Nonprofit · EIN 61-1154315
HOUSING PARTNERSHIP INC
Tax-exempt · LOUISVILLE, KY 40203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $13,650,250 | $13,435,344 | $214,906 | $56,421,855 | $43,657,844 | $12,764,011 |
| June 30, 2024 | 990 | $9,323,242 | $8,503,030 | $820,212 | $56,932,637 | $44,383,532 | $12,549,105 |
| June 30, 2023 | 990 | $12,078,295 | $10,092,468 | $1,985,827 | $41,057,747 | $29,328,629 | $11,729,118 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $635,794
- of which government grants
- $635,794
- Program service revenue
- $13,946,730
- Investment income
- -$932,274
- Net gain from sales of assets
- -$963,872
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $800,925
- Other salaries and wages
- $1,934,163
- Salaries, compensation and benefits (total)
- $2,735,088
- Professional fundraising fees
- $0
- Occupancy
- $680,463
- Travel
- $34,750
- Depreciation
- $1,069,332
- Program services (functional)
- $12,289,963
- Management and general (functional)
- $1,144,072
- Fundraising (functional)
- $1,309
Balance sheet and other
- Total assets, start of year
- $56,932,637
- Total assets, end of year
- $56,421,855
- Total liabilities, end of year
- $43,657,844
- Net assets, end of year
- $12,764,011
- Land, buildings and equipment
- $29,405,559
- Net assets without donor restrictions
- $9,256,736
- Net assets with donor restrictions
- $3,507,275
- Gross receipts
- $14,614,122
- Employees
- 46
- Volunteers
- 44
- Year formed
- 1988
- State of legal domicile
- KY
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW HAWES | PRESIDENT Trustee or director, Officer | 40 | $190,034 | $18,390 |
| PATRICK CORNETT | EXECUTIVE VICE PRESIDENT Officer | 40 | $142,602 | $26,916 |
| DONNA MCDONALD | DIRECTOR OF ACCOUNTING & F Highest-paid employee | 40 | $122,029 | $11,341 |
| JULIE SPENCER | DIRECTOR OF CONSTRUCTION Highest-paid employee | 40 | $101,428 | $7,960 |
| LISA DESPAIN | VICE PRESIDENT (THROUGH MAY 31, 2024) Officer | 40 | $80,933 | $2,675 |
| HANNAH DAVIS | SECRETARY Officer | 40 | $65,975 | $2,344 |
| GABE FRITZ | VICE PRESIDENT (EFF OCT 2024) Officer | 40 | $28,006 | $292 |
| MARK HARDIN | TREASURER Trustee or director, Officer | 0.4 | $0 | $0 |
| CHUCK SCHRAM | BOARD CHAIR Trustee or director, Officer | 0.4 | $0 | $0 |
| MARK F WHEELER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| DONNA L MURRAY-BROWN | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ROBERT LOCKE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ROBERT B VICE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| JOHN TRAWICK | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| TAMMY THOMAS | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORI FLANERY | DIRECTOR Trustee or director | 0.4 | $0 |
| SCOTT G LOVE | DIRECTOR Trustee or director | 0.4 | $0 |
| BRIANNA CAREY | DIRECTOR Trustee or director | 0.4 | $0 |
| ERIC BOW | DIRECTOR Trustee or director | 0.4 | $0 |
| JOHN KOEHLINGER | DIRECTOR Trustee or director | 0.4 | $0 |
| BRIAN KARST | DIRECTOR Trustee or director | 0.4 | $0 |
| YVONNE MCAFEE | DIRECTOR Trustee or director | 0.4 | $0 |
| RODDELL MCCULLOUGH | DIRECTOR Trustee or director | 0.4 | $0 |
| MARIA BOUVETTE | DIRECTOR Trustee or director | 0.4 | $0 |
| BILLIE W WADE | DIRECTOR Trustee or director | 0.4 | $0 |
| RANDY CHILDRESS | DIRECTOR (EFF 2024) Trustee or director | 0.4 | $0 |
| NATHAN SMITH | DIRECTOR (EFF 2024) Trustee or director | 0.4 | $0 |
990 for the year ended June 30, 2024: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW HAWES | PRESIDENT Trustee or director, Officer | 40 | $182,684 | $19,875 |
| PATRICK CORNETT | EXECUTIVE VICE PRESIDENT Officer | 40 | $132,775 | $32,140 |
| LISA DESPAIN | VICE PRESIDENT Officer | 40 | $151,356 | $5,052 |
| DONNA MCDONALD | DIRECTOR OF ACCOUNTING & FINANCE Highest-paid employee | 40 | $117,871 | $11,924 |
| LANDEN BURCHAM THRU 101723 | PAST DIRECTOR OF MULTI-FAMILY HOUSING PRODUCTION Former | 40 | $103,842 | $6,408 |
