Indianapolis Neighborhood Housing Partnership
Indianapolis Neighborhood Housing Partnership reported $24.8 million in revenue and $20.1 million in expenses for calendar year 2024. Of every $100 it spent, $85.25 went to program services, $11.72 to management and general costs and $3.03 to fundraising. Its largest source of revenue was contributions and grants: 66.4% of the total. Government grants made up 11.8%. The highest compensation it reported for one person was $476,545 (PRESIDENT & CEO). 15 people received more than $100,000 in reportable compensation. Revenue rose 119% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $20MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $25MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.3% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.7% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 66.4% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 11.8% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 3.6% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $476,545 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.37% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 15 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 38.4 | 10.0 |
| Independent voting board members Part VI 1a–1b | 23 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseConsumer solutions: through inhp, individuals and families with low and moderate incomes are prepared for long-term successful homeownership by gaining the knowledge, financial capability and guidance they need to successfully navigate the homebuying process. Across our consumer solutions, 1,317 families graduated from inhp education class offerings, 212 unique households became mortgage eligible through the homewonership preparation program. Inhp originated 102 direct first and second mortgage loans and 98 clients closed a first mortgage with private sector lenders. All inhp first and second…
Community solutions: inhp is creating opportunities for individual homeowners and neighborhoods with targeted investments across the city as we develop single family homes, provide access to capital and expertise, and partner with neighborhoods to respond to the shortage of affordable homes for families of low and moderate incomes. Across inhp's community solutions, we impacted 747 affordable housing units. Some key accomplishments include: - sold one property in our tod landbank to a developer for affordable housing - provided $2.6 million in community loans impacting 230 affordable housing…
Policy and research solutions: inhp supports the procurement of data and research from state, local and national research organizations regarding affordable housing and community development. The results of this work inform our work and is shared broadly to support the local knowledge base relative to the demand for and supply of affordable housing
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 45.0 hrs/week | $435,533 | $0 | $41,012 | $476,545 |
| CHIEF STRATEGY OFFICER Officer, 45.0 hrs/week | $280,285 | $0 | $39,098 | $319,383 |
| CFO & COO (END 10/24) Officer, 45.0 hrs/week | $241,075 | $0 | $21,659 | $262,734 |
| VP HOMEOWNERSHIP INITIATIVES Officer, 45.0 hrs/week | $222,744 | $0 | $29,391 | $252,135 |
| DIRECTOR FINANCE Highest compensated employee, 45.0 hrs/week | $164,117 | $0 | $18,478 | $182,595 |
| CHIEF RELATIONSHIP OFFICER (BEG 1/15/24) Officer, 45.0 hrs/week | $155,611 | $0 | $12,543 | $168,154 |
| DIRECTOR COMMUNITY LENDING Highest compensated employee, 45.0 hrs/week | $149,609 | $0 | $18,236 | $167,845 |
| DIRECTOR MARKETING AND COMMUNICATIONS Highest compensated employee, 45.0 hrs/week | $146,159 | $0 | $19,008 | $165,167 |
15 people received more than $100,000 in reportable compensation from Indianapolis Neighborhood Housing Partnership (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 23 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 561
- Volunteers Part I, line 637
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ACM Contracting LLC Contractor | $284,175 |
| Main Street Real Estate Holdings LLC Contractor | $219,554 |
| Mobility Heating & Cooling LLC HVAC Contractor | $192,250 |
| Radio One Inc- LLP advertising | $155,732 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to Indianapolis Neighborhood Housing Partnership totaling $111K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Indianapolis Neighborhood Housing Partnership's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Indianapolis Neighborhood Housing Partnership, you can publish a response that is linked from this page.
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Of every $100 Indianapolis Neighborhood Housing Partnership spent in 2024, $85.25 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Tlingit-Haida Regional Housing AuthorityJuneau, AK · revenue $25M · programs 96.3% · 2024
- Community Investment CorporationChicago, IL · revenue $25M · programs 85.0% · FY2025
- Redstone Village FKA REDSTONE MILITARY RETIREMENTHuntsville, AL · revenue $25M · programs 86.6% · 2024
- Raymore Senior CARE LlcBrookhaven, GA · revenue $25M · programs 87.6% · 2024
- Apv Redevelopment CorporationHouston, TX · revenue $25M · programs 100.0% · 2024
All housing & shelter charities · Largest charities in Indiana
Questions people ask
How much of Indianapolis Neighborhood Housing Partnership's spending goes to programs?
In calendar year 2024, Indianapolis Neighborhood Housing Partnership reported that 85.3% of its $20.1 million in expenses went to program services, 11.7% to management and general and 3.0% to fundraising (Form 990, Part IX).
How much does Indianapolis Neighborhood Housing Partnership pay its top executive?
The largest total compensation Indianapolis Neighborhood Housing Partnership reported for one person in calendar year 2024 was $476,545, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Indianapolis Neighborhood Housing Partnership get its money?
Of $24.8 million in revenue in calendar year 2024, 66.4% came from contributions and grants (including 11.8% from government grants) and 3.6% from program service revenue (Form 990, Part VIII).
Is Indianapolis Neighborhood Housing Partnership a registered charity?
The IRS lists EIN 35-1742559 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202542869349301689 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202442629349300414 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322859349302147 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222669349301102 · read the filing
- 2020: Form 990 for calendar year 2020, object 202112849349301161 · read the filing
- 2019: Form 990 for calendar year 2019, object 202032769349300413 · read the filing
All filings for EIN 35-1742559: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.