Nonprofit · EIN 02-0427331
HOUSING PARTNERSHIP
Tax-exempt · PORTSMOUTH, NH 03802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,456,267 | $746,741 | $709,526 | $12,834,875 | $5,833,971 | $7,000,904 |
| December 31, 2024 | 990 | $218,526 | $894,881 | -$676,355 | $13,262,231 | $8,215,420 | $5,046,811 |
| December 31, 2023 | 990 | $659,312 | $916,035 | -$256,723 | $11,796,241 | $6,631,414 | $5,164,827 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $299,027
- of which government grants
- $293,478
- Program service revenue
- $358,967
- Investment income
- $965,634
- Net rental income
- -$110,153
- Net gain from sales of assets
- $922,090
- Net income from sales of inventory
- -$67,390
- Other revenue
- -$167,361
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $99,153
- Other salaries and wages
- $169,969
- Salaries, compensation and benefits (total)
- $316,713
- Professional fundraising fees
- $0
- Legal fees
- $16,967
- Accounting fees
- $30,218
- Occupancy
- $90,757
- Travel
- $4,048
- Depreciation
- $30,511
- Program services (functional)
- $588,408
- Management and general (functional)
- $158,333
Balance sheet and other
- Total assets, start of year
- $13,262,231
- Total assets, end of year
- $12,834,875
- Total liabilities, end of year
- $5,833,971
- Net assets, end of year
- $7,000,904
- Land, buildings and equipment
- $718,383
- Publicly traded securities
- $702,991
- Net assets without donor restrictions
- $6,960,590
- Net assets with donor restrictions
- $40,314
- Gross unrelated business income
- -$249,294
- Gross receipts
- $12,285,930
- Employees
- 3
- Volunteers
- 5
- Year formed
- 1988
- State of legal domicile
- NH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARTY CHAPMAN | EXECUTIVE DIRECTOR Officer | 37.5 | $166,594 | $13,328 |
| RYAN J BISHOP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL CORMIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA PAGEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF GILBERT | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PHILIP COHEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARTY CHAPMAN | EXECUTIVE DIRECTOR Officer | 37.5 | $166,209 | $13,021 |
| RYAN J BISHOP | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BILL CORMIER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SANDRA PAGEL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JEFF GILBERT | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| PHILIP COHEN | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARTY CHAPMAN | EXECUTIVE DIRECTOR Officer | 37.5 | $156,405 | $12,543 |
| RYAN J BISHOP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH GALLI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL CORMIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA PAGEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF GILBERT | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RAYMOND H WEAVING | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PHILIP COHEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 127, PORTSMOUTH, NH 03802-0069
- Principal officer (990 for 2025)
- MARTY CHAPMAN, PO BOX 127, PORTSMOUTH, NH 03802
- Signed the 990
- MARTY CHAPMAN, EXECUTIVE DIRECTOR
- Phone
- (603) 431-3610
- Website
- WWW.HOUSINGPARTNERSHIP.ORG
- Return prepared by
- NESSERALLA & COMPANY LLC
Mission
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.
Program accomplishments
- 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.Expenses $446,657 · revenue $1,357,127
- PROPERTY DEVELOPMENT - DEVELOPMENT OF AFFORDABLE HOUSING THROUGH CONSTRUCTION OF NEW HOUSING AS WELL AS PURCHASE AND REHAB OF EXISTING HOUSING.Expenses $76,401
- 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.Expenses $65,350 · revenue $5,863
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0427331
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $12,834,875
- Income (IRS master file)
- $12,285,930
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,456,267 | $746,741 | $12,834,875 | XML |
| 990 | December 2024 | $218,526 | $894,881 | $13,262,231 | IRS |
| 990 | December 2023 | $659,312 | $916,035 | $11,796,241 | XML |
| 990 | December 2022 | $1,185,681 | $1,023,810 | $10,503,936 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0427331).
Questions about HOUSING PARTNERSHIP
- What is the EIN of HOUSING PARTNERSHIP?
- The employer identification number (EIN) of HOUSING PARTNERSHIP is 02-0427331.
- Is HOUSING PARTNERSHIP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to HOUSING PARTNERSHIP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSING PARTNERSHIP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOUSING PARTNERSHIP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOUSING PARTNERSHIP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HOUSING PARTNERSHIP?
- The 990 for the year ended December 31, 2025 names MARTY CHAPMAN.
- Who are the officers and directors of HOUSING PARTNERSHIP?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $166,594 (MARTY CHAPMAN, EXECUTIVE DIRECTOR).
- How much revenue does HOUSING PARTNERSHIP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,456,267, expenses of $746,741 and total assets of $12,834,875 at year end.
Other nonprofits in PORTSMOUTH
- CROSS ROADS HOUSE INC EIN 22-2549963 · last filed 990 for 2025
- PHA HOUSING DEVELOPMENT LTD EIN 02-0481882 · last filed 990 for 2024
- WORKFORCE HOUSING COALITION OF THE GREATER SEACOAST EIN 26-1664901 · last filed 990 for 2025
- INTERNATIONAL ASSOCIATION OF PRIVACY PROFESSIONALS EIN 23-3048008 · last filed 990 for 2025
- JAFFE FOUNDATION EIN 06-1469004 · last filed 990-PF for 2024
- SEACOAST MENTAL HEALTH CENTER INC EIN 02-0262862 · last filed 990 for 2025
- GLOBAL SEAFOOD ALLIANCE INC EIN 54-1853030 · last filed 990 for 2024
- ONE SKY COMMUNITY SERVICES INC EIN 02-0368955 · last filed 990 for 2025
All nonprofits in PORTSMOUTH · New Hampshire · Housing and shelter