2026-09-16T10:04:01-05:00 2025-12-31 260429030 NESSERALLA & COMPANY LLC 11 SOUTH MAIN STREET SUITE 200 CONCORD NH 03301 990 2025-01-01 020427331 THE HOUSING PARTNERSHIP HOUS 6034313610 PO BOX 127 PORTSMOUTH NH 03802 MARTY CHAPMAN EXECUTIVE DIRECTOR 6034313610 2026-09-16 1 NESSERALLA COMPANY LLC P01068572 6033693812 2026-09-08 2025 MARTY CHAPMAN PO BOX 127 PORTSMOUTH NH 03802 12285930 0 X WWW.HOUSINGPARTNERSHIP.ORG X 1988 NH THE HOUSING PARTNERSHIP'S (THP) MISSION IS TO STRENGTHEN THE COMMUNITIES OF THE GREATER SEACOAST REGION OF NEW HAMPSHIRE AND SOUTHERN MAINE BY CREATING DIVERSE HOUSING OPPORTUNITIES, UTILIZING INNOVATIVE APPROACHES TO DEVELOPMENT, AND PRACTICING STRONG STEWARDSHIP OF OUR HOUSING. WE VALUE ECONOMIC SUSTAINABILITY, ECONOMIC AND SOCIAL DIVERSITY AND SMART GROWTH. BY HONORING THESE VALUES, WE CREATE HOUSING THAT STRENGTHENS THE FABRIC OF COMMUNITIES. 5 5 3 5 -249294 0 72224 299027 526623 358967 50270 965634 -430591 -167361 218526 1456267 0 0 0 0 320626 316713 0 0 0 574255 430028 894881 746741 -676355 709526 13262231 12834875 8215420 5833971 5046811 7000904 X THE HOUSING PARTNERSHIP'S (THP) MISSION IS TO STRENGTHEN THE COMMUNITIES OF THE GREATER SEACOAST REGION OF NEW HAMPSHIRE AND SOUTHERN MAINE BY CREATING DIVERSE HOUSING OPPORTUNITIES, UTILIZING INNOVATIVE APPROACHES TO DEVELOPMENT, AND PRACTICING STRONG STEWARDSHIP OF OUR HOUSING. WE VALUE ECONOMIC SUSTAINABILITY, ECONOMIC AND SOCIAL DIVERSITY AND SMART GROWTH. BY HONORING THESE VALUES, WE CREATE HOUSING THAT STRENGTHENS THE FABRIC OF COMMUNITIES. 0 0 446657 1357127 RENTAL PROPERTIES - THP OWNS/OVERSEES THE PROPERTY MANAGEMENT OF 240 AFFORDABLE APARTMENTS AND 1 COMMERCIAL UNIT IN DOVER, EXETER, FARMINGTON, LEE, ROLLINSFORD, RYE, KENNEBUNK, ELIOT, AND SOUTH BERWICK. 76401 PROPERTY DEVELOPMENT - DEVELOPMENT OF AFFORDABLE HOUSING THROUGH CONSTRUCTION OF NEW HOUSING AS WELL AS PURCHASE AND REHAB OF EXISTING HOUSING. 65350 5863 HOMEWARD BOUND - A FREE AND COMMUNITY-BASED COMPREHENSIVE HOMEBUYER EDUCTION PROGRAM OFFER IN THE SEACOAST REGION OF NEW HAMPSHIRE. IT IS THE ONLY HUD-CERTIFIED HOMEBUYER EDUCATION PROGRAM OFFERED IN THE SEACOAST REGION. THE 8-HOUR PROGRAM TEACHES THE STEPS NECESSARY FOR SUCCESSFUL HOMEOWNERSHIP. IT PREPARES GRADUATES TO NAVIGATE THE POTENTIAL PITFALLS OF THE HOME BUYING PROCESS. GRAUDATES GAIN ACCESS TO TRANSITIONAL BANK FINANCING, AS WELL AS SATISFYING THE REQUIREMENTS OF MANY INCOME-RESTRICTED LOAN PROGRAMS. THE PROGRAM ALSO OFFERS TIPS ON ESTABLISHING AND SAVING FOR A DOWN PAYMENT, IMPROVING CREDIT SCORE, SHOPPING FOR A HOME, SECURING A MORTGAGE, GETTING A HOME INSPECTION, CLOSING THE SALE AND KEEPING A HOME AND MANAGING FINANCES. IN ADDITION, THE PROGRAM OFFERS APPOINTMENTS FOR INDIVIDUAL COUNSELING. 588408 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 33 0 3 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 NH X X BRENDA GLADU 6037663129 222 INTERNATIONAL DRIVE SUITE 165 PORTSMOUTH NH 03802 RYAN J BISHOP DIRECTOR 1.00 X 0 0 0 BILL CORMIER DIRECTOR 1.00 X 0 0 0 SANDRA PAGEL DIRECTOR 1.00 X 0 0 0 JEFF GILBERT PRESIDENT 1.00 X X 0 0 0 PHILIP COHEN TREASURER 1.00 X X 0 0 0 MARTY CHAPMAN EXECUTIVE DIRECTOR 37.50 X 166594 0 13328 166594 0 13328 1 0 1 0 CHINBURG BUILDERS INC 3 PENSTOCK WAY NEWMARKET NH 03857 CONSTRUCTION SERVICES 6237411 CASTAGNA CONSULTING GROUP LLC 13 