2020-07-13T13:12:30-05:00 2019-12-31 042571780 AAFCPAS 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2019-01-01 043172401 THE HOUSING PARTNERSHIP NETWORK INC HOUS 6177201999 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 THOMAS BLEDSOE PRESIDENT 6177201999 2020-07-08 1 THOMAS WASHBURN CPA P00537319 5083669100 2020-07-06 40.70.31.102 2020-07-08 10:15:59 ED P 247284B58625830FD7AA80C2F29CE40271A21289 247284B58625830FD7AA80C2F29CE40271A21289 2019 2021-01-29 14:40:06Z THOMAS BLEDSOE 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 13265841 0 X HOUSINGPARTNERSHIP.NET X 1992 MA THE HOUSING PARTNERSHIP NETWORK, INC.'S (HPN) MISSION IS TO BUILD AFFORDABLE HOMES, BETTER FUTURES, AND VIBRANT COMMUNITIES FOR LOW AND MODERATE INCOME PEOPLE THROUGH PARTNERSHIPS WITH ITS MEMBER ORGANIZATIONS AND BUSINESSES, GOVERNMENT AND PHILANTHROPIC INSTITUTIONS. 18 17 75 17 0 0 5439503 6081914 11178419 7052999 32330 81963 116685 48965 16766937 13265841 806268 2114086 0 0 8481312 7480346 0 0 289979 4964299 6150460 14251879 15744892 2515058 -2479051 34121688 35971217 17173216 21501796 16948472 14469421 TO BUILD AFFORDABLE HOMES, BETTER FUTURES AND VIBRANT COMMUNITIES FOR LOW AND MODERATE INCOME PEOPLE THROUGH PARTNERSHIPS WITH OUR MEMBER ORGANIZATIONS, THE BUSINESS SECTOR, GOVERNMENT, AND PHILANTHROPIC INSTITUTIONS. 0 0 12557847 2114086 7052999 TO SUPPORT AND ADVOCATE COMMUNITY BASED EFFORTS FOR THE EXPANSION OF AFFORDABLE HOUSING OPPORTUNITIES AND THE REVITALIZATION OF COMMUNITIES. 12557847 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 32 0 1 75 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 MA MN DC NY X ERIC CHATMAN 6177201999 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 ALAN ARTHUR DIRECTOR 1.00 X 0 0 0 CHRIS PERSONS DIRECTOR 1.00 X 0 0 0 CYNTHIA A PARKER DIRECTOR 1.00 X 0 0 0 DAVID ADAME DIRECTOR 1.00 X 0 0 0 DEIRDRE SCHMIDT DIRECTOR 1.00 X 0 0 0 ELLIS CARR TREASURER 1.00 X X 0 0 0 GILBERT M PIETTE DIRECTOR 1.00 2.00 X 0 0 0 JOAN CARTY DIRECTOR 1.00 X 0 0 0 JOHN O'CALLAGHAN DIRECTOR 1.00 X 0 0 0 KATE MONTER-DURBAN DIRECTOR 1.00 X 0 0 0 KATHY LABORDE DIRECTOR 1.00 2.00 X 0 0 0 LAWRENCE SWANSON DIRECTOR 1.00 X 0 0 0 MATT FRANKLIN VICE CHAIRMAN 1.00 2.00 X X 0 0 0 MICHAEL PITCHFORD DIRECTOR 1.00 X 0 0 0 PATRICIA BELDEN DIRECTOR 1.00 X 0 0 0 ROBIN HUGHES CHAIRWOMAN 1.00 X X 0 0 0 THOMAS BLEDSOE PRESIDENT AND CEO 40.00 2.00 X X 497908 0 49003 LINDA MANDOLINI DIRECTOR 1.00 X 0 0 0 ALFREDO DE LA PENA DIRECTOR 1.00 2.00 X 0 0 0 REBECCA REGAN EVP, PRESIDENT OF CAPITAL 40.00 X 301223 0 49004 MARK LEDERHOS SVP BUSINESS DEV & EXECUTI 40.00 X 218598 0 27021 ERIC CHATMAN CHIEF FINANCIAL OFFICER 40.00 2.00 X 295924 0 46197 CHARLES WEHRWEIN CLERK, CHIEF OPERATING OFF 40.00 X 300960 