2026-08-12T10:00:21-05:00 2025-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2025-01-01 223194848 HOUSING PARTNERSHIP FOR MORRIS COUNTY INC HOUS 9736599222 2 EAST BLACKWELL STREET 12 DOVER NJ 07801 BLAIR WILSON INTERIM EXECUTIVE DIRECTOR 9736599222 2026-08-11 1 ANTHONY RISPOLI P02467381 9733281825 2026-08-06 2025 2025-03-06 01:10:19Z BLAIR WILSON 2 EAST BLACKWELL STREET 12 DOVER NJ 07801 965133 0 X WWW.HOUSINGPARTNERSHIPNJ.ORG X 1992 NJ TO CREATE PATHWAYS TO SUSTAINABLE HOMEOWNERSHIP FOR LOW- AND MODERATE-INCOME FAMILIES. 13 13 13 15 0 0 662582 737786 82810 187312 12730 8236 -52952 13111 705170 946445 0 0 0 0 565760 798106 0 0 76912 455166 356673 1020926 1154779 -315756 -208334 1709185 1513247 343619 356015 1365566 1157232 TO CREATE PATHWAYS TO SUSTAINABLE HOMEOWNERSHIP FOR LOW- AND MODERATE-INCOME FAMILIES THROUGH EDUCATION, COUNSELING, AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES, AND ACCESS TO FINANCIAL RESOURCES. 0 0 932359 209111 HOUSING PARTNERSHIP OF NEW JERSEY PREPARES LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES FOR SUSTAINABLE HOMEOWNERSHIP THROUGH HUD-CERTIFIED HOUSING COUNSELING, HOMEBUYER EDUCATION, FINANCIAL CAPABILITY COACHING, AND FORECLOSURE PREVENTION SERVICES. INDIVIDUAL AND GROUP COUNSELING AND ONLINE LEARNING HELP CLIENTS IMPROVE CREDIT, STRENGTHEN FINANCIAL READINESS, UNDERSTAND MORTGAGE RESPONSIBILITIES, NAVIGATE THE HOMEBUYING PROCESS, AND RESPOND TO THREATS TO HOUSING STABILITY. BY PROVIDING TRUSTED GUIDANCE BEFORE, DURING, AND AFTER A HOME PURCHASE, HOUSING PARTNERSHIP HELPS FAMILIES MAKE INFORMED DECISIONS THAT SUPPORT LONG-TERM HOUSING STABILITY AND FINANCIAL WELL-BEING. HOUSING PARTNERSHIP OF NEW JERSEY PARTNERS WITH MUNICIPALITIES, NONPROFIT ORGANIZATIONS, AND AFFORDABLE HOUSING DEVELOPERS TO EXPAND AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW- AND MODERATE-INCOME HOUSEHOLDS. AS AN EXPERIENCED ADMINISTRATIVE AGENT, THE ORGANIZATION PROVIDES AFFIRMATIVE MARKETING, APPLICANT ELIGIBILITY AND INCOME CERTIFICATION, WAITING LIST MANAGEMENT, RESALE AND RE-RENTAL ADMINISTRATION, COMPLIANCE MONITORING, AND ONGOING PROGRAM OVERSIGHT. THESE SERVICES HELP ENSURE AFFORDABLE HOMES ARE MARKETED FAIRLY, OCCUPIED BY INCOME-QUALIFIED HOUSEHOLDS, AND PRESERVED AS LONG-TERM COMMUNITY ASSETS. HOUSING PARTNERSHIP ADMINISTERS APPROXIMATELY 700 AFFORDABLE HOMES IN COMMUNITIES THROUGHOUT NEW JERSEY. HOUSING PARTNERSHIP OF NEW JERSEY HELPS LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES OVERCOME FINANCIAL BARRIERS TO HOMEOWNERSHIP THROUGH TARGETED ASSISTANCE PROGRAMS. ITS DOWN PAYMENT ASSISTANCE PROGRAM PROVIDES ELIGIBLE HOMEBUYERS WITH RESOURCES THAT REDUCE UPFRONT PURCHASE COSTS AND EXPAND ACCESS TO SUSTAINABLE HOMEOWNERSHIP. BY COMBINING FINANCIAL ASSISTANCE WITH HOMEBUYER EDUCATION AND HOUSING COUNSELING, HOUSING PARTNERSHIP HELPS FAMILIES ENTER HOMEOWNERSHIP WITH GREATER FINANCIAL PREPAREDNESS AND LONG-TERM STABILITY. DURING 2025, THE ORGANIZATION ALSO INVESTED IN ITS CAPACITY TO EXPAND FUTURE RESPONSIBLE HOMEOWNERSHIP FINANCING INITIATIVES FOR UNDERSERVED COMMUNITIES. 