue
- $550.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Joppa, MD
- Founding
- 03/1995
- Data as of
- 06/2022
- EIN
- 52-1892575
Organization Overview
Home Partnership Inc is located in Joppa, MD. The organization was established in 1995. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Home Partnership Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Partnership Inc 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 06/2022, Home Partnership Inc generated $550.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $346.5k during the year ending 06/2022. 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
HOUSING ADVOCACY FOR LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EXPAND ACCESS TO AFFORDABLE AND SUCCESSFUL HOMEOWNERSHIP FOR LOW AND MODERATE INCOME FAMILITES AND TO COMBAT COMMUNITY DETERIORATION, THEREBY STRENGTHENING COMMUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Hodgetts CEO | Officer | 20 | $92,346 |
Linda Mckinnon Secretary | OfficerTrustee | 1 | $0 |
Andrew Stansfield Chairman | OfficerTrustee | 1 | $0 |
Michael Charlton Treasurer | OfficerTrustee | 1 | $0 |
Maureen Danos Director | Trustee | 1 | $0 |
Cora Grishkot Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $74,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,250 |
| Total Program Service Revenue | $468,267 |
| Investment income | $585 |
| 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 | $550,102 |
| 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. | $102,947 |
| Compensation of current officers, directors, key employees. | $21,766 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,973 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,390 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,289 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,109 |
| Advertising and promotion | $0 |
| Office expenses | $9,758 |
| Information technology | $9,079 |
| Royalties | $0 |
| Occupancy | $10,276 |
| Travel | $4,393 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,001 |
| Insurance | $2,102 |
| All other expenses | $0 |
| Total functional expenses | $346,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $239,320 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,830 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $380,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,893 |
| Net Land, buildings, and equipment | $7,776 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $644,819 |
| Accounts payable and accrued expenses | $15,817 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $130,522 |
| Total liabilities | $146,339 |
| Net assets without donor restrictions | $498,480 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $644,819 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Home Partnership Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Southway Builders Charitable Trust Inc Baltimore, MD PURPOSE: UNRESTRICTED GRANT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helping Up Mission Incorporated Baltimore, MD | $36,151,019 | $24,482,350 |
Friendship Place Washington, DC | $9,467,594 | $20,756,314 |
Forkids Inc Chesapeake, VA | $30,389,970 | $15,557,559 |
Central Union Mission Washington, DC | $25,037,840 | $16,629,553 |
New Hope Housing Inc Alexandria, VA | $4,724,081 | $13,222,867 |
House Of Ruth Washington, DC | $26,954,207 | $14,138,940 |
York Union Rescue Mission Inc York, PA | $4,203,301 | $6,244,380 |
Opportunity House Reading, PA | $5,953,825 | $7,820,343 |
The Light House Inc Annapolis, MD | $14,282,025 | $6,589,792 |
Caritas Richmond, VA | $20,735,460 | $5,144,634 |
Bethesda Project Philadelphia, PA | $5,417,974 | $5,948,466 |
Doorways For Women & Families Inc Arlington, VA | $11,264,979 | $7,983,956 |