| MARIAN SILLIMAN THRU 81423 | PAST SECRETARY Former | 40 | $52,737 | $8,412 |
| HANNAH DAVIS | SECRETARY Officer | 40 | $19,208 | $228 |
| CLAY STINNETT | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| MARK HARDIN | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| MARK F WHEELER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| DONNA L MURRAY-BROWN | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ROBERT LOCKE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ROBERT B VICE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| JOHN TRAWICK | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| LESLIE K HALE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| TAMMY THOMAS | BOARD CHAIR Trustee or director | 0.4 | $0 | $0 |
| CHUCK SCHRAM | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| LORI FLANERY | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| SCOTT G LOVE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| JENNIFER MOORE | TREASURER Trustee or director, Officer | 0.4 | $0 | $0 |
| BRIANNA CAREY | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ERIC BOW | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| JOHN KOEHLINGER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| BRIAN KARST | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| YVONNE MCAFEE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| RODDELL MCCULLOUGH | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| MARIA BOUVETTE | PAST BOARD CHAIR Trustee or director | 0.4 | $0 | $0 |
| BILLIE W WADE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW HAWES | PRESIDENT Trustee or director, Officer | 40 | $155,356 | $22,327 |
| PATRICK CORNETT | EXECUTIVE VICE PRESIDENT & CFO Officer | 40 | $119,608 | $35,448 |
| LISA DESPAIN | VICE PRESIDENT Officer | 40 | $141,797 | $4,765 |
| MARIAN SILLIMAN | SECRETARY Officer | 40 | $68,874 | $9,293 |
| CLAY STINNETT | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| J BARRY BARKER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| MARK F WHEELER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ANDREW PARKER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ROBERT LOCKE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ROBERT B VICE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| JOHN TRAWICK | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| LESLIE K HALE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| CHUCK SCHRAM | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| LORI FLANERY | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| SCOTT G LOVE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| REV GERALD JOINER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ERIC BOW | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| JOHN KOEHLINGER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| BRIAN KARST | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| YVONNE MCAFEE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| BILLIE W WADE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| RODDELL MCCULLOUGH | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| TAMMY THOMAS | BOARD CHAIR Trustee or director, Officer | 0.4 | $0 | $0 |
| JENNIFER MOORE | TREASURER Trustee or director, Officer | 0.4 | $0 | $0 |
| MARIA BOUVETTE | IMMEDIATE PAST BOARD CHAIR Trustee or director, Officer | 0.4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1405 WEST BDWY SUITE 101, LOUISVILLE, KY 40203-0000
- Principal officer (990 for 2024)
- PATRICK CORNETT, 1405 WEST BROADWAY STE 101, LOUISVILLE, KY 40203
- Signed the 990
- PATRICK CORNETT, CFO
- Phone
- (502) 585-5451
- Website
- WEAREHPI.ORG
- Return prepared by
- EAG AFFORDABLE HOUSING LLC
Mission
WE ARE A NON-PROFIT REAL ESTATE DEVELOPMENT ORGANIZATION THAT CREATES AFFORDABLE HOUSING OPPORTUNITIES TO ENCOURAGE FAMILY STABILITY AND SUPPORT AND EMPOWER OUR COMMUNITY. OUR VISION IS FOR EVERYONE TO HAVE AN EXCEPTIONAL HOUSING EXPERIENCE.