0 55281 VIRGINIA MARA DIRECTOR OF PORTFOLIO MGMT 40.00 X 133050 0 32262 CATHERINE RODRIGUEZ PRESIDENT OF HPF 40.00 2.00 X 191096 0 41892 1938759 0 300660 29 0 1 0 CORESPHERE LLC 10411 MOTOR CITY DRIVE SUITE 410 BETHESDA MD 20817 WEB DEVELOPMENT 1754908 KROKIDAS & BLUESTEIN LLP 600 ATLANTIC AVENUE SUITE 1900 BOSTON MA 02210 LEGAL 176622 2 915079 294916 720197 4151722 1000000 6081914 SHARE OF INCOME FROM A 531390 3524694 3524694 MANAGEMENT FEES 531390 2236194 2236194 PROGRAM SERVICE FEES 531390 711283 711283 INTEREST ON LOANS 531390 489328 489328 LOAN LOSS 531390 83000 83000 8500 8500 7052999 81963 81963 MISCELLANEOUS REVENUE 531390 48965 48965 48965 13265841 7052999 0 130928 2114086 2114086 1849061 1180741 581400 86920 4445967 3263498 1045580 136889 364782 245205 108968 10609 423699 281939 129008 12752 396837 280819 101737 14281 171624 136827 34797 45071 45071 1074570 801301 270744 2525 258372 70032 185386 2954 1924051 1924051 510873 415249 82994 12630 335048 266917 62668 5463 577692 551571 25286 835 627480 627480 177276 127905 47019 2352 69450 61544 7095 811 STAFF DEVELOMENT 160845 81138 79096 611 OTHER EXPENSES 140755 86869 53886 COMMUNICATIONS 45184 12425 32558 201 DUES AND PUBLICATIONS 32169 28250 3773 146 15744892 12557847 2897066 289979 1651603 1938657 6833473 8605364 1032442 832442 4732230 5387045 251673 159538 609569 571676 79731 37893 18542080 18544690 998456 465588 34121688 35971217 1627358 3929038 85444 585444 187687 127199 15272727 16204546 0 655569 17173216 21501796 X 12856978 12587901 4091494 1881520 16948472 14469421 34121688 35971217 -2479051 0 X X 0 1 X 1 1 1 X 4311510 5137586 6825749 5439503 6081914 27796262 4311510 5137586 6825749 5439503 6081914 27796262 10020542 17775720 11258 9820 13273 32330 81963 148644 73550 285246 177616 116685 48965 702062 28646968 41087746 0.62050 0.62340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: VARIOUS MISCELLANEOUS RECEIPTS - 2015 AMOUNT: $ 73,550. 2016 AMOUNT: $ 285,246. 2017 AMOUNT: $ 177,616. 2018 AMOUNT: $ 116,685. 2019 AMOUNT: $ 48,965. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 21092 0 0 21092 0 PART II-B, LINE 1: THE HOUSING PARTNERSHIP NETWORK, INC. HAS A STAFF MEMBER THAT LOBBIES IN SUPPORT OF OUR EFFORTS TO CREATE A MORE ENTREPRENEURIAL AND SUSTAINABLE AFFORDABLE HOUSING SECTOR THAT MORE EFFECTIVELY AND EFFICIENTLY USES SCARCE PUBLIC DOLLARS. 