BUCKSKIN LANE NORTH HAMPTON NH 03862 CONSTRUCTION SERVICES 286140 MACKINNON & SONS EXCAVATING 78 UPPER BARLEY ROAD LEBANON ME 04027 CONSTRUCTION SERVICES 260114 3 293478 5549 299027 RENTAL INCOME 531110 232472 232472 INCENTIVE MANAGEMENT FEE 531110 70346 70346 CAPITAL DISTRIBUTIONS 531390 28340 28340 INTEREST ON PROGRAM LOANS 531390 21946 21946 HOMEWARD BOUND SEMINARS 531390 5863 5863 358967 43544 43544 675147 785300 -110153 -110153 71751 -181904 1225000 302910 922090 922090 922090 9674063 9741453 -67390 -67390 OTHER INCOME 531390 10182 10182 10182 1456267 1362990 -249294 43544 99153 56780 42373 169969 112200 57769 18725 10870 7855 9937 5769 4168 18929 10989 7940 17085 17085 16967 16967 30218 18216 12002 9937 4412 5525 167 167 15898 12213 3685 90757 81225 9532 4048 3077 971 38439 34982 3457 30511 30169 342 34275 32805 1470 REPAIRS AND MAINTENANCE 120302 120302 OTHER 13245 12001 1244 BAD DEBT 5381 5381 STATE TAXES 2540 2540 258 258 746741 588408 158333 0 532743 1090871 275149 686328 17763 15962 1561630 1591236 29696 18778 1537745 819362 904690 718383 612398 702991 936154 1979101 18851 13884 8373157 6017341 13262231 12834875 1901950 1470006 346218 397462 5924553 3938436 42699 28067 8215420 5833971 X 5010586 6960590 36225 40314 5046811 7000904 13262231 12834875 X 709526 94682 1149885 X X 0 1 X 1 0 X 212330 68592 109869 72224 299027 762042 212330 68592 109869 72224 299027 762042 762042 340432 30337 70773 85806 71884 599232 32345 72015 113784 7781 10182 236107 1597381 3319439 0.47710 0.56270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2021 AMOUNT: $ 32,345. 2022 AMOUNT: $ 72,015. 2023 AMOUNT: $ 113,784. 2024 AMOUNT: $ 7,781. 2025 AMOUNT: $ 10,182. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56310 56310 1426396 764323 662073 27669 27370 55039 0 718383 INVESTMENTS IN PARTNERSHIPS & S CORPS 1979101 F 1979101 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 40314 DEPOSIT ON OFFICE LEASE 1617 PROJECTS UNDER DEVELOPMENT 4921340 TENANT SECURITY DEPOSITS 11639 DEVELOPER FEE RECEIVABLE 851825 RIGHT-OF-USE ASSET 14856 ESCROW DEPOSITS 175750 6017341 TENANT SECURITY DEPOSITS 13211 LEASE LIABILITY 14856 28067 X PART X, LINE 2: THE ORGANIZIATION IS NOT A TAXPAYING ENTITY FOR FEDERAL OR STATE INCOME TAX PURPOSES; ACCORDINGLY, A PROVISION FOR INCOME TAXES HAS NOT BEEN REECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS; NO RESERVES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED; AND THE ORGANIZATION DID NOT RECORD A CUMULATIVE EFFECT ADJUSTMENT RELATED TO THE ADOPTION OF ASC 740. X 0 0 0 0 0 0 0 0 0 MARTY CHAPMAN EXECUTIVE DIRECTOR 136594 0 30000 0 0 0 13328 0 0 0 179922 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 PROPERTY MANAGEMENT DELEGATED TO A MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 8B THE FINANCE COMMITTEE MEETINGS ARE NOT RECORDED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY TREASURER WHO PRESENTS TO THE BOD. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD OF DIRECTORS MEMBER NEEDS TO REVIEW AND SIGN THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY. THE NATURE OF RELATED PARTY TRANSACTIONS AND AMOUNTS, IF ANY, WILL BE DISCLOSED AT THE BOARD MEETING FOR DISCUSSIONS. BOARD/COMMITTEE MEMBERS AND THEIR FAMILY MEMBERS NEED TO GET APPROVAL FROM THE BOD BEFORE THEY DO ANY BUSINESS TRANSACTIONS WITH THP/THP'S PROPERTIES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR WAGE IS REVIEWED BY THE BOD ANNUALLY. ALL STAFF RAISES ARE REVIEWED/APPROVED BY THE BOD. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RECOVERY OF DISCOUNT ON LOANS RECEIVABLE 29,114. INHERENT CONTRIBUTION OF PROGRAM RELATED INVESTMENTS 1,120,771. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR. AIRFIELD VILLAGE AT RYE LLC THE STATEMENT OF REVENUE, STATEMENT OF FUNCTIONAL EXPENSES, BALANCE SHEET, AND RECONCILIATION OF NET ASSETS INCLUDES THE DATA OF AIRFIELD VILLAGE AT RYE LLC (EIN 86-3651779), A SINGLE-MEMBER LLC WHOLLY OWNED BY THE HOUSING PARTNERSHIP. GROSS BUSINESS RECEIPTS FOR AIRFIELD VILLAGE AT RYE LLC WERE $9,914,063, $9,674,063 INCLUDED ON THE STATEMENT OF REVENUE, LINE 10A AND $240,000 INCLUDED ON THE STATEMENT OF REVENUE, LINE 1E. INTEREST PAID OR ACCRUED FOR AIRFIELD VILLAGE AT RYE LLC WERE $278,451 AND ARE INCLUDED ON THE STATEMENT OF REVENUE, LINE 10B. AIRFIELD VILLAGE AT RYE LLC PO BOX 127 PORTSMOUTH NH 03802 863651779 SALE OF REAL ESTATE NH 279212 5942755 THE HOUSING PARTNERSHIP NORTON STREET NEIGHBORHOOD REVITALIATION CORP PO BOX 127 PORTSMOUTH NH 03802 020512433 RENTAL LOW-INCOME HOUSING NH 501(C)(3) 509(A)(2) THE HOUSING PARTNERSHIP 0 NORTON STREET NEIGHBORHOOD REVITALIZATION LIMITED PARTNERSHIP PO BOX 127 PORTSMOUTH NH 03802 016156136 RENTAL LOW-INCOME HOUSING NH NORTON STREET CORP RELATED 80818 1125080 0 0 0.99900 BETHESDA HOUSE HOUSING ASSOCIATES LIMITED PARTNERSHIP PO BOX 127 PORTSMOUTH NH 03802 263539562 RENTAL LOW-INCOME HOUSING NH HOUSING PARTNERSHIP DEVELOPMENT CORPORATION RELATED -568 3436112 0 0 0.99990 WOODBURY MILLS LIMITED PARTNERSHIP PO BOX 127 PORTSMOUTH NH 03802 800811147 RENTAL LOW-INCOME HOUSING NH N/A 0 0 BRADLEY COMMONS LIMITED PARTNERSHIP PO BOX 127 PORTSMOUTH NH 03802 471658278 RENTAL LOW-INCOME HOUSING NH N/A 0 0 BRADLEY COMMONS II LIMITED PARTNERSHIP PO BOX 127 PORTSMOUTH NH 03802 371901896 RENTAL LOW-INCOME HOUSING NH N/A 0 0 STRAFFORD SCATTERED SITE LIMITED PARTNERSHIP PO BOX 127 PORTSMOUTH NH 03802 863422489 RENTAL LOW-INCOME HOUSING NH N/A 0 0 RYE AIRFIELD RCD I INC PO BOX 127 PORTSMOUTH NH 03802 900526410 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP S -179364 395546 1.00000 0 HOUSING PARTNERSHIP DEVELOPMENT CORP PO BOX 127 PORTSMOUTH NH 03802 263539514 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C 2 1.00000 0 THP MILL HOUSING INC PO BOX 127 PORTSMOUTH NH 03802 455183609 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C 68091 1.00000 0 THP DOVER COMMONS INC PO BOX 127 PORTSMOUTH NH 03802 471658185 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C 62931 1.00000 0 BRADLEY COMMONS SUBCONDOMINIUM PO BOX 127 PORTSMOUTH NH 03802 832385511 CONDO MANAGEMENT NH BRADLEY COMMONS LIMITED PARTNERSHIP C 170449 123969 0.72350 0 BRADLEY COMMONS MASTER CONDOMINIUM PO BOX 127 PORTSMOUTH NH 03802 863122469 CONDO MANAGEMENT NH BRADLEY COMMONS SUBCONDOMINIUM C 31823 10259 0.51370 0 THP DOVER COMMONS II INC PO BOX 127 PORTSMOUTH NH 03802 830873497 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C 1.00000 0 THP STRAFFORD HOLDINGS INC PO BOX 127 PORTSMOUTH NH 03802 863436022 RENTAL LOW-INCOME HOUSING NH THE HOUSING PARTNERSHIP C 1 0.79000 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 THP DOVER COMMONS INC L 62930 CASH RECEIVED