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Nonprofit · EIN 56-2071035

PARTNERSHIP HOMES INC

Tax-exempt · GREENSBORO, NC 27405

Financials

$1.1M$1.2M2022$921K$1.2M2023$1.1M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of PARTNERSHIP HOMES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,112,066$1,061,412$50,654$6,886,370$6,788,743$97,627
December 31, 2023990$921,442$1,225,536-$304,094$9,759,036$9,712,063$46,973
December 31, 2022990$1,056,016$1,223,544-$167,528$9,954,888$9,603,821$351,067
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,000
Program service revenue
$662,169
Investment income
$430,669
Net gain from sales of assets
$429,918
Other revenue
$4,228

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$15,319
Accounting fees
$27,600
Occupancy
$274,856
Depreciation
$258,516
Program services (functional)
$1,033,812
Management and general (functional)
$27,600

Balance sheet and other

Total assets, start of year
$9,759,036
Total assets, end of year
$6,886,370
Total liabilities, end of year
$6,788,743
Net assets, end of year
$97,627
Land, buildings and equipment
$5,708,855
Net assets without donor restrictions
$97,627
Gross receipts
$3,923,348
Employees
0
Volunteers
12
Year formed
1998
State of legal domicile
NC

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MIKE COOKEPRESIDENT
Trustee or director, Officer
1$0
JIM CLONTZCHAIRMAN
Trustee or director, Officer
30$0
RAMONA CARLSECRETARY
Trustee or director, Officer
1$0
KEITH BURRISTREASURER
Trustee or director, Officer
1$0
WILLIAM COOKEBOARD MEMBER
Trustee or director
0.5$0
PHIL BARBEEVICE CHAIR
Trustee or director, Officer
1$0
MARK SUMERFORDBOARD MEMBER
Trustee or director
0.5$0
DESHAWN COLBERTBOARD MEMBER
Trustee or director
0.5$0
ANGEL BAPTISTBOARD MEMBER
Trustee or director
0.5$0
ANN COMFORTBOARD MEMBER
Trustee or director
0.5$0
JOE THOMPSONBOARD MEMBER
Trustee or director
0.5$0
CRYSTAL JOHNSONBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
MIKE COOKEPRESIDENT
Trustee or director, Officer
1$0
JIM CLONTZCHAIRMAN
Trustee or director, Officer
30$0
RAMONA CARLSECRETARY
Trustee or director, Officer
1$0
KEITH BURRISTREASURER
Trustee or director, Officer
1$0
WILLIAM COOKEBOARD MEMBER
Trustee or director
0.5$0
JUDY NEWLINBOARD MEMBER
Trustee or director
0.5$0
MARK SUMERFORDASST. SECRETARY
Trustee or director, Officer
0.5$0
JOE THOMPSONBOARD MEMBER
Trustee or director
0.5$0
ANGEL BAPTISTBOARD MEMBER
Trustee or director
0.5$0
PHIL BARBEEBOARD MEMBER
Trustee or director
0.5$0
ANN COMFORTBOARD MEMBER
Trustee or director
0.5$0
CRYSTAL JOHNSONBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended December 31, 2022: 9 people
NameTitleHours / weekCompensation
MIKE COOKEPRESIDENT
Trustee or director, Officer
1$0
JIM CLONTZCHAIRMAN
Trustee or director, Officer
30$0
RAMONA CARLSECRETARY
Trustee or director, Officer
1$0
KEITH BURRISTREASURER
Trustee or director, Officer
1$0
WILLIAM COOKEBOARD MEMBER
Trustee or director
0.5$0
JUDY NEWLINBOARD MEMBER
Trustee or director
0.5$0
MARK SUMERFORDASST. SECRETARY
Trustee or director, Officer
0.5$0
JOE THOMPSONBOARD MEMBER
Trustee or director
0.5$0
ANGEL BAPTISTBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1031 SUMMIT AVENUE 1E-1, GREENSBORO, NC 27405-7011
Principal officer (990 for 2024)
MIKE COOKE, 1031 SUMMIT AVENUE 1E-1, GREENSBORO, NC 27405
Signed the 990
MIKE COOKE, EXECUTIVE DIRECTOR
Phone
(336) 707-5289
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING FOR FORMERLY HOMELESS INDIVIDUALS AND FAMILIES AND THOSE THREATENED WITH HOMELESSNESS.

990 for the year ended December 31, 2024

Program accomplishments

  • DEVELOPMENT OF AFFORDABLE HOUSING FOR FORMERLY HOMELESS INDIVIDUALS AND FAMILIES AND THOSE THREATENED WITH HOMELESSNESS.
    Expenses $69,353
  • OWN AND OPERATE A 32 UNIT APARTMENT COMPLEX FOR FORMERLY HOMELESS INDIVIDUALS KNOWN AS PARTNERSHIP VILLAGE I.
    Expenses $162,994 · revenue $140,511
  • OWN AND OPERATE A 12 UNIT APARTMENT COMPLEX FOR FORMERLY HOMELESS FAMILIES KNOWN AS PARTNERSHIP VILLAGE III.
    Expenses $112,157 · revenue $59,640
  • Expenses $689,308 · revenue $466,246

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-2071035
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,886,370
Income (IRS master file)
$3,923,348

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,112,066$1,061,412$6,886,370XML
990December 2023$921,442$1,225,536$9,759,036XML
990December 2022$1,056,016$1,223,544$9,954,888XML
990December 2021$590,620$723,961$9,787,854IRS
990December 2020–––IRS
990December 2018–––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 56-2071035).

Questions about PARTNERSHIP HOMES INC

What is the EIN of PARTNERSHIP HOMES INC?
The employer identification number (EIN) of PARTNERSHIP HOMES INC is 56-2071035.
Is PARTNERSHIP HOMES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to PARTNERSHIP HOMES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PARTNERSHIP HOMES INC 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 PARTNERSHIP HOMES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PARTNERSHIP HOMES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PARTNERSHIP HOMES INC?
The 990 for the year ended December 31, 2024 names MIKE COOKE.
Who are the officers and directors of PARTNERSHIP HOMES INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does PARTNERSHIP HOMES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,112,066, expenses of $1,061,412 and total assets of $6,886,370 at year end.

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