135833 135271 562 473736 436405 37331 37893 INVESTMENT IN AFFILIATE 8186408 C LOANS RECEIVABLE 10358282 C 18544690 DUE FROM AFFILIATES 655569 655569 X PART X, LINE 2: HPN ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. HPN HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS AT DECEMBER 31, 2019. HPN'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 1 ACTION-HOUSING INC 611 WILLIAM PENN PLACE PITTSBURGH PA 15219 250965469 501(C)3 43998 HOUSING COUNSELING, FORECLOSURE PROGRAM AVESTA HOUSING NEIGHBORWORKS HOC 307 CUMBERLAND AVENUE PORTLAND ME 04101 010315296 501(C)3 5664 HOUSING COUNSELING, FORECLOSURE PROGRAM CDC UTAH 501 EAST 1700 STREET SALT LAKE CITY UT 84105 870476889 501(C)3 78498 HOUSING COUNSELING, FORECLOSURE PROGRAM CHAMPLAIN HOUSING TRUST 88 KING STREET BURLINGTON VT 05401 222536446 501(C)3 33942 HOUSING COUNSELING, FORECLOSURE PROGRAM CHARLOTTE-MECKLENBURG HOUSING 4601 CHARLOTTE PARK DRIVE SUITE 350 CHARLOTTE NC 28217 561620516 501(C)3 37000 HOUSING COUNSELING, FORECLOSURE PROGRAM CLEVELAND HOUSING NETWORK (CHN HOUSING PARTNERS) 2999 PAYNE AVENUE SUITE 306 CLEVELAND OH 44114 341346763 501(C)3 104080 HOUSING COUNSELING, FORECLOSURE PROGRAM COLUMBUS HOUSING PARTNERSHIP (HOMEPORT) 3443 AGLER RD COLUMBUS OH 42319 311208260 501(C)3 104840 HOUSING COUNSELING, FORECLOSURE PROGRAM COMMUNITY DEVELOPMENT CORP OF BROWNSVILLE 901 E LEVEE ST BROWNSVILLE TX 78520 870476889 501(C)3 216940 HOUSING COUNSELING, FORECLOSURE PROGRAM COMMUNITY HOUSING PARTNERS 448 DEPOT STREET NE CHRISTIANSBURG VA 24073 541023025 501(C)3 64300 HOUSING COUNSELING, FORECLOSURE PROGRAM HOUSING CHANNEL 4200 SOUTH FREEWAY TOWER SUITE 307 FORT WORTH TX 76115 752399903 501(C)3 80560 HOUSING COUNSELING, FORECLOSURE PROGRAM INDIANAPOLIS NEIGHBORHOOD HSG PARTNERSHIP 3550 NORTH WASHINGTON BLVD INDIANAPOLIS IN 46205 351742559 501(C)3 129160 HOUSING COUNSELING, FORECLOSURE PROGRAM LONG ISLAND HOUSING PARTNERSHIP 180 OSER AVENUE HAUPPAUGE NY 11788 112889068 501(C)3 101621 HOUSING COUNSELING, FORECLOSURE PROGRAM METRO COMMUNITY DEVELOPMENT 503 S SAGINAW FLINT MI 48502 383072010 501(C)3 39186 HOUSING COUNSELING, FORECLOSURE PROGRAM METROPOLITAN BOSTON HOUSING PARTNERSHIP (METRO HOUSING BOSTON) 125 LINCOLN STREET 5TH FLOOR BOSTON MA 10036 042775991 501(C)3 14948 HOUSING COUNSELING, FORECLOSURE PROGRAM NEIGHBORWORKS AMERICA 999 NORTH CAPITAL ST NE WASHINGTON DC 20002 521148078 501(C)3 3883 HOUSING COUNSELING, FORECLOSURE PROGRAM NHS OF CHICAGO 1279 N MILWAUKEE 4TH FLOOR CHICAGO IL 60642 237443009 501(C)3 38257 HOUSING COUNSELING, FORECLOSURE PROGRAM NHS OF NEW YORK CITY 307 WEST 36TH ST NEW YORK NY 10018 133098397 501(C)3 71230 HOUSING COUNSELING, FORECLOSURE PROGRAM SOUTHWEST MINNESOTA HOUSING PARTNERSHIP 2401 BROADWAY AVENUE SLAYTON MN 56172 411721815 501(C)3 49000 HOUSING COUNSELING, FORECLOSURE PROGRAM ST AMBROSE HOUSING AID CENTER 321 EAST 25TH STREET BALTIMORE MD 21218 521729460 501(C)3 69000 HOUSING COUNSELING, FORECLOSURE PROGRAM WAYFINDERS 322 MAIN STREET SPRINGFIELD MA 01105 042518368 501(C)3 103693 HOUSING COUNSELING, FORECLOSURE PROGRAM THE HOUSING PARTNERSHIP