Program accomplishments
- ASSET OVERSIGHT: THE ORGANIZATION PROVIDES ASSET OVERSIGHT AND SERVICES TO RESIDENTS INCLUDING MAINTENANCE IN THE PROPERTIES WHICH IT HAS DEVELOPED OR ACQUIRED FOR THE PURPOSES OF EXPANDING THE HIGH QUALITY AFFORDABLE HOUSING SUPPLY IN ITS SERVICE AREA.Expenses $6,704,439 · revenue $7,139,640
- HOUSING PRODUCTION AND REAL ESTATE DEVELOPMENT: THE ORGANIZATION DEVELOPS AND FACILITATES THE DEVELOPMENT OF HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE INCOME BUYERS AND RENTERS IN THE REGION. OVER THE PAST TWENTY YEARS, THE ORGANIZATION HAS SOLIDIFIED ITS REPUTATION AS THE AREA'S DEVELOPER OF CHOICE FOR MODESTLY-PRICED HOUSING. THE ORGANIZATION HAS EXCELLED IN THE FOLLOWING AREAS: * THE DEVELOPMENT OF AFFORDABLE AND MIXED-INCOME NEIGHBORHOODS THROUGHOUT THE LOUISVILLE REGION. * BUILDING PARTNERSHIPS TO REVITALIZE NEIGHBORHOODS AND ABANDONED AND UNDERUTILIZED URBAN PROPERTIES. * LEADING THE NON-PROFIT SECTOR IN REDEVELOPING DISTRESSED URBAN NEIGHBORHOODS.Expenses $725,958 · revenue $3,248,263
- HOUSING RESOURCES: THE ORGANIZATION'S FINANCIAL COUNSELING AND EDUCATION PROGRAM IS HUD CERTIFIED. IN ADDITION TO COUNSELING AND EDUCATION, THIS PROGRAM ALSO OVERSEES THE SALE OF OUR SINGLE-FAMILY HOMES BY PROVIDING AFFORDABLE HOUSING OPPORTUNITIES TO OUR EXISTING RESIDENTS AND IN OUR COMMUNITY. 248 HOMEOWNERS WERE CREATED WITH THE SALE OF OUR HOMES. OVER 6,879 HOMEBUYERS AND POTENTIAL HOMEBUYERS HAVE BEEN ASSISTED IN PREPARING FOR, OR SUSTAINING, HOME OWNERSHIP THROUGH FINANCIAL COUNSELING PROGRAMS. NEARLY 1,937 PROGRAM GRADUATES HAVE PURCHASED HOMES AS A RESULT OF THE WORK OF THE ORGANIZATION. IN ADDITION TO HOME OWNERSHIP EDUCATION, THE PROGRAM HAS HELPED OVER 9,941 FAMILIES AVOID FORECLOSURES SINCE 2008. THE ORGANIZATION'S PROGRAM HAS BEEN RECOGNIZED BY KENTUCKY HOUSING CORPORATION FOR OUTSTANDING EFFORTS IN PREDATORY LENDING EDUCATION. THE ORGANIZATION ALSO RESPONDS TO THE MOST FRAGILE HOUSEHOLDS ON THE ECONOMIC SCALE BY PROVIDING BASIC BUDGET AND CREDIT COUNSELING.Expenses $4,859,566 · revenue $3,430,192
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1154315
- 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
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $56,421,855
- Income (IRS master file)
- $14,614,122
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $13,650,250 | $13,435,344 | $56,421,855 | XML |
| 990 | June 2024 | $9,323,242 | $8,503,030 | $56,932,637 | XML |
| 990 | June 2023 | $12,078,295 | $10,092,468 | $41,057,747 | XML |
| 990 | June 2022 | $10,025,390 | $9,691,099 | $43,644,315 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 61-1154315).
Questions about HOUSING PARTNERSHIP INC
- What is the EIN of HOUSING PARTNERSHIP INC?
- The employer identification number (EIN) of HOUSING PARTNERSHIP INC is 61-1154315.
- Is HOUSING PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to HOUSING PARTNERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSING PARTNERSHIP 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 HOUSING PARTNERSHIP INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOUSING PARTNERSHIP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOUSING PARTNERSHIP INC?
- The 990 for the year ended June 30, 2025 names PATRICK CORNETT.
- Who are the officers and directors of HOUSING PARTNERSHIP INC?
- The 990 for the year ended June 30, 2025 lists 27 people; 7 received compensation from the organization, the highest $190,034 (ANDREW HAWES, PRESIDENT).
- How much revenue does HOUSING PARTNERSHIP INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $13,650,250, expenses of $13,435,344 and total assets of $56,421,855 at year end.
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