The Home Partnership Foundation Inc
- Assets
- $2.8m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 04/2005
- Data as of
- 06/2023
- EIN
- 75-3162969
Organization Overview
The Home Partnership Foundation Inc, operating under the name Home Partnership Foundation, is located in Boise, ID. The organization was established in 2005. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Home Partnership Foundation 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 06/2023, Home Partnership Foundation generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $1.7m during the year ending 06/2023. While expenses have increased by 10.5% 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.
Since 2014, Home Partnership Foundation has awarded 260 individual grants totaling $6,870,822. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AFFORDABLE HOUSING, SUPPORT HOUSING AND SHELTER SERVICES, AND PREVENT HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY INITIATIVES: ACTIVELY RAISED FUNDS TO SUPPORT THE CAMPAIGN TO END FAMILY HOMELESSNESS IN ADA COUNTY, AND AN INCLEMENT WEATHER SHELTER PROGRAM WITH THE CITY OF BOISE.
THE HOMELESSNESS PREVENTION PROGRAM PROVIDES ONE-TIME ASSISTANCE TO INDIVIDUALS AND FAMILIES TO HELP PREVENT OR AVOID EVICTION ACTIONS, HELPING THEM GET THROUGH SHORT-TERM CRISIS AND REMAIN IN SAFE AND STABLE HOUSING.
THE HOMELESSNESS INITIATIVES PROGRAM SUPPORTS EMERGENCY SHELTERS, RAPID REHOUSING AND PERMANENT HOUSING FOR HOMELESS AND LOW-INCOME HOUSEHOLDS, PROVIDING CRITICAL RESOURCES TO IDAHOANS IN DIRE NEED OF SAFE, STABLE HOUSING OR SHELTER IN ASSOCIATION WITH U.S. HUD CONTINUUM OF CARE LOCAL GRANTEE-BASED PROGRAMS.
THE AVENUES FOR HOPE HOUSING CHALLENGE IS AN ANNUAL ONLINE FUNDRAISER THAT SUPPORTS 90 NONPROFITS AND SCHOOLS THAT PROVIDE HOUSING AND SUPPORTIVE SERVICES THROUGHOUT IDAHO. IN 2023, $2.7 MILLION WAS RAISED AND WAS PROVIDED DIRECTLY TO NONPROFIT AGENCIES. MORE THAN $14.9 MILLION HAS BEEN RAISED SINCE THE CAMPAIGN BEGAN IN 2011.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Keen Chairman | OfficerTrustee | 0.3 | $0 |
Tracy Silver Director | Trustee | 0.3 | $0 |
Jeff Nesset Director | Trustee | 0.3 | $0 |
Mark Dunham Director | Trustee | 0.3 | $0 |
Nancy Vannorsdel Director | Trustee | 0.3 | $0 |
Scot Ludwig Director | Trustee | 0.03 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $40,100 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $780,000 |
| Government grants | $598,318 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,572,568 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,990,986 |
| Total Program Service Revenue | $12,814 |
| Investment income | $17,757 |
| 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 | $3,021,557 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,361,000 |
| 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 | $110,737 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,155 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $22,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $139,055 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,286 |
| Advertising and promotion | $6,873 |
| Office expenses | $2,946 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $184 |
| Travel | $2,800 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,711,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,239,692 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $521,659 |
| Investments—other securities | $0 |
| Investments—program-related | $29,313 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,790,664 |
| Accounts payable and accrued expenses | $43,646 |
| 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 | $0 |
| Total liabilities | $43,646 |
| Net assets without donor restrictions | $316,000 |
| Net assets with donor restrictions | $2,431,018 |
| 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 | $2,790,664 |
Grants Awarded
Over the last fiscal year, The Home Partnership Foundation Inc has awarded $1,216,644 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
AID FOR FRIENDS INC PURPOSE: Housing Assistance | $45,355 |
ASTEGOS INC PURPOSE: Housing Assistance | $6,700 |
BOISE VALLEY HABITAT FOR HUMANITY PURPOSE: Housing Assistance | $6,700 |
BONNER COUNTY HOMELESS TASK FORCE PURPOSE: Housing Assistance | $6,900 |
CATCH INC PURPOSE: Housing Assistance | $47,120 |
CLUB INC PURPOSE: Housing Assistance | $69,930 |