FUND INC 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 043484336 501(C)3 714000 MATCHING CAPITAL AWARD 24 0 PART I, LINE 2: HPN ONLY MAKES GRANTS TO QUALIFIED ORGANIZATIONS THAT MEET THE CRITERIA OF SPECIAL CONTRACT AND GRANT PASS-THROUGHS OF HPN. THE ACCOUNTING DEPARTMENT AND PROGRAM MANAGERS MONITOR ALL GRANT ACTIVITY. X X X 0 0 0 0 0 0 0 0 0 THOMAS BLEDSOE PRESIDENT AND CEO 401090 0 96818 0 0 0 22400 0 26603 0 546911 0 0 0 REBECCA REGAN EVP, PRESIDENT OF CAPITAL 256108 0 45115 0 0 0 22400 0 26604 0 350227 0 0 0 MARK LEDERHOS SVP BUSINESS DEV & EXECUTI 195198 0 23400 0 0 0 17488 0 9533 0 245619 0 0 0 ERIC CHATMAN CHIEF FINANCIAL OFFICER 252724 0 43200 0 0 0 22400 0 23797 0 342121 0 0 0 CHARLES WEHRWEIN CLERK, CHIEF OPERATING OFF 255845 0 45115 0 0 0 21540 0 33741 0 356241 0 0 0 VIRGINIA MARA DIRECTOR OF PORTFOLIO MGMT 122050 0 11000 0 0 0 9775 0 22487 0 165312 0 0 0 CATHERINE RODRIGUEZ PRESIDENT OF HPF 167096 0 24000 0 0 0 15288 0 26604 0 232988 0 0 0 HOUSING PARTNERSHIP INSURANCE EXCHANGE (HPIEX) HPN HOLDS ONE SEAT ON THE BOARD OF HPIEX 700000 HPN HOLDS ONE SEAT ON THE BOARD OF DIRECTORS OF HPIEX. HPN HAS AN AGREEMENT WITH HPIEX TO PROVIDE MANAGEMENT SERVICES. 0 HOUSING PARTNERSHIP EQUITY TRUST (HPET) HPN HOLDS ONE SEAT ON THE BOARD OF HPET 80841 HPN IS THE GENERAL MANAGER UNDER MANAGEMENT CONTRACT AND HOLDS ONE SEAT ON THE BOARD OF DIRECTORS OF HPET. HPN HAS AN AGREEMENT WITH HPET TO PROVIDE MANAGEMENT SERVICES. 0 HPN SELECT LLC HPV WAS THE FOUNDER AND HOLDS 33% OF EQUITY INTERESTS IN HPN SELECT. 209507 HPV HOLDS 33% OF EQUITY INTERESTS IN HPN SELECT. HPN HAS AN AGREEMENT WITH HPN SELECT TO PROVIDE MANAGEMENT SERVICES. 0 X 1 1000000 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 HPN SERVES AS A PEER NETWORK AND BUSINESS ALLIANCE FOR SOME OF THE NATIONS TOP-PERFORMING NONPROFIT HOUSING DEVELOPERS, OWNERS, LENDERS, AND HOUSING COUNSELORS. HPN HELPS THESE STRONG, ACCOMPLISHED ORGANIZATIONS INCREASE PRODUCTION AND IMPACT THROUGH A UNIQUE MEMBER-DRIVEN COOPERATIVE THAT SHARES KNOWLEDGE AND INNOVATION, POOLS RESOURCES TO ACCESS THE CAPITAL MARKETS MORE EFFICIENTLY, AND SHAPES POLICY THAT REFLECTS AND ENHANCES THEIR PRACTICE. FORM 990, PART VI, SECTION A, LINE 7A NONE OF THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS, STOCKHOLDERS, OR OTHER PERSONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW AND THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST DISCLOSURES ARE USED AND IF ANY ISSUES ARISE THE BOARD IS NOTIFIED. IF ISSUES ARISE, THE BOARD MEMBER INVOLVED WILL RECUSE THEMSELVES FROM THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE QUATT STUDY: THIS IS A REVIEW OF THE OVERALL COMPETITIVENESS AND STRUCTURE OF THE HOUSING PARTNERSHIP