932359 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 2 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X BLAIR WILSON 9736599222 2 EAST BLACKWELL STREET 12 DOVER NJ 07801 DEBRA L ZIMMERLY CHAIR 2.00 X X 0 0 0 EDWARD J BUZAK ESQ VICE CHAIR 2.00 X X 0 0 0 RENE HENRIQUEZ TREASURER 2.00 X X 0 0 0 KENNETH R SAUTER ESQ SECRETARY 2.00 X X 0 0 0 SARAH MARIE BACH TRUSTEE 2.00 X 0 0 0 CHRISTOPHER MIGNONE TRUSTEE 2.00 X 0 0 0 JOEL A MURPHY ESQ TRUSTEE 2.00 X 0 0 0 DEBORAH JOHNSON TRUSTEE 2.00 X 0 0 0 JONATHAN TESTA TRUSTEE 2.00 X 0 0 0 SANDY CASTOR TRUSTEE 2.00 X 0 0 0 JAYSON FRANK TRUSTEE 2.00 X 0 0 0 CYNTHIA RICHARDSON TRUSTEE 2.00 X 0 0 0 DOROTHY RIVERS TRUSTEE 2.00 X 0 0 0 SHALYNN KELLOGG EXECUTIVE DIRECTOR 40.00 X 82191 0 31927 BLAIR WILSON INTERIM EXECUTIVE DIRECTOR 40.00 X 16200 0 0 98391 0 31927 0 0 0 0 0 110000 417362 210424 737786 CLIENT COUNSELING INCO 531390 187312 187312 187312 8236 8236 10000 18688 -8688 -8688 OTHER INCOME 900099 21799 21799 21799 946445 209111 0 -452 130319 104255 16942 9122 518691 414952 67430 36309 4070 3256 529 285 82744 66195 10756 5793 62282 49826 8097 4359 20212 16170 2628 1414 46636 37309 6062 3265 73025 58420 9493 5112 1539 1231 199 109 39309 31446 5111 2752 76024 60819 9883 5322 15384 12307 2000 1077 2677 2677 8571 6856 1115 600 11353 9082 1476 795 CREDIT LOSS EXPENSE 20000 20000 HOMEBUYER ASSISTANCE 16563 16563 CDFI EXPENSE 13000 13000 PROGRAM FACILITY & EQUI 7821 6257 1017 547 4559 4415 93 51 1154779 932359 145508 76912 118762 88144 714234 417427 163000 15000 43395 303433 9923 31323 180286 135286 49686 45000 610185 612920 1709185 1513247 68881 130907 13000 261738 225108 343619 356015 X 1361383 1153049 4183 4183 1365566 1157232 1709185 1513247 -208334 0 X X 0 1 X 1 0 X 488314 472611 532352 662582 737786 2893645 149936 120037 147597 82810 187312 687692 638250 592648 679949 745392 925098 3581337 0 0 0 3581337 146 2019 14084 12730 8236 37215 146 2019 14084 12730 8236 37215 2802 750 3203 1400 21799 29954 641198 595417 697236 759522 955133 3648506 0.98160 0.98870 0.01020 0.00890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50025 39009 11016 70321 50054 20267 59940 46223 13717 45000 CAPITAL GRANT LOANS RECEIVABLE 537499 SECURITY DEPOSIT 1000 OPERATING LEASE RIGHT OF USE ASSET 74421 612920 EIDL LOAN 146380 LEASE LIABILITY 75108 ECONOMIC INJURY DISASTER 3620 225108 X 965133 18688 18688 946445 0 946445 1173467 18688 18688 1154779 0 1154779 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT-FOR-PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS REQUIRED BY LAW, THE ORGANIZATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR BOTH FEDERAL AND THE STATE OF NEW JERSEY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSE 18,688. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSE 18,688. ANNIVERSARY GALA 10000 10000 18688 10000 10000 18688 18688 -8688 BLAIR WILSON CONSULTING LLC INTERIM EXECUTIVE DIRECTOR 16200 MANAGEMENT CONSULTING SERVICES 1 FORM 990, PART VI, SECTION B, LINE 11B HOUSING PARTNERSHIP FOR MORRIS COUNTY, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED BEFORE THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C HOUSING PARTNERSHIP FOR MORRIS COUNTY, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19 HOUSING PARTNERSHIP FOR MORRIS COUNTY, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. FORMS 990 AND 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE CENTERS OFFICE AT 2 EAST BLACKWELL STREET, SUITE 12, DOVER, NJ 07801. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. SCHEDULE O - ORGANIZATIONAL NARRATIVE: 2025 MARKED AN IMPORTANT PERIOD OF ORGANIZATIONAL TRANSITION FOR HOUSING PARTNERSHIP OF NEW JERSEY. THROUGHOUT THE YEAR, THE ORGANIZATION REMAINED FOCUSED ON UNINTERRUPTED DELIVERY OF ITS CORE PROGRAMS WHILE STRENGTHENING ITS GOVERNANCE, FINANCIAL STEWARDSHIP, OPERATIONAL SYSTEMS, AND ORGANIZATIONAL CAPACITY. THESE EFFORTS REINFORCED THE ORGANIZATION'S COMMITMENT TO ACCOUNTABILITY, RESPONSIBLE STEWARDSHIP OF CHARITABLE RESOURCES, AND LONG-TERM SUSTAINABILITY, POSITIONING HOUSING PARTNERSHIP FOR ITS NEXT PHASE OF GROWTH AND EXPANDED COMMUNITY IMPACT. HOUSING PARTNERSHIP DELIVERS AN INTEGRATED APPROACH TO HOMEOWNERSHIP THAT COMBINES EDUCATION AND COUNSELING, AFFORDABLE HOMEOWNERSHIP ADMINISTRATION, AND TARGETED FINANCIAL ASSISTANCE. BY ADDRESSING MULTIPLE BARRIERS TO HOMEOWNERSHIP THROUGH COORDINATED PROGRAMS AND SERVICES, THE ORGANIZATION HELPS PREPARE PROSPECTIVE HOMEBUYERS FOR LONG-TERM SUCCESS, CONNECT INCOME-QUALIFIED HOUSEHOLDS WITH AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES, AND EXPAND ACCESS TO THE FINANCIAL RESOURCES NEEDED TO ACHIEVE SUSTAINABLE HOMEOWNERSHIP. THIS COMPREHENSIVE MODEL ENABLES HOUSING PARTNERSHIP TO SUPPORT HOUSEHOLDS AT MULTIPLE STAGES OF THE HOMEOWNERSHIP JOURNEY WHILE STRENGTHENING COMMUNITIES ACROSS NEW JERSEY. HOUSING PARTNERSHIP WORKS COLLABORATIVELY WITH MUNICIPALITIES, PUBLIC AGENCIES, FINANCIAL INSTITUTIONS, NONPROFIT ORGANIZATIONS, AND PHILANTHROPIC PARTNERS TO EXPAND ACCESS TO SUSTAINABLE HOMEOWNERSHIP THROUGHOUT NEW JERSEY. THESE RELATIONSHIPS STRENGTHEN THE ORGANIZATION'S ABILITY TO CONNECT HOUSEHOLDS WITH TRUSTED GUIDANCE, AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES, AND TARGETED FINANCIAL RESOURCES WHILE SUPPORTING COORDINATED RESPONSES TO COMMUNITY HOUSING NEEDS.