NETWORK'S EXECUTIVE COMPENSATION PROGRAM. THE STUDY WAS COMPLETED AT THE END OF 2018. IN ADDITION, THE BOARD OF DIRECTORS ASSESS COMPENSATION ANNUALLY TO ENSURE THE CEO AND OFFICERS' SALARIES ARE REASONABLE AND THE RESULTS OF THE QUATT STUDY REMAIN RELEVANT BASED ON CURRENT MARKET CONDITIONS. FORM 990, PART VI, SECTION C, LINE 19 BY MEANS OF THE INTERNET AND UPON REQUEST. FORM 990, PART VI, LINE 16B: HPN'S POLICY OVER EVALUATING ITS PARTICIPATION IN JOINT VENTURE ARRANGEMENTS INVOLVES AN ASSESSMENT PERFORMED BY HPN'S MANAGEMENT AND BOARD OF DIRECTORS TO ENSURE THE TERMS OF ANY POTENTIAL JOINT VENTURE RELATIONSHIP IS PERMITTED UNDER APPLICABLE FEDERAL TAX LAW AND HPN'S EXEMPT STATUS IS BEING SAFEGUARDED. IN ADDITION, FORMAL OPERATING AND OTHER APPLICABLE AGREEMENTS ARE FORMALLY EXECUTED BY ALL PARTIES INVOLVED AND CLEARLY OUTLINE HPN'S ROLE IN ALL JOINT VENTURE RELATIONSHIPS. FORM 990, PART XII, LINE 2C HPN DID NOT CHANGE ITS FINANCIAL OVERSIGHT PROCESS AS OF DECEMBER 31, 2019. THE HOUSING PARTNERSHIP FUND INC 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 043484336 FINANCING & LENDING MA 501(C)(3) 10 HOUSING PARTNERSHIP NETWORK 1 THE HOUSING PARTNERSHIP VENTURES INC 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 200809596 LOAN & OTHER FUNDING ALTERNATIVES MA 501(C)(3) 12A HOUSING PARTNERSHIP NETWORK 1 HPN NMTC I LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 814642909 PROVIDE INVESTMENT CAPITAL IN LOW-INCOME COMMUNITIES DE THE HOUSING PARTNERSHIP NETWORK INC RELATED 11 1487 0 1 0.00010 HPN NMTC II LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 814653999 PROVIDE INVESTMENT CAPITAL IN LOW-INCOME COMMUNITIES DE THE HOUSING PARTNERSHIP NETWORK INC RELATED 11 1488 0 1 0.00010 HPN NMTC III LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 814669662 PROVIDE INVESTMENT CAPITAL IN LOW-INCOME COMMUNITIES DE THE HOUSING PARTNERSHIP NETWORK INC RELATED 8 995 0 1 0.00010 HPN NMTC IV LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 814685894 PROVIDE INVESTMENT CAPITAL IN LOW-INCOME COMMUNITIES DE THE HOUSING PARTNERSHIP NETWORK INC RELATED 22 2989 0 1 0.00010 FRAMEWORK HOMEOWNERSHIP LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 040888356 ONLINE HOMEOWNERSHIP COUNSELING AND EDUCATION DE RELATED 8361770 4787404 0 0 0.50000 HPN SELECT LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 475418258 GROUP BUYING COOPERATIVE MA THE HOUSING PARTNERSHIP VENTURES INC C 686857 731479 0.33330 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 THE HOUSING PARTNERSHIP FUND INC D 5322441 FAIR VALUE THE HOUSING PARTNERSHIP VENTURES INC D 250000 FAIR VALUE THE HOUSING PARTNERSHIP FUND INC L 773483 FAIR VALUE THE HOUSING PARTNERSHIP FUND INC D 2500000 FAIR VALUE